Tag: Exchange

Crypto Exchange Gate.HK Ceases Operations — Urges Users to Withdraw Assets

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Gate.HK, the Hong Kong arm of cryptocurrency exchange Gate.io, is undergoing a significant platform overhaul to enhance security and compliance, withdrawing its applications for licensing under Hong Kong’s Securities and Futures Ordinance (SFO) and the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO). Effective immediately, new user registrations and asset deposits are suspended. All tokens will […] Source

Crypto Exchange OKX Withdraws Hong Kong License Application

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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Hong Kong’s crypto exchange HashKey announces support for Solana

The international arm of Hong Kong’s HashKey crypto exchange has added SOL to its basket of supported assets. International crypto exchange HashKey Global, launched by HashKey Group, is expanding its list of supported assets by adding Solana (SOL) in a bid to attract more customers around the globe. In the latest press release, the exchange said it will launch spot trading for the SOL/USDT pair on May 24 at 10:00 (UTC). The latest addition expands the list of supported assets on HashKey like Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE)…

London Stock Exchange to list physically-backed Bitcoin, Ethereum ETPs

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An international exchange-traded fund provider WisdomTree has become among the first issuers to have its crypto ETPs listed on LSE. WisdomTree, an international exchange-traded fund (ETF) and exchange-traded product (ETP) provider, has achieved approval from the British Financial Conduct Authority to list its physically-backed Bitcoin and Ethereum ETPs on the London Stock Exchange (LSE), marking a pivotal moment for the industry and U.K.-based professional investors. In a blog announcement on May 22, Alexis Marinof, head of Europe at WisdomTree, emphasized the importance of this development, calling the approval a “significant…

WisdomTree Pioneers UK's First Crypto ETPs: Bitcoin and Ethereum Hit London Stock Exchange

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As cryptocurrency enthusiasts eagerly await the approval of a physically-backed Ethereum (ETH) exchange-traded fund (ETF) in the US, London has also seen a groundbreaking development. The UK’s Financial Conduct Authority (FCA) has approved two crypto exchange-traded products (ETPs) by WisdomTree, which are soon to debut on the London Stock Exchange (LSE). WisdomTree Becomes First Crypto ETPs Issuer in The UK WisdomTree, a global issuer of exchange-traded products and funds with nearly $112 billion under management, announced on Wednesday that it received FCA approval to launch two new instruments on the…

Crypto Exchange Binance Discloses Investment in L2 DEX Protocol Aevo

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The venture capital arm of the world’s largest crypto exchange by trading volume is announcing a new investment in a decentralized exchange (DEX) protocol. According to a new press release, Binance Labs has invested in a layer-2 (L2) DEX called Aevo, a rebrand of Ribbon Finance. Aevo bills itself as a high-performance derivatives DEX platform tailored for futures and perpetual contracts trading. The decentralized finance (DeFi) protocol is built on top of the Ethereum (ETH) layer-2 protocol Optimism’s (OP) OP Stack. It acts as an off-chain order book, with orders settled on-chain on…

Jupiter Exchange launches Giant Unified Market initiative

Jupiter Exchange launched the Giant Unified Market (GUM) initiative to combine different types of investments into one market on the Solana blockchain. The GUM Alliance aims to bring together investments like meme coins, real-world assets, stocks, and forex into a single market, making trading between them easier and more direct. The alliance, comprised of leading teams in asset handling, liquidity, and distribution, plans to add more types of investments to Solana (SOL), ensuring the markets have enough cash flow to operate smoothly and integrating the markets into Jupiter’s platform to…

Coinbase Whale Begins Accumulating Dogecoin (DOGE) Rival From Crypto Exchange: On-Chain Data

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A deep-pocketed investor is suddenly accumulating massive amounts of a Dogecoin (DOGE) rival from top US crypto exchange Coinbase, on-chain data shows. Digital asset tracker Lookonchain notices a crypto whale spent 606,00 USDC to buy nearly 228,000 dogwifhat (WIF) memecoins. “A whale is buying WIF! The whale created a new wallet and withdrew 1.83 million USDC from Coinbase to buy WIF. So far, he has spent 606,000 USDC to buy 227,896 WIF at $2.66, with 1.22 million USDC left. The purchase is in progress [on May 20th].” WIF is trading…

From TV Host to Crypto Exchange CEO: Gracy Chen at the Helm of Bitget

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Gracy Chen, a seasoned entrepreneur with a decade of experience in business management, marketing, and investment, has been appointed as the new Chief Executive Officer (CEO) of the crypto exchange Bitget. She will succeed Sandra Lou, who is stepping down to pursue personal business goals. Gracy Chen Takes the Helm as Bitget’s New CEO Gracy Chen’s involvement in the blockchain and cryptocurrency industry began in 2014 during her tenure as a TV host. Interactions with knowledgeable guests like Tim Draper piqued her interest in this emerging field. This interest led…