Category: Exchanges

Data shows most Bitcoin exchanges require negligible KYC

A new report by on-chain analytics firm CipherTrace found out that most Bitcoin and crypto Know Your Customer (KYC) processes can be exploited by money launderers, criminals, and extremists. Now available! Our 2020 Geographic Risk Report: VASP KYC by Jurisdiction is the virtual asset industry’s first comprehensive global KYC risk assessment. https://t.co/fD1RJr5zNu #KYC #AML #CTF…

October 3, 2020
Zimbabwe’s Stock Exchange Open to Crypto Listing Subject to ‘Regulatory Approval’

Zimbabwe Stock Exchange (ZSE) CEO Justin Bgoni says its recently licensed subsidiary, the Victoria Falls Stock Exchange is open to listing bitcoin and other cryptocurrencies. However, according to local media reports, any such listings are still dependent on the digital asset issuers getting “regulatory approval.” The report does not provide any details of requirements that…

October 2, 2020
BitMex has bled 45k Bitcoin since US gov charges, allowing other exchanges to benefit

Gemini, Binance, OKEx and Huobi appear to be the biggest gainers of the BitMex fallout.

October 2, 2020
BitMEX Moves $337M in Bitcoin Ahead of First User Withdrawals Since US Charges

Bitcoin outflows from prominent crypto derivatives exchange BitMEX are already up in the wake of charges from U.S. agencies announced Thursday.

October 2, 2020
Cryptocurrency Exchange Operator Diginex Begins Trading on Nasdaq

Cryptocurrency exchange operator Diginex has announced the start of its listing and trading on Nasdaq. Digital assets financial services company Diginex Limited announced on Thursday that it has completed a business transaction with 8i Enterprises Acquisition Corp., a Nasdaq-listed special purpose acquisition company, which allows it to list and trade on Nasdaq. The company details:…

October 1, 2020
CFTC charges BitMEX with illegally operating an unregistered trading platform

The U.S. Commodity Futures Trading Commission (CFTC) has charged the owners of BitMEX with operating an unregistered trading platform and violating multiple CFTC regulations, including failing to meet required AML procedures. According to the lawsuit, five entities and three individuals were charged, which include Arthur Hayes, the co-founder, and CEO of BitMEX, Ben Delo, the…

October 1, 2020
Diginex Stock Goes Live on Nasdaq Following $50M in SPAC and Private Funding

Diginex has become the first crypto exchange operator to be traded on Nasdaq, listing under the EQOS ticker symbol.

October 1, 2020
Canadian Firm 3iQ’s Bitcoin Fund Listed on Gibraltar Stock Exchange

The Gibraltar Stock Exchange said Tuesday that it listed a new bitcoin fund belonging to 3iQ Corp, a Canadian investment fund manager that focuses on new technologies and crypto assets. The announcement follows GSX Group’s recent launch of what it calls the Grid, “a venue to create and deploy debt securities, funds, and equities as…

September 30, 2020
Uniswap Captures $2 Billion Locked, Dex Volume Outpaces Second-Largest Centralized Exchange

The decentralized exchange (dex) built on Ethereum, Uniswap has accumulated a whopping $2 billion in total value locked (TVL) this week. Tuesday’s data shows out of all the decentralized finance (defi) application’s Uniswap dominates the $11 billion landscape by over 18%. Just recently, the defi space has touched a few new milestones as the ecosystem’s…

September 29, 2020
DeFi critics criticize freezing of $130m in Kucoin crypto: here’s what they get wrong

KuCoin underwent a brutal hack last week that resulted in millions of dollars worth of coins lost. While the first number reported was $150~160 million due to a lack of transparency on part of the exchange, new information suggests that up to $250 million worth of coins were siphoned out of the exchange’s accounts over…

September 29, 2020