Kraken, the second-largest crypto exchange in the United States, has unveiled its latest coin listing roadmap featuring 19 tokens, including BNB, DYDX, AR, and LQTY. This move signals Kraken’s expansion strategy as it anticipates a more relaxed regulatory environment under President-elect Donald Trump. The crypto community expects fewer restrictions on token listings in the US, …
The crypto market has faced million-dollar losses all due to these cyber frauds and there are only a few cases where a possible recovery was made. In a notable incident, South Korea’s largest crypto exchange, Upbit, recently refunded 8.5 billion won ($6.07 million) to 380 victims of voice phishing scams. This recovery was made possible …
South Korea’s second-largest crypto exchange, Bithumb, has introduced Korean won trading pairs for TONCOIN (TON) and METIS (METIS), with trading set to begin at 8:00 PM KST on November 21. TONCOIN is gaining traction, showing a promising trend reversal after breaking a downtrend line. Analysts believe this structural breakout is more significant than the Bithumb …
The U.S. crypto exchange giant Gemini owned by the Winklevoss twins has recently launched its operations in France. As per the latest sources, this move marks the latest crypto expansion in the E.U. region. Notably, Gemini now operates in over 70 countries. The recent move comes after France showed active involvement with and support of …
Bitwise Asset Management announced that it has filed to list 10 Crypto Index Fund (BITW) as an exchange-traded product (ETP). Reportedly, the $1.3 billion publicly traded trust trades on the “OTCQX” Best Market. Notably, this conversion to an ETP will offer more benefits to its shareholders by improving efficiency, regulatory protections, and mechanisms. Matt Hougan, …
Crypto.com, one of the major players in the crypto world, just took a big step into traditional finance in Australia. By snapping up Fintek Securities, an Aussie brokerage licensed by ASIC, they’re adding more than just crypto to their lineup. With Fintek under its wing, Crypto.com can now offer a broader range of financial products …
Coincheck, a Tokyo-based cryptocurrency exchange and subsidiary of Monex Group, is set to become the first Japanese exchange listed on Nasdaq following SEC approval on November 13. The listing, anticipated for December 10, will proceed through a merger with Thunder Bridge Capital Partners (TBCP), a special acquisition company, allowing Coincheck to trade under the ticker …
Coinbase has just dropped a big surprise on the crypto world—the Coinbase 50 (COIN50) index fund. This fund tracks the top 50 cryptocurrencies, excluding stablecoins. But is it really going to shake up the market? Let’s dive into what this means for investors. A New Way to Invest in Crypto The COIN50 fund gives investors …
South Korea’s largest cryptocurrency exchange, Upbit, has announced the listing of 12 new digital assets on its USDT market. The newly added tokens include Adventure Gold (AGLD), AhaToken (AHT), ARPA, Astar (ASTR), Bancor (BNT), MultiversX (EGLD), Filecoin (FIL), LumiWave (LWA), NEAR Protocol (NEAR), Orchid (OXT), Radworks (RAD), and Stellar Lumen (XLM). This move is expected …
Bitget, a popular name in the crypto exchange world, is back on the UK stage, and this time they’re playing by the rules. Earlier in 2024, they pressed pause on UK operations to figure out how to work within new UK financial regulations. Now, they’ve relaunched with full compliance and have partnered with a trusted …
As per the latest updates FTX has sued crypto.com. Notably, Alameda had an account in Crypto.com before the company had filed for bankruptcy. Reportedly, the account was opened under the name of Ka Yu Tin, a former Alameda employee. Claims state that such practice was common in the company as this trading firm used shell …
Upbit has launched trading support for DRIFT, the governance token of Drift, a Solana-based exchange for perpetual futures trading. DRIFT is now available in KRW, BTC, and USDT markets, with deposits and withdrawals limited to the Solana network only. Trading will start at 6 PM on November 8. Initial restrictions include buy limits and minimum …
Flipster, a rapidly expanding crypto derivatives trading platform, has bolstered its security framework with the integration of Fireblocks, an industry leader in digital asset security, leveraging its advanced cold wallet technology to enhance asset protection. With this integration, the trading platform aims to deliver a more secure and trustworthy trading environment, fulfilling growing security expectations …
The listing of a digital asset token on major cryptocurrency exchanges is considered alpha by most projects. Moreover, listing a token on major crypto exchanges exposes the project to more global investors, thus ensuring a sustainable future growth akin to Bitcoin (BTC) over the years. However, listing of digital asset tokens on major crypto exchanges …
Bithumb, South Korea’s second-largest cryptocurrency exchange has recently announced its listing of 2 new Korean Won trading pairs. Reportedly, these 2 pairs are CARV and OMNI. Notably, Carv is the largest modular gaming and Artificial Intelligence (AI) chain data infrastructure and has partnerships with major blockchains. On the other hand, Omni Network is a Layer-1 …
Market sentiments around the token LOKA is soaring as Binance has announced support for the League of Kingdoms Arena (LOKA) P2E crypto project. LOKA’s price increased nearly 20% as the exchange announced futures listing for the token on its platform. Also, the coin’s intraday trading volume skyrocketed nearly 155%. Binance To Launch LOKAUSDT Perpetual Contract …
Stocks in the Spotlight! Robinhood stock surged by 4.7% after a bullish Bernstein report projected a $23 billion market cap by 2024. The company has seen a 66% year-to-date stock rise, largely fueled by crypto ventures. In Q2 2024, its crypto-based revenue spiked by 161%, reaching $81 million. The company’s recent plans, including acquiring Bitstamp …
