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.
In the 19th batch of the LUNC burn mechanism, crypto exchange Binance, burnt 2.21 billion Terra Luna Classic (LUNC) tokens. This brings the total number of tokens burnt by the Terra Luna Classic community to over 102 billion, while the net burn by the crypto exchange reaches over 53 billion.
Binance, a cryptocurrency exchange, has been fined $10 billion by the Nigerian government for making money via “illegal transactions,” according to Bayo Onanuga, a special advisor to President Bola Tinubu. In a Friday interview with the BBC, Onanuga revealed the monetary fine. In recent months, the government’s position on the
One of the top three cryptocurrency exchanges in the world by volume, Bybit, has released the Fiat Cashback Splash for March for both new and seasoned customers who make fiat deposits. Every month during the first week, any of Bybit’s 20 million users that contribute fiat will get rewards. New users will
Hong Kong will soon force all non-compliant trading platforms to shut down locally, and the region has already ceased accepting licensing applications from cryptocurrency exchanges as of February 29. All Hong Kong cryptocurrency exchanges that have not applied for a license must close their doors by May 31, 2024, according
A new promotion for Binance’s VIP Invitation Program was unveiled today. By aggregating their spot or futures trading volume on cryptocurrencies and traditional assets from up to two trading venues, new users who trade cryptocurrencies and/or traditional assets on other platforms can now become Binance VIPs in an even more
In a tumultuous period for cryptocurrency exchanges in Nigeria, Binance Nigeria has come under intense scrutiny as it facilitated transactions exceeding $26 billion from unidentified sources within the past year. The digital assets platform, known for its peer-to-peer trading model, allows users to engage in buying and selling cryptocurrencies with
In a formal announcement, crypto exchange OKX has introduced OKX TR to the Turkish market. The launch was announced by the corporation on February 27. In partnership with regional financial institutions, OKX TR offers a deposit option and an on-ramp for the Turkish lira fiat currency. Fibabanka, VakıfBank, İş Bankası,
HTX’s Hong Kong subsidiary has taken down its application to run a “virtual asset trading platform” that provides retail trading services, according to the website of the relevant regulator. According to the South China Morning Post, which cited the Securities and Futures Commission’s list of license applicants, HBGL Hong Kong
BitForex, a prominent crypto exchange, finds itself embroiled in a storm of controversy as users raise alarms over mysterious outflows, a CEO departure, and an eerie silence from the platform. According to blockchain analyst ZachXBT, BitForex’s hot wallets experienced staggering outflows totaling approximately $56.5 million on February 23. This alarming
On Thursday, Kraken filed a motion to dismiss the case, claiming that the U.S SEC had not charged fraud and had instead stretched the meaning of a contract in its lawsuit. With the argument that cryptocurrencies—or at least those included in the SEC’s complaint—should be classified as commodities rather than
