Exchanges

EDX Markets, a prominent institutional crypto exchange, made a splash on June 20, 2023, with its announcement of a partnership with Anchorage Digital. Anchorage Digital, a regulated crypto platform known for its financial services and infrastructure solutions, will serve as the custody provider for EDX’s new clearinghouse division, EDX Clearing. This partnership marks a significant
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BAM Trading, the operating company of Binance U.S., and BAM Management have recently filed a court motion seeking a protective order against the U.S. Securities and Exchange Commission (SEC). The motion claims that the SEC’s information requests have been “troubling and inappropriate.” The SEC has demanded the production of all communications from November 2022 involving
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Coinbase, one of the leading cryptocurrency exchanges, has made its official entry into the Canadian market. To facilitate its expansion, Coinbase has formed a strategic collaboration with Peoples Trust Company, a subsidiary of the Peoples Group. This collaboration introduces Interac payment rails, allowing for seamless Canadian Dollar deposits and withdrawals for Coinbase users based in
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Decentralized exchanges (DEX) on Coinbase’s recently launched layer2 network, Base, have achieved remarkable trading volume within a short span of time. In fact, Base has managed to outperform established layer1 networks such as Cardano (ADA) and others, less than 24 hours after its public debut. This groundbreaking achievement is based on data obtained from DeFiLlama.
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In a shocking development, Ryan Salame, the former co-CEO of FTX’s Bahamas subsidiary, FTX DM, is reportedly in negotiations with federal prosecutors regarding criminal charges related to the collapse of the cryptocurrency exchange. According to Bloomberg’s sources, Salame may plead guilty, although it remains uncertain whether he will choose to testify against FTX’s co-founder and
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In recent days, rumors and speculations about the financial health of cryptocurrency exchange Huobi have circulated, leading to doubts about the platform’s stability and trustworthiness. The situation has been further exacerbated by claims that several Huobi exchange executives have been taken into custody by the Chinese police. These claims, however, have been denied by Justin
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Cryptocurrency exchange Coinbase recently released its Q2 earnings report, revealing significant revenue despite facing overall losses. The report highlighted various financial figures, including revenue, net loss, adjusted earnings, and transaction revenue. Additionally, Coinbase discussed its market performance and future plans. In Q2, Coinbase reported a total revenue of $708 million, which experienced an 8% decline
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