Category: Exchange

Exchange Largest Homebuilders in Northern Ireland Is Now Accepting Bitcoin Payment

Largest Homebuilders in Northern Ireland Is Now Accepting Bitcoin Payment

For the very first time, the most massive homebuilders firm in Northern Ireland is ready to accept the cryptocurrency Bitcoin. The firm is known as Ballyclare-based Hagan Homes.  The payment system that allows a peer to peer transactions has emerged worldwide. Now one of the largest homebuilders in Northern Ireland is accepting Bitcoin. Considerably, it …

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Exchange Police Hunting Bitcoin Traders in Bangladesh

Police Hunting Bitcoin Traders in Bangladesh

The country’s security organs held meetings about the issue and arrested some Bitcoin traders. The authorities notified banks to be vigilant   Bitcoin trading is illegal in Bangladesh, but the cryptocurrency trading is still rampant. Many freelancers, cricketers, celebrities and international travelers are dealing in Bitcoin. This is according to the Bangladesh Financial Intelligence Unit (BFIU). …

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Exchange Bitfinex Exchange Adopts SegWit Upgrade Following Coinbase Announcement

Bitfinex Exchange Adopts SegWit Upgrade Following Coinbase Announcement

One of the most significant cryptocurrency exchanges, Bitfinex added support for SegWit upgrade. According to the Bitfinex, the implementation of SegWit benefits its user from lower BTC withdrawal fees and faster the transaction process time. Bitfinex supports SegWit The Hong Kong based cryptocurrency exchange, Bitfinex has announced on Twitter to support SegWit. The adoption aims …

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Exchange Visa and Worldpay Confirms Coinbase Wasn’t at Fault for Overcharging

Visa and Worldpay Confirms Coinbase Wasn’t at Fault for Overcharging

The cryptocurrency exchange, Coinbase has been accidentally overcharging customers. The customers started pouring complains that they have been charging double, triple and overcharging too. Bitcoin price hit above $10,000 for the first time in a month since a crash from last month. However, Coinbase customers started complaining of double-charging and sometimes triple-charging or overcharging several …

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Exchange U.S. Luge Olympians Request Bitcoin to Fund Gold Medal Dreams

U.S. Luge Olympians Request Bitcoin to Fund Gold Medal Dreams

USA Luge, the team representing United States at the 2018 Winter Olympics in PyeongChang, is now accepting Bitcoin donations. USA Luge, the team, representing the United States at the 2018 Winter Olympics in PyeongChang. It is accepting Bitcoin donations to support their training and travel to Winter Olympics games. The team received $6,200 worth of …

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Exchange Litecoin Surge Nearly 30 Percent Following Traders Bet on Litecoin Cash

Litecoin Surge Nearly 30 Percent Following Traders Bet on Litecoin Cash

LitePay CEO said that on Feb 26th will have access to LitePay merchant payment processing across 41 countries. Coinbase announced that it has launched a new service that lets merchants to accepts payments in Bitcoin, bitcoin cash, Ethereum and Litecoin.   Litecoin will have LitePay merchant payment processing feature from Feb. 26. The feature will …

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Exchange Citibank India Restrict Bitcoin Purchase via Credit and Debit Cards

Citibank India Restrict Bitcoin Purchase via Credit and Debit Cards

From the start of 2018, every week, we come across the ban imposing buzz. Now the Citibank India also joined the lead of the UK and US banking group for restricting Bitcoin purchases via credit and debit cards. CitiBank India Bans Bitcoin Purchase Today morning, CitiBank India sent an email informing its cardholders about restricting …

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Exchange Coincheck users withdraw $373 million after company resumes the withdrawal service

Coincheck users withdraw $373 million after company resumes the withdrawal service

Conicheck users withdrew a total of $373 million on Tuesday after resuming of the service. This is since the startup reported a $533 million cybertheft end of last month. Coincheck suspended services after this hack. The startup gave details of the hack to the Financial Services Agency. For instance, customers will get some support from …

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Exchange LitePay a New Litecoin Payment App to Be Launch Within 2 Weeks

LitePay a New Litecoin Payment App to Be Launch Within 2 Weeks

Litecoin is launching its new payment app, called LitePay roughly within two weeks. The new app will allow the fast Litecoin (LTC) based transactions. On Tuesday Morning, LitPay Inc. has tweeted saying that it would be launching the app on Monday 26th February. The new payment app is best suitable on a desktop as well …

