Crypto Exchange

After a brief and jarring freeze of funds on Binance, users may once again withdraw their Bitcoin from the exchange. However, users with pending withdrawals from before the pause will have to resubmit their requests. In a tweet on Monday morning, Binance announced that it had temporarily suspended BTC withdrawals on the Bitcoin network. This was reportedly due to a “stuck on-chain transaction,” which the exchange needed to actively solve. The event caused a stir among the crypto community, who…

Binance Labs, the venture capital arm of leading crypto exchange Binance, has closed a $500 million investment fund. Binance announced this news today, noting that the investment fund attracted renowned investors like DST Global Partners and Breyer Capital. Several unnamed equity funds, family offices, and corporations also participated in the fund as limited partners. According to the announcement, the $500 million will go toward funding the expansion of the applications of cryptocurrencies. Additionally, Binance Labs aims to use the money…

Major cryptocurrency exchange, FTX Exchange, has kick-started an initiative to provide support to financially disadvantaged individuals and households in Chicago.  The exchange revealed its supportive plans during its grand opening of a new headquarters in the populous city of Chicago. FTX Expansion to the US The Bahamas-based FTX Exchange recently founded a subsidiary in the United States, dubbed FTX.US. The initiative was officially announced at the inauguration of the exchange's headquarters in Fulton, Chicago. While it is commendable enough FTX…

Singapore-based crypto exchange, Bybit, has completed a $50 million deal with F1 giant, Red Bull Racing. Prior to the multi-year partnership with Bybit, Red Bull signed a $300 million deal with the software firm Oracle a week ago. Bybit’s recent deal however goes down as the biggest yet between a crypto and sports entity in history, on a per-year basis. Bybit was founded in 2018 and has rapidly grown to command more than six million active users globally. Its COO…

The United States Securities and Exchange Commission (SEC) is reportedly looking into Binance.US. Binance.US is the American division of the world’s biggest crypto exchange. At writing, the SEC’s major objective during its rumored probe is to discern Binance.US’s relationship with two trading companies, Merit Peak Ltd and Sigma Chain AG.  The aforementioned companies provide liquidity for Binance in exchange for the spread on executed trade orders. Documents dating back to 2019 connect Binance CEO Changpeng Zhao to both trading firms.…

While the regulatory world proceeds on different and disconnected paths, Brazil represents one of the most attractive markets for crypto exchanges. Several macroeconomic and legal factors are creating an optimal environment for these companies. This article will provide a general overview of the topic, including the main aspects attracting crypto exchanges' attention. Finally, we will report the views of some of the world's leading businesses on Brazil and its future in the crypto universe. The stablecoin mania 2021 was a…

Investing in crypto is not as complex as most people think. So if you’re curious and optimistic about the rise of crypto, there is no reason to hold back and dive into it. Remember, it is normal for beginner investors to get caught in the cobweb of endless crypto exchanges. As a beginner investor, your objective should focus on the best crypto exchanges to make the right investment decisions. Whether it’s Bitcoin or Ethereum, cryptocurrencies remain at the forefront in…

Traders are very fond of investing in cryptocurrencies, as the market has shown in recent years. However, often those who approach this world have a low level of investment experience, so it is necessary to pay attention to the choice of trading method. There are several ways to trade cryptocurrencies, from specialized exchanges to financial brokers. Today's article will discuss the latter category, highlighting the main factors one must observe to choose a good crypto broker. Given many operators on…

In the Netherlands, law enforcement agencies have arrested a Russian crypto entrepreneur. Allegedly, the individual takes part in two established cryptocurrency exchange platforms. Upon U.S. law enforcement’s request, the apprehension came into effect. The arrest of the Russian cryptocurrency exchange founder became major crypto news in no time. Denis Dubnikov co-founded crypto exchange platforms Eggchange and Cayote Crypto. After the arrest on November 1 in Amsterdam, the Russian Foreign Affairs Ministry decided to confirm the news. Meanwhile, the report was…