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Crypto Exchange Huobi Plans to Reverse IPO in Hong Kong

Crypto Exchange Huobi Plans to Reverse IPO in Hong Kong

Cryptocurrency exchange Huobi has reportedly been planning a reverse initial public offering (IPO) according to a document revealed by the Hong Kong Stock Exchange (HKEX).

Crypto Exchange Trading Volumes Hit a Monthly High of $348 Billion in November

Crypto Exchange Trading Volumes Hit a Monthly High of $348 Billion in November

New data by CoinGecko reveals that the monthly trading volumes across crypto exchanges surged to an all-time high of $348 billion in November.

Sparkswap Decentralized Exchange Shuts Down Citing Low User Volume

Sparkswap Decentralized Exchange Shuts Down Citing Low User Volume

The decentralized exchange, Sparkswap which is backed by Pantera Capital has made an announcement that it is going to shut down permanently. The announcement came from the editor of Sparkswap exchange, Trey Griffith who attributed the shutting down of exchange to the low and weak user base of the exchange.

Deribit Dominates CME and Bakkt in BTC Options Volume

Deribit Dominates CME and Bakkt in BTC Options Volume

Existing bitcoin exchange Deribit has bested institutional newcomers CME and Bakkt in terms of Bitcoin option trading volume at the start of 2020.

Canadian Crypto Exchange Shuts Down to Protect Customers

Canadian Crypto Exchange Shuts Down to Protect Customers

In Vancouver, Canada, another cryptocurrency exchange has closed down. This is not the first Canadian based Exchange to encounter problems, with some users losing everything last year when another exchange lost access to private keys.

How is CoinMarketCap Combating Fake Crypto Trading Volumes with its New Liquidity Metric?

How is CoinMarketCap Combating Fake Crypto Trading Volumes with its New Liquidity Metric?

Crypto data aggregator, CoinMarketCap (CMC), held its inaugural large-scale event, The Capital, bringing together leading stakeholders in the blockchain and cryptocurrency space. Held at the Victoria Theatre in Singapore on Nov. 12-13, CMC released its new metrics for assessing liquidity for the industry to solve the problem of volume inflation caused by crypto exchanges and market makers

US Department of Justice Shuts Down Pornography Site That Sells Child Pornography For Bitcoin

US Department of Justice Shuts Down Pornography Site That Sells Child Pornography For Bitcoin

A charge was brought upon a South Korean citizen named Jong Woo Son and other hundreds of individuals in different countries to have been operating the world's largest child sexual exploitation website by volume of content using bitcoin as a means of exchange.

Bitrue Will Support Symbol (XYM) Airdrop for NEM Holders and Launch Pre-Trading

Bitrue Will Support Symbol (XYM) Airdrop for NEM Holders and Launch Pre-Trading

Bitrue, the cryptocurrency exchange that regularly clears over $1 billion in daily volume, has announced that it will be supporting the upcoming Symbol (XYM) token airdrop. To create a market for the new token at the earliest opportunity, Bitrue will be offering trading through an IOU system.

Ethereum Battles Resistance as Exchange Inflow Volume Drops

Ethereum Battles Resistance as Exchange Inflow Volume Drops

On-chain metrics Glassnode reveals that Ethereum exchange inflow volume (7d MA) just reached a 1-month low of 15,477.056 ETH.

Uniswap Tops $50 Billion in Trading Volume but Its Sources of Liquidity Are Questioned

Uniswap Tops $50 Billion in Trading Volume but Its Sources of Liquidity Are Questioned

Uniswap has recently made headlines with its total trading volume surpassing $50 billion.

CME Group Bullish on Bitcoin Despite Pullback in Prices

CME Group Bullish on Bitcoin Despite Pullback in Prices

The Chicago Mercantile Exchange (CME) Group recently stated that customer interest in CME Bitcoin futures remained bullish in Q3 2019 despite the Bitcoin price pullback.

Binance Delists FTX Tokens Due to Crypto Users' Lack of Understanding

Binance Delists FTX Tokens Due to Crypto Users' Lack of Understanding

Binance, the world’s largest crypto exchange by trading volume, has made a tough decision to delist all FTX leveraged tokens, citing that customers did not understand how the tokens work. The exchange intends to shut off withdrawals and deposits for the assets on March 31 at 8 a.m. UTC and to stop trading at 10 a.m. on the same day. The decision has sparked mixed reactions. Some users support the decision while others want the leveraged tokens to remain on the crypto exchange platform.

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