Tag: Exchange

NFT Marketplace Altcoin Blur Leaps After Listing on Top Crypto Exchange by Trading Volume Binance

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A non-fungible token (NFT) marketplace is surging after being listed by the largest crypto exchange platform by volume in the world. In a new announcement, crypto exchange Binance says it is listing BLUR, the governance token of Altcoin Blur, a decentralized NFT marketplace that offers real-time price streams and comparisons. According to Binance, BLUR will at first be available in the BLUR/BTC, BLUR/USDT and BLUR/TRY trading pairs. The announcement caused BLUR’s price to skyrocket, as the digital asset went from a seven-day low of $0.303 on November 20th to a…

Dutch exchange Bitvavo cleared to operate in France

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Netherlands-based cryptocurrency exchange Bitvavo is set to expand its services to French users after successfully registering as a digital asset service provider with France’s Autorité des Marchés Financiers (AMF). The expansion into France comes just weeks after Bitvavo secured regulatory approval to offer its services in Austria. The exchange expanded its offering to Italy in 2022 and has filed registration applications for other major European markets.  “Securing registration with the French AMF marks a pivotal moment for us. We are excited about bringing our consumer-focused offering to the French market,”…

‘Strap yourselves in’ — Bull market coming early 2024, say crypto exchange heads

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The market has already entered the first phase of a major rally, with the number of people buying crypto trickling upward which is expected to accelerate early next year, say the heads of Australia’s largest crypto exchanges. Independent Reserve CEO Adrian Przelozny told Cointelegraph he expects market activity to see an uptick in early 2024 and is hiring to build infrastructure before that happens. “We’re just doing everything we can to get ready for a bull market because we know that when the bull market comes, it happens very fast,”…

Bankrupt Crypto Exchange FTX Transfers $36,000,000 Worth of Altcoins to Exchanges: On-Chain Data

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On-chain data indicates that bankrupt crypto exchange FTX suddenly moved $36 million worth of altcoins to leading exchanges. According to on-chain analytics firm Lookonchain, FTX transferred massive amounts of Polygon (MATIC) and Avalanche (AVAX) to top crypto exchanges Coinbase and Binance. “In the past 24 hours, FTX transferred a total of ~$36 million in assets to exchanges. Deposited 12.6 million MATIC ($9.4 million) to Coinbase. Deposited 10 million MATIC ($7.45 million) to Binance via FalconX. Deposited 975,859 AVAX ($19.25 million) to Binance via FalconX.” Polygon is trading for $0.78 at…

Crypto Exchange Binance’s BTC Reserves Drop as Retail Flow Moves to Coinbase (COIN): CryptoQuant

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Crypto Exchange Bittrex Global Announces Plans To Cease Operations and Wind Down Trading

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Embattled crypto exchange Bittrex Global has decided to wind down operations after its US-based arm filed for bankruptcy amid a slew of regulatory challenges earlier this year. The foreign exchange will disable all trading activity on December 4th. No concrete withdrawal deadline has been established, but Bittrex Global recommends customers pull out their assets as soon as possible because a “withdrawal deadline may be set by the liquidators at some point in the future.” The exchange also notes that customers cannot directly withdraw US dollar holdings and will need to…

HTX exchange loses $13.6M in hot wallet hack: Report

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HTX, formerly Huobi Global, suffered an estimated loss of $13.6 million as part of the $86.6 million HECO Chain bridge exploit on Nov. 22.  According to a report by blockchain security firm Cyvers, the losses stem from three compromised hot wallets with users and exchange assets swapped for Ether and distributed to various Ethereum addresses thereafter. Among other coins and tokens, Cyvers says that 1,240 Ether (ETH), 7.3 million Tether (USDT), 1.78 million USD Coin (USDC), and 62,200 Chainlink (LINK) were drained during the attack.  Justin Sun, de-facto owner of HTX and founder of…

Crypto Exchange HTX and Heco Bridge Hacked Again for $110M

The crypto exchange HTX (previously known as Huobi) and the HECO chain are said to be hacked. The crypto exchange HTX (previously known as Huobi) and the HECO chain are said to be hacked. Though the information hasn’t been officially confirmed, possible losses may have reached over  $110 million. We are detecting multiple suspicious transactions on @HTX_Global hot wallets and on @HECO_Chain bridge that were probably executed by the same entity, total value of $100M. https://t.co/Q5pOfdRTcz — Meir Dolev (@Meir_Dv) November 22, 2023 It’s not the first time when HTX…