Tag: Exchange

XDC Trading Is Now Available on the Kinesis Exchange

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August 31, 2022 – London, United Kingdom Kinesis, the world’s leading gold and silver based monetary system, has listed the XDC coin on the Kinesis Exchange. XDC will be tradeable against eight fiat pairs, including USD, GBP and EUR, alongside Kinesis’ native gold and silver based stable coins, KAU and KAG. Users can instantly trade their XDC against physical gold or silver on the exchange to start earning a yield on their assets through Kinesis’ array of yield products. XDC will be spendable on the Kinesis virtual card alongside the…

Busan City announces FTX partnership to build local exchange

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South Korea’s second-largest city Busan has announced a partnership with crypto trading platform FTX to build a local crypto exchange and foster blockchain development. Sam Bankman-Fried’s FTX will assist in creating the Busan Digital Asset Exchange as per an official statement from the Busan Metropolitan City on Aug. 30. The Bahamian-based firm will also support the city in fostering the growth of the local blockchain industry. Busan City will make use of FTX’s technology and infrastructure to establish its own cryptocurrency exchange. FTX is also set to be involved in promoting…

Fugitive Founder of Turkish Crypto Exchange Thodex Arrested in Albania – Bitcoin News

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Albanian authorities have detained the founder and chief executive of the Turkish cryptocurrency exchange Thodex, who allegedly fled Turkey with customer funds as the trading platform collapsed. Faruk Fatih Ozer was wanted for fraud with a red notice issued by Interpol. Albania Captures Alleged Crypto Fraudster, Prepares to Hand Him Over to Turkish Judiciary Police in Albania arrested 27-year-old Turkish businessman Faruk Fatih Ozer who founded and operated the now-defunct crypto exchange Thodex. Albanian law enforcement has been trying to locate him since he reportedly fled to the country with…

Indonesian e-commerce giant buys local crypto exchange for $8 million

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Indonesian tech company PT GoTo Gojek Tokopedia Tbk (GoTo) bought PT Kripto Maksima Koin, a local crypto exchange, in a bid to diversify its assets. The deal makes a landmark in the merging of mainstream and crypto in the fourth most populated country in the world.  As reported by Reuters, the sum of the acquisition of 100% shares by the country’s “biggest tech firm” came to 124.84 billion rupiahs ($8.38 million). The deal was finalized on Aug. 25, according to Indonesian media. GoTo didn’t reveal any specific plans for PT Kripto…

Wanted Turkish crypto exchange founder detained in Albania

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The saga of the defunct Turkish crypto exchange, Thodex, continues as its fugitive founder is now in custody in Albania. Local law enforcement detained Faruk Fatih Özer in an operation carried out at 05:30 AM (UTC) on Tuesday, Aug. 30, in the country’s capital city Tirana. According to a report by Cointelegraph Turkey, Özer is currently held in custody. After initial questioning, the Turkish embassy in Tirana will be informed by local authorities. Both the Turkish Ministry of Internal Affairs and the Albanian government are working together on the case. Özer…