press release PRESS RELEASE. INTERNET CITY, DUBAI, Dec 16, 2022 – LBank Exchange, a global digital asset trading platform, has recently launched ApeCoin (APE) staking in its “Earn” – “Flexible” section, users will be able to earn APE token with an annual return of 175% (floating adjustment), and withdraw anytime without locking. APE Staking Is the New Trend Recently, ApeCoin DAO (ApeDAO) has established an official staking protocol for ApeCoin (APE), which was created as a way for APE, BAYC, MAYC, and BAKC holders to earn rewards through staking. APE…
Tag: Exchange
Crypto Exchange Zipmex to Seek Creditor Support for Recovery Process: Source
The goal is to fully reactivate customer withdrawals once creditors have approved the plan in a vote. Source
Solana-Based Raydium Exchange Victim of 9-figure Exploit
Raydium, which allows users to trade between different cryptocurrencies without the use of an intermediary, is one of the premier platforms in Solana’s beleaguered decentralized finance (DeFi) ecosystem. According to its own numbers, Raydium has around $45 million locked in trading pools and facilitated around $4 million in trades in the past 24 hours. It is unclear whether that $4 million includes the improper withdrawals from the attacker. Source 9figureExchangeExploitRaydiumSolanaBasedVictim CryptoX Portal
Solana-Based Raydium Exchange Victim of 10-figure Exploit
Raydium, which allows users to trade between different cryptocurrencies without the use of an intermediary, is one of the premier platforms in Solana’s beleaguered decentralized finance (DeFi) ecosystem. According to its own numbers, Raydium has around $45 million locked in trading pools and facilitated around $4 million in trades in the past 24 hours. It is unclear whether that $4 million includes the improper withdrawals from the attacker. Source
Top US Crypto Exchange Coinbase Adds Little-Known Web3 Altcoin to Its Listing Roadmap
Top US-based crypto exchange platform Coinbase is adding a little-known altcoin to its listing roadmap in anticipation of a future listing. Coinbase announced via Twitter on Wednesday that Axelar (AXL) is now officially being considered by the exchange for trading services. Axelar aims to deliver secure cross-chain communication for Web3 so that decentralized application (DApp) users can interact with different assets or applications on any blockchain. According to Axelar’s website, the project is backed by Coinbase Ventures, Coinbase’s venture capital arm. It also has support from industry heavyweights like Binance, Galaxy Digital…
QCP Capital Has at Least $97M Frozen at Defunct Exchange FTX
Inside sources at QCP Capital reported a sizable stake stuck with FTX as the ill effects of the exchange’s collapse prevail. Crypto trading platform QCP Capital reportedly has at least $97 million trapped with collapsed crypto exchange FTX. Inside sources also claim that QCP has been trying to sell its claim to distressed asset buyers. This move is part of an attempt by the Singapore-based company to redeem some funds. QCP to Continue Operations Unperturbed QCP Capital first intimated its FTX exposure on Twitter last month but did not disclose the amount. The company also…
CSOP’s Bitcoin and Ether ETFs Begin Trading on Hong Kong Stock Exchange (HKEX)
CSOP Asset Management’s Bitcoin and Ether ETFs has started trading on on the HKEX. For the first time ever, the Hong Kong Stock Exchange has listed Bitcoin and Ether futures exchange-traded funds (ETFs) issued by CSOP Asset Management. They are the CSOP Bitcoin Futures ETF and CSOP Ether Futures ETF. According to a Thursday announcement by the ETF issuer, the ETFs will track Bitcoin and Ether futures already listed on the Chicago Mercantile Exchange (CME), albeit respectively. Bitcoin and Ether ETFs Meanwhile, the global head of equity and FX products…
Crypto Exchange Gemini Down for Several Hours Due to ‘Scheduled Maintenance’
“The Gemini Spaceship will undergo scheduled Exchange maintenance on Thursday, December 15th from approximately 10:00pm until Friday, December 16th at 12:30am ET,” and all user interfaces and trading will be unavailable during that time, a notice on the exchange’s status page said. Source
Binance CEO Says the World’s Largest Crypto Exchange by Volume Holds Customer Assets One-to-One
Binance CEO Changpeng “CZ” Zhao is fighting fear, uncertainty and doubt, saying assets held on the world’s largest exchange are one-to-one backed. In a new interview with CNBC Squawk Box host Aaron Sorkin, Zhao says they would not have a liquidity crunch covering any amount of customers’ withdrawals. “People can withdraw 100% of the assets they have on Binance. We will not have an issue on any given day. So 100% of users withdraw 100% of assets, we’d be fine. This is very different for traditional financial people to understand…
Dutch Central Bank Says Crypto Exchange KuCoin Is Operating Without a License in Netherlands
KuCoin, which doesn’t have a license in the U.S., operates in over 200 countries and is one of the largest cryptocurrency exchanges worldwide by trading volume, partly because of its low trading fees. The exchange launched in the Netherlands in October 2019. Source