Category: Exchange

Exchange South Korean Gaming Company to Purchase Bitstamp

South Korean Gaming Company to Purchase Bitstamp

The world’s oldest bitcoin exchange Bitstamp is for sale. As per reports, South Korean’s gaming company claims to finalize the deal to purchase the exchange. According to few people, the price is estimated at $350 million. Bitstamp is the oldest bitcoin exchange and is the licensed exchange in Europe. The deal is kept confidential and …

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Exchange Cboe Exchange Wants Minimum Prices on Bitcoin Futures

Cboe Exchange Wants Minimum Prices on Bitcoin Futures

Cboe aims to make changes in bitcoin futures contract price from $10 to $5. The approach comes in a wake of CBOE’s crypto product inaugural. On April 17th, a new letter was published to a CFTC (Commodity Futures Trading Commission). Matthew McFarland, managing director at CBOE Future Exchange announced a proposed rules amendment. Thus, it …

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Exchange Largest Cryptocurrency Binance Will Not Introduce Dollar Trading

Largest Cryptocurrency Binance Will Not Introduce Dollar Trading

Binance has denied reports that it will introduce dollar trading on its exchange. Recent reports saying it would, and which caused an increase in prices for Monero and EOS, are fake news.   In recent articles on social media like twitter citing that the largest cryptocurrency exchange, Binance would soon introduce USD transactions. Meanwhile, there …

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Exchange Cryptocurrency Exchange Kraken will not comply with New York inquiry

Cryptocurrency Exchange Kraken will not comply with New York inquiry

Kraken co-founder and CEO Jesse Powell has said the Kraken cryptocurrency exchange will not comply with inquiry and information requested by the New York attorney general. He said on Twitter that the “resource diversion” for the production of the information requested is massive and that will “completely blow up” their roadmap. No Answer to NewYork …

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Exchange Coinbase dangled their account claims Wikileaks Online store

Coinbase dangled their account claims Wikileaks Online store

Coinbase, a San Franciso-based cryptocurrency exchange is apparently closed an account opened by indicting site Wikileaks for its online store. Wikileaks stores cities the violating terms and Services. The Wikileaks Shop is a Whistleblower site merchandise outlet. It sells shirts, phone cases, coffee mugs, posters and other branded regalia. Wikileak’s claim The users can purchase the …

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Exchange Boxer Champion Floyd Mayweather charged with fraud by SEC

Boxer Champion Floyd Mayweather charged with fraud by SEC

The U.S Securities and Exchange Commission charged boxer Champion Floyd Mayweather with fraudulent activity. The company Creta raised $32 million through a fundraising mechanism known as an Initial Coin Offering or ICO. Initial Coin Offering is a process in which company issues a new digital coin in exchange for money. The coin is either traded or …

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Exchange Karpeles, Ex- CEO of Mt. Cox began new hiring in Crypto industry

Karpeles, Ex- CEO of Mt. Cox began new hiring in Crypto industry

The CEO of Bitcoin exchange Mt.Gox, Mark Karpeles was under bankrupt in 2014. He had a hard time finding work for last four years. In February 2014, he announced that he has lost Mt.Gox’s 8, 50,000 Bitcoin and became the biggest villain of cryptocurrency world. Karpeles ended finding 200,000 of Mt.Gox Bitcoins and authorities believe …

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Exchange Kraken, a San-Francisco based crypto exchange will not comply with New York’s inquiry.

Kraken, a San-Francisco based crypto exchange will not comply with New York’s inquiry.

 Kraken Co-founder and CEO Jesse Powell Tweeted on  Wednesday saying that, “The resource diversion for this production is massive. Thus going to completely blow up our roadmap”. Further, he added that “Then I realized we made the wise decision to get the hell out of New York years ago and that can dodge this bullet”. …

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Exchange Amazon Wins a Patent for a Marketplace Data Streaming Solution

Amazon Wins a Patent for a Marketplace Data Streaming Solution

The patent proposes a solution that allows companies to stream data to marketplaces and to customers. It also proposes a marketplace where data sellers and buyers can transact for data in real time. These data streams can be combined with other data to make more sense. Amazon has won a patent for a system that …

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Exchange Huobi, a Cryptocurrency exchange to open its office in London

Huobi, a Cryptocurrency exchange to open its office in London

Huobi, a Cryptocurrency exchange is set to launch its office in London. As per a report, Huobi’s senior Chern Chung, business development manager for Europe says that London is preferred location for expanding the business into the Western countries. Further, he added that “Our Statistics show that London is the most active trading scene across …

