SIX explores launching a cryptocurrency trading platform in Switzerland, leveraging favorable crypto laws to attract institutional investors in Europe. This move is part of SIX’s broader European expansion strategy.
CEX.io resumes UK operations via Gateway 21, complying with new FCA crypto promotion rules. Operating from Lithuania, the exchange seeks an AML license from the FCA. With 11 years of incident-free operations, CEX.io sets a compliance benchmark.
Indonesian crypto exchange Indodax has lost over $18M in a security breach involving 5204 $ETH, 6.84M $MATIC, and 380 $ETH on various networks. Indodax assures clients their funds remain secure, highlighting the need for enhanced cybersecurity.
DTX Exchange launches testnet for its L1 blockchain, raising $1.8M post-launch. The VulcanX protocol aims to cut trading fees and support multi-channel trading, enhancing security and unifying traditional and decentralized assets.
? $DYDX Unveils Major Update: dYdX Unlimited Launching Fall 2024. Features include a Public Market, MegaVault liquidity pool, a lucrative referral program, and enhanced security with Authorized Wallet Keys. More info: [https://hodl.press/dydx-announces-major-exchange-update-for-fall-2024/] #Crypto #DeFi
Scanbit now offers offline crypto exchange rate monitoring in Ukraine, available since July 2024. Users can sort by rate, benefit, or trust rating, improving transparency and security in cash-based crypto purchases. #Update #CryptoNews
Decentralized exchange ZKX shuts down due to low trading volumes and unsustainable conditions. Users can withdraw funds until August 31. ZKX token value drops 70% in a week, highlighting economic viability challenges.
.@Coinbase requests court order for SEC to disclose docs, including SEC Chair Gary Gensler’s emails since 2021. This follows SEC’s earlier denial; Coinbase stresses the need for a robust defense. Outcome may influence future crypto regulations. #CryptoNews #Update
? Indian crypto exchange WazirX hacked, losing $235M. Suspicious transactions detected by Cyvers, funds mixed via Tornado Cash. Blockchain detective ZachXBT traced attacker’s wallet holding $100M in $SHIB, $11.2M in $MATIC. WazirX pauses withdrawals. #CryptoSecurity
Centralized exchanges faced a 900% surge in hacker losses in Q2 2024, with $1.4B stolen. The biggest hit was on DMM Bitcoin, losing $303M. Despite a 42% recovery rate, 76% of funds remain unrecovered. Increased attacks on gaming platforms and NFTs expected. #CryptoSecurity
The National Bank of Ukraine’s new study uses LSTM neural networks to predict $BTC, $ETH, $XRP, and $DOGE prices, outperforming traditional models. Key dynamics: supply/demand, market stability, regulations. This could advance trading algorithms and portfolio tools. #Update #CryptoResearch
Obmify launches a new mobile app for iOS, with Android coming soon, enhancing crypto exchange monitoring. Features include user reviews, ratings, and a unique insurance deposit system for secure transactions. Simplified design aids quick decisions. #CryptoNews #Update
.@bitFlyer is set to acquire FTX Japan, valued in the tens of millions, following the collapse of @FTX_Official. The move aims to convert FTX Japan into a custodial service for institutional clients, highlighting the shift towards secure, reliable custodial services in crypto. #Update
Binance Labs has invested in decentralized exchange Rango to boost DeFi infrastructure and reach. Rango, supporting over 60 blockchains with $3B in transactions, partners with @TrustWallet, Exodus, Binance Web3 Wallet, and Compound. Goals: better infrastructure, more blockchains, 1B users. #Update
