LMAX Digital celebrates its first two years of operation with $85 billion crypto traded LeapRate

May 19, 2020 BY Steffy Bogdanova

LMAX Digital celebrates its first two years of operation with $85 billion crypto traded

Mercer continued: We have been impressed by the resilience of crypto currencies, particularly Bitcoin, and note that they have been relatively stable compared to other asset classes which have enjoyed central bank intervention and still shown extreme levels of instability. We see this as an encouraging sign that investors are starting to place more value…

May 18, 2020 BY Steffy Bogdanova

Koine obtains in-principal approval from the Abu Dhabi Global Market

Hugh Hughes, Chairman and CEO at Koine, commented: The Koine model has always been one built upon the fundamental importance of good governance. This is the only way to attract institutional capital into the digital asset market, unlocking the huge, industry wide benefits that come with it. Delivering best practice and regulatory compliance for our…

May 18, 2020 BY Steffy Bogdanova

Huobi Group rebrands its derivatives exchange to Huobi Futures

Spokesperson and the Head of Huobi Global Business, Ciara Sun, said: The last few quarters have been particularly exciting for the crypto derivatives market, but I'm more excited that the increased activity we're seeing today may be a catalyst for widespread crypto adoption. Rising demand for crypto derivatives from both institutional and retail user bases…

May 13, 2020 BY Steffy Bogdanova

Bitfinex teams up with Koine to launch institutional grade custody solution

Bitfinex offers the provision of algorithmic trading to its clients and through is collaboration with Koine, delivers a trading environment for institutional investors. It also provides fund managers with a separate custody solution while also maintaining continuous ownership throughout the trade lifecycle. With cross-venue operation and real-time settlement, with cleared funds, algorithmic traders can dramatically…

May 13, 2020 BY Steffy Bogdanova

JPMorgan to offer services to bitcoin exchanges Coinbase and Gemini

The multi investment bank is providing cash-management and dollar-based transaction services for the two exchanges’ US customers, as well as processing wire transfers and deposits and withdrawals using an electronic funds-transfer system. Coinbase and Gemini’s customers will be able to move money between their cryptocurrency accounts and their traditional bank accounts with the transactional services…

Crypto markets between a rock and a hard place

May 07, 2020 BY Valentina Kirilova

Why you should consider different cryptocurrency exchanges before making a decision

Robustness Of The Cryptocurrency Exchange Platform Exchange platforms that don’t innovate often are those that allow you to register even without anti-money laundering measures like KYC or know-your-customer guidelines. That means you can usually register using only an email and password. When it comes to structural robustness, one can easily find out how well a…

May 04, 2020 BY Steffy Bogdanova

Crypto exchange Kraken adds 11 new conversion pairs

Previously, converting Bitcoin Cash (BCH) to ETH on Kraken took two different trades and with the new BCH/ETH conversion pair, it can be done directly. The new addition expands Kraken’s total number of trading pairs to 155, including more traditional FX trading pairs Kraken launched about six weeks ago. The exchange added the new pairs…

April 29, 2020 BY Valentina Kirilova

BitMex exchange to shutter Japanese service due to regulatory changes

The FIEA also included one other important change that would impact BitMex. The sale and use of crypto derivatives, currently 80% of trading activity in Japan and the primary product offering of BitMex, would suddenly fall within the purview of the FIEA. Up to now, the Wild-West atmosphere promoted by crypto option providers has existed…

Binance seeks to curb SEC’s hunt for “fraud”

April 10, 2020 BY Valentina Kirilova

Binance accused of alleged embezzlement of $860K by Ukrainian national

Copies of South Korean correspondence were also shared with Ukrainian Police officials, when they investigated the owner’s complaint in April of 2019. According to reports from the Bitcoinist: The company explained the incident and was told that no further assistance was needed, suggesting that the agency was satisfied with the explanation.” The owner of the…

March 20, 2020 BY Steffy Bogdanova

Trading platform Bitfinex launches $280m crypto hedge fund Fulgur Alpha

Last week, crypto exchanges BitMEX and Gemini went offline for a short period during the market turbulence. The markets saw a plunge of bitcoin by 50 percent. During that time Bitfinex was able to process trading volumes of more than $1billion. Delchain Limited, licensed provider of custody, banking, capital markets an initial offering advisory solution…

Category: Exchange