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.
A surprising development in the current FTX fraud case is that Sam Bankman-Fried’s (SBF’s) lawyers have urged that he should be given access to the assets and cryptocurrency held by his former firm FTX. Bankman-Fried resigned as CEO of FTX on November 11th, 2022 post-filing Bankruptcy, and is now out
Changpeng Zhao (CZ), the CEO of Binance, the world’s largest cryptocurrency exchange, has raised new expectations regarding traditional finance. According to the latest tweet thread from CZ, the centralized financing system is expected to have catastrophic consequences. Zhao’s new forecast came after the TradeFi institutions reduced their commitments to cryptocurrencies
The crypto communities keenly observed FTX case had taken a few new turns such as the request for interrogating the previous CEO’s parent and sibling. The Bankman-Fried family will probably be answering the FTX lawyer’s question under the oath. Courts proceedings between the SEC and the collapsed crypto firm FTX
Another member of the Digital Currency Group (DCG) has announced layoffs, a further indicator of continued market instability that started with the Genesis bankruptcy. The Luno exchange announced the termination of almost 35% of its worldwide workforce, citing market volatility as the reason for the cuts. Consensys, the firm behind
Bybit, one of the most well-known cryptocurrency exchanges, has come up with a new initiative for its investors. According to the latest announcement from the trading platform, it has introduced a new feature called, Unified Trading Account (UTA), a flexible all-in-one account option that provides multiple benefits for Bybit customers.
A representative for Gemini, a cryptocurrency exchange, confirmed on Monday that the company will be laying off 10% of its workforce. Gemini, which was co-founded by the Winklevoss twins, is subject to New York banking regulations. And has had to make at least three rounds of layoffs in less than
Coinbase will soon add three new tokens to the listing roadmap for their cryptocurrency exchange. The exchange’s main intent of serving as a bridge to Web3 has been accompanied by this announcement. Three further altcoins have been added to the crypto exchange’s catalog of tradable items. The recently introduced cryptocurrencies
On Friday, credit rating agency Moody’s said that it has reduced Coinbase’s (COIN) credit rating and guaranteed senior unsecured notes due to the company’s significantly diminished revenue and cash flow production capabilities. The long-term rating that represents the possibility of default on a business family’s debt, known as the corporate
Omar Sultan Al Olama, minister of the digital economy in the United Arab Emirates, has said that the Virtual Assets Regulatory Authority (VARA), the country’s virtual assets regulator, has not awarded any operational licenses as of yet. Al Olama allegedly said during the WEF that neither Binance nor FTX, nor
Former FTX president Brett Harrison, who left the firm in September 2022, has launched a new endeavor to entice traditional financial institutions to join the field of decentralized finance (DeFi). After the former president of FTX US, Harrison, detailed his departure from the firm and his strained relationship with co-founder,
