Major exchange OKEx suddenly suspended crypto withdrawals while one its key custodians cooperates with an investigation, shaking the crypto markets
Cryptocurrency Exchange News
Cryptocurrency exchanges are an integral part of how people and institutions access Bitcoin (BTC) and other digital assets, yet these services didn’t arrive until over a year after Bitcoin’s launch.
In the early days, the predominant means of acquiring Bitcoin was by either mining or direct, peer-to-peer exchange. When the first crypto exchange, BitcoinMarket.com, launched in spring 2010, people could finally access the burgeoning cryptocurrency industry without technically demanding mining, risky P2P deals or the critical responsibility of key management.
Cryptocurrency exchanges can be incredibly lucrative, daunting, risky enterprises, as they navigate a rapidly maturing industry, shifting regulatory frameworks and adversaries looking for any vulnerability.
Nevertheless, exchange platforms will continue to be critical to the industry, as they provide the primary bridges between the world of fiat and the world of crypto.
Crypto needs insurance too.4673
The Nasdaq-listed company is moving ahead with its ambitious expansion plan.4313
The Mt. Gox trustee rehabilitation plan is purportedly coming in mid-December.4712
The Bitcoin ecosystem continues to be dominated by a handful of platforms and companies.8992
Crypto.com’s five million user milestone has been overshadowed by 70% reduction in staking rewards for its native CRO token.5123
The post-BitMEX trading arena is not skewed to selling despite BTC/USD nearing $11,500, CryptoQuant data shows.13928
BitBay went down at approximately 4:28 PM UTC today.9472
Gemini crypto exchange is streamlining fiat currency wire transfers for British clients.5853
The hire comes after BitMEX's founders were charged with failing to prevent money laundering and operating an unregistered trading platform illegally in the United States.4273
More regulation is coming, and it will be costly, but compliance can also expand an exchange’s customer base.15799
October has been a dramatic month for the top brass of BitMEX crypto derivatives exchange, whose founders face multiple charges from U.S. authorities.6183
Coinbase CEO Brian Armstrong publishes further details about his company's changing landscape.20269
The Bitfinex hackers have moved thousands of Bitcoins in 2020.4328
BitMEX's operator has allocated new leadership roles with immediate effect.6438