Search Results for: crypto exchange

Women arrested for stealing $480,000 BTC from crypto exchange Bitcipher

Indian Woman Arrested for Stealing Bitcoin (BTC) from Crypto Exchange

Indian woman living in Bengaluru on March 17 was arrested with a proof for allegedly stealing 63.5 bitcoins from Bitcipher Labs. Reports suggest that she is the woman who co-founded the crypto exchange platform Bitcipher Labs in its early days. The thefts took place in two different days: on January 11 and March 11 respectively. […]

Crypto Exchange KuCoin establishes KuGroup to expand services

IDG-Backed Crypto Exchange KuCoin Establishes KuGroup to Expand Services

Despite the ongoing global crisis fueled by intensifying coronavirus fears, Singapore-based cryptocurrency exchange KuCoin takes action to expand its services and restructure the business. Backed by major venture capital firm IDG Capital, KuCoin exchange has established KuGroup, a core division of the company that will manage all KuCoin products. KuCoin announces two new appointments alongside […]

Binance.US

Global Crypto Exchange Binance.US Enables USDC Deposits

Global cryptocurrency exchange Binance has listed USDC for deposits on its United States Branch, Binance.US. The new listing took effect on 4th March at 9:00 PM EST, allowing users easily convert to BUSD, according to a statement made on their official website. BUSD allowed for trading or holding With such a measure, ‘Binance.US‘ will allow […]

South Korea passes law to introduce permit system for crypto exchanges

South Korea Passes Law to Introduce Permit System for Crypto Exchanges

On 5th March, South Korea’s National Assembly passed a revised bill on the reporting and use of special financial transaction information, focusing on the introduction of a permit system for crypto exchanges. Accordingly, virtual asset operators such as crypto exchanges would have to report their operations to the Financial Intelligence Unit (FIU) under the Financial […]

Indian crypto exchanges resume fiat services 24hrs after SC ruling

Indian Crypto Exchanges Resume Fiat Services 24Hrs After SC Ruling

Major Indian crypto exchanges Unocoing and WazirX have resumed fiat deposits less than a day after the Supreme Court quashed restrictions on banks’ services to crypto firms in the country. Unocoin, which claims to have been the first entrant into the Bitcoin space in India since its founding in 2013, has been described by local […]

Estonia grants license to chilean crypto exchange

Estonia Grants License to Chilean Crypto Exchange

Chile’s crypto exchange trading platform CryptoMarket has obtained a license issued by the Estonian Financial Intelligence Unit (FIU). It allows providing services for the purchase and sale of crypto assets. Founded in 2016, CryptoMarket joins a select group of Latin American crypto companies operating in the region, with Bitso (Mexico) and Mercury Cash (Venezuela) obtaining […]

Digitex to remove KYC to protect user data

Crypto Exchange Digitex Removes KYC to Protect User Data

While some global crypto exchanges move to expand Know Your Customer (KYC) rules, some major rivals claim that crypto platforms don’t need KYC at all. Digitex, a Seychelles-based crypto derivatives exchange, will start removing KYC identification this week in response to a major user data leakage that happened last month. Digitex will have no KYC […]

US Court Says $250 million stolen from unnamed crypto exchanges

US Court Says $250 Million Stolen from Unnamed Crypto Exchanges

Crypto exchanges and cryptocurrency companies may constantly be trying to improve their usability and security, but when there’s a weakness for hackers to exploit, they go big or go home. According to court documents released by Seamus Hughes at Program on Extremism, the United States District Court for the District of Columbia already convened a […]

crypto exchange coinbase registers as second class member with JVCEA

Crypto Exchange Coinbase Registers as 2nd-Class Member with JVCEA

The Japan Virtual Currency Exchange Association (JVCEA) – the official self-regulatory organization for the crypto industry in Japan – announced on 2nd March 2020 that three additional companies have just registered as second-class members. Coinbase, Digital Asset Markets, and the Tokyo Hash have registered as reported by the JVCEA. Second-class members with the agency can […]

Swiss Stock Exchange partners with Omniex to access crypto exchanges

Swiss Stock Exchange Partners with Omniex to Access Crypto Exchanges

Switzerland’s leading stock exchange, SIX Swiss Exchanges, has announced a partnership with Omniex – a San Francisco based firm that develops trading platforms designed for institutional investors targeting the crypto-asset markets. According to a Feb 25 press release published by SIX Group, the partnership will provide the firm and its clients with a gateway to […]