Read crypto exchange news, listing updates, security incidents, trading volume shifts, and platform strategy across global markets.
FTX and its US division are reportedly seeking to raise new funds at the same valuation of January, 2022.
Oluwapelumi Adejumo 1 min read 
Recent market turmoils and the resulting financial problems of key business partners led Zipmex to halt withdrawals, the firm said.
US-based crypto exchanges Coinbase and Crypto.com have received regulatory approval from Organismo Agenti e Mediatori (OAM) to continue serving the Italian Market
Reportedly, crypto exchange Gemini is going for the second round of layoffs by firing 15% of staff to further cut costs.
Coinbase in the last seven days had recorded over 10,000 outflows in its Bitcoin holdings while Binance recorded around 20,000 inflows.
Binance has objected to the fine imposed by the Dutch central bank despite the regulator slashing it by 5%.
The lack of legal precedent, on-going lawsuits, and the complexities of a Chapter 11 bankruptcy mean Celsius users may face a long process to recover deposits.
Rumors of Coinbase having a liquidity crisis have been refuting by the community as outflows vary in a nervous crypto market.
Derivatives and spot trading volumes have fallen by over 15% since May across top crypto exchanges.
