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Japanese Based Cryptocurrency Exchange BitFlyer Reports $6.9Million Loss in 2019
cryptocurrency exchange

Japanese Based Cryptocurrency Exchange BitFlyer Reports $6.9Million Loss in 2019

bitFlyer, a Tokyo based cryptocurrency exchange reported a loss of $6.9 million after suffering a loss in customers amidst regulatory issues with the financial services agency of Japan. The company is doing all it can to stand strong and successfully survive this downtime.

Bitcoin.com Exchange Collaborates With Changelly For Seamless Crypto Swaps
cryptocurrency exchange

Bitcoin.com Exchange Collaborates With Changelly For Seamless Crypto Swaps

Changelly cryptocurrency exchange platform partneres with Bitcoin.com Exchange, a new cryptocurrency exchange in the crypto market to ensure that customers enjoy seamless swapping of cryptocurrencies

5% of Coinbase Employees Leave the Exchange, Rejecting Its “Apolitical Stance”
cryptocurrency exchange

5% of Coinbase Employees Leave the Exchange, Rejecting Its “Apolitical Stance”

About 60 employees have left Coinbase cryptocurrency exchange because of the firm’s new controversial policy.

Binance Adds Bitcoin Ordinals to NFT Marketplace
cryptocurrency exchange

Binance Adds Bitcoin Ordinals to NFT Marketplace

Binance has announced that it will soon support Bitcoin ordinals, also known as Bitcoin NFTs, on its NFT marketplace. This will expand Binance’s multichain NFT ecosystem to include the Bitcoin network. Bitcoin ordinals have been on the rise, with over 3 million inscriptions as of May 1, but they remain a controversial topic in the crypto community.

Binance CEO Responds to Forbes Article on Fund Shuffling
cryptocurrency exchange

Binance CEO Responds to Forbes Article on Fund Shuffling

Binance CEO Changpeng Zhao responded to a Forbes article that focused on the movement of funds by the cryptocurrency exchange. The article drew parallels between Binance and the now-defunct FTX and discussed the failed Voyager bid by Binance.US, as well as the United States Securities and Exchange Commission’s planned legal action against Paxos Trust Company, the issuer of the Binance-branded stablecoin, Binance USD (BUSD). Binance transferred $1.8 billion in stablecoin collateral to hedge funds such as Tron, Amber Group and Alameda Research between August and December 2022. Binance says it still supports BUSD and is now looking into non-USD stablecoins.

Digital Surge narrowly avoids collapse
cryptocurrency exchange

Digital Surge narrowly avoids collapse

Digital Surge creditors agree five-year rescue plan to keep exchange running. KordaMentha will pay creditors from the exchange's quarterly net earnings over five years. Customers were sent the rescue plan on December 8.

Bitrue Integrates GalaChain for Seamless $GALA Trading
cryptocurrency exchange

Bitrue Integrates GalaChain for Seamless $GALA Trading

Bitrue has integrated Gala Games' GalaChain, enabling $GALA trading without Ethereum bridges. This partnership offers lower fees, enhanced security, and expanded trading options.

FTX.US Has Opened a New Headquarters in Chicago
cryptocurrency exchange

FTX.US Has Opened a New Headquarters in Chicago

FTX US has opened its headquarters in Chicago as it seeks to strengthen its business and solidify its base with United States regulators.

Binance's Success Rooted in External Pressure, Reveals CEO
cryptocurrency exchange

Binance's Success Rooted in External Pressure, Reveals CEO

In a recent tweet, Changpeng Zhao (CZ), the CEO of Binance, the world's largest cryptocurrency exchange by trading volume, shared his insights on building strong teams and the role of external pressure in the company's success.

Binance.US Could Be in Violation of Securities Law
cryptocurrency exchange

Binance.US Could Be in Violation of Securities Law

SEC opposes Binance. US acquisition of nearly $1 billion in Voyager Digital assets.

Crypto Exchange Gate.io Floats its Payment Solution Dubbed Gate Pay
cryptocurrency exchange

Crypto Exchange Gate.io Floats its Payment Solution Dubbed Gate Pay

Gate.io has launched its own crypto payment gateway dubbed Gate Pay

What the U.S. Congress Decides on Crypto Will Ultimately Overstepping their authority
cryptocurrency exchange

What the U.S. Congress Decides on Crypto Will Ultimately Overstepping their authority

Jake Chervinsky, the Blockchain Association's chief policy officer, criticized the SEC's enforcement-based regulation and urged Congress to regulate the sector.

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