Exchanges

The Hong Kong Securities and Futures Commission (SFC) is set to approve additional cryptocurrency exchanges by the end of 2024, according to its CEO, Julia Leung. Per a report by Callan Quinn for CoinDesk, Leung shared the update on October 6, stating that 11 platforms currently undergoing on-site reviews are expected to make further progress […]

In a significant cybersecurity incident on July 18, 2024, WazirX, a prominent Indian cryptocurrency exchange, fell victim to a wallet exploit resulting in the unauthorized transfer of more than $230 million worth of crypto assets. The attack, which targeted the exchange’s multisig wallet on the Ethereum network, has sent shockwaves through the crypto community and […]

The June 2024 edition of CCData’s Exchange Review report reveals several significant trends in the digital asset market. CCData, an FCA-authorized benchmark administrator, is a global leader in digital asset data, offering high-quality real-time and historical data for institutional and retail investors. Known for its expertise and objective insights into the digital asset industry, CCData […]

Tech giant Sony is moving into the cryptocurrency world by reviving a digital asset exchange it acquired last year, Whalefin, from cryptocurrency lender Amber Group last year. The exchange was purchased by Sony’s subsidiary Quetta Web in August 2023, with financial details about the deal not being disclosed. Amber Japan, the former parent company of […]

Popular cryptocurrency exchange OKX has seen over $630 million in outflows over the last seven days as mounting security concerns have seen users head for the exits, with data suggesting they’re moving to leading cryptocurrency exchange Binance instead. According to data from DeFiLlama, OKX has seen $633.8 million of outflows over the last 7-day period, […]

CCData, authorized by the FCA as a benchmark administrator, stands as a global leader in digital asset data. It serves both institutional and retail investors by providing high-quality, real-time, and historical data. With a proven track record in data expertise, CCData offers thought-leadership reports and analytics that deliver objective insights into the digital asset industry. […]

Earlier today, the Hong Kong Securities and Futures Commission (SFC) took decisive action against Quantum AI, an unlicensed cryptocurrency exchange that falsely claimed affiliation with Tesla CEO and Dogecoin ($DOGE) advocate Elon Musk. The fraudulent entity, based in Hong Kong, purported to offer AI-powered crypto trading services developed by Musk himself. According to a report […]

Recently, CCData released the latest edition (March 2024) of its Exchange Review research report. CCData is a trusted source for comprehensive data and analytics tailored to the ever-evolving cryptocurrency market. They go beyond simple data collection, meticulously organizing and analyzing vast datasets to unlock valuable insights for institutions and individuals navigating this space. CCData offers […]

On 28 March 2024, the U.S. Department of Justice (DOJ) announced that Samuel Bankman-Fried (aka “SBF”), a co-founder of the cryptocurrency exchange FTX and the trading firm Alameda Research, had been sentenced to 25 years in prison. The sentence, delivered by U.S. District Judge Lewis A. Kaplan, also includes three years of supervised release and […]

The U.S. Attorney’s Office for the Southern District of New York, in conjunction with Homeland Security Investigations (HSI), has announced the unsealing of an indictment against global cryptocurrency exchange KuCoin and two of its founders, Chun Gan (also known as “Michael”) and Ke Tang (also known as “Eric”), for serious violations of U.S. financial regulations. […]

CCData, a global leader in digital asset data recognized for providing institutional and retail investors with high-quality real-time and historical data, has recently published its February 2024 Exchange Review. According to CCData, the report aims to capture the key developments within the cryptocurrency exchange market, focusing on exchange volumes, market segmentation, and analysis of Bitcoin […]

CCData, a global leader in digital asset data, has once again provided invaluable insights into the cryptocurrency exchange market with the January 2024 edition of its highly popular Exchange Review report. This monthly analysis offers a deep dive into exchange volumes, crypto derivatives trading, market segmentation, and the dynamics between crypto-to-crypto versus fiat-to-crypto volumes, among […]