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Exchange New York on an urge to inspect Crypto exchanges, Experts Note

New York on an urge to inspect Crypto exchanges, Experts Note

On Tuesday, Eric Scheiderman Attorney General New York disclosed that he is inspecting at least 13 cryptocurrency exchanges which include well-known exchange called Coinbase. He added that “Too often consumers don’t have basic facts they need to assess the fairness, integrity, and security of these trading platforms”. Further Scheiderman says he hopes to make exchanges …

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Exchange Chilean Crypto Exchanges Appeal Against Decision by Banks

Chilean Crypto Exchanges Appeal Against Decision by Banks

The exchanges are appealing against the decision saying it might kill cryptocurrency trading in the country. The market regulator says cryptocurrencies do not fit as “securities” while the central bank says they cannot be considered “currencies.”   Buda, Orionx, and Cryptomkt cryptocurrency exchanges, which are based in Chile, are seeking to have the decision by …

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Exchange Coinbase buys a Bitcoin startup firm named Earn.com.

Coinbase buys a Bitcoin startup firm named Earn.com.

 Coinbase purchases a Bitcoin firm named Earn.com. It is a trade which allows users to get paid in digital currency if users respond to the emails and complete tasks. Balaji Srinivasan, co-founder, and Chief Executive Officer was a general partner at Andreessen Horowitz. Currently, he will be joining as a Chief Technology Officer at Coinbase, …

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Exchange Coinbase Acquires Cipher Ethereum Mobile Browser

Coinbase Acquires Cipher Ethereum Mobile Browser

Coinbase is acquiring Cipher browser app in order to improve on the Toshi project, which is its own browser app for Ethereum. The app lets users to browser financial apps and communicates with each other. Coinbase announced on Friday that it has acquired mobile Ethereum Cipher browser. Further, the company will merge many of its …

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Exchange Criptohub to Launch Crypto and Financial Exchange in Brazil

Criptohub to Launch Crypto and Financial Exchange in Brazil

CriptoHub wants to ease the burden of trading Bitcoin and other cryptocurrencies in Brazil given the that the current exchange options are poor and that there are difficult transaction processes. CriptoHub wants to satisfy the higher demand among Bitcoin buyers in Brazil. It will have more than 20 tradable cryptocurrency assets and fiat pairs and …

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Exchange BitARG and Yahoo Japan to initiate their business plans in 2019

BitARG and Yahoo Japan to initiate their business plans in 2019

Yahoo Japan is planning to purchase a minority stake of 40% in a Tokyo based cryptocurrency exchange called BitARG. This is a remarkable journey of traditional companies to enter into digital currencies. Currently, Yahoo is #4 popular sites in Japan and 40th largest auction online site in the world. Yahoo Japan is featuring to endorse …

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Exchange Germany’s Largest Stock Exchange Borse Stuttgart to Release Crypto Trading App

Germany’s Largest Stock Exchange Borse Stuttgart to Release Crypto Trading App

On Friday, 14th Apr, one of Germany’s largest stock exchange announced that they will release a crypto trading app. The subsidiary of Borse Stuttgart, Sowa labs unveils that app will avail for use in September. New Crypto Trading App: Bison According to Borse Stuttgart, the new crypto trading app will be known as Bison. Initially, …

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Exchange Yahoo Japan to purchase minor stakes in Tokyo-based cryptocurrency exchange

Yahoo Japan to purchase minor stakes in Tokyo-based cryptocurrency exchange

Yahoo Japan has fetched 40 percent of a Tokyo-based cryptocurrency exchange that is set to release in upcoming days. The investment has made its BitARG exchange through a Yahoo Japan subsidiary which provides a company with the minority stake. It is a BitARG parent company CMD laboratory that manages 60 percent ownership of the exchange. …

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Exchange PumaPay to Develop a System for Current Merchant Payment Systems

PumaPay to Develop a System for Current Merchant Payment Systems

A PumaPay platform will use PullContracts to facilitate payment of merchants by customers. It will compete with big players in the payment industry including Mastercard and Visa by making merchant transaction less costly.   PumaPay is developing an open-source “PullPayment Protocol” that can allow merchants to pull funds off of a customer’s account with their …

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Exchange OKEx Technology Is Getting Bigger by Expanding to Malta

