Tag: wallets and exchanges

Oct 01 2022

Indian Crypto Exchange WazirX Lays Off 40% Of Its Staff Citing The Ongoing Crypto Winter: Report

Oct 01 2022 Published at Ethereum World News under tags  wallets and exchanges

Indian cryptocurrency exchange WazirX has reportedly laid off 40% of its staff, Coindesk report adds In a statement shared with the crypto news outlet, the exchange cites the prolonged crypto winter as its reason for slashing its workforce by 40%. Per a Coindesk report, Indian cryptocurrency exchange WazirX has slashed its workforce by 40%, citing the ongoing crypto market phase. WazirX Cuts 40%...

Sep 26 2022

Binance Eyes Crypto License In Japan 4 Years After Exit

Summary: Crypto exchange giant Binance could resume operations in Japan for the first time since 2018. Changpeng's Zhao company has eyes on a crypto license to legitimize such operations, Bloomberg reported on Monday. The news comes as Prime Minister Fumio Kishida hopes to lead a crypto-inclusive regime. Binance has chased and secured several regulatory approvals across the globe in 2022 so far. Leading...

Sep 23 2022

Singapore’s Largest Bank DBS Introduces Crypto Trading Services For Its Accredited Wealth Clients

DBS Bank has unveiled a new feature, permitting its accredited wealth client base to explore cryptocurrency trading via DDEx. The following device was earlier limited to DBS corporate, institutional investors, family offices, customers of DBS Private Bank, and DBS Treasures Private Client. DBS Group Holdings Limited, Singapore's largest bank, has recently introduced a cryptocurrency trading feature via the firm's DBS digibank for its...

Sep 22 2022

Crypto Exchange Coinbase Made Use Of Company’s Cash To Speculate On Cryptocurrencies: Report

A report by WSJ asserts that Coinbase dabbled in cryptocurrencies to earn additional money The report further states that Coinbase made use of the company's cash to trade and stake cryptocurrencies with the intention of earning profits. Per a recent report issued by the Wall Street Journal, Coinbase's Risk Solutions Unit made use of the company's cash to speculate on cryptocurrencies with the...

Exchange Giant Coinbase Wins Dutch Crypto License

Coinbase expands its European foothold with regulatory approval from the Dutch central bank.

Sep 19 2022

UK’s FCA Warns Consumers That FTX Hasn’t Registered With It

Sep 19 2022 Published at Ethereum World News under tags  crypto cryptocurrency fca ftx news

The Financial Conduct Authority (FCA) said that FTX wasn’t authorized to offer financial products or services. FTX has offered similar warnings in the past, most notably with respect to Binance. U.K. regulators have taken a number of steps to introduce control over the market. The United Kingdom’s Financial Conduct Authority (FCA) has issued a warning to consumers about crypto exchange FTX. The FCA...

Sep 18 2022

GMX Allegedly Exploited For Over $565,000 On Avalanche (AVAX)

Summary: Decentralized exchange GMX might have suffered price manipulation on the AVAX/USD pair. Estimates losses from the incident exceed $500,000, per reports. The exploit was first noticed by on-chain security firm PeckShiled but the tweet was deleted shortly after. GMX responded with a cap on AVAX long and short futures trading. GMX, a decentralized crypto exchange powered by Artibitrum and Avalanche, supposedly fell...

Top Decentralized Platforms (DEX) for Crypto Trading

Decentralized platforms for trading are extremely popular in the crypto market, and for a good reason. These are, first and foremost, non-custodial, meaning that you are always in control of your funds. You’ll also find a much larger selection of crypto assets — and you can trade these for lower fees. Decentralized Exchanges (DEXs) have been growing in popularity for these reasons and...

Sep 16 2022

FTX In Lead To Purchase The Auctioned Assets Of Voyager Digital: Source

A report by Coindesk citing anonymous sources reveals that FTX might be in the lead to purchase the auctioned assets of Voyager Digital The crypto lender platform had earlier rejected the FTXs deal citing it as a low ball offer A report published by Coindesk citing anonymous sources reveals that crypto exchange FTX may purchase auctioned assets of the embattled crypto platform Voyager...

Sep 13 2022

Huobi Global Delists Seven Crypto Tokens Including Monero And Zcash

Sep 13 2022 Published at Ethereum World News under tags  wallets and exchanges

Huobi delists seven crypto tokens from its trading platform Users will not be able to trade on these tokens due from September 19 onwards. The list of delisted tokens includes DASH, DCR, FIRO, XMR, XVG, ZEC, and ZEN. In a statement uploaded on Monday, leading cryptocurrency exchange Huobi has announced that the firm will be delisting seven crypto tokens to comply with regulations...

