Category: Exchange

Bitcoin outflows from centralized exchanges surge to 100K BTC monthly

Bitcoin outflows from centralized exchanges surge to 100K BTC monthly

Centralized exchanges have experienced their heaviest week of Bitcoin withdrawals since November 2020. 6846 Total views 71 Total shares Bitcoin outflows from centralized exchanges have surged to their highest level year-to-date, with roughly 40,000 BTC being withdrawn over the past seven days. According to the Glassnode’s August 2 The Week On-Chain report, Bitcoin outflows have […]

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FTX reduces max leverage from 101x to 20x to encourage ‘responsible trading’

FTX reduces max leverage from 101x to 20x to encourage ‘responsible trading’

Sam Bankman-Fried, the CEO of surging crypto derivatives exchange, FTX, has slashed its maximum leverage in a move to promote responsible trading practices. 2576 Total views 5 Total shares Crypto derivatives exchange FTX has decided to curb risky trading by limiting the leverage available to its users. The exchange, founded by crypto billionaire Sam Bankman-Fried […]

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‘Unprecedented capital inflows into Bitcoin’ remove 12K BTC from Coinbase in an hour

‘Unprecedented capital inflows into Bitcoin’ remove 12K BTC from Coinbase in an hour

Investors mean business as current prices remain more than attractive to new buyers. 28364 Total views 53 Total shares Another day, another spike in Bitcoin (BTC) leaving major exchange Coinbase as funds pour into the largest cryptocurrency. Data from on-chain monitoring resource Glassnode showed 12,354 BTC ($694 million) being withdrawn from the Coinbase order book […]

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Four arrested after Turkish exchange Vebitcoin closes its doors

Four arrested after Turkish exchange Vebitcoin closes its doors

The arrested employees, including directors, are suspected of fraud. 1620 Total views 22 Total shares As a countrywide cryptocurrency ban looms, multiple Turkish exchanges have now come under investigation with four employees of the recently-shuttered Vebitcoin exchange arrested this morning for allegations of fraud. Last night, Vebitcoin announced it would be ceasing operations in a […]

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