Memecoin ‘retail mania’ could go the way of ICOs and NFTs, say execs

The total volume on the crypto exchange has fallen 4.9% in the last 24 hours. 1065 Total views 6 Total shares London-based cryptocurrency exchange EXMO suffered a distributed denial-of-service attack earlier today, causing the platform’s servers to become unavailable.In a tweet earlier today, EXMO reported that hackers had targeted the exchange with $75 million in…

OKEx, the world’s fifth-largest crypto exchange, announced on Oct. 29 plans to launch Tether (USDT) futures trading, featuring a linear contract with leverage of up to 100x. Stablecoin futures, the exchange said, offer a simpler and more efficient means to navigate the market, and could open the door for many new retail traders.Related: Bitfinex Cries…

Year-to-date, the price of Bitcoin (BTC) is up 40% against the United States dollar, and other major cryptocurrencies such as Ethereum and Litecoin have also demonstrated strong gains in the past four months.Performance of crypto assets in the past month. Source: coin360.ioLitecoin, for instance, recorded a staggering 208% increase in value since January — outperforming…

The Hong Kong Exchanges and Clearing Limited (HKEX) has partnered with blockchain firm Digital Asset to accelerate the post-trade process, financial news agency Finextra reports Oct. 31.HKEX had been working with Digital Asset to test a prototype system “in an effort to accelerate the post-trade process and reduce settlement risk.” According to Finextra, the system…

REvil’s ransomware gang is launching an auction of stolen data, including legal information hacked from Madonna. 2709 Total views 35 Total shares The ransomware gang REvil has launched an auction feature on the dark web in the past 24 hours, starting with the stolen data from a Canadian company and threatening to auction off information…

German securities marketplace Deutsche Boerse and Swiss state-run telecom Swisscom have settled securities transactions using different blockchain protocols. In a joint proof-of-concept (PoC) involving a number of banks, the participants exchanged money in the form of cash tokens against tokenized shares, Deutsche Börse officially announced on Nov. 19.Based on blockchain technology, the joint PoC intends…

The approval of a petition in Switzerland allowing FTX Europe AG's sale would be in accordance with U.S. bankruptcy court, where FTX's global business filed for Chapter 11. 85 Total views 3 Total shares Own this piece of history Collect this article as an NFTAccording to bankruptcy cryptocurrency exchange FTX, a court in Switzerland has…

Financial institutions all over the world are increasingly experimenting with emerging technologies like blockchain to streamline payment systems and achieve financial inclusion. In a new study, the World Bank has once again emphasized blockchain’s potential for financial inclusion.Issued by the Bank for International Settlements on April 14,the new report from the World Bank Group on…

Exchanges use leverage like banks with cryptocurrencies, the agency argues, appearing to support self-ownership of private keys. 3865 Total views 47 Total shares There is actually more than 21 million Bitcoin (BTC) in the world, ratings agency Weiss has claimed as it eyes major exchanges.In a tweet on May 25, Weiss, which is well known…