Tag: Exchange

Polygon’s POL Price Jumps 15% as Crypto Exchange Binance Completes Migration From MATIC

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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…

FTX’s Caroline Ellison To Be Sentenced This Month for Role in Collapse of Crypto Exchange: Court Documents

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New court documents reveal that former FTX executive Caroline Ellison is set to be sentenced later this month for her role in the multi-billion-dollar downfall of the crypto exchange in 2022. According to new court filings, Ellison – who once was the girlfriend of jailed FTX co-founder Sam Bankman-Fried and the CEO of FTX’s sister firm Alameda Research – will be sentenced on September 24th. The filings indicate that Ellison is also seeking to redact specific information related to the people who sent letters of support on her behalf as…

SEC Settles With Trading App eToro on Unregistered Broker Charges As Exchange Ceases Most Crypto Trading

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The top U.S. securities regulator has reached a settlement with the trading app eToro severely limiting the platform’s crypto trading abilities. According to the U.S. Securities and Exchange Commission (SEC), eToro has agreed to pay $1.5 million in penalties and limit its crypto trading options to Bitcoin (BTC), Bitcoin Cash (BCH) and Ethereum (ETH) without admitting to or denying charges of operating as an unregistered crypto broker and clearing agency since 2020. The SEC contends that eToro allowed customers to trade cryptos as securities on the app without following the…

Crypto Exchange Hacked After 150 Suspicious Transactions Drain Over $22,000,000 From Reserves: SlowMist

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Blockchain security firm SlowMist is reporting that an Indonesian crypto exchange was hacked for over $22 million in digital assets. SlowMist says that crypto exchange Indodax saw its hot wallets exploited across multiple blockchains, including Bitcoin (BTC), TRON (TRX), Ethereum (ETH), and ETH layer-2s Polygon (POL) and Optimism (OP). The firm’s data says that the hackers took about $14.6 million in ETH, $1.4 million in BTC, $2.5 million in POL and $894,000 in OP. Smaller amounts of USDC, USDT, Shiba Inu (SHIB), and Chainlink (LINK) was also stolen. Source: SlowMist/XSlowMist…

Indonesian Crypto Exchange Hit by $20.5M Hack, Lazarus Group Suspected

Web3 security firm Cyvers detected suspicious transactions on Indonesian exchange Indodax’s wallets on September 11th. The attack involved over 150 transactions and digital assets worth an estimated $20.58 million are believed to have been stolen. Some experts suspect the North Korean hacking group Lazarus Group may be responsible due to attack characteristics. Indodax Hack Shows […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Crypto Exchange Binance.US Chooses Fireblocks to Bolster Custody, Staking Services

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“By integrating our wallet infrastructure, Binance.US is ensuring its custody operations are rock solid and fully aligned with what regulators are asking for,” Shaulov told CoinDesk in an email. “With Fireblocks, they can scale up staking operations securely and efficiently, giving users a smoother experience while staking their tokens and earning rewards.” Source

Bitcoin could rally as exchange reserves fall, stablecoins gain in market cap

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Bitcoin price wavered on Wednesday, Sept. 11, as traders reflected on the Donald Trump and Kamala Harris debate. Bitcoin exchange reserves have dived Bitcoin (BTC) retreated to $56,700 from this week’s high of $58,000 while Trump-themed tokens like MAGA (TRUMP) fell by over 10% in the last 24 hours. Kamala Horris (KAMA) token by a smaller margin as traders estimated that Harris had a better night than Trump. Polymarket’s odds flipped in her favor, with a 50% chance of winning in November.  Bitcoin and other cryptocurrencies are expected to perform…

Crypto exchange volume in August surged 30% MoM

Despite declining crypto prices last month, centralized exchange volumes saw an uptick in activity.  Data from centralized crypto exchanges showed a 30% month-on-month increase in August, even as Bitcoin (BTC) and other digital assets experienced a historical downtrend. August and September are typically bearish months for crypto, but lower prices do not necessarily mean reduced trading activity, as the data confirms. Binance and Bybit led the major centralized exchange (CEX) pack, with increases of 35% and 41%, respectively. However, KuCoin, Crypto.com, and MEXC outperformed the larger platforms. Crypto spot trading…

Virtu Financial Partners with Tokyo Stock Exchange to Enhance ETF Liquidity and Efficiency

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Understanding APAC Markets: Partnerships, Culture, Retention | FMPS:24 Understanding APAC Markets: Partnerships, Culture, Retention | FMPS:24 Understanding APAC Markets: Partnerships, Culture, Retention | FMPS:24 Understanding APAC Markets: Partnerships, Culture, Retention | FMPS:24 Understanding APAC Markets: Partnerships, Culture, Retention | FMPS:24 Understanding APAC Markets: Partnerships, Culture, Retention | FMPS:24 In financial services, achieving global success requires a deep understanding of local markets. In this hands-on, country-specific session, top experts from the Asian Pacific region will explore what drives traders in this diverse market. The discussion will cover strategies for retaining local…