Decentralized exchange dYdX has cancelled a $25 deposit promotion after being scrutinized for asking participants to conduct a “liveness check”, which identified customers using their webcams. Source
SIX Swiss Exchange, Europe’s third-largest stock exchange and top post-trade service provider, has reversed the two-month decline its previously recorded in its total trading turnover. 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. The stock exchange’s turnover reached CHF 78.3 billion in August, which is a 1.3% month-over-month (MoM) gain from the CHF 77.2 billion it posted in July. On the contrary, the total number of transactions made on the exchange declined…
Defunct crypto exchange Mt. Gox has said that a repayment date will be set in “due course” according to a document published by Mt. Gox trustee Nobuaki Kobayashi. Source
Indonesia’s government plans to establish a crypto stock exchange by the end of 2022, a government minister has said, according to a report by DealStreetAsia. Source
FTX chief executive Sam Bankman-Fried says his firm has no plans to acquire Seychelles-based crypto exchange platform Huobi. Bloomberg reported earlier this month that Huobi founder Leon Li was in talks with investors to sell his roughly 60% stake in the company. Anonymous sources “familiar with the matter” told Bloomberg that Sam Bankman-Fried and Tron founder Justin Sun were among the people who showed interest in purchasing the shares. Sun, however, promptly denied “engaging in any matters” relating to the Bloomberg story. The Huobi corporate Twitter account responded to Sun’s…
Leading US crypto exchange Coinbase is officially rolling out trading services for two digital assets that were recently added to its listing roadmap. In a new announcement, Coinbase says that Aurora (AURORA) will be available accompanied by the “Experimental” label, which the exchange applies to “assets that are either new to our platform or have relatively low trading volume compared to our broader crypto marketplace.” Aurora was designed by the team behind the layer-1 scaling solution Near Protocol (NEAR). As an Ethereum Virtual Machine (EVM), Aurora is fully compatible with…
August 31, 2022 – London, United Kingdom Kinesis, the world’s leading gold and silver based monetary system, has listed the XDC coin on the Kinesis Exchange. XDC will be tradeable against eight fiat pairs, including USD, GBP and EUR, alongside Kinesis’ native gold and silver based stable coins, KAU and KAG. Users can instantly trade their XDC against physical gold or silver on the exchange to start earning a yield on their assets through Kinesis’ array of yield products. XDC will be spendable on the Kinesis virtual card alongside the…
South Korea’s second-largest city Busan has announced a partnership with crypto trading platform FTX to build a local crypto exchange and foster blockchain development. Sam Bankman-Fried’s FTX will assist in creating the Busan Digital Asset Exchange as per an official statement from the Busan Metropolitan City on Aug. 30. The Bahamian-based firm will also support the city in fostering the growth of the local blockchain industry. Busan City will make use of FTX’s technology and infrastructure to establish its own cryptocurrency exchange. FTX is also set to be involved in promoting…
The special zone has built several blockchain-based products and applications for use by the general public. These include B Pass, a blockchain-based ID service, Busan Digital Voucher, a local currency circulation-boosting service based on its digital ledger, the Citizen Safety Report, and B-Fresh, a seafood logistics service. Source
Sam Bankman-Fried and FTX’s regulatory team met with White House policy advisor Charlotte Butash and counselor Steve Ricchetti in May. Source