CoinMarketCap, one of the central crypto price listing websites, has been used as a vehicle to present newly arrived exchanges. Usually, those new markets show up with immense volumes, rising to the top while aiming to become industry names. LAToken’s Crypto Volumes Once Again in Spotlight LAToken, one of those exchanges, has caught attention for...Read More
Following the BitMEX Insurance Fund’s continued growth throughout the year, data provider, CryptoQuant, took a deeper look at the derivatives specialist’s on-chain data. Insurance Fund Now Holds 0.18% Of All Bitcoin Over the past 12 months the BitMEX Insurance Fund grew to almost 33.5k BTC, representing a 62% increase from the 20.77k BTC it held...Read More
Cryptocurrency exchange, Binance, has announced a Christmas ‘Give Away’ of a Tesla Cybertruck and $50k of TROY tokens. Of course, ‘Give Away’ might be a slightly misleading description, as receiving the truck will require a shed-load of TROY trading (and trading fee spending) on Binance. Binance Give Away: Terms And Conditions Apply Binance announced its Christmas...Read More
The Cyprus Securities and Exchange Commission (CySEC) has blacklisted four FX brands, for unauthorised trading of FX and crypto. According to reports, the brands misleadingly claimed affiliation with Bdswiss Holding, which is licensed and regulated in the country. CySEC Clamps Down On Unauthorised Brokers The latest entities to be added to CySEC’s caution list are Nervic Fx...Read More
Coinfloor, the oldest crypto exchange of the United Kingdom, decided to go back to being the “Only Bitcoin” Exchange. The UK’s crypto exchange will delist other cryptos on the exchange from January 2020. At present, Coinfloor supports Ethereum, Ethereum Classic, Bitcoin Cash. However, only Bitcoin will be supported by its 11th Anniversary on this exchange. ...Read More
Richard Sanders, a lead investigator at CipherBlade, claims that HitBTC is the “longest-running and potentially largest scale criminally fraudulent entity” in the crypto space. HitBTC Might Be Insolvent, Sanders Says While HitBTC markets itself as one of the leading crypto exchanges out there, Sanders alleges that the firm is insolvent. In a recent Medium post,...Read More
The Tokyo-based crypto exchange, Coincheck, announced that it is terminating its leveraged trading service, in a blog post this morning. Settlement and Transfer Deadlines The planned end date for leveraged crypto trading is 12:00 on Friday, March 13, 2020, by which deadline all open positions should be settled. Customers will then have until the end...Read More
One of the biggest mysteries in the Bitcoin world, aside from the real identity of Satoshi Nakamoto, is how much of it is being bought and sold on exchanges each day. As pointed out in a tweet from Messari founder, Ryan Selkis, the answer very much depends on who you ask. Bitcoin Volumes – Compare...Read More
Bitcoin and crypto derivatives behemoth BitMEX is being sued for $300 million for providing false equity information to a couple of early investors. According to recent reports, BitMEX is in hot soup, and so is the exchange’s founder, Arthur Hayes. The bitcoin futures company and its founder are facing a $300 million lawsuit, which accuses...Read More
Former Morgan Stanley developers teamed up to create a new crypto derivatives exchange, equipped with its own cold wallet, major transaction speeds, and more. According to a recent announcement, a new high-speed crypto derivatives exchange called Phemex is expected to see its launch in the near future. The exchange will supposedly be fast enough to...Read More
New York-based crypto exchange Gemini’s European wing Gemini Europe, LLC. has taken on board Julian Sawyer as the Managing Director for the UK and Europe. Gemini, one of the leading cryptocurrency trading businesses and custodian platforms, is tapping the rising interest of European traders for crypto-based investment. Europe Promises Growth in Crypto Trading Interest Sawyer...Read More
Binance CEO, Changpeng Zhao, stated on Twitter that the exchange would sue The Block for false news reporting pertaining to a Chinese ‘police raid’ on the exchange’s Shangai office. The Block’s recent report claimed that Binance’s China office got raided by the police, which never happened according to the exchange’s CEO. Now CZ called out...Read More
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)...Read More
Coinbase has just released a new announcement, stating that it will reduce the number of confirmation requirements for four crypto assets on its platform. The United States’ largest crypto exchange, has brought in some welcome changes to its platform. Coinbase has just announced that it has changed the confirmation requirements for four different cryptocurrencies, including...Read More
Binance DEX will now be available on the Trezor wallet, opening a new doorway for trading crypto assets. This also expands the presence of Binance as a hub for all crypto-related services. Crypto Users Control Their Private Keys Trezor offers both an agile access to multiple crypto assets, and a hub to control the hardware...Read More
