Tag: Exchange

Exegy’s Metro Adds Deribit Crypto Options Exchange

boss

Exegy, Inc., a trading solutions provider for the capital markets, has broadened its crypto derivatives coverage for the Metro professional trading platform by integrating with Deribit. Adding Deribit, known as the world’s largest crypto options 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…

Wall Street giants back EDX Markets, a new cryptocurrency exchange

boss

EDX Markets, a newcomer to the cryptocurrency exchange landscape, has made a notable entry with backing from prominent financial institutions such as Citadel Securities, Fidelity Investments, and Charles Schwab. The company recently unveiled the launch of its digital asset market on June 20, marking its official entry into the industry. According to the announcement, the exchange hopes to attract “industry leaders” by incorporating best practices from traditional finance and offering unique advantages, including liquidity, competitive quotes, and a non-custodial model designed to minimize conflicts of interest. Currently, EDX supports the…

Crypto Exchange Backed by Fidelity and Citadel Securities Starts Operations in US

EDX Markets plans to step into the crypto space just when the regulatory developments are quite hot and the US SEC has been cracking hard on crypto firms. The cryptocurrency landscape in America seems to be undergoing a seismic shift, and it’s still too early to say whether it is for the good or the bad. As per the latest report from Wall Street Journal, crypto exchange EDX Markets is planning to start operations in the US. Interestingly, crypto exchange EDX Markets is backed by some of the top financial…

Era of trading crypto as non-securities is over, says exchange exec

boss

Amid lawsuits against United States-based exchanges like Coinbase and Binance.US, an executive at a domestic digital asset firm has noted the legal implications of these recent enforcement actions for the industry. The era of trading cryptocurrencies as non-securities is coming to an end, according to Itai Avneri, chief operating officer at the blockchain trading firm INX. Avneri believes that a massive amount of coins offered for trading on crypto exchanges is among the core reasons for legal issues. “You cannot continue to trade cryptocurrencies as if they are not securities.…

Top US Crypto Exchange Coinbase Partners With Jack Dorsey’s Self-Custody Wallet Bitkey

boss

Top US crypto exchange Coinbase plans to integrate Bitkey, a self-custody wallet developed by Jack Dorsey’s fintech company, Block. In a recent announcement, Coinbase says it has entered a global partnership with Bitkey in an effort to foster the growth of self-custody usage. Dorsey, the billionaire co-founder and former CEO of Twitter, plugged the new partnership online. “Buy Bitcoin from an exchange and move it to a hardware key you control.” News of the partnership comes in the wake of Bitkey’s announcement to open applications for its beta program that…

Crypto Exchange CoinEx Pays Over $1,700,000 To Resolve New York State Lawsuit As It Exits US Market

boss

A Hong Kong crypto company was forced to pay more than $1.7 million in investor refunds and penalties after reaching an agreement with the New York State Attorney General (AG) Letitia James. James launched a lawsuit against the trading platform CoinEx in February, accusing the company of failing to register as a securities and commodities broker-dealer and for falsely representing itself as a crypto exchange. The attorney general announced in a press release this week that CoinEx will pay more than $1.1 million in refunds to 4,691 New York investors…

Bitcoin Wallet App Zeus Faces Rejection from Apple over Exchange Feature

boss

Apple has rejected the latest version of the Zeus app, a non-custodial Lightning Network-enabled Bitcoin wallet. This comes just a day after the tech giant warned another Bitcoin-related app, Damus, about removing certain features. The rejection of Zeus was communicated to the app’s founder, Evan Kaloudis, through an official message from Apple. According to Kaloudis’ tweet, Apple stated that the app “facilitates the transmission of a virtual currency but was not submitted by a corresponding exchange or recognized financial institution.” The company requested that Zeus provide documentary evidence proving that…

Every Centralized Exchange (CEX) Needs a Decentralized Exchange (DEX)

Finally, and perhaps most promisingly, a DEX backend enables a CEX to compose with other builders, integrating features and network effects into new “super-app” products. Altogether, blockchain infrastructure is fast approaching a point where building decentralized applications is no longer a matter of principle, it’s a matter of competitive advantage and ultimately, survival. Source