Tag: Exchange

Crypto Exchange Luno Rejigs Leadership Roles as It Seeks to Boost Investor Base, Eyes Public Listing

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“Having first invested in Luno’s seed round in 2014 followed by an acquisition in 2020, we want to thank Marcus for his dynamic leadership and enduring enthusiasm for the global crypto landscape as he transformed Luno into a digital asset powerhouse,” DCG founder and CEO Barry Silbert was quoted as saying in in the release. “With James at the helm and strategic partnership from Marcus in his new role as Executive Chairman, we look forward to supporting Luno in its ambitious and continued growth journey.” Source

Seized exchange Bitzlato allows users to withdraw 50% of Bitcoin

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Russia-linked cryptocurrency exchange Bitzlato has partially restored access to user funds despite being officially seized by European authorities. Bitzlato has enabled its users to withdraw up to 50% of assets stuck on the platform due to enforcement from the United States and Europol, the firm announced on its Telegram channel on March 20. According to the statement, Bitzlato users can now restore half of their assets using the Telegram bot — bz_phoenix_bot — which allows users to move assets from the web Bitzlato account to an external wallet or exchange.…

Crypto Exchange Bitzlato Restores User Access to Half of Bitcoin Balances, Report – Exchanges Bitcoin News

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Bitzlato users can now partially withdraw their bitcoin funds from the dismantled cryptocurrency exchange, according to a media report. The Russia-linked trading platform was targeted by Western law enforcement and had its France-based server infrastructure seized in January. Bitzlato Customers Allowed to Withdraw Up to 50% of Their Bitcoin at the Exchange Users of Bitzlato’s web portal and app can now withdraw a portion of the funds they had with the crypto exchange when it was busted by French and U.S. authorities in mid-January. Since Monday, its clients have access…

24,940,023,596,035 Shiba Inu (SHIB) Worth Over $276,000,000 Transferred From Crypto Exchange to Self Custody: Santiment

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Nearly 25 trillion SHIB tokens worth over a quarter billion dollars have left a top crypto exchange and are now sitting off the market in cold storage, according to new on-chain data. First spotted by crypto analytics firm Santiment, an unknown Ethereum (ETH) address transferred 24.9 trillion SHIB into a self custody wallet in six different transactions. The whale has also been rapidly accumulating ETH since the beginning of March, according to Santiment. “$276M worth of Shiba Inu has been transferred from an exchange wallet to self custody wallet in…

Decentralized Exchange Camelot Crosses $100M in TVL Ahead of Arbitrum Airdrop

Camelot’s growth comes amid massive interest in Arbitrum’s ARB airdrop coming on Thursday. Camelot is a DEX built on Arbitrum, and users in the Camelot ecosystem are expecting ARB, once airdropped, to be listed on the DEX, which would mean ARB can be traded or deposited in Camelot’s liquidity pools. Source 100MAheadAirdropArbitrumCamelotCrossesDecentralizedExchangeTVL CryptoX Portal

New York-Based Investment Firm in Talks with Potential Buyers of Defunct Exchange

FTX may yet have a chance to establish itself as a force to reckon with in the crypto space. Plans to launch FTX 2.0 may gradually be shaping up after Wall Street investment firm, Jefferies, confirms that it is in talks with a potential buyer for the failed FTX exchange. If all goes according to plan, the exchange is expected to resume operations after being shut down by regulators. Bankrupt FTX Exchange to Relaunch as FTX 2.0 According to sources familiar with the situation, Jefferies has been weighing various options…

Top Decentralized Exchange Built on Solana (SOL) To Ban US Customers From Trading Amid Regulatory Uncertainty

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The top decentralized exchange (DEX) built on Solana (SOL) plans to restrict Americans from trading on its platform at the end of the month. Orca (ORCA) announced the new restriction on its website this week, however, it did not provide a reason for the change in policy. “Orca will be adding the United States to the regions and countries which are restricted from trading on orca.so effective March 31, 2023. This will not impact the ability of U.S. users to directly interact with Orca’s smart contract or SDK, nor will…