Major crypto exchange Bitpanda is listing Floki Inu (FLOKI) after the meme token surged more than 300% this year. The Austrian-based exchange says investors can start trading FLOKI on their platform beginning March 17th. “Less than 24 hours until we let the dogs out! Well FLOKI more specifically.” The Dogecoin (DOGE) and Shiba Inu (SHIB) competitor is celebrating how the listing will make it easier for those living in Europe to invest in the token. “Bitpanda will be listing FLOKI on the 17th of March! With over 4 MILLION users,…
Category: Exchanges
21Shares Closes 6 Crypto Exchange-Traded Products
The products on the chopping block include the 21Shares Crypto Layer 1 ETP (LAY1), the 21Shares DeFi 10 Infrastructure ETP (DEFII), 21Shares S&P Risk Controlled Bitcoin Index ETP (SPBTC), the 21Shares S&P Risk Controlled Ethereum Index ETP (SPETH) and the 21Shares USD Yield ETP (USDY), which will all close after the April 6 trading day. The sixth product – 21Shares Terra Classic ETP (LUNA) – will keep trading until June 12. The six closures have less than $700,000 in assets under management combined. Source
ChipMixer, Cryptocurrency Mixer Shut Down for Allegedly Laundering Over $3 Billion in Illicit Transactions
Cryptocurrency service ChipMixer has been shut down by authorities in the US and Germany for its alleged involvement in laundering over $3 billion in illicit transactions since 2017. The platform was reportedly used by ransomware groups, suspected North Korean hackers, and darknet market users to obfuscate the source of stolen cryptocurrency. Europol revealed that up to $46.3 million in crypto had been seized from ChipMixer. One North Korean cyberattack alone, against the online game Axie Infinity and Horizon Bridge, saw $700 million in stolen funds processed by the mixer, according…
DeFi Exchange mStable Mulls Over Acquisition, Merger Offers
The project has three options: pursue a merger with another crypto project, greenlight its acquisition by another project or sunset its services entirely. Merger offers have come in from Spool DAO and Idle Finance, while DHEDGE and Origin Protocol are eyeing acquisitions of MStable. Source
In About-Face, Crypto Exchanges Abandon Support for STG Token Reissuance
Stargate Finance’s original STG token is gaining support again after StargateDAO canceled its plans to reissue STG following a dispute with FTX liquidators. Source
Ethereum Creator Vitalik Buterin Sends 200 ETH to Crypto Exchange Kraken: PeckShield
Ethereum founder Vitalik Buterin is once again on the move, sending hundreds of Ethereum (ETH) to a major US-based digital asset exchange. Blockchain security firm Peckshield initially spotted the transfer and revealed that a wallet owned by Buterin shifted 200 ETH worth over $323,000 to a wallet of unknown origin. The ETH trove was subsequently moved to crypto exchange Kraken where it could potentially be sold on the open market. “PeckShieldAlert: vitalik.eth has transferred 200 ETH to Kraken within the last one hour.” Source: PeckShield/Twitter According to blockchain-tracking service Etherscan,…
Navigating the Wild West of Cryptocurrency Investing
Cryptocurrency is a rapidly changing market, with new digital assets appearing on a daily basis. Investors are finding it increasingly difficult to navigate the market as it grows. In this article, we will look at how to navigate the uncharted territory of cryptocurrency investing. Investing in cryptocurrency entails purchasing and holding digital assets with the goal of profit. Cryptocurrencies are decentralized digital assets that secure and verify transactions using cryptography. They operate independently of central banks and governments, and their value is determined by market supply and demand. The Uncharted…
Binance Launches Prepaid Card in Colombia – Exchanges Bitcoin News
Binance, the cryptocurrency exchange, has launched a prepaid cryptocurrency card in Colombia, expanding its reach in Latam. The card, which will allow customers with their identity verified to make payments with crypto, establishes the country as one of the leading markets for the exchange in Latam behind Brazil and Argentina. Binance Announces Crypto Prepaid Card in Partnership With Movii Binance, the biggest cryptocurrency exchange in volumes traded, is making moves to expand its services in Colombia. The company announced the launch of a new prepaid cryptocurrency-linked card, that…
FBI Warns About Cryptocurrency Theft Scams Using Play-to-Earn Games – Security Bitcoin News
The FBI has issued a public service announcement (PSA) warning on the utilization of play-to-earn games as part of a scheme to defraud users of funds stored in the form of cryptocurrency. Criminals are introducing victims to this kind of game and then use malware to extract the funds from cryptocurrency wallets linked to the game, according to the bureau. FBI Issues PSA on Play to Earn Games Crypto Scheme The Federal Bureau of Investigation (FBI) is warning about the introduction of play-to-earn games in schemes destined to steal funds…
USDC Trading Dominates Record Day for DeFi Exchanges Uniswap, Curve
DEXs rely on smart contracts instead of middlemen to provide financial services, such as trading, lending, or borrowing, to users. Users deposit their tokens to pools to provide liquidity to the platform for rewards – typically a cut of fees paid by traders who use these services. Source