Tag: Exchange

Digital Assets Exchange Crypto.com Adds New Support for Surging, Under-the-Radar Altcoin

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Singapore-based digital asset exchange Crypto.com is continuing its listing spree and rolling out support for another red-hot altcoin. On Thursday, the exchange listed the native asset of Gnosis (GNO), a protocol built on Ethereum (ETH) that’s designed as a decentralized prediction market. GNO, which is used for transferring value and validating transactions on the Gnosis network, is trading at $182.10 at time of writing. The 113th-ranked crypto asset by market cap is up more than 1.5% in the past day and more than 17.5% in the past week. GNO is…

New Crypto Exchange Platform Bitflex Launches Futures Trading Competition with $15,000 Prize Pool – Press release Bitcoin News

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press release PRESS RELEASE. Seychelles, August 2022 – Bitflex Ltd., a secure crypto trading exchange currently specializing in crypto derivatives, has announced the launch of a new trading competition with a prize pool of $15,000. From August 5 to September 9, new and existing users on the Bitflex platform can participate in the event for a chance to win rewards. Trade More, Win More With up to 15,000 USDT worth of prizes, the Trading Competition is an important part of Bitflex’s vision to reward its early users and get new…

Brazilian payment app PicPay launches crypto exchange with Paxos

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Major Brazilian payment application PicPay is moving into cryptocurrencies by integrating a crypto exchange service allowing users to buy Bitcoin (BTC) and Ether (ETH). The firm officially announced on Wednesday that PicPay clients can now buy, sell and store two major cryptocurrencies, BTC or ETH, directly on its app. PicPay pointed out that its choice was due to the real use cases provided by these digital assets, including security and many other benefits. The firm stated: “Blockchain technology, which is behind coins like Bitcoin and Ethereum, is already used in…

Crypto Exchange Hotbit Suspends Service After Law Enforcement Freezes Its Funds, Subpoenas Senior Managers – Exchanges Bitcoin News

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Crypto exchange Hotbit has announced the suspension of trading, deposits, withdrawals, and funding on its platform. The exchange said law enforcement has frozen some of its funds and subpoenaed some senior managers as they investigate a criminal case involving the exchange’s former employee. Hotbit Suspends Trading, Deposits, Withdrawals Cryptocurrency exchange Hotbit announced the suspension of its services on Wednesday. The company wrote: We regret to inform you that Hotbit will have to suspend trading, deposit, withdrawal and funding functions. The exact time of resumption cannot be determined at the moment.…

Coinbase Shares Drop As Crypto Exchange Reports $1.1 Billion Net Loss in Q2

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The price of Coinbase (COIN) is dropping after the publicly-traded crypto exchange operator reports losses of over $1 billion in the second quarter of the year. In its latest letter to shareholders, Coinbase says that from April to June 2022, the firm suffered a net loss of $1.1 billion, which includes $446 million in total non-cash impairment charges related to its crypto and ventures investments. “Absent these non-cash impairment charges, net loss would have been $647 million. In Q2 [the second quarter], Adjusted EBITDA [earnings before interest, taxes, depreciation, and…

Indian law enforcement accuses WazirX exchange of aiding in laundering of $130M

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India’s Enforcement Directorate (ED), the agency responsible for financial crimes, is looking at cryptocurrency exchanges suspected of processing transactions that sent more than 10 billion rupees, or about $130 million, from firms under investigation to international wallets. At least ten crypto exchanges are allegedly involved, according to an official who spoke to The Economic Times, and bank accounts of exchange WazirX have been frozen, the newspaper reported. Transactions of up to 1 billion rupees, or $1.3 million, were allegedly made in the names of people with no connections to the…

Zero Hash to Become a Digital Currency Exchange Provider in Australia

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Zero Hash Holdings, a digital asset services firm that enables neo-banks, broker-dealers and payment groups to offer digital asset offerings, has successfully registered to be a Digital Currency Exchange provider (DCE) in Australia. 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 registration was granted by the Australian Transaction Reports and Analysis Center (AUSTRAC), the Australian government financial intelligence agency. Zero Hash completed the registration under Zero Hash Australia Pty Limited, its…

Crypto Exchange Development: Its Core Features, Benefits & Costs

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Millions of people now engage in the hobbies of crypto mining and trading. Customers and financial institutions are using virtual currencies, despite the predictions of doubters that they will fail. The positions of Bitcoin and other cryptocurrencies have not altered substantially. This sector, however, is dominated by a few of the larger crypto platforms. There is still a lot of room in the market for a custom exchange software built from the bottom up. But how can you design a cryptocurrency system that is both safe and trustworthy, and that…

Crypto Exchange dYdX Blocked Accounts That Received Even Small Amounts From Tornado Cash

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