Browsing Category
Exchanges
54 posts
Bitfinex Ends Tether Loan Saga with $550 Million Repayment
Cryptocurrency exchange, Bitfinex has allegedly paid back another $550 million to Tether, now covering more than 100 percent of its $750 million loan facility they took out two years ago.…
OKCoin to Integrate Bitcoin’s Lightning Network This Quarter
Cryptocurrency exchange, OKCoin is pushing further for mainstream adoption of the Lightning Network, which was introduced earlier in 2018 to solve Bitcoin’s scalability problem. The global platform said today in a…
Coinbase Has 43 Million Users, $90 Billion in Platform Assets
Coinbase, the most popular US platform to buy and sell cryptocurrencies, has revealed that it had an explosion of incoming capital in 2020. Its assets on the platform currently stand…
Europe’s Largest Crypto Asset Manager Launches Bitcoin ETP on SIX
Europe’s biggest digital asset management firm, CoinShares announced today that the company has launched a new Bitcoin exchange-traded product (ETP) on the Swiss Stock Exchange, SIX. The crypto asset manager…
Huobi Taps BLINC Network for Instant Fiat-Crypto Settlement
Huobi, a former ‘big three’ platform, has become the latest cryptocurrency exchange to go live on BLINC, a real-time payments network that allows zero transaction fees across fiat and digital…
Binance Announces $10 Million Compensation Plan
Binance announced that it has made a decision to compensate its users who lost money during the attack on DeFi project, Cover Protocol earlier this week. Hackers minted an unlimited…
Huobi Secures Nevada Trust Company License
Huobi Technology, a Hong Kong-based company acquired by Huobi Group, announced today that its wholly-owned subsidiary Huobi Trust Company has gained a license from the Financial Institutions Division of the…
EXMO Exchange Hacked, All Withdrawals Stopped
EXMO exchange, the UK-based crypto platform, announced on Monday that it has been hacked causing all withdrawals from the exchange to be halted. According to a statement on the EXMO…
Crypto.com Receives an Australian Financial Service License
Crypto.com, a cryptocurrency exchange and debit card provider announced today that it has secured an Australian Finance Service License (AFSL) in order to issue cards to Australian residents. The recent…
OKCoin Confirms Normal Operations during Founder Arrest in China
Cryptocurrency exchange OKCoin has assured users that its operations and services, including deposits, withdrawals and trading are operating normally after its founder Mingxing Xu, also known as Star Xu, was…