Tag: Exchange

Crypto Exchange Gemini Hit With Lawsuit for Alleged Negligence Over $36,000,000 in Customer Funds

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A retirement account trust company is suing the crypto exchange Gemini for failing to have the “proper safeguards in place” to protect its customers’ assets. IRA Financial Trust alleges hackers stole $36 million in crypto assets belonging to their customers’ retirement accounts which were reportedly in Gemini’s custody. The South Dakota-based trust company has pledged to use proceeds from the lawsuit to reimburse the impacted customers. The firm claims Gemini’s Application Programming Interface (API) had a single point of failure, and that the exchange’s system had a “sweeping vulnerability that…

PayPal to Allow Exchange of Cryptos with External Wallets

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On Tuesday, PayPal (Nasdaq: PYPL), a major global  payments  Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the…

Why are you invested in crypto? | Edward DeLeon

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Edward DeLeon is an outspoken crypto economist, early Bitcoin investor, and the CEO & Founder of Anatha.io, a mission-driven blockchain technology company. Edward envisions a world of self-sovereignty, an end to structural violence, and a global economy that self-actualizes 100% of everyone, everywhere. Visit to discover more. Check out the latest crypto merch at the Cointelegraph Store: Want to join the Cointelegraph team? Check out #Cointelegraph #Bitcoin #CryptoMarkets Subscribe to Cointelegraph: Follow COINTELEGRAPH: Website: Telegram: Facebook: Twitter: Cointelegraph covers everything Bitcoin, bringing…

Crypto Exchange Kraken Says Decentraland, The Sandbox and Metaverse Sector Far Outperforming Market Year-on-Year

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A leading crypto exchange says metaverse tokens are significantly outperforming the rest of the digital assets markets in year-over-year (YoY) returns. In Kraken Intelligence’s new May 2022 market recap and outlook, the exchange giant finds coins such as Decentraland (MANA), The Sandbox (SAND), Axie Infinity (AXS), ApeCoin (APE), and STEPN (GMT) are outperforming the rest of the crypto markets. “When looking at 1Y performance, the Metaverse sector has significantly outperformed the market YoY with a return of +395%. This includes assets such as Decentraland (MANA), Sandbox (SAND), Axie Infinity (AXS), Apecoin (APE), and STEPN (GMT).” Source: Kraken Intelligence Despite outperforming the rest…

London Metal Exchange hit with two U.S. lawsuits over nickel trading chaos

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Traders operate in the Ring, the open trading floor of the new London Metal Exchange (LME) in central London. Matt Clinch | CNBC LONDON — A second U.S. firm has sued the London Metal Exchange for $15.3 million over canceled nickel trades in March. Jane Street Global Trading filed a judicial review claim in the English High Court on Monday, a memo from LME-owner Hong Kong Exchanges and Clearing (HKEX) confirmed. The filing from the U.S. market maker comes just days after hedge fund Elliott Associates filed a suit for…

‘Bitcoin-thematic’ ETF lists on Italian stock exchange Borsa Italiana

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The Italian Stock Exchange, Borsa Italiana, this morning listed a “Bitcoin (BTC)-thematic” exchange-traded fund (ETF) by Melanion Capital, bringing Bitcoin exposure to Italian institutions and retirement plans. Cyril Sabbagh, managing director at Melanion Capital told Cointelegraph, “the Melanion BTC Equities Universe UCITS ETF is an equity ETF around stocks in the crypto ecosystem.” Sabbagh explained that the ETF would be “accessible to as many people as possible.” “The Italian Stock Exchange (Borsa Italiana) has not accepted any ‘spot ETFs’ but welcomes our thematic ETF!” Following the successful launch of a…

Maiar decentralized crypto exchange goes offline after bug discovery

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The Maiar Exchange, a decentralized exchange (DEX) native to the Elrond blockchain, has been temporarily taken offline after an attacker utilized an exploit and made off with roughly $113 million worth of Elrond eGold (EGLD). Minutes before 12:00 am UTC on Monday, the co-founder and CEO of Elrond, Beniamin Mincu, tweeted that he and his team were “investigating a set of suspicious activities” on the Maiar decentralized cryptocurrency exchange. Soon after, the DEX was taken offline, with Mincu reporting that the issue had been identified and an “emergency fix” was being implemented. In…

Indonesian Exchange Pintu Raises $113M to Meet Country’s Crypto Boom

“Crypto adoption is happening everywhere, and Indonesia has proven itself to be one of the world’s most rapidly growing markets for crypto assets,” Pantera partner Paul Veradittakit said in the press release. ”Crypto is a global asset class, and Pintu has become Indonesia’s premier portal to gain access to crypto and invest alongside global peers.” Source

Biggest Ethereum Whales Load Up on One Exchange Token and Three Decentralized Finance Altcoins: On-Chain Data

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Ethereum’s richest bagholders are currently loading up on one exchange token, plus three other altcoins in the decentralized finance (DeFi) sector. According to data from blockchain tracking service WhaleStats, the top 100 Ethereum whales have their eye on WOO, the utility token that powers WOO Network, a decentralized exchange (DEX) that aims to provide deep liquidity and super-efficient order execution. At time of writing, WOO is the most purchased altcoin amongst Ethereum’s 100 biggest whales within the last 24 hours, excluding stablecoins. Behind WOO network, Ethereum’s biggest whales are accumulating…

Hoe kun je Bitcoin kopen met Coinbase PRO? | Uitleg voor beginners

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io De basics van Coinbase PRO om Bitcoin en andere crypto te handelen. Coinbase PRO heeft een meer geavanceerde user interface dan de reguliere Coinbase. Je gebruikt hetzelfde account en alles is met elkaar verbonden. Deze video is geen financieel advies, maar de mening van Dennis van Booma. URL van Coinbase PRO: Dit is mijn link om op Coinbase een account aan te maken en bonus te ontvangen: Verdien 50,- USD met het aanmaken van een Celsius account om rente te verdienen op…