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Bybit, the 35th largest exchange by trading volume according to CoinMarketCap, joins Binance, the largest, in trying to turn the industry tumult of the past few weeks into an opportunity. The crypto market has lost two-thirds of its value in a year and has been roiled by the collapse of
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Russian lawmakers are working on amendments to launch a national crypto exchange. This effort is reportedly supported both by the Ministry of Finance and the Central Bank of Russia which have a long history of disagreement over crypto regulation in the country. As local media reported on Nov. 23, members of the lower
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The police are reportedly looking into allegations of cheating and fraud by the company and its directors. Original Source
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Bitcoin stayed above $16K after the Fed minutes and Genesis Global Capital confirmed hiring investment bank Moelis. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets. Original Source
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As part of the transaction, which took place around 08:38 UTC, a wallet that received 3,500 bitcoin forwarded 300 BTC to another destination. That was split further and landed in several wallets not attributed to any known custodial service. The distribution pattern is open to interpretation: It's possible the wallet
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“Binance was the first to launch, and it was really successful. And when you’re successful, you get copycats,” Katie Talati, co-founder and director of research at the crypto asset manager Arca, said. “Huobi, OKX, they all launched their own token and, going forward, it has been standard. FTX didn’t launch
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Crypto exchange and custody platform Bitpanda announced on Nov. 22 that it had received a crypto trading license from Germany’s Federal Financial Supervisory Authority. According to Bitpanda, securing a license means it has become the “first European retail investment platform to meet BAFIN’s strict regulatory requirements.” New License Strengthens Bitpanda’s Position Austrian
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The FTX crash appears to have affected not only companies and investors but also entire cities that previously became partners of the troubled cryptocurrency exchange.South Korea’s second-largest city, Busan, is reportedly reconsidering its plans to build a local crypto exchange as a consequence of the FTX collapse, the local news
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Bitpreco, a Brazilian cryptocurrency exchange, has decided to extend its functionality to offer banking services through a new platform called Bitybank. The company, which will also open payment and digital account services, plans to attract users to crypto through cashback programs that counter the fears of users purchasing cryptocurrencies in
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The Warren Buffett-led Berkshire Hathaway has issued a statement warning that a cryptocurrency exchange website is using its name. The company stressed that the crypto firm has no affiliation with Berkshire Hathaway Inc. or its chairman and CEO, Warren E. Buffett. Berkshire Hathaway Warns About a Crypto Website Berkshire Hathaway Inc. warned
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