Crypto Exchange Coinbase’s New Layer 2 Blockchain on Ethereum’s Optimism, Base, Has Rocky Rollout

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Fast-Rising Altcoin From Shiba Inu (SHIB) Ecosystem Gets Major Crypto Exchange Listing Ahead of Shibarium Release

A key altcoin in Shiba Inu’s (SHIB) ecosystem is slated to be listed on Gate.io, according to an update from the crypto exchange. Gate.io, a top 20 exchange with over $800 million in 24-hour trading volume, updated its trading page for ShibaSwap (BONE) on Thursday with a countdown to when the altcoin will go live. BONE will be used for gas fees and governance on Shibarium, the highly anticipated layer-2 project designed to make Shiba Inu more efficient, similar to Polygon (MATIC) on Ethereum (ETH). It’s also the native token…

New York Attorney General Sues Crypto Exchange Coinex — Claims Trading Platform Offers Unregistered Securities – Regulation Bitcoin News

New York Attorney General Letitia James has sued cryptocurrency exchange Coinex “for failing to register as a securities and commodities broker-dealer and for falsely representing itself as a crypto exchange.” The NY attorney general also stressed that Coinex is not registered with the U.S. Securities and Exchange Commission (SEC) even though the platform lets users trade crypto tokens that are allegedly securities. Coinex Violates New York Law, Says NYAG Letitia James The office of New York Attorney General (NYAG) Letitia James announced Wednesday that the attorney general has sued cryptocurrency…

CoinEx crypto exchange sued by New York for failing to register with state

Cryptocurrency exchange CoinEx has been sued by the New York Attorney General, Letitia James, alleging the firm falsely represented itself as an exchange due to failing to register as a securities and commodities broker-dealer in the state. A 38-page petition filed by James in the New York Supreme Court on Feb. 22 alleged CoinEx “engaged in repeated and persistent fraudulent practices” and violated the state’s Martin Act — considered one of the most strict anti-fraud and securities regulation laws in the United States. She also asserted CoinEx listed various tokens…

Under-the-Radar Altcoin Jumps 34% After Surprise Listing From Crypto Exchange Binance

A surprise listing from Binance has triggered a big rally for a crypto project focused on helping funds flow from one blockchain to another. The exchange has added Synapse (SYN) to its Innovation Zone, which is a dedicated trading space for crypto assets that could be prone to increased volatility. Immediately after the listing, SYN surged from a 24-hour low of $1.25 to a high of $1.68 – an increase of 34%. Following the initial burst, SYN has retraced to $1.61 at time of publishing. Synapse is a decentralized bridge…

IEX Exchange Looking to Float Regulated Crypto Outfit with Coinbase

Despite the scare from regulators, many still attest to the fact that the crypto market will play a crucial role in the future of finance. American trading bourse, the IEX Exchange is looking to launch a digital currency trading platform in partnership with publicly traded industry leader, Coinbase Global Inc (NASDAQ: COIN). According to a Fox Business report citing sources close to the discussions, IEX Exchange Chairman Brad Katsuyama has been in talks with Coinbase in order to achieve that primary goal. As noted, the stock exchange has been in…

Institutional Crypto Firms Accumulating Large Amounts of Ethereum-Based Decentralized Exchange Token: On-Chain Data

Two crypto firms are scooping up large amounts of one fast-rising decentralized exchange (DEX) token, according to on-chain data from the Arbitrum blockchain. According to blockchain tracker LookOnChain, crypto finance service provider Amber and crypto institutional asset manager Arca are both in the midst of accumulating GMX, the popular DEX built on Arbitrum. Says LookOnChain,  “We noticed that Amber Group and Arca are accumulating GMX. Amber Group received 122,144 GMX ($9.8M currently) from Binance and Arca bought 66,448 GMX ($4.4M currently) from [a] DEX. Amber Group received 122,144 GMX ($7.56M…

Huobi to Launch Huobi Hong Kong Crypto Exchange

Huobi, a major crypto exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of…

Maximize Your Crypto Wallet with LYOTRADE Exchange

LYOTRADE is a cryptocurrency exchange platform that aims to provide a comprehensive and convenient trading experience for its users. The platform has been designed to cater to the needs of both novice and experienced traders, offering a wide range of features and tools that cater to their specific requirements. In this article, we will take a closer look at LYOTRADE and explore some of the key features that make it stand out from other cryptocurrency exchanges in the market. One of the key features of LYOTRADE is its ease of…