Tag: Exchange

US DoJ brings charges in BTC-e exchange case

The U.S. Department of Justice has published an indictment in the case of the Russian-rooted crypto exchange BTC-e. According to the official statement, the main defendant is Belarusian Aliaksandr Klimenka, who managed the collapse of the cryptocurrency exchange from 2011 to July 2017, together with Russian Alexander Vinnik. Klimenka is charged with “conspiracy to launder money” and “running a business providing financial services without a license.” The estimated volume of laundered funds is estimated at $4 billion. Klimenka, as the American justice believes, conducted “extensive business” in the United States…

Launching Your Own Crypto Exchange in a Month

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One and a half trillion dollars. That is the staggering estimated value of the global crypto market (2023). Of course, with this soaring figure, also comes volatility. The crypto world is no stranger to turbulent times, with the industry still finding its feet under the backdrop of colossal growth and constantly evolving regulations. Increased scrutiny, high-profile media cases, and rife competition has seen the fall of big names, not to mention the rollercoaster for stigma and investor trust. Despite this, cryptocurrencies have yet again bounced back. With grandmasters of the…

Crypto Exchange of 3AC Co-Founders to Shut Down This Month

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OPNX, a hybrid platform for trading bankruptcy claims and cryptocurrencies, has confirmed the closure of all its operations by February 14. The platform was launched by failed hedge fund Three Arrows Capital (3AC) co-founders last year. etoro: Experience a reliable, user-friendly platform trusted by millions. Stay ahead in the crypto world. Board the Crypto Train now! According to a CoinTelegraph report, the exchange emailed its customers, notifying them of the upcoming shutdown. It asked the customers to close all open positions by February 7 and withdraw the funds by February…

U.S. Charges Trio With Theft, Including Infamous Attack on Crypto Exchange

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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish group, owner of Bullish, a regulated, institutional digital assets exchange. Bullish group is majority owned by Block.one; both groups have interests in a variety of…

OPNX, the Exchange Built by Founders of Doomed Hedge Fund Three Arrows, Is Shutting Down

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish group, owner of Bullish, a regulated, institutional digital assets exchange. Bullish group is majority owned by Block.one; both groups have interests in a variety of…

Crypto Startup Velar Plans Perpetual Swaps Exchange for Bitcoin DeFi After Raising $3.5M

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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish group, owner of Bullish, a regulated, institutional digital assets exchange. Bullish group is majority owned by Block.one; both groups have interests in a variety of…

Crypto Exchange Coinbase Puts Solana-Based Altcoin on Listing Roadmap

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Top US crypto exchange Coinbase is listing another Solana-based (SOL) altcoin as the Ethereum (ETH) rival’s ecosystem heats up. In a new announcement, Coinbase says it is adding Render (RNDR) to its “listing roadmap,” which alerts customers that the exchange could soon add support for certain assets. Render is an image-synthesizing ecosystem consisting of distributed Graphics Processing Unit (GPU) computers. Says Render, “The network allows for a model that improves render speed for artists while reducing costs and increasing scale. It improves capital efficiency by utilizing idle GPU compute capability,…

FTX Expects to Pay Crypto Customers in Full, Won’t Restart Exchange

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish group, owner of Bullish, a regulated, institutional digital assets exchange. Bullish group is majority owned by Block.one; both groups have interests in a variety of…

Ex-UK finance minister joins Coinbase crypto exchange

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Former British Chancellor George Osborne addresses guests during a visit to the Manchester Chamber of Commerce on July 1, 2016 in Manchester, England. Christopher Furlong | Getty Images LONDON — A former British finance minister on Wednesday joined cryptocurrency exchange Coinbase as a global advisor, beefing up the company’s regulatory bargaining power at a time when it faces severe scrutiny stateside. Coinbase announced that George Osborne, who served as Britain’s chancellor of the exchequer from 2010 to 2016, will join the company on its global advisory council. He’ll join the…