Tag: Exchange

Former Director of Listing of Crypto Exchange Coinone Acknowledges South Korea Bribery Charges: Report

“Mr Jeon,” Coinone’s former director of listing, was accused of receiving nearly 2 billion won ($1.51 million) in return for listing virtual assets such as “Furiever Coin,” which was listed exclusively on the exchange, and has since been linked to a kidnapping and murder investigation in the Gangnam district in Seoul. Jeon’s broker, known as “Mr Ko,” is accused of facilitating the listings. Source

Winklevoss Twins Shift Crypto Exchange Gemini to Dublin

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Earlier in the week, it seemed that the Winklevoss brothers’ crypto exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as…

FTX CEO Considering Reboot of Disgraced Crypto Exchange, According to a New Court Filing

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Newly filed court documents suggest FTX CEO John J. Ray III is considering restarting the bankrupt exchange’s operations. In April, Ray appeared to take part in multiple activities centered on an FTX reboot, according to a monthly compensation report filed with the U.S. Bankruptcy Court for the District of Delaware. Those activities include descriptions like “Review 2.0 next steps summary from PWP (purchase with purchase),” “Review next steps and comment on FTX restart,” “Review and finalize 2.0 reboot of exchange material for distribution,” and “Review and comment on 2.0 bidder…

Ripple Acquires Undisclosed Stake in Crypto Exchange Bitstamp

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San Francisco-based blockchain company Ripple has taken an undisclosed minority stake in cryptocurrency exchange Bitstamp in the first quarter of this year, according to the latest transcript of Galaxy Digital’s shareholder conference call. Ripple acquired the stakes from Pantera Capital, a US-based digital asset investment firm, and Galaxy Digital advised on the deal. “On the back of a record year for our investment banking team, we advised Pantera, a leading blockchain asset management firm on the sale of its stake in European digital asset exchange Bitstamp to Ripple Labs in…

Ripple Strengthens Its European Presence with Acquisition of Pantera’s State at Bitstamp Crypto Exchange in Q1

XRP price gained more than 34% YTD to trade around $0.45 as Ripple widens its portfolio in Europe. Following a string of hostile crypto regulatory frameworks in the United States and the lack of goodwill from the Securities and Exchange Commission (SEC) to stop enforcement actions, digital assets firms have opted to diversify through Europe or other friendly markets. Already, several centralized exchanges – including Gemini Trust Company LLC and Coinbase Global Inc (NASDAQ: COIN) – have shifted focus to seeking regulatory approvals in crypto-friendly markets like the European Union.…

TP ICAP’s Institutional Crypto Exchange Finally Goes Live for Spot Trading

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Fusion Digital Assets, TP ICAP’s crypto spot exchange for institutional investors initially targeted for mid-2021 launch, has finally gone live. The platform has successfully completed its first Bitcoin/US dollar trading pair transaction, the top interdealer broker said on Wednesday, noting that the trade was settled by one of its partners, Fidelity Digital Assets. The launch of the enterprise-grade trading venue comes six months after TP ICAP secured a UK license to operate the exchange. However, the financial market infrastructure and data solutions provider has been offering crypto derivatives services since…

0x Labs Releases new Decentralized Exchange Version to Improve Trading Experience

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“In a world where there are billions of tokens, there are dozens of different blockchain networks and there are hundreds of different decentralized exchanges scattered across them, figuring out where to go, in order to buy or sell a token and get the best price gets more and more complicated,” added Warren. Aggregation and providing a multichain product like Matcha is “going to become more and more valuable for users over time.” Source

Crypto exchange Bitfinex Expands Latin American Presence With Investment in Chile’s OnionX

“We’re excited to collaborate with Orionx as we look to expand our presence in Chile and across Latin America,” Paolo Ardoino, CTO at Bitfinex, said in a statement. “This represents a major step forward in our efforts to harness the power of Bitcoin and decentralized technology to promote financial freedom and empower businesses that share our values,” he added. Source