Koinex is the latest cryptocurrency exchange to fall prey to India’s ban on virtual currencies. Months after delisting several cryptocurrencies, the exchange has shut down its trading services. The exchange has blamed uncertainty as well as disruptions for the unexpected decision.
According to reports, Singapore-based crypto exchange Bitrue has been hacked. The culprits have made off with approximately $4.2 million in user assets.
In April, cryptocurrency exchange Coinbase launched its Visa Coinbase debit card in the UK. Coinbase has announced that, as of Wednesday, it will be launching the Visa debit card in France, Spain, Germany, the Netherlands, Italy, and Ireland.
According to sources from news outlet money.pl, a Polish cryptocurrency exchange known as Coinroom has shut down abruptly and disappeared with all its customers’ funds in tow.
It’s a big week for OkCoin, with the crypto exchange launching in the EU.
Amsterdam-based crypto exchange Blockport is facing uncertainty and has declared bankruptcy after its security token offering (STO) failed to meet minimum expectations, ending up in disaster.
According to sources, BitMEX Ventures has invested in a crypto exchange licensed by the central bank of the Philippines.
Coinbase has announced that from today, EOS will be supported by its custodial wallet. Coinbase users can now buy, sell, receive, convert, and store crypto on the platform as well as exchange it against fiat currencies that are supported. EOS is currently among the top cryptocurrencies, and it is ranked fifth largest in terms of circulation.
According to Bloomberg, major cryptocurrency exchange Binance has suffered another hack. This time the hackers withdrew 7,000 Bitcoin, which values approximately $40 million USD. This is the second major breach the exchange has faced, the first being an incident in March 2018.
Bitfinex has revealed plans of selling its asset LEO, which is estimated to be worth $1 billion. Although this might be seen as a bland move, leading analysts have nonetheless warned that it might hurt Bitcoin.
Last week, news about the Bitfinex and Tether issue surfaced when The New York Attorney General’s office said it received a court order against iFinex, the company behind Bitfinex and Tether. While Bitfinex has issued a response to the claims made by the NYAG, the issue hasn’t gone away. If anything, things are worse. On Wednesday, CoinFlip announced it is going to postpone tether buying “until the smoke clears.”
Cryptocurrency-price tracker CoinMarketCap has issued a post urging exchanges to provide mandatory data by June, or else they will be removed from its calculations.
On Monday, April 29, the SEC said it’s suspending trading of shares in Bitcoin Generation. While a relatively unknown crypto exchange, news of the suspension has traveled far and wide. That said, it’s important to know this is a temporary suspension. In this article, we will discuss everything we know about the Bitcoin Generation suspension.
On Thursday, April 25, reports surfaced that The New York Attorney General’s office is looking into Bitfinex. Specifically, NYAG Letitia James said she had received a court order against iFinex Inc., which is the company behind Bitfinex. The order told them to stop breaking New York law.
On Tuesday, April 23, Binance announced that its much-awaited decentralized exchange is now live. Here’s what we know so far about the Binance DEX.
On April 17th, word went around that Coinbase crypto services will be expanding to 11 new countries. And the information is true. According to the crypto exchange, Coinbase will expand its crypto-to-crypto conversions and trading services to Colombia and Mexico, among other countries.
Rakuten has begun accepting applications for accounts for its anticipated cryptocurrency exchange called “Rakuten Wallet.” The company announced that pre-registration is available for customers with Rakuten Bank, but further details as to whether the service will be available for everyone has not yet been revealed.
Unocoin, a leading crypto exchange in India, is struggling to stay afloat. Why? Because India has promulgated a law banning cryptocurrency-related trading in the country. So why is Unocoin sticking around?
According to reports, Coinbase executive Dan Romero is stepping away from his role as vice president of international business. His departure will bring the number of executives to leave the company in the last six months to three.
The Coinbase card is looking to make cryptocurrencies easier to pay with.
Bitcoin futures exchange Bakkt has a new chief product officer. Announced via Medium earlier today, the exchange has added Mike Blandina to its team.
Cryptocurrency is taking over the financial world, and crypto exchanges are taking over the jobs world. Because on LinkedIn’s Top 50 US employers list for 2019, Coinbase has ranked higher than investment banking giant JPMorgan. Now, Coinbase jobs will be in higher demand than ever before.
Malta-based crypto exchange OKEx has announced plans for its own decentralized exchange or DEX on its own blockchain. The company made the announcement on Friday detailing the OKEx blockchain.