Gemini, a prominent cryptocurrency exchange, recently released its 2024 Crypto Trend Report, offering a detailed analysis of the key trends and predictions for the year. Potential Approval of Spot Bitcoin ETFs in the U.S. Gemini’s report suggests a significant potential impact on Bitcoin’s price following the approval of a spot Bitcoin ETF in the U.S. […]

Introduction The crypto community is excitedly waiting for the potential approval of a spot Bitcoin exchange-traded fund (ETF) in the United States. While this development is eagerly awaited, some analysts are raising concerns about its possible repercussions for centralized cryptocurrency exchanges. Analysts’ Predictions and Concerns Several industry observers are optimistic that a spot BTC ETF […]

CCData, a benchmark administrator sanctioned by the Financial Conduct Authority (FCA), stands at the forefront of digital asset information, delivering top-tier data and indices for settlement purposes. The firm excels in compiling and interpreting tick data from internationally recognized trading platforms, offering a detailed and extensive view of the digital asset market. This view encompasses […]

CCData, a benchmark administrator sanctioned by the Financial Conduct Authority (FCA), stands at the forefront of digital asset information, delivering top-tier data and indices for settlement purposes. The firm excels in compiling and interpreting tick data from internationally recognized trading platforms, offering a detailed and extensive view of the digital asset market. This view encompasses […]

CCData has established itself as a pivotal entity in the realm of digital asset exchange evaluation. Since its inception in 2019, the organization has been instrumental in setting benchmarks for assessing the risks associated with cryptocurrency exchanges. Their work is recognized as the industry standard, providing a comprehensive overview of the trading landscape through meticulous […]

The Anatolian 9th High Criminal Court in Turkey has issued a sweeping 11,196-year prison sentence to Faruk Fatih Özer,, former CEO of the now-defunct Thodex cryptocurrency exchange, on several charges. These charges include “establishing, managing and being a member of an organization,” “qualified fraud,” and “laundering of property values.” The court further imposed a pentalty […]

CCData, a renowned FCA-authorized benchmark administrator and global leader in digital asset data, has unveiled the highly-anticipated August 2023 edition of its Exchange Review report. This comprehensive report serves as a beacon for institutional and retail investors, shedding light on critical developments within the cryptocurrency exchange market. CCData’s August 2023 Exchange Review reveals that in […]

In a recent video on her YouTube channel “Crypto Tips,” Heidi Chakos, a well-known crypto educator and influencer, discussed what she considers the most bullish news of 2023: Uniswap’s trading volume surpassing that of Coinbase. According to Chakos, in the first quarter of 2023, Uniswap recorded a trading volume of $155 billion, outperforming Coinbase’s $145 […]

In a recent interview with CNBC’s “Squawk Box” co-anchor Andrew Ross Sorkin, U.S. Treasury Secretary Dr. Janet Yellen expressed her evolving views on the cryptocurrency sector and the need for enhanced regulation to protect consumers and investors. During the conversation, Sorkin brought up the topic of cryptocurrencies, a recurring theme in their past interviews, and […]

Seychelles-based cryptocurrency exchange OKX has recently conducted a poll asking its users to vote on their preferred meme-inspired cryptocurrency listed on the platform, with one of the options being Shiba Inu ecosystem token $BONE. Following its results, the exchange listed its token and became one of its largest holders. According to data from the Ethereum […]

In an upcoming testimony, U.S. Securities And Exchange Commission (“SEC”) Chair Gary Gensler is set to share his thoughts on crypto markets and regulation at a U.S. Congress hearing. It is important to note that these comments reflect his personal views, and he makes it clear that he is not speaking on behalf of the […]

The crypto world is debating the SEC’s proposed amendments to exchange regulations, which could impose additional burdens on crypto platforms and hamper innovation, according to Commissioner Hester M. Peirce (aka “Crypto Mom”). The U.S. Securities and Exchange Commission (SEC) announced on April 14 that it is reopening the comment period and providing supplemental information for […]

