BLOCKCHAIN

Missed BINANCE Don’t Missed OTX-Open Trade Exchange

[ad_1] Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. In a dynamic twist to the ever-evolving cryptocurrency market, a new player has emerged on the scene — OTX Exchange. Positioned as a formidable competitor to the industry titan Binance, OTX has swiftly garnered attention by aiming to challenge the established norms and redefine the cryptocurrency exchange landscape. With its audacious vision and innovative approach,
Bitcoin News

LeverageSix.com Reviews | Breaking Boundaries in Cryptocurrency Trading: A Deep Dive

[ad_1] Advertisment In today’s dynamic digital trading realm, LeverageSix emerges as a potential contender drawing the attention of many, especially in the cryptocurrency sector.Our mission is to dissect platforms across the spectrum, and today, we venture into the crypto-centric offerings of LeverageSix. The Cryptocurrency Advantage with LeverageSix: A Detailed Examination Unparalleled User Experience (UX): The very foundation of LeverageSix is built upon a user-centric approach. From intuitive dashboards to streamlined
BLOCKCHAIN

Justin Sun’s HTX Reports $98 Million Profit in Q3 2023, Forecasts Strong Performance for Q4

[ad_1] Source: a video screenshot, Tron Live / YouTube HTX, the crypto exchange formerly known as Huobi Global and owned by Chinese blockchain personality Justin Sun, has announced a profit of $98 million for the third quarter of 2023. In a recent post on X (formerly Twitter), Sun claimed that HTX generated $202 million in revenues during the quarter, with expenses totaling $104 million. Despite the challenging market conditions in
BLOCKCHAIN

Taiwan Advances Crypto Regulation as Draft Act Passes First Reading in Parliament

[ad_1] Source: Pixabay Taiwan parliament, the Legislative Yuan, has passed the first reading of a proposed crypto law that would regulate the crypto asset industry. Taiwan has taken a significant step toward regulating the crypto sector by proposing a special crypto law, which has passed its first reading at the Legislative Yuan (Taiwan’s parliament). This proposed law, co-authored by Yung-Chang Chiang and 16 other lawmakers, would require all cryptocurrency platforms
BLOCKCHAIN

New Presale Milestone – Chimpzee Burns 1 Billion Tokens, Makes Donations to Save Wildlife in Ukraine

[ad_1] Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. The Chimpzee presale is closing in on its conclusion as it enters the 14th stage. There are 16 stages in the presale in total. Investors are piling in on the presale to hoard CHMPZ tokens before the next price rise. The current stage comes with up to 4X bonus for early participants. Once the presale
BLOCKCHAIN

8 More Arrested in JPEX Scandal as Amount Exceeds $213 Million

[ad_1] Source: Billy H.C. Kwok/Bloomberg Hong Kong Police arrested 8 more people on Thursday in the JPEX scandal, taking the total of arrested individuals in the alleged fraud to 36. The police also revealed that a total of 2,595 people have reported losses in the JPEX crypto exchange. The total amount that has been defrauded in the alleged scam has ballooned up to 1.6 billion yuan, equivalent to $213 million.
ALTCOIN

BTC Steady Near $34,000 Amid ETF Buzz, UK Law & FTX’s Crypto Shift

[ad_1] Bitcoin , the pioneering cryptocurrency, faced a slight setback as it dipped to 34,146, marking a nearly 1.75% decline this Friday. This downturn comes amidst a flurry of activity in the crypto sphere. The US Securities and Exchange Commission (SEC) has been flooded with eight to ten potential Bitcoin ETF product submissions, hinting at an evolving landscape. Meanwhile, across the pond, the UK government has greenlit legislation that empowers
BLOCKCHAIN

Upbit Dominates Korean Crypto Exchange Market With a Market Share of 80%: Research

[ad_1] Source: Pixabay Upbit has solidified its position as the dominant player in South Korea‘s crypto exchange market, boasting an impressive market share of 80%. According to recent research by DeSpread, Upbit’s market dominance has remained strong throughout the year, with a brief dip to 70% in August quickly followed by a rebound to 80% the following month. While Upbit takes the lead, other major exchanges in South Korea, such as
BLOCKCHAIN

Yuga Labs Awarded $1.6 Million in Damages in NFT Copyright Infringement Lawsuit Against Ryder Ripps

[ad_1] Source: AdobeStock / alexandarilich A California federal judge said that Yuga Labs, the blockchain company behind some of the most popular collectibles of the NFT boom, is entitled to receive nearly $1.6 million in damages, plus legal fees, from a conceptual artist and his business partner who copied Bored Ape’s NFT art. On October 26, the U.S. District Judge, John Walter, determined that Yuga Labs, the creator of the
BLOCKCHAIN

Indian Banks Offer Rewards to Encourage Digital Rupee Adoption

[ad_1] Source: Pexels / Canva Indian banks are actively promoting the adoption of the central bank digital currency (CBDC), digital-rupee, by offering a range of incentives to encourage users to conduct transactions with the national digital currency. These incentives include cash-back rewards and reward points, Reuters reported citing sources close to the matter. RBI Pushes Banks to Boost CBDC Transaction Volume The initiative to promote the digital rupee or e-rupee