Raising $10 million out of $117 million to date, INX expects to finish the IPO by year’s end.
Cryptocurrency Exchange News
Cryptocurrency exchanges are an integral part of how people and institutions access Bitcoin (BTC) and other digital assets, yet these services didn’t arrive until over a year after Bitcoin’s launch.
In the early days, the predominant means of acquiring Bitcoin was by either mining or direct, peer-to-peer exchange. When the first crypto exchange, BitcoinMarket.com, launched in spring 2010, people could finally access the burgeoning cryptocurrency industry without technically demanding mining, risky P2P deals or the critical responsibility of key management.
Cryptocurrency exchanges can be incredibly lucrative, daunting, risky enterprises, as they navigate a rapidly maturing industry, shifting regulatory frameworks and adversaries looking for any vulnerability.
Nevertheless, exchange platforms will continue to be critical to the industry, as they provide the primary bridges between the world of fiat and the world of crypto.
Only 8.1% of Bitcoin is held on exchanges compared to Ether, one-quarter of which sits on exchanges.10884
The Uniswap community is voting on its second-ever governance proposal to distribute 5 million governance tokens to users who interacted with the DEX via a third-party platform.25400
TaxBit’s tool will allow Gemini customers to increase their tax refund.3865
The innovative cryptocurrency futures exchange FTX has launched fractionalized trading in stock derivatives.7466
The pandemic is not stopping Peru's lawmakers from testing ways of regulating the crypto industry.3678
The forthcoming digital asset exchange from Singapore’s largest bank DBS is expected to encourage other Asian financial institutions to reveal their crypto strategies.5994
Another global bank believes that digital assets are the future of the global economy.18923
Another automotive company is moving into crypto.8876
With new changes to the Travel Rule up for discussion and a bevy of new cases in the courts, it's time to look at how U.S. AML law is shifting to cope with crypto.19066
Can anyone hold North Korea responsible for its attacks on the crypto industry?5624
A new report has found almost half of all Bitcoin traded on the P2P exchange Paxful is exchanged for gift cards.9046
Bitstamp is replacing its CEO for the first time since the company’s establishment.4068
Japanese residents can once again trade BTC, ETH, LTC, XRP, and BCH on Kraken, two years after it pulled out of the country.2125
The CFTC has issued new guidance for crypto derivatives markets that hold customer funds, much of which boils down to "be very, very careful."6773