Defying the U.S. Securities and Exchange Commission’s (SEC) claims that XRP is a security, Uphold, which is a global multi-asset digital trading platform, has remained steadfast in its support for the embattled digital asset. On December 22, 2020, the U.S. Securities and Exchange Commission (SEC) filed an action against Ripple Labs Inc. and two of […]

Galaxy Digital Holdings Inc. (OTCPK:BRPHF) CEO Mike Novogratz voiced his concerns about the US regulatory environment for the crypto industry in a recent interview. According to what Novogratz said in his interview with The Block’s East Coast Managing Editor Nathan Crooks, the crypto industry is “under assault” by U.S. regulators. The Galaxy Digital CEO believes that […]

Popular cryptocurrency exchange Bittrex has announced that it will wind down its U.S. operations due to the challenging regulatory and economic environment. Founded in 2013 by Bill Shihara, Richie Lai, and Rami Kawach, Bittrex has been a prominent player in the crypto space. However, this decision does not impact Bittrex Global, the international arm of […]

The native token of the popular decentralized exchange dYdX has surged more than 200% over the past 30 days as its trading volume keeps on rising and investors move their funds off of centralized exchanges in the wake of FTX’s collapse. According to market data, the price of the exchange’s governance token $DYDX has now […]

On Monday (16 January 2023), Nik Bougalis, the former Director of Engineering at Ripple, shared his thoughts on the attempt by Su Zhu and Kyle Davies, co-founders of bankrupt crypto hedge fund Three Arrows Capital (“3AC”) to raise funds for a new crypto exchange. On 21 October 2022, Bougalis, who had been working on the […]

 On Thursday (29 December 2022), Coin Metrics Co-Founder Nic Carter looked at how various major centralized exchanges are doing in terms of providing Proof of Reserves (PoR). Here is how Carter, who has long been a strong proponent of custodial service providers in the crypto space having a Proof of Reserves program, explains this concept: “Proof […]

Santander UK, which is a British bank wholly owned by Spanish multinational financial services firm Santander Group, is advising its customers that there will soon be limits imposed on payments to crypto exchanges. According to a recent notice (on the company’s website) aimed at customers, the bank has seen “a large increase in UK customers […]

Kraken, a leading crypto exchange, says that Co-Founder and current CEO Jesse Powell is giving up his CEO role and becoming chairman of the board of directors. According to Kraken’s press release, Dave Ripley, who has been the COO for the past six years, will become the CEO once Kraken has completed its COO search. […]

On Monday (September 5), multi asset class financial trading platform BlueBit did the Shiba Inu ($SHIB) community another favor to complete an impressive hat trick that started roughly three weeks ago. Here is what Binance Academy says about Shiba Inu: “Shiba Inu (SHIB) is a dog-themed meme cryptocurrency named after a Japanese dog breed. It was created […]

On Monday (August 15), Brazilian financial services giant XP Inc. (NASDAQ: XP) announced that it had opened its crypto trading platform XTAGE to clients. According to a press release issued by XP on May 12, XTAGE, which is built on Nasdaq’s trading technology, “represents a key milestone in democratizing access to the digital assets market in Brazil”, and is […]

On Thursday (August 11), crypto exchange Kraken released the results of its “second 2022 Proof of Reserves audit”, which has been expanded to include seven digital assets. These seven cryptoassets are $BTC, $ETH, $USDT, $USDC, $XRP, $ADA, and $DOT. According to Kraken’s blog post, “a Proof of Reserve audit is a trail-blazing accounting procedure that […]

The chief executive officer (CEO) for major crypto exchange Coinbase recently explained how his company decides which altcoins to add to the platform. Speaking in an interview with computer scientist Lex Fridman, Coinbase CEO Brian Armstrong said that the company begins by evaluating an altcoin’s status as a security: “We basically have a test of […]

