Exchanges

Bankrupt DX Exchange Reportedly Didn’t Pay Israeli Suppliers and Employees

It was recently reported that digital assets trading platform DX Exchange ceased operations and was looking for a way to exit the market via a merger or a sale. New details from Israel show that the exchange reportedly didn’t even have the cash flow to pay its suppliers and employees. Also Read: Crypto Winter Claims...
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92% Of Institutional Investors Keep Their Crypto On Exchanges

Some of the most popular crypto analysts explain what happened to the crypto market over the past few weeks. For the first time in more than six months, we are seeing these low levels which show there are strong signals for returning to crypto winter. As we are about to read in the coming altcoin...
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Localethereum Becomes Localcryptos and Adds BTC Trading

P2P trading site Localethereum has rebranded to Localcryptos, allowing users to buy and sell both ETH and BTC without KYC. The platform has been providing peer to peer trading services for ethereum since 2017, but in a surprise announcement this week, the website revealed its new home, localcryptos.com and rolled out its P2P trading service...
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What Indian Crypto Exchanges Are Doing to Protect P2P Users

With the Supreme Court of India postponing the crypto hearing, the Indian crypto community is calling for better protection when trading on P2P platforms. Several top crypto exchanges in the country have shared their processes and policies they have implemented to protect their P2P platform users. Also read: Indian Supreme Court Wraps up Crypto Hearing...
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China Renews War on Crypto Activities to Seal Loopholes

Beijing has renewed its war on crypto activities just over one month since President Xi Jinping lauded the potential of blockchain technology. According to the official document from Shanghai headquarters of the People’s Bank of China (PBoC) and the Shanghai Municipal Financial Regulatory Bureau, the authorities have launched a new campaign to shut down all...
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Instant Crypto Exchange Changelly Secures Access to SLP Tokens

Instant cryptocurrency exchange Changelly will start to use digital asset rates from Bitcoin.com’s trading platform. This will ensure better prices for Changelly users and help increase the reach of all SLP tokens that are exclusively listed on Bitcoin.com Exchange. Also Read: Universal Protocol Alliance to List Mega-Utility Token on Bitcoin.com Exchange Changelly to Use Rates...
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Troy Trade Review: Decentralized Crypto Trading & Asset Management

The cryptocurrency trading world is expanding, and new companies like Troy Trade are working to extend prime brokerage services to established financial firms, as well as crypto–trading operations that need a tier 1 liquidity provider that operates in numerous crypto liquidity pools. Troy Trade is focused on professionals. Instead of operating a crypto exchange, the...
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South Korean Exchange CEO Sentenced to 16 Years in Prison

A South Korean district court has sentenced executives of a local crypto exchange to prison. The CEO of the exchange got a 16-year jail sentence while other executives and their accomplices got between six and 11 years. They duped thousands of investors, promising them up to 200% return within weeks. Also read: Korean Presidential Committee...
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Evercoin Launches Bitcoin and Cryptocurrency Hardware Wallet

New York, NY, 12 November 2019 – At New York Consensus Invest Summit, Evercoin Inc. today announced Evercoin 2, the “safest hardware wallet”. Evercoin 2 provides a wallet and exchange for bitcoin and other cryptocurrencies featuring a hardware wallet the size of a house key powered by YubiKey 5ci, the first implementation of its kind....
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Nominex Review: Crypto Exchange With Own NMX Token & Referral Program

There are a lot of crypto exchanges to choose from. Nominex has a solid trading platform that allows trade in numerous token pairs. The token pairs are based on BTC, ETH, and USDT. Nominex clients also get access to instant deposits and top-notch security for any tokens on deposit with the exchange. Nominex also offers...
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Universal Protocol Alliance to List Mega-Utility Token on Bitcoin.com Exchange

In addition to listing the Universal Protocol Alliance’s mega-utility token, Bitcoin.com Exchange will also list the group’s stablecoins, as well as support interoperability between the Ethereum protocol and the Simple Ledger protocol. Also Read: Cred Merchant Solutions to Help Unbanked Business Sectors Bitcoin.com Exchange to List Mega-Utility Token It was announced today that Bitcoin.com Exchange...
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GCOX Review: Crypto Exchange Working with Manny Pacquiao

Global Crypto Offering Exchange (GCOX) is a cryptocurrency exchange that offers a range of totally unique features. GCOX was founded around two years ago and is headquartered in Singapore. The company was recently featured in the media when Filipino boxer Manny Pacquiao announced he would be investing in, and working with Global Crypto Offering Exchange...
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Canadian Regulator Seizes Troubled Crypto Exchange

The British Columbia Securities Commission has taken control of a cryptocurrency exchange which allegedly owes customers over $12 million. Einstein Exchange had planned to shut down amid complaints, lawsuits, and money laundering investigations. The Canadian regulator has also taken action against another crypto exchange after receiving multiple complaints. Also read: OSC Commissioner Debunks Arguments Against...
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Crypto Exchanges Are Having A Rough Week, Facing Hacks And Lawsuits

The latest blockchain news bring us the topic of the accounting and business consulting firm Armanino which recently launched a new tool called TrustExplorer 2.0. As the firm said, this new blockchain tool can overturn how accounting is done within companies and offer instantaneous 30-second audits.While it is really surprising by definition, “ledger technology” should...
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StormGain Review: A Solid Platform for Leveraged Crypto Trading

StormGain is a crypto exchange where traders who want some serious leverage can trade in the world’s most popular cryptos. There are numerous crypto exchanges to choose from, but StormGain offers unique features that set it apart from the pack. Cryptocurrencies have become more popular, but many crypto exchanges simply don’t offer normal trading tools...
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Crypto Winter Claims Another Victim as DX Exchange Closes