Cryptocurrency exchange Bittrex has reportedly canceled an IEO (initial exchange offering) hours before its launch. The RAID project was expected to make $6 million USD by selling its XRD token to customers on the Bittrex exchange.
The Thai Stock Exchange (SET) is planning on rolling out a cryptocurrency platform sometime in 2020. According to SET’s official press release yesterday, the country is “ready for digital transformation.”
Coinbase has released two large announcements regarding features on some of its platforms in the last 24 hours. The San Fransico-based cryptocurrency exchange made a large upgrade to its Coinbase wallet, and it also announced that Coinbase Custody is directly integrated with its OTC trading desk. The new Coinbase upgrades should have crypto enthusiasts thrilled.
The MPWR crypto mining summit 2019 is already in full swing. Held at the Pan Pacific Hotel, Vancouver, the summit aims to bring blockchain enthusiasts together. With a host of informative talks and networking opportunities, the overarching goal is to showcase and develop blockchain infrastructure.
The largest stock exchange in Switzerland, the SIX stock exchange, is planning on launching an XRP crypto exchange-traded product (ETP). Amun AG was the first crypto startup to launch ETPs on SIX. Hany Rashwan, CEO of Amun AG, told CoinDesk that this new product will have the ticker AXRP.
It’s official, Coinbase Pro has officially added Ripple (XRP) to its platform—finally! The US-based cryptocurrency exchange announced the news via its blog and social media platforms yesterday. It seems that Coinbase is no longer waiting for the US Securities and Exchange Commission to make a decision on if XRP qualifies as an unregistered security or not. Cryptocurrency investors have been waiting for this move for many years.
OKEx has just listed Ripple (XRP) and Bitcoin Cash (BCH) on its customer-to-customer platform, according to a report released this morning by Cointelegraph. The customer-to-customer platform is the cryptocurrency exchange’s newest venture. At the time of writing, OKEx is the top cryptocurrency exchange by its 24-hour trade volume.
When QuadrigaCX’s founder Gerald Cotten died last month, he took the private keys to Quadriga’s cold storage wallets with him.
The US’s biggest cryptocurrency exchange and wallet provider, Coinbase, announced earlier that it now has added support for Bitcoin Cash to its Coinbase Wallet.
US crypto traders are among the most active investors across all major cryptocurrency exchanges. This data came from the data analytics firm DataLight.
PayPal and Coinbase have officially teamed up. This morning, the popular cryptocurrency exchange announced it would now offer PayPal withdrawals to its users in the EU.
Around $190 million in cryptocurrency has been lost and locked away somewhere online where no one can reach it. What’s to blame? Canada’s largest cryptocurrency exchange, QuadrigaCX.
The world’s largest cryptocurrency exchange by trading volume, Binance, has given traders another reason to flock to its platform. Binance now accepts credit cards. Who’d have thought it!?
Binance has just released a new over-the-counter (OTC) trading desk for larger transactions. The world’s number one-ranked cryptocurrency exchange released the new announcement yesterday via blog post.
New Zealand-based crypto exchange Cryptopia was hacked two days ago. The thief (or thieves) made off with approximately $3.6 million in cryptocurrency. Now, the biggest cryptocurrency exchange, Binance, has frozen tokens sent to its wallet by the alleged hackers.
Another crypto hack has plagued the cryptocurrency space. This time, the New Zealand-based Cryptopia found itself at the center of it. The cryptocurrency exchange announced the news via the company’s Twitter this morning, stating it “suffered a security breach which resulted in significant losses.”
The highly anticipated Ethereum-based “stock” exchange, DX, launched this week! Despite the vast enthusiasm for the project, problems were immediately discovered regarding the company’s security. The launch on January 7th was only a soft launch, but traders aren’t pleased with the lack of security the platform has initially provided.
A Nasdaq-powered crypto exchange called DX.Exchange is opening its doors to investors next week. So, it’s just another new exchange, right? No. Not at all.
Coinbase has been extremely active with its ’12 Days of Coinbase’ marketing initiative. The cryptocurrency exchange has been releasing daily updates on its company for the last ten days. Yesterday’s announcement was the biggest yet.
Coinbase is now new and improved—watch out Binance! The US’s most popular cryptocurrency exchange announced yesterday it has added crypto-to-crypto trading.
Singapore-based exchange Bitrue has been active for only four months and already handles over 2% of the world’s XRP transactions.
