Features Today TheBitTimes.com

Philippine crypto exchange Coins.ph has announed support for BRC-20 tokens. The exchange has added ORDI, becoming the first platform in the country to support BRC-20 tokens. Coins.ph has added support for BRC-20 tokens, becoming the first Philippine exchange to list tokens based on the new technical standard. BRC-20 is a token standard that allows for the minting of non-fungible tokens on the Bitcoin blockchain. Coins.ph lists ORDI token In the increasingly fast moving crypto sphere, ordinals and BRC-20 has brought smart contract functionality to the world’s flagship cryptocurrency. The inscriptions, which allow users to embed images, texts or audio among other data to sats – the lowest unit of BTC.  ORDI is one of the most popular BRC-20 token. The move allows Coins.ph to offer its customers greater access to the rapidly expanding digital asset market. “ This move signifies that Coins.ph is committed to being at the forefront of ...

The Financial Conduct Authority has included the Poloniex crypto exchange in its warning list after $100 million hack. Cryptocurrency exchange Poloniex, owned by TRON founder Justin Sun, has been included in the Financial Conduct Authority’s (FCA) warning list, following a $100 million hack, which the exchange suffered in late November 2023. As per a warning page published on Dec. 6, 2023, Poloniex “may be promoting financial services or products” without FCA’s permission . The British regulator urged users to avoid dealing with the exchange , adding the trading platform “may be targeting people in the U.K.” Poloniex on FCA’s warning list | Source: FCA You might also like: UK FCA takes action against rule-breaking crypto firms November 2023 has witnessed a significant surge in financial losses due to crypto hacks, with the total amount of losses surpassing $300 million. This surge was particularly driven by the $100 million...

A 10-year historical trend has shifted for Bitcoin (BTC) exchange reserves . In the last three years, investors have been making more Bitcoin withdrawals than deposits on cryptocurrency exchange s. It is important to understand that BTC deposited on an exchange could become selling pressure at any time. This speculative supply offers an imminent sell-off threat that could negatively affect Bitcoin’s price action by neutralizing an incoming speculative demand. Moreover, when holders deposit their coins into an exchange, it is usually interpreted as an intention to sell. On the other hand, withdrawing to a self-custody Bitcoin wallet signals the opposite: An intention to “HODL.” Notably, from 2013 to 2020 Bitcoin exchange reserves have consistently grown, with investors and miners increasingly depositing BTC to trade or sell. However, a chart retrieved from CryptoQuant Pro shows the trend shift that has happened since the end of 2020. Bitcoin: Exchange reserve – All exchanges...

Hacked cryptocurrency exchange Poloniex said it has mostly completed restoration efforts and is preparing to resume operations after suffering the major hack on Nov. 10. Justin Sun’s crypto currency exchange Poloniex is preparing to resume operations after suffering a major hack in mid-November, according to an official company announcement posted on Nov. 15 In the statement, the company said that the platform has “mostly completed” the restoration efforts after the $100 million hack. “The platform is now operating smoothly,” Poloniex said in its most recent update on the resumption of deposit and withdrawal services. The exchange has enlisted a “top-tier security auditing firm” to enhance the security of funds on Poloniex and is preparing to resume withdrawals soon, the firm said, adding: “Currently, they are in the final stages of the security audit and verification processes for Poloniex. Upon completion of the audit, we will promptly resume deposit and withdrawal services on our...

Arkham Intelligence has unveiled what they claim to be “the world’s first on -chain intel ligence exchange ,” according to reports on July 18. In a video, Arkham claims their platform will enable users to securely and anonymously trade information concerning the identities of various crypto wallet addresses using smart contracts. Establish connections On July 18, Arkham Beta’s completion grabbed headlines as it opened up the Arkham Intel Exchange to all users. The on -chain intel ligence marketplace aims to connect on -chain analysts, traders, journalists, and researchers, bridging the gap within the crypto world. The Arkham Platform is now public and available to all users! Arkham’s Beta is complete and the platform is now available for all. The Intel Exchange, along with the Arkham Oracle, are now live. pic.twitter.com/af3KVNHfWx — Arkham (@ArkhamIntel) July 18, 2023 This week, the Arkham Foundation launched its Arkham (ARKM) token. It was fir...

Xirtam token's scheduled initial airdrop offering was canceled at the eleventh hour following an alleged pricing dispute. On April 26, Xirtam token's scheduled initial Airdrop offering (IAO) on the Arbitrum decentralized exchange AlienFi was cancel ed minutes before launch.  It was not immediately clear which party was responsible for the cancelation. In a series of screenshots shared on Twitter, AlienFi alleged that, unbeknownst to the development team, Xirtam had conducted "a seed sale sold 3x+ below the Fjord price" before the scheduled IAO and Xirtam "decided to cancel" after AlienFi developers discovered the event, leading to a pricing dispute. According to an April 20 post, Xirtam was scheduled for a two-part presale with liquidity protocol Fjord Foundry and a private-public sale with AlienFi. The IAO with AlienFi was scheduled for April 26 with a total raise target of 350 Ether (ETH) for 50 million Xirtam tokens.  According to data from Fjord Fou...