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Crypto News

Cardano-Based Decentralized Exchange 'SundaeSwap' Off to Rocky Start

SundaeSwap, the first decentralized cryptocurrency exchange on the Cardano blockchain, went live this week, but users have complained that transactions are failing and they aren’t receiving their swapped tokens. Similar to Uniswap’s UNI token, which powers the automated liquidity provider, SundaeSwap has its own token, SUNDAE, but the data websites CoinMarketCap and CoinGecko don’t have […]

Crypto News

Animoca Brands Leads $6.5M Round for Decentralized Exchange SOMA Finance

SOMA Finance, a decentralized exchange for trading digital assets and compliant digital securities, has completed a $6.5 million seed round led by blockchain gaming and open metaverse company Animoca Brands. SOMA aims to be a fully compliant decentralized exchange (DEX) and product suite for institutions and retail investors. Proposed services include built-in Know Your Customer […]

Crypto News

Binance to Set Up Crypto Exchange With Thailand's Gulf Energy Development

Binance has agreed to set up a cryptocurrency exchange with Thailand’s Gulf Energy Development. Gulf Energy Development, a publicly traded holding firm, informed the Thai Stock Exchange Monday that its subsidiary Gulf Innova is to study developing a digital asset exchange with Binance. Gulf Energy Development says it foresees “rapid growth in digital infrastructure” in […]

Crypto News

Crypto Exchange Bitfinex Tells Ontario Customers to Close Accounts

Cryptocurrency exchange Bitfinex said customers based in Canada’s most populous province will no longer have access to any services beginning March 1. No reason was given for the move. Bitfinex told its Ontario customers they should withdraw their funds on or before March 1. Beginning today, customers without account balances will have their accounts closed. […]

Crypto News

Crypto Exchange Kraken Acquires Staking Platform Staked

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. @2021 CoinDesk […]

Crypto News

Binance, MDI-Led Consortium to Create Crypto Exchange in Indonesia

Crypto exchange Binance and a consortium led by MDI Ventures will establish a joint venture focused on developing blockchain technology in Indonesia, the company said in a press release on Wednesday. The joint venture will create a new Indonesia-based digital asset exchange. Binance will provide infrastructure and support for the new exchange. MDI is the […]