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Exchange Bitlicense Comes to South Korea as Cryptocurrency Exchange Approval System

Bitlicense Comes to South Korea as Cryptocurrency Exchange Approval System

South Korea is following the footstep of NewYork state Department of Financial Services (NYSDFS) by considering BitLicense as cryptocurrency Exchange approval system. South Korea announcing Cryptocurrency Exchange approval system New York employs BitLincese, means that it allows cryptocurrency trading only when they have a license. Similarly, the South Korean Government is introducing cryptocurrency exchange approval …

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Exchange Bitfinex Is Announcing EOSfinex to Build On-Chain Exchange

Bitfinex Is Announcing EOSfinex to Build On-Chain Exchange

One of the largest cryptocurrency exchange, Bitfinex has officially announced EOSfinex. It would be built on EOS.io technology that would brand it first high-performance decentralized exchange. EOSfinex – ON-CHAIN EXCHANGE Following the partnership of Bitfinex and EOS.io, traders can now experience scalable and speedy trading service. Indeed, the deal would build the first decentralized exchange by merging …

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Exchange Italian Cryptocurrency Exchange Bitgrail Lost $170 Worth of NanoTokens

Italian Cryptocurrency Exchange Bitgrail Lost $170 Worth of NanoTokens

Following the recent hack of CoinCheck, another cryptocurrency exchange, BitGrail on Friday claims that roughly $170million worth of its Nano tokens has been lost but other developers say it may not be hacked but disappears. $170million worth of Nano tokens are missing BitGrail, an Italian based cryptocurrency whose token “Nano” was formerly known RaiBlocks reports …

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Exchange Coinbase Launched “Coinbase Commerce Button” for Merchants like PayPal Plugin

Coinbase Launched “Coinbase Commerce Button” for Merchants like PayPal Plugin

Coinbase, one of the largest cryptocurrency exchange has launched “Coinbase Commerce button” for merchants. By integrating this new service on websites, merchants will have direct access to crypto payments from Coinbase merchants which was otherwise completed only after creating an account on Coinbase. When it comes to online payment, PayPal and Credit card are the …

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Exchange Hong Kong Regulators Puts Restrictions on Crypto Exchanges

Hong Kong Regulators Puts Restrictions on Crypto Exchanges

The Hong Kong regulator, Securities and Futures Commission (SFC) would crack down on cryptocurrency exchanges that operate illegally. The official announcement of Securities and Futures Commission (SFC) of Hong Kong states it would crack down on cryptocurrency exchanges. The notice was a point to seven cryptocurrency exchanges, stating it should not trade securities without license or …

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Exchange China to Block All Crypto-Related Websites Using the Great Firewall

China to Block All Crypto-Related Websites Using the Great Firewall

The Chinese government aims to block all websites related to cryptocurrency trading and Initial Coin Offerings (ICOs) within the country . The Great Firewall of China prevents anyone in the country from reaching foreign exchange sites. China to restrict crypto and ICOs related websites As stated above, the Chinese government has, reportedly, removed ads relating …

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Exchange VISA and Mastercard Make Bitcoin Purchases Harder

VISA and Mastercard Make Bitcoin Purchases Harder

VISA and MasterCard have made it more difficult for users to purchase Bitcoin and other cryptocurrencies. Both multinational financial services corporation decided to reclassify the process of buying cryptocurrencies. VISA and MasterCard to stamp out Bitcoin purchases Recently, Bitcoin investors started to examine the additional fees on their statements.  It turns out that, VISA and …

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Exchange Nischal Shetty, Crowdfire Co-Founder Plans to Launch Cryptocurrency Exchange in India

Nischal Shetty, Crowdfire Co-Founder Plans to Launch Cryptocurrency Exchange in India

According to an official blog of Nischal Shetty, founder of a social management application called Crowdfire is launching a cryptocurrency exchange in India. The exchange is named as WazirX which will come into existence in March, said statement. WazirX will be built as India’s most trusted bitcoin and cryptocurrency exchange The hype of Bitcoin and …

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Exchange National Bank of Abu Dhabi partners with ripple for cross-border payments