OKEx Technology Is Getting Bigger by Expanding to Malta

The tiny island, Malta nation is now taking a pace for the major cryptocurrency exchanges, OKEX Technology. Apparently, Japan-based, OKEX Technology Co is now heading towards Malta to expand its operations. OKEx is one of the pioneering cryptocurrency exchange that provides users with a robust crypto trading platform. At present, the exchange offers token-to-token and …

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Exchange Winklevoss Twins Won a Crypto Patent to Secure Digital Transactions

Winklevoss Twins Won a Crypto Patent to Secure Digital Transactions

The patent describes a system to secure cloud-based blockchain networks. Such systems could be demanded more in future as computer systems continue to move to distributed computing architectures such as cloud computing. Founders of Gemini cryptocurrency exchange Cameroon and Tyler Winklevoss have won a patent for a system that improves the security of digital transactions. …

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Exchange Canadian Barter Platform Bunz Launches Own Cryptocurrency BTZ

Canadian Barter Platform Bunz Launches Own Cryptocurrency BTZ

The company hopes that the cryptocurrency will help recreate the network of retailers. It will be the first Canadian crypto to launch to an already established community or members. The group started in 2013 and has a community of more than 200,000 members. Bunz, an online trading and barter platform based in Canada, is launching …

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Exchange Coinbase Seeking a License with SEC to Become a Brokerage Firm

Coinbase Seeking a License with SEC to Become a Brokerage Firm

Coinbase is also seeking to add more cryptocurrencies for withdrawal, on all of its platforms. It said it will add more crypto assets as soon as there is regulatory clarity about cryptocurrencies. San Francisco-based Coinbase is seeking to license with the US Security Exchange Commission to become a brokerage firm and electronic trading venue. This …

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Exchange South Korea Investigate 3 Banks over Cryptocurrency Exchange Compliance

South Korea Investigate 3 Banks over Cryptocurrency Exchange Compliance

The inspection targets at checking whether the three are adhering to KYC and AML requirements in the new regulations for trading cryptocurrencies. The country banned anonymous trading for cryptocurrency traders and is enforcing that regulation. The Financial Services Commission (FSC) will inspect Nonghyup Bank, Kookmin Bank and Hana Bank between April 19 and April 25 …

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Exchange Gemini Cryptocurrency Exchange Unveils Gemini Block Trading for Large Quantities of Crypto

Gemini Cryptocurrency Exchange Unveils Gemini Block Trading for Large Quantities of Crypto

Gemini Block Trading will allow large customers such as hedge funds to trade large amounts without affecting the prices immediately. The minimum quantity is 10 BTC and 100 ETH. Gemini cryptocurrency exchange has announced the launching of the Gemini Block Trading to serve those intending to sell and buy large quantities of digital assets outside …

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Exchange Japan Crypto Exchanges Facing Lack of Software Engineers

Japan Crypto Exchanges Facing Lack of Software Engineers

Companies are willing to pay higher salaries for anyone who can do more than just basic skills. The shortage is high and is exposing exchanges to hacking threats. Many companies in the cryptocurrencies market in Japan are in search of cybersecurity experts and specialists in the blockchain. This comes even as they faced the threat …

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Exchange Bitfinex Crypto Exchange Introduces 12 More Altcoins for Trading

Bitfinex Crypto Exchange Introduces 12 More Altcoins for Trading

Bitfinex joins Coinbase which announced the listing of more tokens including Bitcoin forks and other cryptocurrencies in future. Gemini also announced they will be adding more tokens on their platform. Bitfinex crypto exchange is adding some more 12 new ERC-20 tokens for trading on its platform according to their announcement on April 7. Customers will, …

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Exchange Billionaire George Soros Heading Towards Cryptocurrency Trading

Billionaire George Soros Heading Towards Cryptocurrency Trading

Soros is famous for betting against the pound in 1992 and has also said Britain may reverse Brexit as a result of economic slowdown. The move to bet in cryptocurrencies comes at a time when traditional money managers are staying away from cryptocurrencies.   Billionaire George Soros is planning to enter cryptocurrency trading after a …

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Exchange Coinbase to Support Withdrawal of Bitcoin Forks

Coinbase to Support Withdrawal of Bitcoin Forks

Coinbase subsidiaries will support withdrawals for forks, mostly at the time the fork occurs. The company said it made the announcement to both internally and to the public as consistent with their process for adding new assets.   The U.S. based Bitcoin exchange Coinbase is adding features to let users withdraw Bitcoin forks according to …

