Category: Exchanges

How Athletes are Embracing Cryptocurrency Sponsorships

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Athletes are increasingly adopting bitcoin sponsorships as part of their endorsement deals in the world of sports. Famous athletes, ranging from high-profile footballers to Olympic competitors, are forming alliances with Bitcoin companies. This article digs into the growing popularity of cryptocurrency sponsorships in the sports sector, examining the advantages and disadvantages for both sportsmen and the crypto firms involved. Cryptocurrency Sponsorships Are Emerging As the popularity of cryptocurrencies grows, sportsmen are looking for ways to collaborate with creative companies in the crypto field. Endorsement Deals Diversification Crypto sponsorships allow athletes…

Archax Launches Institutional Crypto Exchange, Lists 2 Pairs

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London-based Archax announced today (Wednesday) the launch of its institution-focused cryptocurrency exchange, which will be operational around the clock. The exchange is focused on catering to the demand from professional and institutional clients. Discover StealthEX.io – the future of cryptocurrency. Swap instantly across 1000+ coins, no sign-up, secure, and private. Dive into the new age of crypto! Initially, the exchange has listed only BTC and ETH against USD. However, it plans to add more trading pairs in the coming weeks and throughout the rest of the year. “We are thrilled…

Namibia Repeals Crypto Ban with New Regulations for Exchanges

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African countries are moving to the forefront to regulate crypto as the government of Namibia has become the latest to officially sign a law to regulate the Virtual Asset Service Providers operating in the country. The law was approved by Namibia’s National Assembly on July 6, signed by the President on July 14, and inserted into the Gazette of the Republic of Namibia on July 21. Discover StealthEX.io – the future of cryptocurrency. Swap instantly across 1000+ coins, no sign-up, secure, and private. Dive into the new age of crypto!…

Crypto Exchange KuCoin to ‘Adjust Some Personnel as Needed’, but Denies Report of Major Layoffs

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In a statement to CoinDesk, a spokesperson for KuCoin said that the company has “not initiated any alleged layoff plans.” However, the spokesperson said that “as part of the company’s business development and semi-annual employee performance review, there might be some personnel adjustments as needed, which is a normal process in organizational development.” Source

Arkham Intel Exchange approves $5K bounty for info on Do Kwon and Terra wallets

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A platform aimed at ‘deanonymizing the blockchain’ has accepted its first submission for information concerning information on wallet addresses connected to Terraform Labs and its co-founder Do Kwon. In a July 24 announcement, Arkham Intel Exchange said it had accepted a submission from two “on-chain sleuths” resulting in a bounty payment of 9519.2625 ARKM — roughly $5,000 at the time of publication. An anonymous user and Ergo, a self-described “glorified accountant” working with OXT Research, sent the platform “evidence of wallets” owned by Kwon and Terra. Ergo said this information…

Zeebu (ZBU) Token Goes Live for Trading on LBank Exchange

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July 23, 2023 – Dubai, United Arab Emirates The world’s first loyalty token tailored for telecom carrier businesses – Zeebu (ZBU) – has been successfully listed on global cryptocurrency exchange LBank. From today, users of the LBank Exchange can officially trade the ZBU/USDT trading pair. The milestone marks a significant step in the journey of Zeebu, whose goal is to empower telecom carriers with loyalty rewards and streamline invoice settlements within its ecosystem. Listing details Trading pair – ZBU/USDT Start deposit – 07:00 UTC on July 21, 2023 Start trading –…

Binance Embraces Worldcoin: Altman’s Orb-Based Project Goes Live on Major Exchange

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Binance has announced that it would be launching the Worldcoin token, the principal digital asset of the Worldcoin project, co-founded by the brilliant AI programmer and entrepreneur Sam Altman. Worldcoin’s introduction on Monday received a lot of attention from the cryptocurrency community due to its novel approach to resolving issues of identification and wealth disparity. Released in May, Worldcoin’s World App is a gas-free crypto wallet that showcases the company’s commitment to innovation after its transition from Polygon to Optimism. Binance is adding two new spot trading pairs for the Worldcoin…

Bitcoin whale exchange inflow share hits 1-year high — over 40%

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Bitcoin (BTC) whale buying and selling in 2023 is mostly from speculative investors, new data reveals. In the latest edition of its weekly newsletter, “The Week On-Chain,” analytics firm Glassnode shows that contrary to popular belief, opportunistic entities are the most active whales. The birth of the Bitcoin “short-term holder” whale Since BTC price action returned to $30,000, a shift has taken place among Bitcoin traders. As Glassnode shows, so-called short-term holders (STHs) — investors holding coins for a maximum of 155 days — have become significantly more common. As…

Nigerian social payments app shuts down crypto exchange services

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Nigerian social payments app, Bundle announced on July 20 that it is shutting down its crypto exchange arm.  According to a statement released on the company blog, explaining that it is ceasing its crypto exchange operations as it focuses on expanding the services of Cashlink as a payment solution. Bundle stated that it will cease operations of its exchange services as part of the shareholders’ decision to restructure the business to focus on Cashlink. Screenshot of Bundle press release statement. Source: Bundle In the statement, the company cited that this…

Indonesian Launches Crypto Exchange and Clearing House

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The Indonesian commodities futures regulator has established the country’s official cryptocurrency exchange as part of the efforts to regulate the fast-growing digital asset space. Additionally, the regulator has established a clearing house for digital assets. Discover StealthEX.io – the future of cryptocurrency. Swap instantly across 1000+ coins, no sign-up, secure, and private. Dive into the new age of crypto! The Commodity Futures Trading Regulatory Agency (CoFTRA) made the announcement yesterday (Thursday). In the statement, the regulator noted that it had established an official platform for storing digital assets in the…