Exchange News

Data from ITB shows that whale transactions consisting of at least $100,000 worth of Bitcoin reached a total of $68 billion over the past week. 

Following Binance and KuCoin, two more offshore cryptocurrency exchanges could receive the green light from India’s financial watchdog by March 2025. Sources familiar with the matter told a local media outlet that India’s Financial Intelligence Unit is reviewing registration requests…

Mark Karpelès, former Mt. Gox CEO, announced his new crypto exchange to “make right what went wrong” with the defunct Bitcoin trading venue. Speaking at the Korea Blockchain Week 2024, Karpelès said the new crypto exchange, dubbed EllipX, would be…

On-chain data shows increased Bitcoin outflows from cryptocurrency exchanges, showing potential accumulation. According to data provided by IntoTheBlock, centralized crypto exchanges saw a net outflow of over 16,500 Bitcoin (BTC) — worth over $1.01 billion — in the past seven…

Bitcoin price held steady above $60,000 on Thursday, Aug. 29, even as its exchange-traded funds saw two consecutive days of outflows. Data from SoSoValue shows that Bitcoin (BTC) ETFs lost $105.19 million in assets on Wednesday after shedding $127 million…

Following the latest allegations, Binance, the leading cryptocurrency exchange, witnessed a huge number of Bitcoin and Ethereum outflows. According to data provided by Coinglass, a total of 51398 Bitcoin (BTC) tokens left Binance over the past month. Data shows that…

Russia is set to launch two new crypto exchanges, one in St. Petersburg and another in Moscow, with a focus on stablecoin development. As sanctions continue to impact Russia‘s financial sector, the country is now planning to establish at least…

Crypto losses nearly reached $630 million in the first half of 2024, with centralized exchanges hit hardest, according to Cyvers. The crypto market experienced a surge in losses, totaling over $629 million in the first half of 2024, doubling the…

Hong Kong’s crypto hub ambitions face hurdles as more than a dozen exchanges struggle to secure full licenses due to regulatory concerns. Cryptocurrency exchanges in Hong Kong seem to be grappling with challenges in securing full licenses as the city…

Russia’s largest search website, Yandex, has updated its advertisement policy, banning ads for crypto exchanges, smart contracts, mining activities, and ICOs. Russia‘s most prominent search site, Yandex, has updated its advertising policies to ban ads related to crypto services within…

Crypto exchange Bitpanda has partnered with a state-backed Dubai bank as part of its first expansion into the Middle East. RAKBANK, one of the United Arab Emirates‘ oldest banks, has partnered with the Vienna-headquartered cryptocurrency exchange Bitpanda to expand its…

Blending features from centralized and decentralized exchange architecture is an obvious choice in a market that’s becoming more mature and competitive.

Russia’s Finance Ministry and central bank are in talks about setting up a domestic crypto exchange, though no final decision has been made yet. As Russia explores the development of its own crypto trading platforms, driven by the need to…

Bybit has launched a comprehensive new listing and delisting framework for cryptocurrencies in a bid to improve user protection. The exchange, which is the world’s second largest by trading volume, announced the changes in an Aug. 13 press statement. In…

Market maker Cumberland may have bought the dip as data showed the firm moving millions in Tether stablecoins to centralized exchanges. Since Aug. 6, Cumberland has sent over $1 billion in Tether (USDT) to CEX platforms like Binance, Coinbase, and…

Binance exec Tigran Gambaryan is reportedly being denied legal counsel and healthcare while detained on criminal allegations in Nigeria. Gambaryan was wheeled into an Abuja court during his last hearing on July 16 after his health deteriorated while in Kuje…