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Exchange Chilean State Bank Siege the Accounts of Three Cryptocurrency Exchanges

Chilean State Bank Siege the Accounts of Three Cryptocurrency Exchanges

Banco del Estado de Chile (Banco Estado), the only public bank supporting cryptocurrency, has decided to freeze accounts of the Chilean cryptocurrency exchanges Buda, Orionx, and CryptoMKT. According to the El Mercurio, a local news outlet stated that the only bank in the South American nation of Chile that works with cryptocurrency exchanges has made …

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Exchange Zebpay Cryptocurrency Exchange Halves Intraday Half the Trade Fees

Zebpay Cryptocurrency Exchange Halves Intraday Half the Trade Fees

Zebpay is the leading and largest cryptocurrency exchange in India with over 3 million users. Users can trade various cryptocurrencies by first buying with local cryptocurrency through a registered bank account.   India’s largest crypto exchange Zebpay has reduced to a half the fees for intraday transactions. Those buying and selling Bitcoins through the exchange …

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Exchange Coinnest Crypto Exchange Boss Arrested for Fraud and Embezzlement

Coinnest Crypto Exchange Boss Arrested for Fraud and Embezzlement

Regulators continue to raid crypto exchanges from early January this year after passing regulations to improve transparency. It raided three others last month on the same suspicion. CEO Kim Ik-hwan and a senior executive of South Korea crypto exchange Coinnest have been in detention for fraud and embezzlement. The investigators suspect that the two transferred …

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Exchange Study Says That 40 Percent of People Receives Salaries in Cryptocurrencies

Study Says That 40 Percent of People Receives Salaries in Cryptocurrencies

The company found out that 4 percent are already ready to receive payment in cryptocurrencies. 44 percent thought it was great to receive payment in crypto. Clients of rising People, can, from last year, pay employees in cryptocurrencies.   A research by Midex reveals that 40 percent of people are ready to accept salaries in …

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Exchange Monex Group Inc Confirms Interest In Hacked Coincheck Exchange

Monex Group Inc Confirms Interest In Hacked Coincheck Exchange

Japan’s third-largest online broker Monex Group Inc, a leading online trading company based in Tokyo has confirmed to take over Coincheck, the cryptocurrency exchange hacked in the month of January 2018. Recently, Monex Group made a statement that it was seeking to acquire the Coincheck cryptocurrency exchange. The exchange was the victim of a hack …

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Exchange New Lawsuit Filed Against Hacked Coincheck Crypto Exchange

New Lawsuit Filed Against Hacked Coincheck Crypto Exchange

New lawsuit around 82 million yen ($771,000) has been filed against Japanese cryptocurrency exchange Coincheck, who recently underwent a $530 million USD loss of the cryptocurrency NEM. Coincheck is the remarkable cryptocurrency exchange headquartered in Tokyo, Japan. In the month of January 2018, Coincheck became the victim of the largest heist in the history of …

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Exchange WavesGo Platform Allows to Launch Your Own Crypto Project

WavesGo Platform Allows to Launch Your Own Crypto Project

Like NXT, Waves Platform let you launch your own digital currency project and allow teams to trade the coins on the DEX. The platforms eliminate the hurdles and technical difficulties of launching cryptocurrency projects making the process faster for individuals and teams.    Waves, an already existing secure and multifunctional wallet, recently added WavesGo gateway …

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Exchange Monex Planning to Take over Coincheck Crypto Exchange

Monex Planning to Take over Coincheck Crypto Exchange

Monex Group Inc, Japanese online brokerage firm will enter cryptocurrency services in Japan. Nikkei reported that the company shared the news with major investors and regulators already. Japanese online brokerage firm Monex Group Inc is considering to buy Coincheck Inc according to a Tuesday announcement by Nikkei. The announcement by Nikkei did not close the …

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Exchange Beijing-Based Huobi Crypto Exchange Officially Launched in South Korea

Beijing-Based Huobi Crypto Exchange Officially Launched in South Korea

A Beijing-born Huobi crypto exchange has officially launched in South Korea. The platform supports the trading of 100 altcoins and 208 markets. It is also setting up an investor protection fund to pay damages that are not investor error. Huobi is a cryptocurrency trading platform and exchange based in Beijing, China. The trading platform was …