National Bank of Abu Dhabi partners with ripple for cross-border payments

The National Bank of Abu Dhabi (NBAD) has entered into partnership Ripple. The partnership will facilitate cross-border payments in real time, secure and simple way. The move will help reduce the resources required by customers to send payments. Customers will have end-to-end visibility of transaction and be able to perform instant transfers to beneficiaries without …

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Exchange Bitcoin premiums decline to near end in South Korea markets

Bitcoin premiums decline to near end in South Korea markets

Foreign exchange and anti-money laundering rules in South Korea are making it harder for traders in Bitcoin deals. This is according to a complain launched earlier last month by Kimchi Premium. KimChi are the traders who have studied the price gap. Now, the price of Bitcoin in the country declined so fast. It it was …

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Exchange Veteran BlackRock investors to launch a crypto hedge fund

Veteran BlackRock investors to launch a crypto hedge fund

Two veteran investors of BlackRock have left the asset manager to invest in a cryptocurrency hedge fund. Michael Wong and Adam Grimsley will join Oxford Maths PhD Nic Niedermowe in a new hedge fund called Prime Factor Capital. The three hope to achieve a £10 million of assets under management. However, this amount is small …

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Exchange Bafin orders crypto exchange GmbH to cease operations as a financial brokerage

Bafin orders crypto exchange GmbH to cease operations as a financial brokerage

Federal Financial Supervisory Authority BaFin has ordered crypto exchange GmbH to stop operating as a financial brokerage. This is because it does not have regulatory authority to run a financial commission business. The firm has been selling Bitcoins to customers and then transferring the gains to their accounts in Euros within 30 minutes. However, some …

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Exchange SBI crypto exchange to use Ripple’s XRP as its official digital currency

SBI crypto exchange to use Ripple’s XRP as its official digital currency

SBI Holdings has announced that its digital asset exchange SBI Virtual Currencies (SBI VC) will use XRP cryptocurrency as the only digital asset. The exchange launched on January 30. It provides exchanges for both institutional and individual digital asset buyers in Japan. The exchange will also use the xRapid ecosystem to facilitate cross-border payments between …

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Exchange South Korea now has new cryptocurrency trading rules

South Korea now has new cryptocurrency trading rules

Barely three months of announcing they would end anonymous crypto trading, South Korea now has new rules on cryptocurrency trading. They took effect yesterday according to a Financial Services Commission official speaking to CNBC. However, Bithumb said the new regulations did not affect trading. An official told CNBC that “nothing has changed regarding coin transaction” …

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Exchange U.S. regulators to investigate a major crypto exchange Bitfinex and Tether

U.S. regulators to investigate a major crypto exchange Bitfinex and Tether

U.S. Commodity Futures Trading Commission is investigating Bitfinex and Tether according to an official who refuses to be named. This is after claims surfaces that all the Tether cryptocurrency assets were not backing up by dollar reserves. The companies told Bloomberg on Tuesday that they could not give details of the requests they routinely receive …

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Exchange Philippines to regulate cryptocurrencies with new rules

Philippines to regulate cryptocurrencies with new rules

The Philippines’ Securities and Exchange Commission said on Monday that it is developing new rules on cryptocurrency trading in the country. The approach is to prevent fraudulent ICO activities and protect the investors. The rules will be ready by the end of this year according to Emilio Aquino, SEC commissioner in charge of enforcement and …

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Exchange Oldest Chinese Bitcoin Exchange BTCC to focus on the international market

Oldest Chinese Bitcoin Exchange BTCC to focus on the international market

BTCC, the oldest Chinese bitcoin exchange is now aiming to make cryptocurrencies accessible globally. This news comes after Hong Kong-based blockchain investment fund acquired BTCC. The move also comes after BTCC closed operations in China due to new regulations against cryptocurrencies. According to BTCC’s press release, the company will now focus on three significant markets …

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Exchange DataTrek says cryptocurrencies have a long way to go in terms of hack attacks

DataTrek says cryptocurrencies have a long way to go in terms of hack attacks

Japanese cryptocurrency exchange Coincheck lost $534.8 million (58 billion yen) worth of NEM coins to hackers last Friday. To that effect, DataTrek Research has said the attack shows cryptocurrencies are still prone to hacks. The company said the coins, which was on a “hot” (online) wallet, were diverting to another account. They said they would …

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Exchange More lawyers to opt for accepting payments in cryptocurrencies

