On achieving $5billion in trades on its crypto exchange, Uphold is celebrating its success with a unique “Crypto Challenge” giveaway. Uphold is a UK-based cryptocurrency exchange opening its gates for 15 new tokens. Now you might be wondering which are these questions. Hold on! It is you who will guess the name of the tokens...Read More
Binance had introduced a new Tiered Trading Fee Discount Program on 21 July 2019. It has adjusted the tiered trading fee discount program at 8:00 (UTC) on Aug 28. This will provide a better service for the user’s claims Binance. As per the announcement, the required BTC trading volume threshold for VIP1 is set to...Read More
The cryptocurrency exchange landscape has evolved significantly in 2019. The number, quality and diversity of exchanges has multiplied, giving traders an unprecedented number of venues to choose from. This smorgasbord of options risks leaving traders overwhelmed, however, as exchanges jockey for supremacy, launching new features and products designed to woo the competition and cement their...Read More
Binance, a cryptocurrency exchange, encountered a KYC Leak in August 2019 which had affected around 60000 accounts. Security and investigation team has announced on 23rd August 2019 that hacked accounts will be provided VIP status i.e. preferential trading fees, support, and more services. The company has asked affected users to apply for new identification (KYC)...Read More
One of the leading cryptocurrency exchange, Binance has enabled OCO order types (One Cancels the Other) to the web trading interface. PC and App clients will have the OCO order type enabled at a later date. Basically, OCO is a pair of orders combining a stop-limit order and a limit maker order on the same...Read More
Colodax, an Indian broker to peer digital asset exchange, has now included Ripple’s XRP in its trading list against RBI restrictions. Users will be able to trade XRP/INR, deposit/withdraw INR and wait for it to match with other brokers. The platform also offers 10 trading pairs. Basically, this includes Bitcoin, Ethereum, Ripple, Stellar, Litecoin, Bitcoin...Read More
The assigned liquidator for the collapsed New Zealand-based cryptocurrency exchange Cryptopia says it’s making progress in determining customer holdings, but that the management of user funds by the exchange has caused delays. Professional services firm Grant Thornton New Zealand was assigned to oversee the liquidation process in May, after the exchange had failed to recover from...Read More
INX Limited, a crypto exchange startup, plans to raise up to $129.5 million through an IPO, in the first security token sale registered with the U.S. Securities and Exchange Commission (SEC). No, that’s not a typo for “ICO,” the initial coin offerings that tested the limits of securities law during the go-go days of 2017. IPO...Read More
Cryptocurrency exchange BitMEX has added three new jurisdictions to its trade restrictions list. HDR Global Trading Limited (HDR), BitMEX’s parent company, has added Bermuda, Hong Kong, and the Seychelles to its list of total trade access restrictions. BitMEX, based in the Seychelles, maintains arms in Bermuda and Hong Kong. The three jurisdictions join the United...Read More
The Winklevoss twins are adding some muscle to Gemini’s security team. Announced this morning, David Damato will be joining Gemini as the Chief Security Officer. Damato joins Gemini from Tanium, a top cybersecurity firm, where he held the same position for four years. Damato joins Gemini with over 20 years experience in the field. Speaking...Read More
Binance’s iOS app returned to the Apple app store today. The largest cryptocurrency exchange by volume, Binance’s iOS app has returned after a month’s hiatus. A company posting announced the return today following an announcement on Twitter Friday by Binance CEO Changpeng ‘CZ’ Zhao. According to Zhao, listing the exchange’s app was a difficult process:...Read More
There are many reasons why the Philippines is becoming increasingly crypto-friendly. Not only has its central bank registered more crypto exchanges recently, but the Securities and Exchange Commission has also been actively finalizing crypto guidelines. The country has an active crypto community, and one of its largest banks has engaged in multiple crypto projects. Also...Read More
Cryptocurrency exchange Binance has announced that it’s launching a project that will develop cryptocurrencies and digital assets pegged to fiat currencies around the world. Dubbed Venus, the “localized” stablecoin initiative will see the firm utilize its existing infrastructure, such as its public blockchain, Binance Chain, and international payment system, “to empower developed and developing countries to...Read More
CGEX, a Malta-based exchange opened by South Korea’s Coinone less than a year ago, is shutting down. The exchange posted an announcement last week saying that all services would be terminated on Sept. 18 at 2:50 UTC. After that date, customers will no longer be able to log in, and deposits and withdrawals will no longer be...Read More
Japan’s biggest e-commerce website is officially launching its cryptocurrency exchange. .| Source: Shutterstock By CCN Markets: Rakuten, the largest e-commerce company in Japan which serves well over 1.2 billion individuals globally with its e-commerce and payments services, has officially launched a cryptocurrency exchange. The official statement of Rakuten read: “Rakuten Wallet, Inc., a consolidated subsidiary...Read More
There are many reasons why the Philippines is becoming increasingly crypto-friendly. Not only has its central bank registered more crypto exchanges recently, but the Securities and Exchange Commission has also been actively finalizing crypto guidelines. The country has an active crypto community, and one of its largest banks has engaged in multiple crypto projects. Also...Read More
One of the most advanced and secure cryptocurrency exchanges, KuCoin released an official announcement stating its support towards KickCoin (KICK) Token Swap. As per the blog post the token swapping will be held on 29th August 2019. As per the KickEcosystem report, there are chances of getting up to 150% bonus KickTokens during the swap....Read More
Crypto exchange Coinbase disclosed a potential vulnerability Friday, announcing that a tiny fraction of its customers’ passwords were stored in plain text on an internal server log. However, the information was not improperly accessed by outside parties, the exchange said. In a post-mortem shared with CoinDesk, Coinbase outlined “a password storage issue,” impacting less than...Read More
The second-largest stock exchange market NASDAQ is about to experiment with some changes that will probably increase the financial products in the market, and also bring new standards for custody and surveillance in the crypto market. Most recently, the investment management firm VanEck has partnered with NASDAQ in order to launch crypto 2.0 future-type contracts....Read More
Earlier on, Bitcoincash.org reported that exchange giants like Binance and Coinbase had announced support for the Bitcoin ABC proposal although Coinbase stated that “unlike previous BCH hard forks, there is a competitive plan [Bitcoin SV] that is not well-matched with this recognised roadmap. Coinbase will closely observe the hard fork process and work to reduce customer disruption pending when the...Read More
On Oct 31st 2018, Reuters reported that a dozen banks which include the Agricultural Bank of China, HSBC, Standard Chartered and BNP Paribas (among others), developed a new blockchain trade finance platform which was launched in Hong Kong. Facilitated by the Hong Kong Monetary Authority (HKMA), the platform which was christened eTrade Connect is designed to improve...Read More
The findings of a recently published paper by researchers from Stanford University reveal that 74 per cent of Ugandan households do not have bank accounts. Yet Binance Uganda signed up 40,000 users within one week of its launch in October. Cryptocurrency is in high demand in Uganda. Its new unit in Uganda is partnering with a...Read More
In an official blog post published today, October 30, one of U.S foremost cryptocurrency exchange and wallet provider, Coinbase, has amassed a staggering $300 million in a new funding spree. The result of this strategy is seen in their post-money valuation- which soared high up to $8 billion. According to reports, an investment firm, Tiger...Read More