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Exchange Reddit Halts Bitcoin Payments After Coinbase Commerce Bugs

Reddit Halts Bitcoin Payments After Coinbase Commerce Bugs

Reddit says it is taking the move due to upcoming changes at Coinbase and the bug that is affecting some users. It will consider a demand for Bitcoin payments before deciding whether to re-enable the feature. Reddit, which has been accepting Bitcoin payments, has halted Bitcoin payments for its Gold membership due to issues affecting …

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Exchange Bitfinex Weighing on Decision to Move to Switzerland

Bitfinex Weighing on Decision to Move to Switzerland

Zug hosts a number of well-known crypto projects including Xapo, ShapeShift and Ethereum foundation and management. Bitfinex, which is currently located in the British Virgin Islands is considering also London as an alternative but Switzerland is top on the list. Bitfinex is planning to move its base from Hong Kong to Zug, Switzerland. The agency …

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Exchange Two More Japanese Cryptocurrency Exchanges to Shutter Their Businesses

Two More Japanese Cryptocurrency Exchanges to Shutter Their Businesses

Two other Japanese cryptocurrency exchanges are closing their doors after their operators allegedly withdrew their applications with the country’s Financial Service Agency. Hence, they are in the process of reverting client’s cash and crypto holdings. Tokyo Gateway and Mr. Exchange is closing down their operations As the regulations are severe in Japan, two additional cryptocurrency …

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Exchange Bitfinex is Adding New Additional Trading Pairs And Fiat Currencies

Bitfinex is Adding New Additional Trading Pairs And Fiat Currencies

Bitfinex, the largest cryptocurrency exchange is introducing additional trading pairs. It is adding two fiat currencies to its platform – the Japanese Yen and British Pound. It has also enabled deposits and withdrawals in both JPY and GBP Also, the trading platform is planning to change location from Hong Kong to Zug, Switzerland. Following the …

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Exchange Bithumb to Bring Cryptocurrency Merchants in South Korea

Bithumb to Bring Cryptocurrency Merchants in South Korea

Bithumb and Korea Pay expect to have 800,000 merchants into its platform by end of the year. The company is also planning for international expansion. Bithumb will roll out services to 8,000 brick and mortar outlets by the end of 2018 according to their latest announcement on March 26. The exchange will partner with digital …

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Exchange Chilean Cryptocurrency Exchanges Call for Regulatory Association

Chilean Cryptocurrency Exchanges Call for Regulatory Association

Chile government once financially supported a Bitcoin exchange called SURBTC to facilitate donations into the country after the 2015 earthquake. The two exchanges are asking the regulator to come clear on the issue of the use of banks by those holding and trading cryptocurrencies. BUDA and CRYPTOMKT cryptocurrency exchanges are asking the government to clarify …

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Exchange Coinbase to Add Support for ERC20 Tokens

Coinbase to Add Support for ERC20 Tokens

The ERC20 standard has become popular in the recent past for teams to quickly build interoperable contracts/assets. Coinbase will add tokens after listing on GDAX and after evaluating them on metrics such as liquidity and stability.   Coinbase, which currently supports Bitcoin BTC, will add ERC20 compliant tokens in the coming months according to a …

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Exchange Huobi Chinese Exchange Soon to Launch in the U.S.

Huobi Chinese Exchange Soon to Launch in the U.S.

The company is already registered with U.S. regulator database and has registered an office in the country. It is, however, entering a hotly contested market with Coinbase launching services for other cryptocurrencies.   Huobi, a Chinese crypto exchange will soon be operating in the U.S. according to their latest announcements. The company is already registered …

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Exchange South Korea’s Largest Firms Are Now More into Crypto Projects

South Korea’s Largest Firms Are Now More into Crypto Projects

South Korea internet, telecommunications, and gaming giants have invested heavily in leading crypto exchanges in the country. This is through funding Korbit, Bithumb, and Upbit.   The leading corporations in South Korea in the areas of insurance, telecommunications, gaming, and Internet are entering cryptocurrency markets through funding up-and-coming exchanges. More specifically, they are funding Korbit, Bithumb, …

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Exchange Zebpay Advice People on Crypto Investment with a Long-Term View

Zebpay Advice People on Crypto Investment with a Long-Term View

Zebpay head says people should also understand risks given the volatility in the markets and also consider starting to invest in small portions. Additionally, he says cryptocurrencies should be good news to India given that the country has largest inward remittance market at over $70 billion per year.   Zebpay Head of Exchange, Nischint Sanghavi is …

