Tag: Exchange

HTX Denies UK Sanctions Allegations as Data Links Exchange to Russia‑Linked Flows

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Sanctioned crypto exchange HTX is pushing back against the United Kingdom’s decision to blacklist Huobi Global S.A., the Panamanian company behind the platform, over allegations it helped Russia move money through a shadow “A7” network. In its latest Russia sanctions package on May 26, the UK accused Huobi Global of providing financial services and economic resources to entities already under restrictions for supporting Moscow’s war economy. The government said it was targeting “crypto and illicit finance networks” exploited by Russia, including the Kremlin-backed A7 “shadow” system that helps channel funds…

Exchange OS Goes Live on OKX’s Xlayer With Glassnode Data, Opens Market Building to Any Developer

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Key Takeaways Exchange OS launched on OKX’s Xlayer on May 26, enabling anyone to deploy spot and perp markets. Glassnode joined as Exchange OS’s data provider, supplying onchain and derivatives data to Xlayer. The permissionless protocol enters a space led by Hyperliquid, which recorded $170.29B in monthly volume recently. Glassnode Powers Exchange OS Launch on OKX’s Xlayer Onchan analytics provider Glassnode confirmed on May 26, that Exchange OS has launched on Xlayer, the L2 built by crypto exchange OKX. Exchange OS is a permissionless, builder-first protocol, meaning any developer or…

UK Authorities Sanction HTX Crypto Exchange, Citing Support for Russia

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The UK government has added cryptocurrency exchange HTX to its list of sanctioned entities over its support of Russia. On Tuesday, UK authorities said that there were “reasonable grounds to suspect” HTX, formerly Huobi Global, has been supporting Russia’s government through financial services and funds facilitated by the A7 Limited Liability Company and Garantex, other sanctioned entities. The crypto exchange, headquartered in Panama, was the latest to be named as part of a crackdown on entities “exploited by Russia to circumvent UK sanctions.” “If the Kremlin thinks it can evade…

FET Exchange Supply Is Quietly Disappearing – Discover Why Traders Are Watching Closely

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FET has been consolidating above $0.20 after weeks of sideways price action that has left the asset searching for a catalyst to force a directional decision. The price is holding but not advancing — and a CryptoOnchain analysis tracking Binance-specific flow metrics has identified a structural development in the exchange data that reframes what the current consolidation is actually building on. Related Reading Over the past week, the metrics governing FET’s exchange activity on Binance have contracted with a severity that goes well beyond routine fluctuation. The number of inflow…

Chainlink Sees Historic On-Chain Surge While Exchange Supply Keeps Shrinking – Details

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Chainlink has lost the $10 mark as the market faces a retrace that could extend further. Leaving holders navigate a price structure that offers little immediate comfort. The decline is real — but a CryptoOnchain report has identified a development in the network data from earlier this month that reframes what the current price weakness is actually occurring against. Related Reading Between May 9 and 10, Chainlink’s active address count spiked to over 280,000. A figure that requires context to feel as alarming as it is. The network’s historical baseline…

WhiteBIT Brings GBP Trading to UK Users With Dedicated Exchange – Bitcoin News

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Key Takeaways WhiteBIT launched whitebit.uk on May 20, 2026, bringing GBP trading and FPS funding to U.K. users. The FCA reports 91% crypto awareness among U.K. adults, with 73% of holders using centralized exchanges like WhiteBIT. WhiteBIT, part of W Group’s 35 million-user network, plans to expand U.K. products as FCA regulation develops. Crypto Exchange WhiteBIT Opens UK Platform The U.K. exchange went live on May 20, 2026, with a platform built specifically for U.K. retail and institutional users, according to the announcement shared with Bitcoin.com News. The timing follows…

Bitcoin Supply Shock? Binance Flags 500k BTC Leaving Exchange

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Binance Research said a cluster of Bitcoin on-chain indicators is pointing toward tighter available supply and reduced sell pressure, with exchange balances falling to a six-year low as roughly 500,000 BTC have left trading venues since the COVID-era peak. In a May 17 thread, the research arm of Binance argued that four metrics now point in the same direction: long-term holders remain dominant, speculative activity is subdued, exchange supply has declined, and short-term holders are only beginning to rebuild unrealized profits. The combined readout, according to Binance Research, suggests that…

USDT On Ethereum Sees Largest Exchange Outflow Since February — Details

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Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking”…

CZ Says Crypto Exchange Rivals Opposed His Pardon Bid

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Binance co-founder Changpeng “CZ” Zhao said he was not very confident he would be pardoned by US President Donald Trump after serving a four-month prison sentence in 2024 for violating US anti-money-laundering laws. “You never know because we actually had very strong anti-lobbying from some of our perceived competitors in the US,” Zhao told Ran Neuner on the Crypto Banter podcast published to YouTube on Saturday. “The other crypto exchanges in the US don’t want me to get a pardon,” Zhao said, arguing they were concerned about Binance re-entering the…

How Iran’s biggest crypto exchange stays off the OFAC blacklist

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Iran’s internet formally remained part of global routing, but user activity fell almost to zero. That points to a managed restriction on citizens’ access to the external network. Source: IODA. But in that digital darkness, one vital financial service continued to operate without interruption: Nobitex, a cryptocurrency exchange linked to Iran’s ruling elite. We compiled the available information about the platform and tried to understand how Iranian authorities use it, what investigations by analytics firms have revealed, and why, despite all these findings, the exchange is still not on OFAC’s…