Tag: cryptocurrency exchange

  • Cryptocurrency
    Industry

    Two of Russia’s Largest Banks to Offer Crypto Trading in Six Top Coins

    Two of Russia’s largest banks, Alfa Bank and Sberbank, will soon be offering clients access to cryptocurrency portfolios that will permit the trading of six popular coins on major exchanges Kraken and Bitstamp. Crypto Trading Portfolio Alfa Bank is the largest private bank in Russia, while Sberbank is state-owned...

    Thomas Delahunty | June 19, 2018 | 9:30 pm
  • FSA
    Industry

    Japan’s Largest Crypto Exchanges to Face the Wrath of the FSA

    Japan’s Financial Services Agency (FSA) will be taking administrative action against several registered cryptocurrency exchange operators in the country. These exchanges include Quoine, Bitbank, BITPoint Japan, BtcBox, and industry leader BitFlyer, who authorities claim don’t have proper internal management systems in place, including measures to prevent money laundering.  FSA...

    Thomas Delahunty | June 19, 2018 | 8:10 pm
  • Africa
    Industry

    OTC Trading Platform Paxful Is At the Forefront of a Crypto Boom in Africa

    Current financial, social, and economic conditions in Africa have contributed to the surging popularity of cryptocurrencies on the continent. For the over-the-counter (OTC) crypto trading platform Paxful, African customers account for almost $7.5 million in transactions per month. Interestingly, half of these crypto enthusiasts are under 30-years-old and...

    Thomas Delahunty | June 19, 2018 | 1:00 am
  • Altcoins

    Binance Implements New Features To Help Improve User Experience

    Despite the market downtrend, Binance’s team has forged ahead to ensure that its consumers are having a great experience using the exchange.  Binance Supports Three EOS AirDrops Airdrops have historically been a touchy subject for cryptocurrency exchanges, as claiming airdrop tokens can often require exchanges to give up...

    nickchong | June 18, 2018 | 9:00 am
  • Icon ICX
    Altcoins

    Binance Announces Icon (ICX) Mainnet Token Swap, Price Jumps

    One of the world’s largest exchanges, Binance, has just revealed that it will be supporting Icon’s (ICX) mainnet within the upcoming week. Binance Supports Icon Mainnet Swap Binance has finally announced that it will be swapping the ICX ERC-20 tokens for the official mainnet coins, five months after...

    nickchong | June 14, 2018 | 8:00 am
  • FATF
    Industry

    Financial Crime Watchdog FAFT to Consider Cryptocurrency Regulations This Month

    The international financial crime watchdog, the Financial Action Task Force (FATF), will hold discussions later this month to develop rules for governing cryptocurrency exchanges. It will primarily make sure effective countermeasures are in place to prevent money laundering and terrorist funding, according to a Japanese government official familiar...

    Thomas Delahunty | June 12, 2018 | 9:00 pm
  • Bitcoin

    Is South Korean Exchange Hack Responsible for Bitcoin Price Plunge?

    Bitcoin price plunge over the weekend is generally being linked to another cryptocurrency exchange hack in South Korea. This time it was a smaller exchange called Coinrail that was breached by blackhats who made off with over $40 million in altcoins which may have caused the massive sell-off...

    John McMahon | June 11, 2018 | 6:12 am
  • Bitcoin

    Binance User Loses 2 BTC After Hacker Steals Password, How to Prevent Theft

    Amidst the brutal market conditions, a Reddit user, BeanThe5th, has somehow managed to get in more trouble than the market is currently in, reportedly losing two Bitcoin in a hack.  Reddit User Loses Two Bitcoin In Binance Hack Yesterday, BeanThe5th made a thread in the popular /r/cryptocurrency subreddit, regarding...

    nickchong | June 11, 2018 | 5:07 am
  • Huobi
    Blockchain

    Crypto Exchange Huobi Unveils Plans to Put Entire Organization on the Blockchain

    Aiming to be among the first ‘leaders’ of decentralized financial infrastructures, cryptocurrency exchange Huobi — the third largest in the world by trading volume — has unveiled plans to put its entire organization on the blockchain. Huobi Chain Gordon Chen, director of the exchange’s global ecosystem fund Huobi Eco, told Tech...

    Thomas Delahunty | June 6, 2018 | 8:00 pm

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