Hidden Road customers will have access to CROSSx, Crossover’s execution only communication network (ECN), to execute cryptocurrency spot transactions, according to the press release. Hidden Road is the first firm to onboard with CROSSx, which Crossover launched in March. Source
Day: May 23, 2023
Crypto Exchange OKX Targets France as Regional Hub With Plan to Hire 100 People
OKX has applied for a Digital Asset Service Provider license to join dozens of companies that have already won approval. Source
Shiba Inu’s Puppynet Testnet Logs 10M Transactions, Putting Ecosystem Tokens in Focus
CryptoX – Cryptocurrency Analysis and News Portal Ecosystem tokens shiba inu, leash and bone will be used to transact on the upcoming Ethereum-based blockchain. Original Source The post Shiba Inu’s Puppynet Testnet Logs 10M Transactions, Putting Ecosystem Tokens in Focus appeared first on CryptoX. CryptoX Portal
Philippines SEC Says Gemini’s Derivatives Exchange Is ‘Unregistered’
The Philippines’ Securities and Exchange Commission (SEC) has issued a warning against the crypto derivatives platform launched last month by Winklevoss twins-controlled Gemini Trust. According to the regulatory notice published last week, the newly launched platform markets and offers derivatives products categorized as securities under local laws. Gemini did not seek any registration from the Philippines regulator to launch its platform there. “GEMINI TRUST COMPANY, LLC. is not registered with the Commission and OPERATES WITHOUT THE NECESSARY LICENSE AND/OR authority to solicit, accept or take investments/placements from the public nor…
FTX CEO's Legal Billings Continue to Hint at '2.0 Reboot'
John Ray III billed just over 6.5 hours in his last cycle reviewing and working on what appears to be FTX 2.0 materials Source
President Biden sets sights on crypto amidst US debt crisis
Unmasking the tensions between crypto traders, wealthy tax evaders, and a potential financial crisis, U.S. president Joe Biden took a firm stance against biased fiscal deals. In the contested U.S. budget negotiations, an unexpected asset has come under the spotlight: cryptocurrency. Following a politically charged G7 meeting in Hiroshima, Japan, U.S. president Joe Biden fired a salvo against crypto traders and affluent tax cheats, refusing any agreement that could jeopardize food assistance for nearly a million Americans. BREAKING: President Joe Biden speaking on the final day of the G7 summit…
Exchange Token BGB Has Made 3,000% Since the Launch – New ATHs on the Horizon
HodlX Guest Post Submit Your Post It pays to be early in crypto. But if you can’t be early, you can still make money from being late – provided you’re not the last one in the door. No one wants to exit liquidity for tokens that have pumped massively, making their early adopters wealthy while leaving laggards to fight over single percentage-point gains. Just like exchange tokens such as BNB and KCS, Bitget’s BGB has pulled four-figure profits for those with the luck or wisdom to buy early and ‘hodl’…
FBI issues alert on crypto labor trafficking
The Federal Bureau of Investigation (FBI) has issued a warning regarding the rise of labor trafficking connected to cryptocurrency scams. In a recent report, the FBI highlights the trend of criminals exploiting false job advertisements to lure victims into Southeast Asia-based scam compounds, where they are forced to participate in fraudulent cryptocurrency investment operations. This emerging form of exploitation is a distressing blend of human trafficking and cryptocurrency fraud. New scams hit the marketplace According to the FBI, criminal actors specifically target individuals in Asia, using social media platforms and online employment…
TON accelerator program commits $25m this year for innovation
The TON accelerator program, supported by the $250 million TONcoin.Fund, has committed to allocating up to $25 million this year to support projects within the TON ecosystem. The capital will be channeled into a range of strategic initiatives complemented by valuable partnerships and mentorship from the program’s accelerator partners. More DeFi development TONcoin.Fund, a dedicated TON-based fund with $250 million backing it, is set to provide the capital that will be allocated to a range of projects placing an emphasis on the field of decentralized finance (DeFi). Each selected project…
Bitcoin BTC Price Holds Steady Near $27K as Investors Weigh Debt Ceiling Developments
Among major equity indexes, the tech-focused Nasdaq Composite climbed 0.5% to hit a 2023 high, while the S&P 500, which has a vital technology component, and Dow Jones Industrial Average (DJIA) ticked up 0.2% and 0.4%, respectively. Yields on Treasurys rose, and the price of gold sank slightly to $1,990, well below its near-record high early this month when investors were turning more to safe-haven assets. Original