Tag Archives: Exchange News

Huobi Global – a known cryptocurrency exchange – is denying rumors that it plans to let go of some of its employees. It has also denied rumors that two of its top executives have resigned in recent weeks. Huobi Global: We’re Keeping Our Workers 2022 has been a rough year for crypto. The space has lost more than $2 trillion in overall valuation over the past several months alone, and assets like BTC – the world’s number one digital currency by market cap – have fallen by...

Santander – a UK-based financial institution – has announced it’s not going to allow any crypto exchange payments beginning in 2023. Thus, anyone who has a crypto wallet tied to their traditional bank account that tries to wire money to an attached crypto exchange to purchase assets will instantly be blocked. Santander Clearly Doesn’t Like Crypto The organization is taking a lot of flak for the maneuver, with many traders and investors claiming that the bank should not...

Iran is a sanctioned country. It’s not allowed to engage in certain activities unless the United States says so. Despite all this, popular digital currency exchange Binance still enabled the country to engage in crypto trades nearing $8 billion at press time. Binance Is Alleged to Have Aided Iran Almost all the trades occurred between Binance and Nobitex, a crypto exchange based in the Middle Eastern country. This data comes directly from blockchain analysis firm...

Tokenz Limited – a firm that seeks to provide blockchain-based sustainable practices – has launched its own digital currency exchange to permit customers to trade, purchase, and sell assets like bitcoin and Ethereum. The goal is to enable carbon exchanges within the free market. Tokenz Limited Is Bringing Its Own Exchange to Fruition Rimmi Sen – one of the directors of Tokenz Limited – commented in a recent interview: Tokenz’s platform has arrived with the aim to empower every type of...

Bitstamp is the oldest digital currency exchange in the world. Not long ago, it announced it’s set to begin doing business in the European nation of Luxembourg, and it will soon offer its services to crypto traders in that region. Bitstamp Is Cementing Itself in Luxembourg Jean-Baptiste Graftieaux – CEO of Bitstamp – said in an interview: We have a combination of engineers and product people who understand crypto or fintech. We also have experts in information security area and data...

What are some experts saying about the rise and fall of FTX, which at one point was one of the largest and most popular digital currency exchanges in the world? FTX Has Crashed and Burned Craig Erlam – senior market analyst at Oanda – recently formed the following opinion about all the drama surrounding the crypto trading platform: For a long time, bitcoin has aligned itself with broader risk appetite in the markets, but it goes without saying that Tuesday was not one of those days....

Crypto firm Block Mate Ventures has launched a new platform that will allow its customers to engage in instant crypto transactions. Traders and investors can log onto the website and instantly purchase assets like bitcoin and Ethereum in mere minutes or seconds. Block Mate Ventures Seeks to Make Crypto Purchases Faster The purchases can be done through credit cards or other local payment methods. Block Mate Ventures is introducing a new simplified interface that will be easy and readable...

It’s happened again, folks. Another digital currency hack is in the books. This time, the victim is Deribit, a cryptocurrency exchange based in the Central American nation of Panama. Deribit Has Lost a Lot of Money At the time of writing, as much as $28 million in crypto assets have been stolen. The exchange confirmed the incident in a tweet a few weeks ago, claiming that it’s BTC, ETH, and USDC hot wallets had been compromised by malicious actors and inherently drained of the units they...

With FTX filing bankruptcy and Sam Bankman-Fried now leaving the throes of his once-great company, Congress and the elites in Washington are once again turning up the volume on their arguments for regulating the crypto space. Congress Is Coming After FTX There have been far too many accidents this year in the world of crypto. With companies like Celsius suddenly halting withdrawals and then filing for bankruptcy and assets like the Terra Luna (allegedly) stable coin crashing to the ground,...

A rumor was swirling around online that the nation of El Salvador in Central America had tons of bitcoin locked away in the FTX exchange, which has now filed for chapter 11 bankruptcy. However, many industry heads – including Changpeng Zhao of Binance, the company that at one point was likely to purchase FTX and save it from its present string of problems – are saying this is not true, and that the country is not in any danger. El Salvador Says It’s Not Tied to the Failed Exchange El...