According to someone with direct knowledge of the situation, speaking with Bloomberg, Arkham Intelligence, the company behind the multi-blockchain monitoring and parser tool, is gearing up to introduce a crypto derivatives exchange next month. Arkham Is Reportedly Preparing to Launch a Crypto Derivatives Trading Platform This week, Anna Irrera of Bloomberg revealed that Arkham Intelligence, […] Source
A network security firm is warning that criminals have developed an artificial intelligence (AI) tool that targets crypto exchange platforms. In a new report, Cato Networks says bad actors are selling a deepfake tool in underground markets that allows users to bypass a crypto exchange’s identity authentication tests. According to the firm, users rely on the tool not to hack into existing accounts but to create fake ones for money laundering purposes. “Creating verified but synthetic accounts enables money laundering operations, mule accounts, and other forms of fraud. According to…
Cryptocurrency spot and derivatives exchange OKX is rolling out new trading pairs for the dollar-pegged USDC, the second-largest stablecoin by market cap. In a statement, the Seychelles-based exchange says it is going to introduce six new spot trading pairs for USDC on Monday. “To support the growth of the USDC ecosystem and meet our users’ diverse trading needs, OKX is introducing the following USDC trading pairs in our spot trading between 9:00 am and 9:30 am UTC on October 14, 2024: AEVO-USDC, ATH-USDC, CATI-USDC, ETHFI-USDC, JUP-USDC, ZETA-USDC.” OKX is bolstering…
Bitcoin (BTC) surged by more than 6% on Friday amid news that the bankrupt crypto exchange Mt. Gox will extend the deadline on its remaining creditor repayments. Mt. Gox started paying back its creditors in July and has “largely completed the Base Repayment, Early Lump-Sum Repayment, and Intermediate Repayment” in the months since, according to a statement published on the bankrupt exchange’s website. “However, many rehabilitation creditors still have not received their repayments because they have not completed the necessary procedures for receiving repayments. Additionally, a considerable number of rehabilitation…
SINGAPORE, Oct. 11, 2024 /PRNewswire/ — Since its official launch in 2021, Fairdesk Cryptocurrency Exchange has been committed to providing high-quality trading services to a global community of traders. Over the past few years, Fairdesk Cryptocurrency Exchange has played a positive role in enabling seamless cryptocurrency trades and futures transactions. However, due to evolving market conditions and regulatory changes, the company has made the difficult decision to permanently close its operations on November 30, 2024. As part of this process, all futures and spot trading positions on the platform will be…
SINGAPORE, Oct. 11, 2024 /PRNewswire/ — Since its official launch in 2024, Jumpex Cryptocurrency Exchange has been committed to providing high-quality trading services to a global community of traders. Over the past few months, Jumpex Cryptocurrency Exchange has played a positive role in enabling seamless cryptocurrency trades and futures transactions. However, due to evolving market conditions and regulatory changes, the company has made the difficult decision to permanently close its operations on November 30, 2024. As part of this process, all futures and spot trading positions on the platform will be closed…
Arkham Intelligence, a blockchain data firm, plans to launch a cryptocurrency derivatives exchange next month, according to reporting from Bloomberg. Backed by investors like OpenAI founder Sam Altman, the startup is relocating its operations from London and New York to Punta Cana in the Dominican Republic. The company aims to serve retail investors but will not open the platform to U.S. customers. Arkham, founded in 2020, specializes in analyzing blockchain data to reveal information about the entities and individuals behind cryptocurrency transactions. The decision to launch a derivatives exchange comes…
Crypto analytics platform Arkham Intelligence is reportedly planning to launch its own derivatives exchange next month as a means of competing with crypto exchange giant Binance. According to a new report by Bloomberg, an anonymous person familiar with the matter says that the market intelligence firm plans to launch the options exchange next month with the backing of key investors, such as OpenAI CEO and Worldcoin (WLD) founder Sam Altman. The new exchange – which will not be open to customers in the US – aims to compete with the…
The crypto derivatives market has booked $3 trillion trading volumes last month, more than double of the size of the spot market, according to a CCData report. The implosion of FTX, however, dealt a significant blow to the sector, while market leader Binance’s dominance sank to a four-year in September. Source
Bitnomial’s action follows a similar suit filed by Crypto.com on Tuesday. Source