Tag: cryptocurrency exchange

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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The hack of Korean cryptocurrency exchange Bithumb on June 20, 2018, has once again raised concerns over the security practices of cryptocurrency exchanges. Here, the attackers made away with digital coins worth an estimated $31 million. While that figure does not eclipse the infamous Mt Gox hack of 2014, it has undoubtedly resurfaced similar investor concerns. The hack also triggered…

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Despite the bitcoin price slump, quite a lot of positive news has been emanating from the blockchain-based virtual currency space since the beginning of 2018. In the latest development, London Block Exchange has teamed up ClearBank to make it easier for clients to buy and sell cryptocurrencies. A Crypto-Fiat Alliance According to Reuters, London Block Exchange (LBX), the first dedicated…

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Streamity team announced StreamDesk service launch dates and explained its future plans. There is little time left until the launch of Streamity project’s main service. In the run-up to this event Streamity team presented its alpha-version, which is accessible for testing to those people who want to check out service functionalities. StreamDesk is a decentralized platform for cryptocurrency exchange, which…

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