IDEX, the only Ethereum-based, fully decentralized crypto exchange with real-time trading and high transaction throughput has announced the listing of RedCab LLC’s REDC token. RedCab, a decentralized peer-to-peer transportation solution entirely powered by …
IDEX, the only Ethereum-based, fully decentralized crypto exchange with real-time trading and high transaction throughput has announced the listing of RedCab LLC’s REDC token.
After ten months of stagnancy, the newly re-opened Japenese cryptocurrency exchange Coincheck has resumed its NEM (XEM) trading. According to a South Korean news source FNNews, Coincheck has restricted its platform by external ‘security experts.’ …
After ten months of stagnancy, the newly re-opened Japenese cryptocurrency exchange Coincheck has resumed its NEM (XEM) trading. According to a South Korean news source FNNews, Coincheck has restricted its platform by external ‘security experts.’
Zachary Coburn, the founder of EtherDelta, has just been charged by the US Securities and Exchange Commission (SEC) with operating an unregistered securities exchange. The SEC released the news via a press release yesterday.
The major US cryptocurrency exchange Coinbase has just announced that it won’t IPO any time soon but will be adding hundreds of more coins in the next year. Coinbase’s President and COO Asiff Hiriji told Bloomberg his company’s plans this morning via Bloomberg TV.
Crypto exchange Coinbase is now valued at over $8 billion after it closed a new $300 million funding round.
Major US cryptocurrency exchange and wallet provider Coinbase had just been granted a motion to dismiss a lawsuit over alleged insider trading. The alleged Coinbase BCH insider trading occurred last year during the company’s launch of Bitcoin Cash (BCH).
Zebpay, India’s largest cryptocurrency exchange, is heading for Malta! Following in the footsteps of major platforms Binance and OKEx, the exchange has had no choice but to move its operations to the ‘blockchain island’ amid …
Starting today, there will be new stablecoins on OKEx! The third biggest crypto exchange by market cap announced that it is adding four US dollar-backed stablecoins to its platform.
Bithumb, one of the largest cryptocurrency exchanges in South Korea by its daily trade volume, has sold more than 38 percent of its ownership to a blockchain consortium in Singapore, Coindesk Korea reported this morning. …
Major US cryptocurrency exchange Coinbase said Japan’s tighter regulations towards cryptocurrency would give it an advantage, signaling the company’s confidence in securing the regulatory approval for Coinbase Japan.
The world’s largest exchange by trading volume is changing its stance. Coinbase will begin to list more altcoins as it adopts a more ‘open-door’ process to coin applications. In a matter of weeks, we should see more Coinbase altcoins trading on the exchange.
The world’s largest exchange by trading volume is changing its stance. Coinbase will begin to list more altcoins as it adopts a more ‘open-door’ process to coin applications. In a matter of weeks, we should …
Cameron and Tyler Winklevoss have made a name for themselves as US Olympians, but the twins are now also well known for being involved in the crypto space. The pair owns the Gemini Exchange, which is based out of New York.
Cameron and Tyler Winklevoss have made a name for themselves as US Olympians, but the twins are now also well known for being involved in the crypto space. The pair owns the Gemini Exchange, which …
Are we becoming so used to hacks in the cryptocurrency sphere, that we no longer panic when they happen? It might seem so, considering Bitcoin’s price remains pretty-much unchanged despite a Zaif exchange hack last night.
The Binance crypto exchange has the highest 24-hour trade volume and is currently looking to expand into every continent in the world.
Nasdaq announced Friday that it is in the midst of acquiring Swedish trading solutions provider Cinnober. So why is it important for crypto-enthusiasts that Nasdaq acquiring Cinnober might happen? Well, Nasdaq is Nasdaq—the second-largest stock exchange in the world, but Cinnober is known for its acceptance of digital assets and its involvement in helping institutions to invest in them.
In a major announcement, Huobi Global buys BitTrade. Huobi Japan Holding Ltd, Huobi Global’s wholly owned subsidiary, just acquired the majority stake of Japan’s BitTrade. Huobi Global owns and operates Huobi, the third largest cryptocurrency …
In a major announcement, Huobi Global buys BitTrade. Huobi Japan Holding Ltd, Huobi Global’s wholly owned subsidiary, just acquired the majority stake of Japan’s BitTrade. Huobi Global owns and operates Huobi, the third largest cryptocurrency exchange by daily trade volume.
Yesterday, it was announced that OKEx founder Star Xu had been taken into police custody for fraud allegations. If no substantial evidence was found, Xu would be released from custody in a 24-hour period.
