CryptoX – Cryptocurrency Analysis and News Portal Cryptocurrency exchange Zipmex is in advanced buyout negotiations that will see it potentially sell a majority stake in the business. Source The post Troubled Crypto Exchange Zipmex Is in Advanced Takeover Talks: Report appeared first on CryptoX. CryptoX Portal
Tag: Exchange
Troubled Crypto Exchange Zipmex Is in Advanced Takeover Talks
Cryptocurrency exchange Zipmex is in advanced buyout negotiations that will see it potentially sell a majority stake in the business. Source
Binance’s Zhao Suggests Exchange Might Still Allow Russian Users
“We are not against any people,” said Binance CEO Chanpeng Zhao (CZ), holding a press conference at the Web Summit in Lisbon on Wednesday. “We are against dictatorships of war, we’re not against the population, but as a business, we’re licensed in many different places, we have to follow the rules,” he added. Source
Crypto Exchange BitMEX Cuts Staff as It Pivots Back to Derivatives Strategy
“We are going to refocus on liquidity, latencies and a vibrant derivatives community including BMEX Token trading,” BitMEX said in a statement shared with CoinDesk. “As an undesirable consequence, we had to make changes to our workforce. Our top priority is to make sure all employees who will be impacted have the support they require.” Source
Deribit crypto exchange halts withdrawals amid $28M hot wallet hack
Major cryptocurrency derivatives exchange Deribit has halted withdrawals after suffering a $28 million hot wallet hack. Deribit exchange got its hot wallet compromised before midnight UTC on Nov. 1, the firm reported on Twitter. The exchange emphasized that client funds are safe as losses are covered by Deribit’s reserves, stating: “Client assets, Fireblocks or any of the cold storage addresses are not affected. It’s company procedure to keep 99% of our user funds in cold storage to limit the impact of these type of events.” As part of the ongoing…
Crypto Exchange Deribit Loses $28M in Hot Wallet Hack, Pauses Withdrawals
Cryptocurrency options and futures exchange Deribit has been hacked, with $28 million being drained from its hot wallet. Source
Crypto Exchange Deribit Loses $28M in Hot Wallet Hack
CryptoX – Cryptocurrency Analysis and News Portal Cryptocurrency options and futures exchange Deribit has been hacked, with $28 million being drained from its hot wallet. Original Source The post Crypto Exchange Deribit Loses $28M in Hot Wallet Hack appeared first on CryptoX. CryptoX Portal
Crypto Exchange Coinbase Files Amicus Brief to Support Ripple in SEC Lawsuit Over XRP – Featured Bitcoin News
Cryptocurrency exchange Coinbase has filed an amicus brief in support of Ripple Labs in the U.S. Securities and Exchange Commission (SEC) lawsuit over xrp. Coinbase’s support is seen as a significant step in the case given that the crypto exchange was among the first trading platforms to delist xrp following the SEC lawsuit. Coinbase Supports Ripple Against SEC The Nasdaq-listed cryptocurrency exchange Coinbase filed an amicus brief on Tuesday in support of Ripple Labs against the U.S. Securities and Exchange Commission (SEC). The regulator sued Ripple, its CEO Brad Garlinghouse,…
SIX Swiss Exchange Relapses in October after 2-Month Turnover Gains
Trading volumes on the SIX Swiss Exchange, Europe’s third-largest stock exchange and top post-trade service provider, relapsed in October 2022. Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading, Fintech, Digital Assets, Blockchain, and Payments. Trading turnover on the exchange dropped 16.1% to CHF 79.3 billion, SIX Swiss Exchange disclosed in its key trading figures for October 2022 published on Tuesday. Similarly, the total number of trades performed on the exchange dropped -2.9% month-over-month (MoM) to 4,717,648. In September,…
Crypto Exchange Binance to Use Twitter as Web 3 ‘Sandbox,’ Help Musk Fend Off Bots: Exec
Patrick Hillman, chief strategy officer at Binance, discusses the crypto exchange’s goals to help new boss Elon Musk fend off internet bots on Twitter and why the crypto exchange sees the potential for Web3 innovation following its $500 investment in the social media company. Source