Category: Exchanges

South Korean Crypto Exchange Coinbit Seized Over Allegations of Massive Wash Trading

South Korea’s third-largest crypto exchange has reportedly been seized by police over allegations it faked most of its trading volume.

August 26, 2020
Crypto Exchange Coincheck to Launch Japan’s First IEO

Major Japanese crypto exchange Coincheck aims to launch its first Initial Exchange Offering project for Hash Palette, a content distribution platform for Japanese comic and graphic novels, anime and music by next March.

August 25, 2020
3 Australian Businesses Tap Chainalysis to Monitor Risky Cryptocurrency Activity

Several Australian companies have turned to Chainalysis products in a bid to improve their regulatory compliance and reduce risks for users.

August 25, 2020
UK Watchdog Eyes Extension of Money Laundering Risk Reporting to Crypto Firms

The Financial Conduct Authority is seeking to oblige more firms, including some working with cryptocurrency, to report how they manage the risks of financial crime.

August 25, 2020
Bitmex Restricts Ontario Residents as Mandated by Canadian Regulator

Cryptocurrency derivatives exchange Bitmex will be restricting access to users from Ontario, Canada, starting the beginning of next month. The company says the restrictions are mandated by the Ontario Securities Commission (OSC). Bitmex Stops Servicing Users in Ontario Bitmex, a cryptocurrency derivatives trading platform that offers up to 100x leverage, announced Monday that it will…

August 24, 2020
Over $1M in Ryuk Ransomware Bitcoin Was ‘Cashed Out’ on Binance: Report

Researchers reportedly traced bitcoin sent as payments to Ryuk ransomware controllers and found a good portion passed through Binance.

August 24, 2020
Crypto Derivatives Exchange BitMEX to Block Ontario Traders

The veteran cryptocurrency derivatives exchange is to block users in Ontario, apparently at the behest of the local securities regulator.

August 23, 2020
First look at Serum’s fast clearing and ridiculously low transaction fees

The long-awaited decentralized derivatives exchange Serum got its big reveal earlier this week, when Sam Bankman-Fried, the CEO of FTX, demonstrated its testnet during an online panel. While the DEX won’t ship for another few weeks, the first look at the innovative, Solana-based platform showed that users will be looking at one-second latency and transaction…

August 21, 2020
Bitcoin Balances at a 21 Month Low As Exchange Exodus Continues

Bitfinex specifically lost 2/3 of its balances within the same timeframe.

August 21, 2020
Chainalysis: New Issuance of Tether Slows Down Bitcoin Price Growth

Almost an even split between fiat and USDT

August 20, 2020