Category: Crypto Exchange

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CME Bitcoin Trading Product Records Show Institutional Participation Uptick

The Chicago Mercantile Exchange, or CME, recently saw record Bitcoin trading numbers in multiple categories. Mainstream market exchange, the Chicago Mercantile Exchange, or CME, recently posted record numbers for its Bitcoin (BTC) trading products.  May 14 yielded open interest of 10,792 Bitcoin futures trading contracts at CME, totalling 53,960 BTC — an all-time high for…
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OKEx Exec Calls Binance’s CoinMarketCap Ranking ‘Shameless’

OKEx’s chief strategy officer does not agree with CoinMarketCap’s recent exchange ranking changes, calling the site “dead.” OkEx chief strategy officer, Alysa Xu, called out crypto data site CoinMarketCap, or CMC, for its recent exchange ranking rationale, proclaiming the platform dead.  “Fairness and justice are the basis of all rankings,” Xu said in a May…
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Crypto Exchange Bitfinex Unveils Anti-Manipulation Tool ‘Shimmer’

Cryptocurrency exchange Bitfinex deployed its proprietary market surveillance tool to combat market abuse on the platform called “Shimmer.” Cryptocurrency exchange Bitfinex deployed its proprietary market surveillance tool to combat market abuse on the platform called “Shimmer.” According to an announcement shared with Cointelegraph on March 24, Shimmer is meant to identify and investigate possible manipulative…
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UK High Court Orders Freeze on $1M of Bitcoin in Ransomware Case

A UK high court imposed a proprietary injunction on Bitcoin paid as ransom in a ransomware attack. A United Kingdom High Court ordered a proprietary injunction on Bitcoin (BTC) obtained through a ransomware attack on a Canadian insurance company. A proprietary injunction is an order which prevents a person from dealing with their own assets…
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Binance CEO Suggests Crypto Exchanges Are Safer Than Keeping One’s Keys

Binance CEO and co-founder Changpeng Zhao suggested that, for most, keeping crypto assets on an exchange is safer than keeping the keys themselves. Changpeng Zhao, the co-founder and CEO of cryptocurrency exchange Binance, suggested that for most, keeping crypto assets on an exchange is safer than keeping the keys themselves. Zhao gave his comments in…
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Payments Giant Visa Acquires Fintech Firm Plaid for $5.3 Billion

Payments behemoth Visa has acquired financial technology firm Plaid for $5.3 billion to better connect with fintech applications. Payments behemoth Visa acquired financial technology firm Plaid for $5.3 billion, according to a press release published on Jan. 13. Per the release, Plaid has developed a network that allows users to easily connect their financial accounts…
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Coinbase Phases Out Earn.com, Doubles Down on Coinbase Earn

Cryptocurrency exchange Coinbase plans to shut down its acquired learning platform Earn.com to focus on Coinbase Earn. Cryptocurrency exchange Coinbase plans to shut down cryptocurrency learning platform Earn.com in favor of its in-house developed counterpart Coinbase Earn. Industry news outlet The Block reported on Dec. 22 that Coinbase announced in an email to its customers…
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Crypto Exchange OKEx Launches Bitcoin Futures Margined With Tether

Cryptocurrency exchange OKEx announced the launch of its Tether-margined Bitcoin futures contracts. Cryptocurrency exchange OKEx has launched Bitcoin (BTC) futures contracts that are margined with the Tether (USDT) stablecoin. OKEx announced the new offering in a press release on Nov. 14. OKEx first announced its intention to launch USDT-settled futures trading with up to 100x…
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Tron Founder Justin Sun Admits Investment in Crypto Exchange Poloniex

Tron founder Justin Sun admitted to being one of the investors that recently acquired cryptocurrency exchange Poloniex from financial technology firm Circle. Tron (TRX) founder Justin Sun admitted to being one of the investors that recently acquired cryptocurrency exchange Poloniex from financial technology firm Circle. Sun said he was one of the investors who acquired…
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EToro’s Platform EToroX Lists Dash and Seven Stablecoins

eToroX, the digital asset platform of social trading platform eToro, announced the listing of privacy coin Dash and seven stablecoins. EToroX, the digital asset platform of social trading platform eToro, announced the listing of privacy coin Dash and seven stablecoins in a press release published on Nov. 12. Per the release, eToroX users can now…
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