Exchanges Archives

Bloomberg Veteran Assumes Head of Exchange Traded Derivatives at Sucden Financial

September 25, 2024 boss

Transformation in the APAC Trading Landscape and Beyond | FMPS:24 Transformation in the APAC Trading Landscape and Beyond | FMPS:24 Transformation in the APAC Trading Landscape and Beyond | FMPS:24 Transformation in the APAC Trading Landscape and Beyond | FMPS:24 Transformation in the APAC Trading Landscape and Beyond | FMPS:24 Transformation in the APAC Trading Landscape and Beyond | FMPS:24 As the financial services industry experiences rapid and transformative changes, leading fintech experts and policymakers come together to discuss the present and future of retail trading and the evolving regulatory…

South Korea’s FSC Endorses Nonprofit to Secure Crypto Assets after Exchange Closures

September 25, 2024 boss

Survey Shows 34.6% of Young Investors in Brazil Hold Cryptocurrency in Their Portfolios

September 24, 2024 boss

A survey conducted by Rico, an investment platform in Brazil, revealed young investors’ preference for cryptocurrency as an investment tool. According to the results, 34.6% of all investors aged 24 to 35 held crypto in their portfolios, making it the fourth most popular investment behind savings, fixed-income products, and stocks. Young Investors in Brazil Have […] Source

Early Ethereum Investor Prints 837,964% Gains, Deposits ETH to Crypto Exchange Kraken: Lookonchain

September 24, 2024 boss

An original Ethereum investor has suddenly moved millions of dollars of ETH after remaining inactive for years, according to blockchain tracking firm Lookonchain. Lookonchain notes that the whale participated in Ethereum’s 2014 initial coin offering (ICO) when they received 150,000 ETH at the Genesis block. According to the blockchain tracking firm, the initial investment that cost just $46,500 is valued today at about $389.7 million – translating to an increase of 837,964%. The holder just woke up after more than two years of dormancy to send 3,510 ETH, valued at…

Address Potentially Belonging To Bankrupt Crypto Lender Genesis Sends 5,000 ETH To Exchange: Arkham

September 24, 2024 boss

The bankrupt crypto lending firm Genesis has potentially begun to move millions of dollars worth of Ethereum (ETH). Data from the digital asset deanonymizing platform Arkham shows that a crypto wallet collected 114,503 ETH worth nearly $360 million from an address belonging to Genesis Trading: Bankruptcy Distribution. According to Arkham, the receiving wallet may also belong to Genesis but the blockchain tracking firm gave it a “lower confidence prediction” tag. On Sunday, the address in question sent 5,000 ETH worth nearly $13 million to a deposit address for the institutional…

Coinbase New Wrapped Bitcoin (cbBTC) Coming to Solana, Says Crypto Exchange’s Executive

September 23, 2024 boss

Top US-based crypto exchange Coinbase says its wrapped version of Bitcoin (BTC) is coming to the smart contract platform Solana (SOL). In a session during the Solana Breakpoint 2024 event, Coinbase executive Hasan Ahmed says the crypto exchange is introducing Coinbase Wrapped Bitcoin (cbBTC) to the Ethereum (ETH) competitor’s blockchain. “We recently launched cbBTC on Base, but our users love Solana and so do we, so we are very excited to announce that we will be bringing native cbBTC to Solana as well.” Base is Coinbase’s Ethereum layer-2 solution designed…

ASIC Expands Corporations Act, Mandating Financial Licenses for Crypto Exchanges

September 23, 2024 boss

Are Crypto Exchange Tokens a Good Investment? – SuperCryptoNews

September 23, 2024 boss

You’ve probably heard about crypto exchanges like Binance, KuCoin, Crypto.com, HTX , and others that sell tokens (e.g., BNB, KCS, CRO, and HT). Are these tokens worth buying? Can you make money from them? These tokens offer perks like discounts on trading fees and access to exclusive benefits or promotions. On top of that, their prices sometimes go up a lot, giving you opportunities to sell your tokens for a profit. At the same time, exchanges control those tokens outright. Unlike Bitcoin or other cryptocurrencies that are governed by immutable…

Singapore-Based Crypto Exchange BingX Suffers $52,000,000 Hack: Blockchain Security Firm

September 21, 2024 boss

New data from prominent blockchain security firm Cyvers reveals that a Singapore-based crypto exchange lost $52 million after being hacked. In a new post, Cyvers says that BingX’s hot wallet suffered a multimillion-dollar exploit affecting multiple blockchains, including Ethereum (ETH), Avalanche (AVAX), BNB, Optimism (OP), and Polygon (POL), Base, and Arbitrum (ARB). “Our system has flagged multiple suspicious transactions linked to BingX across several blockchains. Estimated losses have now exceeded $52 million, with most of the stolen assets currently being swapped.” According to cybersecurity firm Peckshield, the hacker made away…

Judge Extends Deadline for U.S. Securities and Exchange Commission To Produce Documents in Coinbase Court Battle

September 20, 2024 boss

A judge has granted the U.S. Securities and Exchange Commission’s (SEC) request for a deadline extension to produce documents related to its court battle with the crypto exchange Coinbase. The SEC first sued the exchange in June 2023 for allegedly violating securities laws, including selling unregistered securities and operating an unregistered exchange/broker agency. This summer, Coinbase asked District Judge Katherine Polk Failla to order the regulator to search for and produce documents related to its previous communication with crypto issuers. The exchange also argued that the SEC needs to do…