Crypto Exchanges

Wazirx CEO on 2020 Outlook, RBI Ban, Crypto Regulation for India

The Indian crypto community has had an eventful year, with a bill on the horizon, the RBI ban’s supreme court hearing, and the community’s efforts toward positive crypto regulation. News.Bitcoin.com interviewed Nischal Shetty, CEO of local crypto exchange Wazirx, about what the Indian crypto industry could expect in the year 2020 and a wide range...
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Banking Platform Cashaa Sees Indian Trading Volume Soar, Adding 5 More Cryptocurrencies

Banking services platform Cashaa has seen significant growth in crypto trading volume in India since it began offering INR deposits and withdrawals. The platform has cut its fees by more than 50% and is getting ready to add five more cryptocurrencies for users in India, Cashaa has shared with news.Bitcoin.com. Also read: Regulatory Roundup –...
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Uzbekistan Bans Citizens From Buying Crypto, They Can Only Sell

Authorities in Uzbekistan have effectively banned residents from purchasing cryptocurrencies on digital asset exchanges licensed in the country. Crypto holders will only be able to sell their coins and that’s if these have not been obtained through anonymous transactions, amendments to the local regulations postulate. Also read: Poles Hit With Backdated Tax on Crypto Trades...
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Chinese Regulators Question 8 Crypto Companies in Shenzhen

Authorities in Shenzhen have started pressuring crypto businesses operating in China’s tech capital. Eight companies, two suspected operators of trading platforms, and six entities allegedly associated with coin offerings, have been placed under inquiry, Chinese media revealed, with authorities reportedly questioning their representatives at a meeting hosted by Shenzhen Financial Regulatory Bureau. Also read: Crypto...
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Fortress has reduced its offer to buy up Bitcoin claims of Mt. Gox victims

New York-based investment firm Fortress Investment Group has issued a new letter to creditors of the long-collapsed exchange Mt. Gox, proposing to purchase Bitcoin claims at a lower price than previously offered. In July, Fortress offered to purchase claims at $900 per BTC, double the bankruptcy value of Bitcoin at the time of the Mt....
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Crypto exchange Poloniex offers 65% APR on USDC deposits, but community cries foul

Popular cryptocurrency exchange Poloniex shocked the crypto industry when they announced that they would be offering an unprecedented interest rate to users looking to engage in USDC and USDT lending, offering interest rates as high as 65 percent APR to customers located in the European Union. The announcement of this new offering sparked controversy and...
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The Race to Bitcoin SegWit: Poloniex’s Justin Sun promises 2020 support, but will Binance fulfill its EOY 2019 promise?

If you’ve perused the annals of Bitcoin, you’ve likely heard the term “SegWit” or “Segregated Witness” mentioned many a time. SegWit, for those unaware, is a controversial scaling technology that effectively reduces the computational size of Bitcoin transactions, allowing for more transactions to be fit into each block and for users to send the cryptocurrency...
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Most of the market’s IEO returns this year came from Binance

Despite many believing it to be the future of fundraising, initial exchange offerings (IEOs) suffered major losses in 2019. According to the latest report from Blockchain Capital, the overwhelming majority of market returns from IEOs came from just one exchange—Binance. Data shows exchange offerings generated huge losses for investors Following the initial coin offering (ICO)...
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Kraken Joins Coinbase And Binance To Allow XTZ Staking

One of the leading global cryptocurrency exchanges by trading volume and users has recently announced the launch of its fiat gateway for Latin America. As we can see from the update, Binance exchange launches a new gateway and officially made the announcement during laBitConf, a major cryptocurrency event for Latin America which was held in...
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Binance Latamex creates a fiat gateway for customers in Latin America

Binance, one of the largest cryptocurrency exchanges in the world, announced the launch of its new fiat gateway for Latin America. According to the company’s blog post, the new subsidiary will be called Latamex and was launched in partnership with Settle Network, Latin America’s largest digital asset settlement network. Binance launches Latamex to serve Latin...
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C2C Fiat Accounts Will be Included in The Binance Calculations

The Malta-based exchange, Binance will now include asset balances and transactions in C2C fiat accounts while calculating  VIP levels and daily BNB holdings. The calculation will be upgraded from 14/12/2019 on the Binance exchange. Earlier, BNB held in the Binance wallet was not included in the daily BNB calculation. Now, with this upgrade, hourly snapshots...
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PrimeXBT: Here’s what you need to know about the popular trading platform

Over the past year, the crypto industry has watched the meteoric rise of PrimeXBT, a margin trading platform that allows users to trade a variety of different markets using up to 1000x leverage. PrimeXBT’s ascent to the top of the crypto margin trading game has come about as other competing platforms – like BitMEX and...
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OKEx ranks first in terms of YTD returns among all exchange tokens

Despite the massive downturn in the cryptocurrency market, some of the native utility tokens from the top exchanges in the world were able to keep most of the gains they made over the past year. Exchange tokens outperformed the rest of the market During the first half of the year, most of the cryptocurrencies in...
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BitMEX enables lower withdrawal fees with native SegWit support

BitMEX, one of the largest crypto derivatives exchanges in the world, announced that it has added support for Bitcoin Bech32 addresses. According to the company’s announcement, users will now be able to withdraw to their SegWit addresses with lower fees and contribute to the reduction of blockweight usage on the platform. BitMEX enables withdrawals to...
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CoinMarketCap Will Hide Fake Volume Exchanges

