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dYdX to Exit Canadian Market
cryptocurrency exchange

dYdX to Exit Canadian Market

Cryptocurrency derivatives exchange dYdX is set to exit the Canadian market due to regulatory restrictions. The exchange will stop onboarding new Canadian users and move existing users to "close-only mode" over the next seven days, allowing them to only withdraw funds. dYdX is hoping for a change in the regulatory climate to resume services in the country.

Kazakhstan Blocks Coinbase, Citing Digital Asset Law
cryptocurrency exchange

Kazakhstan Blocks Coinbase, Citing Digital Asset Law

Kazakhstan's Ministry of Culture and Information has blocked Coinbase due to legal conflicts with digital asset regulations, revisiting previous restrictions on other financial platforms.

Crypto Exchange Huobi Plans to Reverse IPO in Hong Kong
cryptocurrency exchange

Crypto Exchange Huobi Plans to Reverse IPO in Hong Kong

Cryptocurrency exchange Huobi has reportedly been planning a reverse initial public offering (IPO) according to a document revealed by the Hong Kong Stock Exchange (HKEX).

5% of Coinbase Employees Leave the Exchange, Rejecting Its “Apolitical Stance”
cryptocurrency exchange

5% of Coinbase Employees Leave the Exchange, Rejecting Its “Apolitical Stance”

About 60 employees have left Coinbase cryptocurrency exchange because of the firm’s new controversial policy.

Kraken Is the First Cryptocurrency Exchange to Become a US Bank
cryptocurrency exchange

Kraken Is the First Cryptocurrency Exchange to Become a US Bank

Kraken San Francisco-based crypto exchange was approved yesterday by the Wyoming Banking Board and is now the first exchange to become a US bank.

Coinbase Goes Down, Causing XRP Token Price to Flash Crash on the Crypto Exchange
cryptocurrency exchange

Coinbase Goes Down, Causing XRP Token Price to Flash Crash on the Crypto Exchange

Coinbase cryptocurrency exchange experienced technical difficulties that knocked down XRP token’s price on the platform by 30%.

CoinMarketCap Users Says Exchange Rankings Make No Sense
cryptocurrency exchange

CoinMarketCap Users Says Exchange Rankings Make No Sense

CoinMarketCap is a renowned cryptocurrency and exchange data aggregator. Recently purchased by Binance, the site is currently under fire from users who claim that exchange rankings are being manipulated.

Kraken Donates $100K to Cryptocurrency Think Tank Coin Center, Following Grayscale’s Footsteps
cryptocurrency exchange

Kraken Donates $100K to Cryptocurrency Think Tank Coin Center, Following Grayscale’s Footsteps

Kraken crypto exchange has applauded Coin Center for the crypto research institute has played in furthering the cryptocurrency industry.

Binance Enables Support for Naira, But is Cryptocurrency Legal in Yet in Nigeria?
cryptocurrency exchange

Binance Enables Support for Naira, But is Cryptocurrency Legal in Yet in Nigeria?

Binance, one of the top cryptocurrency exchange has opened support for the Nigerian National currency (Naira) on its trading platform.

Ethereum Dominates Bitcoin on CEX.IO Crypto Exchange
cryptocurrency exchange

Ethereum Dominates Bitcoin on CEX.IO Crypto Exchange

Chief Technology Officer of CEX crypto exchange has reported that Ethereum (ETH) on its platform has spiked up in the past week, as opposed to Bitcoin.

Sparkswap Decentralized Exchange Shuts Down Citing Low User Volume
cryptocurrency exchange

Sparkswap Decentralized Exchange Shuts Down Citing Low User Volume

The decentralized exchange, Sparkswap which is backed by Pantera Capital has made an announcement that it is going to shut down permanently. The announcement came from the editor of Sparkswap exchange, Trey Griffith who attributed the shutting down of exchange to the low and weak user base of the exchange.

Australian Crypto Exchange BTC Markets Accidentally Exposes 270,000 Customer Names and Emails
cryptocurrency exchange

Australian Crypto Exchange BTC Markets Accidentally Exposes 270,000 Customer Names and Emails

BTC Markets, the largest cryptocurrency exchange in Australia, has accidentally exposed customers’ data, an incident that has put users at risk of phishing attacks.

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