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Exchange
Binance's Head of Product Departs as Executive Exodus Gathers Steam
Mayur Kamat's departure follows those of Chief Strategy Officer Patrick Hillmann, Senior Director of Investigations Matthew Price, SVP for Compliance Steven Christie and Asia-Pacific Head Leon Foong.

Bitcoin Holdings on Crypto Exchanges Dwindle to 2M, Fewest Since January 2018
The number of BTC held in wallets tied to crypto exchanges has declined by 4% this month, data tracked by CryptoQuant show.

Indonesia's New Crypto Exchange Opens After Long Delays
The long-awaited national bourse for crypto has been operational since July 17, according to an official announcement from Thursday.

XRP Gets Binance.US Listing as Exchange Joins Rivals’ Embrace
Binance.US joins rival crypto exchanges including Coinbase, Kraken, Bitstamp in listing XRP for trading.

The Crypto Industry’s New Favorite Punching Bag – Prometheum – Asks for a Chance
Its SEC-praising co-CEO insists he’s pro-crypto and just needs a little time to prove his company can trade digital assets, even if the token issuers would rather it didn’t.

Crypto Exchange Backed by Fidelity, Schwab and Citadel Launches With Additional Investors
EDX Markets has a different business model than other crypto exchanges, which regulators like, its CEO Jamil Nazarali told CoinDesk in an interview in April.

Every CEX Needs a DEX
Decentralization used to be a cherished principle, it’s now a competitive necessity.

Atomic Wallet Hackers Move Stolen Funds via OFAC-Sanctioned Exchange Garantex: Elliptic
The attackers are believed to be the infamous North Korean hacker group Lazarus, as per blockchain security firm Elliptic.

Binance Withdrawal On Track to be Largest Since March Crypto Banking Crisis
Blockchain data shows that the exchange endured some $503 million in net outflows on Monday amid SEC charges.

Blockchain Association's Kristin Smith on Binance's Proof-of-Reserves Pledge
Crypto exchange Binance founder Changpeng "CZ" Zhao urged industry players to provide "proof-of-reserves" on the heels of a proposal to acquire rival FTX. Kristin Smith of the Blockchain Association, a Washington, D.C.-based lobbying group, weighs in, saying it's "a good idea... but it's nothing that U.S. exchanges, at least the major ones, aren't already doing."
