Tag: Exchange

Under-the-Radar Exchange Token Defies Crypto Market Downtrend, Surges Over 40% in One Week

boss

A crypto exchange token that’s flying under the radar is on the up and up this week even amid the market-wide corrective move. The native token of the MEXC exchange platform (MX) rallied from this week’s open at $1.23 to a high of $1.74 on Friday, representing an ascent of over 41%. The 215th-ranked crypto asset by market cap is also up more than 80% in the past month and over 101% since the start of 2023. MX has retraced from the high since and is trading for $1.65. Founded…

SEC Official Says Binance US Is Operating ‘Unregistered Securities Exchange’

CryptoX – Cryptocurrency Analysis and News Portal “The staff believes – based solely on the facts and circumstances currently known to the staff – that the offering and sale of VGX tokens has the attributes of a securities transaction,” he said. “The staff also believes that Binance US is operating an unregistered securities exchange in the United States.” Source The post SEC Official Says Binance US Is Operating ‘Unregistered Securities Exchange’ appeared first on CryptoX. CryptoX Portal

Crypto Exchange Bitzlato Restores Access to User Funds – Exchanges Bitcoin News

boss

Russia-linked cryptocurrency exchange Bitzlato has begun processing withdrawals of digital assets belonging to its customers. The trading platform was shut down in an operation carried out by law enforcement agencies in the U.S. and Europe alleging that it had been used to launder dirty money. Bitzlato Allows Withdrawals After Staying Offline for Weeks Users who have deposited funds to Bitzlato can now start to withdraw their coins, the recently seized crypto exchange said in a Telegram message. The announcement comes after a period of over a month during which the…

US Senators Probe Crypto Exchange Binance About ‘Potentially Illegal Business Practices’ – Regulation Bitcoin News

boss

Three U.S. senators have asked crypto exchanges Binance and Binance US for documents and answers pertaining to “potentially illegal business practices.” The lawmakers told Binance CEO Changpeng Zhao (CZ): “Your actions have called into question the legitimacy of your business and the safety of your customers’ assets.” U.S. Lawmakers Probe Binance U.S. Senators Elizabeth Warren (D-MA), Chris Van Hollen (D-MD), and Roger Marshall (R-KS) sent a letter to Binance and Binance US on Wednesday, calling for the crypto exchanges to “provide transparency about potentially illegal business practices.” The letter, addressed…

Crypto Exchange OKX Seizes 2,000,000 in USDT From Five Accounts Allegedly Involved in Price Manipulation

boss

Crypto exchange OKX says it has taken action against five accounts involved in the market manipulation of Celestial (CELT). CELT is the native token of the Celestial metaverse project, which recently announced the creation of a new blockchain game. Celestial developers promoted the game on social media using the OKX brand, causing the price of CELT to surge by nearly 200% before dropping by over 50% in the past 24 hours. Amid allegations of insider trading, OKX says it did not authorize the promotion and denies having a business relationship…

Mastercard and Other Industry Leaders Join RBA in Testing Digital Dollar Use Cases in Australia Australia’s central bank is taking steps towards a more digitized economy by partnering with industry representatives to test the use cases for a digital dollar, the eAUD. The Reserve Bank of Australia (RBA) is currently conducting a pilot project which will explore various areas of use for a central bank digital currency (CBDC). The projects range from bond settlement and securities trading to offline payments. The RBA’s Assistant Governor, Mr. Brad Jones, stated that the people who participated in the pilot projects involve a diverse range of field representatives, including small fintech and large financial institutions. Several entities, including the Commonwealth Bank, Australia and New Zealand Banking Group Limited (ANZ), Monoova, the Australian Bond Exchange, Mastercard, DigiCash, and others, are collaborating with the RBA on various pilot projects. One of the pilot projects aims to test whether smart cards preloaded with money could activate offline payments. This project will aim to work on a consumer-to-merchant system, enabling users to conduct transactions even without an internet connection. A separate initiative explores the potential of utilizing the USDC coin to simplify all foreign exchange trades and cross-border money transfers.The objective is to experiment with carrying out global remittances around the clock, every day of the year, with an emphasis on minimizing counterparty risks. Central banks worldwide are pursuing digital currency experiments, and the RBA’s initiative is among them. The RBA expects to complete its CBDC pilot by mid-2023. The pilot, along with the broader research study, will serve two purposes. It will contribute to hands-on learning by the industry and policymakers’ understanding of how a CBDC could benefit the Australian financial system and economy. The RBA’s CBDC pilot has the potential to revolutionize the Australian financial system and open up new opportunities for businesses and individuals. As the world moves towards a more digitized economy, central bank digital currencies will play an increasingly significant role in financial systems worldwide.

boss

Australia’s central bank is taking steps towards a more digitized economy by partnering with industry representatives to test the use cases for a digital dollar, the eAUD. The Reserve Bank of Australia (RBA) is currently conducting a pilot project which will explore various areas of use for a central bank digital currency (CBDC). The projects range from bond settlement and securities trading to offline payments. The RBA’s Assistant Governor, Mr. Brad Jones, stated that the people who participated in the pilot projects involve a diverse range of field representatives, including…

Top 5 BEST Crypto Exchanges in 2023: Are They SAFE?!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 🛒 Binance Discount Deal 👉 🛒 OKX Discount Deal 👉 🛒 Bitget Discount Deal 👉 🔥 TOP Crypto TIPS In My Newsletter 👉 ~~~~~~ 📺 Useful Vids 📺 Self Custody 👉 Exchange Proof of Reserves 👉 Binance Review 👉 Kraken Review 👉 ~~~~~~ ⛓️ 🔗 Useful Links 🔗 ⛓️ Best Crypto Exchanges: Binance Review: Kraken Review: OKX Review: Bitget Review: Binance Proof of Reserves: Binance US Supported Coins: Kraken Proof of Reserves: Binance Withdrawals: Coinbase Legal: ~~~~~~ – TIMESTAMPS – 0:00 Intro…