Exchange

ShibaSwap integrates with Shibarium, enabling dual-platform operations and enhancing decentralized exchange functionalities. The integration fosters community engagement and drives innovation within the DeFi space. On May 15, 2024, in Dubai, SHIB revealed a major development: the integration of its decentralized exchange, ShibaSwap, with Shibarium. As reported by GlobeNewswire, this strategic move allows ShibaSwap to operate across both the Ethereum and Shibarium platforms. The integration not only enhances ShibaSwap’s capabilities by introducing features like an improved dashboard and discovery charts for…

Bahrain-based crypto exchange Rain is reeling from a significant security breach, according to recent findings by on-chain investigator ZachXBT.  Details of Exploit The exploit, which occurred on April 29, 2024, resulted in a staggering loss of approximately $14.8 million. ZachXBT's investigation revealed suspicious outflows from Rain's BTC, ETH, SOL, and XRP wallets on the day of the exploit. The funds were swiftly moved to instant exchanges and exchanged for BTC and ETH. The stolen funds were then divided into wallets…

The post Bancolombia Launches Crypto Exchange – Wenia appeared first on Coinpedia Fintech News Bancolombia, one of the largest banking companies in Colombia, launched Wenia, a cryptocurrency exchange that will seek to disrupt the cryptocurrency space in the country.  Wenia aims to fight market share from Binance and Bitso by offering high levels of security linked to financial groups to newcomers. It estimates reaching 60k users in the launch year, given Colombia being the third nation with the most cryptocurrency…

Earlier this year, Retik Finance (RETIK) concluded its presale, raising an impressive $32,050,000 in less than 75 days. This achievement cemented Retik Finance's position as a leading contender in the decentralized finance (DeFi) space. Retik Finance (RETIK) is now set to make its highly anticipated debut on multiple exchanges and Uniswap on May 21, 2024, at 12 PM UTC. This milestone marks a significant step forward for the project, as investors await the opportunity to participate in the token's trading.…

[PRESS RELEASE – George Town, Cayman Islands, May 9th, 2024] Since its creation in 2018, SimpleSwap has been committed to providing its customers with straightforward, swift, and secure cryptocurrency exchange services. Celebrating its six-year anniversary in the market, this platform takes pride in its achievements and the changes it has undergone during this time. SimpleSwap’s Growth Over the course of six years, SimpleSwap has made significant steps in its development. Its client base has grown greatly, with customer loyalty emerging…

The post XRP Exchange Operator Sentenced to 8 Years Imprisonment By South Korean Court appeared first on Coinpedia Fintech News Anonymous XRP exchange operator, Mr. A is being sentenced to 8 years in prison as he was convicted of serious crypto fraud and embezzled around 4.6 billion Korean won i.e. $3.3 million. Since 2015, Mr A has been a central figure in the South Korean crypto market in his attempts to defraud investors by promising to purchase XRP tokens at…

The post Crypto Exchange Coincheck To Debut Into Wallstreet With SPAC Merger appeared first on Coinpedia Fintech News The Japanese crypto exchange Coincheck is gearing up for a debut on Wallstreet through a Thunder Bridge Capital Partners IV, a SPAC (special purpose acquisition company) listed on NASDAQ. The proposed partnership aims at positioning Coincheck as a publicly listed entity on the Nasdaq Global Select Market. The merger is set to be finalised in the second/ third quarter subject to regulatory…

Although the crypto market is brewing with several opportunities, the current trend signifies a period of volatility. This is especially true for meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB), whose success hinges heavily on hype and community. However, recent trends suggest a shift in gears for some big-money investors, with whales abandoning ship and setting sail for a new frontier – the DTX Exchange presale. Shiba Inu Woes as Memecoin Loses Steam After Early 2024 Rally Shiba Inu…

The post Leading Colombian Bank “Bancolombia” Launches New Crypto Exchange And Introduces A Stablecoin! appeared first on Coinpedia Fintech News The leading bank of Colombia and Latin America, the Bancolombia Group has entered into the crypto space by launching its own crypto exchange “Wenia”. Further, it has also launched its own stablecoin “COPW”. Wenia was launched to end Bitso’s and Binance’s dominance in the Colombian crypto exchange industry and offer high-level security linked to the financial group to the newcomers…