More lawyers to opt for accepting payments in cryptocurrencies

A well-known industry site Law.com says more and more lawyers are opting to receive payment in cryptocurrencies to land the growing number of businesses in the cryptocurrency markets. Some practitioners are accepting payments even if it goes against their natural propensities toward risk aversion, to show clients that they are investing in what they are …

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Exchange South Korean government enforcing its new crypto trading accounts system

South Korean government enforcing its new crypto trading accounts system

The South Korean government announced that six major banks would start providing crypto trading services, account creation and account operation from Jan 30th. This will happen under the government’s new system that aims at sharing or storing data about cryptocurrency trades, users, and accounts. The new system will ensure that “only real-name bank accounts and …

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Exchange Japanese Bitcoin exchange Bitflyer now in Europe

Japanese Bitcoin exchange Bitflyer now in Europe

Japanese bitcoin exchange, Bitflyer is now legally operational in the European Union region. However, this is after it was granted Payment Institution (PI) license to run services in the area. This makes it the first Japanese exchange to regulate in Japan, the US, and Europe. The sixth largest crypto exchange is legally operating in European …

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Exchange Nordea to restrict employees from trading Bitcoin

Nordea to restrict employees from trading Bitcoin

Employees of Nordea bank will no longer trade Bitcoins or any other cryptocurrency as of February 28 following a decision by the bank as regulators because of the high risks involved. The reason is that the bank and its employees are not protecting from the risks involved in investing in cryptocurrencies. “Unlike trading of securities …

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Exchange South Korea now targeting Bitcoin exchanges with huge tax bills

South Korea now targeting Bitcoin exchanges with huge tax bills

The government of South Korea is set to implement substantial tax bills on its Bitcoin Exchanges. This is its recent attempts to rein in the booming and volatile cryptocurrency sector. According to Yonhap reports on Monday citing the Ministry of Strategy and Finance official, South Korean Bitcoin exchanges will need to pay 22% corporate and …

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Exchange Tether increases amount of USDT in circulation amidst fears of USD backing reserves

Tether increases amount of USDT in circulation amidst fears of USD backing reserves

Tether cryptocurrency whose token is USDT, tethers every USDT for one dollar of a reserve. And preferably in a 1:1 ratio of USDT to USD. Suspicion is growing because it has printed a total of $700 mln USD worth of USDT in January so far. Some are claiming that with this high amount of money …

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Exchange Largest bank of Japan MUFG to launch its own cryptocurrency exchange

Largest bank of Japan MUFG to launch its own cryptocurrency exchange

Japan is indulging more in Bitcoin trading. The most significant bank in the country, MUFG is now planning to launch its cryptocurrency exchange before the end of this year to offer pegged cryptocurrency and bitcoin segregated accounts for clients. The bank is also reports to be working on its cryptocurrency that will be trading on …

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Exchange South Koreans voting against crypto ban, demands minister resignation

South Koreans voting against crypto ban, demands minister resignation

More than 100,000 South Koreans want the government to reverse a proposal to restrict cryptocurrency trading in the country. And more than 30,000 want the Finance minister fired for market manipulation. The government is planning to regulate cryptocurrencies, but its moves are seen by many. Thus, trying to calm frantic demand for cryptocurrencies in South …

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Exchange Bitconnect exchange will close down after regulatory warnings

Bitconnect exchange will close down after regulatory warnings

Bitconnect will close down its crypto lending and exchange platform in five days is owing to regulators’ warnings. BitConnect.co website will operate for wallet service, news, and educational purposes. However, it will continue supporting BitConnect coin, which will be on a list outside exchanges to offer trading options. At the same time, BitConnect X will …

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Exchange Coinbase is working on batching transactions and SegWit- CEO

Coinbase is working on batching transactions and SegWit- CEO

The global cryptocurrency market’s most significant brokerage and wallet platform, Coinbase valued at $1.6mln in last week. But it is now criticized for the absence of SegWit (Segregated Witness) and batching transaction. Lacking in Batching transaction and SegWit The lead engineer and architect at multi-signature blockchain security service provider BitGo, Jameson Lopp stated: “Low hanging fruit: …

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Exchange Malaysian Tax Offcials freezes Luno Exchange Bank account

