crypto exchange

Cumulative traffic to exchanges increased by 8% in October — report

November 9, 2024 Coin Telegraph

2024 US Presidential elections

The election of a pro-crypto President and pro-crypto lawmakers in the United States has brought renewed attention to the crypto markets.

Cumulative monthly traffic to 20 leading crypto exchanges increased by 8% in October — reflecting heightened investor interest and increasing participation among retail traders heading into the 2024 United States elections.

According to data from ICO Analytics, Pump Fun recorded the highest month-over-month increase in percentage terms — with 100% growth in October. BullX followed behind with a 78% growth in web traffic from September to October, and Uniswap came in third place with a 42% increase.

Binance, WhiteBit, and Coinbase dominated monthly traffic in terms of total visits in October, at 54 million, 33 million, and 30 million, respectively.

Institutional Crypto Products See ,200,000,000 in Weekly Flows Setting Year-to-Date Record: CoinShares

Institutional Crypto Products See $2,200,000,000 in Weekly Flows Setting Year-to-Date Record: CoinShares

Former FTX Executive Caroline Ellison Set To Begin Two-Year Prison Sentence for Role in FTX Fiasco

November 7, 2024 The Daily Hodl

Caroline Ellison

Former FTX executive Caroline Ellison is set to start her two-year prison term in Connecticut. According to a new report by CNBC, a Bureau of Prison (BOP) spokesperson said that Caroline Ellison – the former CEO of FTX’s sister company Alameda Research – will begin her two-year sentence after serving as the prosecution’s star witness. […]

The post Former FTX Executive Caroline Ellison Set To Begin Two-Year Prison Sentence for Role in FTX Fiasco appeared first on The Daily Hodl.

Institutional Crypto Products See $2,200,000,000 in Weekly Flows Setting Year-to-Date Record: CoinShares

Gemini Teams up With Renowned Sci-Fi Artist for ‘Go Where Dollars Won’t’ Crypto Campaign

November 4, 2024 Bitcoin.com

bitcoin.com

Gemini launched a new campaign, “Go Where Dollars Won’t,” on Nov. 4, aiming to showcase cryptocurrency’s potential beyond traditional currency constraints. Exploring New Frontiers: Meet Gemini’s ‘Go Where Dollars Won’t’ Campaign On Nov. 4, cryptocurrency exchange Gemini unveiled its latest campaign, “Go Where Dollars Won’t,” partnering with Irish artist Matt Griffin to capture cryptocurrency’s promise […]

Institutional Crypto Products See $2,200,000,000 in Weekly Flows Setting Year-to-Date Record: CoinShares

Coinbase Chief Legal Officer Uncovers 20 Instances of US Regulator Telling Banks To Stop Crypto Services

November 4, 2024 The Daily Hodl

coinbase

Coinbase chief legal officer Paul Grewal says he can see multiple instances when the Federal Deposit Insurance Corporation (FDIC) told banks to stop offering crypto-related services. In a new thread on the social media platform X, Grewal says that Coinbase uncovered the information after filing a Freedom of Information Act (FOIA) request at the FDIC, […]

The post Coinbase Chief Legal Officer Uncovers 20 Instances of US Regulator Telling Banks To Stop Crypto Services appeared first on The Daily Hodl.

Institutional Crypto Products See $2,200,000,000 in Weekly Flows Setting Year-to-Date Record: CoinShares

Binance co-founder clarifies asset listing policies, dispels FUD

November 3, 2024 Coin Telegraph

Binance

According to Binance, 98% of applications sent to the exchange for new token listings never receive a reply from the company.

Following claims from the CEO of Moonrock Capital — a crypto-native advisory and investment firm — that Binance demanded 15% of an unnamed prospective project's total token supply to secure a listing on the centralized exchange, Binance co-founder Yi He responded by denying the claims and clarifying Binance's listing policies.

