LBank

LBank

Financial Services

LBank is the world's leading digital asset exchange. Join our English telegram group: https://t.me/LBank_en

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About us

Established in 2015, LBank has firmly positioned itself as a premier player in the world of cryptocurrency spot and derivatives exchanges. Tapping into the groundbreaking power of blockchain, we've been at the forefront of reshaping the financial domain, offering an expansive array of innovative products, strategic solutions, and state-of-the-art trading tools that set us apart. Garnering the trust of over 10 million users across 195+ countries worldwide, LBank is unwavering in its mission to craft a platform where every individual feels empowered to delve into the realm of cryptocurrencies.

Website
https://www.lbank.com/
Industry
Financial Services
Company size
51-200 employees
Headquarters
.
Type
Privately Held
Founded
2015

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Updates

  • LBank reposted this

    View organization page for LBank Labs, graphic
    LBank Labs

    1,005 followers

    📉 **#BTC**: The price has been trading between $56k and $66k for some time. It's currently on a downward trend, but look out for signs of a reversal! Here's why: - Decreased selling volume 📉 - Macro data hinting at lower CPI 📊 - Emerging Wyckoff accumulation pattern 🔄 - Price making higher lows 🔼 🚀 **#ETH**: Over the weekend, the odds of an ETH ETF approval made a sudden jump. We remain bullish on Ethereum for this cycle, though prices are still weak at the moment. 🔗 **#SOL**: Price is closely tied to BTC, and SOL buying spikes with every market bounce. With the meme trend still hot 🔥 and Solana being the go-to for memecoin trading, expect SOL to soar as the market recovers. 🔵 **#ENA**: Strong price resistance near $0.8. Bybit’s move to use USDe as a trading pair should boost Ethena’s volume. 📈 **#TRB**: It's déjà vu all over again: spot price rises 📈, retail opens shorts on perp ➡️, then a price pump and liquidation! 🎢 👀 **#WIF**: Noticed a trend where WIF seems to be leading the market. Keep an eye on BTC; it might just follow WIF’s lead soon. 📊 **#TNSR**: The chart shows a perfect reversed dome at the bottom, indicating a big green candle might be on its way soon! 🚀 --- Not financial advice

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  • View organization page for LBank, graphic
    LBank

    19,168 followers

    🔸 Heartwarming Moments at Christ Foundation Orphanage! 🔸 Our team at LBank Africa spent an unforgettable day filled with joy, donations, and countless smiles at Christ Foundation Orphanage. We are grateful to have shared these moments with the incredible children and their dedicated caretakers. Every child deserves a chance to shine! 💛 #MothersDay #LBank

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  • LBank reposted this

    View organization page for LBank Labs, graphic
    LBank Labs

    1,005 followers

    LBank Labs Backs Scallop’s Strategic Round Led By CMS Holdings and 6th Man Ventures LBank Labs, a leading blockchain venture fund, is excited to announce its investment in Scallop alongside investors such as CMS Holdings, 6th Man Ventures, Kucoin Ventures, UOB Venture and others. With the growing popularity for DeFi projects, Sui Network has become a popular choice for developers to build their DeFi products due to its high transaction speeds and low fees. One of the trending protocols on Sui Network currently is Scallop. It saw an exponential growth in their Total Value Locked (TVL) over the past few months, hitting an all time high of $160M. Scallop is the leading money market on Sui Network emphasizing institutional-grade quality, enhanced composability, and robust security. They are dedicated to building a dynamic money market that offers high-interest lending, low-fee borrowing, AMM, digital asset self-administration tool on a unified platform and offering an SDK for professional traders. More than just a lending and borrowing platform, Scallop also offers various features sCoin lending derivatives, Scallop Tools (Sui Programmable Transaction Blocks building tool), Flash Loan, SDKs, cross-chain bridging and Scallop Swap. Scallop Swap is the latest feature implemented that allows users to seamlessly swap across different coins on Sui Network. Some of the other investors joining Scallop’s latest strategic round include CMS Holdings, 6th Man Ventures, Kucoin Labs, Blockchain Founders Fund, Kyros Ventures, UOB Venture and many others. Scallop is also backed by various notable Crypto investors and KOLs like Dingaling, Pentoshi, Zeneca and many others. Through all their investment rounds, Scallop has raised a total of $3M. Additionally, they were the first DeFi protocol on Sui to receive an official grant from Sui Foundation. "We are excited to deepen our commitment to the Sui ecosystem through our investment in Scallop. The Scallop team has consistently demonstrated strength in product development and security measures. Its Trilinear Interest Rate Model captures the dynamics of interest rate. We are thrilled to support their ongoing efforts, ensuring that innovation and user safety go hand in hand." says Nathalie Yang, Principal at LBank Labs. “We are extremely thrilled to have LBank Labs as one of our investors, and this collaboration would greatly help to propel Scallop’s growth and development,” says Kris Lai, Founder and CEO of Scallop.

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Funding

LBank 1 total round

Last Round

Initial coin offering

US$ 52.2M

See more info on crunchbase