cryptocurrency exchange

According to reports, the cryptocurrency exchange, Coin On, announced that the withdrawal function of the platform had been restored. Interpretation of this information: The recent announcement that the cryptocurrency exchange, Coin On, has restored its withdrawal function is a welcomed development for users of the platform. The restoration of the function ensures that users can now withdraw their digital assets with ease. This development comes after Coin On suffered a setback, which led to the temporary suspension of its withdrawal function. However, the exchange has now recovered and has resumed…

According to reports, Coinbase, a cryptocurrency exchange, is investigating the issue of transmission and reception delays in Bitcoin, and trading is not currently affected. Interpretation of this information: Cryptocurrency exchange Coinbase is reportedly investigating the issue of transmission and reception delays in Bitcoin. This is an important development as Bitcoin is one of the most popular cryptocurrencies and any issues with its transmission and reception could have a significant impact on the cryptocurrency market. It is not clear what is causing these delays or how long they have been occurring,…

According to reports, Coin On officially announced that it will launch three new trading pairs, AGIX/TRY, LOOM/USDT, and OAX/USDT, on March 24, 2023 at 08:00 (UTC). Coin On reminded that TRY is legal tender and does not represent any other digital currency. Interpretation of this information: Coin On has announced the upcoming launch of three new trading pairs, namely AGIX/TRY, LOOM/USDT, and OAX/USDT. These trading pairs will be available starting from March 24, 2023, at 08:00 (UTC). Such an announcement indicates a significant move by the exchange, as it expands…

On March 22nd, Bit2Me, the cryptocurrency exchange, announced that it was now on the shelves of EUR and XAU. Interpretation of this information: Bit2Me, the Spanish cryptocurrency exchange, has announced that it has added Euro (EUR) and Gold (XAU) to its list of available assets. This development should give Bit2Me users the ability to buy and sell these two assets, in addition to the cryptocurrencies they already deal with. The announcement marks yet another win for the rapidly growing cryptocurrency industry. The addition of EUR to Bit2Me’s platform comes as…

It is reported that Metatime, Türkiye’s cryptocurrency exchange that has not yet started, has raised $11 million in seed funds. Türkiye investment company Yildiz Tekno GSYO and several unnamed angel investors participated in the investment. This Türkiye encryption startup is developing exchanges, wallets, blockchains, NFT markets and stable currencies. Interpretation of this information: Metatime, a cryptocurrency exchange in Türkiye, has reportedly raised $11 million in seed funds from a local investment company, Yildiz Tekno GSYO, and several angel investors whose names were not disclosed. The startup is yet to launch,…

According to reports, according to an official announcement, the Solana Eco Decentralized Cryptocurrency Exchange Orca began restricting access by U.S. traders on March 31. Orca stated that it “added the United States to regions and countries that restrict transactions on its website orca.so.”. Interpretation of this information: The message informs readers that the Solana Eco Decentralized Cryptocurrency Exchange Orca has started limiting access by U.S. traders from March 31. This regulation comes following an official statement made by the company. Orca has added the United States to its list of…

According to reports, Coinbase, a cryptocurrency exchange, said it was in discussions with customers to develop a new overseas (trading) platform. (Jin Shi) Interpretation of this information: The news that cryptocurrency exchange Coinbase is in discussions with customers to develop a new overseas trading platform highlights the ongoing growth and evolution of the digital currency market. As more and more people around the world become interested in cryptocurrencies, companies like Coinbase must adapt and innovate to keep up with demand. One of the biggest challenges facing Coinbase and other cryptocurrency…

According to reports, Coinbase said that the problem of intermittent landing had been solved. Interpretation of this information: Coinbase, a well-known cryptocurrency exchange platform, has recently shared that it has resolved the problem of intermittent landing that has been bothering its users. In a time when cryptocurrency is gaining more recognition and acceptance, it is critical for companies to provide top-notch services that guarantee the safety and security of their users. Intermittent landing refers to the difficulty experienced by users when trying to access the website or mobile applications of…

According to reports, Bitstamp, the cryptocurrency exchange, recently reduced the number of employees by 30%, from about 650 in September last year to 450 in February. However, Bitstamp CEO Jean Beatiste stated in an interview that this is not a round of layoffs. Many consultants engaged in licensing, strategy, compliance, and safety have completed their projects, all of whom completed their tasks at the end of last year. Interpretation of this information: Bitstamp, a prominent cryptocurrency exchange, has recently reduced the number of employees by 30%. In September 2020, the…

It is reported that FTX, the cryptocurrency exchange, applied to the US judge, hoping to give another six months to submit the reorganization plan in Chapter 11 of the bankruptcy law. It said that after the bankruptcy last year, the company needed more time to continue to clarify its financial situation and would “soon” publish the details of its assets and liabilities. According to a motion submitted to the Delaware District Bankruptcy Court of the United States on Friday, the company requested to propose a reorganization plan before September 7,…

