Category: Exchanges

Meet in the Middle: Crypto Companies and Banks Are Evolving Together

Kraken’s move to become a bank in Wyoming is more about getting traditional finance to adapt to the crypto industry than the other way around.

September 20, 2020
More pump than dump: 22% UniSwap (UNI) price drop doesn’t faze traders

UniSwap’s UNI governance token soared to $8.60 before pulling correcting sharply but top traders expect the price to rise higher.

September 18, 2020
Cryptopia Users Can Claim Assets from End of 2020, Says Hacked Exchange’s Liquidator

Grant Thornton said the process of repatriating $100 million-worth of crypto assets from the now-defunct Cryptopia exchange will begin later this year.

September 18, 2020
The Uniswap effect is leading to 208% gains on average for certain tokens

And researchers suggest it’s surprisingly easy to predict, if you know what to look for.

September 17, 2020
Kraken Cryptocurrency Exchange Gets US Banking License, Plans to Be Global Bank

Cryptocurrency trading platform Kraken has received a banking license recognized under federal law to operate as a bank in the U.S. The company has outlined its plans to offer a number of cryptocurrency-focused financial services locally and globally. Kraken Now a US Bank Kraken announced Wednesday that it has received a U.S. bank charter. “The…

September 17, 2020
P2P Bitcoin Exchange Paxful Shuts Down Venezuela Operations to Comply With US Sanctions

Peer-to-peer (P2P) crypto exchange Paxful is shutting down its operations in Venezuela, apparently, to comply with U.S. economic sanctions against the leftist government of disputed president Nicolas Maduro. On Tuesday, a Paxful spokesperson told news.Bitcoin.com that the exchange will now start restricting new accounts and closing old ones, as part of the shutdown process. “Current…

September 16, 2020
Binance, Huobi, OKEx Have FOMO for DeFi

DeFi FOMO is driving centralized exchanges including Binance, Huobi and OKEx to prepare for a potential new crypto trading landscape where decentralized exchanges dominate.

September 15, 2020
SLP Trading Platform Cryptophyl Plans to Change Into a Noncustodial Defi Exchange

The U.K.-based Simple Ledger Protocol (SLP) exchange Cryptophyl is closing its doors in order to restructure into a decentralized finance (defi) platform. Cryptophyl has revealed the trading platform will officially go offline on September 21 and is asking customers to withdraw before that period. Just recently the SLP token trading platform Cryptophyl has revealed it…

September 11, 2020
Bitstamp Integrates Nasdaq’s Matching Engine for Faster Order Executions

According to research by Bitstamp and crypto market data provider Kaiko, the new engine enables order matching up to 1,250 times faster than with the previous system.

September 11, 2020
European Crypto Exchange Hacked for $5.4 Million in Bitcoin

Eterbase, a Slovak cryptocurrency exchange, revealed Thursday that it had been hacked for $5.4 million. Cyber-criminals broke into six hot wallets containing bitcoin, ethereum, algo, ripple, tezos, and tron, stealing everything, it said. Hot wallets are active digital asset accounts connected to the internet. Eterbase used these wallets to facilitate day-to-day trading activities on its…

September 10, 2020