Crypto Exchange news

Crypto exchange FTX is reportedly considering bailing out Celsius Network by bidding on the bankrupt lender’s assets. Acquiring the assets of Celsius would imply FTX’s intent to save the lending firm, similar to what FTX US did for Voyager. According to a Bloomberg report, FTX CEO Sam Bankman-Fried is considering the possibility to buy yet…

Crypto exchange FTX US has won the bid for the assets of embattled crypto brokerage firm Voyager Digital, which to be approved by the UA Bankruptcy Court, with a bid valued at approximately $1.4 billion. Voyager hinted that its customers would eventually transition to the FTX platform after it finishes its Chapter 11 bankruptcy proceedings….

Jesse Powell, CEO of crypto exchange Kraken, is stepping down. David Ripley, currently serving as Kraken’s COO, will take his place in the coming months. Despite a history of controversial public remarks, Powell has denied that these controversies spurred his stepping down. As Fortune reported, Powell will continue to serve as chairman of the board…

Bitcoin and Ether fell below recent support levels in the past 24 hours – BTC fell about 9%, while ETH dropped 6% – which caused over $250 million in liquidations. The crypto market drop followed the decline in US stocks after higher-than-expected inflation readings for August. According to data, futures tracking Bitcoin lost upwards of…

Crypto exchange Huobi Global said it will delist seven privacy tokens in the coming week, citing broader regulatory scrutiny of such tokens. The company claimed it is complying with regulations in different countries and regions. Privacy tokens lost 0.42% in 24 hours following the news. Spot and futures trading of the tokens was paused last…

Blockchain.com, a London-based crypto exchange, has been granted provisional regulatory approval by the Virtual Assets Regulatory Authority (VARA) in Dubai. After granted provisions, institutional and retail clients can use the crypto platform in the UAE. Blockchain.com, via a blog post, stated that the organization is in the process of setting up a local office in…