The subsidiary of the Malta Stock Exchange, MSX PLC, has signed a Memorandum of Understanding (MOU) with crypto exchange Binance. The pair will launch a new Security Tokens Trading Platform. According to a …
The subsidiary of the Malta Stock Exchange, MSX PLC, has signed a Memorandum of Understanding (MOU) with crypto exchange Binance. The pair will launch a new Security Tokens Trading Platform.
A bit of an understatement, but it’s a massive day for the crypto industry. On Monday, the Winklevoss twins announced the launch of the Gemini stablecoin, a regulated cryptocurrency backed by USD.
Fintech startup Robinhood offers stock, option, and cryptocurrency trades with zero fees. In an ambitious task, it will soon launch an Initial Public Offering, or in other words a Robinhood IPO.
The second largest South Korean cryptocurrency exchange, Bithumb, will reopen account registrations after a month of closure. The reason is down to the exchange regaining its partnership with Nonghyup (NH) Bank.
Another Brian Kelly ETF prediction surfaced yesterday. In an interview on CNBC’s Fast Money, the crypto-analyst stated that an approval for a Bitcoin Exchange-traded fund (ETF) was most likely to come in February 2019.
Coinbase, Inc., the largest cryptocurrency exchange in the US, was signing up 50,000 new customers a day last year, says CEO Brian Armstrong.
Coinbase, Inc., the largest cryptocurrency exchange in the US, was signing up 50,000 new customers a day last year, says CEO Brian Armstrong. Crypto ‘Bubble’ Armstrong spoke at Bloomberg’s Players Technology Summit in …
Robinhood adds support: Robinhood Financial announced yesterday that it would launch Ethereum Classis (ETC) on its trading platform. And it was no accident that it listed the coin one day before Coinbase was …
Robinhood Adds Support: Robinhood Financial announced yesterday that it would launch Ethereum Classis (ETC) on its trading platform.
Coinsquare – the Canadian cryptocurrency exchange and brokerage platform – has begun listing XRP for trading. This comes as the exchange prepares to expand into the US (and possibly the UK) markets as it looks to take on global exchange giant Coinbase.
Coinsquare—the Canadian cryptocurrency exchange and brokerage platform—has begun listing XRP for trading. This comes as the exchange prepares to expand into the US (and possibly the UK) markets as it looks to take on global …
In a sea of sellers, a light has been cast on Verge (XVG). Huobi lists Verge, as announced Tuesday, causing the altcoin to increase nearly 5%.
Winklevoss Twins Get Second Rejection: Where the Cryptomarket is concerned, talk about establishing an ETF is a big deal right now.
ETF is Unlikely: Demand is growing for the establishment of a crypto ETF or exchange-traded fund. Just yesterday major exchange Bitwise joined the fight and filed a proposal to the SEC for an ETF.
Popular US-based cryptocurrency exchange Coinbase Inc. is now offering something no other exchange has to its customers. According to a report by Bloomberg this morning, the crypto exchange will offer a way for its customers to purchase retails goods and services using cryptocurrency. There are now going to be Coinbase crypto gift cards.
Binance Moves to South Korea: Binance has become the most succesful crypto exchange platform in the world. It has taken the exchange just over a year to achieve this title – it cites its beginnings in July 2017 by the now billionaire Changpeng “CZ” Zhao – and it handles the largest daily trading volume in the world; an average amount of $1.45 billion a day, according to coinmarketcap.com.
The crypto world’s most used cryptocurrency index, CoinMarketCap, has recently been under the line of fire lately for its protocols. Now, CoinMarketCap addresses issues, at least some of them.
Coinbase lists securities: The most popular cryptocurrency exchange platform in the United States, Coinbase Inc., just received the green light from the US Securities and Exchange Commission (SEC) to list digital tokens that have been deemed as securities.
Coinbase updating coins: Three days ago the largest cryptocurrency exchange operating in the United States announced that it is exploring five new cryptocurrencies to add to its platform, including Stellar (XLM) and Cardano (ADA).
OKCoin in California: OKCoin, an international cryptocurrency exchange, just announced that it has launched a branch within the US market offering cryptocurrency trading services between USD and several cryptocurrencies.
Robinhood Exchange: Robinhood, the Financial services mobile app which launched in February of this year, has just announced further developments on its platform. Robinhood has now added support for Litecoin (LTC) and Bitcoin Cash (BCH).
