Tag: Exchange

Coinbase to Offer Faster Transactions on Derivatives Exchange Through Partnership With Infrastructure Provider TNS

“Crypto has witnessed both volatile and liquid markets, and with institutional adoption remaining strong, we believe the time is right for the offering that TNS brings to the table,” CDE’s CEO Boris Ilyevsky said. “Dedicated cloud infrastructure connectivity coupled with our derivatives exchange represents a mission-critical step toward supporting and maintaining a vibrant and reliable crypto derivatives market.” Source

Justin Sun Refutes Claims of Huobi Exchange Stake Sell

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The rumours that crypto mogul and Tron founder Justin Sun is thinking about selling his stake in the major cryptocurrency exchange Huobi have been refuted. As much as I love a good April Fool’s Day prank, I must deny the report that @HuobiGlobal is seeking a stake buyer. Rest assured, Huobi is committed to providing our users with a safe, reliable, and innovative platform for trading and investing in cryptocurrency. ❤️ — H.E. Justin Sun 孙宇晨 (@justinsuntron) April 1, 2023 The information was revealed following a Bloomberg story that, according…

IG Group Acquires Small Exchange from Crypto.com’s Parent

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IG Group, a London-headquartered spread betting and CFD trading provider, has entered into an agreement to acquire futures exchange, Small Exchange, from Foris DAX Markets, the parent company of Crypto.com. The deal comes a year after the holding group completed the sale of its 39% stake in the Chicago-based exchange. In December 2021, IG Group agreed to sell its subsidiary North American Derivatives Exchange (NADEX) as well as Small Exchange, noting that the deal “delivers a significant return” on the previous investments made in these entities and “enables additional investment…

KuCoin Wallet spins off from KuCoin exchange, renames as Halo Wallet

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Decentralized wallet KuCoin Wallet announced on Apr. 3 that it has rebranded as Halo Wallet and launched a new SocialFi ecosystem. According to the announcement, the newly independent Halo Wallet received a fresh round of financing from several investors, including KuCoin Ventures, IDG, HashKey Capital, and other Web3 strategic partners.  1/ We’re thrilled to announce that #KuCoinWallet has officially rebranded to Halo Wallet! With a brand new name, new logo, new UI, new roadmap,  #HaloWallet is ready to innovate the next stage of #Web3 social #crypto wallet! Learn more⬇️https://t.co/GoYVvKdYoi — Halo…

OKX Crypto Exchange and Manchester City’s Rúben Dias Launches OKX Collective Dubbed ‘Train Like Dias’

According to Haider Rafique, Global Chief Marketing Officer at OKX, the launch of Train Like Dias is a true testament that Web3 can revolutionize anything without limits. The OKX cryptocurrency exchange, a Seychelles-registered crypto firm that ranks second in daily traded volume, in partnership with Rúben Dias, a Portuguese professional footballer who plays for Premier League club Manchester City, has announced the launch of an immersive metaverse fan experience dubbed Train Like Dias. The Train Like Dias OKX collective will allow football fans to closely interact with Dias and experience…

Messi-Endorsed Crypto Exchange Bitget Has Been Flagged by Japan

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Japan’s Financial Services Agency (FSA) has warned against four foreign cryptocurrency exchanges supposedly operating in the country without local registration. These exchanges are Bybit, BitForex, MEXC Global, and Bitget. According to the FSA notice issued last Friday, all four named cryptocurrency exchanges are in violation of the country’s fund settlement laws as they conducted “crypto asset exchange business without registration.” The regulatory warning further highlighted that having a list of unregistered traders “does not necessarily indicate the current state of unregistered business.” Bybit is a big name when it comes…

German Stock Exchange Boerse Stuttgart to Provide Crypto Custody Through Licensed Subsidiary – Exchanges Bitcoin News

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Blocknox, a subsidiary of one of Europe’s largest stock exchanges, Boerse Stuttgart, has been licensed to operate as a crypto custodian in Germany. The authorization will allow the company to offer custody services for digital assets to institutional investors across the Old Continent. Boerse Stuttgart Subsidiary Blocknox to Offer Crypto Custody Services Under Bafin License Germany’s second-largest stock exchange and one of the largest in Europe, Boerse Stuttgart, will be able to provide European banks, brokers, asset managers, and family offices with both trading and custody solutions for their crypto…

Crypto Exchange Bittrex in the Process of Winding Down US Operations Amid Regulatory and Economic Uncertainty

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Seattle-based crypto exchange Bittrex will soon stop serving US customers as federal regulators clamp down on the digital asset industry. Bittrex co-founder Richie Lai says the company has made the decision to shut its doors in the US as the crypto exchange believes it is no longer feasible to continue operating in the country given the current regulatory conditions. “Today is a bittersweet day. This month we turned nine years old; and while I am excited and proud that we’ve come this far, I am also very sad. Today, Bittrex…

Crypto Exchange Bittrex Shuts Down US Operations Due to Regulatory Uncertainty – Regulation Bitcoin News

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Cryptocurrency exchange Bittrex is shutting down its U.S. operations due to “continued regulatory uncertainty” as U.S. regulators increase their enforcement efforts against cryptocurrency trading platforms. Regulatory requirements currently “are often unclear and enforced without appropriate discussion or input, resulting in an uneven competitive landscape,” Bittrex described. Bittrex Exiting U.S. Crypto Market Cryptocurrency exchange Bittrex announced the shutdown of its U.S. operations on Friday. The exchange tweeted: Due to continued regulatory uncertainty, we have made the difficult decision to wind down our U.S. operations, effective April 30, 2023. “All funds are…

Jim Cramer Advises Against Using Binance — Says Crypto Exchange Is ‘Way Too Sketchy’ – Regulation Bitcoin News

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The host of Mad Money, Jim Cramer, has warned investors about using cryptocurrency exchange Binance, stating that the crypto trading platform is “way too sketchy.” Cramer cited former regulator Timothy Massad, who previously served as chairman of the U.S. Commodity Futures Trading Commission (CFTC). The regulatory agency recently took action against Binance and its CEO, Changpeng Zhao (CZ). Jim Cramer Warns About Binance The host of CNBC’s Mad Money show, Jim Cramer, cautioned investors about using cryptocurrency exchange Binance on Friday. Cramer is a former hedge fund manager who co-founded…