Exchanges

U.S.-based Users Given 14 Days to Get Off Binance

Cryptocurrency exchange Binance has begun clamping down on US-based clients, giving them fourteen days to transfer their funds away from the platform.

OKEx Announces User Compensation Program After Withdrawal Suspension

Popular cryptocurrency exchange OKEx, which suspended withdrawals in October as one of its private key holders was cooperating with authorities in an investigation, has added details on its user compensation programs after withdrawals are reenabled. As CryptoGlobe reported, OKEx  announced it will reenable withdrawals “on or before” November 27 of this year, after saying the […]

Coinbase Executive Says Institutional Interest in Cryptocurrency Increased Threefold

Coinbase head of institutional coverage Brett Tejpaul says institutional interest in cryptocurrency has grown more than threefold since the beginning of the year.

Crypto Market Cap Surpasses $500 Billion Helped by OKB and SUSHI

The total market capitalization of all cryptocurrencies has surpassed the $500 billion mark for the first time since February 2018 as the price of several altcoins is moving up, while BTC’s price is still above the $17,800, after hitting $18,000 yesterday. While there are several cryptoassets moving up in the last 24 hours, according to […]

OKEx to Reenable Withdrawals ‘on or Before November 27’

Popular cryptocurrency exchange OKEx has announced it will reenable withdrawals “on or before” November 27 of this year, as the private key holders it had lost contact with who was cooperating with an investigation has “completed assisting the authorities.” The person OKEx is believed to have lost contact with is the firm’s founder Mingxing “Star” […]

OKEx’s OKB Token Jumps 16% as Rumors Suggest Withdrawals Will Soon Be Reenabled

The price of OKEx’s OKB token has surged more than 16% on rumors suggesting that the person with who the firm lost contact that held the private keys to its wallets while cooperating in an investigation is soon set to be released from police custody. The person OKEx revealed it lost contact with is believed […]

South Korean Exchange Foblgate Supporting XRP Flare Spark Airdrop

South Korean exchange Foblgate has announced support for Flare Network’s upcoming fork of XRP which will airdrop spark tokens to holders.

Listing of $3 Billion of Bonds That Could Be Bought With Bitcoin Postponed

The listing of $3 billion worth of blockchain-based bonds that would be purchasable using bitcoin has been postponed by the exchange that was set to list them, Fusang. Fusang is a Malaysian digital securities trading platform, and revealed in a short post that the listing of the Longbong SR Notes USD Feb 2021 will be […]

$7.6 Billion Worth of Cryptocurrencies Have Been Stolen Since 2011: Report

A total of $7.6 billion worth of cryptocurrencies have been stolen by hackers and scammers since 2011, according to a new report published by Amsterdam-based blockchain analytics firm Crystal Blockchain. According to the report, reported on by CoinDesk, $2.8 billion were stolen through security breaches, with the most popular breach being against the security systems […]

Binance Awards $200,000 to Researchers Who Helped Identify Its Attackers

Leading cryptocurrency exchange Binance has revealed it is rewarding a team of investigators with $200,000 for submitting a long-form report that identified one of the attackers that tried to hack the exchange in 2018. In a press release shared with CryptoGlobe, Binance revealed that the U.S. Department of Justice revealed its indictment of two individuals […]

Hacked Crypto Exchange KuCoin Has Recovered Most of the Stolen Funds, Co-Founder Says

Johnny Lyu, co-founder and CEO of the hacked Singapore-based cryptocurrency exchange KuCoin, has revealed the trading platform recovered 84% of the assets that were stolen from it back in September. KuCoin suffered a major security breach in September, in which a hacker managed to access its hot wallets and steal over $280 million worth of […]

Open Interest on CME Climbed 28.6% in October, Report Reveals

The average open interest on the Chicago Mercantile Exchange (CME), an exchange for the trading of futures and options, went up 28.6% to $593 billion in October, with the month ending with $824 million in open interest. According to CryptoCompare’s October 2020 Exchange Review, institutional open interest on cryptocurrencies remained high throughout the month, even […]

Top Crypto Exchanges’ Trading Volumes Plunged in October: CryptoCompare Report

After setting a daily trading volume record this year in September, cryptocurrency trading platforms have seen spot trading volumes decline. In October, top trading platforms saw their volumes plunge. According to CryptoCompare’s October 2020 Exchange Review, Top-Tier cryptocurrency exchanges, defined by the firm’s Exchange Benchmark, saw larges decreases in monthly spot trading volumes in October, […]

Crypto Analyst Says dYdX Airdrop Could Be Bigger Than Uniswap

Crypto analyst Tyler Swope says the upcoming airdrop for decentralized exchange dYdX could be larger than Uniswap’s in September, with the price of UNI skyrocketed to $8.00.

