{"id":32651,"date":"2020-12-01T16:27:29","date_gmt":"2020-12-01T14:27:29","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=32651"},"modified":"2025-08-28T09:45:50","modified_gmt":"2025-08-28T06:45:50","slug":"stellarx-the-decentralised-exchange-changes-hands","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/stellarx-the-decentralised-exchange-changes-hands\/","title":{"rendered":"StellarX, the decentralised exchange, changes hands"},"content":{"rendered":"<p>The struggling Canadian bitcoin exchange Coinsquare has sold the decentralized exchange StellarX to Ultra Stellar, the software development company.<\/p>\n<p><!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">We are very excited to announce that StellarX has been acquired by Ultra Stellar, the company behind <a href=\"https:\/\/twitter.com\/Lobstrco?ref_src=twsrc%5Etfw\">@Lobstrco<\/a> and <a href=\"https:\/\/twitter.com\/StellarTerm?ref_src=twsrc%5Etfw\">@Stellarterm<\/a>.<a href=\"https:\/\/t.co\/8suVhHnoBH\">https:\/\/t.co\/8suVhHnoBH<\/a><\/p>\n<p>\u2014 StellarX (@stellarxhq) <a href=\"https:\/\/twitter.com\/stellarxhq\/status\/1333429573707558923?ref_src=twsrc%5Etfw\">November 30, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>StellarX joined Ultra Stellar&#8217;s product portfolio along with the cryptocurrency wallet LOBSTR and StellarTerm, an open-source client for accessing decentralized exchanges (DEX).<\/p>\n<p>StellarX began operating in September 2018. It supports peer-to-peer trading of both cryptocurrencies and fiat. Coinsquare acquired the platform in February 2019.<\/p>\n<p>In July 2020, the Ontario Securities Commission accused Coinsquare of falsifying 90% of its trading volumes. After that, nearly all of the exchange&#8217;s leadership left.<\/p>\n<p>In November 2020 the Canada Revenue Agency <a href=\"https:\/\/forklog.com\/en\/news\/canada-revenue-agency-requests-data-on-all-coinsquare-clients-the-countrys-leading-cryptocurrency-exchange\">requested<\/a> data on Coinsquare&#8217;s users for the past seven years.<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\"https:\/\/t.me\/forkloglive\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog FEED<\/a> \u2014 the full news feed, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The struggling Canadian bitcoin exchange Coinsquare has sold the decentralized StellarX to Ultra Stellar, the software development company.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[838,787,243],"class_list":["post-32651","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-coinsquare","tag-dex","tag-stellar"],"aioseo_notices":[],"amp_enabled":true,"views":"14","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/32651","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=32651"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/32651\/revisions"}],"predecessor-version":[{"id":32652,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/32651\/revisions\/32652"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=32651"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=32651"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=32651"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}