Exchanges Financial News

It’s never too late in life to dabble in cryptocurrency investing –  For seniors unfamiliar with the sector cryptocurrency is a type of digital or virtual currency that uses cryptography for virtual transactions.

new tokens have been listed on major digital-asset exchanges in the first half of this year than in all of 2023. On higher-volume exchanges including Binance and Bybit, coin listings are cumulatively up 11.6% to 2,066 in the first six months of the year, according an analysis of select exchanges that CCData conducted for Bloomberg. Among a handful of lower-volume exchanges including CoinJar and BTC Markets, listings are up nearly 32% to 488, the researcher found.

With the Financial Intelligence Unit (FIU) issuing show-cause notices to Binance and eight other offshore exchanges last week, Apple has delisted the app from its App Store & Indian telecom operators have blocked Binance and other exchanges website urls. Due to this development, Indian crypto investors are expressing concerns about the safety of their crypto funds and assets. While the future of these exchanges remain uncertain, one potential course of action to safeguard your funds is to transfer your funds to FIU-compliant Indian exchanges. We have considered Mudrex here as it is 100% FIU-IND compliant and one of the most user-friendly crypto platforms around . Step 1. Download Mudrex & Go to the Cryptocurrency Coin page To do this, click on Coins in the bottom bar and then search for the coin that you wish to transfer.

A group of bipartisan United States lawmakers have introduced a bill to the Senate aimed at preventing terror organizations and their financial enablers from accessing financial aid in fiat and digital assets in the country.

Bitcoin (BTC) deposits and withdrawals have returned to the Justin Sun-linked crypto exchange HTX, formerly Huobi, after it suffered a $30 million exploit on Nov. 22.

Netherlands-based cryptocurrency exchange Bitvavo is set to expand its services to French users after successfully registering as a digital asset service provider with France’s Autorité des Marchés Financiers (AMF).

Crypto exchange Poloniex recently posted a message to the hacker responsible for stealing over $100 million in digital assets from one of its wallets, saying that it has identified the person and is giving the perpetrator a chance to return the assets in exchange for a $10 million bounty. 

Binance Blockchain Week Istanbul 2023 saw global crypto exchange Binance bringing its flagship event to Turkey on Nov. 8–9, where business is conducted in the Turkish lira — a top trading pair on its platform. 

A crypto wallet belonging to the digital asset exchange Poloniex has experienced suspicious outflows, as seen on blockchain explorer Etherscan. Blockchain security firms believe that the company was breached, leading to as much as $100 million in crypto being drained by the attackers. 

With the United States Securities and Exchange Commission’s first window opening up for the approval of a spot Bitcoin ETF, analysts have noted that even if the SEC approves a spot Bitcoin (BTC) exchange-traded fund (ETF), it will be a month before the actual launch.

Lawyers handling the FTX bankruptcy case are considering offers that could eventually lead to a relaunch of the troubled exchange.

Crypto exchange Kraken neither confirmed nor denied rumors of the company’s plans to potentially release a layer-2 solution similar to what its competitor Coinbase did with Base network earlier this year. 

The teams behind the Floki protocol and Bitget crypto exchange have accused each other of market manipulation after the protocol’s token, TokenFi (TOKEN), was listed and delisted by Bitget. This is according to an October 31 social media post from the Floki team and a blog post from Bitget. 

Supply and demand dynamics could mitigate concerns of a potential Bitcoin (BTC) market supply shock during the upcoming mining reward halving in 2024, according to Bitvavo CEO Mark Nuvelstijn.

The surge in the price of Bitcoin (BTC) has led to a change in investors' sentiment towards the market sparking different calls from market players not recorded in months.

The Singapore entity for Upbit, South Korea’s largest exchange by volume, has been given in-principal approval for a Major Payment Institution (MPI) license in Singapore.

I haven’t read Michael Lewis’ The Big Short: Inside the Doomsday Machine, but I find it difficult to believe that the author expressed much sympathy for those involved in the United States housing bubble prior to the 2008 financial crisis. By contrast, his account of former FTX CEO Sam Bankman-Fried (SBF) is relatively glowing.

Embattled crypto exchange JPEX has pushed ahead with a plan that will purportedly transition the platform into a decentralized autonomous organization (DAO) and convert user assets to dividend shares with an incentive to lock them up for two years.

The Hong Kong Police Force (HKPF) and the Securities and Futures Commission (SFC) have set up a crypto-focused working group to deal with illicit crypto exchange activities.

Coinbase launched Base, its new blockchain, in late July, and it has already become a major player among Ethereum-based layer-2 chains. 

The Melbourne couple who accidentally received 10.5 million Australian dollars (AUD), or almost $6.6 million, will be facing a plea trial in October for a theft charge after spending the funds that they received by mistake in 2021.