Tagged: exchange

December 22, 2018 @ 2:14 pm By Cali Haan  |  

About one week after its CEO delivered a keynote address to the Korean parliament on the regulation of crypto markets there, the Upbit cryptocurrency exchange’s board chair, finance director and an employee have been indicted for allegedly, “inflat(ing) the volume of transactions by making ($226.2… Read More

December 20, 2018 @ 12:52 pm By JD Alois  |  

eToroX, a subsidiary of eToro, has been granted a distributed ledger technology (Dlicenseence from the Gibraltar Financial Services Commission (GFSC). eToro is a multi-asset trading platform that combines more traditional asset classes such as equities with crypto assets. eToro is regulated in Europe by the… Read More

December 19, 2018 @ 1:33 am By Cali Haan  |  

A Romanian citizen arrested last week by local cyber police and American Secret Service agents has been released on bail in the city of Cluj where he runs one of the region’s largest crypto exchanges. The agents flew to Romania to seek the arrest and… Read More

December 16, 2018 @ 2:56 pm By Cali Haan  |  

Kraken cryptocurrency exchange, one of the largest and longest-established crypto exchanges in the US, is offering private equity shares of the company to accredited investors for a minimum investment of $100 000. Kraken sent an email soliciting equity contributions this week to “our most valued… Read More

December 14, 2018 @ 1:19 pm By JD Alois  |  

In a press release posted this week, Dooga Ltd., doing business as Cubits, announced it was seeking bankruptcy protection as the firm entered administration. The company said more information was available on their website which simply generated a 500 error. According to the company, Dooga… Read More

December 13, 2018 @ 10:42 pm By JD Alois  |  

Crypto exchange IronX has added two more names to its board of advisors. The former CEO of Sirin Labs Tal Cohen and Dr. Paolo Tasca have signed up to help the firm. Sirin Labs raised a reported $158 million in an initial coin offering. The company… Read More

December 13, 2018 @ 10:23 am By JD Alois  |  

The CEO of crypto exchange Panxora (formerly operating as First Global) says he is “unhappy” with the US regulatory model. The comments come following the Commodity Futures Trading Commission’s (CFTC) request for information on “crypto-asset mechanics” including Ethereum (Ether) and Bitcoin Gavin Smith says he is… Read More

December 13, 2018 @ 8:51 am By Cali Haan  |  

Prosecutors and police from the Romanian Organized Crime Brigade and other divisions as well as four agents from the US Secret Service arrested a Bitcoin exchange operator Tuesday in the city of Cluj, Romania, EVZ reports. Călin Vlad Nistor, 30, is reportedly being investigated in two criminal… Read More

December 6, 2018 @ 6:37 pm By Cali Haan  |  

The Third Chamber of the Supreme Court of Chile has ruled that Chilean banks had every right to abruptly stop serving the OrionX cryptocurrency exchange last spring, Emol reports. The decision has been nine months in the making. Last April, 10 Chilean banks cut services to… Read More

December 3, 2018 @ 3:45 pm By Samantha Hurst  |  

OKEx, a Malta-based digital assets exchange, announced on Monday the launch of its new product, Perpetual Swap, as part of its crypto-based financial product suites. According to OKEx, users may now perform perpetual swap, futures contract, and spot trading with margin and leverage at one stop. OKEx… Read More

December 2, 2018 @ 9:50 pm By JD Alois  |  

HBUS, the digital currency exchange that is a sister company to Huobi – one of the largest crypto exchanges in the world, has launched an interesting promotional campaign that strives to highlight the fast-evolving securities markets with a jab towards Coinbase. As part of the campaign, HBUS… Read More

November 22, 2018 @ 12:19 pm By Cali Haan  |  

The transfer of the recently hacked Japanese cryptocurrency exchange Zaif to new owners has been finalized, says a release from the new owners, FISCO. For a time, the Zaif system will operate independently of the  Fisco Cryptocurrency Exchange (FCCE), which is already operating, but will… Read More

November 22, 2018 @ 8:35 am By JD Alois  |  

The Gibraltar Financial Services Commission (GFSC) has approved a full license to the Gibraltar Blockchain Exchange (GBX) under Gibraltar’s Financial Services Regulations 2018 DLT [distributed ledger technology] framework. GBX is a subsidiary of the Gibraltar Stock Exchange Group (GSX Group). GSX now claims to be the first… Read More

November 16, 2018 @ 8:49 am By Cali Haan  |  

The world’s 3rd largest cryptocurrency exchange by trading volume, Huobi, has laid off 6 of 10 workers at its location in Brazil, Portal do Bitcoin reports. The layoffs, though not the exact number, were confirmed by Huobi’s local CEO in Brazil, Frank Tao. Huobi, which… Read More

November 15, 2018 @ 12:25 pm By JD Alois  |  

KPMG Australia and Independent Reserve have joined to manage a pressing issue: taxes for cryptocurrency transactions. The two companies have partnered on a new “Crypto Tax Estimator.” Founded in 2013, Independent Reserve is said to be the largest cryptocurrency exchange in Australia. The crypto exchange… Read More

November 14, 2018 @ 6:05 am By JD Alois  |  

HBUS , the strategic partner of crypto platform Huobi, has announced Jay Ryu as VP of Corporate Development. Prior to joining HBUS, Ryu was Venture Capital Director at Draper Athena, where he led tech investments while working closely with portfolio companies on operational and strategic initiatives. Huobi… Read More

November 8, 2018 @ 8:22 pm By JD Alois  |  

Bitsy, a “user-friendly bridge” between the US dollar and Bitcoin will be publicly available this Monday (November 12, 2018). Bitsy is a portfolio company of Medici Ventures – Overstocks (NASDAQ: OSTK) – blockchain accelerator. According to a release, Bitsy users will be able to download the… Read More

November 5, 2018 @ 7:25 pm By JD Alois  |  

LXDX, a crypto exchange that claims to operate with “military-grade security protocols,” has announced an initial Security Token Offering (STO). The Malta-based corporation will issue tokens that represent a 10% stake in the company along with dividend rights. LXDX claims to be the first digital asset… Read More

November 2, 2018 @ 9:21 am By JD Alois  |  

The former Head of Equity Options at Cboe Global Markets Kapil Rathi has joined digital asset firm AlphaPoint as Global Head of Trading Markets.  Rathi will lead and manage the blockchain based company on its trading and exchange business. AlphaPoint is a Fintech that seeks to help… Read More

November 1, 2018 @ 7:23 am By JD Alois  |  

Mercury.Cash, a wallet and emerging crypto exchange, has selected KoreConX’s services for their security token offering (STO), according to a release from KoreConX. Mercury.Cash a fully licensed crypto and remittance exchange authorized to do money transmission by Office of Financial Regulation with Money Transmitter License… Read More