Tag: exchange

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BitMex denies CFTC and DoJ allegations, says trading will continue

Despite criminal charges from the DOJ and at least one arrest of its leadership, Bitmex promises to continue operating as usual. In a blog post published Thursday afternoon, Bitmex lashed out at charges that the Commodity Futures Trading Commission and Department of Justice filed against the exchange and its management earlier today. Bitmex’s statement claimed that “From our early days…
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Gemini crypto exchange adds shielded withdrawals for privacy coin Zcash

“Regulators can get comfortable with privacy-enabling cryptos,” Gemini says. Gemini, a cryptocurrency exchange founded by the Winklevoss twins, aims to improve user privacy with a major privacy token, Zcash (ZEC). Starting Sept. 29, Gemini will support shielded withdrawals of ZEC, which allows users to hide their transaction data. Gemini representatives said that the new feature…
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Not your keys, not KuCoin’s: Red flags ignored

A dizzying lack of transparency as the crypto exchange is hacked and $150m in customer funds goes missing Back in April of 2020, Cointelegraph took a close look at the KuCoin cryptocurrency exchange. Investigating the apparent lock of the primary domain name, which was a result of a legal case under the jurisdiction of the…
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PayPal integration bridges fiat-crypto gap for bitFlyer Europe users

bitFlyer Europe has added one more fiat deposit option. The European subsidiary of bitFlyer, one of the largest Japanese cryptocurrency exchanges,has integrated PayPal deposits to their platforms. The official announcement calls bitFlyer’s integration with the internet payment giant a significant move in bridging the gap between the fiat and cryptocurrency world for European users. While…
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South Korean police seize Bithumb shares in third raid this month

The plot thickens as Bithumb director’s shares are seized after he had applied for the seizure of the chairman’s shares. South Korea’s largest cryptocurrency exchange Bithumb has been raided by the Seoul Metropolitan Police for the third time this month, according to a report in a local media outlet.  During the Sep. 16 raid, police…
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Uniswap and automated market makers, explained

Decentralized exchanges such as Uniswap have now become popular thanks to automated market makers, but what does it all mean? What are the risks and limitations of AMMs? Bugs, improper pricing and impermanent loss Despite some positive qualities, AMMs present certain risks and limitations. Hacks and vulnerabilities have already affected exchanges such as Uniswap and…
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The Importance of Developing the Decentralized Finance Space

Developing the DeFi space is perhaps the most important task that lies ahead for the crypto community in the coming years. The rapid growth of the decentralized finance space, the rise in demand, the improvement of its protocols, and the breadth of offered services and opportunities will provide retail users with the options they are…
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A New DeFi Exchange Says It Has Solved An Industry-Wide Problem

This exchange aggregator thinks it can do better than the exchanges it aggregates. Decentralized exchange aggregator 1inch.exchange has launched its own DEX. As part of their efforts, they promised to fix two major issues with this type of exchange — front-running and impermanent loss. Announced on Tuesday, the Mooniswap exchange is an automated money market,…
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Blockchain-Based Smart City Project LImestone Plans for Token Listing

A Singapore blockchain-based smart city project in the Cambodian capital wants to list its native token on a crypto exchange. Limestone Network, a Singapore-based blockchain project for building smart cities, has announced on July 23 it will list its native token-LIMEX on Bitrue crypto exchange for trading.   According to the report, LIMEX will integrate an…
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Building Empires: Biggest Crypto Exchanges Push for Global Presence

Crypto exchanges such as OKEx, Binance, Huobi, Kraken and Bitmex outline the key challenges they face in pushing to establish global operations. Cryptocurrency exchanges have an important role in driving adoption around the world, but even the biggest operations face significant challenges when trying to expand their services. The advent of Bitcoin (BTC) and the…
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