Morgan Creek Digital Partner: ‘Bitcoin Could Hit 1–3M Dollars in the Next 5 Years’

Recently, Jason A. Williams, Co-Founder and Partner at Morgan Creek Digital Assets, told Norwegian crypto exchange NBX why he is so bullish on Bitcoin. Morgan Creek Digital Assets is a multi-strategy crypto-focused investment firm aimed at institutional clients and wealthy family offices. It was founded by Mark Yusko, Jason Williams, and Anthony Pompliano in 2018, […]

Quant Firm Alameda Research Invests in Retail Crypto Trading Bot Platform

Quantitative trading firm Alameda Research has announced a $3 million backing into automated trading bot creator 3Commas.

Crypto Exchange Poloniex’s ‘President’ Tokens Predicting Victory for Joe Biden

The markets for crypto exchange Poloniex’s “President” tokens is suggesting that the users buying those tokens are feeling bullish on Joe Biden winning this Tuesday’s U.S. presidential election.  On July 24, Poloniex announced that it had added support for two new digital assets — issued by crypto derivatives exchange FTX — to its Innovation Zone. […]

Crypto Exchange FTX Plans to Launch Support for Trading Tokenized Nasdaq Stocks

On Thursday (October 29), spot and derivatives exchange FTX confirmed that it plans to launch next week a way to trade the tokenized form of select U.S. stocks against cryptoassets (including Bitcoin and certain stablecoins). Tokenization means that it will be possible to buy fractions of popular U.S. stoocks such as Amazon (AMZN) and Apple […]

Coinbase Launches Visa Debit in the U.S. That Offers Up to 4% in Crypto Rewards

On Wednesday (October 28), crypto exchange Coinbase announced the launch of Coinbase Card (its crypto debit card) in the U.S. Coinbase first introduced Coinbase Card — a new Visa debit card that allows Coinbase customers to easily spend any of the crypto balances in their Coinbase account for paying for goods/services anywhere that Visa is […]

Winklevoss Twins’ Crypto Exchange ‘Gemini’ Now Supports the Euro (EUR)

On Wednesday (October 28), crypto exchange Gemini announced support for the Euro (EUR). The Winklevoss twins—Tyler and Cameron Winklevoss—are the co-founders of Gemini Trust Company, LLC (which operates the Gemini digital asset exchange) as well as family office Winklevoss Capital Management, LLC. In a blog post published yesterday, Team Gemini said that the exchange now supports the Euro for […]

Ethereum DEX Volumes Plummet Following Drop in DeFi Incentives

Decentralized exchange (DEX) volume on ethereum’s network has plummeted over the last month, coinciding with a decline in incentives for DeFi products.

Crypto Exchange DragonEx Weighs Shutdown Amid Ongoing ‘Crisis of Trust’

Singapore-based cryptocurrency exchange DragonEx has revealed it’s weighing shutting down its operations amid an ongoing “crisis of trust” the centralized exchange is facing over OKEx’s recent withdrawal freeze. According to an official announcement, DragonEx froze deposits and withdrawals after the recent OKEx withdrawal freeze created the trust crisis, which saw exchange users start withdrawing their […]

Bitstamp Adds Crime Insurance Policy for Crypto Assets Held on Exchange

Cryptocurrency exchange Bitstamp has announced a new crime insurance policy to cover digital assets held on the platform.

Binance Jersey Shutting Down Operations… Due to Disappointing Trading Volumes?

