Exchange News

With investors on high alert following the FTX crash, crypto exchange Binance has recently been under the spotlight. Mazars, an accounting agency, recently audited Binance’s Proof-of-Reserves report. Some market participants,...

Today, Elon Musk suddenly followed the cryptocurrency exchange OKX, making it the only cryptocurrency trading platform the global leader follows on Twitter. This is surprising, especially because Musk doesn’t follow...

Cryptocurrency trading platform Gemini disclosed on December 14 that some of its users had fallen victim to phishing attacks. It said they were the “result of an incident at a...

The plummeting crypto deep freeze has caused several large and seemingly stable organizations to fall through. Yet, amid these turbulent market conditions, MEXC, a customer-facing and product-dense crypto exchange, has...

Data from ETH blockchain explorer Etherscan shows that 640K ETH had been transferred from Bitfinex 2, a crypto exchange, owned and operated by iFinex Inc. An  Ethereum whale transferred the...

As per the details revealed by Nansen, a crypto analytical platform, the largest crypto exchange Binance witnessed over $1.6 billion in withdrawals over the last 24 hours. The withdrawals have...

Taking off the cloak of secrecy, the Chief Legal Officer of Coinbase, Paul Grewal, has published Coinbase’s Transparency Report 2022. Though it is the fourth transparency report of Coinbase, Grewal...

A Chinese digital asset regulator has expressed contempt at the recent bankruptcy of the FTX crypto exchange, given that it affected other virtual asset businesses in China. It also described...

Reportedly, Atom Asset Exchange (AAX), the cryptocurrency exchange founded in Hong Kong, has suspended withdrawals from the middle of the previous month, as part of the regulations implemented by the...

Ultrasound.Money data shows that the ETH gas fee has soared to 222 Gwei. The increase happened as Binance began its proof-of-reserve checks for Ethereum. A global audit firm confirmed Binance...

Crypto influencer claims Gemini has below $100 million worth of stablecoins left. The poster quoted no reliable data, but the crypto community found them believable. FUD mongers previously claimed KuCoin...

Binance announced the company’s POR audit, during which the customers’ funds would be transferred to the company’s hot wallet. Colin Wu responded to the tweet commenting the word audit is...

Bahamian lawyers filed an emergency motion to a Delaware Bankruptcy Judge. The motion requested the judge to force FTX to surrender the financial details of the company. The details are...

Japan authorities gave FTX Japan approval to work for three months more. FTX Japan’s previous business suspension order will take effect from March 2023. The Japanese subsidiary is one of...

The effects of the FTX crash spread to the shores of Australia, as a Brisbane-crypto exchange, Digital Surge, has fallen into administration. KordaMentha, an advisory and investment firm, has been...

Crypto detective riled up Bankman-Fried for a confession to fraud on Twitter Space. Bankman-Fried revealed that user assets became “fungible” during the collapse. Coffeezilla informed that “the withdrawals weren’t segregated....

South Korea’s blockchain game developer, Wemade’s shares dropped 23% on the KOSDAQ market. Wemade Max and Wemade Play shares also plummeted on the KOSDAQ exchange. Upbit, Bithumb, Coinone, and Korbit,...

A global audit firm confirmed Binance has more BTC to protect customer deposits. The auditor noted that Binance has a 101% collateralization ratio on 575,742 Bitcoin Previously, Kraken’s CEO called...

Jake Chervinsky has applauded the crypto media community for vocalizing about FTX. Chervinsky further added that the crypto media did a great job of speaking the truth. Stockbroker Bruce Fenton’s...

Gate.io announced the launch of their Industry Liquidity Support Fund on Twitter. The crypto exchange has allotted $100M to support the crypto industry stakeholders. Gate.io mentions that the industry liquidity...

Stephen Findeisen, YouTuber Coffeezilla, snuck into Twitter Spaces to interview SBF. As for FTX and Alameda dashboards or whether users will be compensated, SBF was unclear. FTX CEO claims he...

Bybit announces a 30% workforce reduction due to the ongoing bear market. Swyftx announced 40% lay-offs due to deteriorating digital asset markets. Many crypto exchanges conduct mass layoffs fearing the...

The US Department of Justice is seeking an independent investigation of the bankrupt FTX. FTX’s new CEO John Ray says he wishes to recover customer assets as a priority. DOJ...

Uniswap’s new NFT aggregator had a successful launch. 3,180 new UNI addresses were created for the first time in 19 months. UNI is currently trading at $5.79 after a 0.22%...

South Korean fin-tech company Dunamu saw a revenue of $205 million and a profit of $124 million. However, the figures are 66% and 76% below the value the firm realized...