Malaysian Tax Offcials freezes Luno Exchange Bank account

Since the inception of Bitcoin, people are riding on a wave of Blockchain technology trends which has paved the ways for regulations and restrictions by authoritative. Tax investigation by Inland Revenue Board (IRB) Luno bank account has been suspended by Inland Revenue Board (IRB), pending a tax investigation on its users. Also, a report from Edge …

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Exchange Kraken cryptocurrency exchange back online after unexpected delays

Kraken cryptocurrency exchange back online after unexpected delays

Kraken cryptocurrency exchange finally returned online Sunday 11.30 UTC after causing an uproar among users in a downtime that lasted more than 2 days. Users will now do unleveraged trading for free until the end of the month. Kraken had said this would happen after coming back. The service resumed and went on normally although …

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Exchange Metropolitan Bank Halts International Cryptocurrency Wire Transfers

Metropolitan Bank Halts International Cryptocurrency Wire Transfers

New York base Metropolitan Bank Holding Corp has ceased all cryptocurrency-related international wire transfers, effective immediately.    A customer of Metropolitan Bank reported to Fortune that he was notified of bank’s ceasing action for all international crypto-related wire transfers on an immediate basis. He addressed bank is inept of verifying the compliance of international wire …

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Exchange South Korea accounts to end anonymous crypto trading by Jan 20

South Korea accounts to end anonymous crypto trading by Jan 20

South Korea could implement a system for real-name identity verification in crypto trading by Jan 20. Also efficiently end anonymous cryptocurrency trading. Yonhap reported, “The South Korean government has been developing a system that is likely to start banning the use of anonymous accounts in cryptocurrency transactions from around Jan. 20”. Currently, many South Koreans …

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Exchange Binance is fastest profitable startup to achieve unicorn status in history

Binance is fastest profitable startup to achieve unicorn status in history

Binance is now probably the fastest profitable startup to achieve unicorn status in history with a valuation of close to $2 billion. They made it in less than six months. A unicorn is a private company with a valuation of over $1 billion. Although most people outside of the cryptocurrency scenes have never heard about …

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Exchange Beijing-based crypto exchange Huobi moving to Japan

Beijing-based crypto exchange Huobi moving to Japan

Huobi, which was at one time the largest Bitcoin trading platform in China. It is now moving to Japan from the first quarter of this year 2018. The exchange announced a deal with Japanese financial institution SBI Group, which will see it move to the country. It is partnering with SBI to launch two virtual …

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Exchange Exmo Finance boss paid $1 million worth Bitcoins ranson to secure release after kidnap

Exmo Finance boss paid $1 million worth Bitcoins ranson to secure release after kidnap

Financial Times yesterday reported unverified news that Exmo exchange manager Pavel Lerner who was kidnapped by an armed gang this week, paid a ransom of $1 million equivalent of Bitcoins to secure his release. The news report was according to Anton Gerashchenko, who is an adviser to the Ukrainian interior minister. It said that Kiev …

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Exchange Zclassic up by 2,145 percent in seven days

Zclassic up by 2,145 percent in seven days

The zclassic price rose by more than 2,000 percent in the last week and caused an uproar in the markets. The coin is now trading at $82.02, representing a fall of 19 percent in the last 24 hours. Until the time of writing this article (Saturday). The market capitalization stands at 148 billion with more …

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Exchange Meet Bisq, a censorship-resistance fiat-crypto exchange

Meet Bisq, a censorship-resistance fiat-crypto exchange

There are compelling reasons to believe that centralized exchanges will continue to master Bitcoin marketplaces for some time given their current popularity. However, it is apparent that they will in future face stiffer competition from decentralized competitors like Bisq. Hacks, flash crashes, government censorship and privacy and security lawsuits against crypto firms are uncommon nowadays. …

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Exchange EtherDelta suspends service following hack alleges

EtherDelta suspends service following hack alleges

Crypto world is reporting hacks every other day and EtherDelta, a popular exchange has been compromised leading to its suspending of services. However, its website is still down as at the time of writing. However, the company announced today on Twitter that it is in the “last step of bringing the service back” and would …

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Exchange Japan’s DMM unveils details of upcoming cryptocurrency exchange

Japan’s DMM unveils details of upcoming cryptocurrency exchange

An operator of DMM.com DMM Group has released details of the cryptocurrency exchange that will be launching a cryptocurrency exchange on January 11 and has given more details on the same. The new exchange: DMM Bitcoin and will offer 7 cryptocurrencies, 14 trading pairs, and margin trading. Therefore, account opening will start on January 11. …

