Search Results for: cryptocurrency exchange

cryptocurrency exchange bitfinex lists $280M crypyto hedge fund

Cryptocurrency Exchange BitFinex Lists $280M Crypto Hedge Fund

BitFinex, the major cryptocurrency exchange and partner firm of stablecoin Tether (USDT) is listing a multi-million-dollar cryptocurrency hedge fund. The exchange announced on March 16 that it has listed Bahamas-based crypto hedge fun Fulgur Alpha, which is currently worth $280M dollars. According to BitFinex, the fund – which is only accessible to professional investors – […]

brazilian cryptocurrency exchanges hits hard with crypto tax regulations

Brazilian Cryptocurrency Exchanges Hit Hard by Tax Regulations

Legislators in Brazil have gotten support to regulate the crypto market following allegations of fraud at Atlas Quantum, Zero10, and Trader Group last year. And, February saw some of the results of those actions. Bitcoin.com has reported that two major cryptocurrency exchanges based in the South American nation have been shut down following threats of […]

cryptocurrency exchange bitfinex

Cryptocurrency Exchange Bitfinex Introduces Sub-Account Feature

Cryptocurrency exchange Bitfinex releases a new feature on its platform. Institutional traders worldwide can now create up to 100 trading accounts within one master account. According to the announcement, the ‘Sub-Account’ feature in Bitfinex is enabled in response to the flowing customer demand. It will allow users in the first place to deploy various trading […]

south korean cryptocurrency exchange platform bithumb

South Korean Cryptocurrency Exchange Platform Launches R&D Center

The major South Korean cryptocurrency exchange platform, Bithumb launches its own research and development center. The announcement goes live by the company. It states that Bithumb is the first company with a blockchain and cryptocurrency research recenter in South Korea. With this establishment, Bithumb has high hopes for the research center’s impact on the company. […]

ID Check mandatory for Cryptocurrency Exchanges

Lithuania Makes ID Check Mandatory for Cryptocurrency Exchanges

To curb the money laundering entities, Lithuania’s finance ministry is going to introduce new regulations for the crypto exchanges running in the nation. The new rules make customer ID Check mandatory for Cryptocurrency Exchanges for any kind of transaction. The parliamentary body has approved of the new regulations. However, there is no information on the […]

Cryptocurrency Exchange OKEx Launches Crypto Derivative Product

Cryptocurrency Exchange OKEx Launches Crypto Derivative Product

OKEx, a Malta-based cryptocurrency exchange, has launched Perpetual Swap. The new crypto derivative product is claimed to be a virtual derivative that allows users estimate the future value of Bitcoin vs US Dollar, as per the OKEx’s index. The digital asset exchange company believes that blockchain will remove the barriers and increase the efficiency of transactions.

Nasdaq and Fidelity Invest $27.5 million in New Cryptocurrency Exchange

Nasdaq and Fidelity Invest $27.5 million in New Cryptocurrency Exchange

Nasdaq Ventures and Fidelity Investments have invested an amount of $27.5 million in ErisX, a new cryptocurrency exchange. Keeping in view the regulatory matters, the company has stated that it will utilze the latest investment from Nasdaq and Fidelity to create a more secure environment for digital assets.

crypto, crypto exchanges

South Korean crypto exchanges bracing for a legal battle amid threats of closure

If they fail to meet a regulatory deadline in September and are forced to close. South Korean crypto exchanges are preparing to sue the government or challenge it in the constitutional court. New crypto exchange regulations, which have already been enacted into law, will take effect on September 24. However, none of the country’s 60 […]

South Korea

South Korea is taking steps to ban crypto exchanges from cross trading

The Financial Services Commission of South Korea has moved to prohibit cross-exchange trading on crypto exchanges in the country. The move is part of a slew of changes to the country’s Financial Transaction Information Reporting and Use Act. Cross-trading is the practice of offsetting buy and sell orders for the same asset (at the same […]

Breach at Indian exchange BuyUCoin reportedly exposes the personal data of 325K users

Indian BuyUCoin crypto exchange users have reportedly affected by a breach involving more than 325,000 individuals’ personal data. A hacking group named ShinyHunters leaked a database containing the names, phone numbers, email addresses, tax identification numbers and bank account details of more than 325,000 users of BuyUCoin, according to a report from the Indian news […]