Tag: cryptocurrency exchange

Binance, the digital currency exchange, has hinted at the upcoming launch of its decentralized exchange (DEX). A tweet by Changpeng Zhao, CEO, and founder of Binance, also revealed that Binance Coin (BNB) would be used as native GAS on the future DEX. According to data from Coinmarketcap, the current Binance platform is currently responsible for around $938 million in daily…

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The founder of cryptocurrency exchange OKEx has been taken into custody by Shanghai police officials after allegedly being involved in a fraudulent scheme regarding the WFEE Coin, Sina Finance reported on September 11, 2018.  Xu Put Through Questioning, His Business in The Clear Star Xu is currently assisting officers in Shanghai investigate fraudulent activity on the part of the WFEE…

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KuCoin, the most advanced platform for trading cryptocurrencies proudly announces the listing of Ox’s fundamental token. ZRX is now officially part of the tradable tokens of this exchange. Supported trading combinations are ZRX/ETH and ZRX/BTC. Buying transactions will commence at 21:30 (UTC+8) and Selling/Withdrawal processes can be started at 22:00 (UTC+8). Trading can be performed by using KuCoin’s app in…

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Neufund, a Berlin-based, blockchain-powered equity fundraising startup, has formed a strategic partnership with BitBay cryptocurrency exchange, to enable investors to buy and sell equity tokens with fiat money seamlessly, according to a press release by the firm on August 3, 2018. The Real Deal Neufund, a platform built upon the Ethereum blockchain, has now joined forces with Malta-based digital currency…

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The world’s largest Crypto exchange Binance has announced its first ever acquisition on July 31, 2018. Binance has taken over Trust Wallet, a California-based wallet company, making it an official Binance business. The acquisition aims to enhance users safety and give them 100 percent control over their money. Why Trust Wallet Trust wallet was launched in November 2017 and has…

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Throughout this week, many tokens including 0x (ZRX), Ethos (BQX), ICON (ICX), and Aeternity (AE) have been traded in South Korea with 300 to 600 percent premium rates. As of August 1, 2018, Ethos on Bithumb, a major crypto exchange in the local market of South Korea, is being traded at $5.82, up 582 percent from its global average price…

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Messaging app Line officially launched its cryptocurrency exchange – BitBox in Singapore. BitBox is a crypto-to-crypto trading platform that currently supports 30 cryptocurrencies including, Bitcoin, Ethereum, Litecoin and Bitcoin Cash. Since the exchange is purely crypto-to-crypto, it will probably be subject to less scrutiny, as compared to its fiat-to-crypto counterparts. Better Late Than Never In the past, the messaging app…

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Binance, the world’s largest cryptocurrency exchange by volume, is set to launch a regulated bank that will be owned by crypto investors. According to a statement released on July 12, 2018, the new bank will be named ‘Founders Bank’, and Binance has said that its stake in the venture is five percent. Crypto Friendly Malta Long renowned for being a…

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Bancor, a decentralized crypto exchange that raised $153 million in June 2017, has lost $12.5 million in ether, the native cryptocurrency of Ethereum, in a recent security breach. However, the blockchain protocol and its developers were criticized not for the theft of their funds, but for their ability to freeze funds using a centrally controlled system. Start of Controversy: Freezing…

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Japan’s largest cryptocurrency exchange, BitFlyer, has placed a moratorium on the creation of new accounts following intervention from the country’s principal financial services regulator, the FSA. The restriction was put in place after the FSA placed a ‘Business Improvement Order’ on the exchange on June 22, 2018. BitFlyer received the order alongside many crypto-based companies the same day. “Voluntary and Temporary Suspension”…

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