In recent years, Dubai has gradually become a new center in the crypto world, as its freezone greenlights crypto trading, and more exchanges have established offices in this city. On 10-11th October 2021, LBank Exchange co-hosted the 2nd Blockchain Dubai Summit & Awards in Dubai Expo 2020, India Pavilion. This was an exclusive event for investors, business leaders and high net-worth individuals. As a world class digital asset trading platform, LBank was one of the...
Read More »Tether and Bitfinex to Pay $42.5M for Violating CTFC Rules
Why do I have to complete a CAPTCHA? Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. What can I do to prevent this in the future? If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware. If you are at an office or shared network, you can ask the network...
Read More »Tether and Bitfinex Ordered to Pay $42.5 Million Fine by the CFTC
The United States Commodity and Futures Trading Commission (CFTC) has ordered Tether and Bitfinex to pay fines worth $42.5 million. In a release from today, October 15th, Tether Holdings Limited, Tether Limited, Tether Operations Limited, and Tether International Limited – all companies associated with the issuer of the largest stablecoin USDT, Tether, were ordered to pay a fine worth $41 million. This was issued by the CFTC on the grounds of “misleading statements and...
Read More »LBank Exchange Will List BTA (Bitcoin Asset) on October 11, 2021
INTERNET CITY, DUBAI, Oct. 11, 2021 – LBank Exchange, a global digital asset trading platform, will list BTA on October 11, 2021. For all users of LBank Exchange, the BTA/USDT trading pair will be officially available for trading at 22:00 (UTC+8) on October 11, 2021. More than a decade ago, Bitcoin introduced itself to the whole world, since then, the crypto space has grown rapidly and created one miracle after another. Today, a brand new asset named Bitcoin Asset is...
Read More »Idexo Raises $3.35m In Token Sales as USDT-Rewarding Staking Pool Launched on October 5
[PRESS RELEASE – Gibraltar, Gibraltar, 5th October 2021] Idexo is excited to announce the completion of its Token Generation Event (TGE) in stealth mode in late September 2021. That successful event occurred a few days after completing a successful IDO launch sale, raising nearly $800,000. To date, Idexo has raised $3.35 million through token sales before launching. Idexo, the technology stack that empowers creative entrepreneurs to build industry-disrupting applications, has...
Read More »Third IEO Round for Advertisement Platform AdMonstar Underway
[PRESS RELEASE – Please Read Disclaimer] Following two successful rounds of token sales in their Initial Exchange Offering (IEO), the third fundraising round for blockchain-based advertisement platform AdMonstar is off to an exciting start. AdMonstar is seeking to change the fundamental principles by which digital advertising operates, using the power of decentralization to cut through third-party costs while delivering more meaningful engagement to advertisers. The AdMonstar...
Read More »Canadian Biconomy Exchange Launched Native Token – BIT
[PRESS RELEASE – Please Read Disclaimer] Now, the exchange has launched a new native token – BIT. The BIT token has a multitude of uses, making it an extremely promising investment prospect. The BIT token is now publicly traded and is available to investors on the PancakeSwap starting on 06.09.2021. BIT Token Utilities Biconomy Token is the native cryptocurrency exchange token of Biconomy.com. Biconomy’s reputation and development is a significant factor in BIT’s value....
Read More »LBank Exchange Will List ARV (ARIVA) on September 29, 2021
INTERNET CITY, DUBAI, Sept. 28, 2021 – LBank Exchange, a global digital asset trading platform, will list ARV on September 29, 2021. For all users of LBank Exchange, the ARV/USDT trading pair will be officially available for trading at 22:00 (UTC+8) on September 29, 2021. The tourism and travel industry is one of the largest and most important industries of the world economy, a project named ARIVA is trying its best to integrate crypto space with it. ARV, the BEP20 token...
Read More »Bitfinex Paid Over $23 Million in ETH Fees to Send $100K Worth of USDT
The cryptocurrency market never ceases to amaze. One of the most popular centralized exchanges – Bitfinex – spent over $23 million worth of fees to send $100K USDT using Ethereum’s network. In what seems to be the most expensive transaction made on Ethereum, Bitfinex, the well-known cryptocurrency exchange, paid over $23M worth of ETH. Interestingly enough, the transaction itself intended to send $100,000 worth of USDT. According to Etherscan, Bitfinex paid a grand total of...
Read More »Decentralized Exchange Portal Gets a Lot of Money from Coinbase
Portal – a layer two wallet system and cross-chain decentralized exchange centered around bitcoin – has received approximately $8.5 million in new funding from Coinbase, one of the world’s most popular digital currency platforms. Portal works to establish defi products using bitcoin that cannot be censored and enables private cryptocurrency trades. Portal Snags a Lot of Dough In addition to Coinbase, funds came by way of some of the biggest capital venture funds in the...
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