On Wednesday (August 3), blockchain security firm PeckShield reported that around $4.8 million has been transferred out of crypto exchange ZB. On its website and in its Twitter bio, ZB calls itself the world’s most secure crypto exchange, as you can see from the screenshot below (taken at 6:27 p.m. UTC on August 3): Here […]

The meme-inspired cryptocurrency $BABYDOGE has recently been listed on a popular cryptocurrency exchange, Poloniex, as its keeps on processing token burns and trending on social media thanks to its supporters. According to a bot tracking cryptocurrency listings on exchanges, Poloniex listed $BABYDOGE at the beginning of August and now has the meme-inspired cryptocurrency trading against […]

On Monday (July 25), Reuters reported that Brazilian financial services giant XP Inc. (NASDAQ: XP) “expects to open its digital assets trading platform to clients by mid-August, initially offering bitcoin and ether but with plans to expand it by the end of this year.” As you may remember, on May 12, CoinDesk reported that XP […]

Plaid, which is a leading open banking platform, has announced the addition of read-only support for several major crypto exchanges.  According to a report by TechCrunch, Plaid had previously integrated with several large crypto exchanges (such as Coinbase and Robinhood) on an ad hoc basis. The addition of read-only support gives an indication that the […]

Crypto exchange OKX is reportedly paying more than $20 million to sponsor in the upcoming season one of the clubs in the Premier League, which is “the top level of the English football league system.” According to a report by Forbes, OKX has reached an agreement to expand its existing partnership with Premier League club Manchester City. […]

CZ, Co-Founder and CEO of the world’s largest centralized crypto exchange (CEX) by trading volume, recently shared his thoughts on decentralized finance (DeFi) and decentralized exchanges (DEXes). Speaking in an interview with the two co-hosts of the Bankless podcast, Binance chief Changpeng “CZ” Zhao predicted that DeFi and decentralized exchanges (DEXes) would be far superior […]

PayPal is a fintech giant that started offering users the ability to buy, sell and store crypto in October 2020. It has well over 400 million users and partly thanks to its reputation and battle-tested security, users have always wanted to be able to transfer crypto from Binance to PayPal. On June 7th, 2022 PayPal […]

On Saturday, Johnny Lyu, Co-Founder and CEO of crypto exchange KuCoin, said that there was “no ‘immense suffer’ from any ‘coin collapse’, “no plan to halt withdrawal,” and that “everything on KuCoin is operating well.” KuCoin, which was launched in September 2017, has its operational headquarters in Seychelles. It “offers over 700 digital assets, and […]

Recently, 30-year-old American billionaire Sam Bankman-Fried (aka “SBF”), who is the Co-Founder and CEO of crypto exchange FTX, shared his thoughts on the crypto space. According to his bio, before FTX, SBF was “a trader on Jane Street Capital’s international ETF desk”, where he “traded a variety of ETFs, futures, currencies, and equities, and designed their […]

Higher quality cryptocurrency trading platforms have been steadily gaining market share over the last few quarters, to the point they now command over 90% of the cryptocurrency space’s trading volumes. According to CryptoCompare’s latest Exchange Benchmark report, Top-Tier crypto trading platforms have been seeing their market share of total exchange volumes grow since August 2021. […]

On Wednesday (March 30), Jenna Wright, Managing Director at LMAX Digital, was interviewed by James Harris, Commercial Director at leading digital asset market data provider CryptoCompare, at this year’s CryptoCompare Digital Asset Summit. LMAX Group is “a global financial technology company and the leading independent operator of multiple institutional execution venues for FX and crypto […]

Netcoins, which is one of Canada’s oldest and most popular crypto trading platforms, has launched support for two meme-based cryptoassets with highly passionate communities. Netcoins, which was founded in 2014, “started out by providing a Virtual Bitcoin ATM solution to over 170,000+ stores across 3 continents, and also operated a private brokerage service for institutional […]

