Tagged: crypto exchange

May 6, 2020 @ 8:20 am By JD Alois  |  

CoinSwitch, an aggregator of cryptocurrency exchanges, has announced the launch of a dedicated cryptocurrency exchange for India. The announcement follows recent changes in India that enabled crypto exchanges to have relationships with banks. India is, of course, a huge market with profound potential for growth…. Read More

May 1, 2020 @ 7:30 pm By Omar Faridi  |  

The legislative assembly of the Cayman Islands has introduced five new pieces of legislation that may be used to regulate local firms dealing in cryptocurrencies. The proposed rules have mainly been created to monitor the operations of digital asset exchanges. The Virtual Asset Service Provider… Read More

April 25, 2020 @ 7:13 pm By Omar Faridi  |  

San Francisco-based crypto asset exchange Coinbase has introduced its own price oracle in order to further enhance the resiliency of the price feed process. An oracle is a price feed offered by a third-party. It provides real-world financial data to a decentralized network. Nearly all… Read More

April 21, 2020 @ 5:40 pm By Omar Faridi  |  

Digital asset exchange Bitnomial has been approved to offer Bitcoin (BTC) futures and options contracts. Established in 2015, Bitnomial acquired $7.5 million in capital through an equity raise that was finalized in December of last year. On April 20, 2020, the exchange operator confirmed that… Read More

April 7, 2020 @ 3:07 pm By Omar Faridi  |  

San Francisco-based crypto exchange Kraken has appointed industry lawyer Marco Santori as the company’s chief legal officer. Kraken’s management noted on April 6, 2020, that Santori would be using his experience working with regulatory authorities, financial institutions, payment service providers, broker-dealers, and several other industry… Read More

April 3, 2020 @ 12:09 pm By JD Alois  |  

Coinfield, a smaller crypto exchange operating out of Estonia, is working with Solegenic to “connect traditional financial markets with crypto assets,” according to a release. Sologenics, an entity that is affiliated with Coinfield, says it facilitates users with investing, trading, and on-demand tokenization of over… Read More

March 26, 2020 @ 6:55 pm By Omar Faridi  |  

Delta Exchange, a crypto asset derivatives exchange, reports that it has maintained a stable monthly trading volume of $400-$500 million. Delta Exchange’s management revealed on March 3, 2020, that they’re introducing their options products, including BTC-MOVE and ETH-MOVE contracts. Delta Exchange is reportedly the first… Read More

March 25, 2020 @ 9:51 am By Omar Faridi  |  

Digital asset exchange Bitfinex has introduced a new surveillance tool, called “Shimmer,” reportedly in order to combat cryptocurrency market manipulation and other types of abuse. The tool will also help promote “orderly trading” on the exchange, according to the company. Bitfinex has been the target… Read More

March 16, 2020 @ 10:20 am By JD Alois  |  

Singapore based Zilliqa, a speedy blockchain platform, has partnered with Switcheo, to launch a “non-custodial, decentralised exchange” (DEX). Zilliqa and Switcheo are said to be working towards a minimum viable product and rounds of internal testing by the end of Q2 2020 and external user… Read More

March 5, 2020 @ 8:05 am By Omar Faridi  |  

CoinDCX, one of the largest cryptocurrency exchanges in India, revealed on March 4, 2020 that it has become the first digital asset trading platform in the country to integrate bank account transfers.  This development has come right after the Supreme Court of India lifted the… Read More

March 1, 2020 @ 12:27 pm By Omar Faridi  |  

A former employee of Digitex, a digital asset derivatives trading platform, reportedly began leaking compromised know-your-customer (KYC) data via Telegram.  The stolen data includes passport and drivers license images and other sensitive information which allegedly belongs to over 8,000 traders registered on Digitex.  The Seychelles-headquartered… Read More

February 29, 2020 @ 5:56 pm By Omar Faridi  |  

Over two thousand firms have reportedly either tested or used facial recognition software solutions created by Clearview AI. The list of firms notably includes San Francisco-based crypto exchange Coinbase. BuzzFeed went through Clearview’s internal company documents and released its findings on February 28. The report… Read More

February 29, 2020 @ 2:30 pm By Omar Faridi  |  

LINE, a Japan-based messaging service provider, has reportedly closed down its Singapore-headquartered crypto exchange BITBOX and has launched a globally accessible platform, BITFRONT. Headquartered the US, BITFRONT is run by LVC USA, which is a subsidiary of LVC Corporation, a company that manages LINE’s digital… Read More

February 27, 2020 @ 8:41 am By Omar Faridi  |  

San Francisco-based Square, Inc. (NYSE:SQ), a payment and mobile financial service provider, has released its Q4 2019 earnings report, which notably highlights a record-breaking quarter for Bitcoin (BTC)-related transactions. Square’s management revealed that the company handled over $178 million in BTC purchase volumes during the… Read More

February 23, 2020 @ 6:00 pm By Omar Faridi  |  

Amsterdam-headquartered BUX, a retail brokerage company, confirmed recently that it will be introducing the “soft launch” version of its cryptocurrency trading platform during the first week of next month. However, the Dutch Fintech firm says it’s not aiming for fast customer acquisition. Called “BUX Crypto,”… Read More

February 23, 2020 @ 5:48 pm By Omar Faridi  |  

The Malta Financial Services Authority (MFSA), the nation’s financial regulator, released a statement on February 21, claiming that it never actually regulated Binance, the world’s largest crypto-asset exchange in terms of adjusted trading volume.  To quote the MFSA: Following a report in a section of… Read More

February 22, 2020 @ 9:58 am By Omar Faridi  |  

Digital asset exchange Bitso managed to capture a little more than 2% of the remittance market from the United States to Mexico in 2019 and now aims to gain a 20% market share by the end of this year. Established in 2014, Bitso experienced significant… Read More

February 18, 2020 @ 8:48 am By Omar Faridi  |  

Malta-based digital asset exchange Binance’s Singapore division has applied for a new payments license under the city-state’s new Payment Services Act, which became effective on January 28, 2020. Changpeng Zhao, CEO at Binance, the world’s largest crypto-asset exchange in terms of adjusted trading volume, confirmed:… Read More

February 17, 2020 @ 2:11 pm By Omar Faridi  |  

Coinbase Commerce has added major stablecoin DAI as a new payment option for its merchant client base. As mentioned in a press release from Coinbase’s management, merchants using the Coinbase Commerce platform will be able to take payments made in the DAI stablecoin. Vendors can… Read More

February 11, 2020 @ 12:22 pm By JD Alois  |  

BlockQuake is a digital asset exchange that hopes to launch at some point in 2020. Sure, they may appear late to the game but the company has been founded by a group of Wall Street veterans who are focused on the need to be compliant… Read More