Earn 175% APR Through ApeCoin (APE) Staking on LBank Exchange – Press release Bitcoin News

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…

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…

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…