Bitcoin Cash Futures Volumes: A Prelude to the Recent BCH Price Appreciation

post-img

Read More

Over the last few weeks, there’s been a lot of attention focused on bitcoin cash (BCH) doubling in value and the $10 million worth of BCH-based futures being swapped on the Crypto Facilities platform every month. Last month, Crypto Facilities saw close to $50 million in BCH contracts. Since then, the popular Huobi exchange has…

U.S. is Falling Behind in Crypto Exchange Volume: Regulation to Blame?

post-img

Read More

Despite being home to the NYSE and NASDAQ, which comfortably lead the rest of the planet in terms of exchange volumes, the U.S. has conceded its initial crypto exchange leadership position to Asia. While U.S. exchanges—such as Poloniex—once recorded the highest volumes, a new breed of hard-driving Asian exchanges—such as Binance and Huobi—now lead the pack,…

In the Daily: Bitcoin Begging, NEM Foundation Fights to Survive, Huobi Prime

post-img

Read More

In the first weekend edition of The Daily, we examine the biting effects of crypto winter, which might have frozen out ETH scambots, but hasn’t prevented the penurious from panhandling for crypto by more direct means. We also look at the latest restructuring of the NEM Foundation, which has faced the full force of the…

Exchange News: Huobi Trials EOS Exchange, Sharespost Enables Security Token Trade

post-img

Read More

In recent cryptocurrency exchange news, Huobi’s EOS exchange has entered trial operations, Sharespost has facilitated a secondary trade of the BCAP security token, and Bithumb has obtained South Korean Information Security Management System certification. Also Read: Bisq DEX Launches DAO on Testnet as Developers Seek to Decentralize Governance  Huobi Launches Trial of EOS Exchange In the…

Huobi and Major Russian Bank to Provide Legal Help to the Crypto Industry

post-img

Read More

The recently established Russian subsidiary of global cryptocurrency exchange Huobi and Vnesheconombank, Russia’s state-owned development bank, are now partnering to offer crypto companies legal support and advice. The newly created “legal lab” will also represent blockchain businesses in court. Also read: German Startup Devises Eco-Friendly Energy-Efficient Miners Legal Lab to Assist Crypto Companies in Russian…

Japanese Cryptocurrency Exchange to Relaunch as Part of Huobi After Buyout

post-img

Read More

A regulated Japanese cryptocurrency exchange is shutting down to relaunch as part of the Huobi family. The new exchange will support six cryptocurrencies and 11 trading pairs. Existing Bittrade customers need to open new accounts, complete KYC verification, and transfer their assets to the new platform. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls…

Grant Thornton Attests USDC Is Backed by Fiat, Huobi Sets Up Communist Party Branch

post-img

Read More

In exchange news, we look at a major accounting firm’s attestation that all USDC tokens issued by Circle are fully backed by fiat dollars. We also focus on a Huobi Group subsidiary that has set up a Chinese Communist Party branch, as well as Bakkt, which has listed the reasons behind its move into bitcoin.…

Huobi Exchange’s Plans for Russia Go Well Beyond Crypto Trading

post-img

Read More

Huobi exchange, which just opened an office in Moscow, wants to lend money and rent space to Russian miners, shape the country’s regulations and train local blockchain talent.

New York AG Report Faults Crypto Exchanges for Manipulation Risks

post-img

Read More

The NY Attorney General’s Office stated that many crypto exchanges cannot monitor abusive trading activity, and referred 3 for potential violations.

BCH Roundup: Markets Spike While the Community Debates Token Protocols

BCH Roundup: Markets Spike While the Community Debates Token Protocols

Read More

There’s been a lot happening this week within the Bitcoin Cash (BCH) ecosystem, and much of the community’s discussion revolves around tokenization concepts on the BCH chain. Meanwhile, the network has been running smoothly, and BCH markets seem to be reversing their trend after cryptocurrencies values were experiencing bearish sentiment for the past six months.…