Tag: Exchange

FTX Bankruptcy: Fallen Exchange To Amass up to $5,100,000,000 More Than What Users Lost at Time of Collapse

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The bankrupt crypto exchange FTX now has holdings worth billions of dollars more than the legally approved claims made by its creditors. A recently filed disclosure statement indicates that FTX’s bankruptcy estate estimates it will hold net distributable proceeds between $14.5 billion and $16.3 billion on September 30th, the projected start date for the exchange’s reorganization plan. FTX only owes creditors approximately $11.2 billion, putting the bankrupt exchange’s creditors in a position to recover between 118% and 142% of their claim values, according to the disclosure statement. However, FTX’s creditors’…

Crypto Derivatives Exchange Bitmex Ventures Into Options Trading

On Wednesday, the cryptocurrency exchange and derivatives trading platform Bitmex declared its introduction of new trading options. Users now have the opportunity to engage in a broad selection of crypto options, which are margined in bitcoin, USDT, or USDC. Bitmex Introduces Options Trading On Wednesday, the crypto firm Bitmex, established in 2014 by Arthur Hayes, […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Japanese crypto exchange Coincheck sets Q3 as deadline for going public on Nasdaq

Coincheck is advancing its merger with Thunder Bridge Capital Partners IV, now aiming to go public on Nasdaq by Q3. Japanese cryptocurrency exchange Coincheck has submitted a confidential draft registration statement on Form F-4 to the U.S. Securities and Exchange Commission (SEC) in a bid to proceed with its planned merger with Thunder Bridge Capital Partners IV, Inc, a special purpose acquisition company. In a press release on May 7, Coincheck said the draft still remains subject to review and comment by the SEC, noting, however, that the proposed merge…

A Premier Crypto Exchange Tailored for Seasoned Traders – Blockchain News, Opinion, TV and Jobs

Revolut, the London-based digital banking behemoth boasting over 40 million customers worldwide, has officially launched its much-anticipated Revolut X crypto exchange platform, marking a significant stride into the competitive landscape of cryptocurrency trading. In response to this monumental development, Alex Saleh, Head of Partnerships at Blockchain protection firm Coincover, heralds Revolut’s foray into the crypto exchange arena as a transformative moment for the UK crypto ecosystem. Saleh emphasizes the pivotal role of Revolut’s launch in overcoming previous regulatory uncertainties that stifled innovation within the space. “Revolut’s launch of its new…

Japanese Crypto Exchange Coincheck Sees SPAC Nasdaq Listing Completion in Second, Third Quarters

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…

Tradu Introduces New Crypto Exchange with Competitive Fees

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