April 20, 2019 @ 11:27 am By Cali Haan  |  

The Executive Deputy Superintendent for Banking at the New York State Department of Financial Services (NYDFS) has taken to the media to respond to claims from the Bittrex crypto trading platform that it was treated unfairly when denied a license to do business in the… Read More

April 17, 2019 @ 10:35 pm By JD Alois  |  

It is not just disruptive startups that are looking to create value in the digital asset sector. More traditional firms are taking the plunge, dedicating capital and investing in the future of finance. In the secondary market and primary issuance sector, there are numerous young… Read More

April 17, 2019 @ 12:00 pm By JD Alois  |  

AlphaPoint, a blockchain company focused on enabling asset tokenization and trading in a compliant manner, has partnered with Elevated Returns to launch a “secondary market for $1 billion USD tokenized real estate shares.” The exchange will focus on the Southeast Asian property markets. Elevated Returns… Read More

April 17, 2019 @ 1:29 am By Cali Haan  |  

Ongoing regulatory uncertainty in India regarding the use and trading of cryptocurrencies has caused a number of related firms there to close or relocate. Most recently, reports Economic Times, Indian crypto trading platform Unocoin has made additional staff cuts, and it’s total workforce now sits… Read More

April 11, 2019 @ 2:16 pm By Cali Haan  |  

The New York State Department of Financial Services (NYDFS) has denied Seattle-based cryptocurrency trading platform Bittrex’s application for a BitLicense to offer the trading of cryptocurrencies and tokens in the state. The decision was provided in a letter to Bittrex CEO Bill Shihara dated April… Read More

April 11, 2019 @ 11:26 am By Cali Haan  |  

A man who formerly managed institutional sales and trading for the Kraken cryptocurrency exchange is suing the firm for more than $900 000 USD in commissions he claims are outstanding, Bloomberg reports. The suit filed in New York on April 4th by the Silver-Miller Law… Read More

April 10, 2019 @ 2:59 pm By Cali Haan  |  

The Texas State Securities Board (TSSB) has issued an emergency cease and desist order against FxBitGlobe, a company the Board claims is “trading mostly in falsehoods” for pervading an unlikely cryptocurrency investment program that has pyramid-scheme features. According to the TSSB, FxBitGlobe, “claims to be… Read More

April 9, 2019 @ 12:17 pm By Cali Haan  |  

Canadian cryptocurrency exchange Quadriga CX has been placed in bankruptcy this week, CBC reports. The exchange had been undergoing restructuring following the sudden death of founder Gerald Cotten and the loss of $260 million CAD in exchange funds. Cotten’s wife, Jennifer Robertson, filed for credit protection in… Read More

March 28, 2019 @ 2:06 am By Cali Haan  |  

The disastrous demise of Canadian cryptocurrency exchange QuadrigaCX has been well covered to date, including: the mysterious, sudden death of founder Gerald Cotten in India in early December 2018. the criminal past of Quadriga co-founder Michael Patryn. the alleged $190 million USD “loss” of client funds… Read More

March 24, 2019 @ 6:04 am By JD Alois  |  

KRONN Ventures AG, a Switzerland based blockchain focused company, has signed a memorandum of understanding(MOU) with Linh Thanh Group, for the “production of cryptocurrency and the establishment of cryptocurrency exchange” in Vietnam. According to a release, the group has received a license from regulators to… Read More

March 22, 2019 @ 11:27 am By Cali Haan  |  

Bakkt, a cryptocurrency futures trading and custody platform being built by the Intercontinental Exchange (ICE) in New York, has raised $740 million USD from Series A investors to date, The Block reports. The project raised $182.5 million last year, and new funds may have come… Read More

March 20, 2019 @ 7:30 am By JD Alois  |  

Caspian, a crypto trading platform for professional traders and investors, has integrated its platform with Deribit, a crypto options and futures exchange, according to a release from the firm. Via its API, Caspian now claims to be the first institutional platform to offer both options… Read More

March 12, 2019 @ 8:18 am By Cali Haan  |  

Police in Australia have arrested a 27-year-old man and charged him with 14 counts related to possession and distribution of hard drugs and steroids. As a related aspect of the drug bust, police have also, “suspended the registration of two digital currency exchange businesses where… Read More

March 8, 2019 @ 8:41 am By Cali Haan  |  

Jennifer Robertson, the wife of Gerald Cotten, the deceased founder of Canadian crypto exchange QuadrigaCX, has asked a Canadian court to reimburse her for $300,000 in costs she incurred by filing for creditor protection, Bloomberg reports. Robertson filed for creditor protection in late January after… Read More

March 6, 2019 @ 9:52 am By Cali Haan  |  

US-based cryptocurrency exchange Coinbase, whose recent acquisition of Italian digital surveillance specialist Neutrino sparked a #DeleteCoinbase campaign on Twitter late last week, is taking pains to distance itself from the controversy- in part by firing key staff at Neutrino. Critics are angry that Coinbase acquired… Read More

March 2, 2019 @ 7:42 pm By Cali Haan  |  

Owners of the Kraken cryptocurrency exchange platform are offering a $100 ooo USD reward for information that may help recover $190 million USD in funds lost by the Canadian crypto platform QuadrigaCX. Quadriga CX fell apart in January following the untimely death of company CEO… Read More

February 28, 2019 @ 2:07 am By Cali Haan  |  

Citing, “poor market conditions” and “recent staff redundancies” at Huobi -and eight months after opening the office- the Huobi “cryptocurrency financial services group” has announced on Huobi Australia’s Twitter account that it will be closing all departments at Huobi Australia. Huobi is a top ten cryptocurrency trading… Read More

February 27, 2019 @ 11:03 am By JD Alois  |  

Huobi Global is now offering deposit and withdrawal service for Tether (USDT) in both its Omni Protocol and ERC20 token form. Prior to today, Huobi only offered USDT linked to Bitcoin’s Omni layer. Bitcoin-based USDT and Ethereum-based USDT are considered two separate cryptocurrencies which run on different… Read More

February 27, 2019 @ 8:36 am By JD Alois  |  

In a blog post earlier this week, cryptocurrency exchange Bitfinex reported that 27.66270285 BTC (approximately $105,000) have been returned to customers due to the efforts of US law enforcement. The returned Bitcoins were part of a theft that took place in 2016. Bitfinex reported that it… Read More

February 26, 2019 @ 10:16 pm By Cali Haan  |  

Korean cryptocurrency trading platform Coinbin, which took over “Top Ten Korean …Exchange” Youbit last April after Youbit lost $15 million USD (17 billion won) in customer funds in a hack, has declared bankruptcy and ceased all trading on February 22nd, Business Korea reports. Coinbin CEO Park Chan-kyu… Read More