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Posts Tagged ‘Exchange’

Bitcoin Exchange BitMEX Sued for $300 Million by Early Investor

Bitcoin and crypto derivatives behemoth BitMEX is being sued for $300 million for providing false equity information to a couple of early investors.  According to recent reports, BitMEX is in hot soup, and so is the exchange’s founder, Arthur Hayes. The bitcoin futures company and its founder are facing a $300 million lawsuit, which accuses…

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Ukraine Gov’t Collaborates with Belarusian Crypto Exchange

Ukraine’s Ministry of Digital Transformation has signed a memorandum of cooperation (MoC) with the Belarusian crypto exchange Ukraine Wants to Learn from Belarusian Experience in Regulating Cryptos While Ukraine’s Ministry of Digital Transformation was only established in August of this year, it has been very active in the crypto field. For example, it recently…

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Ex-Morgan Stanley Devs Launch High-Speed Crypto Exchange

Former Morgan Stanley developers teamed up to create a new crypto derivatives exchange, equipped with its own cold wallet, major transaction speeds, and more. According to a recent announcement, a new high-speed crypto derivatives exchange called Phemex is expected to see its launch in the near future. The exchange will supposedly be fast enough to…

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Crypto Exchange Gemini Eyes European Expansion with New Hire

New York-based crypto exchange Gemini’s European wing Gemini Europe, LLC. has taken on board Julian Sawyer as the Managing Director for the UK and Europe. Gemini, one of the leading cryptocurrency trading businesses and custodian platforms, is tapping the rising interest of European traders for crypto-based investment. Europe Promises Growth in Crypto Trading Interest Sawyer…

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Kraken, One of Oldest Bitcoin Exchanges, Joins Silvergate Exchange Network

Kraken, one of the largest and oldest Bitcoin (BTC) exchanges in the world, has joined the Silvergate Exchange Network (SEN). By joining SEN, the United States-based cryptocurrency exchange enables its clients to deposit and withdraw U.S. dollars from Silvergate accounts with no fees, the firm announced Nov. 27. According to the announcement, the depositing process…

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Robinhood Crypto Exchange Scraps Plan to Become a Bank

Robinhood has had an about-turn on its plans to become a bank. Commission-free stock and cryptocurrency trading pioneer withdrew its application with the Office of the Comptroller of the Currency yesterday. Robinhood Pulls Bank Charter Application Valued at a staggering $7.6 billion, Robinhood ushered in a new era shaking up the status quo with commission-free…

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