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Crypto Trading Crucial to Virtual Asset Ecosystem, Says Hong Kong SFC Chief
25.6.2023
Cryptocurrency trading is an important part of the virtual asset ecosystem, according to Julia Leung Fung-yee, CEO of the Securities and Futures Commission (SFC) of Hong Kong.
In a recent speech, Leung said the city-state recognizes the importance of crypto trading, adding that it welcomes...
Crypto trading is an important part of the virtual asset ecosystem, says Hong Kong's SFC chief
24.6.2023
According to the CEO of Hong Kong's Securities and Futures Commission, Julia Leung Fung-yee, incorporating virtual assets into the regulatory system was crucial after FTX bankruptcy
Binance US Restores USD Withdrawals, Suggests Users Withdraw or Spend Their Dollars
23.6.2023
The U.S. subsidiary of the world’s largest crypto exchange, Binance, announced it has resolved the issues with U.S. dollar (USD) withdrawals. The trading platform, which recently averted an asset freeze sought by the United States Securities and Exchange Commission (SEC), informed customers...
Binance Launches Regulated Crypto Exchange in Kazakhstan
23.6.2023
Licensed since last year, the world’s largest digital asset exchange, Binance, has now launched a trading platform in Kazakhstan. The move comes amid increased pressure from regulators in other jurisdictions, like the U.S., and after Binance’s decision to pull out of several European markets....
BitMEX CEO Suggests Crypto Exchanges Should Eliminate Internal Market Makers – Here's Why
22.6.2023
BitMEX CEO Stephan Lutz has stated that crypto exchanges do not need to run internal market makers after it was revealed Crypto.com has internal trading teams that trade crypto.
The revelation raised concerns about a potential conflict of interest at Crypto.com.
In an interview with The Block...
Keone Hon, CEO of Monad Labs, on High Frequency Crypto Trading, L1s, L2s, and Security | Ep. 239
16.6.2023
In an exclusive interview with cryptonews.com, Keone Hon, CEO and Co-founder of Monad Labs, talks about the relationship between HFT and crypto trading, security on the Monad blockchain, and scaling blockchain tech at the L1 level....
Read More: Keone Hon, CEO of Monad Labs, on High Frequency...
Crypto Trading Volumes Drop in Q2 to Yearly Lows
15.6.2023
Bitcoin, the world’s largest cryptocurrency, lost the most market share of trading volume in the second quarter of this year
Crypto trading bot borrows $200M for a $3 gain
15.6.2023
One community member praised the bot saying that "profit is profit" while another said that the event highlights how bad the bear market is
Judge Postpones Asset Freeze as Binance US and SEC Agree to Work on Deal
14.6.2023
A judge in Washington decided to give Binance US and the Securities and Exchange Commission (SEC) time to work out a deal to avoid the freezing of the exchange’s assets. The two sides are close to an agreement that will protect customer funds without paralyzing the crypto trading platform. Crypto...
Former SEC Chief Warns, “Get Out Of Crypto Platforms Now” -What’s Going On?
12.6.2023
Former Enforcement Division chief of the U.S. Securities and Exchange Commission (SEC), John Reed Stark, came up with a warning in his Tweet on June 8, 2023. The warning came directly with the label "Get out of crypto platforms now."
Following the SEC's actions against Coinbase and Binance, Stark...
Robinhood Reports 68 Percent Decline in Crypto Trading Compared to 2022
12.6.2023
Robinhood Markets Inc. reported on Monday that crypto trading plummeted 68 percent compared to the previous year.
Crypto trading was close to $2.1 billion in May 2023 compared to $6.6 billion just a year before, the mobile focused brokerage firm said in its report on monthly operating data. ...
Crypto trading is proven addictive; Avorak Trade helps keep mental stability
12.6.2023
For many people, the world of crypto trading has proven to be incredibly addicting. Market dynamics are constantly shifting, and the ongoing appeal of possible rewards makes it easy for traders to become captivated by the thrill and uncertainty. Let’s examine how Avorak Trade, a reliable trading...
Robinhood’s May Crypto Trading Volume Falls 68% to $2.1B
12.6.2023
The trading platform recently delisted three tokens that were classified as securities in the SEC's lawsuit against Coinbase and Binance
Founder of SEC Office of Internet Enforcement Warns of Upcoming Regulatory Siege: ‘Get Out of Crypto Platforms Now’
10.6.2023
John Reed Stark, founder and former chief of the Office of Internet Enforcement of the U.S. Securities and Exchange Commission (SEC), has warned about a new regulatory “siege” against crypto platforms. Reed Stark believes that “crypto trading platforms are high-risk, perilous,...
Biggest Bank in Australia to Limit Transfers to Crypto Exchanges
9.6.2023
Commonwealth Bank of Australia plans to restrict payments to crypto trading platforms, citing the threat of scams. The measure would deal another blow to digital asset exchanges operating in the country where it has been getting harder to deposit funds for cryptocurrency operations. Crypto Traders...
CEX trading volumes fell to 4-year lows even before Binance, Coinbase suits
8.6.2023
Monthly trading volumes on centralized exchanges continued to fall in May as regulators tighten their grip on the industry
Bitcoin Trading at Premium on Binance US Amid SEC Lawsuit and Asset Freeze Motion
7.6.2023
As of June 7, 2023, recent data reveals that the value of bitcoin (BTC) is experiencing a premium on the Binance US exchange. The statistics show that on the American crypto trading platform, BTC is trading almost $400 higher for those utilizing the BTC/USD pair. Binance US Witnesses Bitcoin...
yPredict Raises $2 Million for Making AI Crypto Trading Easy – 100x Potential in 2023?
2.6.2023
In the ever-expanding arena of crypto markets, the rules of the game have evolved beyond recognition - no longer does longevity in the market guarantee dominance or gains.
Today, the winners are those who ride the crest of innovation, adeptly navigating the shifting tides of a rapidly changing...
Hackers Breach Nigerian Crypto Trading Platform — BTC and Naira Assets Compromised
29.5.2023
The Nigerian gift card and crypto trading platform, Patricia, announced on May 26 that one of its trading applications had been breached and that BTC as well as naira assets were compromised. The crypto exchange platform said it has since suspended withdrawals and is presently “undergoing...
Binance Launching New Crypto Trading Platform in Japan This Summer to Comply With Regulations
29.5.2023
Global cryptocurrency exchange Binance says it has created a new crypto trading platform for Japan residents that will be available this summer. The new exchange will fully comply with Japanese crypto regulations and will offer trading of a limited number of tokens initially, according to...