Cryptocurrency Exchange | Crypto Profit Bot

Digital Currency Group backs South Korean crypto exchange operator

May 6, 2021

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Streami, the company behind the popular GOPAX exchange, has received direct funding from Digital Currency Group. 8101 Total views 27 Total shares Digital Currency Group, the venture capital firm behind some of the biggest companies in blockchain, has become the second-largest shareholder of Streami, a leading cryptocurrency exchange operator in South Korea. Barry Silbert, founder […]

Singapore’s largest bank posts tenfold crypto volume growth in Q1 2021

May 4, 2021

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DBS Bank CEO Piyush Gupta said the bank’s exchange has scheduled a token offering for quarter two. 8639 Total views 42 Total shares DBS Bank, Singapore’s largest retail and commercial bank, has announced its first-quarter financial results following the launch of its institutional cryptocurrency exchange in December 2020. DBS chief financial officer Chng Sok Hui […]

Crypto.com to use CipherTrace tool to comply with FATF’s travel rule

May 3, 2021

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Crypto.com has chosen CipherTrace’s specialized compliance tool to help it fulfill the complex requirements of the FATF’s industry-shaping “travel rule.” 13022 Total views 47 Total shares Crypto.com — the creator of a cryptocurrency exchange, wallet, debit card program and crypto app — is strengthening its compliance toolkit by implementing a commercial solution developed by crypto […]

Got crypto? Here are 3 debit cards that let you spend your stack

April 30, 2021

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As blockchain technology and the public’s awareness of cryptocurrency continues to grow, a range of new use cases a coming to market and enhancing the efficacy of legacy financial systems. Despite its many applications, the original use case for Bitcoin (BTC) as a medium of exchange remains one of the most fundamental applications of blockchain […]

Turkey jails 6 in probe into missing Thodex crypto exchange CEO

April 30, 2021

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The arrested siblings of the missing Thodex CEO reportedly own millions of dollars worth of crypto. 8462 Total views 26 Total shares Turkish authorities are progressing with an investigation into local cryptocurrency exchange Thodex, which abruptly halted trading last week. On Thursday, a Turkish court jailed six suspects pending trial, including siblings of the missing CEO […]

Uzbek presidential agency proposes legalizing domestic crypto trading

April 30, 2021

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Uzbekistan wants to lift its ban on cryptocurrency purchases after barring residents from buying crypto in 2019. 12281 Total views 29 Total shares A major governmental agency in Uzbekistan seems to be rethinking its stance on cryptocurrencies. The National Agency for Project Management under the President of the Republic of Uzbekistan, or NAFT, issued an official […]

Tim Draper-backed crypto derivatives exchange raises $18M

April 28, 2021

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Globe Derivative Exchange prepares to launch its platform next month by raising $18 million for a token sale. 870 Total views 11 Total shares A new global cryptocurrency derivatives exchange, Globe Derivative Exchange, or GlobeDX, continues preparation for the platform’s launch by securing another major raise. GlobeDX announced Wednesday that the firm has successfully raised […]

1inch launches mobile wallet on Apple iOS

April 27, 2021

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With this new wallet, mobile users will finally be able to transact on networks other than Ethereum. 1329 Total views 10 Total shares Decentralized exchange aggregator 1inch launched its wallet on Apple iOS Tuesday, allowing users to swap tokens on their mobile devices. The new wallet brings all the advantages of the 1inch Network to […]

Binance crypto exchange to launch its own NFT platform

April 27, 2021

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Launching in June, Binance’s new NFT platform and marketplace will share the same account system as Binance.com. 9792 Total views 43 Total shares Binance, the world’s largest cryptocurrency exchange, is entering the nonfungible token industry by introducing its own NFT platform and marketplace. The company announced Monday the upcoming launch of Binance NFT, a new […]

3 things every crypto trader should know about derivatives exchanges

April 24, 2021

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In the past two years futures contracts have become widely popular among cryptocurrency traders and this became more evident as the total open interest on derivatives more than doubled in three months. Additional proof of their popularity came as futures turnover surpassed gold, which is a well-established market with $107 billion in daily volume. However, […]

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Category: Cryptocurrency Exchange