Binance has issued a warning to Web3 projects about a surge in token listing scams involving imposters posing as its employees or agents. Zero Tolerance for Intermediaries The leading crypto exchange platform, Binance, has issued a public warning to Web3 projects and their teams about a rising number of scams related to token listings. The […] Source
Crypto Finance, a subsidiary of Deutsche Börse Group, launched a new off-exchange settlement solution to improve capital efficiency and trading flexibility for institutional crypto investors. The new product, Crypto Finance AnchorNote, allows institutions to trade on different platforms without moving their assets out of custody. It also helps them settle trades off-exchange and earn yields within a compliant, risk-controlled setup, according to a Tuesday announcement. “With Crypto Finance AnchorNote, we are closing a critical gap between custody and capital efficiency,” said Philipp Dettwiler, head of custody and settlement at Crypto…
This content is provided by a sponsor. Bitget, the world’s largest Universal Exchange (UEX), is proud to celebrate its 7th anniversary with the theme of #GearUpTo7, kickstarting a new era of integrated finance. Over the past seven years, strategic partnerships, community initiatives, and steady business growth have driven Bitget’s global expansion. Collaborations with legendary Messi, […] Source
London Stock Exchange Group has ignited a bold new era in finance, executing its first blockchain-powered private fund transaction on a cutting-edge digital platform. London Stock Exchange Facilitates Its First Blockchain Transaction in Private Funds London Stock Exchange Group (LSEG) introduced its digital markets infrastructure platform on Sept. 15, confirming it had facilitated its first […] Source
The London Stock Exchange has completed its first blockchain-powered transaction, marking the launch of its new digital markets platform. According to the exchange’s announcement on Monday, asset manager MembersCap used the system to raise money for its latest private fund. A First for Global Exchanges The Digital Markets Infrastructure (DMI), developed with Microsoft, reportedly handled the full fundraising process from issuance to settlement. This makes LSE the first major global stock exchange to launch an end-to-end blockchain system. LSEG Launches Digital Markets Infrastructure Platform for Private Funds, and Facilitates First…
Every time you convert money, whether paying a contractor on another continent, collecting freelance income in stablecoins, or sending cash home to your family, one thing decides your real payout. The exchange rate. There’s a truth that most banks and money apps wouldn’t ever think of telling you, but we will. You almost never get the real rate. On top of that, you never get to choose when to act. Instead, you get a preset conversion loaded with hidden markups, all executed at the convenience of someone else’s timeline. Over…
The Pakistan Virtual Asset Regulatory Authority is inviting leading global crypto exchanges to operate in the country, which has over 40 million virtual asset users. Key Requirements for Global Exchanges The Pakistan Virtual Asset Regulatory Authority (PVARA) has formally invited leading global exchanges and service providers to participate in the country’s digital economy. The invitation […] Source
Based on market trackers, bitcoin’s price action in South Korea has been a seesaw ride when stacked against BTC’s weighted global exchange rate across multiple venues. Over the weekend, prices on local hubs like Upbit and Bithumb currently carry a slight markdown. Bitcoin in Seoul Dips Below Global Average; Coinbase Holds a Modest Premium At […] Source
A Canadian man has been sentenced to one year behind bars for stealing $34.6 million worth of crypto assets and continuing to steal while out on bail. According to a new report from the Canadian state-run CBC, an unnamed man from Hamilton has pleaded guilty to a theft spree that saw him net CAD $1 million ($722,256) from 200 victims. However, the man’s crime spree occurred when he was out on bail for a different crime he committed when he was a teenager – one that saw him steal a…
The initial public offering (IPO) of Gemini, the crypto exchange founded by the Winklevoss twins, has been oversubscribed 20 times, Reuters reported. Further, the exchange and its bankers decided to cap the IPO proceeds at $425 million, which is unusual. IPO Offer Revised Gemini initially planned to raise $317 million at a valuation of about $2.22 billion. The company first planned to offer 16.67 million shares priced between $17 and $19 each, but then received an offer price between $24 and $26 each. Following high demand, the company again increased…