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Exchange Zimbabwe’s Golix Crypto Exchange Intends for a National Digital Revolution

Zimbabwe’s Golix Crypto Exchange Intends for a National Digital Revolution

Golix is already offering citizens the opportunity to enter into global cryptocurrency markets. Amidst tough economic times in the country with extensive inflation in the last decade. The crypto exchange is planning to expand in other parts of Africa.    Golix is the only indigenous cryptocurrency exchange operating in Zimbabwe and is set to open …

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Exchange Toronto Stock Exchange to Launch Crypto Brokerage Services

Toronto Stock Exchange to Launch Crypto Brokerage Services

The stock exchange crypto brokerage services will involve provision of data benchmarks and indices based on information from various cryptocurrencies, to investors. The move is meant to institutionalize cryptocurrencies.   TMX Group’s subsidiary Shorcan Digital Currency Network is partnering with PayCase Financial to launch a brokerage service that will provide data and investment advice to investors regarding cryptocurrencies. Through the platform, investors will access data relating to the ongoing status …

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Exchange Yahoo Japan to Establish a New Cryptocurrency Exchange- BitARG

Yahoo Japan to Establish a New Cryptocurrency Exchange- BitARG

The Yahoo Japan, company will buy shares in a local exchange at a cost of 2 billion Yen. The cryptocurrency exchange will launch this April and success expected after one year. Yahoo Japan will, reportedly, start a new cryptocurrency exchange tying up with BitARG — an exchange platform — in Japan. The platform will be an exchange for people to buy and sell Bitcoins. According to official sources, Yahoo Japan will acquire 40 percent of BitARG exchange as well as will launch the fully-fledged exchange in April …

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Exchange Coinbase Talking to Possess Bitcoin Startup Earn.Com

Coinbase Talking to Possess Bitcoin Startup Earn.Com

Coinbase, the cryptocurrency trading platform is intending to purchase Earn.com, online money making platform, formerly called as 21.co. Introduction to the Famous Crypto Actors: Coinbase & Earn.Com Coinbase Launched in the year 2012, Coinbase is one of the notable and most reliable cryptocurrency exchanges. Currently, it serves over 10 million customers, spanning across 32 countries including the …

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Exchange South Korea’s Largest Exchange Upbit Launches New Cryptocurrency Index (UBCI)

South Korea’s Largest Exchange Upbit Launches New Cryptocurrency Index (UBCI)

Upbit, South Korea’s second largest and world’s fifth-biggest cryptocurrency exchange is planning to launch new cryptocurrency index called UBCI (Upbit Crypto Index) Business Expansion using new Upbit Crypto Index A report by Business Korea was noted that the company operating Upbit, Dunamu. The primary aim is to provide this cryptocurrency index in order to make …

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Exchange Former U.S. Congressional Intern Is Helping Venezuela’s Petro Crypto Quest

Former U.S. Congressional Intern Is Helping Venezuela’s Petro Crypto Quest

Gabriel Jimenez is working with the government in a move he sees as helpful to Venezuela’s current problems. Investors have already committed to buy more than $5 billion worth of Petro cryptocurrency. U.S. is fearing that other countries facing sanctions could follow Venezuela route.   One of the persons behind the Social Us, a company …

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Exchange Circle launches crypto exchange in US, to expand in Asia

Circle launches crypto exchange in US, to expand in Asia

Circle is making great strides to expand after acquiring Poloniex exchange and is moving to the U.S through a new app “Circle Invest”. The app will let users trade a variety of crypto assets.   Circle Invest – Crypto App for Investors The circle has launched a new crypto exchange app called Circle Invest, moments …

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Exchange Startup Backed by Goldman Sachs Circle Is Hiring to Explore Globally

Startup Backed by Goldman Sachs Circle Is Hiring to Explore Globally

The startup recently acquired Poloniex crypto exchange and plans to expand its services globally, starting with Asia. The Circle is optimistic on cryptocurrency and says it wants to add more market options for traders. Circle Internet Financial Ltd., a mobile-payments firm which recently announced that it has acquired Poloniex cryptocurrency exchange. It is planning to …

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Exchange South Korean Prosecutors Raided 3 Cryptocurrency Exchanges

