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FBI seizes nine crypto exchanges over money laundering

0xMain
May 3, 2023

Crypto, exchanges, FBI, Hacking, laundering, money, seizes

The FBI has seized nine cryptocurrency exchanges allegedly involved in money laundering connected to ransomware payments. The Federal Bureau of Investigation (FBI) has taken over 24xbtc.com, 100btc.pro, pridechange.com, 101crypta.com, uxbtc.com, trust-exchange.org, bitcoin24.exchange, paybtc.pro, and owl.gold. The servers of these exchanges were shut down,...

Here’s how centralized exchanges can earn customer trust

0xMain
May 3, 2023

centralized, customer, Earn, exchanges, Hacking, Heres, trust

In cryptocurrency trading, traders can either use decentralized or centralized exchanges. While decentralized exchanges (DEXs) are popular for allowing self-custody of funds, centralized exchanges (CEXs) are dominant and preferred by many. Despite their use, these platforms must employ measures to establish and retain...

Nigeria considers digital exchanges for asset-backed tokens

0xMain
May 1, 2023

assetbacked, considers, Digital, exchanges, Hacking, Nigeria, tokens

Nigeria’s Securities and Exchange Commission (SEC) is reportedly looking to license digital exchanges to enable the issuance of asset-backed tokens in the country. Legalizing bitcoin (BTC) and other cryptos is not in the regulator’s plans in the short term. SEC to approve digital...

Blockchain Technology at the core of Maldives Digital Transformation3

Fetch.ai now offers advanced AI trading tools for decentralized exchanges

0xMain
April 19, 2023

advanced, decentralized, exchanges, Fetch.ai, Hacking, offers, tools, trading

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Fetch.ai, a U.K.-based artificial intelligence (AI) tool developer for crypto, is bringing advanced trading products tailored for decentralized exchanges (DEXs). Fetch.ai reduced the chances of hacking Fetch.ai is looking...

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South Korean exchanges to delist OMG and SRM

0xMain
April 12, 2023

delist, exchanges, Hacking, Korean, OMG, South, SRM

The members of the digital asset exchange joint consultative body (DAXA), a group of South Korean crypto exchanges, are planning to delist OMG Network (OMG), formerly known as OmiseGo, and serum (SRM). According to the announcement by Upbit, DAXA will end support for...

dYdX winds down Canada operations, more exchanges exit North America markets

0xMain
April 8, 2023

America, Canada, DYDX, exchanges, exit, Hacking, markets, North, operations, winds

The decentralized derivatives exchange, dYdX, announced on April 7 that it would no longer provide its services in Canada. As of April.7, the registration of new users was disabled. Current users can continue trading on the dYdX platform for the next week. After...

Japan’s FSA warns Bybit and other crypto exchanges of operating without license

0xMain
April 3, 2023

Bybit, Crypto, exchanges, FSA, Hacking, Japans, license, operating, warns

Japan’s Financial Services Agency (FSA) has warned four cryptocurrency exchanges, including Bybit, of operating without a license. The other exchanges mentioned in the notice are MEXC Global, Bitforex, and Bitget. Bybit has received similar warnings, including one from Japan’s FSA in May 2021...

Bitget joins forces with Space and Time to enhance exchange’s transparency

0xMain
March 28, 2023

Bitget, enhance, exchanges, forces, Hacking, joins, space, time, transparency

Bitget is partnering with Space and Time (SxT) to offer users transparency of exchange operations and reserves, ensuring that all exchange operations are valid and verifiable. Bitget’s partnership enables tamper-proof auditing The partnership with Space and Time makes Bitget the first centralized exchange...

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Stablecoin supply on cryptocurrency exchanges down 50% in 4 months

0xMain
March 26, 2023

Cryptocurrency, exchanges, Hacking, months, stablecoin, supply

Glassnode data on Mar. 26 shows that the stablecoin supply on exchanges has more than halved to less than $24b in four months. Stablecoin supply on exchanges dropping In November, stablecoin supply on exchanges stood at over $44b. Still, this figure, triggered by several fundamental...

Almost $20b in cryptos hit exchanges last week

0xMain
March 20, 2023

20b, cryptos, exchanges, Hacking, hit, week

According to data provided by Glassnode, roughly $19.5 billion of BTC, ETH and USDT was brought to the exchanges, last week. Bitcoin leads the inflow with $9.6 billion while the largest stablecoin was not far away, reaching the $9.5 billion mark. As the...