Binance, Coinbase, Bitfinex, Bittrex, OKEx, Gemini latest updates
NEWS
September 26  |  3 min read

Binance, Coinbase, Bitfinex, Bittrex, OKEx, Gemini: an Overview of the Latest Developments

The COIN360 Editorial Team

COIN360 summarized the latest developments reported by some of the world’s largest cryptocurrency exchanges this week.

Bitfinex

September 24 saw Bitfinex relaunching its initial exchange offering (IEO) platform, formerly known as Tokinex. The platform now bears the name of “Bitfinex Token Sales” (BTS). Starting October 22, BTS will be offering the first token, namely Liquid sidechain-based K.im (KIM).

Coinbase

On September 25, Coinbase opened Chainlink (LINK) and Stellar Lumen (XLM) trading for the residents of New York State. The following 24 hours saw the XLM price gaining more than 11%. However, today the XLM price changed direction and went back into decline.

Binance

Phase six of the Binance Lending platform went live at 06:00 UTC on September 25. One day earlier, Binance provided its users with yet another means of buying cryptocurrencies with fiat money. The integration with payment processing company Koinal made it possible to buy Bitcoin (BTC), Ether (ETH), Ripple (XRP), Bitcoin Cash (BCH), and Litecoin (LTC) with regular Mastercard and Visa debit/credit cards in supported countries.

The same day saw Binance.US going live with the following trading pairs available:
USD Pairs: BTC/USD, ETH/USD, XRP/USD, BCH/USD, LTC/USD, BNB/USD, and USDT/USD.
USDT Pairs: BTC/USDT, ETH/USDT, XRP/USDT, BCH/USDT, LTC/USDT, and BNB/USDT.

These were supplemented yesterday (September 25) by the following ones: REN/USDT, RVN/USDT and HC/USDT.

Bittrex

Earlier today (September 26), Bittrex reported on the successful deployment of the Know Your Transaction (KYT) solution developed by the blockchain analysis company Chainalysis. KYT system is supposed to monitor large-scale crypto transactions, while contributing to higher-quality risk assessment and management and ensuring compliance with existing regulatory standards.

OKEx

This Monday (September 23), OKEx revealed its plans to launch Tether (USDT) margin futures in October. OKEx has been recently accused of wash trading by the Blockchain Transparency Institute, which included these allegations in their 5th surveillance report. The CEO of OKEx Jay Hao addressed the accusations on Twitter, claiming that they are “false” and challengedBTI to participate in a 100 BTC-worth argument.

Gemini

As reported yesterday (September 25) by the Gemini team, their custody platform, Gemini Custody, now boasts the support of 18 crypto assets.