Tag Archives: Exchange News

In a surprise twist, Binance – the world’s largest and most popular digital currency trading firm – has agreed to purchase competitor FTX, which at this time is experiencing what it’s referring to as a “liquidity crunch” and is in need of some financial help. Binance Said It Would Buy FTX The irony is that FTX spent millions of dollars recently bailing other companies out of their messes. Who would have thought the enterprise that at one time appeared so popular and stable would now need...

The native token of FTX – a leading, yet new digital currency exchange – took a harsh dip in mid-November after news came about that Binance – one of the world’s biggest crypto trading platforms – was liquidating its holdings of the asset and ending its support for it as a means of preventing competition to its own native currency BNB Coin. FTX Is Having It Hard The FTX asset fell by as much as 15 percent following the news, and this leakage eventually made its way into...

Popular digital currency exchange FTX and its founder Sam Bankman-Fried are the subjects of a new investigation occurring in Texas. The state alleges that the company may have sold unregistered securities to dozens of customers. FTX Has Fallen into Texas’ Line of Vision This is an ongoing scheme in the cryptocurrency world. Many financial organizations like the Securities and Exchange Commission (SEC) are coming down hard on crypto firms that may not have taken the time...

Per data from Crypto Quant, people continue to take their bitcoin and digital currency funds out of exchanges. In October alone, more than $750 million in BTC was moved out of digital currency trading platforms in a single day. Why Are People No Longer Using Exchanges? This likely suggests that people continue to lose faith in crypto. The space has been crashing like crazy for the past several months, and the price of bitcoin is the real clincher. Just last year, bitcoin...

Bitcoin experienced a significant drop in mid-October of this year after roughly 48,000 units were moved out of Coinbase, one of the world’s leading and most popular digital currency trading platforms. Coinbase Loses a Lot of BTC Business The transaction was first reported on by Crypto Quant, which claims the outflow of bitcoin from Coinbase was the second largest in the history of the digital currency arena. The company claims this is proof that virtually everyone –...

It can be extremely difficult to establish a new digital token, much less have it listed on a legitimate exchange. Thus, traders should probably be giving Oobit Technologies a pat on the back, as it’s managed to do both within a relatively short period. Oobit Has Unveiled Its New Crypto Token Oobit – a crypto payments solution – has created what it’s calling the OBT utility token, which will be the official digital currency of the company. It was first listed on the MEXC...

Primer – a global payments platform – has partnered with Coinbase, one of the largest and most popular digital currency exchanges in the world, to allow company clients to accept digital currencies as methods of payment when customers check out. Primer and Coinbase… The Perfect Match? The enablement occurs through Coinbase Commerce, the merchant side of the digital currency platform. Roy Zhang – group product manager of Coinbase Commerce – explained in a recent...

Maren Altman – a crypto astrologist – is taking a lot of flak as of late for her past support of Celsius, a doomed digital currency lending network that ultimately entered bankruptcy proceedings last summer. Celsius Continues to Draw Angry Crowds Celsius has taken on a new form in recent days. What was once a highly respected and loved digital currency platform has practically become a curse for many traders, some of which plunked their life savings into the lending...

As the CEO of Coin Panel, Alexander Westin is a firm believer in the blockchain space, and he’s convinced it can change the world. Alexander Westin Is Confident in Crypto In a recent interview, Westin discussed his business history and talked about all the things he managed to accomplish prior to entering the digital currency world. He said: Entrepreneurism is, quite literally, in my blood. I grew up in an entrepreneurial family where business life was always a natural...

Betterment – a large and independent robo-adviser – is allowing its customers to engage in crypto trading and investing by permitting them to place a small number of various crypto units into their portfolios. This is the first time the company has offered such services to its customers. Betterment Is Giving Customers the Chance to Invest in Crypto The news is a testament to how popular and powerful crypto remains. While the space is arguably experiencing some of the...