Exchanges

Mt. Gox, once a dominant player in the cryptocurrency exchange arena, has made headlines again following significant movements of Bitcoin valued at over $2 billion. Data revealed by Arkham Intelligence outlines that on November 4, 2023, Mt. Gox completed large-scale transfers of Bitcoin to newly established wallets, reigniting conversations surrounding the infamous exchange, particularly in
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In a significant development for the cryptocurrency exchange landscape, Gemini has announced that it has received in-principle approval from the Monetary Authority of Singapore (MAS) to offer cross-border money transfer and digital payment token services. This endorsement arrives at a pivotal moment as Gemini, led by the Winklevoss twins, pursues its ambition to solidify its
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In an ambitious move to redefine the user experience within the rapidly evolving cryptocurrency market, Binance, the world’s leading crypto exchange by trading volume, announced its collaboration with Amazon Web Services (AWS) on October 31. This strategic alliance aims to harness AWS’s advanced generative artificial intelligence tools and cloud services to enhance various aspects of
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A recent study conducted by Animoca Research has brought to light troubling trends in token performance across five leading cryptocurrency exchanges. This analysis, which focuses on tokens listed between January and September, unveiled a stark reality: the median performance of these tokens varies significantly, with losses ranging from 40% to a staggering 70%. The data
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The Optimism Foundation has entered into a significant partnership with Kraken, securing a $25 million agreement designed to integrate Kraken’s innovative new layer-2 (L2) blockchain known as Ink into the Superchain ecosystem. This investment is worth approximately $43 million at the current rate of Optimism’s native token, OP, which is priced at $1.72. This strategic
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On October 30, 2023, cryptocurrency exchange Kraken made headlines with its announcement of significant layoffs as part of what they termed “organizational changes.” This decision coincided with the appointment of Arjun Sethi, co-founder of Tribe Capital, as the new co-CEO. The exchange’s management has expressed a clear intention to streamline operations and realign its focus
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The narrative surrounding FTX, once a celebrated cryptocurrency exchange, paints a sobering picture of financial mishaps and legal entanglements. In the unfolding saga, Nishad Singh, a former engineering director at FTX, stands out as a critical figure whose cooperation could substantially impact the recovery process for creditors. John J. Ray III, the current CEO, has
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