Asia has always been at the forefront of the bitcoin and crypto trading. The US has been too busy tripping over its regulatory feet to keep up this year while the nations of the Far East forge ahead. Recent research has revealed that Asian exchanges are also dominating in terms of BTC flow. Binance and...Read More
Crypto exchange Binance has taken some major steps in setting new standards for cryptocurrency services. Adding support for the Ukrainian national currency, signing a memorandum of understanding (MOU) with the Ukrainian government, and implementing a cryptographic protocol for distributed key generation and signing – these are only a few achievements of the company led by...Read More
Bakkt’s monthly futures volume surged to $10 million, the second-largest on record. The steady growth of Bakkt’s monthly futures volume may reflect the growing interest of institutional investors. In addition, the rise in volume is giving analysts more reason to be bullish on bitcoin. Bakkt’s monthly futures volume on Tuesday skyrocketed to 1,061 contracts. That...Read More
Prominent Korean crypto exchange, Bithumb, has plans to create a new blockchain platform, and it is currently searching for Indian partners to collaborate with. Bithumb is coming to India. According to the major cryptocurrency trading platform’s recent announcement, Bithumb plans to develop a new blockchain platform specially designed for India and its growing number of...Read More
Bitfinex postponed the sale of Kimcoin indefinitely. The regulatory framework in the industry is affecting initial exchange offerings. Kim Dotcom tried to avoid countries within the U.S. jurisdiction. Bitfinex, a Hong Kong-based cryptocurrency exchange, announced its decision to postpone the initial exchange offering (IEO) of Kimcoin, the native cryptocurrency of the content monetization platform K.im....Read More
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...Read More
What has been a fairly bad few weeks for cryptocurrency exchanges, just got a little worse? A Vancouver-based crypto trading platform, Einstein Exchange, has been closed by Candian authorities; while still owing $16 million in outstanding obligations. What Happened to Einstein? On Monday, the British Columbia Securities Commission (BCSC), provided a statement noting the “action...Read More
Compromised accounts have been traced using email addresses exposed in the recent BitMEX leak. An already known email address was allegedly used to work out login credentials to gain access to less secure accounts. Leaked Emails Already Tested for Weak or Repeated Passwords Comments on social media suggest that the leaked email list is also...Read More
Last year, two academics concluded that the Bitcoin rally in 2017, when the cryptocurrency hit the all-time high, was caused by manipulation. Now the research authors figured out that the surge was likely caused by a single entity. Single Whale Behind Bitcoin’s Dec 2017 Rally In 2018, John Griffin, professor at the University of Texas,...Read More
With a leak of at least 23,000 emails, the recent BitMEX email leak was much heavier than expected. An inadvertent message that included lists of emails made the rounds last week, creating a security break for the largest crypto derivatives exchange. 23,000+ Emails Leaked by BitMEX Details of the BitMEX email leak were shared a...Read More
Singapore based crypto exchange Huobi is set to freeze accounts controlled by US residents in an effort to crack down on those individuals violating the User Agreement, according to a post on their website. This announcement comes after a gradual depreciation of US resident accounts over the past few months and will end with a...Read More
“Take your bitcoin and run.” Thus read an ominous warning tweeted out by the official BitMEX account on Friday morning. | Source: CNBC/YouTube (i), HenriqueWestin/Shutterstock.com (ii). Image Edited by CCN. Following the mammoth BitMEX user data leak, the bitcoin exchange’s Twitter account was allegedly hacked. While under the perpetrator’s control, the account tweeted an ominous...Read More
Binance has told its customers to take precautions as BitMEX announces a mass leak of its users email addresses from an internal error. BitMEX Displays Private Data in Mass Email Recently, BitMEX users discovered that they could openly view the email addresses of other users after they received an official email related to an update....Read More
Bitcoin by design is secure, for people to be their own banks it needs to be. Responsibility for your own assets and private keys is of paramount importance, even more so if you are a custodian of assets for others. Clients of one African crypto exchange have found out the hard way. Bitcoin Exchange Boss...Read More
Peter Schiff trashed hodlers on Tuesday by claiming that whales are simply just offloading their bags. The gold pundit appears to be indirectly suggesting that bitcoin is the ultimate pump and dump scheme. Bitcoin is still performing excellently in 2019. Peter Schiff is one tough nut to crack. The infamous gold and silver investor is...Read More
