Tokenized trading project Neutral and DLT Finance, a German brokerage firm, have built a blockchain-backed platform for carbon credits, or financial instruments that represent forests and renewable energy products that businesses can use to offset their carbon footprint. Source
LMAX Exchange, which allows institutions to trade foreign exchange, announced today (Tuesday) its connection with 4OTC’s Libre Liquidity Bridge service, which will enable liquidity providers to stream FX liquidity on the exchange “with ultra-low latency.” 4OTC offers connectivity services for both digital assets and forex. Its Libre service provides co-located connectivity to multiple liquidity providers and venues trading digital assets and forex. To LMAX Exchange, Libre will offer connectivity to London (LD4), New York (NY4), Singapore (SG1), and Tokyo (TY3). Further, it will enable the exchange to streamline connectivity management…
The crypto exchange created by the founders of the now-defunct hedge fund Three Arrows Capital (3AC) is closing down just a year after its launch. In an email shared by users on the social media platform X, Open Exchange (OPNX) says it will officially cease operations and shut down in February. OPNX says users should settle their positions before February 7th as well as download their historical data and withdraw their funds by February 14th. The platform says open positions will be automatically settled after February 7th and the withdrawal…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The United States Securities Exchange Commission’s (SEC) eleven Bitcoin ETF approvals, which took over a decade of efforts by fund managers to accomplish, have institutionalized Bitcoin, allowing digital assets to seep into investors’ portfolios in the US forever. With the two largest digital asset exchanges—Coinbase and Binance—still battling in court with the SEC, digital asset investors should beware that to protect investors, federal agencies SEC, Commodity Futures…
A Solana (SOL)-based altcoin rallied by more than 42% this week amid news that Binance is adding spot trading support for the digital asset. Pyth Network (PYTH) is an oracle network that aims to provide real-time financial data to smart contracts and decentralized applications (DApps). This week, the project’s native token PYTH soared to a seven-day high of $0.539 from a weekly low of $0.378, an increase of 42.59%. The 96th-ranked crypto asset by market cap has retraced from its recent high and is trading at $0.461 at time of…
Users of top US crypto exchange Coinbase can now buy, sell and hold the new token of the layer-1 blockchain and smart contract platform ZetaChain (ZETA). Coinbase says it is rolling out support for the altcoin, which launched on February 1st, with the experimental asset label. The exchange gives this mark to tokens that pose certain risks such as price swings and canceled orders because of lower trading volume and availability. ZetaChain is a proof-of-stake blockchain designed to seamlessly enable different blockchain networks to communicate and interact with each other.…
The world’s largest crypto exchange platform by volume is reportedly being sued in New York by the victims of the October 7th Hamas attack on Israel. According to a new report by ABC News, Binance is being sued by the families of the victims for allegedly providing the terrorist group with a funding mechanism. The lawsuit, which was filed earlier this week by an American woman freed from Gaza and the families of two men killed during the October 7th attack, accuses Binance of processing numerous transactions for Hamas between…
The U.S. Department of Justice has published an indictment in the case of the Russian-rooted crypto exchange BTC-e. According to the official statement, the main defendant is Belarusian Aliaksandr Klimenka, who managed the collapse of the cryptocurrency exchange from 2011 to July 2017, together with Russian Alexander Vinnik. Klimenka is charged with “conspiracy to launder money” and “running a business providing financial services without a license.” The estimated volume of laundered funds is estimated at $4 billion. Klimenka, as the American justice believes, conducted “extensive business” in the United States…
One and a half trillion dollars. That is the staggering estimated value of the global crypto market (2023). Of course, with this soaring figure, also comes volatility. The crypto world is no stranger to turbulent times, with the industry still finding its feet under the backdrop of colossal growth and constantly evolving regulations. Increased scrutiny, high-profile media cases, and rife competition has seen the fall of big names, not to mention the rollercoaster for stigma and investor trust. Despite this, cryptocurrencies have yet again bounced back. With grandmasters of the…
OPNX, a hybrid platform for trading bankruptcy claims and cryptocurrencies, has confirmed the closure of all its operations by February 14. The platform was launched by failed hedge fund Three Arrows Capital (3AC) co-founders last year. etoro: Experience a reliable, user-friendly platform trusted by millions. Stay ahead in the crypto world. Board the Crypto Train now! According to a CoinTelegraph report, the exchange emailed its customers, notifying them of the upcoming shutdown. It asked the customers to close all open positions by February 7 and withdraw the funds by February…