Binance Among Crypto Exchanges Blocked as Uzbekistan Clamps Down Source
Binance Among Crypto Exchanges Blocked as Uzbekistan Clamps Down
Category: Exchanges
Coinsquare chief operating officer shares thoughts on being the first regulated crypto dealer exchange in Canada
It’s a story that still haunts the early generation of Canadian crypto users to this day. Four years prior, Gerald Cotten, co-founder of Canada’s then-largest cryptocurrency exchange QuadrigaCX, died under mysterious circumstances in India. But, before his passing, Cotten took virtual keys for digital wallets and moved them into cold storage, leading to the permanent loss of $190 million in user funds. The incident triggered a crisis of confidence in the country’s emerging crypto sector and made regulators deeply skeptical of blockchain technology. However, old wounds eventually heal. Fast forward…
Defi Attacker Siphons $570,000 From Curve Finance, Crypto Exchange Fixedfloat Freezes 112 Ethereum – Bitcoin News
Reports indicate that the decentralized finance (defi) protocol Curve was hacked for $570,000 in ethereum after people noticed that Curve’s front end was exploited. The attackers then tried to launder the funds via the crypto exchange Fixedfloat, and the trading platform’s team managed to freeze $200K worth of the stolen funds. Curve Finance Exploited for $570K — Fixedfloat Exchange Freezes More Than $200K, Domain Service Blamed Another defi hack was discovered on August 9, when the Paradigm researcher Samczsun tweeted that Curve Finance’s frontend was compromised. Curve Finance confirmed the…
Best Cryptocurrency Networking Events in UK
As the cryptocurrency industry continues to evolve, many cities are vying for the status of the next hub for digital assets. To date, London has emerged as one of the leading options, with an impressive resume of marquee cryptocurrency and networking events, blockchain investment, and innovation. Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading, Fintech, Digital Assets, Blockchain, and Payments. London being one of the most important financial centers globally is nothing new. However, with the rise of…
Iran Places First Official Import Order With Cryptocurrency Worth $10 Million – Regulation Bitcoin News
Iran has placed its first official import order using cryptocurrency worth $10 million, according to a government official. “By the end of September, the use of cryptocurrencies and smart contracts will be widespread in foreign trade with target countries,” the official added. Iran Uses Crypto to Place Import Order Iran placed its first official import order for $10 million worth of goods in cryptocurrency this week. Alireza Peymanpak, vice minister of Iran’s Ministry of Industry, Mine and Trade and president of the country’s Trade Promotion Organization (TPO), announced via Twitter…
Tron Founder Justin Sun Says His Crypto Exchange Poloniex Will Support All Future Forked Ethereum Tokens: Report
The founder and former chief executive of smart contract platform Tron (TRX) is reportedly saying that his crypto exchange will support all future forked Ethereum (ETH) tokens. According to a new report by Bloomberg, Sun says that Poloniex, a crypto exchange he heavily backed in 2019, will list any proof of work versions of Ethereum following The Merge. “Proof-of-work is essential to Ethereum [because it is very reliable]. For [a] proof-of-stake smart platform, we have Tron.” Sun is referring to Ethereum’s upcoming merge to its Beacon Chain and transition to…
Binance Halts Support for Indian Exchange WazirX After Latter’s Regulatory Scrutiny
Off-chain fund transfers between Binance and Indian cryptocurrency exchange WazirX are expected to be discontinued on August 11. However, users will still be able to deposit and withdraw funds using the standard withdrawal and deposit procedures between the two exchanges. Three days before the news, WazirX’s bank balances totalling $8.1 million connected to the exchange were frozen after The Directorate of Enforcement of India claimed that the exchange “actively assisted around 16 accused fintech companies in laundering the proceeds of crime using the crypto route.” The ownership of the exchange…
Top Analyst Says Ethereum (ETH) About To Rip, Calls One Exchange Token an ‘Actual Tank’
A popular crypto strategist says that a breakout rally is in sight for leading smart contract platform Ethereum (ETH). The crypto analyst known in the industry as Kaleo tells his 531,000 Twitter followers that Ethereum has broken out of its diagonal resistance against Bitcoin (ETH/BTC), and the pair looks primed for a new leg up. “ETH/BTC looks ready to finally rip higher… This is bullish.” Source: Kaleo/Twitter At time of writing, the ETH/BTC pair is trading for 0.073 BTC ($1,675). Kaleo is also bullish on BNB, the utility token of…
Banking Titan Citi Says Ethereum Merge Could Boost Crypto Exchange Coinbase Stock Price: Report
Banking giant Citi reportedly says that Ethereum’s (ETH) upcoming transition to proof-of-stake expected next month could be bullish for the stock of Coinbase, the largest crypto exchange in the US. According to a note to clients seen by Seeking Alpha, Citi analyst Peter Christiansen has his radar locked on Coinbase’s stock for 90 days in an upside catalyst watch. According to Christiansen, there are “good developments brewing” for Coinbase in the Ethereum merge, plus possible regulatory clarity on stablecoins. The former “could represent hundreds of millions of annual blockchain reward…
BTC Exchange Balance Hits the Lowest Level in 4 Years
The world’s largest cryptocurrency, Bitcoin (BTC) is currently going through a substantial price recovery after losing almost 70% of its value in the past eight months. Amid the latest market recovery, the BTC balance on leading digital exchanges is plunging. Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading, Fintech, Digital Assets, Blockchain, and Payments. According to Glassnode, an on-chain analytics platform, the Bitcoin exchange balance reached 2.37 million BTC on Friday, the lowest level since July 2018. Coinbase…