FTX vexed by futures manipulation lawsuit for ‘sparking cascade of trades’ LeapRate

November 06, 2019 BY Valentina Kirilova

FTX vexed by futures manipulation lawsuit for ‘sparking cascade of trades’

FTX, a cryptocurrency derivatives exchange owned by Alameda Research, is facing a $150 million lawsuit over deceptive market manipulation tactics on the Binance exchange, while also being accused of selling unlicensed securities in the U.S. The plaintiff, Bitcoin Manipulation Abatement LLC, is already making a name for itself, due to this litigation, which demands $150…

October 18, 2019 BY Valentina Kirilova

Archax selects R3’s Corda platform for digital exchange DLT infrastructure

London-based institutional digital securities exchange, Archax has announced that it has teamed up with R3. The exchange will use R3’s Corda Enterprise platform to build its post-trade infrastructure to reduce friction in the post-trade process, as well as to handle post-trade activities on a distributed ledger. Archax' application to operate a multilateral trading facility (MTF)…

October 11, 2019 BY Valentina Kirilova

xCrypt ecosystem launches Digital Asset Exchange

xCrypt ecosystem has just announced that it has launched the final version of the xCrypt - Digital Asset Exchange for the trading of virtual assets. Digital assets will be stored in cold wallets embedded with extra security measures such as multi-signature systems and two-step authentication. The xCrypt exchange is a fully regulated exchange platform that…

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

October 09, 2019 BY Valentina Kirilova

Binance moves to comply with FATF rules by collaborating with Coinfirm

Binance, the world’s largest crypto exchange by volume, is back in the news again, but not to announce a new product line or special feature for its global client base. This time around, the company is proud to proclaim that it will lead the industry in its efforts to comply with the stringent proposals of…

Coinbase crypto exchange expands custodial services in Asia market

September 24, 2019 BY Valentina Kirilova

Coinbase actively considering expansion of current offerings to 70 tokens

Coinbase, the largest crypto exchange in the United States, announced on its blog that it is considering an expansion of its current offerings by 17 token projects, none of which are presently listed on any exchange. According to Bitcoinerx: Only 53 of the 2880 assets listed on CoinMarketCap are available to exchanges across the Coinbase…

September 24, 2019 BY Valentina Kirilova

Bakkt exchange goes live, but reception is lacking – Bitcoin below $10,000

Ho-hum. The Bakkt exchange finally opened its doors, after thirteen months of built up anticipation, but there was no avalanche of institutional orders, no fanfare, only a plethora of articles in the press asking where was everyone hiding? The first transaction was for one BTC, pegging the price at $10,115. Another 17 BTC of orders…

September 16, 2019 BY Mariela Naydenova

Bitcoin price skyrockets to $12,000 - only on Kraken due to a glitch

Bitcoin's price is currently around $10,300 at the time of this writing - but not everywhere, it appears. On Kraken, Bitcoin was trading for $12,000 per coin due to an order matching glitch that the exchange has identified to be the reason for the abnormally high price of the coin. The bug was first noticed…

September 13, 2019 BY Valentina Kirilova

As the Bakkt launch date nears, details appear and speculation abounds

Crypto enthusiasts have been waiting a year for the launch of the Bakkt exchange, the brainchild of the Intercontinental Exchange (ICE), the owner and operator of the New York Stock Exchange (NYSE). Circle September 23rd on your calendar as the official “Go Live” date, but the lead up has included required deposits and beta testing…

September 13, 2019 BY Valentina Kirilova

Binance, the crypto exchange powerhouse, is to open Binance US soon

Binance, the world’s largest crypto exchange by volume, has had an incredible growth story since 2017, setting up exchanges across the globe and moving its headquarters to the crypto receptive market of the Republic of Malta. The amazing part of this unique storyline, however, is that it has made its achievement without ever having to…

September 12, 2019 BY Valentina Kirilova

London-based Nickel Arbitrage Fund raises $50 million for crypto fund

London-based hedge fund, Nickel Asset Management, has spotted an opportunity in the market, devised a strategic plan, raised $50 million for the project, and will soon introduce the Nickel Arbitrage Fund. The sole purpose of this new fund will be to take advantage of various arbitrage situations across the Crypto-verse. According to its release, the…

Category: Exchange