Crypto Exchange

A cryptocurrency exchange or a digital currency exchange is a business that allows customers to trade cryptocurrencies or digital currencies for other assets, such as conventional fiat money or other digital currencies.

Cryptocurrency Exchange WazirX Loses $230 Million in Cyberattack
Cryptocurrency Exchange WazirX Loses $230 Million in Cyberattack
July 18, 2024  |  Cybersecurity

Indian cryptocurrency exchange WazirX said Thursday (July 18) that it lost more than $230 million in a cyberattack. “This is a force majeure event beyond...

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Payments, Penalties and TradFi Adoption Define This Week in Web3
Payments, Penalties and TradFi Adoption Define This Week in Web3
July 10, 2024  |  Blockchain

Crypto is as crypto does. And crypto is, by all appearances, trying to do better. The European Union’s (EU) landmark Markets in Crypto-Assets Act (MiCA)...

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Crypto Firm Abra Settles States’ Charges of Operating Without Licenses
Crypto Firm Abra Settles States’ Charges of Operating Without Licenses
June 26, 2024  |  Cryptocurrency

Cryptocurrency firm Abra and its CEO and largest equity owner Bill Barhydt have reached a settlement with 25 state regulators. The settlement follows the states’...

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Kraken Considering $100 Million Funding Round Before Possible IPO
Kraken Considering $100 Million Funding Round Before Possible IPO
June 06, 2024  |  Cryptocurrency

Cryptocurrency exchange Kraken is reportedly considering seeking more than $100 million in a final funding round before launching a possible initial public offering (IPO). The...

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Coinbase Diversifies Revenue Sources as Digital Asset Trading Matures
Coinbase Diversifies Revenue Sources as Digital Asset Trading Matures
May 30, 2024  |  Cryptocurrency

Digital assets have experienced a significant year, with the market moving toward mainstream adoption. This shift has resulted in a decrease in price volatility, which...

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Binance Founder Changpeng Zhao Sentenced to 4 Months in Prison
Binance Founder Changpeng Zhao Sentenced to 4 Months in Prison
April 30, 2024  |  Cryptocurrency

Changpeng Zhao, the founder of cryptocurrency exchange Binance, was sentenced to four months in prison on Tuesday (April 30). The sentencing came after Zhao pleaded guilty...

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Compliance Officers Say Crypto Industry Can Learn From Exchanges’ Settlements
Compliance Officers Say Crypto Industry Can Learn From Exchanges’ Settlements
April 10, 2024  |  Cryptocurrency

The cryptocurrency industry can learn lessons from the settlements three crypto exchanges reached with regulators. So said the chief compliance officers of Binance, Coinbase and Kraken...

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Prosecutors Seek 40- to 50-Year Term for Sam Bankman-Fried
Prosecutors Seek 40- to 50-Year Term for Sam Bankman-Fried
March 15, 2024  |  Legal

Federal prosecutors are seeking a 40- to 50-year prison sentence for Sam Bankman-Fried, the former CEO of the now-bankrupt cryptocurrency exchange FTX, over charges of...

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Crypto Exchange Kraken Unveils Institutional Solution
Crypto Exchange Kraken Unveils Institutional Solution
February 27, 2024  |  Cryptocurrency

Cryptocurrency exchange Kraken is introducing a new solution for firms looking to gain exposure to the cryptocurrency. Dubbed Kraken Institutional, the new brand aims to...

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