Category: Exchanges

XRP Rival Scores New Partnership as US Crypto Exchange Adopts Its Stablecoin On-Ramp

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Crypto exchange Okcoin now supports the Stellar USD Coin (USDC) on-ramp after inking a partnership deal with Stellar Development Foundation (SDF), the non-profit organization behind Stellar (XLM). The SDF says that USDC on Stellar enables fast and cheap cross-border financial transactions on the decentralized network focused on cross-currency payments. “This integration marks a step in an ongoing effort to expand access to a faster and cheaper USDC. USDC on Stellar allows for near-zero transaction costs and provides incredibly fast settlement, taking about 5 seconds to finalize a transaction. A growing…

Saham Holding Launches MetaTrader 5 Trading Platform on the Saudi Stock Exchange

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Saham Holding, a financial technology and securities firm based in Saudi Arabia, has announced today that it has enhanced its overall trading experience with the launch of the MetaTrader 5 platform on the Saudi Stock Exchange. With the development, Saham has become the first firm to begin providing real Saudi market data through MetaTrader 5. Saham now distributes real-time and historical data for all Saudi financial instruments. The MetaTrader 5 platform is now available to all its traders through desktop and mobile applications. The firm stated it has built its…

Bitcoin Whales Exploited January Weakness As Ethereum’s Large Investors Took Profit: Crypto Exchange Kraken

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Crypto exchange Kraken says crypto whales took diverging paths regarding their holdings of Bitcoin (BTC) and Ethereum (ETH) during the month of January. In a new report, Kraken first defines whale wallets as holding more than 1,000 BTC or 10,000 ETH, then dives into the data to reveal that while the number of Bitcoin whales fell, those who held also added more to their bags. “While the number of BTC whales trended lower in January 2022, the amount of BTC held by whale addresses rose from 7.916M to 8.013M by…

‘One currency change every generation,’ how monetary skepticism spearheaded cryptocurrency adoption in Czechia

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Czechia, a country of 10.7 million people in Central Europe, is known for its beautiful capital (Prague), rich history, and good beer. Within the last decade, however, one can now add cryptocurrency adoption to that list. In fact, the Trezor wallet, the first cryptocurrency hardware wallet in the world, was invented here in 2014, and is still going strong. Its parent company, SatoshiLabs, has expanded into creating secure chips for electronic hardware via Tropic Square and advancing cryptocurrency education via Invity. What’s more, the country also gave birth to the…

Top Latin American exchange Bitso officially expands to Colombia

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Bitso, a major Latin American cryptocurrency exchange and El Salvador’s crypto wallet assistant firm, has announced its formal launch in Colombia. As part of Bitso’s development strategy in Colombia, the exchange has hired former Mastercard executive Emilio Pardo as new country manager, the firm announced to Cointelegraph on Thursday. Pardo is former head of business development for the Andean Region at Mastercard, where he focused on fintech issues like instant and cross-border financial transactions and open banking. He will now be responsible for developing Bitso’s strategy in Colombia to increase…

Alchemy Pay gains 77% after exchange listings and cross-chain integrations

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The cryptocurrency ecosystem has come a long way since the launch of Bitcoin (BTC) and in the last few years smart contracts have revolutionized the industry. With that said, there is still plenty of progress to be made when it comes to integrating blockchain technology to peer-to-peer, business to business and business to consumer payment systems. Alchemy Pay aims to further the adoption of cryptocurrencies through its hybrid payments system and in the last week its ACH token gained 77% to trade at $0.0625 on Feb. 9.  ACH/USDT 4-hour chart.…

Binance Gives Surprise Support to Crypto Exchange Utility Token, Causing Price Spike

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The utility token of a popular crypto exchange is seeing a boost after a price spike caused by a surprise Binance listing. On Monday, Binance announced plans to list the native token of liquidity network platform WOO Network (WOO). “Binance will list WOO Network (WOO) and will open trading for WOO/BNB, WOO/BTC, WOO/BUSD and WOO/USDT trading pairs at 2022-02-08 06:30 (UTC). Users can now start depositing WOO in preparation for trading Withdrawals for WOO will open at 2022-02-09 06:30 (UTC).” WOO is an ERC-20 coin and the native utility token of WOO…

Romanian Cryptocurrency Platform Tradesilvania.com Appoints Mihaela Drăgoiu, Former Head of Supervision and Control Directorate of FIU Romania (ONPCSB) As the New Risk and Regulatory Affairs Director

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February 9, 2022 – Cluj-Napoca, Romania Tradesilvania, the premium platform for cryptocurrency and digital asset investments, has announced the expansion of the company’s compliance and management team by appointing Mihaela Anamaria Drăgoiu as the new risk and regulatory affairs director. Mihaela Anamaria Drăgoiu is the former head of the prevention, supervision and control directorate of FIU Romania (ONPCSB), with over 20 years of experience in the institution. She has been involved in developing the legal framework (primary and secondary legislation) in the field, including the act 129/2019 – which after the…

Crypto Exchange FTX Giving Away BTC During Super Bowl – Featured Bitcoin News

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Crypto exchange FTX is giving away bitcoin during the Super Bowl this weekend. The company estimates that each winner could receive between eight and 10 bitcoins. The actual prize amount depends on the time FTX’s Super Bowl commercial airs. FTX Giving Away Bitcoin in Super Bowl Sweepstakes Cryptocurrency exchange FTX announced Monday that it is giving away bitcoin during the Super Bowl this weekend. The company’s website explains: We’re making our Big Game debut and giving away the time our ad runs in bitcoin. Super Bowl LVI, the upcoming championship…

QR Assets launches DeFi ETF on Brazilian Stock Exchange

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Brazilian crypto asset manager QR Assets has launched a decentralized finance exchange-traded funds, or DeFi ETF, on the Brazilian Stock Exchange. The DeFi ETF called QDFI11 would track the Bloomberg Defi index and make 100% of its investment in real DeFi assets. The DeFi index tracks Uniswap (UNI), Aaave Decentralized Lending Pools (AAVE), MakerDao (MKR), Compound (COMP), Yearn.finance (YFI), SushiSwap (SUSHI), 0X (ZRX), Synthetix (SNX) and Curve (CRV). The ETF would be offered through Gemini Fund Solution, a platform built specifically for Crypto ETFs. The ETF would act as a…