Tag: cryptocurrency exchange

OKEx, the second largest cryptocurrency exchange by daily trading volume, recently infuriated traders, as many suffered significant losses after the early close of Bitcoin Cash contracts. According to Bloomberg’s article published on November 19, 2018, while OKEx’s decision was not illegal, it was highly unusual and highlights the dangers of participating in an unregulated industry. OKEx Justifies Early Delivery On…

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Stox (STX ),  a distributed ledger technology (DLT ) based prediction platform that allows users to predict the outcome of events in various ecosystems including the cryptocurrency markets, sports, tech, and others, has responded to rumors making the rounds that its orchestrating an exit scam, according to a Finance Magnates report  on November 12, 2018.     Stox (STX) Not Running…

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Hong Kong-based cryptocurrency exchange platform Bitfinex announced its updated fee structure for high frequency/size fiat withdrawals, through a blog post published November 11, 2018. Notably, regular withdrawals are unaffected by this change. A Step Backward? One of the characteristics that make cryptocurrencies tower over the conventional medium of exchanges is their low cost of transaction compared to payment services like…

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Bitstamp, one of the top-30 cryptocurrency exchanges in the world by daily trading volume, was acquired by Belgium-based investment company NXMH for an undisclosed amount in cash, reported Reuters on October 29, 2018. Another Crypto Exchange Acquired  With the successful purchase, NXMH now reportedly has 80 percent stake in Bitstamp, while CEO Nejc Kodric retains a 10 percent ownership interest…

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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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