South Korean Prosecutors Raided 3 Cryptocurrency Exchanges

South Korean prosecutors raided three cryptocurrency exchanges suspecting misappropriation of user funds. According to the local news reports, South Korean prosecutors are considering three cryptocurrency exchanges in doubt of purchasing Bitcoin with money they stole from customer’s accounts. Exchange staff and executives are suspects of diverting money from the account of users to their personal …

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Exchange Electronic Frontier Foundation (EFF) Adds Bitcoin Cash as a Payment Option

Electronic Frontier Foundation (EFF) Adds Bitcoin Cash as a Payment Option

Electronic Frontier Foundation joins many other companies that added Bitcoin Cash as a payment option. Microsoft, Tor and Overstock.com also accept Bitcoin and Bitcoin Cash payments. Electronic Frontier Foundation (EFF) is the latest of the many organizations to list Bitcoin Cash as a payment option. The company has been accepting Bitcoin, Credit Card and PayPal …

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Exchange Coinbase Deals with Barclays Bank Account and UK’s Money License

Coinbase Deals with Barclays Bank Account and UK’s Money License

One of the largest cryptocurrency exchange, Coinbase has two updates to share, firstly, the UK’s Financial Conduct Authority (FCA) has granted an e- money license. Another update is that Coinbase is the first ever crypto exchange to support quick payment scheme in UK. The FCA’s license will allows Coinbase to issues e-money and provide quick …

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Exchange Square Applies for a Bitlicense to Extend Bitcoin Trading to New York

Square Applies for a Bitlicense to Extend Bitcoin Trading to New York

Square started testing Bitcoin trading features last year and rolled out for more customers in December. It excluded four states with strict regulations. However, users in Wyoming can also trade on the app following passage of regulations that favor crypto services. Digital payments company Square confirmed on Twitter on Tuesday that they want a license …

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Exchange Reis & Irvy Inc Commenced to Accept Cryptocurrency Payments

Reis & Irvy Inc Commenced to Accept Cryptocurrency Payments

Customers of Coinbase will be able to pay for the products by scanning code on the Coinbase wallet. The company will accept payment in a variety of cryptocurrencies including Bitcoin, Ethereum, Bitcoin Cash, and Litecoin. Reis & Irvy Inc will be the first to accept cryptocurrency in exchange for a range of frozen yogurt and …

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Exchange Binance Crypto Exchange Is Offering US $250,000 Bounty for Hackers’ Tip-Offs

Binance Crypto Exchange Is Offering US $250,000 Bounty for Hackers’ Tip-Offs

Binance has also created a kitty for future bounties and calls on other platforms to do so saying that this will prevent hacking activity. The exchange suffered hacking threats to its trading bots last week although it says all funds are safe.   Binance is offering a US$250,000 bounty to anyone with information leading to …

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Exchange Winklevoss Twins: Gemini Exchange to add in Bitcoin Cash and Litecoin

Winklevoss Twins: Gemini Exchange to add in Bitcoin Cash and Litecoin

Gemini’s addition of Bitcoin Cash and Litecoin might mean their Bitcoin futures partner CBOE will also move on with expansion. The Winklevoss said they are pleased with the latest move by SEC to require crypto exchange platforms to register with SEC. Crypto trading platform Gemini Exchange, Winklevoss twins, the owners will add Bitcoin Cash and …

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Exchange Binance CEO Changpeng Zhao: ‘All Funds Are Safe’

Binance CEO Changpeng Zhao: ‘All Funds Are Safe’

Binance CEO Changpeng Zhao announced the irregular trades have been determined and will be reversed. He also addressed users to secure their accounts against future phishing attacks. On Wednesday, Binance, the renowned cryptocurrency exchanges in the world by volume has been hacked. Binance users complained about Reddit and Twitter by stating their altcoins had been …

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Exchange Paypal Files Patent for Expedited Cryptocurrency Transaction System

Paypal Files Patent for Expedited Cryptocurrency Transaction System

The system is meant to eliminate latency or delay in confirming cryptocurrency transactions.  PayPal has filed a patent for a system related to Bitcoin and which targets at expediating virtual currency transactions and improving anonymity. The “expedited cryptocurrency transaction system” filed with the US Patent and Trademark Office. It describes a system that creates primary …

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Exchange BTCXIndia and ETHEXIndia stopovers cryptocurrency trading

