NFT Exchange Magic Eden Expands to Ethereum

“We don’t think winning on ETH will happen overnight. We are entering the market with humility and are prepared to build for a long while,” Zhuoxun Yin, co-founder of Magic Eden, told CoinDesk. “With that being said, we have a strong conviction for our hypothesis on what NFT creators and collectors need from their marketplace.” Source

Huobi gets green light as exchange provider in Australia

Crypto exchange Huobi can begin offering cryptocurrency exchange services in Australia after its registration as a digital currency exchange provider with the Australian Transaction Reports and Analysis Centre (AUSTRAC) on Aug. 1. This means Huobi can now offer fiat to cryptocurrency trading services in the country. Cointelegraph has reached out to Huobi to ascertain whether it will be able to offer full exchange services. The company initially indicated it would focus on providing OTC services after receiving its registration. The exchange continues to look at broadening its horizons and is…

Coinbase CEO Brian Armstrong Reveals What It Takes for Altcoins To Be Listed on Exchange

The head of the biggest crypto exchange in the US is revealing the company’s strategy for listing new digital assets on its platform. In an interview with Lex Fridman, Coinbase CEO Brian Armstrong says that the first step of listing an altcoin on the exchange is determining whether or not the asset qualifies as an unregistered security. “We basically have a test of legality. We check: ‘Do we believe this is a security?’ If so, it can’t be listed on Coinbase. And there’s a very rigorous process we go through…

BREAKING: FIRST LOOK ON SHIBA INU BLOCKCHAIN SHIBARIUM IS HERE!! – EXPLAINED

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io FIRST LOOK ON SHIBA INU BLOCKCHAIN SHIBARIUM!! GET READY AND NEVER WORK AGAIN – EXPLAINED Today in this video we’re gonna talk about everything Shiba Inu, Shiba Inu Coin, Shiba Inu Coin News, Shiba Coin, Shib, Shiba Inu Coin Prediction, Shiba Swap and many MORE! The crypto market is always surprising us, so try to keep up with the cryptocurrency news! Shiba Inu has many developments coming in the next few months, which include the launch of Shibaswap 2.0, SHIB – The…

Two Under-the-Radar Altcoins Rolled Out on Digital Asset Exchange Crypto.com

Singapore-based digital asset exchange Crypto.com is adding support for two under-the-radar altcoins as markets rebound. Earlier this week, the exchange listed the native token of Boba Network (BOBA). The project utilizes optimistic rollups, a less stringent and data-heavy method of transaction verification than traditional zero-knowledge rollups. The BOBA token can be used for governance and staking. The project aims empower decentralized applications (DApps) developers building on Ethereum (ETH). BOBA is trading at $0.51 at time of writing. The 306th-ranked crypto asset by market cap is up more than 15% in…

Exchange Inflows Decline To Low Values

On-chain data shows the Ethereum exchange inflows have declined to low values recently, a sign that could be bullish for the crypto’s price. Ethereum 7-day MA Exchange Inflows Have Gone Down In Recent Weeks As pointed out by an analyst in a CryptoQuant post, the ETH price has been reversing up as the PoS merge comes near. The “exchange inflow” is an indicator that measures the total amount of Ethereum moving into wallets of all centralized exchanges. When the value of this metric shoots up, it means a large number…