24 Exchange has announced the completion of its first cryptocurrency non-deliverable forward (NDF) trades on its platform. This is coming just six months after the firm facilitated its first crypto trade. The company is expecting to include Jane Street and others in its additional early crypto NDF trading participants. 24 Exchange is a unique platform, …
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Founder and former Chief Executive Officer of Polish-based crypto exchange Zonda (formerly BitBay), Sylwester Suszek, is reportedly missing. A police report in Poland stated that he went for a business meeting on Thursday, but has not returned home since then. The report also noted that his family has not heard from him. The last time …
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Visa has invited undergraduate students to be part of its cryptocurrency development program. The payments giant is setting this team to build an in-bred crypto talent base. Visa’s latest move adds to the company’s endeavour to develop a close relationship with the cryptocurrency sector. Visa has already ventured into the buzzing crypto space in the …
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Cryptocurrency exchange giant FTX furthers expansion push with its latest license issued by market supervisors in the United Arab Emirates. FTX has obtained regulatory approval from Emirati authorities. The exchange is set to operate in the UAE under a virtual asset exchange (VAX) license. CEO Sam Bankman-Fried confirmed the news on Tuesday and said that …
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Deus Finance lost over $3 million from the hack. The hacker manipulated prices in a lending contract. The team is working on a reimbursement plan for the victims. DeFi project Deus Finance has experienced a hack, resulting in over $3 million being stolen. PeckShield revealed that the exploit took place on its Fantom-based marketplace on …
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The Financial Conduct Authority (FCA) is planning a new crypto department to regulate the digital asset industry. The UK’s financial watchdog has invited applications for the post of Head of the Digital Assets Department and Director Of The Payments And Digital Assets Department. The FCA is expediting its efforts to monitor and supervise the crypto …
Singapore-based Luna Foundation Guard continues to pursue its mandate to aid in growing the Terra blockchain ecosystem. The non-profit organization has now voted in favor of another massive LUNA token burn from its treasury. The Luna Foundation Guard (LFG) announced on Tuesday that the organization’s council has voted to burn an additional 4 million of …
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Setting the first foot right, the world’s leading decentralized platform, Ethereum has launched the last public testnet Kiln on its ecosystem. What makes the launch of Kiln more special is the fact that it unanimously hints towards the edging of Ethereum’s long-awaited ‘Merge’ upgrade that will transform the way the crypto community trades and works …
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In his recent speech at Axis Tel Aviv, PayPal’s Chief Executive Officer- Dan Schulman once again showed his support for cryptocurrencies, digital assets, and decentralized payment solutions. Having been a constant promoter of virtual tokens, Schulman talked about the potential of cryptocurrencies in transforming the global financial infrastructure during his interaction. The chief executive of …
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With crypto emerging as a high-potential financial tool for investors, Binance is taking all the necessary steps to sustain its position as the leading brand in the sector. In a major development, the world’s largest cryptocurrency exchange has earned license approval from the central bank of Bahrain to start offering its trading services to fellow …
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A pair of closely tracked crypto strategists are warning that Bitcoin (BTC) is gearing up for a severe corrective event that could send BTC close to the $30,000 price area. Pseudonymous crypto analyst Smart Contracter tells his 205,500 Twitter followers that he sees Bitcoin setting a bull trap at $42,000 in the coming days before pulling …
Multi-token decentralized finance (DeFi) marketplace Deus Finance has become the latest victim of an exploit resulting in over $3 million losses in DAI and Ether (ETH). DeFi analytic firm PeckShield took to Twitter to explain the cause and manner in which the funds were exploited. The hackers behind the attack managed to exploit and manipulate price …
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The United Kingdom’s Financial Conduct Authority (FCA) is seeking senior executives with cryptocurrency-related expertise as the regulator is preparing to launch a new crypto department to regulate the industry. According to FCA’s job postings on LinkedIn, the authority is now hunting for a head of the digital assets department and a director of the payments …
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BTC Price Is in a Range as Bitcoin Remains Above $38K– March 14, 2022 BTC/USD faces rejection at the moving averages on March 14 as Bitcoin remains above $38K.This rejection is the first since February 28 price rebound as Bitcoin fell from the moving averages. The bears will use the advantage to push Bitcoin to …
Quick take: SHIB is the third most held token on the Ethereum network after ETH and FTT Shiba Inu is also the 10th most bought token on the Ethereum network in the last 7 days An ETH whale recently bought $1 million worth of Shiba Inu (SHIB) Accumulation and holding could be a result of …
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