Tag: Exchange

Revolut to Introduce Crypto Exchange Targeting ‘Advanced Traders’

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish group, owner of Bullish, a regulated, institutional digital assets exchange. Bullish group is majority owned by Block.one; both groups have interests in a variety of…

Sushi Partners With Layer N to Launch High-Speed Derivatives Exchange

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Sushi, the multi-chain decentralized exchange (dex), plans to launch a new high-speed derivatives exchange called Susa using Layer N’s scaling technology, Sushi revealed on Tuesday. The partnership aims to rival centralized exchanges by processing over 100,000 transactions per second with milliseconds of latency. Susa’s Debut on Layer N Promises New Era for Dex Platforms Sushi […] Source

Watch Out for This Popular Crypto Exchange Clone

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Life is not easy when you are one of the largest cryptocurrency exchanges by volume and number of clients. On the one hand, you deal with regulators in different parts of the world, and on the other, with scammers who try to impersonate your brand. Coinbase is well aware of this and has again fallen victim to a clone company with the catchy name Coinbaseie. etoro: Experience a reliable, user-friendly platform trusted by millions. Stay ahead in the crypto world. Board the Crypto Train now! The UK financial regulator FCA…

Worldwide Digital Asset-Based Exchange Traded Products AUM Rose 5% in Jan. as BTC Spot ETFs Approved – Blockchain News, Opinion, TV and Jobs

Please see below the most recent research on crypto ETPs from publicly listed digital asset and fintech investment business Fineqia (CSE:FNQ). Fineqia International, a leading digital asset and fintech investment business, announces that its analysis of global Exchange-Traded Products (ETPs) with digital assets as underlying collateral, revealed a 5% growth in total crypto Assets Under Management (AUM) in January, to $52.0 billion from $49.5 billion. During the same month, the market value of crypto assets decreased 2.7%, to about $1.73 trillion from $1.77 trillion. The difference between the growth in AUM of crypto ETPs and the…

US-Based Crypto Exchange Cracks Into Europe’s Fifth-Largest Economy With VASP Registration

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A prominent US-based crypto exchange platform is venturing into Europe’s fifth-largest economy after acquiring the proper registration. In a new press release, crypto trading platform Kraken announced that it has obtained VASP (Virtual Asset Service Provider) registration from the Dutch Central Bank (DCB), allowing it to expand its services into the Netherlands. VASP licenses give crypto firms clear guidelines on how to operate digital asset services within the European Union (EU). As stated by Brian Gahan, the managing editor of Kraken’s European branch, in the press release, “With the addition of…

Crypto Exchange CEO Sentenced to Seven Years in Prison for Swindling Millions From Customers: Report

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South Korean authorities have reportedly convicted two top executives of the crypto exchange Bitsonic. According to local news agency Newsis, the Seoul Eastern District Court sentenced Bitsonic CEO Jinwook Shin to seven years in prison during his first trial on charges that accused him of defrauding users of the exchange. Shin is said to have manipulated the price of Bitsonic’s native token from January 2019 to May 2021 and set up a paper company to inflate the sales and operating profit of the platform. The report says the exchange recruited…

Nischal Shetty of WazirX and Avinash Shekhar from ZebPay Unveil India’s Pioneering Crypto Perpetual Futures Exchange Pi42

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Seasoned cryptocurrency professionals Nischal Shetty and Avinash Shekhar have unveiled Pi42, the nation’s pioneering Crypto-INR Perpetual Futures Exchange. The launch of Pi42 marks a milestone in the Indian crypto landscape, offering a compliant platform with a focus on growth and accessibility. Despite India being one of the largest crypto markets globally, local investors have faced limited opportunities in crypto derivatives trading. Pi42 aims to bridge this gap by providing Indian investors with a comprehensive solution that encompasses a diverse range of derivatives while ensuring compliance, tax efficiency, and user convenience.…

Monero Plummets Following Major Crypto Exchange Delisting

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On February 6, Monero (XMR), a privacy and security-focused token, saw its price drop after Binance, one of the largest crypto exchanges, announced its delisting in the following weeks alongside another three tokens. Monero (XMR) To Be Delisted This Month Binance recently announced the delisting and cease of all trading activity of Aragon (ANT), Multichain (MULTI), Vai (VAI), and Monero (XMR) starting on February 20, 2024, at 03:00 (UTC). The decision came after Binance’s most recent review, which determined that the platform could no longer support the tokens. Following the review…

About $1,220,000,000 in Ethereum (ETH) Has Exited Known Crypto Exchange Wallets in Just Three Weeks: Analyst

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Cryptocurrency analyst and trader Ali Martinez says hundreds of thousands of Ethereum (ETH) are leaving crypto exchanges as holders accumulate the native asset of the leading smart contract protocol. Martinez tells his 43,400 followers on the social media platform X that Ethereum potentially is facing a decline in selling pressure after the crypto asset recorded significant outflows from exchanges in less than a month. “In the past three weeks, nearly 510,000 ETH have been withdrawn from known crypto exchange wallets, totaling a value of approximately $1.22 billion! This significant outflow…

Germany’s BaFin Greenlights Crypto Carbon Credits Exchange Created by Neutral and DLT FInance

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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish group, owner of Bullish, a regulated, institutional digital assets exchange. Bullish group is majority owned by Block.one; both groups have interests in a variety of…