Tagged: exchange

QuadrigaCX Widow Turns Assets Over to Harmed Crypto Exchange Users

Jennifer Robertson, widow of deceased QuadrigaCX founder Gerald Cotten, has disclosed that she will be turning over the “vast majority” of her assets to the Quadriga estate so they may be used to partially compensate users who lost funds when Quadriga collapsed. In a letter… Read More

97% of South Korean Crypto Asset Exchanges Could Be Shut Down Due to New Regulatory Requirements: Report

South Korea’s regulators have consistently preferred supporting blockchain-related initiatives over decentralized crypto tokens. Recent events confirm that the nation’s authorities are more inclined to support blockchain technology itself rather than investments in speculative cryptocurrencies.  According to local reports, approximately 97% of local crypto-asset exchanges might… Read More

Korean Crypto Exchange Coinone Ordered to Compensate Customer Who Lost Funds in Hack

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Coinone, a popular cryptocurrency exchange in Korea, has been ordered by a judge in Seoul to pay 25 million won (~$20 780 USD) to a customer who had his exchange accounts drained in a hack. According to Chosun IT, this is Korea’s first case of a… Read More

ISO’s Information Security Accreditation Awarded to World’s Largest Cryptocurrency Exchange Binance

Binance, reportedly the world’s largest cryptocurrency exchange by adjusted trading volume, revealed that it has been granted an information security accreditation after adhering to standards outlined by the International Organization for Standardization (ISO). In order to satisfy the internationally recognized ISO/IEC 27001 standard, Binance’s management… Read More

Binance is Coming: Formidable Asia-Founded Crypto Exchange Will Begin Registering Traders on Compliant US Exchange Next Week

Binance, believed to be one of the world’s largest crypto trading platforms, will begin registering users wanting to trade select “crypto assets” on the company’s “Binance.US” platform next Wednesday. “Binance.US will open account registration and begin accepting deposits of BTC, ETH, XRP, BCH, LTC, and USDT… Read More

BitMEX Hires Derek Gobel as General Counsel

HDR Global Trading Limited (dba BitMEX) has appointed Derek Gobel as the group’s General Counsel, according to a release. BitMEX is a large crypto derivatives trading platform that is licensed in the Seychelles. Arthur Hayes, BitMEX co-founder and CEO issued the following statement: “Derek brings… Read More

Bakkt Now Accepting Customer Bitcoin Deposits & Withdrawals, Futures to Launch September 23

Digital asset exchange and ecosystem Bakkt is nearing complete launch. Bakkt, part of the Intercontinental Exchange (ICE) – a group that also owns the New York Stock Exchange (NYSE), received the necessary regulatory approvals earlier this year. Bakkt proves a compliant platform that expects to… Read More

Bitcoin Co., Thailand’s Biggest Crypto Trading Platform, Shutting Down

Thailand’s largest cryptocurrency trading platform, Bitcoin Co., has announced it will be shutting down Sept 30th: “Bitcoin Co. Ltd. has decided to discontinue offering digital exchange services and wallet services at our BX.in.th website…” The company cites a desire, “to focus on other business opportunities,”… Read More

Binance, World’s Largest Crypto Trading Platform, Acquires JEX Derivatives Exchange

Binance, a platform reportedly handling 55% of the world’s crypto trading traffic, has acquired a crypto derivatives platform called JEX, Binance has announced: “JEX will join the Binance ecosystem as Binance JEX and focus on further building the cryptoasset derivatives market, providing Binance users with professional… Read More

Liechtenstein-based Digital Asset Exchange Blocktrade Acquired by Cryptix

Cryptix AG, a provider of services in the blockchain and DLT sector, has acquired digital asset exchange Blocktrade. Cryptix is based in Switzerland and Blocktrade is based in Lichtenstein. Details of the acquisition were not provided. Cryptix said the acquisition will not affect existing customers… Read More

After 4-Month Fight, Bitfinex Ordered to Provide Business Records

A judge presiding over proceedings in a case of alleged fraud by crypto trading platform Bitfinex (and associated companies) has ordered the companies to provide records compelled under ex parte orders issued in New York in April. Almost immediately after the orders were issued, Bitfinex… Read More

Crypto Exchange Edge Crowdfunds on BnkToTheFuture Led by Bitmex and Fenbushi Capital

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Edge, a “non-custodial cryptocurrency exchange and wallet platform” is raising capital from a group of industry participants as well as smaller investors. According to a release, Edge has launched a “pre-series A” round seeking $2 million hosted on BnkToTheFuture. The round is said to be… Read More

Beaxy Crypto Exchange Halts Trading After Hack Involving Major Sell Off of Ripple (XRP)

A cryptocurrency exchange called Beaxy halted trading across the board  August 12th after a high-volume sell-off of XRPs (Ripple tokens) tanked the tokens’ price on the exchange: The exchange corresponded about the suspension in a blog post, stating: “We recently experienced unusual(ly) high volume activity… Read More

France Perspective: Philippe Dardier of Avolta Partners Discusses Blockchain.io ICO

France is a country that is seeking to position itself as a jurisdiction of preference when it comes to blockchain technology and the issuance of digital assets. Blockchain innovation has been aided by vocal government support and new legislation signed into law that allows for… Read More

Coinbase Considering Another Set of Tokens

As part of its stated goal, “to offer support for all assets that meet our technical standards and…comply with applicable laws…(and give) customers around the world…access…to at least 90%…of all digital assets in circulation,” Coinbase has announced it is “exploring the addition of new assets.”… Read More

Record Bitcoins Flow Out of BitMEX as CFTC Investigation Looms

More than half a billion dollars in Bitcoins ($525 million USD) left the building at BitMEX this month after news of a CFTC investigation broke in the press, CCN reports. BitMEX is a crypto derivatives trading platform that allows 100X leveraged bets. BitMEX does not have… Read More

Huobi Receives Digital Asset Exchange License in Thailand

Thailand’s Ministry of Finance has granted Huobi a digital asset trading license. This will be the 5th such license approved in Thailand. The license allows Huobi to trade in tokens and fiat. In May of 2018, Thailand announced that only compliant and approved platforms could… Read More

Report: CFTC Investigating BitMEX, Crypto Trading Platform Allowing 100x Leveraged Trades

The US Commodity Futures and Trade Commission (CFTC) is engaged in a “months-long” investigation of BitMEX, a cryptocurrency exchange that made its mark by enabling retail investors to conduct 100x leveraged trades of bitcoins, Bloomberg reports. According to “people familiar with the matter,” the CFTC… Read More

Owner of WEX, Rebranded Crypto Exchange That May Have Processed Bitcoins for Russian Spies, Arrested in Italy

Dmitry Vasiliev, a 32-year old Russian who took over and rebranded the notorious BTC-e exchange when its alleged admin, Alexander Vinnick, was arrested in Greece in 2017, is now under arrest in Italy, the BBC reports. Vasiliev rebranded BTC-e, “the largest Russian-language platform for the… Read More

“Hybrid Decentralized Exchange” IDEX Delists Bitfinex’s LEO Token

IDEX, a “DEX” (decentralized exchange) registered in Panama and billing itself on Twitter as the “Number 1 Hybrid DEX on Ethereum,” has announced it is delisting LEO, a controversial exchange token created by Bitfinex. Bitfinex, it’s parent company iFinex and fellow subsidiary company Tether have… Read More

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