Exchange


Finance

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.

(Nikhilesh De/CoinDesk)

Markets

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.

Bitcoin's exchange reserve (CryptoQuant)

Policy

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.

Jakarta, Indonesia

Finance

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.

(mcmurryjulie/Pixabay)

Policy

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.

Prometheum founder and co-CEO Aaron Kaplan went on CoinDesk TV to discuss is Financial Industry Regulatory Authority (FINRA) broker-dealer license approval. (CoinDesk)

Finance

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.

Jamil Nazarali, CEO of crypto exchange EDX Markets (CoinDesk TV, modified)

Opinion

Every CEX Needs a DEX

Decentralization used to be a cherished principle, it’s now a competitive necessity.

Protesters gather outside the Senate Gallery minutes before midnight to stall Senate Bill 5, a bill that would put strict regulations on abortion facilities, from going to a vote at the Texas State Capitol. Photo by Lauren Gerson.

Tech

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.

Cypher Protocol suffers exploit (Clint Patterson/Unsplash)

Markets

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.

(Nikhilesh De/CoinDesk)

Videos

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."

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