Cryptocurrency exchange

cryptocurrency

11 cryptocurrency exchanges in South Korea reportedly shut down

The Financial Services Commission, South Korea’s top financial regulator. Reportedly planning to shut down a dozen local cryptocurrency exchanges due to fraud allegations. According to the local news agency The Korea Herald. The FSC will shut down at least 11 mid-sized crypto exchanges in South Korea due to alleged illegal activities. And fraudulent collective accounts. […]

gbp, binance

British users on Binance reporting issues with the Fiat ramps, banks, and credit cards

Customers in the United Kingdom have claimed that they have been locked out of GBP withdrawals via the Faster Payments network. With bank card-linked transactions also experiencing issues. Just days after the British regulator ordered Binance to stop offering fiat-based services in the country. The Financial Conduct Authority (FCA) ordered Binance’s UK operations to stop […]

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. […]

World Federation of Exchanges says crypto terminology needs clarity

“Digital & Crypto Assets Need Clarity”: World Federation of Exchanges

In response to the EU’s cryptocurrency regulatory framework, the World Federation of Exchanges (WFE) says digital and crypto-assets need strong clarification and classifications. While answering questions posted in a March 20 report WFE says “We believe there could be value in adopting a single EU classification which covers both: digital-assets and also crypto assets, as […]

Bitfinex to delist 87 crypto trading pairs

BitFinex to Delist 87 Crypto Trading Pairs on March 26 Aiming to Improve Liquidity

Major cryptocurrency exchange BitFinex announced the removal of 87 crypto trading pairs due to low liquidity levels as of March 26 at 10:00 GMT. According to the company, the measure seeks to consolidate and improve liquidity, allowing them to move towards a more streamlined and optimized trading experience. BitFinex provided to the media additional details […]

Binance P2P adds five new fiat currencies in lating america

Binance P2P Adds Five New Fiat Currencies in Latin America

Cryptocurrency exchange Binance has rolled our peer-to-peer (P2P) crypto trading with five new Latin American fiat currencies. Users of the Binance P2P trading platform can now buy and sell cryptocurrency directly with Brazilian Real (BRL), Argentine peso (ARS), Colombian peso (COP), Mexican peso (MXN) and Peruvian Sol (PEN). Supported cryptocurrencies include Bitcoin, Ether, Tether, Binance […]

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 […]

bitcoin businesses in India

Indian Ministry Reveals Investigations into Bitcoin Businesses

A filing submitted in the lower house of India’s parliament – the Lok Sabha – has revealed an investigation into fraudulent practices by so-called “bitcoin companies” operating in the country. An official question was submitted by center-left parliamentarian Mohammed Faizal and was answered by Minister of State for Finance and Corporate Affairs Anurag Thakur on […]

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 – […]

Coinbase launches BTC transaction batching

Coinbase Launches BTC Transaction Batching, Saving Users 50% on Fees

Major cryptocurrency exchange Coinbase recently unveiled a new feature on its platform designed to save users money on transaction fees. According to a blog post released by the exchange on March 13, Coinbase would immediately begin offering Bitcoin (BTC) transaction batching for its customers. The move was taken by Coinbase, which “requires no action from […]