Tag: Trading

How blockchain tech and dMRV can help carbon trading markets

There is a global consensus that greenhouse gas (GHG) emissions are warming the planet, but efforts to accurately measure, report and verify these emissions continue to challenge researchers, nonprofits, corporations and governments.  This is especially the case with “nature-based” projects to reduce carbon dioxide levels, like planting trees or restoring mangrove forests. This has inhibited the development of a voluntary carbon market (VCM) on which carbon offset credits are traded. These “offsets” are sometimes viewed as licenses to pollute, but VCMs overall are thought to be beneficial to the planet…

Bitcoin Insider Trading Suspicions Take Root Following Grayscale Win, What’s Happening?

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Crypto asset manager Grayscale recently won against the Securities and Exchange Commission (SEC) in court, propelling gains in the price of Bitcoin in the past 24 hours. According to the case details, a US appeals court ruled on Tuesday, August 292r, that the SEC was wrong to reject an application from Grayscale to convert the Grayscale Bitcoin Trust into a spot Bitcoin ETF. In the hours following the decision, Bitcoin jumped from $26,500 to test the $28,000 resistance zone. On-chain data has shown that the amount of BTC available for…

HashKey to debut Bitcoin and Ethereum retail trading in Hong Kong

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Crypto exchange HashKey Group is set to debut Bitcoin (BTC) and Ethereum (ETH) trading services for its Hong Kong customers on Aug. 28. In an interview with local media, HashKey chief operating officer Weng Xiaoqi announced that its exchange business will start offering retail trading services for crypto. The firm had applied for a license in July and received approval earlier this month. According to Weng, HashKey chose to start with BTC and ETH since they…

Massive Pepe coin theft sparks allegations of insider trading

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Deflationary meme currency Pepe Coin is embroiled in a web of controversy surrounding a significant token theft and accusations of insider trading. As the Pepe Coin saga unfolds, an on-chain analyst known as Yazan alleges that individuals with privileged access have commenced the liquidation of their PEPE holdings, with a substantial volume of approximately 400 billion PEPE tokens already divested.  Update: The number is now up to 665 billion $PEPE and the wallet selling still has…

Insider trading claims surface amid token theft

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Former Pepecoin (PEPE) promoter turned crypto influencer Jeremy “Pauly” Cahen has leveled insider trading allegations against the Pepecoin team following the reported theft of around 16 trillion PEPE tokens. Pauly is now exposing team members’ identities, divulging their wallet activities. On-chain analysts also point to significant Pepecoin transactions involving insiders. In an Aug. 26 update, Pauly disclosed that the Pepecoin team possesses approximately $16–17 million in PEPE tokens distributed across nine wallets. Surprisingly, the insiders refrained from selling the holdings. Instead, they strategically offloaded PEPE from a centralized exchange (CEX)…

Top US Crypto Exchange Coinbase Says It Will Axe Trading Support for Multichain (MULTI) and Five Other Altcoins

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Leading US-based cryptocurrency exchange Coinbase will suspend trading for the crypto asset of the bridging platform Multichain (MULTI) effective September 6th. The decision comes after Multichain advised its users to stop using its services. Earlier this year, the protocol announced that its team members couldn’t find the project’s CEO, Zhao Jun, amid technical issues. “The team has done everything possible to maintain the protocol running, but we are currently unable to contact CEO Zhaojun and obtain the necessary server access for maintenance.” Cybersecurity firm PeckShield also revealed last month that…

HashKey to start Bitcoin and Ether retail trading in Hong Kong from Aug. 28

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Asian cryptocurrency exchange HashKey is set to start offering Bitcoin (BTC) and Ether (ETH) crypto trading services to retail customers in Hong Kong starting on Aug. 28, according to a local media report. Investors will only be allowed to invest up to 30% of their net worth into cryptocurrencies when using the platform. HashKey became the first crypto exchange in Hong Kong to get regulatory clearance to offer crypto trading services to retail traders after upgrading two major licenses issued by the country’s Securities and Futures Commission (SFC). The first…

Bitcoin (BTC) Jumps to $26.5K as Trading Volume Increases

Bitcoin posted a sizable advance on Wednesday, rising nearly 5% at one point to just shy of $26,800 alongside a rally in traditional markets as interest rates retreated. Institutional cryptocurrency exchange LMAX Digital noted that trading volume has been trending up over the week but saw a significant increase on Wednesday. “Bitcoin volumes printed $173 million, 59% above 30-day average volume and ether volumes printed $92 million, 70% above 30-day average volume,” the exchange said in a morning note. The uptick for bitcoin’s price and trading volumes stems from traditional…