This TheNewsCrypto category provides all exchange-related latest news and topics. Stay updated on exchange-related news covering different topics, exchange categories, and price changes. A cryptocurrency exchange matches buyers to sellers enabling users to sell, purchase, trade, and often store their coins and tokens. Each crypto exchange is unique and differs based on the number of listed entries and trading volume. Thus, the section covers both individual crypto exchange updates and aggregated exchanges news.
In addition, cryptocurrency exchanges covered include Decentralized Exchanges (DEX), Centralized Exchanges (CEX), and Hybrid Exchanges. Asset entries listed include tokens, coins, trading pairs, DeFi, and derivatives.
BBC reported recently that the deportation of Faruk Fatih Ozer was agreed upon between Albanian and Turkish officials and that he has 15 days to challenge the decision. Last year, the 27-year-old and his struggling cryptocurrency trading platform, Thodex, gained headlines when he suspended trading and took the website down.
As a result of his recent comments on crypto entrepreneur Sam Bankman-Fried, American entrepreneur Michael Saylor has received widespread backlash from the crypto community. The co-founder of MicroStrategy is well-known for his advocacy of Bitcoin’s use in the financial sector. Despite significant unrealized losses as a result of Bitcoin’s recent
Following the demise of crypto behemoth FTX, CZ has prompted a flurry of reserve audits at cryptocurrency exchanges. Proof-Of-Reserves was first proposed by Binance’s CEO. Grayscale, a digital asset investing business, has refused to provide its on-chain proof of reserves, citing security concerns. On Friday afternoon, Grayscale sent an announcement
According to the WSJ, FTX’s ex-CEO Sam Bankman-Fried personally pocketed $300 million from the company’s 2021 investment round. A sum of $420 million was raised in this round, giving the platform a healthy financial footing. The report specifies that the money was raised in October 2021 from a large number
Canada’s third-largest pension fund, the Ontario Teachers’ Pension Plan (OTPP), released a statement on its investment in the defunct FTX cryptocurrency exchange on Thursday. Investments are made on behalf of 333,000 active and retired educators via the OTPP, whose website reveals it has over C$243 billion ($182 billion) in net
As of today, Bank of America said it will be shifting its rating on Coinbase shares from buy to neutral. Since its all-time high of $357.39 on November 9, 2021, the price of COIN has fallen 86%, trading at $45.36 right now, a decrease of 7% over the last 24
CEO and founder of Coinbase, Brian Armstrong, has spoken out about the cryptocurrency market’s current collapse. When asked about his feelings about the current crypto landscape, Coinbase’s CEO made it obvious that he is still positive despite the recent collapse of his competitor exchange, FTX. When asked about the former
According to a report by WSJ, cryptocurrency lender Genesis attempted to obtain a $1 billion loan from investors to prevent a liquidity constraint caused by the impact of the bankruptcy of cryptocurrency exchange FTX. Genesis required the credit by Monday at 10 am EST. Because of “abnormal withdrawal requests which
A little over a week after hitting its previous record low discount to the price of Bitcoin. Grayscale’s Bitcoin Trust (GBTC) struck a new one. YCharts data shows that as of Friday morning, the Bitcoin-tracking investment vehicle was trading at a discount of 42.69%. Introduced in September 2013, GBTC is
Operating as the third largest crypto exchange, FTX is now at zero level due to its highly-spoken liquidity crunch. Moreover, the collapse of FTX has shook the entire investors community and large users for investing in crypto markets. At present the whole crypto market is bearish with fall in prices
