Tagged: crypto exchange

Crypto Exchange WazirX’s CEO Nischal Shetty Claims Government Agencies in India are Taking More Interest in Blockchcain and Digital Assets

Nischal Shetty, founder and CEO at WazirX, an Indian cryptocurrency exchange acquired by Binance, claims that government agencies in the country have begun to take more interest in understanding and even helping to grow the nation’s nascent digital asset and blockchain ecosystem. Shetty noted via… Read More

CoinDCX Explains how Onfido’s AI-enhanced Software uses Biometrics to Verify Users’ IDs on India-based Digital Asset Exchange

The digital asset and blockchain space is still in its infancy or early stages of development. There are many companies working on developing key infrastructure needed to support emerging cryptocurrency businesses. Cybersecurity, ID verification, AML/KYC processes, and even cryptocurrency-related insurance services are already being developed… Read More

Singapore Crypto Exchange TomoChain Set to Launch P2P Lending Feature Through TomoDex Platform

TomoChain, a Singapore-based cryptocurrency exchange platform, is reportedly set to launch a new peer-to-peer lending feature this weekend through its newly launched TomoDEX platform. Founded in 2017, TomoChain claims to be the “most effective” platform for the token economy. The platform reported that its mission… Read More

India’s CoinSwitch, an Aggregator of Digital Asset Exchanges, Introduces Indian Rupee based Crypto Exchange Mobile App

CoinSwitch.co, an established aggregator of digital asset exchanges in India, recently introduced CoinSwitch Kuber, which is the Indian Rupee (INR) cryptocurrency exchange mobile app designed specifically and “exclusively” for the Indian market. This launch has come during very challenging times as the world tries to… Read More

Binance to Reportedly Launch its Stablecoin BUSD on Harmony Protocol’s Blockchain Network

Binance, the world’s largest cryptocurrency exchange, will reportedly launch its stablecoin, Binance USD (BUSD) on Harmony protocol’s blockchain network. Stephen Tse, founder at Harmony, noted via Twitter that the launch is “just in time for Harmony’s Binance Launchpad anniversary.”   BREAKING: @binance USD (BUSD) will… Read More

Coinbase Adds Maker (MKR) Governance Token, Will Support MKR-BTC, MKR-USD Trading, but No ETH

San Francisco-based crypto exchange Coinbase has confirmed that on June 8, 2020, it will begin taking inbound transfers of Maker (MKR) to Coinbase Pro, the platform for professional digital asset traders. The exchange operator said that users may start trading MKR via Coinbase “on or… Read More

Coinbase Introduces Tezos (XTZ) Staking to Earn Rewards by Passively Holding Crypto on the Exchange in the UK, certain EU Countries

San Francisco-based cryptocurrency exchange Coinbase is focused on providing more ways for users to earn financial rewards by simply holding digital assets. Coinbase recently introduced Tezos (XTZ) staking rewards for its US-based customers. The exchange will now be offering this option to its UK clients… Read More

Digital Asset Derivatives Trading Platform, Delta Exchange, Acquires Strategic Investment from New York’s CoinFund

Delta Exchange, an established cryptocurrency derivatives exchange that maintains offices in Singapore, has received funding from New York-headquartered blockchain investment firm, CoinFund. As mentioned in a release shared with CI, the new investment will provide Delta Exchange with the resources needed to scale its operations… Read More

Leading Indian Crypto Exchange CoinDCX Secures $2.5 Million in Additional Investments to Support Nationwide “TryCrypto” Campaign

  CoinDCX, one of India’s largest digital asset exchanges, has secured an additional $2.5 million in funding from several major blockchain investors, including Coinbase Ventures (the investment division of cryptocurrency exchange Coinbase) and Polychain Capital. The latest investment acquired by CoinDCX has come around two… Read More

Insider Trading? OmiseGo (OMG) Surges 200% Just 15 Minutes after Coinbase Listing, but then Crashes Immediately

San Francisco-based cryptocurrency exchange Coinbase began supporting trading with OmiseGo (OMG) on May 21, 2020. The OMG token price surged 200% in only 15 minutes after the listing, however, it then crashed immediately. OMG is trading at $1.88 at the time of writing, down 5.44%… Read More

Seedrs Funded Crypto Exchange Young Raises More Capital

Young, an Italian crypto-exchange startup that raised seed funding on Seedrs last fall, has raised additional capital at a valuation of €10 million. When Young raised funding on Seedrs the pre-money valuation was pegged at €8.5 million. The company ended up raising €787,480. Details on… Read More

Coinbase to Move to a Remote-First Work Policy, Due to COVID-19 Outbreak

Brian Armstrong, CEO at San Francisco-based crypto exchange Coinbase, noted on May 20, 2020 that the firm would be moving to a remote-first policy, due to the COVID-19 outbreak. This means that most Coinbase employees will be able to work remotely from home. Armstrong confirmed… Read More

Binance Registers New Domain Name with Chinese Government, Three Other Seemingly Related Firms Also Registered, Public Records Show

Leading multinational digital asset exchange Binance has reportedly registered a new domain name with the government in China. Public records show that the Chinese Ministry of Industry and Information Technology has approved Binance’s requested domain name (binance.cn). The approval was granted in April 2020. Records… Read More

Binance.US CEO Catherine Coley: Speed & Fees Will Help Us Compete

Last summer, Binance, the largest digital asset exchange in the world, announced a partnership with “BAM Trading Services” to launch crypto trading services for users in the United States. That same week, Binance updated its terms of service to exclude “any U.S. person.” Binance explained:… Read More

Uniswap, an Ethereum-based Non-Custodial Cryptocurrency Exchange, Launches Second Version of Protocol

Uniswap, a widely-used non-custodial digital asset exchange, has revealed that the second version of the decentralized protocol has now been launched. The developers of Uniswap had noted in March 2020 that they would be releasing the second iteration of the decentralized finance (DeFi) protocol. Uniswap’s… Read More

Andreessen Horowitz-backed dYdX, a Non-Custodial Exchange, Launches Bitcoin (BTC) Perpetual Contracts Market

Andreessen Horowitz (a16z)-backed dYdX, a non-custodial cryptocurrency exchange, has confirmed the public launch of its Bitcoin (BTC) perpetual contracts market. Perpetual contracts are derivatives that are somewhat like futures contracts, however, they don’t have an expiry or fixed settlement date. Perpetual contracts closely resemble a… Read More

Sumit Gupta: Co-founder at CoinDCX Reveals How India’s Banks Have Responded to Crypto Businesses After Supreme Court Lifted RBI’s Banking Ban

  In March, it was reported that CoinDCX had secured $3 million in funding through a Series A investment round, led by Bitcoin Mercantile Exchange (BitMEX) operator, HDR Group. At that time, Sumit Gupta, co-founder and CEO at CoinDCX, said the crypto space in India was developing… Read More

India: CoinSwitch Plans Crypto Exchange

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

Cayman Islands Proposes New Legislation to Regulate Firms Dealing in Cryptocurrencies, Particularly Exchanges

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

Coinbase Introduces its own Cryptocurrency Price Oracle to Enhance Resiliency of the Price Feed Process

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

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