Tagged: crypto exchange

January 10, 2020 @ 2:44 pm By Omar Faridi  |  

Bithumb, South Korea’s largest digital asset exchange, might invest over $8 million into the nation’s regulatory sandbox program and ecosystem. Through its subsidiary GCX Alliance, Bithumb’s management has shown intent to invest up to 10 billion Korean won (appr. $8 million) into Korea’s regulatory free… Read More

December 26, 2019 @ 4:53 pm By Cali Haan  |  

Binance, one the world’s busiest cryptocurrency exchanges that blocked U.S. customers this year and now sits in 33rd place, has enabled cryptocurrency purchases via Visa credit card for its European and UK customers. “Binance will now allow users to bind their Visa cards to their accounts and… Read More

December 24, 2019 @ 7:22 am By Cali Haan  |  

The widow of QuadrigaCX cryptocurrency exchange founder Gerald Cotten is reportedly “shocked and saddened” that lawyers for harmed investors have asked for Cotten’s body to be exhumed. Cotten reportedly died in India last December when acute symptoms of Crohn’s disease overcame him while he was on… Read More

December 20, 2019 @ 8:00 am By Cali Haan  |  

Japanese cryptocurrency exchange Coincheck, which sustained a $534 million USD hack last January, has decided to stop offering leveraged trades of cryptocurrencies on its platform. According to a company blog post: “Coincheck has decided to end the “leverage transaction” service on Friday, March 13, 2020…If… Read More

December 17, 2019 @ 10:20 pm By Cali Haan  |  

The OTC division of San Francisco’s Kraken cryptocurrency exchange has announced it is acquiring prominent crypto start up Circle’s “Circle Trade” OTC division. “Today, we’re excited to announce that Kraken is acquiring one of the most recognized OTC desks in crypto, Circle Trade,” Kraken states… Read More

December 16, 2019 @ 11:46 am By Cali Haan  |  

Representatives from Grant Thornton have published their Liquidator’s Second Report regarding collapsed New Zealand cryptocurrency exchange Cryptopia. Just prior to its dissolution in May, Cryptopia had over 2.2 million registered users worldwide and 37 employees, Grant Thornton (GT) claims. Hackers are believed to have stolen… Read More

December 14, 2019 @ 10:32 am By Omar Faridi  |  

We recently caught up with Marie Tatibouet, CMO at Gate Technology, the parent company of crypto-asset exchange Gate.io and Wallet.io. Tatibouet, a management postgraduate from the Emlyon Business School, talked about the security measures that Gate.io has implemented to help protect users’ assets. She also… Read More

December 10, 2019 @ 8:25 am By JD Alois  |  

While some well-known digital asset marketplaces are exiting the crypto-exchange sector in the US (too many rules, too little time), cryptoasset-to-USD lender and wealth manager BlockFi is bucking the trend. BlockFi currently provides services to customers worldwide, including 47 U.S. states, with interest-earning accounts and… Read More

December 9, 2019 @ 4:43 pm By Cali Haan  |  

HBUS, a compliant US-based crypto trading platform formed in partnership with popular China-based cryptocurrency exchange Huobi, has announced it is closing its doors. Huobi announced the plans in a tweet titled “HBUS Cease to Operate”: “We regret to inform you that HBUS will need to… Read More

December 4, 2019 @ 10:28 am By JD Alois  |  

A group of former Morgan Stanley executives is launching a crypto derivatives exchange in a move to rival the CME. Phemex, a trading platform that claims to be able to manage 300,000 TPS, is said to be on par with the technical capabilities of the… Read More

December 1, 2019 @ 7:21 pm By Cali Haan  |  

After suspending deposits and withdrawals and conducting “an emergency server check,” Korean cryptocurrency exchange Upbit has notified users that it was hacked. The announcement appears as a notice on the exchange’s website: “My name is Lee Seok-Woo, CEO of Doo-Tum…At 1:06 PM on November 27,… Read More

November 29, 2019 @ 4:03 pm By Cali Haan  |  

Kraken’s highest-tiered and verified ‘pro’ customers will now be able to use Silvergate Bank’s Exchange Network (SEN) to fund their cryptocurrency trading accounts. An announcement on the Kraken blog states: “We are pleased to announce that Kraken has joined the Silvergate Exchange Network (SEN)…a proprietary internal… Read More

November 27, 2019 @ 9:38 pm By Omar Faridi  |  

The company behind an Estonia-headquartered, Nasdaq-powered digital currency exchange DX.Exchange is reportedly halting its operations, after a petition submitted by its workers. CX Technologies, the Israeli firm that had been managing DX.Exchange’s operations, entered bankruptcy after 78 employees filed a petition against the exchange with… Read More

November 25, 2019 @ 4:48 pm By Cali Haan  |  

Poloniex, a “cryptoasset” exchange acquired by Circle in early 2018 and “spun out” by them in October, has asked all US-based customers to cease depositing and trading and to withdraw their funds. The platform has been closed to US customers since November 1st and is now… Read More

November 24, 2019 @ 12:39 pm By Omar Faridi  |  

OKEx, one of the world’s largest futures digital currency exchanges, revealed an update on November 22 regarding its four main business partners for OKB, the trading platform’s globally accessible utility token, which is aimed at “connecting digital asset projects.” According to a press release shared… Read More

November 24, 2019 @ 8:34 am By Omar Faridi  |  

Authorities in China continue to crack down on crypto-related businesses. Recently, the nation’s police officials closed down local digital asset exchange BISS and took 10 people into custody, as they were suspected of being involved in the trading platform’s business operations. On November 22, 2019,… Read More

November 12, 2019 @ 9:31 pm By Cali Haan  |  

A spokesperson for the Royal Bank of Canada (RBC) has confirmed that the top 5 Canadian bank has filed patents for crypto trading platform technology. The spokesperson would not confirm plans to launch, however. “(L)ike many other organizations,” Jean Francois Thibault told The Logic Monday, “(RBC) files patent… Read More

October 31, 2019 @ 4:45 am By Cali Haan  |  

Three of the biggest cryptocurrency exchanges in the world are seeking licenses and banking partners to set up in the Ukraine, Andriy Kolodiuk, Chair of the supervisory board of the Ukrainian Venture Capital and Private Equity Association (UVCA), told the Kyiv Post this week. He… Read More

October 30, 2019 @ 9:20 am By JD Alois  |  

CoinList, an offshoot from the team that created AngelList, is launching a compliant cryptocurrency exchange – CoinList Trade. The company called the move a “natural next step” that will allow secondary trading of tokens as well as seamless distribution. CoinList has been a leader in… Read More

October 29, 2019 @ 10:44 am By JD Alois  |  

Interdax, a digital assets exchange offering crypto derivative contracts has opened its testnet to the public, according to a company release. Interdax, registered in the Seychelles, said its crypto derivatives platform takes a “novel approach to trading” by giving investors the option to interact and… Read More