Crypto news

INTERNET CITY, DUBAI, Oct. 8, 2022 – LBank Exchange, a global digital asset trading platform, has listed BOOSTER (BST) on October 8, 2022. For all users of LBank Exchange, the BST/USDT trading pair is now officially available for trading. Utilizing the power of blockchain and Web3 technology, BOOSTER (BST) enables its users to be rewarded through their lifestyle with its M2E model. Its native token BST has been listed on LBank Exchange at 12:00 UTC on October 8, 2022, to...

INTERNET CITY, DUBAI, Oct. 10, 2022 – LBank Exchange, a global digital asset trading platform, has listed ABEY on October 10, 2022. For all users of LBank Exchange, the ABEY/USDT trading pair is now officially available for trading. As a multi-layered programmable blockchain, ABEYCHAIN enables faster transaction speeds with lower gas fees, while providing high levels of scalability and consistency without significant reduction to decentralization. Its native coin ABEY...

INTERNET CITY, DUBAI, Oct. 10, 2022 – LBank Exchange, a global digital asset trading platform, has listed XENO Governance Token (GXE) on October 10, 2022. For all users of LBank Exchange, the GXE/USDT trading pair is now officially available for trading. As a PvP game based on Web3 with GameFi aspects, PROJECT XENO enables players to battle using unique NFT characters and win the battles to earn tokens. Its native token XENO Governance Token (GXE) has been listed on...

Solana price started a fresh decline from the $34.50 resistance zone against the US Dollar. The price is now trading below $33 and the 55 simple moving average (4-hours). There was a break below a major contracting triangle with support near $33.00 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair could extend losses if there is a clear move below the $30.40 support zone. Solana price is trading below $33 against the US Dollar, similar to...

INTERNET CITY, DUBAI, Oct. 10, 2022 – LBank Exchange, a global digital asset trading platform, has listed SupplyCon (SPLC) on October 10, 2022. For all users of LBank Exchange, the SPLC/USDT trading pair is now officially available for trading. Revolutionizing the global supply chain using blockchain technology, SupplyCon (SPLC) advocates the ‘Global Strategic Mineral Supply Chain’ and ensures continuous and stable supply of core minerals. Its native token SPLC has been...

Cryptocurrencies are supposed to be censorship resistant… Cryptocurrency exchanges, not so much. Bittrex found this out the hard way after a record fine imposed by the U.S. regulators. On October 11, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) and the Financial Crimes Enforcement Network (FinCEN) announced that Bittrex, a Washington-based cryptocurrency exchange, will be fined $53 million for violating multiple securities laws. According to...

Scammers have reportedly sent consumers a new Solana Phantom security update assuring it will grant additional protection. However, wrongdoers have installed password-stealing malware through airdropped NFTs and used them to drain cryptocurrency from the affected wallets. Another Scam in the Space A recent coverage revealed that the scheme started two weeks ago when NFTs called “PHANTOMUPDATE.COM” or “UPDATEPHANTOM.COM” reached some Phantom users. Upon opening, they were...

Legendary billionaire hedge fund manager Paul Tudor Jones revealed that he still holds a small portion of bitcoin while stating that the U.S. economy might be going into recession or already is in one. Tudor Jones also said the value of assets such as ETH and BTC could increase amid inflation and excessive fiscal spending. Jones Remains Optimistic About Bitcoin In a CNBC interview on Monday (October 10, 2022), Jones stated that there has been a “massive experimentation with...

Yuga Labs – the team behind the popular Bored Ape Yacht Club (BAYC) NFT collection – is now under investigation by the Securities and Exchange Commission (SEC). The commission is examining whether the company violated securities laws by issuing certain NFTs, or through their newly launched crypto token ApeCoin.  SEC Versus NFTs A person unfamiliar with the matter told Bloomberg that the SEC seeks to find out whether some of the firm’s NFT more closely resemble stocks, and if...

San Francisco-based blockchain firm, Ripple, announced its first On-Demand Liquidity (ODL) customers in France and Sweden. According to the company, the European market is ripe for disruption with RippleNet-powered ODL. The main aim of the partnerships is to facilitate real-time payments across borders utilizing by Ripple’s financial technology – RippleNet – across the two regions. Ripple’s New Partners in France and Sweden As part of the deal in France, Ripple inked a...