Tag: Exchange

DMM Bitcoin Exchange Hit by $305M Hack

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Japanese cryptocurrency exchange DMM Bitcoin has disclosed a significant breach resulting in the loss of 4,502.9 BTC, equivalent to $305 million, to hackers. The stolen funds were reportedly divided into 10 wallets, with each holding batches of 500 BTC, according to data provided by security firm Blocksec. In response to the breach, DMM Bitcoin has assured customers that it will cover the full amount lost by procuring an equivalent sum of BTC with the support of its group companies. Additionally, the exchange has implemented measures to prevent further unauthorized outflows…

Japanese Crypto Exchange DMM Bitcoin Suffers $305M Hack

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Coinbase-Backed Altcoin Skyrockets Nearly 100% After Earning Listing From Korean Exchange Upbit

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South Korean crypto exchange Upbit has announced the new listing of a low-cap altcoin, triggering explosive price action. In a new announcement on May 29, Upbit says they’re listing Bounce (AUCTION), a crypto project focused on blockchain-based auction technology. The project, created by Bounce.Finance, is a decentralized auction platform that allows for the swapping of tokens in a competitive environment with a limited supply of tokens. Bounce is backed by several large players in the space, including Pantera, Coinbase Ventures and Blockchain Capital. Following the announcement from Upbit, AUCTION exploded…

New York Stock Exchange announces collaboration for Bitcoin options tracking

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The New York Stock Exchange (NYSE) will collaborate with CoinDesk Market Indexes to launch products that track Bitcoin prices.  This collaboration will be a cash-settled index that will open up new avenues for options trading against Bitcoin. This collaboration will benefit traditional traders and investors using the CoinDesk Bitcoin Price Index (XBX), the longest-operating spot Bitcoin (BTC) index. “As traditional institutions and everyday investors are demonstrating their wide-ranging enthusiasm for the recent approval of spot bitcoin ETFs, the New York Stock Exchange is excited to announce its collaboration with CoinDesk…

Winklevoss’ crypto exchange Gemini returns $2.2 billion to users

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Tyler Winklevoss and Cameron Winklevoss (L-R), creators of crypto exchange Gemini Trust Co. on stage at the Bitcoin 2021 Convention, a crypto-currency conference held at the Mana Convention Center in Wynwood on June 04, 2021 in Miami, Florida. Joe Raedle | Getty Images Customers with funds locked up in crypto exchange Gemini’s defunct crypto lending program are finally going to start getting their money back. The company, which is owned by tech billionaire twins Cameron and Tyler Winklevoss, announced Wednesday that it will return $2.18 billion of their digital assets…

Ouinex Taps Netdania for Enhancing Upcoming Crypto Exchange Interface

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Ouinex, a blockchain firm led by FX industry veteran Ilies Larbi, announced today (Wednesday) its partnership with United Fintech-backed Netdania to launch a cryptocurrency trading platform. Enhancing Crypto Exchange’s Capability According to the press release shared with Finance Magnates, Netdania will provide the interface for the cryptocurrency exchange, while Ouinex will strengthen it with its backend technology. “Our partnership with Netdania reflects Ouinex’s dedication to innovating secure trading solutions in the cryptocurrency sector,” Larbi, Co-founder and CEO of Ouinex, said. “The platform will transform expectations regarding functionality and security in…

UK’s First Spot Bitcoin and Ethereum ETPs Begin Trading on the London Stock Exchange

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The sixth-largest stock exchange in the world has officially begun trading Bitcoin (BTC) and Ethereum (ETH) exchange-traded notes (ETNs). According to the London Stock Exchange (LSE), today marks the launch of ETH and BTC ETN trading. “We are pleased to announce the launch of Crypto ETNs on the London Stock Exchange, effective 28 May 2024, welcoming products from WisdomTreeEU and 21Shares.” ETNs are a type of exchange-traded product (ETP) and are distinct from exchange-traded funds (ETFs) in that ETNs are debt-carrying vehicles tracking an index, and not backed by underlying…

Artdollar (AD) Is Now Available for Trading on LBank Exchange

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PRESS RELEASE. Road Town, BVI, May 28, 2024 – In a significant move for cryptocurrency and mobile technology enthusiasts, LBank Exchange, a premier global digital asset trading platform, has announced the listing of Artdollar (AD) on May 28, 2024. Users of LBank Exchange can brace themselves for the AD/USDT trading pair, which went live already. […] Source

Crypto Exchange Coinbase Adds Bitcoin Ecosystem Altcoin to Its Listing Roadmap

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Coinbase, the largest crypto exchange in the US, has announced the potential future listing of an altcoin within the Bitcoin (BTC) scaling ecosystem. The exchange announced that Core (CORE) is now on its listing roadmap, meaning the exchange will possibly list it for trading in the future. Core is designed to be a hyper-scalable complimentary smart contract platform to Bitcoin. Core’s ecosystem consists of several major components, including its Satoshi Plus consensus mechanism, its non-custodial staking and its native version of wrapped Bitcoin. CORE currently has a market cap of $1.96…