The bear market for Bitcoin (BTC) and all other cryptocurrency has dragged down Coinbase, the US’s most popular cryptocurrency exchange. Prices continue to plunge moving into Q3 of 2018, and the exchange’s download ranking for its Coinbase app has suffered because of this.
Bancor hack: On Monday, the cryptocurrency world saw another hack. Crypto exchange Bancor — an Israel-Switzerland company — had $23.5 million worth of three different cryptocurrencies stolen.
Philippines cryptocurrency exchanges: The Bangko Sentral ng Pilipinas (BSP) has just approved two new cryptocurrency exchanges, the news outlet BusinessWorld reported July 6th. Presently, there are only five regulated crypto exchanges throughout the entire country.
Binance Donates to Japan Disaster Relief: Japan is prone to natural disasters. Located along the world’s most active earthquake belt, the country’s seen everything from earthquakes to mudslides.
Binance Uganda: The world’s most active cryptocurrency exchange by trade volume, Binance, just announced that it would be opening its first exchange in Uganda.
Binance trading suspension: 13 hours ago, Binance announced that it would go through another ‘system maintenance,’ which resulted in another suspension of trading on its platform for an extended period of time.
Zebpay closes fiat: The largest cryptocurrency exchange in India, Zebpay, has suspended fiat deposits and withdrawals as a result of the India crypto banking ban.
We are through the first half of 2018 and already Reuters has estimated that there has been roughly $761 million worth of cryptocurrency stolen from exchanges. The number of exchange heists is growing.
Bithumb hack: Last week, the world’s 11th largest cryptocurrency exchange by its 24-hour trade volume, Bithumb, announced that it had been hacked. The initial reports suggested that close to 35 million Korean won ($31 million USD) had been taken from its platform. Several cryptocurrencies were stolen, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Bitcoin Cash (BCH).
Facebook acquiring Coinbase: Back in January of this year, Facebook banned cryptocurrency advertising on its platform. This move was in response to many other platforms banning ICO and cryptocurrency type advertisements – in the hopes of protecting its users from deceptive financial products and services.
Binance – This morning, the world’s fourth-largest cryptocurrency trading platform, Binance underwent a system upgrade that temporarily halted all trades.
Japan has also been a crypto-forward and friendly country, but it seems Japan’s top financial regulator is putting its foot down on cryptocurrency exchanges. Just this morning, the Financial Services Agency (FSA) issued six new business improvements to the list of 16 cryptocurrency exchanges it previously approved.
Bithumb hack investors repaid: Another week, another crypto exchange hack. Last Monday, June 11, the world awoke to the news of the Coinrail hack. This week, another South Korean exchange was also hacked. This time around it was Bithumb. In the Bithumb hack, roughly $30M in digital assets was stolen.
FCoin Lists XRP and MIOTA: It’s going to be a big week for Ripple (XRP) and IOTA (MIOTA), as well as six other cryptocurrencies. Every week is important in the crypto sector, but this week has an edge up on, say, last week. Why? Because XRP and MIOTA, as well as several other digital currencies, are featured on FCoin’s listing plans for the week.
The world’s sixth largest cryptocurrency exchange by daily trade volume, Bithumb, has just been hacked for $31 million. This morning the South Korean exchange announced that hackers had stolen close to 35 million Korean won for its system.
In a partnership with MarketPsych Data LLC, the Canadian news and information company Thomson Reuters has expanded its sentiment data to cover the top 100 cryptocurrencies.
The Coinbase Index Fund is now officially open for investment!
Ethereum(ETH), Bitcoin Cash, Litecoin(LTC), & Stellar(XLM) – New York-based regulated exchange, itBit, has just received approval from the State Department of Financial Services to offer more cryptocurrencies on its platform.
Coinbase adding Ethereum Classic (ETC): Announced earlier, it’s official – the cryptocurrency exchange Coinbase is adding support for a new token, Ethereum Classic!
Binance euro trading pairs – it’s finally happening! This is huge news because this will be the first fiat currency option to become available on Binance.
Huboi, currently the third-largest cryptocurrency exchange by its 24-hour trading volume, just announced its big plans to unleash a public blockchain.
Gemini is a popular crypto exchange. It allows users to send, receive and store cryptocurrency. Here is our 2018 Gemini Exchange review!
SBI Holdings Crypto Exchange: When a company launches a new initiative or product, excitement tends to follow and the news often circulates around the market, attracting the eye of different people. Even so, today’s buzz, caused by SBI Holdings- a Japanese finance behemoth, is a different story.
