Bitcoin Mercantile Exchange (BitMEX) a bitcoin trading venue that offers professional traders up to 100x leverage, Bitcoin futures and swaps, has announced that it now enabled Bech32 sending support on its platform, making it possible for its users to withdraw their bitcoins (BTC) to their Bech32 wallets and enjoy exciting benefits, according to a blog […]
Major cryptocurrency exchange platform, Bitfiniex, has taken steps to monitor transactions that occur on the platform, by integrating a compliance tool, Chainalysis KYT from Chainalysis, a top blockchain analysis startup. The tool will help the crypto exchange to monitor transactions that occur on the exchange and combat money laundering and illegal activities. Bitfinex Integration Bespoke […]
Hodl Hodl has launched the first part of the exchange’s API today, December 13, 2019. The new API release will allow any website or application to display offers from Hodl Hodl, best known for its peer-to-peer (P2P) structure that allows it to operate without holding user funds. This will help the bitcoin exchange’s offers to […]
Poloniex was once the most liquid cryptocurrency exchange in the world, boasting daily volumes upwards of $400 million at one point. However, from poor customer service resulting in faltering exchange activity to being spun off by Circle, the exchange has dropped off the charts in a rather haphazard manner, December 5, 2019. Fall From Grace […]
DXM, subsidiary of UpBit stakeholder Dunamu, works with crypto cybersecurity firm Ledger to launch an institutional crypto asset custody service. DXM, a financial services subsidiary of South Korean fintech firm Dunamu, has worked with crypto cybersecurity firm Ledger to launch an institutional crypto asset custody service. The partnership and the new custodian Industry news outlet […]
These seven major hacks remind us: not your keys, not your crypto.
Crypto exchange UpBit announced that 342,000 ETH worth about $50 million were sent to an unknown wallet. Major South Korean cryptocurrency exchange — run by a subsidiary of Korean tech giant Kakao — has notified users of the theft of 342,000 Ether (ETH) from its hot wallet. The incident was confirmed in an official statement […]
342,000 ether have been taken from the wallets of South Korean crypto exchange Upbit, the firm’s CEO says.
The China-based IDAX exchange caused jitters after suffering withdrawal troubles in the past days. But it turns out the backlog of withdrawals is most likely due to the company’s decision to leave the market in mainland China. IDAX Still Shows Active Operations IDAX saw unconfirmed rumors of its CEO disappearing, taking with him private keys […]
OKEx, the largest digital assets exchange platform has achieved yet another milestone with the CryptoCompare Exchange Benchmark report placing it among the top 10 cryptocurrency exchanges in the world, at number 6. This is not the first time OKEx has been featured in the CryptoCompare reports. In fact, recently the platform was listed as the […]
The world’s leading commodity and stock exchange Australian Securities Exchange (ASX) recently turned heads by adopting blockchain for its new post-trade solution and improving its post-trade efficiency by reducing operational costs. Although the decision may have intrigued many at the time, ASX Deputy CEO, Peter Hiom, believes that blockchain will become a reasonably routine technology […]
Changpeng Zhao, CEO of Binance cryptocurrency exchange, has vowed to sue The Block Crypto, a cryptocurrency news website for reporting that Binance’s office in Shanghai was shut down abruptly after a police raid. CZ believes that the news contributed partly to bitcoin’s most recent price slump, reports Micky on November 23, 2019. CZ Intends to […]
Even though the exchange was officially launched in 2013, Kraken is a leading force in the blockchain industry since 2011. Founded by Jesse Powell, the company provides one of the leading exchange services by focusing on quality security mechanisms, low fees, and flexible funding options. Based in San Francisco, Kraken provides a high-liquidity exchange that […]
Binance has acquired the well-known Indian crypto exchange WazirX, bringing easier cryptocurrency access to a population of over one billion. Binance has acquired the well-known Indian crypto exchange WazirX, bringing easier cryptocurrency access to a population of over one billion. According to an announcement published on Nov. 21, users will be able to use Indian […]
Luxembourg-based cryptocurrency exchange Bitstamp has hired Andrew Leelarthaepin to lead its business development efforts in Asia. Luxembourg-based cryptocurrency exchange Bitstamp has hired Andrew Leelarthaepin to lead its business development efforts in the Asia-Pacific (APAC) region. In a Nov. 13 press release, Bitstamp announced that Leelarthaepin was joining the company to further expand the exchange’s presence […]
Despite an earlier denial, Justin Sun is part of an investment group buying troubled crypto exchange Poloniex.
Senior executives at a South Korean crypto exchange have been indicted in connection with a $386 million investment fraud. The news marks yet another drastic action taken by authorities in the country against cryptocurrency exchanges. Eight Crypto Exchange Execs Indicted for Fraud According to Yonhap News, a court in Seoul on Monday (November 11, 2019) […]
Royal Bank of Canada previously stopped account holders buying Bitcoin with its cards, but is now reportedly interested in launching a crypto trading platform. A Canadian bank, which banned its clients from buying Bitcoin (BTC), could now become the first in the country to launch a cryptocurrency exchange. As innovation economy news outlet The Logic […]
Bithumb plans to launch a native token on top of its namesake blockchain next year.
Financial regulators in Hong Kong will introduce clear cut rules to govern the operations of cryptocurrency exchanges. Meanwhile, reports show that fund managers continue to struggle with the stringent requirements for crypto investment in Hong Kong. SFC To Regularize Hong Kong Cryptocurrency Exchange Scene According to Reuters, Hong Kong’s Securities and Futures Commission (SFC) is […]
Huobi Global, a leading cryptocurrency exchange with a presence in numerous jurisdictions across the globe, has announced plans to freeze the accounts of all United States users on November 13, 2019, due to regulatory uncertainties. U.S. traders are advised to withdraw their funds before that date, according to a blog post on November 4, 2019. […]
Argentina’s government is imposing stricter measures to prevent access to foreign exchange reserves. As a result, Bitcoin price on one of the country’s local exchanges is currently trading at a 25 percent premium. Trading Jobs Cut Boosts Bitcoin Price Shifting politics, economic uncertainty, and stricter forex controls have led Argentine banks to eliminate trading desk […]
The Stellar Development Foundation’s (SDF) unanimous decision to burn XLM’s supply by half could spell troubles for the project, believes noted bitcoin maximalist WhalePanda. The anonymous trader on Tuesday said the cryptocurrency exchanges could start treating XLM as security, explaining that SDF showed excessive control over the blockchain asset when they cut down its supply […]