Tag: Exchange

Alvey Chain Introduces world’s first Next-Generation Virtual Reality Multiverse Exchange – Press release Bitcoin News

boss

press release PRESS RELEASE. London – Alvey Chain, a decentralized Layer 2 Blockchain built on Ethereum Chain, also a leading provider of blockchain technology solutions, is proud to announce the launch of its next-generation Virtual Reality Multiverse Exchange. The new platform offers a secure, reliable, and scalable solution for users. They can trade, open as many as 50 charts, use various indicators, manage their wallets all while having an immersive experience. The Alvey Chain platform is built on a highly scalable architecture that can handle thousands of transactions per second,…

Dubai-Headquartered Crypto Exchange MaskEX Launches Virtual Card for Worldwide Spending and Welcomes Ben Caselin as Vice President to Drive Global Expansion Effort – Press release Bitcoin News

boss

press release PRESS RELEASE. Dubai, United Arab Emirates, March, 2023 – MaskEX, a rapidly expanding third-generation crypto exchange, headquartered in Dubai, has announced the launch of its crypto-backed Virtual Card, enabling users to spend their crypto as fiat in more than 176 countries with over 50 million merchants worldwide. This new feature is now available to all ID-verified MaskEX users. MaskEX has also announced that Ben Caselin, former Head of Research and Strategy at Hong Kong-based crypto exchange AAX, has joined MaskEX in the role of Vice President. Drawing on…

Silvergate Effect? Bybit Becomes Latest Crypto Exchange to Halt USD Withdrawals

boss

Cryptocurrency exchange Bybit, known for offering derivatives instruments, will temporarily suspend US dollar withdrawals from 10 March due to a service outage of its “end-point processing partner.” “Withdrawals via Wire Transfer (including SWIFT) will also be suspended at Mar 10, 2023, 12 AM (midnight) UTC due to the same end-point processing partner. If you wish to make any withdrawals via these methods, please do so before Mar 10, 2023, 12 AM (midnight) UTC,” the Dubai-headquartered exchange stated in a notice released over the weekend. Notice on Suspension of USD Payments…

Crypto Exchange Bybit Suspends USD Deposits

Bybit’s move comes a month after Binance, the world’s largest digital assets exchange by trading volume, halted dollar transfers and amid a crisis at Silverage, a California-based lender famous for offering traditional banking services to crypto firms, including exchanges. Last week, Bybit said it’s evaluating “its ability to continue as a going concern” and delayed filing its annual report with the Securities and Exchange Commission. Source BitcoinBybitCryptocryptoexchangeDepositsExchangeExchangesSuspendsUSD CryptoX Portal

Decentralized Exchange Pancakeswap to Launch Version 3 Iteration in April – Defi Bitcoin News

boss

On March 4, the decentralized exchange Pancakeswap announced that the team plans to launch its version three (v3) iteration of the platform during the first week of April 2023. Pancakeswap v3 will provide new features and improve liquidity alongside enhancements in interface accessibility and the decentralized exchange (dex) platform’s yield farming experience. Pancakeswap Announces Version 3 Launch Date Pancakeswap, the multichain dex platform, announced the launch of the program’s third iteration, called Pancakeswap v3. The application is set to go live during the first week of April on the Binance…

Shiba Inu (SHIB) Burn Rate Explodes Nearly 8,000% As Dogecoin Rival Gets Surprise Listing from Major Exchange

boss

Shiba Inu’s rate of token burns has skyrocketed nearly 8,000% as the SHIB community welcomes yet another listing from a major crypto exchange. According to Shibburn, which keeps track of SHIB burning, the burn rate suddenly exploded 7,900% on Friday as 43 million tokens were burned in a single day. “HOURLY SHIB UPDATE SHIB Price: $0.00001137 (1hr 0.13% ? | 24hr -5.18% ? ) Market Cap: $6,699,607,943 (-5.47% ?) Total Supply: 589,614,707,812,657 TOKENS BURNT Past 24Hrs: 43,192,603 (7909.09% ?) Past 7 Days: 148,357,592 (-19.8% ?)” At time of writing, over…

Crypto Exchange Binance Joins Forces With Law Enforcement to Launch Anti-Scam Campaign – Featured Bitcoin News

boss

Binance has launched its Joint Anti-Scam Campaign in collaboration with law enforcement agencies worldwide to fight “an alarming uptrend” in crypto-related scams, the cryptocurrency exchange said. “So far, the project has achieved tremendous results,” Binance claimed. Binance’s Joint Anti-Scam Campaign Cryptocurrency exchange Binance announced Friday that it recently launched a campaign to combat cryptocurrency-related scams in partnership with law enforcement agencies. Noting “an alarming uptrend in both traditional and crypto-related scams,” Binance said it has been “engaging in discussions with law enforcement agencies worldwide about how to fight and prevent…

Top US Crypto Exchange Coinbase Acquires Digital Asset Manager With Goal of ‘Bridging the Gap’ to Institutions

boss

Top US crypto exchange Coinbase has acquired a digital asset manager in an effort to expand further into the institutional investor space. Coinbase purchased One River Digital Asset Management (ORDAM), a subsidiary of One River Asset Management, according to a new press release. ORDAM will now operate as Coinbase Asset Management (CBAM), an independent subsidiary of the US-based crypto exchange. Greg Tusar, Coinbase’s head of institutional product, tells Bloomberg that the acquisition is about strengthening ties with institutions. “This is about wanting to bring more institutional capital into the world…

Silvergate closes Exchange Network, releases $9.9M to BlockFi

boss

Crypto bank Silvergate announced on March 3 that it is discontinuing its digital assets’ payment network, claiming the termination is a “risk-based decision”. The move comes after the bank’s stock fell over 59% in the past five days due to fears of a potential bankruptcy.  A disclaimer on Silvergate’s website stated: “Effective immediately Silvergate Bank has made a risk-based decision to discontinue the Silvergate Exchange Network (SEN). All other deposit-related services remain operational.”  A second decision on the same day from United States Judge Michael B. Kaplan said Silvergate had…