Another Former Binance Exec Joins Bitget Crypto Exchange

Cryptocurrency exchange Bitget has appointed Min Lin, former Binance regional vice president for Latin America, as its Chief Business Officer (CBO) as the platform seeks to accelerate its global expansion. Bitget Names Ex-Binance Executive Lin as Chief Business Officer Lin joined Bitget after leading Binance’s Latin American operations, where he played a key role in regulatory compliance and strategic growth. Prior to entering the crypto sector, he served as an executive director in Goldman Sachs’ Global Markets Division for over five years. “We are thrilled to welcome Min to our…

Bitcoin Exchange Whale Ratio Hits New High Since 2022 — Impact On Price?

Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking”…

Crypto Exchange Kraken Announces Launch of New Ethereum Layer-2 Chain ‘Ink’

US-based crypto exchange Kraken has unveiled its Ethereum (ETH) layer-2 blockchain that will be launched on testnet later this year. In a statement, Kraken says the layer-2 blockchain, called Ink, is designed to enable seamless access to decentralized finance (DeFi). The blockchain is built on Optimism’s Superchain, a network of interconnected layer-2 chains powered by the open-source OP stack. “As a natural evolution of our mission, Ink will serve as a seamless bridge to DeFi, empowering users to move onchain with confidence and ease.” Ink says it has all the…

NYSE Proposes 22 Hour Trading on Arca Equities Exchange During Weekdays

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Crypto Exchange Binance Adds Newly Launched Ethereum (ETH) Layer-2 Altcoin to Trading Roster

Binance, the world’s leading cryptocurrency exchange, is expanding its trading offerings to include a new Ethereum (ETH) layer-2 altcoin. According to the exchange, Scroll (SCR) is now available for spot trading using the pairs of SCR/BTC, SCR/USDT, SCR/FDUSD and SCR/TRY. Binance says its customers can purchase Scroll using VISA, MasterCard, Google Pay, Apple Pay or with their wallet balances. According to Binance, Scroll is a project aiming to solve Ethereum network congestion and reduce its fees. “Scroll is a Layer-2 zkRollup solution using zero knowledge proof technology to scale Ethereum,…

DOGE may lose market share to DeFi altcoin DTX Exchange after US elections

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Dogecoin rose 2.3% to $0.116 as geopolitics calm, but experts warn it may face challenges from DTX Exchange’s $5.3M presale. DOGE’s recent performance and market Dogecoin (DOGE) rose 2.3% to $0.116 on October 15. Market is optimistic as geopolitics calm down. But experts say Dogecoin could be in trouble with DTX Exchange (DTX). DeFi is growing and memecoins like Dogecoin might not be able to keep up. DTX Exchange,…

ASIC charges former crypto exchange CEO with $1.47m Bitcoin fraud

Australia’s securities watchdog has charged the former CEO of defunct crypto exchange Mine Digital for defrauding an investor of $1.47 million. The Australian Securities and Investments Commission has charged Grant Colthup with one count of fraud after a customer of Mine Digital did not receive the Bitcoin they paid 2.2 million Australian dollars (roughly $1.47 million) for in July 2022. Mine Digital operated as a cryptocurrency exchange under ACCE Australia Pty Ltd, offering trading services between May 2019 and September 2022. The platform collapsed in September 2022, and creditors have…