Exchange

Crypto exchange Copper appoints Philip Hammond as chairman

Former British chancellor Philp Hammond has been appointed chairman of Mayfair-based crypto exchange Copper. Hammond, who has held a senior advisor role at the company since October, will take up the role on January 26. Copper said he provided “strategic advice as the company significantly grew and expanded its business and services globally.” Since taking …

Crypto exchange Copper appoints Philip Hammond as chairman Read More »

The US and allies are looking to crypto exchange and Russia

Last week, the US Department of Justice (DOJ) and the US Treasury Department announced a coordinated crackdown on non-compliant Hong Kong-registered cryptocurrency exchange Bitzlato and the arrest of its owner in Miami for facilitating Russian illicit financing. Within minutes of posting “What is Bitzlato?” was trending on crypto-Twitter with a litany of snooze emojis filling …

The US and allies are looking to crypto exchange and Russia Read More »

Uphold exchange denies owing millions to failed cryptolender Credo

Crypto exchange Uphold has denied that it owes about $784 million to the liquidation fund of the failed crypto investment platform Cred. At a court hearing on January 11, Uphold filed a motion to dismiss all counts of the lawsuit filed against the company by Cred in June 2022. Cred was a crypto-lending service that …

Uphold exchange denies owing millions to failed cryptolender Credo Read More »

Subpoenas issued in ongoing federal investigation of crypto exchange Binance

Comment on this story Comment Federal prosecutors are examining US hedge funds’ dealings with cryptocurrency exchange Binance as part of a long-running investigation into possible money-laundering violations at one of the world’s leading crypto companies. In subpoenas sent in recent months, the U.S. Attorney’s office for the Western District of Washington in Seattle directed investment …

Subpoenas issued in ongoing federal investigation of crypto exchange Binance Read More »

Crypto exchange Unicoin announces cooperation with crypto tax partner Binocs

On Monday, India’s first cryptocurrency exchange Unicoin announced a partnership with Binocs, a cryptocurrency tax company, as a tax partner. According to a press release sent by Unicoin, “The collaboration will enable Unocoin users and all Indian cryptocurrency enthusiasts to easily calculate their crypto taxes by embedding their accounts with Binocs.” It will also help …

Crypto exchange Unicoin announces cooperation with crypto tax partner Binocs Read More »

Easy crypto exchange KYC that makes it easy for criminals to thrive

Public company investigator Aurelius Capital Value called out Silvergate for doing business with Huobi Global, despite earlier evidence of poor KYC enforcement at the exchange. Aurelius used Huobi’s alleged history of enabling money laundering and a 2020 experiment that showed the ease of creating fake accounts to suggest that Silvergate’s verification process was flawed. KYC …

Easy crypto exchange KYC that makes it easy for criminals to thrive Read More »

What is Crypto Swapping? Check out the best crypto exchange sites for 2023

Abstract What is Crypto Swapping? An exchange is the act of exchanging one cryptocurrency or token for its equivalent value in another. For example, if you want to buy something that requires DAI, but you only have ETH to spend, you can exchange your ETH for DAI using a crypto exchange service. You can use …

What is Crypto Swapping? Check out the best crypto exchange sites for 2023 Read More »

La Jolla’s Silvergate Capital is facing questions from US lawmakers amid the collapse of the FTX crypto exchange

La Jolla-based Silvergate Capital has made a name for itself in recent years as one of several traditional banks providing deposit, fund transfer, security and other services to the cryptocurrency trading market. But two high-profile crypto-exchange bankruptcies — one of which allegedly involved fraud — have rattled the small financial institution’s stock and caught the …

La Jolla’s Silvergate Capital is facing questions from US lawmakers amid the collapse of the FTX crypto exchange Read More »

Crypto exchange FTX struggles with Bahamas data access requests

Dietrich Knauth Dec 14 (Reuters) – Lawyers for bankrupt crypto exchange FTX will face off in court on Wednesday to fight a request for internal records by an insolvent subsidiary based in the Bahamas as the two battle over the scraps of the once high-traffic business. In an emergency hearing on Wednesday, the liquidators of …

Crypto exchange FTX struggles with Bahamas data access requests Read More »

Paxful CEO Preaches Bitcoin Self Stewardship, Advises Against Crypto Exchange

The case for self-custody is growing stronger as investors seek proof of their holdings on crypto exchanges. While some CEOs have decided to double down on ensuring the safety of funds on their platforms, Ray Youssef, CEO of crypto exchange Paxful, embraced the idea of ​​self-custody when he took responsibility for more than 11 million …

Paxful CEO Preaches Bitcoin Self Stewardship, Advises Against Crypto Exchange Read More »