Tag: Exchange

Justin Sun’s HTX Services Restored After Exchange Hit by ‘DDoS’ Attack

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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish group, owner of Bullish, a regulated, institutional digital assets exchange. Bullish group is majority owned by Block.one; both groups have interests in a variety of…

Binance and Gulf Innova’s Thailand Crypto Exchange Open for Trading

“With the full operation of Binance TH by our Thai joint venture to the general public in Thailand, we will uphold our unwavering commitment to security, transparency, and service quality. Blockchain technology and digital assets carry the power to bring about financial inclusion,” Richard Teng, CEO of Binance, added in a release. “This is a strategic step forward, setting the stage for Thailand’s impending role as a key player in the global digital finance landscape.” Source

Binance Impersonated, Exchange Claims Helplessness

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Binance customers may have received an SMS last week encouraging them to participate in a new lottery to win up to 100 EUR in cryptocurrencies. Although these texts appeared in threads with official announcements from the exchange, they turned out to be scams. The platform is aware of such phishing attempts but admits it is powerless to stop them. At the end of last week, Binance customers received SMS messages about winning in the “Binance Mystery Box.” The texts informed that up to €100 in tokens were available for claiming…

Decentralized Exchange Altcoin Flashing Signs of Upcoming Rally, Says Crypto Trader – Here’s His Forecast

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A closely followed crypto strategist believes that a decentralized exchange (DEX) altcoin is flashing signs that it could be about to take off on a bullish rally. The trader Ali Martinez tells his 40,400 followers on the social media platform X that GMX looks primed to break out from an inverse head-and-shoulders pattern, a technical analysis chart formation that could signal a trend reversal. “If we see a consistent three-day candlestick close above $59, this could be the trigger for a bullish rally that propels GMX toward an ambitious target…

Coinbase Expanding to Africa by Teaming Up With Leading African Stablecoin Exchange Yellow Card

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The top US-based crypto exchange platform is venturing into Africa after announcing that will be teaming up with Yellow Card, a leading African stablecoin exchange. In a new blog post, Coinbase says that as part of its plan to reach 20 countries on the continent, it’s partnering up with Yellow Card to provide millions of people access to prominent dollar-pegged crypto assets, such as USDC. “Through our new partnership with Yellow Card, one of Africa’s leading stablecoin exchanges and a Coinbase Ventures portfolio company, millions of users will gain access…

India’s Crypto Crackdown on Offshore Exchange Apps

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India has ramped up its regulatory measures against offshore cryptocurrency exchanges, directing Apple to eliminate the apps of platforms such as Binance from its App Store within the country. According to a report by Bloomberg, this recent escalation follows a notice from the Financial Intelligence Unit (FIU) targeting nine platforms suspected of regulatory misconduct in late December, signaling a tightening grip on the crypto landscape. The Ministry of Electronics and Information Technology prompted the removal of apps from platforms like Bitfinex, HTX, and Kucoin, among others, from the Indian App…

JTC Network, a New Layer One Blockchain Focused on Legal Enforcement, To List on BitMart Exchange

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January 9, 2024 – Chicago, Illinois JTC, the native token of a legal recourse Bitcoin branch, is soon to be listed on BitMart. The highly anticipated JTC listing on BitMart has been confirmed. The coin will be listed at 10 a.m. UTC on January 9, 2024. The listing announcement earlier in December brings the crypto industry one step closer to accessing the same legal remedies available in mainstream finance. The listing is a significant milestone as it means the JTC blockchain’s native crypto will be available on an exchange that…

Indian Crypto Platforms Flourish Amid FIU IND’s Foreign Exchange Notice

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Indian cryptocurrency exchanges and investment platforms, including CoinDCX and Mudrex, are experiencing a substantial uptick in deposits and a surge in new users following the issuance of compliance show cause notices to foreign exchanges, including Binance and eight others, by the Financial Intelligence Unit India (FIU IND). CoinDCX, one of India’s leading crypto exchanges, reported an astonishing 2,000% increase in crypto deposits in less than a week after the notice was issued. Meanwhile, Mudrex, an investment platform, received deposits exceeding $1 million and added a remarkable 10,000 new users to…