KuCoin Ventures Announces Strategic Investments in ELFi Protocol

KuCoin Ventures, the investment arm of the global cryptocurrency exchange KuCoin, has announced a strategic investment in ELFi, a cutting-edge decentralized derivatives trading platform. This collaboration marks a significant milestone in the evolution of the cryptocurrency derivatives market, emphasizing the strategic partnership between the two entities. ELFi has been at the forefront of innovation in the decentralized finance (DeFi) space, offering a suite of advanced trading functionalities that cater to both retail and institutional investors....

BingX Shines as Diamond Sponsor at GM Vietnam 2024

BingX, a leading cryptocurrency exchange, is proud to announce its Diamond Sponsorship for the notable GM Vietnam 2024 event. This pivotal event is scheduled for June 7 and 8 at THISKYHALL in Ho Chi Minh City, Vietnam, and is expected to draw significant attention from the blockchain community. Highlighting the occasion, BingX’s Chief Product Officer, Vivien Lin, is set to deliver a keynote address in the event’s opening session. Vivien will also participate in a panel discussion focusing on “The Search for the Next Web3...

Middle East crypto market surges, daily traders up 166% in year

Bitget Research, the research arm of the world’s leading cryptocurrency exchange and Web3 company Bitget, has released an in-depth report on cryptocurrency adoption in the Middle East region. The document delves into key aspects influencing the rate of adoption, as well as their impact on user behavior. Key takeaways: In 2024, there was an average of 500,000 daily crypto traders locally, marking a 166% increase year-over-year. The UAE leads the region in crypto adoption, with 72% of local users investing in Bitcoin. Local countries predominantly rely on global centralized exchanges, with minimal demand...

CoinEx sponsors Token 2049 Dubai

CoinEx, a leading global cryptocurrency exchange, is honored to announce our sponsorship as a Gold Partner of Token 2049 Dubai on April 18-19, 2024. As one of the most influential blockchain and crypto events worldwide, Token 2049 gathers industry pioneers, investors, enterprises, developers, media, and other stakeholders to spark conversations that will shape the future of Web3. As a veteran exchange serving over 5 million users across 200+ countries, CoinEx is thrilled to participate in Token...

BingX launches Coin-Margined Perpetual Futures Trading

BingX, a leading cryptocurrency exchange, is thrilled to introduce coin-margined perpetual futures trading for major cryptocurrencies such as Bitcoin and Ethereum, offering leverage of up to 100x. Commencing on April 11th, 2024, BingX users will have the opportunity to hold cryptos while capturing exceptional profits through futures trading. Perpetual futures, also known as perpetual swaps, are derivative contracts that enable crypto traders to speculate on the future price of assets without a set expiration date. Coin-margined...

BingX announces Title Sponsorship of TOKEN2049 Dubai

BingX, a leading cryptocurrency exchange, is set to elevate the upcoming TOKEN2049 Dubai as its title sponsor. Scheduled for April 18 and 19, this seminal event will convene preeminent figures and entities from across the crypto and blockchain landscape. Beyond its major sponsorship role, BingX is poised to enhance the event’s interactive landscape with a dedicated booth. Here, the exchange will unveil its latest digital asset innovations, offering attendees a unique chance to interact with the BingX team. This engagement...

Toobit integrates with CODE Travel Rule Solution

In a significant move to enhance regulatory compliance and ensure the highest standards of security, Toobit, a leading force in the cryptocurrency exchange market, is proud to announce its integration with the CODE Travel Rule solution, effective as of April 4, 2024. This strategic partnership marks Toobit’s commitment to adhering to the rigorous global standards set by the Financial Action Task Force (FATF) and various regulatory bodies worldwide. As the vanguard of innovation in the...

BingX lists Wormhole Protocol’s Token to Expand Spot Offerings

The leading global cryptocurrency exchange BingX has announced it will list Wormhole token (W), the governance token of Wormhole Protocol, on its spot trading platform. Wormhole Protocol is a decentralized, cross-chain protocol designed to facilitate the seamless transfer of assets across different blockchains. Currently bridging over 30 different blockchains and hosting over 200 applications, Wormhole has become a vital infrastructure for thousands of developers engaged in cross-chain operations. Notably, it has processed over a billion multi-chain messages for platforms like...

Backpack Exchange appoints Oliver Sleafer to the role of CFO

Backpack Exchange, a fully regulated global cryptocurrency exchange, announced that it has appointed Oliver Sleafer to serve in the role of Chief Financial Officer for various regulated subsidiaries of Backpack Exchange in the US and the Asia Pacific regions. Mr. Sleafer is a seasoned finance professional, having formerly served as the Head of APAC Liquidity Management at Stripe, responsible for its regional treasury function and safeguarding of user assets. Prior to that, he held various senior management...

KuCoin announced the launch of GemVote

KuCoin, a leading global cryptocurrency exchange, is thrilled to announce the launch of GemVote, an innovative feature that democratizes the listing process for emerging crypto projects. GemVote allows the KuCoin community to “Find the Next Crypto Gem with KuCoin”, underscoring the exchange’s commitment to community engagement and user-centric values. Empowering Users with a VoiceGemVote provides a unique opportunity for KuCoin users to champion projects they believe in. By participating in GemVote, users can nominate and vote for projects, playing a crucial role...

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