[PRESS RELEASE – Singapore, Singapore, June 15th, 2023] Huobi, the virtual asset trading platform, announces Phase I of the Huobi Mars Program to kick off its ambitious plan to explore the universe. Get Huobi on Mars! By investing big in the space program, Huobi has shown its dedication as the …
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Coinbase has taken a defiant stance against the US Securities and Exchange Commission’s proposed definition change. In a bold move, Paul Grewal, the company’s chief legal officer, has accused the regulator of preemptively imposing its authority and basing its proposed rules on unsubstantiated assumptions about cryptocurrency jurisdiction. This clash between …
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[PRESS RELEASE – Hong Kong, Hong Kong, June 14th, 2023] Open Exchange (OPNX) has officially added Celsius claims to its marketplace. OPNX will now accept claims from the Celsius bankruptcy proceedings through its verification and tokenization partner, Heimdall. Holders of a claim can have it turned into a tokenized asset, …
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Floki Inu (FLOKI), the meme-inspired cryptocurrency named after the beloved dog of Elon Musk, has recently achieved a significant milestone with the announcement of three new exchange listings. The news has caused a surge in its price – a decent 14-day hike of nearly 10%. This marks a major victory …
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The Coinbase International Exchange will provide institutional clients outside of the US with BTC and ETH contracts and up to 5x in leverage. Crypto exchange Coinbase has launched an international exchange to offer its teeming institutional clients an expanded portfolio of crypto services. According to the company, the new Coinbase …
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In the world of cryptocurrency, the exchange platform plays a critical role in the buying and selling of digital assets. A well-designed and efficient crypto exchange can attract a large user base, and it is essential to retain these users by providing top-notch customer support. In this article, we will …
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Chainlink’s (LINK) low-latency oracles will integrate with the decentralized exchange (DEX) GMX following a successful governance proposal that sought to provide more “granular” real-time market data to GMX v2. Voting ended on April 25 at 12:00 am UTC, with over 96% of participating GMX tokenholders voting in favor of the …
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Medium of Exchange As society’s structure and organization became more complex over time, the need for an evolving monetary system arose from the limitations of barter. Barter is not suitable as a means to exchange goods and services in an economic system larger than a tribe or family; barter was …
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Just a day after disclosing its possible relocation, Coinbase, the largest crypto exchange in the United States, announced its latest achievement of acquiring a Class F license from the Bermuda Monetary Authority (BME) under the Digital Asset Business Act. This raised speculation among the crypto community on how the crypto …
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The Securities and Exchange Commission (SEC) is furthering its plans to bring crypto exchanges under its regulatory purview – including DeFi exchanges. The agency has announced that it is reopening an old proposal surrounding consumer protection laws to explicitly put digital asset trading within its scope. Regulating DeFi Per a …
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According to a Bloomberg report, attorneys for the bankrupt crypto exchange FTX, have been exploring the possibility of rebooting the company. The exchange’s legal team has examined tax issues, cybersecurity implications, and user experience testing. Per the report, in February alone, their bill totaled $13.5 million, reflecting a significant effort …
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The failure of FTX triggered a notable growth of self-custody in 2022, with numerous cryptocurrency investors transitioning from centralized exchanges (CEX) to hardware or software wallets. The rising popularity of self-custody could even potentially erase the need for centralized exchanges one day, according to Binance CEO Changpeng Zhao. But how …
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