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CryptoCurrency

MiCA Is Already Here: Binance Restricts EU Users from Copy Trading and Many Stablecoins

  • Major crypto exchange announces sweeping changes to comply with new EU regulations.
  • This means the end of copy trading in the EEA and a limitation to only three "authorized" stable tokens.
Wednesday, 26/06/2024 | 07:07 GMT by Damian Chmiel
CryptoCurrency

Bitpanda Reaches 5 Million Users, Targets Further Expansion

  • European fintech unicorn sees growth amid rising demand for digital assets.
  • In the second quarter, the number of users increased by 500,000.
Tuesday, 25/06/2024 | 09:23 GMT by Damian Chmiel
CryptoCurrency

Bybit Marks 30 Million Users as New Copy Trading Platform Debuts

  • The crypto exchange has added 10 million new users since November.
  • Now, it will let its clients mirror the strategies of vetted expert traders.
Wednesday, 19/06/2024 | 12:19 GMT by Damian Chmiel
CryptoCurrency

Cryptocurrency Exchange Spot Volumes Surge over 170% in a Year

  • Although volumes are increasing year-over-year, they have declined for the 2nd consecutive month in 2024.
  • The reason is the profit-taking following the Bitcoin halving in April.
Wednesday, 19/06/2024 | 11:05 GMT by Damian Chmiel
CryptoCurrency

Binance Reaches 200 Million Users amid Crypto Market Surge

  • The exchange currently serves 36% of all crypto users worldwide.
  • Its goal is to increase the number of customers to 1 billion.
Monday, 10/06/2024 | 07:15 GMT by Damian Chmiel
CryptoCurrency

Lawsuit Filed as Investors Seek to Reclaim Lost Assets in JPEX Scandal

  • Two individuals sued crypto exchange JPEX to recover over HK$1.85 million.
  • The JPEX case led to 73 arrests, prompting calls for expedited investigations.
Thursday, 06/06/2024 | 08:28 GMT by Tareq Sikder
CryptoCurrency

OKX Extends to Netherlands Offering Crypto Wallet and Exchange

  • Dutch customers can spot trade and convert over 150 cryptos including 60 crypto-Euro pairs.
  • The company holds a crypto service provider registration with De Nederlandsche Bank.
Monday, 03/06/2024 | 10:06 GMT by Tareq Sikder
CryptoCurrency

SFC Issues New Crypto Regulations: 2 Platforms Licensed, 17 Await Approval

  • As of June 1, OSL Digital Securities and Hash Blockchain are licensed crypto trading platforms.
  • Several crypto exchanges, including OKX and Gate.hk, are ceasing operations in Hong Kong.
Monday, 03/06/2024 | 08:44 GMT by Tareq Sikder
Executive Moves

From TV Host to Crypto Exchange CEO: Gracy Chen at the Helm of Bitget

  • She joined the digital assets platform two years ago as the Managing Director.
  • The new CEO has a decade of experience in business management, marketing, and investment.
Tuesday, 21/05/2024 | 11:03 GMT by Damian Chmiel
CryptoCurrency

Bybit Crosses 30 Million User Threshold amid Sixfold Volume Jump

  • The exchange gained 5 million customers over the span of two months.
  • Simultaneously, its trading turnover increased by 600% since April 2023.
Tuesday, 21/05/2024 | 10:27 GMT by Damian Chmiel
CryptoCurrency

BingX Announces "ExpansionX" Strategy on 6th Anniversary

  • The development plan includes new spot and futures products, and new markets.
  • The crypto exchange currently serves more than 10 million crypto traders worldwide.
Monday, 20/05/2024 | 11:00 GMT by Damian Chmiel
CryptoCurrency

Hidden Road Integrates OKX Nitro Spreads for Arbitrage Strategies

  • The institutional clients will access OKX's deep liquidity and execution of advanced trading strategies.
  • Both companies aim to drive institutional adoption in the crypto space.
Monday, 20/05/2024 | 06:59 GMT by Damian Chmiel
CryptoCurrency

Breaking: Coinbase Suffers “System-Wide Outage”

