Tag: Exchange

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

Stablecoin Exchange Inflow Mean Hits ATH, Why This Could Be Bullish For Bitcoin

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On-chain data shows the stablecoin exchange inflow mean has reached a new all-time high, here’s why this might prove to be bullish for Bitcoin. Stablecoin Exchange Inflow Mean Has Surged Up To A New ATH Recently As pointed out by an analyst in a CryptoQuant post, these inflows can be positive for Bitcoin in the long term, but might be bearish in the short term. The “stablecoin exchange inflow mean” is an indicator that measures the average amount of stablecoins per transaction going into the wallets of centralized exchanges. As…

Crypto Exchange Huobi Tweets Plan to Move to Caribbean

Sun, who stepped down as the Tron’s CEO to become Grenada’s ambassador to the World Trade Organization last year, said in an interview with the Financial Times earlier this week that the Caribbean’s “super-friendly” crypto stance, use of English and common law-based legal systems, made it an attractive region to set up shop. He added that Dominica, Panama and the Bahamas were the frontrunners. Source

Troubled Crypto Exchange Zipmex on the Verge of Venture Capitalist Buyout: Report

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Embattled crypto exchange platform Zipmex is reportedly on the verge of being purchased by a venture capitalist firm. According to a new report by Bloomberg, the Singapore-based digital assets exchange is currently in talks with V Ventures, an investment firm that focuses on technology. Sources familiar with the situation tell Bloomberg that Zipmex is on the cusp of agreeing to a majority buyout, though the buyer has not been officially named. However, they also noted that the company is in close talks with V Ventures. The sources go on to…

Crypto Exchange Coinbase’s Chief Product Officer Steps Down Amid Restructuring

CryptoX – Cryptocurrency Analysis and News Portal The move is part of a restructuring of several of Coinbase’s groups. “In connection with Mr. Chatterjee’s resignation, Coinbase’s product, engineering and design teams are being reorganized within a product group structure under which the leaders of such groups will assume responsibility for Coinbase’s product offerings,” Coinbase said in the filing. Source The post Crypto Exchange Coinbase’s Chief Product Officer Steps Down Amid Restructuring appeared first on CryptoX. CryptoX Portal

Crypto Exchange Deribit Suffers Hack, $28,000,000 in Bitcoin, Ethereum and USDC Vanish After Wallets Compromised

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A crypto exchange platform has been hacked to the tune of millions of dollars worth of Bitcoin (BTC), Ethereum (ETH), and stablecoin USD Coin (USDC). Digital assets exchange Deribit tells its 52,000 Twitter followers that bad actors have made away with $28,000,000 worth of BTC, ETH, and USDC after compromising a crypto wallet. However, Deribit notes that no client funds are in danger and their losses would be covered by the firm’s reserves. The crypto exchange also says that it keeps the overwhelming majority of its customers’ digital assets in…

Crypto Exchange Coinbase Announces Support for Two Low-Cap Solana (SOL) Based Altcoin Projects

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Top US digital asset exchange Coinbase has announced it will be adding two Solana (SOL)-based crypto projects to their list of tradable altcoins. Announcing via Twitter, Coinbase says it will be adding support for Marinade (MNDE) and Marinade Staked SOL (mSOL) on the Solana network, with trading beginning on November 3rd once liquidity conditions are met. Both altcoins will be listed under Coinbase’s Experimental Label, which the exchange created for riskier, lower liquidity crypto assets. Marinade is a decentralized autonomous organization (DAO) that aims to make Solana more censorship-resistant and…

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