Huobi Exchange Users Furious After GALA Holdings are Converted to ‘Meme Token’

The reason for the initial price drop stemmed from a confusing maneuver carried out by pNetwork – a firm that locks up GALA on Ethereum and re-mints it as “pGALA” on Binance Smart Chain. When pNetwork found a vulnerability in its bridging code, it executed a “white hat” attack on its own token – minting out billions of new pGALA tokens, and using them to drain the decentralized exchanges that allow users to swap between pGALA and other BSC-based tokens. The move effectively allowed pNetwork to assume control of user…

US-Based Crypto Exchange Kraken Launches Beta Testing for New NFT Marketplace

Crypto exchange Kraken’s new non-fungible token (NFT) marketplace is now live for beta testers selected from a waitlist. In a new announcement, Kraken says that beta testers will soon receive an email providing them with exclusive access to the marketplace, which the exchange says will feature gasless internal transactions. “Kraken NFT Beta testers will have exclusive access to explore, trade and secure NFTs from the most popular artists and projects — all while paying zero gas fees. Gas fees will be incurred when transferring NFTs and other crypto assets on…

Digital Asset Exchange Crypto.com Rolls Out Support for Under-the-Radar DeFi Altcoin

Singapore-based digital asset exchange Crypto.com is adding support for another low-cap decentralized finance (DeFi) altcoin. The exchange’s customers can now trade the native token of Ribbon Finance (RBN), a suite of DeFi protocols that aims to help users access crypto-structured products. RBN is trading at $0.34 at time of writing. The 179th-ranked crypto asset by market cap is down more than 3.5% in the past 24 hours and more than 9% in the past seven days. It’s also more than 93% down from its all-time high of $5.54, which it…

Uzbekistan Unblocks Popular Russian Crypto Exchange Aggregator – Exchanges Bitcoin News

The government body overseeing the crypto market in Uzbekistan has restored access to Bestchange.ru, a well-known exchange aggregator in the region. The move comes after earlier this year the regulator blocked a number of coin trading platforms, including Binance. Residents of Uzbekistan Can Again Use the Services of Bestchange.ru Uzbekistan’s National Agency of Perspective Projects (NAPP), the authority regulating the crypto space in the Central Asian nation, has removed restrictions imposed on Bestchange.ru, a popular exchange aggregator in Russia and the former Soviet space. The development was announced by the…

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Santander UK Limits Cryptocurrency Exchange Transactions, Bank Says Investing in Crypto ‘Can Be High Risk’ – Bitcoin News

On Nov. 3, Santander UK, the subsidiary of the Spanish financial giant Banco Santander, S.A., published a notice that says “investing in cryptocurrency assets can be high risk.” Furthermore, the British bank also imposed a limit on cryptocurrency exchanges using the firm’s mobile and online banking services. Santander UK Limits Crypto Exchange Transfers to ‘Protect’ Customers Santander UK has published a new update concerning cryptocurrencies and it warns that investing in such financial vehicles can be “high risk.” The bank notes that the U.K.’s Financial Conduct Authority (FCA) has warned…

UBS Prices First Bond to Be Listed, Settled on a Digital Exchange

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Crypto Exchange Kraken Opens Waitlist for ‘Gasless’ NFT Marketplace

CryptoX – Cryptocurrency Analysis and News Portal According to the site, transactions will be “gasless,” meaning that users can buy and sell NFTs that are custodied within the Kraken ecosystem without incurring blockchain network fees. “This means clients can trade on the marketplace with zero disruption, even in peak network activity,” Kraken said in a press release. Source The post Crypto Exchange Kraken Opens Waitlist for ‘Gasless’ NFT Marketplace appeared first on CryptoX. CryptoX Portal