Cointime

Cointime

Download App
iOS & Android
Home / Projects

Cryptocurrency Exchange EDX Reportedly Switching Custody Providers from Paxos Trust to Anchorage Digital

June 27 (Cointime) - EDX, a cryptocurrency exchange launched last week with support from traditional finance heavyweights such as Citadel Securities, Fidelity Digital Assets, and Charles Schwab, is reportedly switching custody providers from Paxos Trust to Anchorage Digital.

EDX has a non-custodial business model to avoid conflicts of interest and supports trading in Bitcoin, Ether, Litecoin, and Bitcoin Cash. Since its launch, BCH has risen 70.43% in the week and 101.36% in the last month. EDX plans to introduce EDX Clearing later this year and declined to comment on the matter of its custody provider.

Bitcoin Cash
Comments

All Comments

Recommended for you

  • CointimeSG ·

    Decoding Bitcoin MEV: Insights and Implications

    The concept of Bitcoin MEV (Miner Extractable Value) emerged as early as 2013. Although fairly nascent relative to MEV on Ethereum, the burgeoning Bitcoin ecosystem with the introduction of metaprotocols such as BRC-20s, Ordinals, Runes promises to bring more programmability, expressivity, and MEV opportunities in future.
    Decoding Bitcoin MEV: Insights and Implications
  • CointimeSG ·

    Bitesize Insights: BTC active addresses accelerate - what about TON, BNB, and SOL?

    Glassnode now supports BNB and TON metrics, enabling ecosystem analysis across chains. Read below to see how you can perform a simple yet effective comparative analysis of key fundamental data with Bitcoin's $100K milestone as a backrop.
    Bitesize Insights: BTC active addresses accelerate - what about TON, BNB, and SOL?

  • XEX officially launched the Slerf/USDT perpetual contract at 19:00 (UTC+8) on November 22

    On November 22nd, XEX officially launched the Slerf/USDT perpetual contract at 19:00 (UTC+8).

  • Binance will launch SLERFUSDT and SCRTUSDT perpetual contracts

     Binance will launch SLERFUSDT and SCRTUSDT perpetual contracts with a maximum leverage of 75x on November 21, 2024 at 11:30 (UTC).

  • Lido is preparing a blockchain identity verification platform codenamed "Y" to compete with World Network

    According to insiders, Cyber Fund, led by Lido co-founders Konstantin Lomashuk and Vasiliy Shapovalov, is preparing a blockchain identity verification platform codenamed "Y" to directly compete with Sam Altman's World Network. Unlike World Network, which uses iris scanning for identity verification, the Y project will use users' social media and blockchain activity data, combined with Ethereum Attestation Service, to verify their identity. The solution aims to address the risk of biometric data leakage and minimize the potential for fraud.

  • The country's first digital RMB-based intellectual property securitization product was successfully issued

    "Yongxing-Guofu-Ningbo Intellectual Property Asset Support Special Plan (Specialization and Innovation)" with Yongzheng Asset Management as the manager and Yongxing Securities as the sales organization held a listing ceremony on the Shanghai Stock Exchange. The first issue size was 138 million yuan, with a term of 1 year and a coupon rate of 2.2%. The product's priority bond rating was AAA, and it was the first knowledge-based securities product to be invested in digital RMB form nationwide, and also a breakthrough in the Ningbo knowledge-based securities project.

  • APT breaks through $9.5

    market showed that APT broke through $9.5 and is now reporting at $9.51, with a 24-hour drop of 4.04%. The market is volatile, so please be prepared for risk control.

  • BTC falls below $72,000

    the market shows BTC has fallen below $72,000, currently trading at $71,959.7 with a 24-hour increase of 0.69%. The market is volatile, please be prepared for risk control.

  • BTC breaks through $67,300

    market data shows that BTC has broken through $67,300 and is currently trading at $67,301.99, with a 24-hour increase of 0.56%. The market is volatile, so please be prepared for risk management.

  • BTC falls below $67,000

    the market shows BTC has fallen below $67,000 and is now trading at $66,999.23, with a 24-hour decline of 0.6%. The market is volatile, so please be prepared for risk control.

Daily Must-Read

Popular Activities

Delysium $AGI & AI Private Yacht Party

Delysium $AGI & AI Private Yacht Party

March 27 - March 27
Seoul

Popular Tags

Cointime
News
Contents
RSS
Company