Crypto exchange Bitbank is gearing up for an initial public offering on the Tokyo Stock Exchange, becoming the second Japanese crypto exchange to seek regulatory approval to go public. Bitbank Inc., a Japanese crypto trading platform, is seeking to go public as part of its strategy to expand its market presence and capitalize on the growing interest in digital assets in Japan. According to a regulatory filing published today, July 31, the trading firm wants to go public on the Tokyo Stock Exchange, although the timing and specifics of the…
Tag: Exchange
Global Crypto Exchange Coinbase (COIN) Concerned About ‘Ongoing Regulation by Enforcement’ in Australia
“We’ve been quite vocal with our concerns about ASIC potentially just continuing to make enforcements”, during the “four or five roundtables” in recent weeks, O’Loghlen said, even though he complimented a new ASIC team for “very much reaching out to all industry players” … “proactively” having “a coffee conversation with 50 or so groups.” Source
Sony Ventures into Crypto Exchange Market
In a surprising move, Sony Group (NYSE:SONY) has announced its entry into the cryptocurrency trading business. Known for its dominance in electronics, gaming consoles, movies, and music, Sony’s pivot to cryptocurrency trading raises questions about the motivations behind this strategic shift and its potential impact on the broader crypto sector. Revamping Whalefin Exchange Sony plans to overhaul the “Whalefin” exchange acquired through its subsidiary S.BLOX, formerly Amber Group. This update will include a redesigned dashboard, a new app, and an expanded roster of crypto assets. The key question remains whether…
Central Bank of Brazil Aims to Finalize Crypto Exchange Regulation by Early 2025
According to Nagel Paulino, head of the Central Bank’s regulatory department, the Central Bank of Brazil hopes to finalize cryptocurrency market regulations by 2025. The institution will conduct a second public consultation to finalize the drafts, hearing the opinions of market participants in order to tailor these rules to local needs. Central Bank of Brazil […] Source
Decentralized Exchange dYdX Suffers Security Breach Amid Talks To Sell Trading Software: Report
The developer of the decentralized finance (DeFi) exchange dYdX is reportedly negotiating the sale of its derivatives trading software for an undisclosed amount. Citing anonymous sources, Bloomberg reports that dYdX Trading is in talks to sell dYdX v3 software to potential buyers, which include the algorithmic crypto trading company Wintermute Trading and the venture capital firm Selini Capital. The exchange enables peer-to-peer trading of perpetual futures contracts on crypto assets such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and Dogecoin (DOGE). The older, semi-decentralized version of the trading platform uses…
ZK Proofs Arrive on Bitcoin, Roxom Launches Bitcoin-Based Stock, Commodities and Futures Exchange
July 25: BitcoinOS, a network of Bitcoin-based rollup chains, has verified the first-ever zero-knowledge (ZK) proof on Bitcoin’s mainchain. ZK cryptography is looked to as a key technology for scaling blockchain throughput and usefulness, but the tech is complicated and computationally intense – meaning it was unclear if or when it would make its way to the comparatively bare-bones Bitcoin network. According to the BitcoinOS team, “This is the first permissionless upgrade of the Bitcoin system and the first time Bitcoin has been upgraded without a soft fork.” Bitcoin can…
Under-the-Radar Crypto Exchange Challenging Coinbase’s Dominance in US, According to Kaiko Research
Coinbase’s market leadership in the US is under threat, according to crypto market data analytics firm Kaiko Research. In a new report, Kaiko Research says that the US crypto exchange landscape has undergone a “shift” with a relatively new entrant Bullish managing to garner increased market share to the point of gaining an advantage over Coinbase on some digital assets. “When it comes to Bitcoin (BTC) and Ethereum (ETH) trading Bullish now has comparable trade volumes to Coinbase. The relatively newer exchange has even eclipsed Coinbase BTC and ETH volumes…
Decentralized Exchange D8X to Bring Tool for Trading Polymarket Contracts With Leverage
Sauter explained that with D8X, the maximum leverage available depends on the state of the market. This approach, he said, prevents destabilization by ensuring that leverage limits are in line with current market dynamics, thereby maintaining stability and preventing any single trader from disproportionately affecting liquidity. Source
Crypto Exchange Bybit Targets Institutional Traders with 2 New Features
Tom Higgins | Gold-i Tom Higgins | Gold-i Tom Higgins | Gold-i Tom Higgins | Gold-i Tom Higgins | Gold-i Tom Higgins | Gold-i In this interview, Tom Higgins, CEO of Gold-i, discusses the convergence of crypto and FX liquidity. He explains the challenges of accessing crypto liquidity and how different execution methods, such as iceberg orders, help manage large transactions. Tom addresses the impact of AI in trading, emphasizing its use in sentiment analysis and trading pattern recognition. He also talks about the significance of Bitcoin ETFs in boosting…
Indian Crypto Exchange WazirX Increases Bounty for White Hat Hackers to $23,000,000
India-based crypto exchange WazirX is increasing a reward offer in hopes of recovering the $230 million that hackers stole from the platform. In a new announcement, WazirX says they are increasing the reward to 10% of the stolen funds, or $23 million. “We invite white hat hackers, blockchain forensics experts and cybersecurity professionals from around the world to join this critical mission and protect the integrity of the crypto ecosystem. For more details on how you can assist in the recovery, please visit our updated blog post.” White hat is…