What are the most popular crypto exchanges? Are you missing out on the best?
One of South Korea’s largest cryptocurrency exchanges, Bithumb, has just announced that it will be halting trade on its platform in 11 different countries. Bithumb cited money laundering concerns and will comply with the anti-money laundering norms and is blocking residents in the jurisdictions of the Non-Cooperative Countries and Territories (NCCT) blacklist.
Singapore-based cryptocurrency exchange, Huobi.Pro, announced the launch of its ‘Main Force’ cryptocurrency index today. Designed by the Huobi Group, this index provides its users a comprehensive platform composed of various different digital assets.
Monex Inc., the new owner of the cryptocurrency exchange Coincheck, has announced that Coincheck will expand into the US.
eToro – Consensus 2018 has been quite the event so far. Many major companies in the crypto space waited until they hit the stage at the event to announce big upgrades and changes to their platforms.
Four new Coinbase products are being launched by the popular exchange with the hopes that they will attract institutional investors into the cryptocurrency market.
OKEx has surpassed Binance as the top crypto exchange, listing a 24-hour trading volume of $2.4 billion on CoinMarketCap. Binance currently has a 24-hour trading volume of $2.2 billion. This now makes OKEx the world’s largest cryptocurrency exchange.
It’s been a busy day for the crypto sector. The latest major announcement is regarding the London Block Exchange. Today, word broke that the London Block Exchange listed two new cryptocurrencies.
U.S. exchanges carve a niche in crypto: Some have said the conventional finance world needs to start engaging with the cryptocurrency sector more. If they don’t, they’ll get left behind. However, it appears the majority of the traditional finance world already agrees with this belief. This is has been made apparent due to numerous United States exchanges carving their niche in the crypto space.
Coinbase has blocked Wikileaks. The controversy broke out over the weekend, so what happened? Let’s dig in.
OKEx will move to Malta. The world’s second largest Exchange in terms of trading volume announced its decision a few hours ago to move to the European Island of Malta. Similarly, Asian exchange Binance also has taken the same initiative a few days ago.
On the afternoon of March 30th, traders at the OKEx exchange experienced a moment of distress as they witnessed an atypical situation regarding Bitcoin’s future market prices: While the price of bitcoin remained on a bearish trend around $7000 worldwide, traders saw their currency drop to lows below $4800.
Late Monday evening, Coinbase announced its intention to add ERC20 support on its platform. Does this mean that the exchange will be adding more altcoins to its platform in the future?
The crypto rumor mill is churning again. What’s the news this time? According to a tweet from New York Times journalist Nathaniel Popper, South Korean investors might be buying the crypto exchange Bitstamp. The supposed acquisition is said to amount to about $400 million.
As reported by Bloomberg, Binance is looking to open an office in Malta.
The world’s largest cryptocurrency exchange, Binance, just received a huge warning from Japan. The exchange is listed in Hong Kong but it’s servers actually reside in South Korea. Since the Chinese did that firewall ban, the Binance IPs moved to the British Virgin Islands and other locations to avoid regulatory issues in the future.
Originally published: March 12, 2018
In the aftermath of the Coincheck hack, Monero (XMR), Dash, and Zcash (ZEC) are now being dropped by the Japanese crypto exchange.
Bitcoin price (BTC) extended the downward trend for a third day on Wednesday; the new wave of volatility was supported by regulators – who are planning essential steps to cull fraud and illegal activities from cryptocurrencies. The U.S. SEC will now only allow registered cryptocurrency exchanges to operate, and they will clamp down on all the unregulated exchanges.
As reported by CNBC’s ‘Fast Money’ in an interview with Coinbase president Asiff Hirji, A Coinbase crypto index fund is going to be launched by the exchange platform.
You have only $2 to your name now and can’t afford food or bills? No big deal! Sorry for your loss.
Late last week, the largest crypto exchange hack took place. CoinCheck, headquartered in Tokyo, had $530 million USD worth of NEM stolen from the exchange. The company announced today that it will repay the 260,000 customers that were affected by the hack on its platform. It remains unclear as to where the company is getting this money but it claims repayments will come directly from their own funds. Currently, there is no timeline as to when refunds will be distributed. CoinCheck’s website currently reads:
CME (NASDAQ:CME) launched its Bitcoin futures contracts early on December 18, and it has gotten off to an extremely successful start.
