Exchanges
Thai SEC seeks clarification from Zipmex on withdrawal freeze
In a now deleted stated, Zipmex said its exposure to Babel Finance was $48 million while that to Celsius Network was $5 million.
Monica Noronha 2 min read
Exchanges News
Read crypto exchange news, listing updates, security incidents, trading volume shifts, and platform strategy across global markets.
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Regulation
Gemini becomes Ireland’s first approved Virtual Asset Service Provider
US-based crypto exchange Gemini expands into Europe as it receives an additional license from the Central Bank of Ireland.
Investments
FTX in talks to raise funds amid spending spree to prevent contagion
FTX and its US division are reportedly seeking to raise new funds at the same valuation of January, 2022.
Latest Exchanges News & Analysis
Exchanges
Crypto exchange Zipmex halts withdrawals citing market volatility
Recent market turmoils and the resulting financial problems of key business partners led Zipmex to halt withdrawals, the firm said.
Regulation
Crypto.com, Coinbase secure approval from Italian regulator
US-based crypto exchanges Coinbase and Crypto.com have received regulatory approval from Organismo Agenti e Mediatori (OAM) to continue serving the Italian Market
Exchanges
Gemini eyes further staff cuts to control costs amid crypto winter
Reportedly, crypto exchange Gemini is going for the second round of layoffs by firing 15% of staff to further cut costs.
Exchanges
Glassnode data shows Binance’s Bitcoin holdings surpass Coinbase
Coinbase in the last seven days had recorded over 10,000 outflows in its Bitcoin holdings while Binance recorded around 20,000 inflows.
Exchanges
Binance fined €3.3 million in Netherlands for unlicensed operations
Binance has objected to the fine imposed by the Dutch central bank despite the regulator slashing it by 5%.
Bankruptcy
Bankruptcy lawyers believe Celsius customers may have to wait years for settlement
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.
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Exchanges
$248M stablecoins flow out of Coinbase as community refutes exchange liquidity issues
Trading
Crypto trading volume plunges to 18-month low, Coinbase feels the pinch
Lending
CoinFLEX to enable 10% withdrawals from July 15
Legal
