Category: exchange

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JPEX hikes withdrawal fee to almost $1k after Hong Kong watchdog warning

Community members posted reports that the crypto exchange’s staff has abandoned their booth at the Token 2049 event in Singapore after the warning. Crypto exchange JPEX has reportedly increased its withdrawal fee to up to 999 Tether (USDT) after receiving a warning from Hong Kong’s Securities and Futures Commission (SFC). The staff of the exchange…
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Binance US CEO Quits, Crypto Exchange Cuts Third of Jobs

Chief Executive Officer of Binance US, Brian Shroder, has left the company amid an ongoing regulatory crackdown and more job cuts. Shroder’s departure comes two years after he joined the American subsidiary of the world’s largest cryptocurrency exchange by daily trading volume. Shroder Departs Binance US as Unit Eliminates Over 100 Positions The CEO of…
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Liquidity in Crypto Markets Highly Concentrated Among Eight Exchanges

A recent report by crypto researcher Kaiko reveals that crypto trading liquidity is highly concentrated, with eight major exchanges handling almost 90% of the trading volume. Among these exchanges responsible for the vast majority of volume are Binance, Coinbase, OKX, and Huobi, the Kaiko report said…. Read More: Liquidity in Crypto Markets Highly Concentrated Among…
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Crypto Exchange Listing and Delisting Announcements: September 11, 2023

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here. _________________________________________ AscendEXListings:Dork Lord Token (DORKL)… Read More: Crypto Exchange Listing and Delisting Announcements: September…
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FTX Looking to Recover Millions Paid to Athletes and Sports Clubs

Advisers working for FTX have analyzed if some payments made by the failed crypto exchange to sports stars and organizations can be returned. The money went to celebrity athletes, including basketball legend Shaquille O’Neal, and sports teams like the NBA’s Miami Heat and Formula 1’s Mercedes under sponsorship and advertising deals. FTX Advisers Review Payments…
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Coinbase Seeks Expansion in Markets With Clear Crypto Rules Unlike US

America’s leading cryptocurrency exchange, Coinbase, plans to expand its business in jurisdictions that are adopting clear regulations for the sector. These include markets in Europe, Asia and the Americas as opposed to the United States which, the company says, is enforcing existing rules and new regulation through courts. Coinbase Eyes ‘Crypto-Forward Markets’ Like EU, Singapore,…
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Binance Executives for Russia and Eastern Europe Leave Top Exchange

Two Binance executives responsible for the crypto giant’s operations in Eastern Europe and the former Soviet space have left the company. The departures come at a time when the leading crypto exchange finds itself under persisting regulatory pressure and is considering leaving sanctioned Russia. Another 2 Managers Quit Crypto Exchange Binance as Executive Exodus Continues…
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Coinbase Launches Crypto Lending Service for Institutional Investors

Digital asset exchange Coinbase will be offering cryptocurrency loans to institutions in the United States. With the new service, the leading U.S. crypto trading platform seeks to fill the market gap opened by the collapse of companies like Celsius, Genesis, and Blockfi. Crypto Exchange Coinbase Starts Offering Crypto Loans to Institutions Cryptocurrency exchange Coinbase has…
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Top Binance execs in Russia leave as firm considers exiting the market

Binance VP Eastern Europe Gleb Kostarev and CIS Director Vladimir Smerkis have announced they have quit the company. Gleb Kostarev, Binance’s head of Eastern Europe and Russia, took to Facebook on Sept. 6 to announce its departure from Binance. In his Russian-language announcement, Kostarev said that today marks the last day of his long-running work…
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Another Executive Exits Binance Amid Regulatory Scrutiny

Mayur Kamat, head of product at Binance, is leaving the crypto exchange which has seen several executive exits in recent months. His and the other departures coincide with an ongoing regulatory clampdown on crypto business that has placed the leading trading platform for digital assets under increased scrutiny in some jurisdictions. Crypto Exchange Binance’s Global…
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