Exchanges

BitMEX slapped with $100M penalty for US Bank Secrecy Act violations

The US Department of Justice announced on Jan. 15 that BitMEX and its parent company, HDR Global Trading Limited, have been fined $100 million...

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South Korea’s crypto volumes spike as Woori eyes over $300 million Upbit exit

Woori Technology, a South Korean venture capital firm, is reportedly considering selling its stake in Dunamu, the parent company of the Upbit crypto...

Binance user base surpasses 240 million as institutional onboarding doubles

Binance, the world’s largest crypto exchange, has exceeded 240 million users globally, according to a Nov. 22 statement shared with CryptoSlate.This number means that...

South Korea links major crypto heist to North Korea, recovers Bitcoin

South Korean authorities have successfully recovered 4.8 Bitcoin (BTC), which was linked to the 2019 hack of the Upbit exchange, local media outlet Yonhap...

Exchange stablecoin ratio hits record low, fueling Bitcoin surge

What is CryptoSlate Alpha?A web3 membership designed to empower you with cutting-edge insights and knowledge, powered by Access Protocol. Learn more ›Connected to AlphaWelcome!...

Binance launches yield-bearing stablecoin BFUSD with roughly 20% APY

Binance has launched BFUSD, a yield-bearing stablecoin for futures and perpetuals traders, according to a Nov. 18 announcement.BFUSD provides an annual percentage yield (APY)...

The FDIC has told banks to refrain from providing crypto services in over 20 cases, Coinbase finds

Coinbase chief legal officer Paul Grewal said that the crypto exchange has discovered over 20 instances where the Federal Deposit Insurance Corporation (FDIC)...

UAE’s M2 crypto exchange hacked for $13.7M, assures full fund recovery

M2, a UAE-based crypto exchange, experienced a significant security breach that resulted in the loss of $13.7 million in digital assets.In a Nov....

Understanding the Methods Crypto Exchanges Use to Create Trading Volume and Its Significance

Digital asset marketplaces, known as cryptocurrency exchanges, serve as hubs for the buying and selling of cryptocurrencies within the ecosystem. These trading platforms not only...

South Korea’s crypto exchange closures lock $13M in investor assets

More than 33,000 crypto investors in South Korea are currently unable to access their assets, which amount to around $13 million, due to...

CME Group International Volume Surges 29%, FX Hits Record High

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Privacy tokens reach highest delisting rate in 2024 — Kaiko

Bittrex to remove the U.S. markets for top privacy coins including Monero, Zcash and Dash Exchanges 4 years agoBittrex announced on Dec. 29 that...

WazirX granted 4-month $230 million debt repayment extension by Singapore court

Since the $230 million hack in July, WazirX has been scrambling to recover the assets and pacify users. The Indian crypto exchange had...

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