Tag: Exchange

Bybit Becomes First Exchange to Complete $CATI Airdrop Distribution

DUBAI, UAE, Sept. 20, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, proudly announces the successful listing of Catizen ($CATI), which went live at 10 AM Dubai time today. Bybit is the first exchange to complete the distribution of the $CATI airdrop to its users, further demonstrating the platform’s exceptional reliability and leadership in the digital asset space. With Bybit’s industry-leading platform stability and security, the exchange ensured a seamless trading experience for its users. The opening price of CATI has shown impressive performance, remaining steady at…

Catizen (CATI) Soars 10% Following Multiple Exchange Listings

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A rapidly emerging play-to-earn game on Telegram, Catizen, made headlines as it went live with its native token, CATI. Officially launched in the market on September 20, 2024, it is now trading live on Binance, OKX, Bybit, and Bitget. The CATI token is gaining a lot of hype among the Nigerian Web 3 community. Catizen has around 34 million-plus players and impressive revenue figures, hence its strong position in blockchain gaming. Airdrop Success The CATI launch is also complemented by an effective airdrop campaign with token distribution to early participants.…

Singapore-Based Crypto Exchange BingX Suffers $52,000,000 Hack: Blockchain Security Firm

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New data from prominent blockchain security firm Cyvers reveals that a Singapore-based crypto exchange lost $52 million after being hacked. In a new post, Cyvers says that BingX’s hot wallet suffered a multimillion-dollar exploit affecting multiple blockchains, including Ethereum (ETH), Avalanche (AVAX), BNB, Optimism (OP), and Polygon (POL), Base, and Arbitrum (ARB). “Our system has flagged multiple suspicious transactions linked to BingX across several blockchains. Estimated losses have now exceeded $52 million, with most of the stolen assets currently being swapped.” According to cybersecurity firm Peckshield, the hacker made away…

Judge Extends Deadline for U.S. Securities and Exchange Commission To Produce Documents in Coinbase Court Battle

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A judge has granted the U.S. Securities and Exchange Commission’s (SEC) request for a deadline extension to produce documents related to its court battle with the crypto exchange Coinbase. The SEC first sued the exchange in June 2023 for allegedly violating securities laws, including selling unregistered securities and operating an unregistered exchange/broker agency. This summer, Coinbase asked District Judge Katherine Polk Failla to order the regulator to search for and produce documents related to its previous communication with crypto issuers. The exchange also argued that the SEC needs to do…

Crypto Exchange BingX Lost ‘Minor’ Assets in Hack, Onchain Data Shows $43M Drained

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…

German Authorities Shut Down 47 Crypto Exchange Services in Cybercrime Crackdown

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German authorities have dismantled 47 exchange services involved in facilitating anonymous crypto transactions for criminal activities. These platforms bypassed anti-money laundering protocols, enabling cybercriminals to exchange digital currencies without identity verification. The takedown follows a series of other operations targeting major cybercrime networks. With seized user and transaction data, authorities are set to pursue further […] Source

Crypto Exchange BitGet Says Userbase Has Now Exceeded 45 Million After Six Years in Business

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Crypto exchange BitGet now has more than 45 million registered users worldwide as the platform’s global user count has surged by 400% since 2023. BitGet CEO Gracy Chen revealed the numbers as the platform marks its sixth year in business. This year alone, the exchange’s growth rate in Africa is up by 1,614%. BitGet’s userbase in South Asia and Southeast Asia also increased by 729% and 216%, respectively. In the first half of 2024, the net inflow of assets on BitGet reached $779 million. The platform’s daily trading volume is…

Crypto Exchange Bitget Secures Multi-Million Dollar Partnership With La Liga

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Bitget, a leading cryptocurrency exchange, has announced a multi-million dollar partnership with La Liga, the popular Spanish football league. This deal establishes Bitget as the official crypto partner for La Liga across Eastern Asia, Southeast Asia, and Latin America. Bitget and La Liga Join Forces The collaboration was revealed at the Token2049 event in Singapore […] Source

Crypto Exchange Volumes Reach Highest Levels Since May, Top Performer Gains Over 560%

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Although August was one of the worst months for Bitcoin (BTC) price this year, retail investor activity on leading centralized exchanges rebounded significantly. Reaching nearly $910 billion, August volumes hit their highest levels since May 2024. However, it’s worth noting that this is still over 50% less than the record-breaking March, when volume reached $2.1 trillion. Top Crypto Exchanges Continue Upward Trend According to the latest analysis by Finance Magnates Intelligence, the total spot volume for the 10 largest centralized exchanges in August was $908 billion, representing a 5% increase…

Binance CEO Richard Teng: Exchange Sees 40% Rise in Institutional Investors This Year

CoinspeakerBinance CEO Richard Teng: Exchange Sees 40% Rise in Institutional Investors This Year Binance CEO Richard Teng announced a 40% rise in institutional and corporate investors on the platform this year. He shared this achievement during an interview with CNBC on September 18, 2024. Teng noted that this jump in institutional interest is “just the beginning,” as many firms are still conducting research before fully entering the crypto market. Even with ongoing regulatory challenges, Binance has managed to attract major investors, highlighting the company’s strategic shift under Teng’s leadership. Since…