There is a way for crypto exchanges and soccer clubs to work together. Another major soccer club is entering the cryptocurrency industry by tapping a partnership with a cryptocurrency exchange. SS Lazio, an Italian professional sports club, signed a multiyear deal with crypto trading platform StormGain. Announcing the news on Wednesday, StormGain said that it…
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Is this new DeFi trend here to stay? The DeFi frenzy has been making the headlines in the last few months, as crypto exchanges rush to list popular tokens within the decentralized finance sphere. However, another concept called “Elastic Finance” has emerged, which could be the next generation of financial platforms that can use unique…
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The boost may come down to the popularity of one specific token. Data indicates that Coinone, a South Korean exchange, saw its user base rise by about 10,000 people per month after listing Kakao’s klaytn (KLAY) token in June. The token was listed after Kakao, a tech giant who runs the most popular chat app…
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Hot wallet attacks have been making a lot of headlines lately. Crypto exchange Eterbase recently fell victim to a hack of its hot wallets. According to a statement issued by the Slovak Republic-based exchange, hackers extracted approximately $5.4 million from the exchange’s accounts on August 8. Shortly thereafter, Eterbase assured users that law enforcement had…
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This will be made possible thanks to an alliance between a number of top industry players. Minecraft, a best-selling game and worldwide phenomenon, is about to make its debut in the non-fungible token, or NFT, business thanks to a partnership between two players in the blockchain industry. According to the announcement, Japanese crypto exchange Coincheck…
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After providing initial seed funding to Luno in 2014, Digital Currency Group has acquired the cryptocurrency exchange platform. One of the largest organizations investing in blockchain companies, Digital Currency Group, or DCG, has acquired the British multinational cryptocurrency exchange Luno. DCG first bought a stake in Luno by investing in the exchange’s seed round in…
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Bithumb has remained quiet despite the second police raid in the course of a week. Bithumb, the largest cryptocurrency exchange in South Korea, is reportedly facing more police raids in Seoul. The Seoul Metropolitan Police Agency has conducted additional search and seizure checks at Bithumb’s headquarters in the Gangnam District on Sept. 7, local publication…
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Liquidity is one of the most important factors in a cryptocurrency exchange or brokerage’s long term success. A trading venue’s liquidity represents how easily a trader can use the platform to exchange one asset for another. If a trader sends a market order to buy or sell an asset and the venue can’t find enough…
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Russia’s law on digital assets has not affected Binance’s business in any way. International cryptocurrency giant Binance is not going to give up launching the Binance Card in Russia despite the upcoming ban on crypto payments. Binance, the world’s largest crypto exchange by daily trading volume, is working on the rollout of its crypto debit…
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Innovation comes with high reward and risk said the CEO’s exchange. Following SushiSwap’s dramatic drop, users blasted crypto exchange Binance for even listing the token in the first place. But Binance stands by its decision to back risky projects. Binance CEO Changpeng Zhao, better known as CZ, defended their decision to list projects and tokens…
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