Category: Exchanges

Crypto Exchange Upbit Triggers Explosive Rally for Wallet-Focused Altcoin After Adding Support

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The South Korean crypto exchange Upbit has announced a new listing for a wallet-focused altcoin, triggering explosive price action. According to a new announcement, Upbit is supporting Wallet Connect (WCT) for trading over the Optimism (OP) network on its platform starting Wednesday. The project, launched in 2018, is a Web3 communications open-source protocol that aims to connect crypto wallets to decentralized applications (DApps) through encrypted connections using QR code scanning and deep linking. “Traditionally, connecting wallets to apps on the blockchain required complex steps, which often discouraged new users and…

Bitcoin Price Falls Below $80,000, Dragging Down Top 10 Crypto Exchanges Volumes in March 2025

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Cryptocurrency exchange trading volumes decreased by 15% in March 2025 compared to the previous month, marking the third consecutive monthly decline in trading activity across major platforms. The declines coincided with Bitcoin’s weakening performance. Although its price contracted by only 2% last month, it briefly fell to $75,000 — the lowest level since November. According to data from Finance Magnates Intelligence and The Block, total trading volume across the top ten cryptocurrency exchanges fell to $1.13 trillion in March from $1.33 trillion in Februaryc, reflecting cooling market sentiment after the…

Bitcoin US vs. offshore exchange ratio flashes bullish signal, hinting at BTC price highs in 2025

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US-based crypto trading platforms regaining influence over Bitcoin’s (BTC) token transfer volumes could possibly kick-start a rally in the second half of 2025. Bitcoin researcher Axel Adler Jr pointed out that the “US vs. off-shore ratio,” which measures token transfer volumes between US-regulated and offshore exchanges, indicated a drop in dominance from US exchanges after BTC reached an all-time high in January. Bitcoin total transferred ratio chart (US vs off-shore). Source: X.com As illustrated in the chart, a trend reversal is underway, which implies BTC transfer volumes on US exchanges…

Apple Delists 14 Crypto Apps in South Korea Including KuCoin and MEXC Exchanges Amid Regulatory Crackdown

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Apple has delisted 14 crypto apps in South Korea at the request of one of the country’s regulators. South Korea’s Financial Intelligence Unit (FIU), an anti-money laundering agency, issued the requests. The regulator claims the banned apps involved foreign virtual asset operators conducting “unreported business activities.” Apple’s list of blocked apps includes the crypto exchange giants KuCoin and MEXC. Last month, Google Play delisted both of those exchanges and 15 other crypto operators at the FIU’s request. The regulatory crackdown materializes as crypto adoption swells across South Korea. The Seoul-based…

London Exchange Names S&P and IBM Veterans to Co-Lead Data Division

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This Dutch Exchange Debuts First EU-Regulated Crypto Perpetuals, Targets Retail Traders Next

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One Trading has introduced the European Union’s first MiFID II-regulated trading venue for crypto perpetual futures, initially for institutional investors with plans to extend access to eligible retail clients in the coming weeks. One Trading Launches First EU-Regulated Crypto Perpetual Futures Platform The Amsterdam-based firm’s platform, operating under an Organized Trading Facility (OTF) license from the Dutch Authority for Financial Markets (AFM), offers BTC/EUR and ETH/EUR perpetual futures trading pairs, marking the first regulated cash-settled perpetual futures platform in Europe. “The launch of our perpetual futures platform is a major…

OKX Legally Launches US Crypto Exchange Only 2 Months After $505M Settlement

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Seychelles-based OKX has legally launched a centralised crypto exchange in the United States, less than two months after settling with the Justice Department by paying $504 million for previously operating in the country without authorisation. It has now set up a regional headquarters in San Jose, California. A New US CEO The exchange also appointed Roshan Robert as CEO of its US operations. Robert was a Director at Barclays for around eight years and later became a Partner and Group COO and CCO at crypto prime broker Hidden Road, where…

Kripton Selects TRON and Tether to Drive Cryptocurrency Adoption and Financial Inclusion in Argentina

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This content is provided by a sponsor. PRESS RELEASE. Buenos Aires, Argentina – April 15, 2025 – Kripton, a leading e-commerce platform in Argentina, announced today a comprehensive strategic alliance with TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps). Together, they will launch […] Source

AWS Network Outage Disrupts Major Cryptocurrency Exchanges – SuperCryptoNews

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Several prominent cryptocurrency exchanges, including Binance, KuCoin, and MEXC, reported service disruptions earlier today due to a significant network interruption affecting Amazon Web Services (AWS). The outage at an AWS data center caused “connectivity issues” impacting at least a dozen of the cloud provider’s services, highlighting the reliance of major crypto platforms on centralized infrastructure.Binance was among the first to acknowledge the issue, stating in a social media post that users were experiencing failures with some orders due to a “temporary network interruption in the AWS data center.” While some…