Markets

Bitcoin price didn't crash 60% due to coronavirus says binance ceo

Bitcoin Price didn’t Fall 60% Less due to Coronavirus, Says Binance CEO

The Coronavirus pandemic was all around the world like fire. And this is what that ignited the current global economic meltdown, not its cause, the Binance’s CEO says. As per the blog post published on March 20, Changpeng Zhao, famous as “CZ” in crypto-verse, argued that coronavirus shows the world how weak our economy is. […]

Gemini is working with regulators to list filecoin

Crypto Exchange Gemini Is Working with Regulators to List Filecoin

Cryptocurrency exchange Gemini is working with its regulators to support trading of Filecoin, the firm said in a blog post on Tuesday. The New York-based exchange said its custody unit would support the asset to start. The launch of the cryptocurrency’s mainnet is tentatively slated for sometime between mid-June and mid-July, as per the report […]

fcoin shuts down

Chinese Exchange FCoin Closes Down, Still Owes Users $125 Million

Zhang Jian, the founder of Chinese crypto exchange FCoin, revealed in a post earlier today that FCoin may not be able to pay the 7,000-13,000 BTC (that’s $67 million to $125 million) that it owes users. According to Zhang, the exchange hasn’t been hacked and isn’t an exit scam. But evidence suggests it might be […]

crypto regulation in Italy

Italy’s Regulator Shuts Down 8 Crypto Trading & Foreign Exchange Sites

Italy’s securities regulator has shut down six foreign exchange websites and two crypto investing and derivative trading sites. According to Finance Magnate’s Feb 10 report, the Commissione Nazionale per le Societa e la Borsa (CONSOB) has accused these 8 FX sites of violating the Mifid2 and the Consolidated Law on France (TUF) for providing illegal […]