Tag: Exchange

3AC founders’ OPNX exchange claims to be funded by AppWorks, SIG, MIAX Group

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OPNX, an exchange jointly founded by members of the Three Arrows Capital (3AC) and Coinflex teams, has revealed the venture capital firms purportedly backing it. An April 21 video posted by the company featured CEO Leslie Lamb thanking some of the major backers of the project, including AppWorks, Susquehanna (SIG), DRW, MIAX Group, China Merchant Bank International, and Token Bay Capital. 1/ As we approach the launch of claims for our first estate, Celsius, we’d like to express gratitude to everyone who believed in our mission of helping 20M+ claimants.…

Fugitive Crypto Exchange Founder Faruk Ozer Extradited to Turkey – Exchanges Bitcoin News

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Albania has extradited the founder of Turkish cryptocurrency exchange Thodex to his home country where he is charged with defrauding investors. The crypto entrepreneur disappeared after his trading platform unexpectedly went offline in the spring of 2021 and was arrested last year by Albanian law enforcement. Albania Hands Over Alleged Crypto Fraudster to Turkish Authorities Faruk Fatih Ozer, founder and CEO of failed crypto exchange Thodex, was extradited to Turkey by the Albanian Ministry of Justice acting on the order of the country’s Supreme Court. A plane carrying Ozer landed…

Bancor’s new decentralized exchange Carbon is live

Bancor has just launched a new decentralized exchange, Carbon, bringing easier automated on-chain trading. Carbon is bringing unprecedented control and automation Bancor’s new decentralized exchange, Carbon, is now live and ready for traders to bring in their trading strategies. After losing investors’ trust, decentralized exchanges (DEXs) are regaining their preference over centralized ones. However, DEXs are not without their issues. One of these is the concentrated liquidity model that Uniswap V3 popularized. The model required liquidity providers (LPs) to provide liquidity in a continuous price range which can be high-risk…

Crypto exchange Roqqu receives South African approval to expand operations

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Nigerian crypto exchange Roqqu has been granted regulatory approval to operate in South Africa, allowing users to purchase cryptocurrencies and withdraw funds with the country’s fiat currency, the South African Rand, according to local media reports.   South Africa has been a top priority for Roqqu as the exchange seeks to expand its dominance in the African market. In a previous interview with Cointelegraph, the company ranked South Africa as a focal point for its growth plans, which includes reaching 5 million clients in 2023. Roqqu has its sights set on…

Crypto Exchange Coinbase Receives License To Operate in Bermuda

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As part of what the exchange calls its “8-week international expansion drive,” Coinbase in its blog post took note of, among other items, doubling down on its investments in the Canadian market. The company recently hired Lucas Matheson as country director and signed a Pre-Registration Undertaking (PRU), which is considered a stepping stone on the way to becoming a registered exchange in Canada. Source

Shiba Inu and Dogecoin Rival That’s Exploded Over 250% Year-to-Date Gets Listing on Top Crypto Exchange

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A major crypto exchange is listing a meme token rival of Shiba Inu (SHIB) and Dogecoin (DOGE) after exploding by more than 250% this year. According to a new announcement, KuCoin is listing Baby Doge Coin (BABYDOGE) on its trading platform Wednesday with withdrawals enabled the following day. “KuCoin is extremely proud to announce yet another great project coming to our trading platform. Baby Doge (BABYDOGE) will be available on KuCoin. The supported trading pair is BABYDOGE/USDT.” The lesser-known dog-themed meme coin closed 2022 at $0.000000000924 and is currently trading at…