Tag: Exchange

Zeebu (ZBU) Token Goes Live for Trading on LBank Exchange

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July 23, 2023 – Dubai, United Arab Emirates The world’s first loyalty token tailored for telecom carrier businesses – Zeebu (ZBU) – has been successfully listed on global cryptocurrency exchange LBank. From today, users of the LBank Exchange can officially trade the ZBU/USDT trading pair. The milestone marks a significant step in the journey of Zeebu, whose goal is to empower telecom carriers with loyalty rewards and streamline invoice settlements within its ecosystem. Listing details Trading pair – ZBU/USDT Start deposit – 07:00 UTC on July 21, 2023 Start trading –…

Binance Embraces Worldcoin: Altman’s Orb-Based Project Goes Live on Major Exchange

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Binance has announced that it would be launching the Worldcoin token, the principal digital asset of the Worldcoin project, co-founded by the brilliant AI programmer and entrepreneur Sam Altman. Worldcoin’s introduction on Monday received a lot of attention from the cryptocurrency community due to its novel approach to resolving issues of identification and wealth disparity. Released in May, Worldcoin’s World App is a gas-free crypto wallet that showcases the company’s commitment to innovation after its transition from Polygon to Optimism. Binance is adding two new spot trading pairs for the Worldcoin…

Bitcoin whale exchange inflow share hits 1-year high — over 40%

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Bitcoin (BTC) whale buying and selling in 2023 is mostly from speculative investors, new data reveals. In the latest edition of its weekly newsletter, “The Week On-Chain,” analytics firm Glassnode shows that contrary to popular belief, opportunistic entities are the most active whales. The birth of the Bitcoin “short-term holder” whale Since BTC price action returned to $30,000, a shift has taken place among Bitcoin traders. As Glassnode shows, so-called short-term holders (STHs) — investors holding coins for a maximum of 155 days — have become significantly more common. As…

Nigeria’s social payments app, Bundle, shutting down crypto exchange

Bundle, a Nigerian social payments app, is winding down its cryptocurrency exchange division. Although the reasons for Bundle’s decision have not been disclosed, it indicates a change in the company’s approach. Bundle dumps crypto amid CBN restrictions The company says the decision was prompted by the “current gloomy market conditions,” leading it to refocus on its core payments business. Until Sep. 30, 2023, Bundle will continue to support crypto trading on its platform. However, users will no longer be able to buy or sell cryptocurrencies through Bundle after that. Bundle,…

Indonesia unveils national crypto exchange and clearing house 

Indonesia has introduced a national crypto asset exchange and clearing house to foster transparency and security for digital asset investors in the region.  The bourse, which has been operational since July 17, 2023, will list existing licensed crypto companies such as Binance’s Tokocrypto and Indodax as traders. Indonesia fostering crypto adoption  When nations like Kuwait are imposing blanket bans on crypto, the Indonesian government has introduced a new national crypto exchange to enhance transparency and foster investor protection.  Operated by PT Bursa Komoditi Nusantara (BKNI), a subsidiary of the Indonesian Commodity Futures…

Nigerian social payments app shuts down crypto exchange services

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Nigerian social payments app, Bundle announced on July 20 that it is shutting down its crypto exchange arm.  According to a statement released on the company blog, explaining that it is ceasing its crypto exchange operations as it focuses on expanding the services of Cashlink as a payment solution. Bundle stated that it will cease operations of its exchange services as part of the shareholders’ decision to restructure the business to focus on Cashlink. Screenshot of Bundle press release statement. Source: Bundle In the statement, the company cited that this…

Indonesian Launches Crypto Exchange and Clearing House

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The Indonesian commodities futures regulator has established the country’s official cryptocurrency exchange as part of the efforts to regulate the fast-growing digital asset space. Additionally, the regulator has established a clearing house for digital assets. Discover StealthEX.io – the future of cryptocurrency. Swap instantly across 1000+ coins, no sign-up, secure, and private. Dive into the new age of crypto! The Commodity Futures Trading Regulatory Agency (CoFTRA) made the announcement yesterday (Thursday). In the statement, the regulator noted that it had established an official platform for storing digital assets in the…

Indonesia’s Long Awaited Crypto Exchange, Clearing House Starts Operations

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“The establishment of exchanges, clearing houses and managers of crypto asset storage is proof that the government is present in an effort to create a fair and fair crypto asset trading ecosystem to guarantee legal certainty and prioritize protection for the public as customers,” Didid Noordiatmoko, head of the Indonesian Commodity Futures Trading Supervisory Agency (Bappebti), said in a statement to the press. Source

Indonesia launches its crypto exchange and clearing house

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The national cryptocurrency exchange, announced by the Indonesian government a week ago, has begun to function, according to a statement from the country’s Commodity Futures Trading Supervisory Agency (CFTRA). The platform will be the only space in the country where the legal exchange of digital assets is allowed.  CFTRA confirmed the opening of the exchange on July 20. In addition, the CFTRA decree establishes a Futures Clearing House along with the exchange. A clearing house is essentially a mediator between a buyer and seller, ensuring the transaction goes smoothly. Previously…