Malta Tops Exchange-Based Crypto Trade, Russia Leads in OTC Volume

Malta Tops Exchange-Based Crypto Trade, Russia Leads in OTC Volume

Read More

Jurisdictions with crypto-friendly legislation or comprehensive regulations in place are leading in terms of exchange-based cryptocurrency trading. According to a new study, however, over the counter and P2P exchange is much more popular in developing nations and countries where non-cash payments are still not widely spread. Also read: Crypto Funds Number 466 Despite Trends, Uncertainty…

Facebook's David Marcus Steps Down From Coinbase's Board

Facebook's David Marcus Steps Down From Coinbase's Board

Read More

David Marcus is stepping down from the board of directors at crypto exchange Coinbase, citing his new role at Facebook leading blockchain strategy.

Indian Exchange Zebpay Enables Trueusd (TUSD) Stablecoin Trading

Indian Exchange Zebpay Enables Trueusd (TUSD) Stablecoin Trading

Read More

One of the largest cryptocurrency exchanges in India, Zebpay, has enabled Trueusd (TUSD) trading, deposits and withdrawals. The dollar-pegged stablecoin is offered as an alternative to fiat trading which is problematic under the Indian central bank’s ban. Also Read: The Daily: New Education Centers, Vietnamese Ask for Fraudster’s Extradition Zebpay Enables Trueusd Mumbai-headquartered cryptocurrency exchange…

Okex Socializes Loss From Over $400 Million Bet Among BTC Futures Traders

Okex Socializes Loss From Over $400 Million Bet Among BTC Futures Traders

Read More

Anyone getting involved with leveraged trading must assume upon themselves the risks associated with the potentially highly rewarding practice. A recent event should remind traders that, sometimes, even when the trade goes your way, you can still take a hit. Okex socialized one trader’s massive loss on BTC futures with a clawback. Also Read: The…

Bithumb Resumes Deposit and Withdrawal Services – Upbit Reveals 127% Cash Reserves

Bithumb Resumes Deposit and Withdrawal Services – Upbit Reveals 127% Cash Reserves

Read More

South Korean exchange Bithumb has resumed deposit and withdrawal services for a number of cryptocurrencies after the recent hack. Another major Korean exchange, Upbit, has released an audit report showing more crypto and cash reserves than needed to pay customers. Meanwhile, all customer deposits at Korbit will now be held by a bank. Also read: Yahoo!…

First Crypto Firm IPO on London Stock Exchange Raises $32.5 Million

First Crypto Firm IPO on London Stock Exchange Raises $32.5 Million

Read More

Crypto mining subscription company Argo Mining debuted on the London Stock Exchange on Friday, garnering more than $32 million through its IPO.

Coinbase Transfers Halted in Venezuela – U.S. Sanctions to Blame?

Coinbase Transfers Halted in Venezuela – U.S. Sanctions to Blame?

Read More

Initially revealed on August 2, 2018, several Venezuelan Coinbase users abruptly lost the ability to withdraw or send cryptocurrency, prompting speculation that the exchange may have its hands tied by US-Venezuela sanctions. Purportedly, Venezuela-based Coinbase users are still able to buy or sell cryptocurrency on the platform but may run into trouble when attempting to…

Nasdaq Holds Secret Meeting to Legitimize Cryptocurrency

Nasdaq Holds Secret Meeting to Legitimize Cryptocurrency

Read More

With emerging regulation and institutional solutions, Wall Street is slowly adopting cryptocurrencies as a legitimate digital asset class. On July 27, 2018, Nasdaq held a closed-door meeting with traditional exchange and cryptocurrency company executives to discuss the future of the nascent sector. Nasdaq Assembles Crypto Round Table Nasdaq hosted a secret meeting in Chicago with…

Binance Eyes Up South Korea as Next Conquest

Binance Eyes Up South Korea as Next Conquest

Read More

Days after marking its first-year anniversary, leading exchange Binance is reportedly poised to enter South Korea. Seeing more than $600 million worth of cryptocurrency traded every day, the South Korean market is the fifth-most active in the world. While Binance — the world’s largest exchange by trade volume — is yet to issue an official…

Coinbase Secures $20 Billion Hedge Fund and Plans to Offer Margin Financing for Institutional Investors

Coinbase Secures $20 Billion Hedge Fund and Plans to Offer Margin Financing for Institutional Investors

Read More

In early July 2018, San-Francisco based startup Coinbase launched its custodian solution for institutional investors. The leading digital asset exchange has now secured a $20 billion hedge fund to offer investors a greater variety of financial services. Coinbase Custody Draws Institutional Capital into Crypto The everyday investor’s go-to service for buying and selling cryptocurrency, Coinbase,…