Tag: Exchange

Moscow Exchange Posts Monthly Recovery in June FX Trading Demand

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Moscow Exchange (MOEX) has published the trading metrics on the platform for June 2022, reporting a significant dip. The total trading volume across markets came in at RUB 73.5 trillion, which is down by 6 percent from the previous month and almost 10 percent from the same month of the previous year. Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading, Fintech, Digital Assets, Blockchain, and Payments. Demand for forex instruments recovered month-over-month as the total trading volume came…

KuCoin CEO Debunks Rumor that the Exchange Has Only 300 Bitcoin, States On-Chain Tools Can’t Track Unlabeled Exchange Wallets

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Summary: KuCoin CEO, Johnny Lyu, has debunked another rumor that the exchange only has 300 Bitcoin in its wallets. According to Mr. Lyu, popular tracking tools cannot identify exchange addresses because many are not labeled. He was responding to another tweet that showed that KuCoin had over 16,000 Bitcoin in its wallets. KuCoin CEO, Johnny Lyu, has debunked another rumor that the crypto exchange has only 300 Bitcoin in its wallets. According to Mr. Lyu, the on-chain tracking tools currently available cannot rack all exchange wallets since they are not…

Singapore crypto exchange freezes withdrawals

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Crypto contagion claims another casualty. In a statement, Singapore-based crypto exchange Vauld has made the “difficult decision to suspend all withdrawals, trading and deposits on the Vauld platform with immediate effect.” In what appears to be a run on the crypto bank, the group intends to “apply to the Singapore courts for a moratorium,” as Vauld customers have tried to withdraw an “excess of a $197.7 million since 12 June 2022.” The decision to suspend withdrawals is a screeching U-turn. Reportedly, Vauld boasted $1 billion assets under management in May this year,…

Crypto Exchange Voyager Halts Trading, Deposits and Withdrawals, Citing Debt Failure From Three Arrows Capital

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Crypto exchange platform Voyager Digital is announcing a halt on all trades, deposits and withdrawals after one prominent borrower failed to repay its debt. Voyager CEO Stephen Ehrlich says that the crypto exchange had to stop trading activities due to the failure of an embattled digital asset hedge fund to pay back a “substantial” loan. “Today we made the difficult decision to temporarily suspend trading, deposits, withdrawals, and loyalty rewards. We have taken steps to avoid this outcome – including securing a credit facility from Alameda and lowering daily withdrawal…

SIX Swiss Exchange Reports Trading Turnover of CHF 97.8 Billion in June

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Yesterday, the SIX Swiss Exchange posted its trading metrics for June 2022. During the mentioned period, the platform witnessed a dip in trading turnover as the number reached CHF 97.8 billion, which is 10.7% lower compared to the prior month. Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading, Fintech, Digital Assets, Blockchain, and Payments. The total number of trades stood at 4,919,123, down by almost 10.6% compared to May 2022. According to the details published by the SIX…

Crypto Exchange Coincoinx to Launch Crypto to Fiat Payments App in Venezuela – Emerging Markets Bitcoin News

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Coincoinx, a cryptocurrency exchange, will reportedly launch a service that will allow users to skip trading crypto for fiat to make payments in Venezuela. The service, which is called Coinpago, will allow users to make payments in every store and retailer in the country that accepts Pagomovil, a banking service that allows seamless fiat transfers between banks in the country. Coincoinx to Ease Crypto Payments in Venezuela While cryptocurrency is slowly going mainstream, becoming more popular in many locations around the world, there are still many retailers and…

Coinbase Crypto Exchange Selling Transaction Tracing Data to U.S. Immigration and Customs Enforcement: Report

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Top US crypto exchange Coinbase is licensing software that aggregates information about blockchain transactions to a federal law enforcement agency. According to a new report by The Intercept, the Homeland Security Investigations wing of Immigration and Customs Enforcement (ICE) has purchased a software tool called Coinbase Tracer, available for both government and private sector clients. The original contract dates back to August of last year, but only recently did Jack Poulson of the Tech Inquiry watchdog organization gain access to the details through a Freedom of Information Act (FOIA) request.…

Swappi (PPI) Announces First Exchange Listing on BitMart

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July 1, 2022 – New York, New York PPI, the native token of Swappi, is now available for trading on global crypto exchange BitMart. Swappi, an AMM-based decentralized exchange (DEX) deployed on Conflux eSpace, today announced its first exchange listing on BitMart. Swappi’s native token PPI is now available for trading on BitMart, a leading crypto exchange with millions of users globally. As the first exchange to list Swappi, BitMart lets users trade the PPI/USDT pair. Swappi was the first DEX to launch on eSpace, an EVM-compatible smart contract execution environment…