Japan's Financial Services Agency warns crypto exchange LBank Exchange of not being registered to offer crypto trading
The Japanese Financial Services Agency issued a warning to the overseas cryptocurrency exchange "LBank Exchange", stating that it is not registered to provide cryptocurrency trading. The agency stated that "LBank Exchange's location and representative are unknown, and it conducts cryptocurrency asset trading business targeting Japanese residents through the internet." Last year in March, the Japanese Financial Services Agency warned four companies, including Bybit Fintech Limited, MEXC Global, Bitget Limited, and Bitforex Limited, for not being registered to provide cryptocurrency trading.
Dutch crypto exchange Bitvavo gets approval to operate in France
Bitvavo, a cryptocurrency exchange based in the Netherlands, has registered as a digital asset service provider with the French Financial Markets Authority (AMF) and will expand its services to French users. Bitvavo had previously been approved by regulatory authorities to provide services in Austria.
Bithumb announces launch of entrepreneurship support project, providing 30 billion won in funding
Bithumb announced the launch of the Bithumb Startup Support Project. The project aims to discover and cultivate promising young entrepreneurs with innovative ideas to develop the industry and promote business. It consists of two parts: the Bithumb Startup Contest and a 30 billion won (22.3 million USD) investment support for early-stage startups.
Binance to Support Chiliz (CHZ) 2.0 Mainnet Integration and Exchange
According to an official announcement, Binance will support the integration and exchange of Chiliz (CHZ) 2.0 mainnet, including Chiliz (CHZ) tokens and all Chiliz fan tokens on Binance. Chiliz fan tokens will be exchanged from Chiliz Legacy Chain and BEP20 standard to CAP20 standard at a ratio of 1:1.
Cream Finance attackers exchanged 1 million DAI for 596.34 ETH and transferred it to the exchange
According to PeckShield monitoring, the attacker of Cream Finance exchanged 1 million DAI for 596.34 ETH and transferred it to an exchange. The address currently holds $7.58 million worth of cryptocurrency, including 4,163.8 ETH and 604,200 DAI.
Crypto Payment Provider MoonPay Registered as a Virtual Asset Service Provider in Ireland
Cryptocurrency payment provider MoonPay has registered in Ireland as a Virtual Asset Service Provider (VASP). VASP-approved providers can offer fiat-to-crypto onramp solutions in Ireland, including five services such as exchange between digital assets and fiat currencies, exchange between digital assets and other digital assets, etc. However, at present, MoonPay is only authorized to provide the service of exchange between digital assets and fiat currencies.
Bitget's Rebranding Campaign and Stellar Results in 2023
Bitget is one of the few exchanges that has managed to stay afloat and achieve impressive results in 2023, thanks to its smart marketing strategy and Web3 integration. The platform boasts 20 million registered users and generated $74 million in profits in H1 of 2023. With operations in over 60 countries and a growing number of professional traders on its copy trading platform, Bitget has been ranked as the top 4th exchange by accumulated trading volume per quarter in the TokenInsight 2023 Q2 Exchange Report.
Kraken Teases Potential Listing of Reddit Moons, Native Token of r/CryptoCurrency Users
The native token of r/CryptoCurrency users on Reddit, Moons, saw a surge in value on Monday after representatives from Kraken hinted that it could potentially be listed on the exchange. Moons doubled in value, rising 104% to $0.19 over the past 24 hours. Reddit users earn Moons based on their activity in the subreddit and can use them for tipping between users.
Flipster Offers $1.5 Million Bonus to Attract New Users to Their Crypto Derivatives Trading Platform
Flipster (formerly AQX) has announced a bonus of 1.5 million USD to attract new users to their exchange and trade derivatives. This is in addition to previous campaigns that offered bonuses worth over 400,000 USDT.
The Price of DYDX Fell Around 8.5% After British Crypto Market Maker Wintermute Trading Deposited 2.6 Million DYDX ($5.08 Million) to the Exchange
July 4 (Cointime) -According to Lookonchain: British crypto market maker Wintermute Trading has deposited 2.6 million DYDX ($5.08 million) to the exchange, leaving 525,413 DYDX ($1.02 million). The price of DYDX fell about 8.5 percent after Wintermutt Trading began depositing DYDX to the exchange.
