CRYPTOCURRENCY EXCHANGE
An exchange that allows users to process cryptocurrency and cryptocurrency-related instruments transactions, such as buying, selling, depositing, and withdrawing their assets. There are usually two main types of exchanges available at present, one type that allows users to exchange their fiat currencies for cryptocurrencies and another that only allows users to exchange cryptocurrencies with other cryptocurrencies. Exchanges can also be either centralized or decentralized, depending on the custody and the amount of control the operator of the exchange can exercise on the transactions.
Bitvavo Rejects DCG's 70% Debt Repayment Offer
DCG's partial debt repayment plan was rejected by Bitvavo. The Dutch crypto exchange said it has adequate resources to keep servicing consumers. On Jan. 10, Cameron Winklevoss publicly accused DCG CEO Barry Silbert of fraud.
Bankman-Fried May Plead Next Week Before Judge Lewis Kaplan In NY Federal Court
Former FTX CEO Sam Bankman-Fried will appear in court on January 3. He faces two wire fraud charges and six conspiracy charges for the FTX bitcoin exchange crash. His close circle at FTX and Alameda Research pled guilty and cooperated.
Gate.io Closer To US Debut Following Local Licensing
Gate US, the U.S. branch of Gate.io, the fourth biggest cryptocurrency exchange by trading volume, claims it has operating licenses in multiple jurisdictions. Gate US would not specify what states it has gotten permits from but stated it is not accepting consumers from the nation at this time. It joins other top US exchanges by volume including Binance US and Gemini.
Crypto Exchange Gate.io Floats its Payment Solution Dubbed Gate Pay
Gate.io has launched its own crypto payment gateway dubbed Gate Pay
Scammers Put Gate.io users at Risk as Exchange's Twitter Account Gets Hacked
Gate.io hacked Twitter account appears to be promoting a fake giveaway of 500,000 USDT, putting users at risk of losing funds.
FTX Boss Is Rethinking On $1B Political Donation, Calls It A Slip of Tongue
Democratic cryptocurrency exchange founder Sam Bankman-Fried said in the past that he could spend a record $1 billion in the 2024 US election.
CoinCorner Partners with Al Maktoum Family Office to Offer BTC Trading in UAE
CoinCorner has inked a strategic partnership with the Seed Group to offer residents of the United Arab Emirates an avenue to transact in digital currencies.
Fidelity, Schwab, Citadel Securities Launch New Crypto Exchange EDXM
The launch of crypto exchange EDX is the latest evidence Wall Street continues entering the digital asset markets despite the crypto winter.
Former CFTC Commissioner Joins FTX.US Board
FTX.US, the United States subsidiary of FTX Derivatives Exchange, has announced the appointment of Jill Sommers to its Board of Directors
FTX US Acquires Clearing Firm Embed, Enhancing its Stock Offerings
FTX US has announced the acquisition of Embed Financial Technologies Inc., including its wholly-owned subsidiary Embed Clearing LLC for an undisclosed sum.