Category: Exchanges

Hantec Markets Launches 24/7 Cryptocurrency CFD Trading as Bitcoin Tops $100K

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Hantec Markets has introduced around-the-clock trading for crypto contracts for difference (CFDs), allowing clients to access digital asset markets 24/7, the multi-asset brokerage announced today (Tuesday) Hantec Markets Rolls Out 24/7 Crypto CFD Trading The service, which became operational earlier this month, has already generated increased trading activity, indicating strong client interest in continuous market access, according to the company. The launch comes as cryptocurrency markets experience heightened volatility, with Bitcoin recently surpassing $100,000 following a difficult April trading period. Market movements have been influenced by macroeconomic data releases, including…

Investor Kidnapped, Driven to Remote Desert and Robbed of $4,000,000 in Cryptocurrency by Teenagers: Report

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Three teenagers are being accused of kidnapping a wealthy investor and then stealing $4 million in digital assets after driving him to a desert outside of Las Vegas. Court records show that Belal Ashraf and Austin Fletcher, both 16, are now facing charges of robbery, kidnapping and extortion, while a third yet-named accomplice remains at large, reports local CBS-affiliate 8 News Now. A juvenile court judge previously ruled that Ashraf and Fletcher, both from Florida, will face charges as adults. Prosecutors say the third teenager is no longer in the…

24 Exchange Introduces FX Swaps for Institutional Traders in Collaboration With Standard Chartered

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Maximising Broker Growth with B2CORE’s IB Module Maximising Broker Growth with B2CORE’s IB Module Maximising Broker Growth with B2CORE’s IB Module Maximising Broker Growth with B2CORE’s IB Module Maximising Broker Growth with B2CORE’s IB Module Maximising Broker Growth with B2CORE’s IB Module In this webinar recording, Morgan Williams, Product Director at B2Core, delivers a comprehensive overview of how B2Core’s IB module empowers brokers to build and scale their Introducing Broker (IB) programs. Discover how B2Core streamlines IB management, from efficient trader onboarding and automated commission tracking to providing IBs with…

FTX EU creditors can now withdraw money from Backpack exchange

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Crypto exchange Backpack announced that customers of the defunct crypto exchange FTX EU can begin reclaiming their funds through its service. According to a May 12 X post, Backpack now allows FTX EU users who selected it as the redistribution platform to claim their euro balance. Users must first complete Know Your Customer (KYC) verification on the exchange before they can withdraw funds. Backpack’s support page also explains that the KYC details on the platform must match the ones provided to FTX EU: “If they do not, you will need…

German Police Seize $38,260,000 in Crypto From eXch Amid Allegations the Exchange Laundered Hacked ByBit Funds

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German law enforcement has seized tens of millions of dollars in digital assets from eXch, a controversial crypto exchange facing allegations that it laundered crypto stolen in the record-setting Bybit exploit earlier this year. On April 30th, Germany’s Federal Criminal Police Office (BKA) and Frankfurt’s Public Prosecutor’s Office seized eXch’s German server infrastructure, per a new press release. The seizure included eight terabytes of data and €34 million ($38.26 million) worth of Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Dash (DASH). Last month, eXch took to the BitcoinTalk forum to announce…

Top US Crypto Exchange Coinbase To Acquire Derivatives Platform Deribit

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The largest crypto exchange by trading volume in the US just inked an agreement to acquire the Dubai-based derivatives platform Deribit. In a statement, Coinbase says the deal costs approximately $2.9 billion, which includes $700 million in cash and 11 million shares of its Class A common stock subject to purchase price adjustments. “This strategic acquisition significantly advances Coinbase’s derivatives business, establishing us as the premier global platform for crypto derivatives… It’s foundational to our vision of creating the most comprehensive, compliant, and user-friendly derivatives platform globally.” Deribit is the…

Online Trading Firm iFOREX Eyes IPO on London Stock Exchange

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Maximising Broker Growth with B2CORE’s IB Module Maximising Broker Growth with B2CORE’s IB Module Maximising Broker Growth with B2CORE’s IB Module Maximising Broker Growth with B2CORE’s IB Module Maximising Broker Growth with B2CORE’s IB Module Maximising Broker Growth with B2CORE’s IB Module In this webinar recording, Morgan Williams, Product Director at B2Core, delivers a comprehensive overview of how B2Core’s IB module empowers brokers to build and scale their Introducing Broker (IB) programs. Discover how B2Core streamlines IB management, from efficient trader onboarding and automated commission tracking to providing IBs with…