The crypto market is still in its infancy, and many new users are eager to get involved with this exciting new asset class. However, the industry grows and becomes more mainstream. Therefore, there will be an increased need for people with knowledge of how cryptocurrencies work and how they can use them safely. Start at The Beginning Newer customers must understand what they’re getting into before using crypto exchanges. There are many ways to lose money quickly if you don’t know what you’re doing, and a misunderstanding of how cryptocurrencies…
Category: Exchanges
BitMEX CEO Alexander Hoeptner Departs From Crypto Exchange: Report
The firm’s CFO Stephan Lutz was appointed as interim CEO, according to the report. Source
Tel Aviv Stock Exchange to Launch a Crypto Trading Platform
The Tel Aviv Stock Exchange (TASE) has published its five-year strategic plan between 2023 and 2027, aiming to develop a blockchain-based platform for facilitating cryptocurrency exchange Cryptocurrency Exchange A cryptocurrency exchange is an online platform that supports the exchange of various currencies for a cryptocurrency or digital asset.Comparable to a generalized financial exchange, a crypto exchange’s core function is to permit and encourage the buying and selling of cryptos.This is accomplished by producing a stable trading environment suitable for traders nested through different locations around the world. Sometimes a crypto…
Africa Focused Crypto Exchange Yellow Card Granted VASPs License in Botswana – Emerging Markets Bitcoin News
Yellow Card, an Africa-focused cryptocurrency exchange platform, recently said it has received a virtual asset service provider (VASP) license to operate in Botswana. Granted by the country’s Non-Bank Financial Institutions Regulatory Authority, Yellow Card’s license allows the crypto exchange to bolster its operations on the continent. Working With Regulators The Africa-focused cryptocurrency exchange platform, Yellow Card, recently revealed it had received a virtual asset service provider (VASP) license to operate in Botswana. The licence, which was issued by Non-Bank Financial Institutions Regulatory Authority (NBFIRA), makes Yellow Card the first crypto…
Israel’s Stock Exchange Unveils Plan to Create Digital Asset Platform and Venture Into Crypto – Exchanges Bitcoin News
The Tel-Aviv Stock Exchange, the only public stock exchange in Israel, has announced that it is entering the crypto space and creating a platform for digital assets. “The next five years are a critical window of opportunity for TASE to play an active role in the technological revolution of the global capital markets,” said the CEO of the Tel-Aviv Stock Exchange. Tel-Aviv Stock Exchange Entering Crypto Space The Tel-Aviv Stock Exchange (TASE: TASE), the only public stock exchange in Israel, announced Monday its new strategic plan for the years 2023-2027.…
New Apple rules double down on 30% NFT ‘tax’ and geo-limits exchanges
Technology heavyweight Apple has clarified its App Store rules around nonfungible tokens (NFTs) and cryptocurrency exchanges marking the first time its codified specific rules for NFTs. The new rules confirm how NFT purchases will be taxed and what they can and can’t be used for, while also clarifying rules around when a crypto exchange app can be listed. The Oct. 24 update to its App Store guidelines saw language added that allows fo in-app purchases of NFTs, but bars any NFTs acquired elsewhere to be used for anything other than…
Cardano (ADA) Could Soon Be Listed on Crypto Exchange FTX, According to CEO Sam Bankman-Fried
Crypto exchange FTX founder Sam Bankman-Fried says he’s willing to bet that smart contract platform Cardano (ADA) will be listed on his platform soon. In response to a Twitter user claiming FTX is avoiding listing ADA, Bankman-Fried pointed out that ADA perpetual futures contracts are already available on the platform. “Definitely not the case! we have [ADA-Perp] listed internationally; adding spot ADA too is on our roadmap” Bankman-Fried also hinted that ADA’s absence from the exchange is more logistical than anything else, saying that FTX is still looking to secure sufficient…
Polygon-Based Decentralized Exchange Quickswap Loses $220K in Flash Loan Exploit – Defi Bitcoin News
On Monday, the Polygon-based decentralized exchange (dex) Quickswap lost $220K in a flash loan exploit and following the attack, the team detailed the Quickswap Lend platform will be terminated. Quickswap Hacked for $220K, Dex Project Sunsets Lending Platform 2022 has been quite the year for decentralized finance (defi) hacks as billions have been stolen due to mistakes, flash loans, faulty smart contracts, and unchecked lines of code. On October 24, Quickswap explained that the Market XYZ lending market was compromised for $220,000. “Quickswap Lend is closing,” the team’s Twitter account…
Tel Aviv Stock Exchange to create crypto platform
The Tel Aviv Stock Exchange (TASE) disclosed on Oct. 24 the creation of a blockchain-based platform to expand its trading services to cryptocurrencies and other digital assets as part of the new strategic plan for the years 2023 to 2027. The exchange stated about its venture into crypto and the creation of a digital asset platform: “TASE will promote the implementation of innovative technologies, including DLT, tokenizing of various classes of digital assets and smart contracts. TASE intends to examine multiple potential action plans, including conversion of existing infrastructure to…
Crypto Exchange Bybit Spends $3.8M on Bithumb Shareholder T-Scientific’s Convertible Debt
Singapore-based Bybit bought almost a third of the 16 billion won of convertible debt T-Scientific issued at the end of last month. T-Scientific (057680) is listed on the South Korean stock exchange. Convertible debt is a fixed-income security that pays interest but can be converted into equity under certain conditions. Source