Binance is just one step away from becoming the first fully regulated crypto exchange in kazakhstan. It has achieved a major milestone by securing formal consent from the Astana Financial Services Authority (AFSA). This is a major development for the company and reflects its unwavering commitment to regulatory compliance and security in the crypto industry. …
The post Mt. Gox News Update: How the $2.8B BTC Transfer Affects Crypto Prices Ahead of ETH ETF appeared first on Coinpedia Fintech News
After a prolonged consolidation period, Bitcoin has recently experienced a remarkable recovery. Its value has increased by 29% since July 5, reaching a peak of $68,000. This sudden surge is generating enthusiasm among investors. Mt. Gox ruined the party! The recent actions by Mt Gox, the collapsed Bitcoin exchange, have created ripples in the crypto …
The post Kraken Exchange Receives $9 Billion in Mt. Gox Funds: Bitcoin Price Impact and Market Reactions appeared first on Coinpedia Fintech News
After several transactions of more than 91k Bitcoins (BTC) were observed earlier today, top-tier crypto exchange Kraken informed some users that it had received funds on behalf of the Mt.Gox creditors. The cryptocurrency exchange noted that it will distribute the funds to creditors as determined by the trustee, Mt.Gox. “We have successfully received creditor funds …
The post ENS SkyRockets 13% Following Major Listing Announcement By Upbit appeared first on Coinpedia Fintech News
Ethereum Name Service (ENS) has witnessed a notable boost as it surged over 12% following a major announcement by Upbit. The news of ENS being added to Upbit’s Korean won trading market has sparked significant interest in the token. The move is anticipated to greatly enhance the token’s liquidity and make it more accessible to …
The post Terra Luna Classic Staking Ratio Surges To 15% With Over 1T LUNC Staked appeared first on Coinpedia Fintech News
According to the latest data from Terra Classic Foundation, over 1.017 trillion LUNC has been staked on the network. At the current price, this Terra Luna Classic staked reserve is valued at $70.15 million. Moreover, the staking ratio has now surged to a high of 15.01%. Binance had earlier and burned 1.7 billion LUNC tokens …
The post Bitfinex To Refund Investors in Failed Hilton Hotel Venture appeared first on Coinpedia Fintech News
Bitfinex Securities has said that it would refund investors of its Hilton hotel venture at El Salvador’s international airport after it failed to attract the $500,000 minimum funding needed to continue. The project only gathered $342,000 from investors before the first deadline i.e. barely 5% of the $6.25 million it was looking to raise. Bitfinex …
The post Hong Kong’s Crypto License Promotes Inclusive Crypto Trading Unlike US’ Coinbase appeared first on Coinpedia Fintech News
Lu Tingkuang of HKbitEX has highlighted Hong Kong’s regulatory framework that stands out for its inclusivity which allows trading cryptocurrencies and security tokens under a single license. This contrasts with limited regulations in other jurisdictions like the US, where players like Coinbase can only handle cryptocurrency transactions. Hong Kong has already exhibited a commitment to …
The post Bithumb To Launch CORE Korean Won Trading Pairs Today appeared first on Coinpedia Fintech News
Bithumb, the second largest exchange in South Korea has announced the launch of CORE Korean won trading pairs today. Deposits will open at 3:00 pm while withdrawals will be available from 5:00 pm. This could give CORE a major boost as Coinbase also listed CORE on June 22. Bitcoin holders can receive staking rewards by …
The post MoonPay and PayPal Integration Now Includes UK and EU customers appeared first on Coinpedia Fintech News
MoonPay’s integration with Paypal has now expanded to include customers in the UK and 24 EU member states. The Clients of MoonPay can now use PayPal to buy cryptocurrencies. MoonPay stated that its PayPal integration in the U.S. is available to 100% of users. U.S. users could buy and sell more than 110 cryptocurrencies with …
The post Lista Launches on Binance Megadrop appeared first on Coinpedia Fintech News
Binance Megadrop will list Lista (LISTA), a protocol for staking and decentralized stablecoins. This new token launch platform aims to integrate Binance Simple Earn and the Binance Web3 Wallet, revolutionizing users’ airdrop experiences. Additionally, combining these features offers a seamless and efficient way for users to participate in token launches, enhancing their overall engagement and …
The post Coinbase Predicts Bullish Surge for ETH Despite 2022 Underperformance appeared first on Coinpedia Fintech News
The leading CEX, Coinbase, is quite bullish on ETH’s price potential despite its underperformance in 2022. The exchange claims that ETH may surprise to the upside in the coming months and considers Ethereum to be the heart of the existing DeFi landscape, a position unlikely to change anytime soon due to the widespread adoption of …
The post Coinbase Targets Service For Self-Managed Pension Funds: Bloomberg appeared first on Coinpedia Fintech News
Coinbase is poised to develop a service targeting Australia’s self-managed pension sector, as reported by Bloomberg. Self-managed funds in Australia have increasingly held crypto since March 2019, with nearly A$1 billion ($664 million) allocated to crypto. This trend might be driven by the anticipated US spot ETF approvals, but MD John O’Loghlen claims it is …
The post Bitfinex CTO Dismisses Database Breach Rumors appeared first on Coinpedia Fintech News
Bitfinex Chief Technology Officer Paolo Ardoino defied rumors of its database breach. Several reports suggested a potential database leak of 22,500 records of emails and passwords from Bitfinex users. However, as per Ardoino, the breach was likely fake, and only a small percentage of the leaked information matched the exchange users. He also questioned the …