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Poloniex Crypto Exchange Reveals Hacker’s Identity, Offers $10 Million Bounty
20.11.2023
Source: AdobeStock / Tomasz Bidermann Digital asset exchange, Poloniex has uncovered the identity of the hacker who stole over $100 million from its wallet offering a $10 million bounty for a smooth recovery process. Blockchain security firm PeckShield revealed that Poloniex has made progress...
Crypto exchange Bullish buys 100% stake in crypto media site CoinDesk: Report
20.11.2023
CoinDesk was owned by Digital Currency Group who acquired the media company in 2016 for $50M. The new owner, Bullish, is headed by former New York Stock Exchange president Tom Farley
Crypto Exchange Bullish Completes Purchase of CoinDesk: WSJ
20.11.2023
Bullish, which is run by former NYSE President Tom Farley, bought 100% of CoinDesk from crypto-focused venture capital firm DCG in an all-cash deal
Bitcoin Options Open Interest Climbs to Record $15B on Crypto Exchange Deribit
20.11.2023
The notional open interest in BTC options listed on Deribit rose to a record $15 billion last week as traders scrambled to take bullish exposure
WOO X Crypto Exchange Reopens Trading with Enhanced Security After Market Maker Breach
20.11.2023
Source: iStock/JuSun Crypto trading platform WOO X has resumed operations after one of its market markers saw a significant amount of crypto assets withdrawn due to a breach of its security system. “It is business as usual for WOO X, as WOO reassures users that all client assets remain secure...
CZ Reveals Client Execs Kidnapped, Hive Increases Mining Power, Blackrock on ETH ETFs — Week in Review
19.11.2023
Changpeng Zhao, the CEO of leading crypto exchange Binance, recently revealed that executives of a Binance client were kidnapped and shaken down for their crypto holdings. In other news, Vancouver-Based Hive Digital has increased its mining power and Blackrock has weighed in on the topic...
Report of SEC’s Spot Bitcoin ETF Advice Fuels Hope for Approval — Crypto Industry Views It as ‘Real Progress’
19.11.2023
The Securities and Exchange Commission (SEC) has reportedly provided specific guidance to exchanges seeking to list and trade spot bitcoin exchange-traded funds (ETFs) on what they should do next. “This is real progress,” said one crypto exchange insider. “The cash vs in-kind...
Report: US Crypto Exchange Coinbase Fined for Refusing to Localize Russian Users’ Data
18.11.2023
The U.S. cryptocurrency exchange Coinbase was recently hit with a fine exceeding $11,000 by a Russian court. The fine stems from the crypto exchange’s refusal to comply with a law that requires foreign companies to localize data of their respective Russian users or customers. Localizing...
Asia-based Crypto Exchange XREX Secures In-Principle Approval for Major Payment Institution License in Singapore
17.11.2023
Source: AdobeStock / Richie Chan On November 16, XREX, an Asia-based cryptocurrency exchange specializing in cross-border payments, achieved a significant milestone by receiving in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) license. This...
South Korea’s National Pension Service Dives Into Crypto With $20M Coinbase Investment
17.11.2023
Regulatory filings with the U.S. Securities and Exchange Commission (SEC) reveal that the National Pension Service of South Korea acquired 282,673 Coinbase Global shares in 2023’s third quarter. This transaction, valued at approximately $20 million, marks the pension fund’s inaugural...
Binance Japan Adds 13 New Crypto Pairs
17.11.2023
Source: Iryna Budanova/Adobe The crypto exchange giant Binance is hoping to corner the Japanese market by expanding its crypto pairing offerings by 13. The firm launched in Japan in August this year, following its acquisition of the Sakura Exchange BitCoin trading platform in November 2022. Binance...
Coinext Crypto Exchange CEO Highlights Competitiveness Driven by Brazil’s Crypto Regulatory Environment
16.11.2023
Source: AdobeStock / WavebreakMediaMicro José Ribeiro, the CEO of the cryptocurrency exchange Coinext, shared his perspective on Bitcoin and the crypto landscape in Brazil during the Web Summit in Lisbon. During the Web Summit, Ribeiro discussed the vibrant crypto economy in Brazil and the growing...
CoinShares Gets Greenlight to Buy Valkyrie ETF Arm as It Expands Into North America
16.11.2023
Source: Adobestock Leading European digital asset investment firm CoinShares has announced its strategic acquisition of the Valkyrie Funds, a crypto exchange-traded fund (ETF) subsidiary of US-based Valkyrie Investments. In a press release dated November 16, the CoinShares Group stated it obtained...
Pancakeswap Introduces ‘Pancake Mayor’ in New Gamefi Venture
16.11.2023
Pancakeswap, the crypto exchange and decentralized finance (defi) platform, is stepping into the world of game finance (gamefi) by introducing its own gaming marketplace. The marketplace is spearheaded by “Pancake Mayor,” a city-building simulation game developed by Binaryx....
Crypto Exchange PancakeSwap Expands into Gaming with New Marketplace – Earn CAKE for Playing Games?
16.11.2023
Source: pancakeswap.games Decentralized exchange (DEX) PancakeSwap has launched its Gaming Marketplace, enabling developers to directly build, publish, and update games on the platform to an audience of 1.5 million potential players. Per the announcement, the platform is also a hub for...
Bitget Subsidiary Drops Hong Kong License Pursuit Amidst OSL Acquisition Rumors
16.11.2023
The Singapore-based crypto exchange Bitget’s Hong Kong division said on Nov. 13 that it is no longer seeking a trading license to operate in that region. Market rumors suggest that Bitgetx’s decision not to seek the license may be linked to the rumored Bitget acquisition of OSL,...
Binance and Gulf Energy’s Joint Venture to Launch Crypto Exchange in Thailand
16.11.2023
Source: Pexels In a strategic collaboration, Binance Holdings Ltd. and Gulf Energy Development Pcl are set to launch a cryptocurrency exchange in Thailand early next year. This follows the acquisition of licenses from the Thai Securities and Exchange Commission, with Gulf Binance Co. obtaining...
South Korean Crypto Exchange Bithumb Still Aiming for IPO Despite ‘Deep’ Troubles
16.11.2023
Source: Timon/Adobe The South Korean crypto exchange Bithumb has effectively confirmed reports that it is hoping to launch an initial public offering (IPO), but may be hampered by financial issues and ongoing legal problems. Per the South Korean media outlets Economist and Decenter, Bithumb wants...
Kevin O’Leary Says Binance Could Lose Half of its Customers to Abu Dhabi’s M2 Exchange
15.11.2023
Image Source: CNBC Shark Tank star Kevin O’Leary has predicted that Abu Dhabi’s M2 exchange could pose a significant threat to industry giants. According to O’Leary, M2 will emerge as the largest regulated crypto exchange globally as it is backed by substantial capital and...
Poloniex crypto exchange resumes withdrawals after $100M hack
15.11.2023
Hacked cryptocurrency exchange Poloniex said it has mostly completed restoration efforts and is preparing to resume operations after suffering the major hack on Nov. 10