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Exchange India to issue notices to high networking individuals trading virtual currency

India to issue notices to high networking individuals trading virtual currency

India’s Income Tax department is planning to issue notices high networking individuals (HNI) trading cryptocurrencies in the country. The notices will seek their relevant financial details and establish tax demand, a senior official privy to the operation told PTI. After conducting surveys at exchanges last week, the agency found that 20 lakh entities registered on …

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Exchange Youbit South Korean cryptocurrency exchange to close after second hack

Youbit South Korean cryptocurrency exchange to close after second hack

South Korean cryptocurrency exchange Youbit announced on December 19 that it will shut down following a second hack in the past year. Boom in cryptocurrencies also means hackers are looking for every chance. And they took off with 17 percent of the exchange’s assets in the second raid. The South Korea’s Internet and Security Agency …

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Exchange ZeroLink anonymizer tool creator called for participants in the final test

ZeroLink anonymizer tool creator called for participants in the final test

Although it is possible to use Chaumian CoinJoin and HiddenWallet to eliminate network level tracking of transactions and network analysis, examining of transaction chains and other transaction metadata in Bitcoin transactions. Thus, it is possible for attackers to recognize some patterns in these transactions. ZeroLink is a tool created by Chief Redditor of TumbleBit, a …

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Exchange India income tax department conducts inspection on Bitcoin exchanges

India income tax department conducts inspection on Bitcoin exchanges

India income tax department conducted, for the first time Wednesday, surveys on Bitcoin exchanges for alleged tax evasion. According to Press Trust of India (PTI), teams from the Income Tax Department visited nine bitcoin exchanges under the command of the Bengaluru investigation wing.  Those visited include Delhi, Bengaluru, Hyderabad, Kochi, and Gurugram. It was conducted …

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Exchange Tokyo’s exchange sets initial step towards Bitcoin Futures

Tokyo’s exchange sets initial step towards Bitcoin Futures

Pioneering financial exchanges in Japan are facing reality towards the launch bitcoin futures after CME, CBOE and Nasdaq announcements. The Tokyo Financial Exchange is planning to launch the products on its market. Once the Financial Instruments and Exchange Act recognizes them as financial products. It will be the first product of its nature in Japan. …

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Exchange Japanese FSA approves four new cryptocurrency exchanges

Japanese FSA approves four new cryptocurrency exchanges

Japanese Financial Services Agency has approved four more cryptocurrency exchanges to operate in Japan in addition to the 11 approved in September. The new exchanges approved are Tokyo Bitcoin Exchange Co. Ltd, Bit Arg Exchange Tokyo Co. Ltd, FTT Corporation, and Xtheta Corporation according to the agency’s website. The approval follows the fund settlement law, …

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Exchange Bitcoin prices rises as CME to launch Bitcoin Futures on DEC 18

Bitcoin prices rises as CME to launch Bitcoin Futures on DEC 18

Commodity Futures Trading Commission (CFTC) on Friday, said it will allow CME Group and CBOE to list their Bitcoin futures and CME announced the futures will be available for trading from Dec 18th. Cantor Fitzgerald also got the node from CFTC. Nasdaq Inc also plans to launch bitcoin futures contract in 2018. CME Chairman and …

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Exchange Nasdaq aims to launch Bitcoin futures in the first half of 2018

Nasdaq aims to launch Bitcoin futures in the first half of 2018

Bitcoin, the most prominent cryptocurrency has recently topped with the all-time new high record of $10,000. According to CoinMarketCap Thursday 30th Nov, the bitcoin was trading $10,428.60. Nasdaq is joining CME, CBOE and other companies hoping to help investors trade Bitcoin futures, by launching a Bitcoin futures contracts in the second quarter of 2018 according …

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Exchange Libra launches ‘Crypto Office’ enterprise tax software’

Libra launches ‘Crypto Office’ enterprise tax software’

Libra, cryptocurrency tax compliance and accounting agency, launched an auditing application called Crypto Office targeted at help enterprises with tax compliance and automation of large business processes. It helps “automate and optimize back and middle office processes and reporting, while improving operational and financial analysis and control” according to the company. It can be used …

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Exchange South Korean and Japanese markets already record high bitcoin prices

