Tag: Exchange

Bankrupt Crypto Exchange FTX Files Motion To Sell $744,000,000 Worth of Assets

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Bankrupt crypto exchange FTX is asking a judge for permission to sell off $744 million worth of assets. A new bankruptcy court filing shows that FTX and its debtors want permission to sell the company’s Grayscale and Bitwise assets through an investment adviser. According to the filing, “Similar to the debtors’ prior request to monetize digital assets, the debtors are requesting court authorization to monetize the trust assets to protect the debtors against potential downward price swings in the trust assets, maximize the value of the debtors’ estates, and allow…

London Stock Exchange Group seeks digital assets director amid regulatory shifts

The London Stock Exchange Group is expanding its fintech horizons by recruiting a director for digital assets, navigating the complex interplay between innovation in blockchain technology and the UK’s tightening financial regulations. The London Stock Exchange Group (LSEG) has sparked interest in the financial technology sector with its latest job listing for a director of digital assets. The position indicates LSEG’s commitment to integrating digital assets, cryptocurrencies, and distributed ledger technology into its operational fabric. The role, as advertised, entails developing and executing a commercial strategy for new infrastructure solutions,…

Proof Group, Member of Celsius-Winning Fahrenheit Consortium, Is in the Running to Reboot Crypto Exchange FTX: Sources

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‘Smart Whale’ Withdraws About $32,000,000 Worth of Ethereum (ETH) From Crypto Exchange Binance: Lookonchain

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A crypto whale was recently spotted by a blockchain monitoring platform withdrawing a massive stack of Ethereum (ETH) from Binance over the weekend. First seen by Lookonchain, a “smart whale” deposited 31.8 million Tether (USDT) into Binance, and then withdrew $15.94 million worth of ETH hours later. Just hours later, the whale took out another $16 million worth of ETH from Binance. According to Lookonchain, the whale remains long on their ETH from the price of $1,836. “This smart whale withdrew another 8,618 ETH ($16 million) from Binance… The whale…

London Stock Exchange seeks digital assets director

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The London Stock Exchange Group (LSEG), the parent company of the London Stock Exchange and other fintech companies, has posted on LinkedIn that it’s seeking a director of digital assets.  LSEG says it is looking for candidates who have a “passion for and understanding of digital assets, cryptocurrencies and distributed ledger technology,” among other skills and requirements. According to the posting the future digital asset manager for LSEG will be helping the company outline and deploy a commercial strategy for “a suite of new infrastructure solutions and capabilities, as well…

Exchange flow gap hits 10K BTC — 5 things to know in Bitcoin this week

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Bitcoin (BTC) begins the second week of November still holding strong near 18-month highs — where might BTC price moves head next? The largest cryptocurrency has fought off sell pressure to seal another impressive weekly close. In what analysis is increasingly describing as a change in sentiment, Bitcoin and altcoins alike are refusing to retrace gains which first kicked in over one month ago. Amid a torrid macroeconomic environment, crypto is striking out on its own where assets such as stocks are feeling the pressure, and bulls are hopeful that…

Solana’s Rally Continues As SOL Overtakes Polygon (MATIC) in Daily Decentralized Exchange Volume

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Ethereum (ETH) competitor Solana (SOL) is sustaining its upward momentum as it overtakes layer-2 scaling solution Polygon (MATIC) in daily decentralized exchange (DEX) volume. New data from blockchain tracking platform Artemis reveals that the smart contract platform has surpassed MATIC in both overall DEX volume and the number of daily transactions. Artemis’ data shows that as of yesterday, Solana had a DEX volume of about $240.5 million, outpacing Polygon’s $137.5 million. The numbers also show that Solana greatly surpassed Polygon – and other digital assets such as ETH and Avalanche…

Bitcoin (BTC) Price Stalls at $35K; Notable Large Investor Moved 7K BTC to Crypto Exchange Bitfinex

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Whales are crypto investors who control large amounts of digital assets. Their crypto purchases and sales may have a sizable impact on markets, thus crypto watchers closely follow their behavior to anticipate market movements. Moving tokens to exchanges usually signals intention to sell, however, blockchain data doesn’t show what happens with the tokens once it’s at the exchange. Original

Bitcoin Cash Rally Threatened As Exchange Drops BCH Following XRP Listing Rumors

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Bitcoin Cash has followed the general growth trend of Bitcoin with the price almost clearing the $250 resistance before being rejected. Even though BCH maintains this bullish momentum, it is not completely in the clear following its delisting from one crypto exchange. EDX Markets Delists Bitcoin Cash In another unexpected blow, Bitcoin Cash (BCH) has been delisted from the EDX Markets crypto exchange. Users had first suspected that the exchange was ending support for BCH and rumors spread like wildfire through social media. Eventually, the crypto exchange will confirm these…

SNB Working With SIX Stock Exchange, 6 Banks on Wholesale Central Bank Digital Currency Pilot

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