Tagged: exchange

June 27, 2019 @ 9:56 am By JD Alois  |  

Merj Exchange plans to list its own shares claiming to be the “first-ever regulated security token on a national exchange.” Merj, based in Seychelles, is a securities exchange, clearing agency, and securities facility regulated by the Financial Services Authority as a national exchange. Merj says… Read More

June 27, 2019 @ 8:10 am By Cali Haan  |  

A trader on Synthetix, “a decentralized protocol focused on creating synthetic assets,” took advantage of a price feed (oracle) glitch governing smart contracts on the platform to mint $37 million in synthetic ethers, Crypto AM reports. According to a blog post by Synthetix, the manoeuvre… Read More

June 22, 2019 @ 12:00 pm By Cali Haan  |  

Fiduciary and operational incompetence have been a matter of record since news emerged that Gerald Cotten, CEO of the Canadian cryptocurrency trading platform QuadrigaCX, died without giving anyone password access to $215 million CAD of user cryptocurrencies he ostensibly kept in cold wallet storage devices…. Read More

June 14, 2019 @ 4:16 pm By Cali Haan  |  

One day after announcing the creation of a dedicated cryptocurrency trading platform for US customers, Binance, the world’s largest cryptocurrency exchange by volume, has modified its terms of service to exclude “any U.S. person.” The change comes under the subheading “Prohibition of Use” in the… Read More

June 11, 2019 @ 10:20 am By JD Alois  |  

Following an $8 million funding round, Beaxy has launched a full-service cryptocurrency exchange. Beaxy is currently available in 185 different countries and 43 US states. In a blog post, Beaxy added some insight into the tiered roll-out explaining that “certain aspects of the exchange may… Read More

June 10, 2019 @ 11:15 pm By Cali Haan  |  

160 Bitcoins stolen in a massive hack on the Bitfinex cryptocurrency exchange in 2016 started moving across the blockchain late last week after being dormant for more than 2 years, Hard Fork reports. The cryptocurrency is part of a stash of 744 408 Bitcoins taken… Read More

June 6, 2019 @ 10:37 am By Cali Haan  |  

Jihan Wu, departed CEO and co-founder of the world’s largest crypto-mining hardware producer, Bitmain, will launch an OTC cryptocurrency custody and trading desk called Matrix within a month, sources to  The Block report. The unnamed commenters also believe the exchange will have a tremendous advantage in… Read More

June 6, 2019 @ 1:24 am By Cali Haan  |  

The Israeli Supreme Court has ordered Bank Leumi to restore services to cryptocurrency exchange platform Bits of Gold, according to a blog post. Bank Leumi had been previously ordered to restore banking to Bits of Gold last February, but that order was only temporary and Bank… Read More

June 5, 2019 @ 5:14 pm By Cali Haan  |  

Operators of Coinroom, a Polish cryptocurrency trading platform registered in 2016, have shut down the platform suddenly and disappeared with client funds, Polish business media site Money reports. At least 50 people on an online forum have claimed they lost between 300 and 60,000 “zlotys”… Read More

June 4, 2019 @ 3:58 pm By Cali Haan  |  

The US Federal Bureau of Investigation (FBI) is seeking information from investors who lost money when the Canadian cryptocurrency trading platform QuadrigaCX fell apart late last year. Individuals with questions or concerns about the failed exchange or who believe they were a victim in the… Read More

June 3, 2019 @ 8:26 am By JD Alois  |  

BitMEX Ventures, the investment arm the BitMEX crypto exchange (HDR Global Trading Ltd), has invested in Philippine Digital Asset Exchange (PDAX), a cryptocurrency exchange based in the Philippines. Terms of the investment were not disclosed. In a release, BitMEX said its investment will help strengthen… Read More

May 29, 2019 @ 7:17 am By Cali Haan  |  

A court in the Southern District of New York has granted provisional relief to defunct New Zealand cryptocurrency exchange Cryptopia as it attempts to maintain access to customers’ trading balance data managed by an Arizona firm claiming the exchange owes it $2 million USD. Cryptopia… Read More

May 27, 2019 @ 9:52 pm By Cali Haan  |  

Ex parte orders filed against the Binance crypto trading platforms by a leg of the VC firm Sequoia Capital have backfired as a judge’s staying of the orders have ushered in a countersuit against Sequoia brought by Binance CEO Changing Zhao, also known as “CZ,”… Read More

May 26, 2019 @ 5:39 pm By JD Alois  |  

Last month, Canada-based Fintech Blockstation announced a relationship with the Jamaica Stock Exchange (JSE). As part of a pilot program, the Blockstation trading platform is being used by the JSE for listing, trading, clearing, and settlement of digital currencies (BTC and ETH). Security tokens are… Read More

May 21, 2019 @ 5:40 pm By JD Alois  |  

Yes, it appears to be true. Bitconnect, a poster child for crypto hubris and scams, seems to be poised to be reanimated as a crypto exchange in Bitconnect 2.0. While it is not clear who is behind the new site hopefully the sequel is far… Read More

May 21, 2019 @ 11:38 am By JD Alois  |  

Popular crypto exchange Kraken is crowdfunding. Kraken has partnered with Bnk to the Future to “create a rare, but limited opportunity for both large and small investors to own shares of Kraken stock.” Kraken claimed over $85 billion in crypto trading during 2018. Beginning yesterday… Read More

May 18, 2019 @ 9:30 am By Cali Haan  |  

Liquidating New Zealand crypto exchange Cryptopia has announced that it has halted trading and frozen customer assets and balances, “In order to… get an accurate picture of the current situation.” Accordingly, no withdrawals of fiat or crypto will be permitted by the exchange until, “…an… Read More

May 16, 2019 @ 7:18 am By Cali Haan  |  

Cryptopia, a New Zealand-based cryptocurrency trading platform that, in February, watched helplessly for days as hackers drained an estimated $16 million USD in cryptocurrency tokens from exchange coffers, has gone into liquidation. According to business advisory firm Grant Thornton New Zealand, which is overseeing the liquidation:… Read More

May 14, 2019 @ 1:35 pm By Cali Haan  |  

Trustees from Ernst and Young Inc. (EYI) have submitted a preliminary report assessing the assets remaining at QuadrigaCX, a Canadian cryptocurrency exchange that lost access to an estimated $240 million CAD in exchange funds last winter after the untimely death of CEO and sole Director,… Read More

May 13, 2019 @ 12:00 pm By JD Alois  |  

HBUS, a US-based digital asset marketplace and part of the Huobi Group, says that crypto adoption is gaining momentum in the US. HBUS was launched in July of 2018 and is part of Singapore-based Huobi Group’s global expansion plans. HBUS surveyed 1067 US citizens during… Read More