According to Binance's co-founder, the company does not charge new projects a percentage of their token supply for listing or a fixed amount. Since 2018, Binance's listing policy stipulates that all listing fees will be "transparent," and 100% of the fees are donated to charity. The policy states:

The Moonrock CEO's claims sparked a debate about the listing fee policies of centralized exchanges — prompting Sonic co-founder and developer Andre Cronje to join the debate and make similar accusations against Coinbase.

Institutional Crypto Products See $2,200,000,000 in Weekly Flows Setting Year-to-Date Record: CoinShares

Layer-1 Altcoin KAIA Stumbles Following New Surprise Binance Listing

November 1, 2024 The Daily Hodl

Altcoins

Layer-1 blockchain Kaia (KAIA) is dipping in price after abruptly gaining support from Binance, the world’s largest crypto exchange platform by trading volume. In a new announcement, Binance says it’s added the Ethereum Virtual Machine (EVM)-based digital asset to its suite of products starting on October 31st. “Binance is excited to announce that Kaia will […]

The post Layer-1 Altcoin KAIA Stumbles Following New Surprise Binance Listing appeared first on The Daily Hodl.

Institutional Crypto Products See $2,200,000,000 in Weekly Flows Setting Year-to-Date Record: CoinShares

Crypto.com acquires SEC-registered broker to expand equities offerings

October 31, 2024 Coin Telegraph

acquistion

The acquisition will allow Crypto.com’s family of companies to offer stocks and equity options to eligible traders in the United States.

Cryptocurrency exchange Crypto.com has announced the acquisition of Watchdog Capital, a broker-dealer registered with the United States Securities and Exchange Commission (SEC).

The move will allow the exchange’s subsidiary in the country to offer stocks and equity options to eligible traders, broadening its suite of financial services beyond crypto. According to an Oct. 31 announcement, Watchdog Capital is also a member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC).

Watchdog Capital was established by Bruce Fenton, a long-time advocate for digital assets.

Institutional Crypto Products See $2,200,000,000 in Weekly Flows Setting Year-to-Date Record: CoinShares

Kraken restructures with new co-CEO, layoffs reported

October 30, 2024 Coin Telegraph

Arjun Sethi

Kraken hinted that its managerial structure would be reformed, without explaining the details.

Cryptocurrency exchange Kraken has declared “a new day,” with the appointment of new co-CEO Arjun Sethi and a managerial shakeup. There is also an unconfirmed report that 15% of the staff has been laid off.

Sethi is also the co-founder and chairman of Silicon Valley venture capital investor Tribe Capital and has been a member of the Kraken board since 2021. He will share the top position at Kraken with David Ripley.

In addition to disclosing Sethi’s appointment, Kraken announced coming fundamental changes on its blog on Oct. 30. “We need to be leaner and faster,” it said. Apparently, Kraken’s organizational structure is in for an overhaul. According to the blog:

Institutional Crypto Products See $2,200,000,000 in Weekly Flows Setting Year-to-Date Record: CoinShares

Binance Launches New Crypto Exchange-Based Platform for Wealth Managers and High Net Worth Clients

October 29, 2024 The Daily Hodl

crypto exchange

The leading crypto exchange by trading volume is launching a new platform built with high-net-worth clients in mind. According to a new press release, Binance is launching “Binance Wealth,” a platform tailored to wealth managers. “Binance Wealth allows wealth managers to oversee the onboarding of their clients and make investment recommendations, allowing their clients to […]

The post Binance Launches New Crypto Exchange-Based Platform for Wealth Managers and High Net Worth Clients appeared first on The Daily Hodl.

Institutional Crypto Products See $2,200,000,000 in Weekly Flows Setting Year-to-Date Record: CoinShares

DOJ Targets Crypto Exchange Accused of Silk Road Money Laundering, Operator Faces Prison Time

October 29, 2024 Bitcoin.com

bitcoin.com

A crypto exchange tied to Silk Road and alleged money laundering schemes now has its operator facing serious federal charges and prison time. Silk Road Connections Resurface as DOJ Targets Crypto Tycoon in $30M Scandal The U.S. Department of Justice (DOJ) announced on Monday that a federal grand jury in Indianapolis has indicted Maximiliano Pilipis, […]

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