Tag: Exchange

Gemini Stock Drops 80% After IPO as Crypto Winter Tests Winklevoss Exchange

The crypto market’s strong correction is affecting everyone. Cameron and Tyler Winklevoss’s Gemini faces significant peril following a massive plunge in crypto prices. The New York-based exchange, which went public in late 2025, is now grappling with a “hard landing” scenario as the crypto winter exposes the fragility of its aggressive expansion plans amid a 40% market correction. The downturn has erased the bull market gains that underpinned the company’s growth strategy, forcing management to test how quickly they can reposition a money-losing operation with little margin for error. “You…

DerivaDEX Debuts Regulated DAO-Governed Decentralized Exchange in Bermuda

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DerivaDEX has officially commenced derivatives trading in Bermuda as the first decentralized exchange governed by a DAO to receive a formal regulatory license. DerivaDEX officially opened its decentralized derivatives platform in Hamilton, Bermuda, on February 17, 2026, following approval from the Bermuda Monetary Authority (BMA). The exchange utilizes a Decentralized Autonomous Organization ( DAO) governance […] Source

DerivaDEX Launches Bermuda-Licensed DAO Derivatives Exchange

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DerivaDEX has launched a Bermuda-licensed crypto derivatives platform, becoming what it says is the first DAO-governed decentralized exchange to operate under formal regulatory approval. According to a statement from the platform, the exchange received a T license from the Bermuda Monetary Authority and has begun offering crypto perpetual swaps trading to a limited number of advanced retail and institutional participants. The BMA’s T, or test license, is issued for a digital asset business seeking to test a proof of concept. At launch, DerivaDEX supports major crypto perpetual products and said…

This Korean XRP Exchange Data Has The Community Losing It

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Crypto market researcher Dom (@traderview2) says he’s identified what looks like a persistent, algorithmic XRP seller on South Korea’s Upbit: one that, by his estimates, has offloaded roughly 3.3 billion XRP into the XRP/KRW order book over the past 10 months. If the analysis holds, it reframes Upbit’s XRP flow as a venue-specific phenomenon rather than a simple reflection of global risk-on/risk-off sentiment. XRP/KRW Saw $5 Billion in Net Selling Dom analyzed “82 million trades on Upbit XRP/KRW” and mapped their net imbalance over time. His headline conclusion: “A $5…

Nexo Relaunches Yield, Exchange, Loyalty and Credit Lines in United States

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Crypto wealth platform Nexo formally returns to the U.S., relaunching regulated Yield, Exchange, Loyalty, and crypto‑backed Credit Line products. Nexo announces its U.S. relaunch on February 16 from Miami, delivering a U.S.-compliant suite of services—Flexible and Fixed‑term Yield programs, an integrated Exchange, crypto‑backed Credit Lines, and a Loyalty program—operating via regulated partners and trading infrastructure […] Source

SHIB Price Prediction: Popular Exchange Moves 46 Billion SHIB

On-chain analytics have detected a significant transfer of 46 billion Shiba Inu (SHIB) tokens involving wallets associated with the Kraken exchange. This liquidity adjustment coincides with the Shiba Inu price testing a distinct support floor at the $0.000006 level. Where is the SHIB price prediction pointing? The timing of the transfer is notable given the current state of momentum indicators. The RSI, a momentum oscillator used to measure the speed and change of price movements, has dipped near the 30 threshold on daily charts. Could be an indication that SHIB…

SBI Holdings Targets Majority Stake in Singapore Exchange Coinhako

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Japanese financial conglomerate SBI Holdings is moving to deepen its presence in the crypto sector, announcing plans to take a controlling position in Singapore-based exchange Coinhako. In a Friday announcement, the Tokyo-listed firm said its wholly owned subsidiary, SBI Ventures Asset, has signed a letter of intent with Coinhako’s parent company, Holdbuild, to inject capital into the business and purchase shares from existing investors. If completed, the transaction would give SBI Holdings a majority stake and make Coinhako a consolidated subsidiary, subject to regulatory approval. “Bringing Coinhako into the SBI…

Mirae Asset to Buy Controlling Stake at Korea’s Korbit Exchange for $93M

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Mirae Asset Consulting, an affiliate of South Korean multinational financial services company Mirae Asset Group, has agreed to acquire a controlling stake in local crypto exchange Korbit. The company plans to purchase 26.9 million shares of Korbit for 133.48 billion won (about $93 million), a transaction that would give it a 92.06% ownership interest in the exchange, according to a Friday regulatory filing. The payment will be made entirely in cash Mirae Asset said the purpose of the acquisition is “to secure future growth drivers through digital-asset (virtual-asset) businesses,” per…

Trump-Linked World Liberty Financial To Enter Foreign Exchange Market

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World Liberty Financial (WLFI), a decentralized finance (DeFi) platform backed by the family of US President Donald Trump, announced on Thursday that it will launch foreign currency exchange (FX) and remittance services for its users. The planned foreign exchange and remittance platform, called World Swap, seeks to challenge traditional remittance and FX service providers with lower fees and a simplified user interface, according to Reuters. Daily global FX trading volume surpassed $9.6 trillion in April 2025, according to a report from the Bank of International Settlements (BIS), and the personal…