BTCXIndia and ETHEXIndia stopovers cryptocurrency trading

The two stopped accepting deposits as early as January 1 and asked clients to withdraw funds by March. BTCXIndia will now focus on blockchain consultancy services hoping the government will learn the benefits of blockchain and adopt viable regulations BTCXIndia and ETHEXIndia cryptocurrency exchanges have both suspended cryptocurrency trading on their platforms starting this Monday …

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Exchange Coincheck Undergoes Class Action to Return Missing Crypto Assets

Coincheck Undergoes Class Action to Return Missing Crypto Assets

More investors joined the earlier lawsuit filed in Tokyo District Court Controversies company said earlier on that it will reimburse Yen worth of NEM without specifying a date of refund. However, some customers say the company should have refunded NEM instead of Yen or given Yen at a higher rate of NEM.  An additional 132 …

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Exchange Australians Can Buy Bitcoin & Ethereum at Newsagents

Australians Can Buy Bitcoin & Ethereum at Newsagents

More than 1200 newsagent across the country will offer service to buy Bitcoin and Ethereum for the Australian crypto enthusiasts’ people. Australian residents can be able to purchase BTC or ETH with just $50, and email address and a phone number. The cryptocurrency can be in your wallet within minutes by just scanning a QR …

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Exchange CFTC and SEC Allowing Employees for Cryptocurrency Trading

CFTC and SEC Allowing Employees for Cryptocurrency Trading

SEC also allows employees to trade in cryptocurrencies. However, unlike the CFTC, SEC requires them to pre-clear all the digital currency. Employees of Commodity Futures Trading Commission employees can invest in cryptocurrencies but under specific guidelines. For instance, they are not allowed to take advantage of insider information sourced from their jobs. Additionally, they are …

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Exchange Bitcoin Billionaire Tyler Winklevoss Metaphorized on Cryptocurrencies

Bitcoin Billionaire Tyler Winklevoss Metaphorized on Cryptocurrencies

On February 27, Tyler Winklevoss with brother Cameron, co-founder of the Gemini cryptocurrency supports the long-time argument topic, popular among crypto bulls: Bitcoin is gold, Ether is oil, Litecoin is a Tesnet. Speaking in New York City, the twin brother backs cryptocurrency. A cryptocurrency is a form of digital gold. Both Bitcoin and gold are …

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Exchange Chinese Government Must Consider Bitcoin, Not Ban: Cai Wensheng

Chinese Government Must Consider Bitcoin, Not Ban: Cai Wensheng

The angel investor and a founder of the Meitu photo editing app, Cai Wensheng criticized the Chinese government’s carelessness toward ICOs and cryptocurrencies. He wants China to employ mining and exchange operation to its own beneficiaries. According to the Chinese entrepreneur, Cai Wensheng around 80% of the world’s bitcoin mining hardware is from China.  Already …

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Exchange Germany Ministry of Finance Says Not to Tax Bitcoin Purchases

Germany Ministry of Finance Says Not to Tax Bitcoin Purchases

According to the guidance, released Tuesday by the Ministry of Finance, Germany has said that they won’t tax Bitcoin users for consuming the cryptocurrency as a means of Payment. The new German official documents stated that Bitcoin would treat unvaryingly to legal tender for tax purposes when used as a means of payment. Also, cryptocurrencies …

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Exchange Venezuela Government Provides Free Cryptocurrency Trading Course

Venezuela Government Provides Free Cryptocurrency Trading Course

The Venezuela Government has started a school to teach its citizens about cryptocurrency trading and also the country’s oil-backed Petro currency.  Estimating Petro Currency Recently, the Venezuela government launched its own Petro currency; it has now opened a training center. It is to impart its citizens about the cryptocurrency trading and specifically on the owned …

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Exchange Zero Fee Cryptocurrency Trading Now on Phone – Robinhood App

Zero Fee Cryptocurrency Trading Now on Phone – Robinhood App

The Robinhood app also is known as zero fee stock trading app unveils its plans to on Thursday regarding the cryptocurrency trading by phone. Robinhood app will allow users to buy and sell Bitcoin and Ethereum without add-on transaction fees. As per the announcement on Thursday, users in Missouri, California, Montana, Massachusetts and New Hampshire …

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Exchange SegWit is now live on GDAX

SegWit is now live on GDAX

GDAX now supports Segregated Witness (SegWit) transactions according to an official announcement by the company yesterday. The company said it was thrilled to support SegWit, being an important step towards the development of Bitcoin. GDAX will implement SegWit in full in the coming days. The update from GDAX comes after SegWit implementation on Coinbase and …

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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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