Binance’s fiat-to-crypto exchange in Europe, Binance Jersey, is reportedly set to shut down later this year as trading volumes on the platform failed to pick up steam over time. The cryptocurrency trading platform was launched to tap into the European markets in early 2019, supporting trading pairs between bitcoin (BTC) and ether (ETH) against the […]

A Simple User’s Guide to Bitcoin ATMs

There are now more than 10,000 Bitcoin ATMs, aka BTMs, in the world — more than three-quarters of which are installed in the United States. The first Bitcoin ATM was installed in 2013. That’s seven years between the first Bitcoin ATM installation and the ten-thousandth, compared with the nine years it took banks to do […]

Coinbase Custody Considering Adding Support for Several More Cryptoassets

Coinbase Custody announced on Friday (October 16) that “over the coming months,” it plans to “support more assets.” Coinbase Custody, which was launched in 2018, “offers clients access to the secure, institutional-grade offline storage solution that has been used by Coinbase’s exchange business since 2012,” and it is “an independent, NYDFS-regulated entity built on Coinbase’s […]

OKEx Says Addresses Sending $960 Million in Bitcoin to Binance Are Not Theirs

A total of 8,500 BTC were flagged as being moved from crypto exchange OKEx to Binance over two transactions, with the first one being of 5,000 BTC ($56.5 million) and the second one being of 3,500 BTC ($39.6 million). The transactions were spotted by large transaction monitor Whale Alert, which flagged them on social media […]

$2.2 Billion Worth of Bitcoin Held in OKEx Wallets, Data Shows

Data shows that the prominent cryptocurrency exchange that halted withdrawals indefinitely over one of its private key holders being “out of touch” with the firm while “cooperating with a public security bureau in investigations,” has over 200,000 BTC, worth over $2.2 billion, in its wallets. Data from Glassnode seems to show that 1.1% of BTC’s […]

OKEx Suspends Withdrawals as Key Holder Cooperates With an Investigation

Popular cryptocurrency exchanges OKEx has suspended all cryptocurrency withdrawals indefinitely, as one of the trading platform’s private key holders has “been out of touch” with the exchange because they are “cooperating with a public security bureau in investigations.” Most top cryptocurrencies saw their price drop on the news, with bitcoin dropping over 3% in 230 […]

Jack Dorsey Likes Coinbase’s Plan to Sponsor ‘At Least’ Two Bitcoin Core Developers

Crypto exchange Coinbase has announced that, as part of its Crypto Community Fund, it “plans to sponsor at least two Bitcoin developers, who contribute directly to the Bitcoin Core codebase or closely associated Bitcoin projects.” According to Coinbase’s blog post, its Crypto Community Fund “aims to grow and improve the entire crypto industry, while making […]

$11 Billion Worth of Bitcoin Are Stored on Coinbase’s Cold Wallets

San Francisco-based cryptocurrency exchange Coinbase reportedly holds about 994,904 bitcoin in its cold wallets, which at current prices means the exchange has over $11 billion in cold storage. According to data from bitcoin analytics platform ChainInfo, first reported on by Decrypt, the cryptocurrency exchange has the funds stored across over 4 million BTC addresses. The […]

Coinbase User Transfers $463 Million in Bitcoin Leading to Speculation of Institutional Investment

A Coinbase user transferred more than $463 million in bitcoin across four transactions, triggering speculation that more high-net-worth institutions are entering the industry of cryptocurrency.

Binance Helps Crypto Investor Recover $30,000 From Exit Scam

Popular cryptocurrency exchange Binance has helped a cryptocurrency investor recover 200,000 yuan (about $30,000) that were lost after the user fell victim to an exit scam posing as a yield farming project. According to the exchange, the cryptocurrency investors identified the liquidity mining project and after a few days of doing some research, he concluded […]

CFTC Commissioner Dan Berkovitz Talks Crypto Regulations, BitMEX Complaint

CFTC Commissioner Dan Berkovitz explained his background working with private clients interested in digital currencies and provided a take on the BitMEX complaint.

You Can Now Buy Crypto From Within the Coinbase Wallet Mobile App

On Monday (October 12), crypto exchange Coinbase announced that its non-custodial crypto wallet app can now be used not just for holding digital assets but buying them as well directly from within the app. In a blog post published yesterday, Group Product Manager Sid Coelho-Prabhu explained the motivation for this new feature: “Wallet allows users […]

CME Bitcoin Options Contract Volumes Surged 79% in September: Report

A total of 4,872 bitcoin options contracts were traded on the Chicago Mercantile Exchange (CME) in September of this year, up from 2,717 in August, according to CryptoCompare’s September 2020 Exchange Review. The 79.3% increase came in a month in which the price of the flagship cryptocurrency didn’t move to break its current range between […]

CryptoCompare: Top-Tier Exchanges Set 2020 Daily Trading Volume Record in September

Top-tier cryptocurrency exchanges set a daily volume high for 2020 on September 3, according to the latest edition of CryptoCompare’s exchange review guide.

