Tag Archives: Exchange

Bitcoin-Börsen wie Binance verlangen bei einigen digitalen Währungen zusätzlich zur Empfängeradresse einen Memo Tag. Dieser dient zur eindeutigen Identifizierung der Transaktion. Kryptowährungen, insbesondere Ripple (XRP) und Stellar (XLM), haben sich in den letzten Jahren stark entwickelt und gewinnen immer mehr an Bedeutung. Während viele Kryptowährungen einfach über ihre eindeutige Wallet-Adresse transferiert werden können, erfordern Ripple und...

The Korea Federation of Banks (KFB) reportedly intends to require domestic cryptocurrency exchanges to hold at least 3 billion won (around $2.26 million) as a reserve. The local authorities have been quite strict with such entities lately, urging them to set up proper guidelines in terms of listing and delisting of digital assets to ensure maximum protection for customers. The Upcoming Requirement As reported by a Korean media outlet, the changes are expected to come into...

According to recent research by CoinGecko, two-thirds of the 30 biggest global banks by assets under management (AUM) support crypto trading through regulated exchanges. Furthermore, around 74% of the top 50 banks worldwide support crypto trading by connecting to regulated exchanges, the report added. “However, none support retail crypto trading or on-ramping from respective native platforms.” 1/ How many of the top 30 banks in the world support crypto trading? 66% or 20 out...

OPNX – the crypto bankruptcy claims exchange launched by Su Zhu and Kyle Davies – released a whitepaper for its new ‘OX’ governance token on Wednesday. Details around the coin’s tokenomics caused the price of FLEX – the platform’s existing native token – to spike on the day. OPNX, FLEX, and OX Following the reveal, FLEX trades for $1.14 at writing time, up 19% from $0.96 24 hours ago, and from $0.75 a week ago, according to CoinMarketCap. By contrast, CoinGecko reflects a...

The crypto analytics platform – Santiment – indicated that the amount of bitcoin held on digital asset exchanges has recently plummeted below 6%. The last time the figures were that low was in December 2017. The decreased trust in centralized platforms intensified shortly after the fallout of FTX (one of the leaders in its field prior to its bankruptcy). Binance has also seen a rise in bitcoin outflows during the past several months, signaling that many users prefer to rely...

Binance CEO, Changpeng “CZ” Zhao is rich; well, mega-rich. But he’s just not as rich as Bloomberg thinks, at least, he said so. But even though he is one of the richest men in the world, he is far from reaching the wealth of other tech industry billionaires, contrary to Bloomberg’s inaccurate assertions. On April 27, the CEO of Binance, the world’s largest cryptocurrency exchange, stated that his fortune is nowhere near the $28.2 billion claimed by Bloomberg in its report on...

The US Securities and Exchange Commission (SEC) Chairman – Gary Gensler – affirmed during testimony before the House Financial Services Committee that the agency will keep insisting that local crypto platforms abide by strict laws. Committee Chairman Rep. Patrick McHenry argued that the regulator’s aggressive approach could drive such firms away from the USA and hamper innovation.  Gensler also said he has never owned any digital assets, classifying them as “highly...

If you have been in the crypto sphere for some time, there are two things you should already know: you should never want to invest more money than you can afford to lose, and you will never want to read the words “Please bear with me; I don’t wanna go to jail,” from the CEO of a major exchange – for example, Paxful. On April 6, Ray Youssef, CEO and co-founder of Paxful, a US-based P2P Bitcoin exchange, announced that he is working on a plan to reimburse users’ funds using his...

On March 31, Bittrex, one of the largest and oldest US exchanges, announced the closure of its operations due to the country’s current “regulatory and economic environment.” According to the official statement, users’ funds will remain secure and available for withdrawal at any time during the wind-down of US operations. This announcement will not affect customers outside the country using Bittrex Global. US Regulations Created An Uneven Competitive Landscape Bittrex...

Starting this weekend, the Kraken logo will be exposed to millions of users thanks to the exchange’s partnership with the famous Formula 1 racing team, Williams Racing. On March 28th, Kraken, one of the largest cryptocurrency exchanges worldwide, announced the signing of a sponsorship agreement with Williams Racing, considered one of the four top Formula 1 teams, alongside Ferrari, McLaren, and Mercedes. According to Kraken’s statement, this is the exchange’s first...