South Korean and Japanese markets already record high bitcoin prices

Bitcoin was already trading at above $10,000 in South Korea before other markets witnessed the milestone. A quick check at the three leading South Korean markets yesterday. It showed that the coin traded for as much as over $13,000 at Coinone, over $13,000 at Korbit and over $12,000 at Bithumb as other markets welcomed news …

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Exchange BitFlyer the Japanese Bitcoin exchange enters US market

BitFlyer the Japanese Bitcoin exchange enters US market

Japanese Bitcoin exchange, bitFlyer has officially launched in the United States. It includes approval from regulatory of New York’s state department of Financial Services. Since, it has been granted a BitLicense to operate in NY. Announced on Nov 28, 2017, the approaches follow a closed beta in which 2000 exchanges are working. However, it was …

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Exchange South Korea’s Goto Mall adds Bitcoin payments to 620 stores

South Korea’s Goto Mall adds Bitcoin payments to 620 stores

About 620 stores in South Korea’s Goto Mall, the largest underground mall, will start accepting Bitcoin payments from mid-December after the mall partnered with local cryptocurrency exchange HTS Coin to facilitate payments. A local publication called Kyeonggi reported that the mall tested with Bitcoin payments where shop owners accepted Bitcoin directly. However, this did not …

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Exchange Russian will never legalize virtual currencies

Russian will never legalize virtual currencies

Russian Communications and Mass Media minister Nikolay Nikiforov claimed last week that the government will never legalize the virtual currencies as a means of payment. The statement comes one month after his ministry submitted a proposal of regulating cryptocurrencies or the new cryptocurrency regulation bill in the country, so the country is trending the path …

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Exchange South Korea won’t be supervising Bitcoin exchanges

South Korea won’t be supervising Bitcoin exchanges

South Korean financial regulator and watchdog Financial Supervisory Service (FSS) has no intentions to regulate Bitcoin exchanges for now according to a Thursday announcement by the department’s chief. Korea Times reported that he said cryptocurrency is not a “legitimate currency” so does not fall within regulation and supervision. He said the government sees them as …

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Exchange Swissquote Bank is to release bitcoin exchange trade

Swissquote Bank is to release bitcoin exchange trade

An online banking service, Swissquote Bank has declared bitcoin exchanges traded certificate. Thus, it attempts to curb volatility of cryptocurrency. The Switzerland’s online trading names are offering the first actively managed bitcoin certificate. Since Funds will be shifted between the digital currency and cash based on an algorithm. Hence, the trading will place on the …

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Exchange Gatecoin Hongkong crypto exchanges resume banking transactions

Gatecoin Hongkong crypto exchanges resume banking transactions

In September, Gatecoin crypto exchange has suffered a banking blackout. So recently, Hong Kong crypto exchange confirms its plans with new partners to resume HKD and USD banking transactions. Thus, for 2 months due to “abrupt” back accounts, Gatecoin suspended HKD and USD transfers were held up in Hong Kong. Thomas Gluksmann, Gatecoin marketing chief …

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Bitcoin Cash Bitstamp Announced Trading Of Bitcoin Cash

Bitstamp Announced Trading Of Bitcoin Cash

Bitstamp is a one of the Europe’s biggest Bitcoin marketplace enabling the users globally to buy and sell Bitcoins. It has recently announced to start its trading on Bitcoin Cash, a hard fork of Bitcoin occurred on August 1, 2017. Bitstamp CEO Nejc Kodric said “We get requests from our users who want to trade …

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Exchange Luno planning to add Ethereum exchange support

Luno planning to add Ethereum exchange support

Luno, which added Ethereum wallet support early this November after seeing an increase in “renewed interest in Ethereum” on its platform is planning to add Ethereum exchange to allow people to trade Ether. Currently, people use the instant-buy option to send, receive, buy, sell and store. Hence, it cannot trade Eth on its Exchange. Therefore, …

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Exchange Japanese bitcoin exchange impulses for partnership in Russia

Japanese bitcoin exchange impulses for partnership in Russia

The major Japanese Bitcoin exchange is seeking to build the partnership with Russian crypto market. The “demand is huge” and desires for Russian to consider Japan for cryptocurrency regulations. Japanese exchange checks out Russian market Mike Kayamori, CEO said, the Japanese exchange, Quoinex is trying to enter the Russian market. Presently, the exchanges support BCH, …

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