Crypto Exchange

CoinFLEX has proposed a plan to compensate depositors whose withdrawals have been suspended. (Shutterstock)
CoinFLEX Proposes Plan to Compensate Depositors, Restructure Business
The exchange wants to issue new recovery tokens and also give depositors equity in the firm and locked FLEX Coins.
CoinFLEX has proposed a plan to compensate depositors whose withdrawals have been suspended. (Shutterstock)

Singapore-based crypto exchange Zipmex's loan business with Babel Finance and Celsius is part of the reason why the exchange is having financial difficulties. (Swapnil Bapat/Unsplash)
Zipmex Confirms Loans Worth $53M to Babel and Celsius
CoinDesk reported Wednesday that the exchange's financial difficulties link back to crypto lender Babel Finance.
Singapore-based crypto exchange Zipmex's loan business with Babel Finance and Celsius is part of the reason why the exchange is having financial difficulties. (Swapnil Bapat/Unsplash)

(dennizn/Shutterstock)
Crypto Exchange KuCoin Raises $10M From Susquehanna to Fund Hiring, Growth Plans
The firms will also work together to help incubate and build networks for crypto startups.
(dennizn/Shutterstock)

Bangkok (Getty Images)
Thai SEC Asks Zipmex to Clarify Withdrawal Freeze
The crypto exchange was asked whether it used Celsius Network or Babel Finance in connection to its ZipUp program.
Bangkok (Getty Images)

Report: Prosecutors Raided 7 Korean Exchanges Amid Terra Probe
Report: Prosecutors Raided 7 Korean Exchanges Amid Terra Probe
Seven crypto exchanges in South Korea have reportedly been raided by prosecutors probing a fraud case in connection with the collapse of algorithmic stablecoin terraUSD (UST)...
Report: Prosecutors Raided 7 Korean Exchanges Amid Terra Probe

Zipmex blocks clients from taking direct custody of their funds. (Peggy_Marco/Pixabay)
Crypto Exchange Zipmex Suspends Withdrawals, Citing Market Volatility
The outfit becomes the latest digital-assets platform to make that move.
Zipmex blocks clients from taking direct custody of their funds. (Peggy_Marco/Pixabay)

CoinDesk placeholder image
Coinbase Secures Regulatory Approval in Italy
The crypto exchange joins Binance in gaining clearance in that country.
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Binance CEO Changpeng Zhao (CoinDesk archives)
Binance Fined $3.4M by Dutch Central Bank
The crypto exchange was penalized for failing to register in the Netherlands.
Binance CEO Changpeng Zhao (CoinDesk archives)

CoinFLEX restarts withdrawals. (FLY:D/Unsplash, modified by CoinDesk)
CoinFLEX Restarts Withdrawals With 10% Limit
Customers still won't be able to withdraw the platform's native token, though.
CoinFLEX restarts withdrawals. (FLY:D/Unsplash, modified by CoinDesk)

KuCoin told CoinDesk it isn't reducing its headcount. (Joao Viegas/Unsplash)
KuCoin Denies Layoff Rumors, Says It's Hiring 300
The crypto exchange plans to add employees in tech, compliance and marketing.
KuCoin told CoinDesk it isn't reducing its headcount. (Joao Viegas/Unsplash)