Tag: Exchange

Crypto Exchange Binance Lists Hot Ethereum Altcoin Project That’s Up 110% This Month

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A soaring altcoin project built on Ethereum (ETH) is picking up support from Binance, the world’s largest crypto exchange by volume. Binance recently announced the listing of Pendle (PENDLE) in their Innovation Zone. The platform allows for spot trading pairs with Bitcoin (BTC), PENDLE/BTC, Tether (USDT), PENDLE/USDT, and TrueUSD (TUSD), PENDLE/TUSD. Binance’s Innovation Zone is a dedicated trading space for crypto assets that could be more prone to rapid price swings. Pendle is a tokenized decentralized finance (DeFi) yield-trading protocol that enables investors to purchase assets at a discount and…

Top Binance Execs Leave Crypto Exchange Over Changpeng “CZ” Zhao’s Handling of DOJ Investigation: Fortune

Binance General Counsel Han Ng, Chief Strategy Officer Patrick Hillmann, and Senior Vice President for Compliance Steven Christie are among those that have resigned, a source familiar with the matter told Fortune. In addition, Binance’s Global Vice President of Marketing and Communications Steve Milton left the company in June, according to his LinkedIn profile. Their departure follows Senior Director of Investigations Matthew Price’s recent decision to part ways with the exchange. Source

Binance refers users to Coinmerce as exchange exits the Netherlands

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Global cryptocurrency exchange Binance has reached an agreement with Coinmerce to refer its users as the firm winds down operations in the Netherlands. In a July 6 blog post, Dutch crypto exchange Coinmerce said “hundreds of thousands” of users based in the Netherlands would be referred from Binance, giving them the choice of transferring their digital assets to the platform for free. Binance announced in June that it would be largely halting its services for Dutch users on July 17, citing a failure to obtain a virtual asset service provider…

dYdX exchange launches testnet for ‘fully decentralized’ version 4

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Crypto exchange dYdX has launched a public testnet of its “v4” iteration, according to a July 5 announcement from the exchange’s development team. This marks the completion of “milestone 4” out of five, paving the way for a future v4 mainnet launch. Once implemented on mainnet, v4 is expected to allow for “full decentralization” of the exchange. v4 Testnet is officially live https://t.co/TD5caN6VSQ Here are all the links you may need for easy access! Public Testnet: https://t.co/BZ57SvuXNvTestnet Status Page: https://t.co/7vkrGZs9fxv4 Documentation: https://t.co/tKTUWacKld Feedback and Block Explorer links — dYdX (@dYdX)…

BitgetX joins HKVAC as it aims for exchange license in Hong Kong

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According to a July 4 announcement, BitgetX, the Hong Kong subsidiary of cryptocurrency exchange Bitget, has joined the Hong Kong Virtual Asset Consortium (HKVAC), which provides ratings services and indices to cryptocurrencies.  Launched on May 31 with Huobi as its inaugural member, the HKVAC will produce two indices. The Cryptocurrency Large Market Cap Index will be based on the 30 highest capitalized cryptocurrencies according to a seven-day median, with other criteria and quarterly rebalancing. There will also be a Cryptocurrency Risk Rating Based Index in the future. Fiona Fan, founding…

South Africa to mandate crypto exchange licenses by year-end: Report

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South Africa’s financial regulator has announced that all crypto exchanges in the country will be required to obtain licenses by the end of the year, according to a report by Bloomberg. Financial Sector Conduct Authority (FSCA) Commissioner Unathi Kamlana stated that the FSCA has received approximately 20 license applications since its recent opening, and expects more before the November 30 deadline, Bloomberg reported. Kamlana further mentioned that if crypto exchanges continue to operate without a license after the deadline, the regulator intends to take “enforcement action,” which may involve fines…

Coinbase Stock (COIN) Explodes After Crypto Exchange Named in New Bitcoin ETF Filing

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Shares of Coinbase (COIN) are up after news that exchange operator Cboe Global Markets has refiled its spot Bitcoin exchange-traded fund (ETF) application. The U.S Securities and Exchange Commission (SEC) previously rejected Cboe’s application, which was filed on behalf of financial giants BlackRock and Fidelity, for being unclear and incomprehensive. Bloomberg senior ETF analyst Eric Balchunas said at the time that there were certain details that the SEC wanted, including the naming of a crypto exchange to help facilitate the ETF. “Basically [the] SEC wants them to name the ‘crypto…

Crypto Exchange Gemini’s Cameron Winklevoss Tweets $1.5B ‘Final Offer’ in Debt Talks for Bankrupt Genesis

CryptoX – Cryptocurrency Analysis and News Portal Cameron Winklevoss, co-founder of the Gemini crypto exchange, tweeted what he described as a “final offer” in the debt-restructuring talks over the bankrupt digital-asset firm Genesis, bringing months of negotiations and mediation to a head with a plan for $1.5 billion in forbearance payments and fresh loans. Original Source The post Crypto Exchange Gemini’s Cameron Winklevoss Tweets $1.5B ‘Final Offer’ in Debt Talks for Bankrupt Genesis appeared first on CryptoX. CryptoX Portal