It is reported that Coinbase is starting to introduce the decentralized financial (DeFi) applications UniSwap and Aave into Base. A person familiar with the matter said that Coinbase was recruiting many agreements for Base. UniSwap and Aave are two of them. UniSwap may be integrated into Base in a few months. Interpretation of this information: Coinbase, a leading cryptocurrency exchange, has reported that it is in the process of introducing DeFi applications UniSwap and Aave into Base. Base is a platform that allows application developers to build on top of…

It is reported that Bitstamp, a crypto exchange, tweeted that despite the unfortunate bankruptcy of Signature Bank, our normal operation will not be affected. Interpretation of this information: The message released by Bitstamp, a digital currency exchange, informs its users that the ongoing bankruptcy of Signature Bank will not affect the company’s normal operations. The statement is a reassuring one, as users place significant trust in the exchange’s reliability and ability to process transactions effectively. The statement’s wording suggests that Bitstamp recognizes the sensitivity of the situation and is taking…

According to reports, Binance, the cryptocurrency exchange, said that it had no risk exposure to SVB Bank and the funds were safe. Interpretation of this information: Binance, known as one of the world’s leading cryptocurrency exchanges, recently came out with a statement emphasizing that it has no risk exposure to SVB Bank and that the funds of its investors are safe. The statement was prompted by rumors floating around online that suggested Binance had significant fund deposits with SVB Bank, which could pose a substantial risk to the exchange and…

It is reported that Bittrex, a cryptocurrency exchange headquartered in Seattle, announced that, in view of the recent announcement by Silvergate Bank that they would close their business, Bittrex has begun to transfer the deposits of our customers to other cooperative financial institutions. Since Bittrex has opened accounts in various financial institutions, we expect that customers’ ability to access legal funds in Bittrex accounts will not be affected. Our customers’ funds are safe and available. We would like to thank Silvergate for its partnership with Bittrex for many years, and…

On March 10, it was reported that the Financial Services Commission (FSC), the highest financial regulator in South Korea, had begun a “comprehensive inspection” of the country’s cryptocurrency exchange. The FSC is particularly concerned about the 20 trading platforms that do not have a Korean trading license. This is the “first time” that the FSC has conducted a “comprehensive inspection” of exchanges that do not operate the legal currency market. It is expected that this inspection will focus on the anti-money laundering agreement. Interpretation of this information: The Financial Services…

It is reported that according to a document of the Northern District District Court of California, the United States, Coinbase was sued by a customer who said that the Cryptocurrency Exchange refused to help him after he lost $96000 from Coinbase’s wallet due to a hacker attack. According to court documents, the plaintiff Jared Ferguson’s mobile phone lost service on May 9, and T-Mobile technical support told him to obtain a new SIM card. After his iPhone was restored to service, Ferguson noticed that all the money in his Coinbase…

According to reports, Zach XBT, a security analyst on the chain, tweeted that Bitbns, the cryptocurrency exchange of India, had concealed that it was attacked by hackers when it was carrying out “system maintenance” on February 1, 2022, and lost 7.5 million dollars. Interpretation of this information: The latest news from the cryptocurrency world is that Bitbns, the Indian cryptocurrency exchange, was hit by hackers and lost $7.5 million in the process. The news came to light after Zach XBT, a security analyst on the chain, tweeted about it. Bitbns…

It is reported that the metauniverse project Gamium has risen by more than 600% in the past 24 hours, and the current increase has dropped to below 400%. Community analysis may be related to the project’s participation in the joint launch of the metauniverse activation plan by the social giant Meta and Telef ó nica. In addition, the cryptocurrency exchange Coin On released a tweet of “GMM” on social media on Monday, and GMM is the original Gamium token symbol, triggering the community’s speculation about its online Coin On, but…

According to the report, Coinbase Assets announced on social media that Coinbase, the cryptocurrency exchange, plans to shut down offline for 8 hours at 9:00 p.m. Pacific time on March 4, 2023 (01:00 p.m. Beijing time on March 5) for the scheduled technical system upgrade. Interpretation of this information: The upcoming scheduled technical system upgrade for Coinbase, the cryptocurrency exchange, is set to take place for eight hours starting at 9:00 p.m. Pacific time on March 4, 2023. As reported by Coinbase Assets on social media, this temporary shutdown is…

It is reported that Letitia James, the Attorney General of New York, is suing CoinEx, the cryptocurrency exchange, saying that it is not registered in the state. Interpretation of this information: The recent filing of a lawsuit against CoinEx by Letitia James, the Attorney General of New York, regarding alleged regulatory violations has certainly grabbed the attention of the cryptocurrency industry. According to the lawsuit, CoinEx is not registered with the New York State Department of Financial Services (NYDFS), which is the regulatory body responsible for overseeing cryptocurrency exchanges operating…