Tag: Exchange

Crypto Exchange Coinbase Adds Support for Altcoin Built on Ethereum (ETH) As Markets Pause

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An interoperability protocol focused on ease of use just joined the leading US-based crypto exchangeโ€™s trading roster. In a new post, Coinbase says that Celer Network (CELR) is now live across its entire platform, including on the iOS and Android apps. The Celer Network scaling platform was built on Ethereum (ETH) and is designed to enable off-chain transactions in a secure manner. The project aims to be a โ€œmulti-blockchain operating systemโ€ that offers a one-click user experience for a variety of niches, including decentralized finance (DeFi), non-fungible tokens (NFTs), gaming,…

Run-To-Earn Game STEPN Teams Up With Atlรฉtico de Madrid and Crypto Exchange WhaleFin for NFT Sneaker Collection

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โ€œThrough such prestigious collaborations, we are creating win-win partnerships for partner brands and also the users through real-world rewards and perks,โ€ Chief Marketing Officer Shiti Ragosti told CoinDesk. โ€œSTEPN also realizes its mission of taking the world of Web3 to wider sporting communities through these collaborations and partnerships onboarding more users.โ€ Source

Korean financial watchdog to block tens of unregistered exchange websites

Unregistered cryptocurrency exchanges operating in South Korea could see their services grind to a halt as the Korea Financial Intelligence Unit (FIU) takes action against 16 foreign-based firms. The FIU has notified its investigative authority that 16 virtual asset service providers have been carrying out business without the necessary registrations. Major exchanges, including the likes of KuCoin, Poloniex and Phemex, were listed alongside 13 other exchanges that are set to be hamstrung by the FIU. All 16 exchanges have purportedly engaged in business activities targeting domestic consumers by offering Korean-language…

Crypto Exchange Gemini Introduces Staking Support for US Investors

โ€œIt’s now more clear than ever that people are interested in staking, especially now that we’re on the cusp of the Ethereum Merge,โ€ Amjadi told CoinDesk. โ€œWith Ethereum being a staking option for them on Gemini soon and after the Merge, and with there being more liquidity and higher yields, staking is becoming more and more appealing for people.โ€ Source

Coinbase Executive Explains Why the US-Based Crypto Exchange Will Beat Out Competition Like Binance, FTX

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Coinbase chief product officer Surojit Chatterjee says heโ€™s confident his exchange can beat out its top competitors. In a new interview on the Unchained Podcast, Chatterjee says competition is good for the crypto space and spurs innovation. โ€œIn terms of why we think we are in a good place, I think, first, our focus on trust. That we want to be the most trusted option for customers, period. And that comes from our investment in security, preventing hacks, compliance, and this is a lot of investment for many years. You…

Nasdaq-Listed Eqonex Closing Crypto Exchange Due to High Competition, Fallen Volumes โ€“ Exchanges Bitcoin News

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The Nasdaq-listed firm Eqonex is closing its cryptocurrency exchange business. The company cited high competition among crypto trading platforms and fallen volumes as key reasons for shutting down its exchange. Eqonex Closing Crypto Exchange Eqonex Ltd. (Nasdaq: EQOS), a digital asset financial services company, announced the closing of its spot and derivatives cryptocurrency exchange Monday. The announcement states: The company will proactively exit the crowded crypto exchange space by closing the exchange. The Eqonex exchange will close for trading on Aug. 22 at 8 a.m. (UCT) and for withdrawals on…

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