Exchange

TL;DR An investor moved 2 trillion SHIB tokens from KuCoin to an unknown address following US legal action against the exchange. The company faces allegations of aiding in money laundering, leading to significant fund withdrawals amid the controversy. According to Whale Alert, a mysterious investor moved 2 trillion SHIB tokens (worth over $62 million) from the cryptocurrency exchange KuCoin to an unknown address yesterday (March 27), shortly after the company was targeted by US prosecutors.  2,000,000,000,000 #SHIB (62,232,000 USD) transferred from…

On May 28, the London Stock Exchange will launch ETNs tracking the price of Bitcoin and Ether, with applicants urged to express interest from April 8. The announcement boosted the price of both cryptos, with BTC soaring past $70,000 for the first time in two weeks as Ether surged over 8% to trade above $3,600. The London Stock Exchange will debut Bitcoin and Ether exchange-traded notes in two months, an announcement that has sparked price rallies for the two largest…

The US federal prosecutors charge KuCoin with anti-money laundering law violations, questioning its customer vetting processes. Despite legal challenges facing KuCoin, Bitcoin maintains a steady value, holding firm at $70,000, indicating continued investor confidence. Recent developments reported by Reuters reveal that KuCoin, a prominent global cryptocurrency exchange, is now facing charges from US federal prosecutors. The charges allege that KuCoin violated U.S. anti-money laundering laws by not implementing effective customer identification procedures since its inception in 2017. This alleged oversight…

Singapore, Singapore, March 26th, 2024, Chainwire OPZ Token ($OPZ) is an all-in-one solution that combines a wallet on iOS & Android, decentralized exchange, advanced AI trading, and NFC technology. It provides 1,000,000,000 tokens for traders. Using ERC-20, this token employs powerful AI trading technology to handle users' trades. Traders buy and hold the tokens, AI system then takes over, trading continuously on 10,000+ cryptocurrencies, such as Bitcoin, Ethereum, and Binance Coin. OPZ-AI: AI Analysis OPZ Token uses blockchain technology and sophisticated…

In a recent development, data from crypto analytics firm Glassnode shows that the amount of Bitcoin held on Coinbase has reached a 9-year low. This has raised the possibility of the flagship crypto rising to a new all-time high (ATH) of $75,000 soon enough.  BTC Held On Coinbase Drops Significantly  According to Glassnode, the Bitcoin balance on Coinbase dropped to a nine-year low of 344,856 on March 18. This suggests that Bitcoin investors are choosing to move their holdings off…

Road Town, BVI, March 26th, 2024, Chainwire In a significant move for cryptocurrency and mobile technology enthusiasts, LBank Exchange, a premier global digital asset trading platform, has announced the listing of Book if Meme 2.0 (BOME2) on March 23, 2024. Users of LBank Exchange can brace themselves for the BOME2/USDT trading pair, which went live already. Book of Meme 2.0 (BOME2) offers a second chance to dive into the evolution of meme culture of BOME. Introducing Book of Meme 2.0:…

The London Stock Exchange (LSE) plans to list crypto exchange-traded notes (ETNs) by May 28, after a regulatory shift by the Financial Conduct Authority (FCA).  According to reports, the LSE signalled its intent to start accepting proposals for physically backed-bitcoin- and ether-related ETNs, i.e. debt securities that would trade on the exchange during London trading hours. LSE Lays Out the Next Steps On Monday, in a notice, the LSE clarified the next steps for those looking to issue such products;…

The crypto industry is big enough for new and innovative players. Stellar (XLM) and Cosmos (ATOM) traders are predicting that Fezoo (FEZ), a new decentralized exchange (DEX), will become a platform of choice for users who want improved security, lower fees and transparency.  When Fezoo (FEZ) launches, will it be worth the salt of Stellar (XLM) and Cosmos (ATOM) traders who are eagerly waiting for its crypto exchange services? Stellar (XLM): Soroban Goes Live, $100 Million Allocated to Adoption Fund…

Cryptocurrency exchange OKX will reportedly terminate its services in India. The exchange advised customers to close their positions by April 30.  Due to local regulations, crypto exchange OKX will no longer offer its services in India. The exchange told its customers to close their positions by April 30, 2024. After the indicated date, customers may only withdraw funds from the exchange.  India Flags Numerous Exchanges for Operating Illegally According to a report by TechCrunch, crypto exchange OKX told its customers…