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  • Upbit CEO: Crypto Regulation is Necessary, But is Korea on Right Track?

    Upbit CEO: Crypto Regulation is Necessary, But is Korea on Right Track?

    Exchange Latest News
    On December 10, Lee Seok-wu, the CEO of Dunamu, the parent company of South Korea’s largest crypto exchange Upbit, said that regulation is important to establish industry standards. During a meeting with several members of the Congress and the Financial Services Commission (FSC)hosted by Upbit, Bithumb, Gopax, Korbit, and Coinone, five of the biggest digital asset trading platform operators in the local market, Lee said: “The role cryptocurrency exchanges play in the cryptocurrency and blockchain ecosystem is crucial and the industry with the government…
  • Binance Launches Subsidiary Accounts To Benefit Institutional Investors

    Binance Launches Subsidiary Accounts To Benefit Institutional Investors

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    The cryptocurrency exchange behemoth, Binance, has finally launched their long-anticipated subsidiary accounts feature for institutional investors and high-tier individual traders. This new feature brings Binance one step closer to offering institutional investors the comprehensive, full-stack offering they expect. According to the official Binance Medium post, by offering subsidiary accounts, institutional account holders will now benefit from improved managerial control and asset auditing tools. Main Account & Sub-Accounts Entities meeting institutional level status will can set up a maximum of…
  • Crypto Exchanges Betting on Institutional Players — But Are They Coming?

    Crypto Exchanges Betting on Institutional Players — But Are They Coming?

    Exchange Latest News
    Binance, one of the world’s leading crypto exchanges, announced the launch of a new Sub-Account feature specially designed for institutional crypto traders. The company claims the new functionality is developed to meet the high requirements of its institutional account holders and offer them better services. From now on, every corporate user with an account tagged as VIP Tier3 and higher will be able to have multiple sub-accounts. The upgrade will enable institutions to open up to 200 accounts…
  • New Report Updates Cryptocurrency Exchange Ratings

    New Report Updates Cryptocurrency Exchange Ratings

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    A quarterly ratings report has upgraded the score previously given to seven cryptocurrency exchanges, while downgrading four. It has also added seven new exchanges, rating them on such metrics as trading volume, security, and compliance. In related news, Crypto Exchange Ranks (CER) has begun tracking the hot and cold wallets of exchanges as part of a drive to champion greater transparency.   Okex Downgraded, Bithumb Upgraded Cryptocurrency exchange ratings, much like cryptocurrency ratings, are highly subjective.…
  • Is The Upcoming Binance DEX Truly Decentralized?

    Is The Upcoming Binance DEX Truly Decentralized?

    Exchange Latest News
    Cryptocurrency exchange Binance plans to launch its own decentralized trading platform in 2019. However, not all crypto enthusiasts are actually sold on the decentralized nature of the future DEX. In early August 2018, Binance CEO Changpeng Zhao announced to the world his company was working on a decentralized exchange (DEX) meant to replace the current centralized platform. He even showed a sneak preview of the alpha stage with a neat demo of how to issue, list,…