The digital assets market has been on an upward trend recently, with top cryptocurrencies such as BTC and BCH maintaining higher price levels. Unfortunately, this comes too late for some ventures in the field. The latest to cease operations is DX Exchange, which is now looking for a way to exit the market. Also Read:...
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Exchange Tokens Have Outperformed BTC This Year

Few crypto assets have outperformed bitcoin this year, but the handful that have are predominantly exchange tokens. Their success attests to that of the token sale launchpads they have hosted, which have in turn driven demand for exchange tokens. But as IEOs start to wind down, can exchanges sustain the momentum, or will BTC recapture...
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4 Smaller Altcoin Exchanges You may Have Never Heard of in 2019

In the cryptocurrency industry, trading Bitcoin and altcoins is crucial to keep most markets alive. Over the past few years, there has been a strong influx of newer and smaller trading platforms most users might not even be familiar with. The following 4 exchanges can all be classified as such, albeit they all try to...
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Bitfinex Claims to Be Victim of Fraud After Crypto Capital President Arrested

The operators of Bitfinex claim that the cryptocurrency exchange is a victim of fraud committed by its payment processor Crypto Capital. The men behind Crypto Capital now face charges related to money laundering in Poland and the U.S. Also Read: Tether Created ‘Largest Bubble in Human History’ Claims Lawsuit Against Bitfinex Crypto Capital Leadership Accused...
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Indian Crypto Trading Volumes Accelerate on Positive Sentiments

Cryptocurrency trading volumes in India have accelerated despite regulatory uncertainty and banking restrictions imposed by the Reserve Bank of India (RBI). Global trading platforms and service providers have also been expanding their operations to serve Indian users. Also read: Mistakes Crypto Owners and Traders Should Avoid Strong Trading Volume Growth Banking services may be restricted...
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As Crypto Exchanges Exit the US, Which Trading Platforms Will Enter the Breach?

The U.S. remains a challenging environment for centralized cryptocurrency exchanges, with major players significantly scaling back their operations and others heading for the door. The most recent casualty of America’s stringent regulatory climate is one time market-leader Poloniex, which has “spun out” from parent company Circle, spinning out of the U.S. market in the process...
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What To Expect From Crypto Exchanges In 2020

So far, cryptocurrency has garnered a lot of mixed feelings, it can be argued that it has performed below expectations, although it has its highlights such as when Bitcoin hit an all-time high of $19,783.06 in 2017, there have also been cases where users have lost their money to either scam or hacks. Amid all...
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Crypto Exchanges Employ Over 40% of Industry Resources: Report

The crypto industry has evolved so much over the past couple of years despite the prices of many tokens still wallowing at the bottom of the digital pond. There are now a lot more people working in the industry and recent research indicates that crypto exchanges are dominating in terms of employees. Over 40% Work...
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Malaysia Regulator Approves International Crypto Exchange Luno

The strict financial regulator in Malaysia is trying to help the local fintech industry scale up and attract new investors. As part of that trend the Malaysia Securities Commission is recognizing the right of cryptocurrency exchanges such as Luno to serve local customers. Also Read: Credit Suisse Is Latest Bank to Charge Clients for Cash...
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Bexplus Review: Bitcoin Exchange Which Offers 100x Leverage

Bexplus is a crypto exchange that has been around since late 2017, and it offers crypto traders leverage of up to 100x on select token pairs. If you are new to leveraged trading, Bexplus offers some neat features that could help you get started. Aside from the good leveraged trading options that Bexplus has available...
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Why the Demand for Instant Crypto Exchanges is Growing High

2018 was shaping for the cryptocurrency market. While digital assets were decimated as Bitcoin collapsed 75%, it was altcoins that bore the brunt. Events of last year were natural. It was a correction that equalized the euphoria of late 2017, sobering the market.  But a notable observation was the entry of regulators and the explosion...
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Court Postpones TON Hearing Till February, Impatient Investors May Get 77% Back

The New York court reviewing Telegram’s contested coin offering in the U.S. has postponed a scheduled hearing on the case till February. The defendants, Telegram Group and its subsidiary TON Issuer, have been banned from distributing and selling the tokens. Investors who don’t want to wait for the launch of the blockchain project can receive...
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Bittrex Pulls Out of 31 Markets Citing Regulatory Uncertainty

Cryptocurrency exchange Bittrex is discontinuing operations in 31 countries, including Venezuela and Zimbabwe. The trading platform has justified its decision on the basis of the regulatory uncertainty in these jurisdictions. Some of the nations in the list are going through political turmoil and socio-economic challenges. Also read: Russia Blocks 2 Crypto News Websites Zimbabwe and...
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Binance to Add Bitcoin Cash to Its Decentralized Exchange

Already widely available for trading across the world, bitcoin cash continues to expand into new markets and platforms. The latest venue where users can soon exchange the cryptocurrency is Binance’s decentralized exchange. The system will feature a token pegged to BCH issued on Binance Chain. Also Read: Binance Launches Peer-to-Peer Trading in China Binance DEX...
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Coinbase Receives E-Money License From the Central Bank of Ireland

Coinbase has secured a new legal foothold in Europe. The San Francisco-based cryptocurrency exchange has received an e-money license from the Bank of Ireland, which it can potentially use to continuing serving its customers across the continent, in case Brexit causes any disruptions. Also Read: Gartner: Corporate Blockchain Won’t Take Off for Another Decade Coinbase...
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