Exchange News

A legal brief was filed against SEC for rejecting Grayscale’s application to convert GBTC. Grayscale argued that the SEC’s application of its “significant market test” was deeply flawed. The brief...

Coinbase secures operational license from Singapore’s central bank, the MAS. The IPA allows individuals and institutions to use digital payment token services. MAS has also granted licenses to Crypto.com and...

Sam Bankman-Fried, CEO of the FTX exchange tweets about how the FTX exchange has evolved. Bankman speaks about various improvements that they will be rolling out soon. He also hinted...

Huobi, China’s largest exchange, acquired by About Capital Management. Rumors say that Huobi was sold for $3 billion: Justin Sun is supposedly the real buyer. Huobi token is trading at...

Cryptocurrency exchange Huobi Global founder & CEO Leon Li has stepped down as a shareholder. The company is now being acquired by investment firm About Capital’s M&A Fund. The founder’s...

Coinbase CEO Brian Armstrong announces the launch of a documentary film titled Coin, directed by Greg Koh. The movie will silver screen the struggles Armstrong undertook to build Coinbase. Armstrong...

PancakeSwap tweeted that the blockchain burnt 6,780,013 CAKE. The burnt CAKE is worth $31 million. The tokens were gained through trading, auction, prediction, NFT, and lottery. The decentralized finance (DeFi)...

CEO Bankman-Fried shared details on how FTX might purchase Celsius’ assets. BnkToTheFuture CEO accused FTX CEO of proposing Celsius’ assets for cents. Bankman-Fried clarified that Voyager’s proposal was on “fair...

Dennis Porter tweeted on the fixation of Coinbase’s technical issues. Coinbase encountered technical issues that restricted users from transactions. After some hours, the company announced that it had resolved the...

WazirX fired its entire public policy and communication team last Friday. A estimated 50 to 70 workers, representing 40% workforce, were sacked. The company pinned blames on the bear market....

Korean Crypto Alliance DAXA announces guidelines for consumer protection. The guidelines cover various risk assessment measures. The exchanges will offer transaction support to its consumers. The Digital Asset Exchange Alliance...

Japan is planning new rules that will combat crypto-exchange money laundering. The country’s travel rules will be expanded to include crypto and stablecoins. The legislation will come into effect in...

Upbit plans to establish virtual asset monitoring services with LUNC revenue. The fees stand at 239.13025970 bitcoin, equivalent to over $4.5 million. Upbit would divide the fees into short-term and...

Voyager has picked FTX.US as the best bid for its assets after multiple bidding rounds. FTX bid $1.422 billion, comprising the fair market value of all Voyager crypto assets. The...

Canada’s leading crypto exchange bought the crypto trading platform CoinSmart. The agreement would allow Coinsquare to purchase a definite amount of shares of Simply Digital. Both companies aim at the...

Voyager CFO Ashwin Prithipaul exists company after just four months. The crypto lender filed for bankruptcy back in July. FTX and Binance have made the highest bids on the lender’s...

Capital Market’s Authority has granted a license to Bit of Gold. Bit of Gold became Israel’s first crypto company to get licensed under the Capital Market’s Authority. The license would...

Coinbase has gained DNB registration approval. The exchange can now offer its full suite of products to its Dutch customers. The Netherlands is an addition to the 40 European countries...

Huobi Technology Holdings to be renamed as “New Huo Technology Holdings Limited.” Huobi was reportedly looking to sell 60% of its stake. The exchange is seeking a fresh corporate image...

Binance and FTX are top bidders for Voyager’s assets before the final sale. The popular exchange Binance is slightly ahead of FTX with a $50 million bid. The auction is...

Coinbase and ENS have partnered up to enable users to have “cb id” usernames. Enabling users to hold “cb ids” will bolster Web3 adoption. ENS has seen an influx of...

FCA claimed that FTX has been operating in the U.K. without authorization. The move against FTX comes after an ongoing battle between the FCA and Binance. To date, only 33...

Binance conducts seminar on cryptocurrency and cybersecurity. The law enforcement agency educated listeners on cybercrime combating operations. Stern says that Binance has been actively working with the Philippine government to...

Zonda Global announced that it is expanding its operations to Denmark. The exchange’s latest corporate location will be in the center of Copenhagen. CTO Jakob Lundqvist states that their modern,...

India’s Enforcement Directorate unfreezes crypto exchange WazirX’s bank accounts. WazirX states the investigation was regarding malicious fintech companies supposedly using WazirX. The relationship between WazirX and Binance remains unclear. After...