Binance Removing CLOAK, MOD, SALT, SUB, and WINGS: Industry-Wide Delisting Trend

post-img

Read More

Binance announced today that it will be delisting CLOAK, MOD, SALT, SUB, and WINGS from its trading platform, citing reasons ranging from “commitment of the team to project” to “fraudulent conduct.” The move comes after the exchange’s removal of BCN, CHAT, ICN, and TRIG last October, and may indicate a broader industry trend. Binance Delisting Projects…

QuadrigaCX Granted Creditor Protection After CEO’s Death Makes $190 Million Inaccessible

post-img

Read More

Following the sudden death of the 30-year-old founder Gerald Cotten, one of Canada’s largest cryptocurrency exchanges was granted an order for creditor protection in the Nova Scotia Supreme Court while the company looks to recover $190 million in investor funds. On Jan. 28, Quadringa, through a statement from Jennifer Robertson, wife and partner of Cotten, announced…

Stably’s StableUSD (USDS) Scheduled for Listing on Binance Feb. 6th

post-img

Read More

The Pacific Northwest’s StableUSD is scheduled for listing on Binance on Feb. 5th. Stably’s USDS is a cryptocurrency that aims to introduce additional transparency and reliability into a fiat-backed stablecoin. Binance announced that it will list StableUSD (USDS) on Feb. 5th, 2019 at 19:00 PST, Feb. 6th 03:00 UTC, for BTC to USDS and BNB…

Custody or Convenience: BitGo Offers Cold Storage Cryptocurrency Trading

post-img

Read More

There are tradeoffs between centralization and convenience in cryptocurrency trading. BitGo has partnered with Genesis Global Trading Inc. to introduce a new method for exchanging funds offline that could offer greater flexibility and security, but it may come at the cost of custody. In partnership with @GenesisTrading, “BitGo Inc.’s customers will be able to buy…

Binance Freezes Hacked Cryptopia Funds, Raises Questions Around Cryptocurrency Fungibility

post-img

Read More

Part of the funds from the Cryptopia hack were recently sent to the Binance cryptocurrency exchange. In response, Changpeng Zhao (CZ), the CEO of Binance froze the funds, raising questions around cryptocurrency’s anonymity and fungibility. Cryptopia is a tiny exchange with a daily trading volume averaging around $2 million. The exchange was hacked on the…

Cryptopia Suffers Catastrophic Hack, Evidence Suggests $2.5 Million Ethereum Stolen

post-img

Read More

New Zealand-based Cryptopia is the first cryptocurrency exchange to get hacked in 2019. Estimates of the damage range between $2.5 to $3.5 million; The attack was confirmed in the late hours of Jan. 13th after the company announced emergency “maintenance.” Cryptopia is a tiny exchange with daily trading volume averaging approximately $2 million. The evening of…

Security Tokens the Next Step for Regulated Crypto Exchanges

post-img

Read More

Once the institutional ‘smart money’ enters the market, we will see a liquidity pool difficult to imagine compared to the current market. The path forward is the tokenization of securities and the capital markets. The crypto sphere took the world by storm in 2017 when we saw the overall cryptocurrency market cap surge by some…

World’s 23rd Richest Man Invests in Cryptocurrency Exchange Bakkt’s First Funding Round

post-img

Read More

Bakkt, a digital asset platform created by the Intercontinental Exchange, has completed its first funding round, securing an investment from Li Ka-shing, a renowned Hong Kong billionaire and one of the wealthiest men on the planet. Li Ka-Shing Leads Investment Round For Bakkt Bakkt, a cryptocurrency platform backed by the Intercontinental Exchange (ICE) had completed…

Bitcoin Futures Exchange Bakkt Raises $182.5 Million from BCG, Microsoft, Pantera Capital, and Others

Bitcoin Futures Exchange Bakkt Raises $182.5 Million from BCG, Microsoft, Pantera Capital, and Others

Read More

Bitcoin enthusiasts are off to a promising start for 2019 as Bakkt announces the completion of a $182.5 million funding round from a host of influential venture capital funds. ‘Bakkt’ by the Biggest Bakkt was launched by the Intercontinental Exchange (ICE), the parent firm of the New York Stock Exchange, along with several other influential…

India Stalls Cryptocurrency Regulations, Uncertainty Continues

post-img

Read More

India’s government has continued its “undecided” stance on regulation around the cryptocurrency ecosystem. No timeline was promised by Pon Radhakrishnan, the Minister of State Finance, for enacting legislation, even in the December 28, 2018 meeting. December Passed: Still In a Limbo The Indian Government and the domestic cryptocurrency exchanges had always been at odds with…