Tag: exchange

On January 22, 2019, Livio Weng Xiaoqi, the chief executive of Huobi Global, insisted that the company is still profitable despite the bear run and event layoffs, as new projects are launched. Beating the Bear Run Within the last year, there have been significant changes in the global cryptocurrency market and not all of them good. Last year, crypto firms…

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Cryptocurrency is still an emerging industry and regulation is still trying to keep up. While there are few assertive regulatory frameworks in the world, crypto-related companies are often requested to provide information to law enforcement agencies. On January 18, 2019, ShapeShift came forth to reveal how it handles this matter. Providing Information to Law Enforcement Agencies ShapeShift, one of the…

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Many believe that institutional money will not flow into cryptocurrency markets until there are more adaptability and flexibility with the markets with regards to investment products such as futures contracts. Gate.io has recently added two new assets to its “perpetual contract trading,” Monero (XMR) and Stellar Lumens (XLM), on January 18, 2019. The Financialization of Crypto One of the reasons…

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Huobi Japan, the cryptocurrency exchange re-born as a result of a merger between BitTrade and Huobi Group, has now resumed operations as a wholly-regulated exchange by Japan’s Financial Services Agency (FSA), according to a press release on January 17, 2019. Huobi Japan Gets FSA Greencard As reported by BTCManager in September 2018, as part of Huobi Group’s strategy to help…

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Cryptopia, a New Zealand-base cryptocurrency exchange, has suspended all services and gone offline after reporting a major hack that resulted in significant losses, the company announced in a tweet on January 15, 2019. Security Breach Reported at Cryptopia The new year doesn’t seem to have brought any relief to cryptocurrency exchanges, many of whom have fallen victim to major security…

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2019 could set in motion the recovery phase for the smart contracts platform Ethereum, as it looks to undergo its highly-anticipated Constantinople hard fork on January 16, 2019. The fork will occur at block height 7,080,000. 2018 Rewind Ether (ETH), the cryptocurrency that powers the smart contracts development platform Ethereum had quite an eventful 2018. The digital token established its ATH value…

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Silver Miller, a United States-based securities law firm committed to investment fraud and consumer class action cases, has joined forces with Levi Korsinsky to file a class action lawsuit against Nano (NANO) and the controversial BitGrail cryptocurrency exchange for allegedly defrauding investors according to a press release on January 7, 2018. Federal Securities Law Violated Silver Miller and Levi Korsinsky,…

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The Japan Virtual Currency Exchange Association (JVCEA), a self-regulatory body focused on promoting best practices in the Japanese cryptospace, has announced on January 4, 2018, that five new companies have obtained type II membership. The JVCEA Waxing Stronger The JVCEA is a self-regulatory agency set up in June 2018 and approved by Japan’s Financial Services Agency (FSA) after the massive…

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Gemini Trust Co., a cryptocurrency exchange owned by the Winklevoss twins has released an ad campaign advocating for the regulation of the cryptospace to bridge the gap between the decentralized and traditional markets, The Wall Street Journal reports on January 4, 2018. Amenable Crypto Regulation Essential The U.S. based exchange popularly known as Gemini launched their marketing strategy on the…

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The Estonian cryptocurrency exchange DX.Exchange plans on offering tokenized securities on its platform that will allow users to indirectly purchase shares of major companies such as Apple, Google, and Tesla. Live Launch of Tokenized Stock Trading Platform A European Union-certified cryptocurrency exchange is looking to change the way stocks are traded around the world, adding fuel to the fire that is…

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