Tag: Exchange

Crypto Exchange Coinbase Reveals Its Process for Listing New Altcoins

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Top US-based crypto exchange platform Coinbase is revealing its listing procedures for new altcoins. According to a new blog post by Coinbase chief product officer Surojit Chatterjee, the crypto exchange’s listing process starts with asset issuers creating an account and submitting an application. Next, Coinbase’s Digital Asset Listing Group (DALG) evaluates the application using its standard listing evaluation framework to ensure it meets legal and safety requirements. If approved, the asset is listed on the exchange and closely monitored to ensure it continuously meets the platform’s requirements, according to Coinbase.…

Former CEO of Crypto Exchange Wex Dmitry Vasiliev Reportedly Detained in Croatia – Exchanges Bitcoin News

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Dmitry Vasiliev, co-owner and former chief executive of the now defunct Russian crypto exchange Wex, has been arrested upon entering Croatia, local media reported. The crypto entrepreneur is wanted by Kazakhstan where he is accused of stealing money from an investor. Wex Executive Vasiliev Apprehended at the Airport in Zagreb Belarus-born Dmitry Vasiliev, former CEO of Wex, once the largest crypto trading platform in the former-Soviet space, has been detained at Franjo Tudjman Airport in the Croatian capital on Wednesday, May 25, the Jutarnji List reported. According to the daily,…

Musk and Jackson Palmer exchange barbs

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Billionaire Elon Musk and Dogecoin (DOGE) co-founder Jackson Palmer are locked in battle on social media over Palmer’s claim that he could remove Twitter bots with a simple Python script. Australian Palmer said in an interview that his script was capable of automatically tweeting replies to scam tweets as a way of indicating that users should beware of the danger. He told news outlet Crikey on May 30 that Musk had reached out to get the script, but claimed the billionaire’s technical knowledge was so deficient that he didn’t know…

Here’s Which Crypto Exchange Platforms Are Safest for Traders, According to New Study

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A firm that provides comparative data for investors is taking a deep dive into the safety of cryptocurrency exchanges. In a new study, the Malta-based BrokerChooser analyzes 20 of the world’s most popular crypt marketplaces in a variety of metrics to determine which are the safest for investors. Taking the top spot with a rating of 4.1 out of five, is Coinbase, the largest crypto exchange in the US. BrokerChooser says Coinbase ranked as “tier 1” in most categories and highlights its emphasis on security. “Coinbase holds an insurance policy…

Bitcoin Exchange Outflows Suggest That Investors Are Starting To Accumulate

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Bitcoin exchange outflows have been turning for the better recently. What had predicated this was a long week of inflows surpassing outflows, solidifying the fact that it was a seller’s market. However, the tide has begun to turn as the Monday numbers are in. Bitcoin exchange outflows have now surpassed inflows by a large margin.  Investors Are Accumulating Glassnode has published exchange inflow and outflow data which points toward an accumulation trend among investors. For the start of the week, the inflows into centralized exchanges had touched $1.1 billion, a…

Crypto Exchange Upbit Operator Sees 47% Decline in Q1 Revenue

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Cryptocurrency exchanges are now facing the wrath of the declining market sentiment. Dunamu, the operator of South Korean crypto exchange Upbit, reported the first quarter of 2022’s operating profit at 287.8 billion won ($232.75 million), which was a yearly decline of 46.9 percent. According to a report by The Korea Times, the sales of the company also dropped by 28.6 percent in the three months. “Our sales and revenue fall is attributable to tightening global  liquidity  Liquidity The term liquidity refers to the process, speed, and ease of which a…