EOSFinex Launches Beta Version on EOS Mainnet

Decentralized cryptocurrency platform EOSFinex has announced the launch of its beta version on EOS mainnet, allowing users direct access to Bitfinex liquidity.

Coinbase CEO Says Only Around 5% of Employees Have Decided to Leave in Protest

Coinbase CEO Brian Armstrong’s somewhat controversial decision to create an apolitical workplace has resulted in around 60 employees (5% of its workforce) choosing to accept the severance/exit package and leaving the firm. As Axios reported on October 1, it all started in June when “a group of Coinbase employees walked out after CEO Brian Armstrong […]

Binance Was the Largest Crypto Derivatives Exchange in September: CryptoCompare Report

Binance was the largest cryptocurrency derivatives trading platform in September by trading volume, seeing traders move $164.8 billion last month, according to CryptoCompare’s September 2020 Exchange Review. Binance’s figure was down 10.7% when compared to August, but other top derivatives trading platforms were seemingly worst off. Huobi came in second, trading $156.3 billion, 25.8% less […]

SBI Acquires Japanese Exchange TaoTao After Negotiations with Binance Fell Through

SBI Group has acquired the Japanese cryptocurrency exchange TaoTao for an undisclosed amount after the latter concluded negotiations on Monday.

MVIS CryptoCompare Institutional-Grade Tools Licensed to Bitpanda

MVIS and CryptoCompare have licensed their institutional-grade indices to cryptocurrency exchange Bitpanda for use in their first regulated product.

Billionaire Bitcoin Advocate Tim Draper Invests in India’s Oldest Crypto Exchange

Unocoin Technologies Private Limited (“Unocoin”), the owner/operator of Unocoin, India’s first crypto exchange, is close to finalising its Series A funding round, which is currently led by Tim Draper’s early-stage venture capital firm Draper Associates. Bengaluru-based Unocoin, which was founded in July 2013, has over 1.2 million users. Investors from earlier rounds (that have raised […]

Zilliqa (ZIL) to Enter DeFi Space With Zilswap, a DEX Built by Cross-Chain Platform Switcheo

Zilliqa (ZIL), a high-throughput blockchain platform designed to scale almost linearly as the number of nodes scales, is set to enter the decentralized finance (DeFi) space with a decentralized exchange built by Switcheo. Switcheo, it’s worth noting, is a cross-chain decentralized exchange first launched on the NEO blockchain, that then added atomic swaps and started […]

2020 Not a Good Year for Crypto Exchanges as 75 Already Shut Down This Year

A total of 75 cryptocurrency exchanges have already shut down so far this year by either voluntarily shutting down, getting hacked, being shut down by a government, or simply disappearing from the web. According to Cryptowisser’s Crypto Exchange Graveyard, the figure is p 56% from last year and is showing no signs of letting up. […]

UK Markets Watchdog Bans Sale of Crypto Derivatives and ETNs to Retail Investors

The UK’s markets watchdog, the Financial Conduct Authority (FCA) has banned the sale of cryptocurrency derivatives and exchange-traded notes (ETNs) to retail investors. In an announcement, the FCA reveals it considers crypto derivatives and ETNs to be “ill-suited for retail consumers due to the harm they pose.” The regulator added that these products “cannot be […]

Ethereum Transaction Fees Plummet as Network Congestion Eases

Ethereum transactions have fallen 85 percent over the last three weeks as users move towards centralized exchanges for DeFi access.

KuCoin Has Identified The People Behind the September 26 Security Breach

On Saturday (October 3), Johnny Lyu, Co-Founder and CEO of Singapore-based crypto exchange KuCoin Global, provided an interesting update on the September 26th security incident that resulted in the loss of around $280 million in cryptoassets. Around 02:51 UTC+8 on September 26 (or 18:51 UTC on September 25) to be more specific, KuCoin, which had […]

DeFi Users Lock $67 Million in Yield Farming Project APY.Finance in One Hour

Decentralized finance (DeFi) investors have locked in over $67 million worth of stablecoins in a new yield farming project called APY.Finance within one hour of its launch. APY.Finance uses smart contracts to help uses generate as much interest as possible from liquidity provided to various other DeFi platforms using DAI, USDC, and USDT. Users are […]

