Fairdesk Crypto Exchange Announces Permanent Closure
The 2021-founded cryptocurrency exchange Fairdesk in Singapore will shut down indefinitely on November 30. According to a business release, the decision was made regarding changing market conditions and regulatory developments. With a global customer base, Fairdesk established a reputation for providing futures trading, spot trading, and other cryptocurrency services. The company’s management has shut down […]
Arkham Intelligence to Launch Crypto Derivatives Exchange
Bloomberg reports that blockchain data company Arkham Intelligence intends to open a Cryptocurrency derivatives market the following month. Supported by financiers like Sam Altman, the founder of OpenAI, the business is moving its headquarters from New York and London to Punta Cana, Dominican Republic. Although the company will not allow US clients to use the […]
Karate Combat to Launch Hedera Layer 2 Network in 2025
A web3 professional strike league called Karate Combat plans to introduce its layer-2 blockchain network on Hedera. The Karate Combat team said in a statement on October 11 that the first quarter of 2025 will see the launch of UP, their new layer-2 platform on Hedera. In preparation, the Karate Combat team has licensed its […]
BitMEX Launches Automated Trading Bots for Crypto Trades
BitMEX, a cryptocurrency exchange, has launched automated trading bots that may be customized for various trading approaches. Seychelles-based cryptocurrency exchange BitMex is expanding its offerings with the launch of automated trading bots that enable users to implement customizable strategies for trading. BitMEX stated in a news release dated October 10 that the tool known as […]
Agora to use Wormhole for AUSD Cross-Chain Expansion
Stablecoin issuer Agora has chosen Wormhole to serve as the interoperability hub for their stablecoin, AUSD. In order to grow the stablecoin over different blockchain networks, the cryptocurrency firm Agora—which garnered millions of dollars in funding led by Dragonfly—has chosen the cross-chain protocol Wormhole as its primary interoperability supplier for AUSD. AUSD, which is presently […]