Crypto news

FTX Europe – the European subsidiary of the US crypto exchange FTX – collaborated with the music festival Tomorrowland. As part of the agreement, the trading venue will help its partner bring its “truly unique and magical events to the digital space by supporting their Web3, NFT, and crypto-related initiatives.” ‘People of Tomorrow’ to Jump in The World of Crypto The European affiliate of FTX – FTX Europe – joined forces with arguably the world’s largest dance music festival...

Bitcoin has fallen again. After a week or so of the world’s number one digital currency rising back above $40,000 and staying within that range, it looks like the asset has taken another tumble and at the time of writing, is trading for around $39,000 per unit. Bitcoin Takes Another Dive It appears the fight between Russia and Ukraine continues to bear heavy burdens on the digital asset. While some – such as Mark Mobius – have claimed that the battle in eastern Europe is...

INTERNET CITY, DUBAI, Mar. 10, 2022 – LBank Exchange, a global digital asset trading platform, will list BlueArk (BRK) on March 14, 2022. For all users of LBank Exchange, the BRK/USDT trading pair will be officially available for trading at 18:00 (UTC+8) on March 14, 2022. The emergence of metaverse concept has brought huge potential in evolution of human ecology. With advanced blockchain technology and features such as DeFi, NFT, and GameFi, BlueArk (BRK) is here to...

Samuel Reed – one of three co-founders of the BitMEX crypto exchange – has joined his colleagues Arthur Hayes and Benjamin Delo in pleading guilty to disobeying the Bank Secrecy Act’s anti-money laundering provisions. BitMEX is based in the East African Seychelles Archipelago, north of Madagascar. Founded in 2014, it facilitates the trading of cryptocurrency and related derivatives products. Like Hayes and Delo last month, Reed has pleaded guilty to “willfully failing to...

Yoon Suk-Yeol – a member of the Conservative party – won the South Korean presidential election. The new political leader of the East Asian country has demonstrated a pro-crypto stance. Not long ago, he vowed to increase the minimum threshold for paying capital gains tax on profits from digital asset investments. South Korea to Become a Crypto Hub? The presidential election was one of the most contested in the history of South Korea. Yoon Suk-Yeol – a 61-year-old former...

International Women’s Day is a day dedicated to uplifting women and honoring their achievements. One of the many reasons it was born is women’s constant fight for labor rights throughout history. Even today, gender discrimination in the workplace is still causing significant damages to society. This year we focus on breaking this bias that women are constantly faced with. LBank joins women all over the world to say #BreaktheBias. As a leading global digital asset...

INTERNET CITY, DUBAI, Mar. 3, 2022 – LBank Exchange, a global digital asset trading platform, will list TechPay Coin (TPC) on March 11, 2022. For all users of LBank Exchange, the TPC/USDT trading pair will be officially available for trading at 18:00 (UTC+8) on March 11, 2022. Public blockchains such as Bitcoin and Ethereum suffer from issues such as high transaction fees and the lack of scalability. To solve persistent problems in existing public distributed ledger...

EOS price started a fresh increase from the $1.88 zone against the US Dollar. The price is now trading below $2.10 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $1.975 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could resume decline if it stays below the $2.10 resistance zone. EOS price is showing bearish signs below $2.10 against the US Dollar, unlike bitcoin. The...

Litecoin is struggling to clear the $110 resistance against the US Dollar. LTC price is now trading below $105 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $106 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a fresh decline if it fails to stay above the $100 support zone. Litecoin price is struggling below $110 against the US Dollar, similar to bitcoin. LTC...

On March 8, Cega Finance announced that it had raised $4.3 million in a seed round led by Dragonfly Capital Partners. There was also participation from various DeFi and crypto VCs, including Pantera Capital, Coinbase Ventures, Alameda Research, and Solana Ventures. The platform, founded by former UBS derivatives trader Arisa Toyosaki, now has a valuation of $60 million. Cega aims to build the next evolution in DeFi derivatives by introducing “exotic derivative capabilities”...