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exchange

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05 Apr 23

OPNX exchange slow to start in bankruptcy claims market

The recently launched OPNX, a bankruptcy claims exchange platform co-founded by former Three Arrows Capital executives, experienced minimal trading volume, raising questions about its customer acquisition strategy and market demand. Open Exchange (OPNX), a bankruptcy claims exchange platform, was launched on April 5 by Kyle Davies and Su Zhu, co-founders of the unsuccessful crypto hedge […]

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04 Apr 23

Post FTX, 3AC-connected OPNX exchange goes live

In the aftermath of the FTX implosion, some former execs from defunct cryptocurrency firm 3AC have teamed up to launch a new cryptocurrency exchange. On April 4, the rebranded cryptocurrency exchange OPNX went operational and opened its order books to users to seize a share of the crypto claims market, which has more than 20 million claimants. […]

INNODEX positioned to compete1 1

04 Apr 23

NVIR by NvirWorld tops search volume ranking on MEXC, a global cryptocurrency exchange

The layer-3 mainnet project, NvirWorld, which launched its official trading service through the hybrid, decentralized exchange, INNODEX, is gaining traction. In the third week of March, NVIR, which had already taken second place in search volume after CryptoGPT on MEXC, a cryptocurrency exchange, rose to the top of the search rankings. In February, a media […]

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01 Apr 23

Justin Sun rumored to be selling his Huobi Exchange shares

Sources have it that Justin Sun, the inventor of Tron, is in talks to sell some of his holdings in Huobi Global, a crypto exchange. Last year, Justin Sun paid $1b for the crypto exchange after Hong Kong-based investment company About Capital, managed by Leon Li, the exchange’s creator and primary shareholder bought it out. […]

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31 Mar 23

Bitget customer accuses exchange of stealing $200k from account

An aggrieved customer has accused crypto exchange Bitget of theft and stated that the platform moved to freeze their account. Bitget accused of theft A Bitget customer with username “EvanLuthra” took to Twitter on March 31, 2023 to label the crypto exchange a scam, claiming that the platform “illegally stole” $200,000 from them and also […]

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24 Mar 23

Huobi exchange inks partnership deal with Copper

Huobi and Copper have partnered with Copper to join the ClearLoop Network. The integration will make it possible for the institutional clients of both firms to delegate capital for trading on Huobi while their assets remain under Copper’s secure custody. Huobi, the world’s 13th-largest digital assets trading venue, according to CoinMarketCap, has inked a memorandum […]

INNODEX Crypto VCs

20 Mar 23

Crypto venture capitals focus on DeFi as INNODEX builds a hybrid, decentralized exchange

While concerns over the banking crisis in the United States, following the bankruptcy of Silicon Valley Bank (SVB), have not subsided, distrust in the traditional financial system appears to support crypto assets. On Mar. 15, Galaxy Digital CEO, Mike Novogratz said with the SVB crisis, bitcoin has been rapidly increasing due to the widespread perception […]

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18 Mar 23

Solana’s leading crypto exchange Orca to block access for US users

The leading decentralized exchange on the Solana (SOL) blockchain, Orca, will prohibit users from the United States from trading coins on its front-end website effective March 31. On March 16, 2023, Orca announced via its official website that it was adding the United States to the regions and nations barred from trading. The reason for […]

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01 Mar 23

Tel Aviv stock exchange considers facilitating crypto trading

The Tel Aviv Stock Exchange has published a proposal to allow non-banking members (NBMs) to safely offer their customers bitcoin (BTC) and altcoins trading services. To make it easier for non-bank institutions based in Israel and registered under its umbrella to offer their customers digital assets trading services in a secure and regulatory-compliant way, the […]

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20 Feb 23

Huobi seeking Hong Kong license to launch local exchange

Huobi is taking steps to gain approval from Hong Kong regulators to operate in the city, and also establish a local subsidiary that will cater to institutional investors. Huobi looking to service Hong Kong customers In a tweet thread on Feb. 20, 2023, Justin Sun, advisor at Huobi and TRON founder, said that the new […]

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