Changelly – A Crypto Exchange for Beginners and Experienced Traders

Cryptocurrency exchanges are the platforms where you can buy, sell or trade cryptocurrencies.  There are many different exchanges, but Changelly is one of the best options for beginners and experienced traders. Changelly offers a quick and easy way to exchange cryptocurrencies and has a wide selection of coins available.  Changelly also has a very user-friendly interface, making it an excellent option for those new to cryptocurrency trading. So if you're looking for a crypto exchange platform, check out our review…

OKCoin – An Exchange for Global Cryptocurrency Trading

Cryptocurrency exchanges are digital platforms where users can buy, sell, and trade cryptocurrencies. The first crypto exchanges appeared more than ten years ago, and OKCoin was among them.  Crypto exchanges let users enter the crypto market and provide a way for investors to get involved in the sector. OKCoin is a famous player in this market, and it offers a variety of features. These functionalities make it a well-known choice for both new and experienced investors. What is OKCoin, and…

Korbit – A Popular Crypto Exchange in the Large South Korean Market

In South Korea, the crypto market is growing rapidly, and one of the leading exchanges is Korbit. Korbit has been operating since 2013 and offers a wide range of coins to trade.  The company has its headquarters in Seoul and has millions of users. Today’s review will look more closely into this popular South Korean platform for all our readers. What Is Korbit? Korbit is a website where you can trade different types of cryptocurrency. You can buy and sell…

SBF’s FTX Could Acquire Bithumb Soon Amid Talk of Market Domination

Per several reports, leading exchange FTX and South Korea’s crypto platform Bithumb could be working on a likely acquisition deal. FTX exchange has notably embarked on an accretion spree this year alone, absorbing more than three major companies. New Purchase Speculations Amidst declining market conditions, several crypto companies are struggling to remain afloat. However, despite the downsides of the bear market, it also presents more stable firms with certain opportunities. Those with sufficient fund reserves get the chance to acquire…

Crypto.com Gets Regulatory Greenlight in Cyprus

Singapore-based crypto exchange Crypto.com has secured a license from the Cyprus Securities and Exchange Commission (CySEC). The exchange announced this achievement through a tweet earlier today. [embed]https://twitter.com/cryptocom/status/1550449386253348864?s=21&t=-MgdKJarz3iJ0KxGmqQy3Q[/embed] Through this license, Crypto.com can now offer Cyprus citizens a suite of products and services in a regulated environment. Commenting on this development, Crypto.com CEO Kris Marszalek said: Europe is a priority region for Crypto.com and our continued expansion in the market is a testament to our commitment to compliance and collaboration with…

Korean Prosecutors Raid Seven Exchanges Amid Terra Probe

South Korean prosecutors raided local crypto exchanges on Wednesday, July 20, as part of the investigation on Terraform Labs. Yonhap reported, citing a message from the prosecution office. The raid saw a team of investigators from the Seoul Southern District Prosecutors seize transaction records and other data from seven exchanges. Upbit, Bithumb, Gopax, Korbit, and Coinone are among the raided exchanges. Also, the bust saw the investigators visit eight other residential and office addresses. These include the homes and offices…

FTX Reportedly Seeks More Funding After June Rescue Spending

After a long month of generous bailouts, crypto exchange FTX now eyes fresh funding at a flat valuation. As reported by Bloomberg, individuals familiar the matter say FTX and FTX US are both fundraising. They each chose to remain anonymous as they aren’t authorized to discuss the matter. The firm is targeting a round that is roughly equal to its $32 billion valuation from January, following its $400 million raise in January. FTX US also raised $400 million at the…

Zipmex Halts Withdrawals Amid Rumors of Financial Troubles

Thai crypto exchange Zipmex has indefinitely suspended withdrawals; the exchange tweeted on July 20. According to Zipmex, this pause is due to “a combination of circumstances beyond our control.” Specifically, the exchange mentioned volatile market conditions, which it claims have caused some of its key business partners financial difficulties. According to the tweet, Zipmex decided to suspend withdrawals to maintain its platform’s integrity. [embed]https://twitter.com/zipmex/status/1549699440302166016[/embed] This news comes after Cointelegraph reported that the exchange might be facing financial difficulties. The crypto…

Coinbase Wins the Approval of Italy’s Financial Watchdog

Leading crypto exchange Coinbase has secured a crypto asset service provider license in Italy. The company announced this news through a blog post on July 18. This license will allow the exchange to offer Italians crypto services in a regulated environment. According to the blog post, Coinbase moved to secure the license after Organismo Agenti e Mediatori (OAM) said it would implement new requirements for crypto service providers. Among the new requirements for crypto service providers is securing regulatory approval.…

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