Binance, the world’s largest cryptoasset exchange, has been granted a license to conduct operations in Dubai following the country’s recent legislation regarding digital assets.   According to a report by Reuters, the company announced that it had obtained a Virtual Asset license from Dubai’s recently formed Virtual Asset Regulatory Authority (VARA), allowing the exchange to […]

The meme-inspired cryptocurrency Shiba Inu ($SHIB) has overtaken the native cryptocurrency of the FTX exchange, $FTT, as the second-largest holding the largest Ethereum whales have in their portfolios, behind $ETH itself only. According to data shared by whale monitoring resource WhaleStats, the largest Ethereum whales have been adding SHIB to their holdings over time to […]

$AVAX, the native token of  smart contracts platform Avalanche, is coming soon to one of the world’s longest running crypto exchanges (as well Europe’s largest crypto exchange by trading volume). What is Avalanche ($AVAX)? Below is a brief description of Avalanche from its developer documentation: “Avalanche is an open-source platform for launching decentralized applications and enterprise […]

FTX Future Fund, the philanthropic fund of FTX Co-Founder and CEO Sam Bankman-Fried (aka “SBF”) is investing up to $1 billion this year “making grants and investments to ambitious projects in order to improve humanity’s long-term prospects.” According to the website of Future Fund, which is “funded primarily by Sam Bankman-Fried, with major contributions from Caroline […]

Russia’s invasion of Ukraine, and the subsequent backlash of economic sanctions against the country, has reportedly resulted in ruble trading pairs surging on the cryptocurrency market.  According to a report by Frank Chaparro for The Block that was published on March 1, Russian investors are becoming increasingly active on crypto exchanges. Since Russia’s invasion of […]

Crypto Exchange Gemini has announced that it is now supporting $SOL, the native token of Solana, which is “an open source project implementing a new, high-performance, permissionless blockchain” that is maintained by the Geneva-based Solana Foundation. Yesterday (February 28), Gemini announced on its blog that it has added support for $SOL. Currently, $SOL is supported for […]

Recently, Sam Bankman-Fried (aka “SBF”) shared his experience of co-founding the popular crypto exchange FTX and growing it to a $32 billion valuation in just three years.  Speaking in an interview with Insider, SBF revealed that he decided to found his own crypto exchange in 2019 after growing annoyed with using what he called “crappy” […]

On Wednesday (February 9), one of Brazil’s oldest and most popular crypto exchanges announced its support for Shiba Inu ($SHIB). Here is what Binance Academy says about Shiba Inu: “Shiba Inu (SHIB) is a dog-themed meme cryptocurrency named after a Japanese dog breed. It was created in 2020 by an anonymous developer named Ryoshi, who […]

On Tuesday (February 1), highly popular meme-inspired cryptocurrency Shiba Inu ($SHIB) was welcomed by another cryptoexchange in the world’s 17th most populous nation. Here is what crypto payment processor said about the Shiba Inu project back in December 2021 when it announced in a blog post that $SHIB fans would finally be able to “buy, store, swap and […]

The founders of popular cryptocurrency exchange BitMEX are set to acquire one of the oldest banks in Germany, Bankhaus von der Heydt, which was formed back in 1754. The move will help establish a regulated cryptocurrency products powerhouse in Europe. According to an announcement published by BitMEX a company founded by its CEO Alexander Höptner […]

Highly popular meme-inspired cryptocurrency Shiba Inu ($SHIB) has landed in Mexico, getting listed on one of its most popular crypto exchanges. Here is what crypto payment processor said about the Shiba Inu project last month when it announced in a blog post that $SHIB fans would finally be able to “buy, store, swap and spend with this […]

In December, a total of 1,464 bitcoin options contracts were traded on the Chicago Mercantile Exchange, showing volume went up 20.6% compared to November. This is the highest level seen since May when crypto prices were at an all-time high and appeared amid a crypto market meltdown. According to CryptoCompare’s December 2021 Exchange Review report, […]