Sep 08 2022

Uniswap Dex Fully Backs Ethereum PoS Upgrade, No Support For ETHPOW Forks

Uniswap is all in on Ethereum's proof-of-stake upgrade as the merge draws closer.

Sep 01 2022

Indonesia Prepares To Launch Crypto Stock Exchange By Q4 2022

Summary: Indonesia's deputy trade minister announced plans for a crypto stock exchange. The platform would go live before the end of 2022, minister Jerry Sambuaga told reporters. 25 crypto exchanges licensed by the country's regulator would be listed on the new crypto stock exchange. The government- owned platform would focus on investor protection as interest in cryptocurrencies skyrocketed in 2021. Total digital asset transactions...

Binance And CEO Changpeng Zhao Probed By U.S. Justice Department Over AML Checks: Reuters

Summary: U.S. federal prosecutors asked Binance for documents regarding the platform's anti-money laundering checks. Authorities also asked for communication records between CEO Changpeng Zhao and 12 other executives. The cornerstone of investigations revolves around whether or not Binance violated the Bank Secrecy Act, per reports. U.S. agencies like the SEC and the Justice Department have increased probes into crypto companies in recent years....

Celsius Custodial Service Users File Petition To Get Funds Back

Users who used Celsius’ custody service are petitioning the company to release their funds. 64 individuals are part of the filing, and they hold approximately $22.5 million in the custody service. Celsius is under a lot of pressure at the moment and has itself made a filing against KeyFi. Celsius seems to be facing more woes, as a group of custodial account holders...

Aug 30 2022

Crypto.Com Sues A Woman In Australia After Accidentally Issuing Her A Refund of $10M Instead Of $100

Aug 30 2022 Published at Ethereum World News under tags  news wallets and exchanges

Crypto.com had accidentally transferred $10 million instead of $100 into an Australian woman's account The exchange realized its erroneous transfer 7 months later during its annual audit and will be taking legal action against her. Singapore-based Crypto.Com is suing a woman in Australia after accidentally refunding her $10 million instead of $100. What Happened? Central cryptocurrency exchange Crypto.Com has sued an Australian woman...

Aug 29 2022

We Are Not Planning To Buy Huobi: FTX Founder Sam Bankman-Fried

Aug 29 2022 Published at Ethereum World News under tags  news wallets and exchanges

The crypto entrepreneur SBF took to Twitter to share his opinion, addressing the growing notions about FTX acquiring Huobi in near future. FTX founder Sam Bankman-Fried further shared that he is not planning to buy Huobi FTX CEO and crypto entrepreneur Sam Bankman-Fried has finally issued a clarification via Twitter adding that contrary to the popular public opinion, his crypto exchange FTX is...

Aug 26 2022

Crypto Exchange Zipmex Seeks A Meeting With Regulators To Introduce Potential Investors

Aug 26 2022 Published at Ethereum World News under tags  news wallets and exchanges

In an updated statement, Zipmex announced that it's seeking a meeting with Thailand Securities and Exchange Commission to introduce its potential investors to the regulators The exchange has also re-enabled its Z wallet services in a bid to restore customer confidence Troubled crypto exchange Zipmex has issued a new announcement adding that the exchange is in "advanced stages of negotiations with potential investors...

Aug 25 2022

Upbit To Prohibit Transactions To 16 Foreign-Based Crypto Exchanges

Upbit will work with the FSC to crack down on unregistered crypto platforms per the latest update from the giant exchange.,

Coinbase Unveils cbETH Wrapped Ethereum Staking Token

Coinbase launches a new token called Wrapped Ethereum Staking or cbETH The token comes with a diverse set of use cases in the broader liquid staking ecosystem Coinbase has unveiled its own liquid staking token dubbed cbETH ahead of the highly anticipated Ethereum merge. Coinbase Launches Its Own Liquidity Staking Token According to Coinbase, the token has been launched to tend to a...

Aug 24 2022

Uniswap DEX Community Establishes A Foundation To Promote Open Source Development

Uniswap DEX community members have voted to create a Uniswap Foundation to support open source development The foundation intends to support the decentralized growth and sustainability of the Uniswap Protocol and its supporting ecosystem. Popular decentralized exchange Uniswap community members have voted for the creation of an independent foundation to spearhead open source development within the Uniswap ecosystem. Uniswap Foundation Intends To Support...

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