Tagged: exchange

October 31, 2018 @ 12:29 pm By Cali Haan  |  

Coinbase has opted to raise funds from, “some very high quality investors….who have a very constructive thesis on crypto,” in a series round and won’t be doing an initial public offering (IPO) any time soon, Bloomberg reports. “There’s not going to be an IPO any… Read More

October 31, 2018 @ 10:11 am By Cali Haan  |  

Banco do Brasil and Banco Santander have been ordered by a Federal District and Territorial Court (TJDFT) judge in Brazil to restore banking services to the Bitcoin Max cryptocurrency exchange- or pay fines, Portal do Bitcoin reports. According to Bitcoin Max lawyer Leonardo Ranna, all bank… Read More

October 31, 2018 @ 8:02 am By JD Alois  |  

Modulus, a US based firm that provides financial services software / hardware, and Quantex, a regulatory compliant digital asset exchange, have jointly announced a partnership to bring blockchain enabled financial services products to institutional customers. As part of the joint venture, the companies will launch… Read More

October 30, 2018 @ 12:16 pm By JD Alois  |  

Revealed last week during the Crypto Invest Summit, Coinbase now sports a huge $8 billion in valuation following a $300 million Series E funding round. Today, Coinbase COO Asiff Hirji provided a personalized update on the funding in a blog post. Hirji stated: “Today, we’re pleased… Read More

October 29, 2018 @ 11:11 pm By JD Alois  |  

Bitstamp, a Luxembourg based crypto exchanged, has been acquired. Revealed in a blog post today, the crypto operation reported that NXMH, a Belgium-based investment company, had purchased the exchange for an undisclosed sum. Bitstamp founder and CEO Nejc Kodrič said the platform has been pursued by potential… Read More

October 25, 2018 @ 12:26 pm By Cali Haan  |  

Japan’s Financial Services Authority (FSA), the independent regulator of the financial services sector there, is considering imposing a limit as low as 2-1 on margin trades of cryptocurrency conducted on local exchanges, Nikkei Asian Review (NAR) reports. The move is being contemplated as a measure to… Read More

October 22, 2018 @ 3:32 pm By Cali Haan  |  

Mercado Bitcoin, Brazil’s largest cryptocurrency exchange by volume and registered customers fired “at least” 20 employees at the start of last week, Portal do Bitcoin reports. Four employees spoke to the publication on the condition of anonymity. They said executives were fired on Monday, and… Read More

October 22, 2018 @ 2:13 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has issued an order to suspend trading in shares of American Retail Group, Inc. which trade on OTC Markets (OTC:ARGB). Trading was said to be halted due to “statements about partnering with a claimed SEC-qualified custodian for use with… Read More

October 15, 2018 @ 2:29 pm By Cali Haan  |  

International banking and investment conglomerate Barclays has suspended its internal study into the possible creation of a cryptocurrency trading desk within the organization, according to a story in Financial News London. Earlier this year, rumours surfaced that Barclays had assembled a team of four executives tasked… Read More

October 11, 2018 @ 1:50 pm By Cali Haan  |  

Japanese cryptocurrency exchange Zaif has announced that its acquisition by “investment support services” firm FISCO has been finalized and says it will compensate users affected by a $60 million dollar hack that occurred September 14th: “On 10 October, the Company concluded the business of our virtual currency… Read More

October 9, 2018 @ 1:33 pm By Cali Haan  |  

Vancouver-based cryptocurrency exchange QuadrigaCX has been defending itself in court for the release of $28 million dollars in customer funds frozen by the Canadian Imperial Bank of Commerce (CIBC) since January, the Globe and Mail reports. According to court documents filed by CIBC in the… Read More

October 9, 2018 @ 1:26 pm By JD Alois  |  

Fast moving Fintech Circle has launched a few new products. First, Circle has released a new mobile App for both iOS and Android for Poloniex users to be able to trade cryptocurrency anytime – anywhere. Even better, the native app is both localized and available… Read More

October 6, 2018 @ 10:05 am By JD Alois  |  

TAU Exchange (TAU-X), a new entrant into the increasingly crowded cryptocurrency marketplace, says it is scheduled to launch on October 18th with around 32,000 accounts (or wallets) due to “an overwhelming amount of interest from the public.” TAU Exchange says that it will not use… Read More

October 4, 2018 @ 9:28 pm By Samantha Hurst  |  

Trinkler Software AG, a blockchain development company founded by Reto Trinkler, who was recently named to the Forbes 30 under 30 of 2018, announced on Thursday the official launch of Agora Trade, which is a community-owned crypto-to-crypto exchange that offers non-custodial, cross-blockchain cryptocurrency trading with free off-chain… Read More

October 3, 2018 @ 1:49 pm By Cali Haan  |  

Ten Brazilian cryptocurrency exchanges and one OTC (over-the-counter/private) dealer have until the 19th of October to answer a questionnaire from that country’s anti-trust authority, and could face fines of up to  $25 000 USD if they fail to respond, Portal do Bitcoin reports. The Brazilian… Read More

October 2, 2018 @ 6:21 pm By Cali Haan  |  

One of Canada’s main cryptocurrency exchanges, Toronto-based Coinsquare, has announced it has secured a banking partnership with on of Canada’s top five banks. The bank has so far gone unnamed. In a press release issued to announce the venture, Coinsquare says it is, “one of… Read More

October 2, 2018 @ 4:26 pm By JD Alois  |  

On September 28th, WSJ.com published an article on cryptocurrency entitled “How Dirty Money Disappears into the Black Hole of Cryptocurrency.” Authors Justin Scheck and Shane Shifflett slammed crypto exchange Shapeshift as complicit in illicit trades deemed to be attempts to launder money with with crypto. Yesterday, Erik Voorhees,… Read More

October 1, 2018 @ 4:52 pm By JD Alois  |  

As we reported last week, Coinbase has announced a process where any and all altcoins can apply to list and trade on the growing Coinbase platform. Currently, the application process is free and Coinbase aptly notes that accepted crypto will be regulatory compliant and only… Read More

October 1, 2018 @ 10:23 am By Cali Haan  |  

A self-regulatory group created to sustain Japan’s cryptocurrency sector is tightening rules on how much cryptocurrency exchanges are allowed to store in “hot wallets” connected directly to the Internet, Japan Times reports. The change is being advised about two weeks after hackers stole $60 million… Read More

September 26, 2018 @ 8:36 am By JD Alois  |  

Coinbase has announced a new path for altcoin creators to apply to trade on the crypto exchange. Shared in a blog post yesterday, Coinbase stated: “Today we’re announcing a new process that will allow us to rapidly list most digital assets that are compliant with… Read More