Cryptocurrency Analysis and News Portal
Lumi IPO’s success is seen as a positive indicator for other Saudi companies contemplating going public. In a dazzling debut on the Riyadh stock exchange, Lumi Rental Co., the Saudi Arabian auto rental firm, witnessed its shares surge by an astonishing 30% on its first day of trading. The Initial Public
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South Korea cryptocurrency exchange Upbit has resumed Aptos (APT) deposits and withdrawals again after fixing an issue that saw a scam APT token incorrectly recognized as the real deal. On Sept. 24, Upbit abruptly halted Aptos token services after noting an “abnormal deposit attempt,” prompting an inspection of the wallet
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The crypto casino Rollbit has decided to wind down its degen exchange due to “uncertainty and low adoption” a little over a month after its launch on Aug. 17 with pilot tokens like RLB and UNIBOT. Degen exchange users cannot no longer buy assets on the platform, although token sales and
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The rapid increase in the value of Immutable’s IMX token has attracted not only the interest of crypto fans but also remarks from industry experts. In a surprising turn of events, ImmutableX (IMX) is experiencing a remarkable surge of 38.1% in just a few hours this morning following a corresponding trading
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CoinEx, a cryptocurrency exchange, has announced plans to resume its deposit and withdrawal services. The crypto platform was forced to shut down
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The Australian Securities and Investments Commission (ASIC) has commenced civil penalty proceedings against Bit Trade, the provider of the Kraken crypto exchange in Australia, for failing to comply with design and distribution obligations for one of its trading products. According to a Sept. 21 media release from ASIC, the Australian financial regulator
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Troubled Hong Kong crypto exchange JPEX has applied for deregistration in Australia.According to a filing seen by Cointelegraph on September 20, Jieyi Chen, director of JP-EX Crypto Asset Platform PTY LTD (JPEX), has filed a deregistration application with the Australian Securities and Investment Commission (ASIC). In the filing, JPEX claims
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Nexera Exchange, a decentralized exchange (DEX) by AllianceBlock, has unveiled its first trading feature, an on-chain limit order book, according to a press release shared exclusively with crypto.news on Sep. 19. Nexera’s on-chain limit order book The Nexera Exchange, designed as an intermediary layer, is focused on enhancing user interactions with any
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Debtors of the bankrupt cryptocurrency exchange FTX have launched action against the parents of FTX founder Sam Bankman-Fried, alleging that they misappropriated millions of dollars through their involvement in the exchange’s business.The counsel for FTX debtors and debtors-in-possession, represented by the law firm Sullivan & Cromwell, on Sept. 18 filed
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BAM’s lawyers, however, alleged those requests were “unduly burdensome,” forcing BAM to take on “significant expense[s],” according to the filing. In addition, some of the documents are either not in the exchange’s possession or fall “outside the scope” of what is pertinent to the SEC’s investigation, the lawyers alleged. Source
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