Exchange News

ADGM granted Binance the Financial Services Permission from the Financial Services Regulatory Authority. Binance will be able to offer custodial services to professional clients in and out of the ADGM...

Binance CEO Changpeng Zhao declares eight new investment deals. While the investment amount is small, the Binance founder finds them to be “good projects.” Binance has announced an “industry recovery...

Coinbase issued a notice to convey they have a sound risk management program and strong capital. The notice was issued to iterate how Coinbase was different from the other platforms....

Cryptocurrency exchange Gemini observes withdrawals worth $570 million. Gemini is suffering repercussions of the FTX collapse as fears cloud the crypto industry. Gemini’s digital asset balances dropped from $2.2 billion...

A recent study shows why retail investors put money in cryptocurrencies despite falling prices. The study by the Bank of International Settlements reveals what is the driving factor of the...

Crypto exchanges are publishing proof of reserves amidst the FTX meltdown. FTX is investigating unauthorized withdrawals worth $477 million. Binance has suspended FTT deposits and withdrawals. Binance and other crypto...

Crypto.com mistakenly sent around $400 million ETH to the wrong address. After the FTX bankruptcy, investors fear the failure of another exchange. ETH sent was withdrawn from Gate team and...

Crypto.com has repeatedly transferred millions of dollars to the incorrect users. It sent 320k units of Ethereum token to the Gate.io crypto exchange. The crypto community speculates that probably the...

Binance CEO tagged a report by Bloomberg as ‘poop journalism.’ Bloomberg reported that Binance’s reserves comprised primarily of an owned token,  BUSD. CEO Zhao said its exchange is not the...

Crypto.com’s largest portfolio allocations include ETH, BTC and SHIB. SHIB is the exchange’s second largest reserve holdings. In related news, the price of CRO has dropped 13% over the last...

A finding by Reuters alleged that over $1 billion of customer funds vanished from FTX’s coffers. FTX’s former CEO reportedly transferred $10 billion of customer funds to Alameda, most of...

FTX suffers a $600 million crypto hack. FTX support team instructs users to delete all FTX apps. ETH, SOL and BNB exit FTX and move to other DEXs. Cryptocurrency exchange...

Analysts investigate SoftBank’s exposure to FTX. Softbank participated in two $900 million and $400 million seed rounds, respectively. Sequoia Capital has released a statement marking down the investment to $0....

Binance’s deal to purchase FTX fell through on November 9. Kraken announced it’s not affected by FTX’s new in any “material way.” The exchange did not list any FTT tokens...

KuCoin exchange went under temporary maintenance unannounced, causing FUD. On-chain data claim KuCoin was the most withdrawn exchange, even more than the embattled FTX.  Further data inspection showed the exchange...

Binance announces it will buy rival cryptocurrency exchange FTX. Robinhood stocks fall by 20% trading around $9.74. Sam Bankman-Fried might sell his 7.6% stake in Robinhood. After the news of...

Five major exchanges, including Gate.io, Binance, Huobi, OKX, and Bitget, have announced that they will follow the Merkle tree structure to provide complete transparency. Changpeng Zhao, the CEO of Binance,...

Coinmetro raised $7 million in funds with a total of 180 million euros. The exchange will use the capital to expand operations in the US, the UK, and Europe. The...

The sum of UK customers who have fallen victim to crypto fraud has increased significantly. Contextually, Santander announced to limit all crypto exchange transactions. Santander bank’s mobile and internet transactions...

FTX issued a series of support updates on its official Twitter handle. The team at FTX stated that the matching engines are running smoothly. The platform announced that it has...

Almeda, a trading firm, withdraws KuCoin tokens through KuCoin Exchange. FTX and KuCoin are among the top two in the withdrawal list. Almeda’s leaked balanced sheet has a deficit of...

Stripe, Dapper Labs, Digital Currency Group, & Galaxy Digital cumulatively sacked over 1,200 employees. Coinbase’s chief product officer posted a resignation note on social media. However, Chinese exchange Okex opened...

CEO of Coinbase praises CPO Surojit for his valuable contribution. Surojit to keep nurturing Coinbase as an advisor to Coinbase CEO. CPO reflects on the exponential growth of Coinbase within...

3AC received $1 million in Ethereum tokens from the exchange Okex. The broker moved 990 ETH to a new, empty Ethereum wallet. Three Arrows Capital owes $3.5 billion to 27...

Cosmos Asset Management will delist the Purpose Ethereum Access ETF and the Purpose Bitcoin Access ETF. The decision was made after a public argument between Burniske and the CEO of...