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.
KuCoin Faces $2M Unpaid Award Over Delisted CHP Token Dispute
KuCoin has yet to comply with a $2M Seychelles court ruling over abandoned CoinPoker tokens, raising questions about token delisting practices.
Crypto.com CEO Demands Probe Amid Historic $20 Billion Crypto Crash
Regulators face mounting pressure to investigate crypto exchanges after a record-breaking $20 billion sell-off, surpassing previous market meltdowns like FTX.
Bitrue Integrates GalaChain for Seamless $GALA Trading
Bitrue has integrated Gala Games' GalaChain, enabling $GALA trading without Ethereum bridges. This partnership offers lower fees, enhanced security, and expanded trading options.
BitMEX Introduces No-Fee Conversion for GOAT Token
BitMEX has launched a no-fee conversion feature for the GOAT token, allowing users to seamlessly exchange Tether for GOAT and vice versa, enhancing trading flexibility.
Binance Announces System Upgrade for Improved Performance and Stability
Binance, one of the leading cryptocurrency exchanges, has announced a scheduled system upgrade to enhance overall performance and stability. During the upgrade, users may experience temporary disruptions in services such as new user registrations, logins, and trading. However, the exchange assures users that their funds will remain secure throughout the process.
OKX Announces Listing of Foxy (FOXY) for Spot Trading
OKX has listed Foxy (FOXY) on its spot trading market, offering traders and investors opportunities to build a vibrant community based on memes.
Binance CEO reportedly made a secret visit to South Korea
Binance CEO Richard Teng reportedly made a secret visit to South Korea to negotiate with financial authorities regarding the "Gopax" issue. The details and outcome of the negotiations are currently unknown.
KuCoin and Founders Charged with Bank Secrecy Act and Money Transmission Offenses
KuCoin, along with its founders Chun Gan and Ke Tang, has been charged with violating the Bank Secrecy Act and operating an unlicensed money transmission business, allegedly allowing its platform to be used for money laundering and terrorist financing.
Hong Kong's SFC Warns Public of Suspected Fraud by Crypto Exchange Bitforex
Hong Kong Securities and Futures Commission (SFC), Bitforex, virtual asset fraud, cryptocurrency exchange, investor protection, suspicious activity, regulatory compliance, user complaints, hot wallet outflows.
Bithumb Designates Velo Protocol's VELO as Investment Cautionary Cryptocurrency
Bithumb designates Velo Protocol's VELO a cautionary cryptocurrency over transparency concerns, halting deposits starting 2/22. Bithumb to reevaluate status in March.