Coinbase Now Offers Instant Withdrawals in Almost 40 Countries

Crypto exchange Coinbase has announced that it is now offering “instant withdrawals” in almost 40 countries (including the US, the UK, and member countries of the European Union). In a blog post published yesterday, product manager Eddie Lo, said that although crypto transfer are usually very quick, when customers of centralized exchanges wish to sell […]

BitMEX Traders Withdrew Over $330 Million in Bitcoin After CFTC’s Announcement

Traders have withdrawn over 32,200 bitcoin, worth over 4330 million, from the cryptocurrency derivatives trading platform BitMEX after the U.S Commodity Futures Trading Commission (CFTC) announced that it had brought charges against “five entities and three individuals” that own and operate it. According to data provider Glassnode, in a single hour around 13% of BitMEX’s […]

Veteran Crypto Investor: CFTC and DOJ’s Actions Against BitMEX Are Bad For DeFi

On Thursday (October 1), crypto investor Adam Cochran, explained why the actions of the U.S. Commodity Futures Trading Commission (CFTC) and the U.S. Department of Justice against BitMEX are are bad news for decentralized finance (DeFi). On Thursday (October 1), the CFTC announced that it had brought charges against “five entities and three individuals” that own […]

Crypto Exchange OKEx Holds Voting Event on Listing of NFT Projects

Popular cryptocurrency exchange OKEx has announced it’s hosting a voting event for its community to decide on two non-fungible token (NFT) projects that are set to be listed on the trading platform. According to an announcement, users can vote by depositing tokens into their OKEx accounts or generating wallet addresses up until October 8, to […]

Social Trading Platform eToro Now Offers Staking Support for Cardano (ADA) and TRON (TRX)

Social trading platform eToro announced on Thursday (October 1) that its users could now earn a monthly passive income in the form of staking rewards simply by keeping their ADA and TRX holdings on eToro; the “first wave” of staking rewards will be distributed in November. The rewards are more of the tokens being “staked,” […]

Institutional Investors Are Betting on Bitcoin’s Long-Term Performance: Report

Institutional investors are reportedly betting on bitcoin’s long-term performance, and shifting towards physically-delivered futures over cash-settled ones. According to a report published by derivatives trading platform, ZUBR, first spotted by Decrypt, open interest on the Chicago Mercantile Exchange (CME) and other regulated exchanges has “remained consistently higher in comparison to their traded volumes,” indicating institutional […]

You Can Now Earn Passive Income From Your Cosmos (ATOM) Holdings on Coinbase

Crypto exchange Coinbase has announced that it now offers staking support for a second Proof-of-Stake (PoS) blockchain. On 6 November 2019, Coinbase announced staking support for PoS blockchain Tezos (XTZ). The idea was that eligible U.S. customers would be able to earn around 5% APY from staking rewards simply by keeping their XTZ holdings on […]

Waves Exchange Launches ‘Decentralized Forex’ Market Using Stablecoins

Cryptocurrency exchange Waves Exchange has announced the launch of a ‘decentralized forex’ market within its platform powered by stablecoins pegged to various fiat currencies. According to a press release shared with CryptoGlobe, Waves Exchange will initially support seven stablecoins pegged to the value of fiat currencies: USDN, EURN, JPYN, CNYN, RUBN, UAHN and NGNN. The […]

KuCoin Hacker Starts Moving Millions in ERC-20 Tokens, XRP to Cash Out

The hacker who stole hundreds of millions of dollars’ worth of cryptassets form Singapore-based crypto exchange KuCoin have started moving millions in ERC-20 tokens and XRP to cash out using various methods. Data from the Ethereum blockchain, spotted by Whale Alert, shows that the hacker, who managed to steal an estimated over $200 million from […]

Binance Announces Decentralized Stablecoin Marketplace Venus

Cryptocurrency exchange Binance has announced the launch of new DeFi stablecoin platform Venus utilizing the Smart Chain network.

Head of Crypto at Visa Explains How Automated Market Makers Such As Uniswap Work

On Sunday (September 27), Cuy Sheffield, a Senior Director at Visa and the head of its crypto division, explained in layman terms how decentralized automated market makers (AMMs)―such as Uniswap, Balancer, and Curve―work. On August 6, the research arm of Asia-based crypto exchange Multi published a blog post that explained what AMMs are in the […]