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BingX is launching USDC-margined trading, a Launchpad and Launchpool as it celebrates its sixth anniversary. The platform plans to expand to Turkey, Vietnam and Argentina The exchange will also collaborate on a Netflix documentary aimed at animal protection and conservation.  Crypto ex change BingX is set to expand its crypto services and products to Turkey, Vietnam and Argentina, according to a press release published on Monday. The exchange’s global expansion will include localized products and campaigns, as well as key partnerships. BingX to launch USDC-margined futures trading BingX will also launch USDC- margin futures trading on its platform. There are also plans to expand the range of crypto assets for trading margin, while users will benefit from key updates on coin-margined futures trading, the exchange noted in the announcement. Also notable is BingX’s unveiling of a Launchpad and Launchpool, all part of a global expansion ...

Shiba Inu, one of the pioneers of meme coins, has recently struck gold with a new exchange listing, signalling a significant milestone for the project. Meanwhile, Monero and Rebel Satoshi ($RBLZ) are poised to capitalize on this momentum, gearing up for potential listings of their own. Let’s delve into the details of these developments and what they mean for the crypto landscape. Shiba Inu’s triumph Shiba Inu, the popular meme Crypto currency, has achieved a significant milestone with its recent listing on a new exchange , marking a pivotal moment for the project. Gate, a major crypto exchange, has announced plans to broaden the trading capabilities of BONE, a token affiliated with the Shiba Inu ecosystem. This development marks a significant milestone for Shiba Inu as it expands the reach and accessibility of its native tokens. With Gate’s decision to include BONE in its margin trading section and offer it as a borrowable asset, traders now ha...

Coinbase has announced the expansion of its services to emerging economies, with an initial focus on 20 countries in Africa. The crypto exchange revealed in a blog post on Jan. 11 that it is now focusing on African markets through its new partnership with Yellow Card, an on-and-off ramp service for cryptocurrencies in Africa. Crypto is here to stay — helping drive a more open, access ible, and global financial system. Coinbase products will now be available in Africa, starting with 20 countries across the continent. Learn more about our partnership with @yellowcard_app: https://t.co/IsZueHmbOU pic.twitter.com/Y0oZOwwdxr — Coinbase ️ (@coinbase) January 11, 2024 With the partnership between Yellow Card and Coinbase‘s investment arm, Coinbase Ventures, the U.S.-based crypto exchange aims to provide millions of users with access to Circle’s USDC stablecoin on Base, a layer-2 network developed by Coinbase. The exchange added that starting from February, users fro...

According to a Jan. 10 blog post by Wu Blockchain, spot trading volume on major crypto exchanges increased by 27.4% month-on-month. The top three by percentage change were Gate with 65%, Crypto.com with 50%, and Bybit with 44%. The three that fell the most were BitMart by 24%, Bitget by 12%, and Upbit by 1%. Website traffic saw a 21% increase compared to the previous month. The top three by percentage change were Mexc with 45%, Bybit with 38%, and Gate with 34%. The bottom three were Huobi, which fell by 80%; BitMart, which decreased by 17%; and Bitget, which saw an 8% decline. December was a month of significant growth for the largest crypto ex change s. In November 2023, traffic on cryptocurrency ex change s grew by 8.5% compared to the previous month, and spot trading volume s grew by more than 60% during the same period. The top three regarding volume included Binance, South Korean Upbit, and OKX. In percentage terms, trading volumes increased the most on KuCoin, which mor...

The Chicago Board Options Exchange (CBOE) has filed two applications seeking the SEC’s approval for the ARK 21Shares Ethereum ETF and VanEck. The filing of the 19b-4 form is dated Sept. 6. A 19b-4 form is usually presented by self-regulatory organizations, such as the CBOE, asking for a specific requirement from the SEC. The SEC will have 240 days to decide if the Ethereum (ETH) ETF will be approved or denied. You might also like: Grayscale urges SEC to approve its spot Bitcoin ETF filing What is an ETF? Exchange-traded funds (ETFs) have recently become a simplified and convenient investment option for many assets, including cryptocurrencies like Bitcoin (BTC). ETFs allow investors to gain exposure to the performance of an asset or a combination of assets without actually owning them. Bitcoin ETF tracks the price of Bitcoin, allowing investors to invest in the world’s major crypto without the need to purchase and manage the cryptocurrency themselves. This eli...

A World Federation of Exchanges survey found that 41% of the participating trading venues already offer crypto -related services or products. Furthermore, according to the survey results published on Sept. 5, 24% of the platforms without such offerings plan to offer crypto-related products or services. The study was focused on cryptocurrency trading infrastructure and included comments from 29 trading venues. While most platforms already offer crypto products or services to their customers or plan to, over a third do not have such plans. The World Federation of Exchanges also found that the demand for crypto products is greater among retail investors than institutions. Furthermore, retail investors are more interested in products such as non-fungible tokens (NFTs) and stablecoins — whereas institutions tend to request security tokens and custody services. Over one quarter (26%) of the respondents also expect cryptocurrencies to go mainstream within five years. You might ...

Bitcoin (BTC) returned to exchanges en masse on July 27 in a sign that “major volatility” could come next. According to data from on-chain analytics firm Glassnode, intraday BTC exchange inflows have hit multi-month highs. Trader warns of BTC price volatility “spike” BTC price action continues to linger below $30,000, and traders have consistently warned that further downside could come next. At current levels, Bitcoin’s largest-volume investor cohort, the whales, appear to be in a state of flux in an unclear market. Now, with large tranches of coins on the move in recent days, attention is focusing on entities sending funds to exchanges — with the implication that selling pressure could increase as a result. As noted by market observers, including James Straten, research and data analyst at crypto insights firm CryptoSlate, over 10,000 BTC in inflows on a single day represented the biggest one-day increase for several months. “Yesterday, the most amount of Bitcoin went back onto exch...

Major crypto exchange Huobi has quietly fixed a data breach in which a bad actor could have stolen user assets, spread malware, learned the IP address of every over-the-counter (OTC) trader since 2017, and identified nearly 5,000 crypto whales on the platform, according to a white hat hacker. Citizen journalist Aaron Phillips discovered the data breach occurred in the summer of 2021, when Huobi accidentally shared a file containing AWS credentials. However, after learning about the breach in 2022, it took Phillips an entire year to get the exchange to confirm that the breach had been fixed. “For two years, every user who logged into a Huobi website or app was potentially at risk of losing their account,” the citizen journalist wrote. “An attacker exploiting Huobi’s mistakes would have had the opportunity to carry out the largest crypto theft in history. ” Huobi data breach exposed 5,000 whales Huobi accidentally published the sensitive file in June 2021. According to Phillips...