Tag: Exchange

Crypto Exchange Bitzlato “Temporarily” Halts Withdrawals

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Troubled crypto exchange Bitzlato has suspended withdrawals and technical support to its customers, calling it a “temporary measure.” The suspension came weeks after the co-founder and former CEO of the exchange, Anatoly Legkodymov, pled guilty and agreed to dissolve the crypto exchange. “At the moment, we are faced with the need to suspend special balance withdrawals and technical support. This is a temporary measure to prepare for and go through the upcoming court hearings regarding the seizure of user assets in France. We are determined and optimistic about this issue,”…

Crypto Exchange Yellow Card Predicts Usage ‘Surge’ After Nigeria Lifts Ban on Bank Accounts for Crypto Firms

“With the new policy fostering a regulated environment, Yellow Card anticipates a surge in user adoption and engagement in the coming months,” Lasbery Oludimu, the company’s chief data protection officer, told local news outlet Nairametrics on Wednesday. “The clarity provided by the regulatory framework instills trust and confidence among users, attracting more individuals and businesses into the crypto space.” Source

Mt. Gox Crypto Exchange Appears to Have Started PayPal Repayments Tied to 2014 BTC Hack

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…

Solana Surges Nearly 83% in a Week As SOL’s Decentralized Exchange Volumes Now Rank Second After Ethereum’s

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New data from decentralized finance (DeFi) tracker DeFiLlama reveals that surging altcoin Solana (SOL) is now the top traded digital asset on decentralized exchanges (DEXs) behind Ethereum (ETH). Solana’s trading DEX volume has soared by more than 25% in the past week for a total of $5.6 billion, catapulting it into the second highest traded digital asset on DEXs, according to DeFiLlama. On December 13th, Solana ranked just fourth by DEX trading volume. Ethereum is the top traded DEX asset with $8.89 billion in trading volume in the past week. Source:…

Yellow Card Crypto Exchange pursues licensing in Nigeria

Following the Central Bank of Nigeria’s reversal of the cryptocurrency transaction ban for banks, Yellow Card Exchange, a Pan-African crypto trading platform, is actively seeking licensing in the nation. Yellow Card to expand operations in Nigeria  Yellow Card Exchange, driven by its mission to dominate the African market, is actively exploring strategies to capitalize on the first-mover advantage through the pursuit of licensing. While being a key player in Africa, delivering experiences akin to Jack Dorsey’s Cash App, Yellow Card has faced limitations in Nigeria due to regulatory uncertainties. This…

Solana Decentralized Exchange Altcoin Skyrockets More Than 95% This Week Amid Roaring Network Growth

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The native token for a decentralized exchange (DEX) built on Solana (SOL) has skyrocketed by more than 95% this week amid roaring network growth. Raydium (RAY) is an on-chain order book automated market maker (AMM). The project’s native token, RAY, is trading at $1.72 at time of writing, up from around $0.88 one week ago. The 144th-ranked crypto asset by market cap is also up nearly 16% in the past 24 hours and more than 1,140% since the start of 2023. RAY’s recent gains have materialized as the Raydium protocol…

XRP Whales Show Exchange Inflow Activity, Bad Sign For Price?

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On-chain data shows that XRP whales have been making exchange inflows in the past day, a sign that may be negative for the asset’s price. XRP Whales Have Made Multiple Large Exchange Inflows Today According to data from the cryptocurrency transaction tracker service Whale Alert, the XRP network has handled a few large transactions during the last 24 hours. In total, there have been four such transfers, each worth at least $10.9 million. Given the huge scale of these moves, it’s likely that whale entities were responsible for them. The…

Hong Kong’s HashKey Exchange restricts large third-party deposits except from Binance

Hong Kong’s HashKey Exchange says crypto deposits greater than $1,024 will only be allowed from Binance. In a blog announcement on Dec. 21, HashKey Exchange said it wants to meet regulatory requirements introduced by the Hong Kong Securities and Futures Commission (SFC), which is why the exchange will not accept crypto deposits from third-party exchanges except Binance. Those users who send more than 8,000HKD (around $1,024) would have to adhere to regulatory Travel Rule guidelines. “Currently, HashKey Exchange only accepts a single digital asset deposit of equal amounts greater than…

Rebel Satoshi set for exchange listing, surpassing PEPE and XRP in presale

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Rebel Satoshi (RBLZ) progresses into the Warriors Round 2 of its presale Experts believe XRP could rise to $1.150 in the next three months. PEPE bulls expect the token to reach $0.00000350.  XRP has failed to break above the $0.645 barrier, but analysts remain hopeful. Meanwhile, due to BONK’s recent surge, PEPE has lost its position as the third-largest meme coin by market capitalization. As XRP and PEPE strive for…

Ethereum Exchange Balances Drop Drastically, What This Means For ETH Price

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Ethereum is currently ranging around $2,200, with its price undergoing a calm volatility in the past 7 days. New data from Santiment has revealed the current sentiment among Ethereum whale addresses, as the total supply on exchanges recently hit a new low. According to the on-chain analytics platform, more than 240,000 ETH have left 10 of the biggest ETH exchange wallets in the past 24 hours.  As a result, the cumulative number of ETH deposited across crypto exchanges dropped from 8.03 million ETH to 7.79 million ETH in a single…