Posted 1 minute ago In ~ Zipmex Thai has suspended new deposits and trading on the exchange citing compliance with regulations of the Securities and Exchange Commission of Thailand (SEC), according to a statement posted on the exchange’s Facebook page. The exchange stated that withdrawals will be processed normally until January 31, 2024, at which point customers should contact the exchange’s customer support team for assistance with withdrawing funds. Zipmex, which is headquartered in Singapore but also provides services in Thailand, Australia and Indonesia, was penalized by Thailand’s SEC for allegedly misusing digital asset management services and diverting customers to…
Author: Crypto Flexs
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Over the past few weeks, we have been closely monitoring security and safety in Istanbul. In particular, we focused on how events in Israel and the Gaza Strip could impact the safety of attendees. We try to assess the risks every time we host an event. For Devconnect Istanbul, we consulted with our event organizer partners, local community members, and monitored government warnings that affected our community or region. We have recently taken the further step of working with an external risk advisory service to consider where and how we need to make changes to reflect local circumstances. Before further…
Renowned market analyst Ali Charts recently shared his insights while predicting a bullish trajectory for XRP. Known for his market predictions, Ali expects XRP to face a major breakout and potentially rise to a significant price range soon. Expert Analysis on XRP Movement Ali Charts recently turned its attention to XRP. In his latest analysis, Ali predicts a promising upside for XRP and expects XRP to break out of a “parallel channel going down.” This optimistic forecast points to a rapid rise targeting the $0.65-$0.66 range. This analysis is supported by a detailed chart shared by Ali that illustrates a…
RocketX is a CEX and DEX aggregator that allows cross-chain trading of hundreds of cryptocurrency assets. This is possible through the platform’s application programming interface (API), which is currently available in beta. The integration will allow users to transfer crypto tokens to any dApp and will benefit DeFi, NFT marketplaces, and gaming across other ecosystems. RocketXa cross-chain centralized and decentralized exchange integrator, has launched the beta version of its developer application programming interface (API). This allows CEX and DEX integrators to provide multi-chain crypto swaps to any decentralized application (dApp) through a single API. Users can utilize the API to…
Bitstamp is registered as a cryptocurrency exchange in France. One of the most sophisticated EU regimes has recognized Binance, Bitpanda, and Société Générale. Bitstamp has officially registered with the French Financial Markets Authority, according to the regulator’s website. It joins Binance, Bitpanda, and Société Générale’s Forge division in the EU’s most sophisticated crypto regime. Upon registration, company management must be competent, reputable and comply with money laundering regulations. Bitstamp, based in Luxembourg, London and New York, is already registered in Spain and Italy. The European cryptocurrency sector is currently awaiting the introduction of MiCA, the EU’s Crypto Asset Market Regulation,…
Taipei-based cryptocurrency trading firm Kronos Research has admitted that a security breach resulted in a $26 million hack. Protects against unauthorized access to API keys. The incident temporarily halted trading activity on Woo Network, a major cryptocurrency trading platform. Kronos Research Acknowledges Hacking On November 19, Kronos Research disclosed the hack. After confirming the security lapse, the company suspended all trading operations to address the breach, emphasizing that an investigation is ongoing. Kronos Research ensured a stable position for its stakeholders despite significant losses. They also promised to compensate all losses without affecting their partners. “The current loss amounts to…
CryptoInsightUK, a renowned cryptocurrency analyst, XRP Prices could replicate the notable 61,000% gains enjoyed in 2017. Although the analyst seemed uncertain about how things would play out, he did provide some insight into what the future holds for XRP. XRP Price Repeats 61,000% Move Will Become Harder in post On his X (formerly Twitter) platform, CryptoInsightUK highlighted how XRP exploded in 2017. The cryptocurrency token reportedly returned 61,000% in 280 days. Regarding Whether repetition can occur, he noted, would be more difficult because the market capitalization would have to be large. But he didn’t rule out that it might be…
The SEC sued cryptocurrency exchange Kraken for operating without a registered cryptocurrency exchange. This move is causing a lot of confusion within the cryptocurrency space amid the recent Binance-DoJ scenario.Kraken’s Response to the SEC’s Motion for Summary Judgment.San Francisco-based Kraken will vigorously defend its practices. The exchange argues that regulation of cryptocurrency exchanges falls under the jurisdiction of Congress, which has yet to enact legislation on the matter. In that view, the suit was legally flawed and ill-considered. It provided assurance to our large customer base of over 10 million customers that operations and services would not be disrupted.In this…
Mizuho analysts expect Coinbase’s revenue to reach up to $652 million in the third quarter. Dan Dolev continues his sharp decline in cryptocurrency stocks to $27. Coinbase stock is already down about 35% from its YTD high. Mizuho on Wednesday lowered its quarterly revenue estimates for Coinbase Global Inc. The company’s shares were down 1.0% at the time of writing. Dan Dolev shares his thoughts on Coinbase. Dan Dolev now expects the cryptocurrency exchange to report revenue in the third quarter, about 7.0% lower than previous forecasts. In a research note to clients on Wednesday, he said: The decline in…
Ethereum (ETH) is witnessing a surge in price due to growing institutional interest in the second-largest cryptocurrency by market cap after Bitcoin (BTC). As bullish sentiment grew, the price of Ethereum rose 26.2% in 30 days. The fact that ETH is trading above $2,000 could indicate that more interest is being focused on Ether, and this new bullish momentum has pushed the price of ETH up 69.5% year-to-date. Ether price. source: TradingViewLet’s review some of the reasons for Ether’s newfound strengths. As Spot ETH ETF Hype spreads, Institutional Interest Soars.The institutional investor hype began on November 1, when the U.S.…