Tag: Exchange

Premia Blue, the Future-Proof DeFi Options Exchange, Is Now Live on Arbitrum

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September 13, 2023 – Road Town, British Virgin Islands Premia Blue, the first-of-its-kind DeFi options exchange, is now live on Arbitrum. Designed for traders and liquidity providers across all experience levels, Premia Blue offers unparalleled capital efficiency, user functionality and composability in the DeFi space. Traders are now open to fully customizable European-style crypto options with market-driven pricing and dual trading modes – AMM and Orderbook. It’s the only options platform in DeFi where products are composable no matter the preferred trading method. Premia Blue opens the world to traders…

Coinbase’s (COIN) Brian Armstrong Confirms Crypto Exchange Will Support Lightning, Which Speeds Up Bitcoin (BTC) Payments

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“Bitcoin is the world’s digital monetary system, and Lightning is Bitcoin’s payments layer,” Cathie Wood, the head of Coinbase’s second-biggest shareholder, ARK Invest, wrote on X in response to Armstrong’s post Wednesday. “Coinbase’s integration with Lightning will give its 100 million users an on-ramp to faster and cheaper bitcoin transactions. Hats off to Coinbase!” Source

Crypto Derivatives Exchange BitMEX’s Prediction Market is Now Live

BitMEX’s prediction market, which its calling its newest derivative product, is going for the former rather than the latter, launching with offerings of prediction contracts on the percentage recovery rate of FTX’s bankruptcy claims, the chance of an approval of a Bitcoin Exchange Traded Fund on or before October 17, and the chances of Sam Bankman-Fried ending up in jail. Source

Binance.US CEO Has Left, Crypto Exchange Cuts 1/3 of Workforce

“The actions we are taking today provide Binance.US with more than seven years of financial runway and enable us to continue to serve our customers while we operate as a crypto-only exchange,” the company said in a statement. “The SEC’s aggressive attempts to cripple our industry and the resulting impacts on our business have real world consequences for American jobs and innovation, and this is an unfortunate example of that.” Source

Bullish and Tribe Capital Among Suitors Vying for Bankrupt FTX Exchange

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FTX Group, which sought bankruptcy protection in November, is actively engaging in due diligence and sharing information with various parties to explore the possibility of an “acquisition, merger, recapitalization, or other transaction” to reestablish the company, It said in a presentation submitted to a Delaware court. In addition to Bullish, Tribe Capital has also submitted its bid. Notably, Tribe Capital was part of FTX’s venture portfolio before the exchange’s collapse and subsequent bankruptcy at the close of last year, media reports said. According to details presented in court, the exchange’s…

CoinEx exchange suspected of being hacked as $27M worth of crypto moved

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On Sept. 12, crypto exchange CoinEx experienced abnormally large outflows to an address with no prior history, leading security experts to suspect the exchange was hacked. Blockchain security platform Cyvers Alerts has estimated the losses to be approximately $27 million. Red CodeOur AI-powered model detected suspicious transactions related to @coinexcom 2 hours ago The potentially stolen funds amount to $18.12M #Eth $8.5M #Tron and $291K in #Polygon Possible causes: access control violations, private key leakage, rug pulling, insider job https://t.co/Wzw84azM9M pic.twitter.com/2bqHmE18Sr — Cyvers Alerts (@CyversAlerts) September 12, 2023 At approximately…

Crypto Exchange CoinEX Reportedly Hit By Massive Hack, Losses Exceed $27 Million

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In a concerning development, popular crypto exchange CoinEx is believed to have fallen victim to a suspected hack, resulting in significant losses from its Ethereum (ETH), TRON (TRX), and Polygon (MATIC) hot wallets. The incident, which unfolded on Tuesday, has sparked an ongoing investigation into the security breach. Alarming Depletion Of CoinEx ETH Reserves According to reports by Colin Wu, a prominent cryptocurrency journalist, CoinEx reportedly lost a staggering 4,946 ETH and 354,762 TRX as part of the ongoing drain from the exchange’s wallets.  The total value of the funds lost…

Coinbase (COIN) Exchange Still Inactive in India, While Wallet and Tech Hub Remains Active

“We stopped allowing new user sign-ups on our exchange product in India back in June of this year,” a Coinbase spokesperson told CoinDesk. “We maintain a robust tech hub in the country and offer live products, including our Coinbase Wallet. We are committed to India over the long term and continue to explore ways to strengthen our presence in this important market.” Source