Bitcoin Held on Trading Platforms Continues to Drop Lower, Over 68% of the Total Held by 5 Exchanges

Bitcoin Held on Trading Platforms Continues to Drop Lower, Over 68% of the Total Held by 5 ExchangesAmid the market carnage tied to Terra’s recent fallout, bitcoin sent to exchanges saw a brief spike on May 7, jumping more than 2% higher from 2.481 million to 2.532 million bitcoin. Despite the recent increase of bitcoin sent to trading platforms, the number of bitcoins on exchanges today remains lower than ever before. Bitcoin […]

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Kraken Becomes First Global Crypto Exchange Fully Licensed by Abu Dhabi Global Market

Kraken Becomes the First Global Crypto Exchange to Be Fully Licensed by Abu Dhabi Global MarketAbu Dhabi Global Market has awarded a full financial license to crypto exchange Kraken. “Kraken will be the first global virtual assets exchange group in the UAE to offer investors the ability to invest, trade, withdraw and deposit virtual assets (bitcoin and ether) directly in local AED currency,” the regulator explained. Kraken Establishes Middle East […]

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Derivatives Exchange Giant CME Group Adds 11 New Cryptocurrency Reference Rates

Derivatives Exchange Giant CME Group Adds 11 New Cryptocurrency Reference RatesGlobal markets company and Chicago-based derivatives exchange CME Group plans to launch 11 new reference rates tied to specific crypto assets. The reference rates and real-time indices bolstered by CF Benchmarks are typically leveraged by exchange-traded products and other investment vehicles. 11 Crypto Assets Get Reference Rate Treatment From CME Group and CF Benchmarks CME […]

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Crypto Exchange Kraken Pledges Over $10 Million to Support Ukrainian Users

Crypto Exchange Kraken Pledges Over $10 Million to Support Ukrainian UsersKraken is planning to hand out more than $10 million in aid for clients affected by the military conflict in Ukraine. The amount covers the fees paid by Ukrainian residents in almost a decade and will also include those withheld from Russian traders in the first half of 2022. Kraken Exchange to Give $1,000 in […]

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Despite Recent Threats From Canadian Officials, ‘Real Crypto’ or Decentralized Assets Cannot Be Frozen

Over the last week, there’s been a lot of discussion about Canada ‘freezing’ digital currency accounts that are associated with the Canadian trucker’s Freedom Convoy. Amid the topical conversation, it should be stressed that decentralized cryptocurrencies like bitcoin and ethereum, cannot be frozen directly within the network. However, the Canadian government can flag specific digital […]

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