Category: Exchanges

Japan’s DMM Bitcoin Exchange Will Transfer Customer Assets to SBI VC Trade by March 2025

boss

Executive Interview with Nadia Edwards-Dashti | Harrington Star | FMLS:24 Executive Interview with Nadia Edwards-Dashti | Harrington Star | FMLS:24 Executive Interview with Nadia Edwards-Dashti | Harrington Star | FMLS:24 Executive Interview with Nadia Edwards-Dashti | Harrington Star | FMLS:24 Executive Interview with Nadia Edwards-Dashti | Harrington Star | FMLS:24 Executive Interview with Nadia Edwards-Dashti | Harrington Star | FMLS:24 Fintech Talent in the UK: The Human Factor Driving Industry Change 🌟 What does it take to attract, retain, and upskill the best fintech talent in today’s rapidly evolving UK…

Ripple’s Stablecoin Hits Singapore – Regulated Exchange Brings RLUSD to Transform Markets

boss

Ripple’s USD-backed stablecoin, Ripple USD, debuts in Singapore on regulated exchange Independent Reserve, unlocking faster, cost-efficient cross-border transactions. Ripple USD Debuts in Singapore – Independent Reserve Unlocks Seamless Liquidity Independent Reserve (IR), a licensed crypto exchange in Singapore, announced on Tuesday the launch of Ripple USD (RLUSD), Ripple’s new USD-backed stablecoin, on its platform. This […] Source

FBI and Other Federal Agencies Identify Hacker Behind $308,000,000 Hack of DMM Crypto Exchange

boss

North Korean hackers stole $308 million in Bitcoin (BTC) from Japanese cryptocurrency exchange DMM in May 2024, federal investigators confirmed Tuesday. The FBI, Japan’s National Police Agency and the Department of Defense Cyber Crime Center identified the North Korean group known as “TraderTraitor” as responsible for the theft of 4,502.9 Bitcoin, according to a new press release from the FBI. Investigators say the breach began in March when a hacker posed as a recruiter and sent a malicious GitHub link to an employee of Ginco, a DMM partner company. After…

Crypto Exchange Binance Announces Support for New ‘Decentralized Science’ Altcoin Project

boss

Binance, the top global crypto exchange by trading volume, is rolling out support for the new native token of a “decentralized science” project. Binance Launchpool, which lets users stake coins to farm new assets, says its 63rd project will be BIO Protocol (BIO), a decentralized platform aiming to advance biotechnology through collective funding and the tokenization of biotech projects. Says the project, “BIO is a curation and liquidity protocol for decentralized science (DeSci). Our mission is to accelerate biotechnology by giving global communities of patients, scientists and biotech professionals the…

Ethiopia Signals Potential Shift on Cryptocurrency Stance

boss

The governor of the National Bank of Ethiopia (NBE) has indicated that the bank may issue guidelines for the use of cryptocurrency in the country, suggesting a potential shift in the country’s stance on digital currencies. While cryptocurrency is currently illegal in Ethiopia, the NBE is closely monitoring global developments in central banking and may […] Source

Over $225,000,000 in Crypto Distributed To Hack Victims of Collapsed Exchange Cryptopia After Years of Waiting

boss

Hundreds of millions of dollars worth of crypto assets are being distributed to hack victims of the defunct crypto exchange Cryptopia. Investors who had accounts with Cryptopia – a New Zealand-based crypto firm that collapsed in May 2019 – will collectively receive $225 million worth of digital assets, according to a new press release by accounting firm Grant Thornton. “The liquidators of Cryptopia are pleased to announce a significant milestone in the ongoing liquidation process. Over the past two days, more than 10,000 verified account holders of Bitcoin and Dogecoin…

No Middleman, No Problem? What 2025 Holds for Decentralized Exchanges

boss

HodlX Guest Post  Submit Your Post   In 2024, DEXs (decentralized exchanges) snagged a greater portion of the crypto trading pie, demonstrating the future of finance is firmly headed toward decentralization. And Trump’s recent victory has only reinforced this trend, with Bitcoin’s price surging to nearly $91,000. As monthly DEX trading volume soared above $250 billion in March and June 2024 for the first time since 2021, it’s clear that traders are increasingly opting for the benefits of autonomy and transparency these platforms offer. Over the past 12 months, several DEX…

5 Privacy Coins Face Delisting on Gate.io Exchange

boss

Crypto firm Gate.io has revealed plans to discontinue perpetual contracts for five well-known privacy coins. Gate.io to Delist Privacy Coin Perpetuals Starting Dec. 25, 2024, trading for monero (XMR), dash (DASH), zcash (ZEC), horizen (ZEN), and verge (XVG) will switch to “reduce-only” mode, allowing traders to close existing positions but not open new ones. By […] Source

Pepperstone’s CEO Warns of CFD Crypto Exchange Threat

boss

Pepperstone is witnessing a significant increase in cryptocurrency trading among new clients, while its CEO expresses concerns about competition from crypto exchanges entering the CFD space. Tamas Szabo shared his insights on the evolving dynamics of the financial services sector during an interview with Jonathan Fine at the Finance Magnates London Summit 2024 (FMLS:24). Cryptocurrencies on the Rise Szabo expressed astonishment at the limited crypto adoption by brokers, as evidenced during a panel discussion on market structure. “One of the panelists asked the audience how many were involved in crypto,…

Cryptocurrency Market Downturn: What’s Behind the Drop?

boss

On December 19, 2024, the cryptocurrency market faced a sharp and sudden downturn, with major digital assets experiencing significant losses. Investors were left scrambling as market leaders like Bitcoin (BTC) and Ethereum (ETH) saw dramatic price declines. This recent cryptocurrency market downturn has reignited concerns about the volatility of digital assets and their future trajectory. Bitcoin and Ethereum Take the Lead in Losses Bitcoin (BTC), the largest cryptocurrency by market capitalization, fell 4.6%, slipping below the $100,000 mark to $98,877. Ethereum (ETH), the second-largest cryptocurrency, faced even steeper losses, plunging…