Category: Exchanges

0x Labs Releases new Decentralized Exchange Version to Improve Trading Experience

boss

โ€œIn a world where there are billions of tokens, there are dozens of different blockchain networks and there are hundreds of different decentralized exchanges scattered across them, figuring out where to go, in order to buy or sell a token and get the best price gets more and more complicated,โ€ added Warren. Aggregation and providing a multichain product like Matcha is โ€œgoing to become more and more valuable for users over time.โ€ Source

Tel Aviv Stock Exchange Taps TipRanksโ€™ Tools

boss

Israelโ€™s Tel Avil Stock Exchange (TASE) has integrated TipRanksโ€™ Smart Portfolio solution with the bourseโ€™s new consumer-facing platform, TASE+, which provides users insight into their portfolio holdings, Finance Magnates learned exclusively. โ€œWe are excited to introduce our innovative Smart Portfolio to the Start-Up Nation,โ€ said the CEO of TipRanks, Uri Gruenbaum. Uri Gruenbaum, CEO TipRanks โ€œNow, all Israeli investors who trade on the TASE will have access to the same top-level investing insights as professional traders and hedge funds. TipRanks levels the playing field for everyday investors, giving them the…

8 ways crypto exchanges can help address liquidity concerns

boss

Globally, the young crypto industry struggles with image issues. The latest blow came in May 2023, when the U.K.โ€™s Treasury Committee recommended that crypto trading and investment be regulated as gambling rather than as a financial service.ย  Setting aside the fairness or accuracy of the opinions of regulatory agencies and crypto-skeptical investors, itโ€™s clear that the industry must take every possible step to earn the trust of outsiders. This includes the need for crypto exchanges to address liquidity concerns โ€” not only to enhance exchangesโ€™ trustworthiness and credibility, but also…

Philippines SEC Says Geminiโ€™s Derivatives Exchange Is โ€˜Unregisteredโ€™

boss

The Philippinesโ€™ 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. โ€œGEMINI 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…

Exchange Token BGB Has Made 3,000% Since the Launch โ€“ New ATHs on the Horizon

boss

HodlX Guest Postย ย Submit Your Post ย  It pays to be early in crypto. But if you canโ€™t be early, you can still make money from being late โ€“ provided youโ€™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, Bitgetโ€™s BGB has pulled four-figure profits for those with the luck or wisdom to buy early and โ€˜hodlโ€™…

Itโ€™s Now Too Difficult To Run a Centralized Crypto Exchange, Says Hotbit As It Shuts Down

boss

Hong Kong-based cryptocurrency trading platform Hotbit announced today that it will stop all operations on May 22, 2023. In a new announcement, Hotbit, which had 5 million users, citesย deteriorating operating conditions, crypto industry changes, and risk management concerns as their motives for shutting down. โ€œThis decision is based on three reasons: Firstly, the deterioration of the operating conditions. After the Hotbit management team was forced to suspend operations for several weeks due to the investigation in August 2022, the industry has experienced a series of crises, including the collapse of…

Prominent Crypto Exchange Hotbit Suspends Operations Amid Shifting Market Trends

boss

Hotbit, a prominent centralized cryptocurrency exchange (CEX), has announced that it will be suspending its business operations. The decision revealed on May 22, 2023, comes after five years of service. The crypto exchange cited several factors that led to this decision, including the shifting trends in the crypto market, the detachment of stablecoins from their $1 benchmarks, and the deteriorating operating conditions. Established in 2018, Hotbit swiftly gained popularity and became one of the leading exchanges in the industry. It offered users various options for trading digital assets, including meme…

PEPE Investors Targeted by Fake Transactions in New Cryptocurrency Scam

boss

Reports have emerge of unscrupulous entities resorting to fake transactions to defraud PEPE holders. The fraudulent activities primarily involve using doctored Etherscan screenshots, aiming to create an illusion that the deployer of PEPE is engaged in scam activities. This insidious strategy is intended to sow confusion and mistrust within the PEPE community, leading to potential financial losses. Recently, a Twitter account with the handle @serdegen0x allegedly collected 10 Ethereum (ETH) through a presale of PEPE tokens. However, shortly after the transaction, the tweet related to the presale was deleted, raising…