  • The website of the crypto exchange is showing a "503" error.
  • The outage has also affected the mobile app and self-custody wallet.
Tuesday, 14/05/2024 | 05:55 GMT by Arnab Shome
CryptoCurrency

OKX Enters Australia with Spot and Derivatives Crypto Trading

  • Spot trading is available to all, while only verified wholesale clients can access derivatives.
  • The launch came a year after OKX established its Sydney offices.
Tuesday, 14/05/2024 | 05:07 GMT by Arnab Shome
CryptoCurrency

Bankrupt FTX Plans to Pay Nearly All Customers 118% of Their Claims

  • The creditors with claims of $50,000 or less will be eligible to receive 118 percent of their claims.
  • It will also pay non-governmental creditors an interest of 9 percent on their full claims.
Wednesday, 08/05/2024 | 05:50 GMT by Arnab Shome
Exchanges

Bitget’s Crypto Trading Volume Surges over 100% in Q1 2024

  • Futures trading volumes increased even more, reaching $1.4 trillion.
  • Moreover, the BGB token hit an all-time high, and the user base expanded to 25 million.
Thursday, 11/04/2024 | 09:46 GMT by Damian Chmiel
CryptoCurrency

OKX Unveils European Expansion Plan with Okcoin Rebrand

  • The platform also announces the new General Manager for the region.
  • Currently, the crypto exchange is the 4th biggest worldwide in terms of spot volumes.
Thursday, 11/04/2024 | 06:37 GMT by Damian Chmiel
CryptoCurrency

Crypto Exchange OKX Pays €304,000 Fine in Malta for Compliance Failures

  • Okcoin Europe, the crypto exchange's local branch, settled with the MFSA.
  • The regulator considered the exchange's "goodwill" when imposing the fine.
Wednesday, 27/03/2024 | 10:34 GMT by Damian Chmiel
CryptoCurrency

Nigeria Presses Binance amid Economic Turmoil and Detains Executives

  • The authorities demand user data of the top 100 users and six months of transactions.
  • Binance faces intensified crackdown by authorities for alleged currency speculation.
Wednesday, 13/03/2024 | 16:21 GMT by Tareq Sikder
CryptoCurrency

OKX Joins Growing List of Crypto Exchanges with Singapore's MPI License

  • Another digital assets platform secured an in-principle payments license.
  • OKX is now able to provide digital payment token services and cross-border transfers.
Wednesday, 13/03/2024 | 07:55 GMT by Damian Chmiel
CryptoCurrency

Bitget’s User Base Soars to 25 Million amid Crypto Boom

  • In addition, the BGB token hits $1, and custodial assets surge 250%.
  • The exchange recorded an increase in the popularity of copy trading services.
Thursday, 07/03/2024 | 10:00 GMT by Damian Chmiel
Institutional FX

Germany's Biggest Stock Exchange Goes Crypto

  • Deutsche Börse positions itself at the forefront of the adoption of digital assets.
  • The new DBDX exchange aims to provide crypto space for institutional investors.
Tuesday, 05/03/2024 | 09:45 GMT by Damian Chmiel
CryptoCurrency

Crypto Giants Absent as Hong Kong Attracts 24 Companies for Licenses

  • Platforms must apply by February 29th or cease operations by the end of May.
  • Much of the crypto entering the city flows through OTC trades rather than exchanges.
Friday, 01/03/2024 | 10:25 GMT by Tareq Sikder
CryptoCurrency

Bitget Leverages Messi Sponsorship in Battle for Latin America

  • The crypto exchange targets Latin America for expansion, focusing on beginner-friendly products.
  • In the competitive market, football is one of the factors that can help.
Wednesday, 21/02/2024 | 08:35 GMT by Damian Chmiel
CryptoCurrency

Bybit Targets European Growth with New Amsterdam Office

  • Partnership with SATOS enables Bybit's growth and adherence to Dutch laws.
  • Now, the crypto exchange is deepening expanding its nearly year-long cooperation even further.
Monday, 19/02/2024 | 10:41 GMT by Damian Chmiel
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