Trading volume lost its value as an effective metric to rank exchanges and, consequently, digital assets. As a result, CoinMarketCap is planning to switch over to a new barometer that will provide “real trading activity,” according to the firm’s Head of Strategy Carylyne Chan.  Rankings by Liquidity CoinMarketCap faced significant backlash earlier this year after...
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The way forward for DEXs: focusing on unique markets

Guest post by George Harrap from Bitspark George is the CEO of Bitspark. Competition in the crypto space is always intense but increasingly so when it comes to decentralised exchanges (DEX). Some of the bigger centralised exchanges have recently entered the game with Binance now running a DEX and Poloniex having just acquired TRXMarket, the...
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Binance.US vs. Coinbase Pro: Which Is Better for American Investors?

Cryptocurrency investors in the United States have two notable exchanges to choose from — namely, Coinbase Pro and Binance.US. Though there are several other options as well, these exchanges are operated by two of the most recognizable crypto companies in the world, both of which have a major U.S. presence. In this review, we’ll break...
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Why the world’s largest crypto exchange is expanding into Turkey

Binance, the world’s biggest crypto exchange, is taking steps to expand into Turkey, an up-and-coming cryptocurrency market. Speaking to Cointelegraph, Binance CEO Changpeng Zhao said the company is establishing a team of a dozen full-time employees in the country. Zhao said: “Other than that we really want to invest in Turkey heavily. We also want...
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DigiByte Community Reacts to Sudden Poloniex Delisting

Poloniex announced plans to delist DigiByte from its exchange within hours of a public Twitter spat between DGB founder Jared Tate and one of the exchange’s new owners Justin Sun. Tate blasted TRON, which Sun founded, in an 8-part tweetstorm beginning with: 1/8 Im disgusted by all these #TRON trolls/bots attacking me & hyping a...
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DGB gets delisted from Poloniex hours after DigiByte founder criticizes Tron

Over the past few weeks, Jared Tate, the founder of popular blockchain network DigiByte and its native DGB cryptocurrency, has been waging a Twitter war against one individual: Justin Sun, founder of Tron, the blockchain behind currently twelfth-largest cryptocurrency TRX. Tate’s quips started off relatively mild, calling Sun a “crook,” though, on the afternoon of...
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Are you dedicated enough to get a tattoo of your company’s logo? Binance’s Changpeng Zhao is 

A true measure of an entrepreneur’s dedication to his project aren’t the hours he puts in or the sacrifices he makes, but his willingness to have the logo of his company forever embedded on his arm. The founder and CEO of one of the largest cryptocurrency exchanges in the world, Changpeng Zhao, certainly thinks so....
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Circle warns Poloniex customers in the U.S. of assets conversion to USDC

Crypto conglomerate Circle warned all U.S.-based Poloniex customers to withdraw their assets before Dec. 16. Users who fail to withdraw their assets before the deadline could lose access to their account, have their assets traded to USDC or be charged service fees. Poloniex and Circle part ways at the expense of their users Circle, a...
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Hackers begin moving ETH stolen in massive UPbit theft

Hackers believed to be responsible for the massive UPbit theft yesterday have begun moving the stolen coins. The 342,000 ETH loot has been split between four different addresses with smaller sums being sent to Binance and Huobi to test the exchange’s reaction. Looking to cash out $50 million worth of ETH UPbit, one of the...
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Korean Exchange Upbit Hacked for $50 Million

The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do...
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Chinese Government Closes Almost 200 Crypto Exchanges: Report

EU Finance ministers this Friday might discuss a new draft that urges the Union to develop a common approach to the cryptocurrencies with the possibility to ban projects that are deemed as high risk. Also, it states that the ECB should consider issuing a public digital currency according to the latest reports that we have...
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TV report in China says Binance’s Shanghai “office” was actually a call center

According to Dovey Wan, a founding partner at Primitive Ventures, a local TV station in Shanghai reported that the “office” of Binance in Shanghai was a call center operated by Babi Finance. 👍👍👍 thanks @DoveyWan — CZ Binance (@cz_binance) November 25, 2019 Wan said that Babi Finance is an investment made by Binance, which outsourced...
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Tether and Bitfinex face new fraud lawsuit in Washington, second in months

A fresh class action lawsuit has been filed against Bitfinex and its sister company Tether Limited, the company behind the controversial but market-leading USD-pegged stablecoin, USDT. Tether has issued a response categorically rejecting wrongdoing and has dismissed the latest complaint as “absurd and groundless.” An impassioned post on the Tether blog Monday claimed the two...
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Two Reasons Why Crypto Won’t See Exchange Consolidation: Trader

The latest Bitcoin news show that the most dominant cryptocurrency could spend months trading at $5,500 before it finally recovers – which is an analysis from Peter Brandt, one of the best known analysts in the space.As a tweet from Brandt on November 21 showed, the analyst revealed his target for Bitcoin with a floor...
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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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Binance Launched ETH/USDT Futures Contracts with 50x Leverage

With all the negative publicity of the Shanghai office, the Binance exchange has some positive news for the crypto market. The exchange has launched the ETH/USDT futures contract with a range of 0 to 50x leverage. The futures contract are live now, however, on the Binance Testnet. The team got onto twitter to announce the...
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