Solana’s Decentralized Exchange Platforms Eclipse Ethereum in Daily Trading Volume, Surpassing $2.8 Billion

This week, SOL’s value has seen a significant increase, elevating its decentralized exchange (dex) platforms and propelling the layer one (L1) blockchain to a leading position in 24-hour dex trading volume. Solana’s dex platforms have amassed $2.802 billion in trade volume over the past day, outperforming Ethereum’s dex platforms, which have recorded $2.03 billion in […] Source

Solana Memecoin Skyrockets to $620,000,000 Market Cap Hours After Launch Amid Multiple Exchange Listings

A new Solana (SOL)-based memecoin has soared to more than a $620 million market cap shortly after launching and securing listings on multiple crypto exchanges. Slerf (SLERF), a new sloth-themed memecoin, is now trading on at least four crypto exchanges as of Monday. MEXC added Slerf to its “assessment zone,” which is reserved for low-cap digital assets prone to volatility. Poloniex, Bitget and Bybit also said they are listing Slerf for trading. Amid the token launch and exchange listing news, Slerf soared to a high of $1.25 on Monday, and…

XRP On The Radar As Trading Begins On US-Backed Exchange

XRP has been listed on Atlantis Exchange, a platform registered with the U.S. Department of the Treasury. This development comes at a time of regulatory uncertainty surrounding cryptocurrencies, with potential implications for market dynamics and investor sentiment. XRP Trading On Atlantis Exchange Atlantis Exchange announced the inclusion of XRP among its supported cryptocurrencies, with trading commencing on March 17 at 5:00 AM UTC. Users can trade the altcoin with the USDB trading pair, offering increased liquidity and accessibility for traders. Despite the listing, the platform currently supports XRP deposits via…

World’s Leading Crypto Exchange Binance Distances Itself From Its Investment Arm, Binance Labs: Report

The world’s largest crypto exchange by volume is reportedly severing ties with its multi-billion-dollar investment branch. According to a new report by Bloomberg, since taking the helm from disgraced Binance co-founder Changpeng Zhao, Binance CEO Richard Teng has pushed Binance Labs – the crypto exchange’s investment arm – into a separate company. Disclaimer text found on Binance Lab’s official website states that the $10 billion investment firm is not a part of Binance. “Binance Labs is an independent venture and not part of the Binance Group nor is it involved…

Hong Kong Financial Regulator Adds Crypto Exchange Giant Bybit to List of ‘Suspicious’ Virtual Asset Platforms

The Securities and Futures Commission (SFC) of Hong Kong is adding crypto exchange Bybit to its list of suspicious virtual trading platforms. In a new statement, the financial regulator warns investors that Bybit is an unlicensed virtual asset trading platform (VATP). “The SFC cautions investors against investing with unlicensed entities. Investors may risk losing their entire investment made with an unlicensed entity if it ceases operation, collapses or otherwise suffers from any misappropriation of assets. Seeking recourse against entities that do not have a nexus with Hong Kong is likely…

Jump Trading Expands Global Presence with Vienna Stock Exchange Listing

The Vienna Stock Exchange has added Jump Trading Europe B.V. as its newest international trading member. This move marks a significant addition to the exchange’s list of members, now totaling 70, with 21 Austrian and 49 international banks and securities firms in its network. Jump Trading has branches in Amsterdam, Bristol, London, and Paris. Dedicated Forex cloud solutions with stable and fast cross-border connections capable of high-demand scenarios. Alibaba Cloud helps Forex traders to operate securely and globally. Click to know more! Christoph Boschan, the CEO of the Vienna Stock…

Hong Kong Regulator SFC Warns that Crypto Exchange MEXC Has Been Operating Without a License

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Binance Labs Has Become Independent of Crypto Exchange Binance: Bloomberg

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…