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High Fees Make BTC Less Appealing for Remittances in Africa: ‘Pray Blocks Happen Quickly’
13.8.2020
Bitcoin trading volumes are on the rise on the African continent despite the ongoing concerns about the high network fees. Data shows peer to peer bitcoin trading platforms recorded spiked growth in volumes starting in April. This was the same time as many countries implemented lockdown measures....
Bitcoin Exchange Reserves Drop to a 12-Month Low Fueling Bullish Optimism
30.7.2020
The number of bitcoin held on exchanges has touched a 12-month low, as bitcoin exchange balances have reached levels not seen since June 2019. According to onchain statistics, there’s more than 2.6 million BTC held on global trading platforms worldwide. Data from a number of sources show that...
Crypto Trading Platform CrossTower Raises $6M in Seed Round
22.6.2020
CrossTower has raised $6 million in seed funding, with entrepreneur Gerard Lopez leading the round
India’s Crypto Trading Volume Soars Amid Economic Crisis
5.6.2020
Despite the economic crisis, cryptocurrency trading platforms in India are reporting record-breaking volumes and new users. “People in India are betting big on bitcoin,” Paxful’s CEO said. “The Indian market holds great potential and importance for the future of...
BigONE Exchange Unveils Star Program
25.5.2020
BigONE, one of the world’s safest cryptocurrency trading platforms, is excited to launch its new Star Program, a referral system that comes with a advanced backend platform that allows BigONE Star members to track the detail of every user they referred to BigONE, not to mention a decent...
Iranian President Calls for Launching a Cryptocurrency Mining Strategy
23.5.2020
Iranian President Hassan Rouhani has called for a mining strategy throughout the oil-rich nation. The latest statements from the Iranian President follows Iran’s moves to restrict specific crypto trading platforms over “currency smuggling” mandates. On May 20, 2020, Iran’s...
More Than $220M in Bitcoin Withdrawn from Crypto Exchanges Since the Halving
14.5.2020
In mid-April, news.Bitcoin.com reported on a great number of BTC withdrawn from cryptocurrency trading platforms and after the third BTC halving, the trend has picked up once again. Data from Glassnode’s Bitcoin Exchange Net-Flow statistics show that close to 24,000 BTC has been withdrawn...
S Korea to Welcome Blockchain-powered Unlisted Stock Trading Platforms
11.5.2020
Two new blockchain-powered unlisted over-the-counter (OTC) stock trading platforms should launch in South Korea next year, with a third, rival platform already ready to open its doors for business.
Per Fn News, a potentially groundbreaking cooperation between Dunamu, the operator of market-leading...
New Cryptocurrency Exchanges Launch in India as Businesses Seek Answers From RBI
8.5.2020
The Indian cryptocurrency industry has been growing rapidly despite the nationwide lockdown and the coronavirus crisis. Two new cryptocurrency trading platforms are launching in India while existing crypto businesses seek clarification from the central bank, the Reserve Bank of India (RBI)....
Crypto Exchanges See Bitcoin Reserves Drop by 70% Since Black Thursday’s Market Rout
12.4.2020
Since the market carnage on March 12 otherwise known as Black Thursday, the exchange Bitmex has seen 36% of the trading platform’s bitcoin reserves withdrawn. A few other well-known crypto exchanges have seen cold wallets drained, while other trading platforms have witnessed reserve...
Turkey to Inspect Cryptocurrency Exchanges as Part of Government Offensive Against Online Gambling
2.3.2020
Turkish authorities will soon be going after crypto exchanges operating in the country, local media reported. Although the trading platforms are not the prime target of a new push to increase budget receipts, they will be placed under close examination. The news comes as a military escalation with...
Binance Unveils Binance Cloud To Aid Crypto Trading Platforms
18.2.2020
Taking pride in being the world’s biggest cryptocurrency exchange in terms of trading volume, Binance has announced the news about the launch of its highly anticipated project Binance Cloud through an official Twitter post on February 18, 2020. The newly launched platform will aid the users...
Tax Rules Hit Brazilian Crypto Exchanges, Forcing Trading Platforms Acesso Bitcoin and Latoex Out of Business
15.2.2020
Tax regulations implemented even before dedicated legislation has been adopted have hit Brazilian cryptocurrency exchanges. Digital asset brokers failing to comply with the new reporting requirements face fines and the stricter rules are hurting smaller platforms, which are shutting down due...
How To Buy Bitcoin and Other Cryptocurrencies Using Paypal
4.2.2020
These days there are myriad ways people can purchase cryptocurrencies, and the payment platform Paypal is a popular choice. Multiple crypto brokerage services and exchanges allow people to buy digital currencies with the payment option. The following post is a simple guide and list of exchanges...
International Crypto Exchange Liquid Develops Perpetual BTC Contracts With Up to 100x Leverage
28.1.2020
Leverage allows cryptocurrency traders unsatisfied with market volatility to make stronger plays on smaller movements. Trading platforms offer various ways to use leverage in order to capture this segment. The latest example is Liquid, an exchange that developed perpetual BTC contracts with up...
Eastern Europe Sees More Fiat Options for Trading Crypto
12.1.2020
The countries of Central and Eastern Europe, a diverse region sometimes referred to as the ‘Second World,’ are at different stages of their economic development and political integration with the EU or other supranational organizations. Having less established traditional sectors...
Hacker Group Lazarus Uses Fake Exchanges, Telegram Groups in Latest Malware Attacks
11.1.2020
A new report shows that North Korea-linked Lazarus Group has adapted and evolved new techniques since initial attacks, and are using phony trading platforms linking to Telegram channels which distribute malware, as well as making their malware more stealthy by “adding an authentication...
Uzbekistan Bans Citizens From Buying Crypto, They Can Only Sell
24.12.2019
Authorities in Uzbekistan have effectively banned residents from purchasing cryptocurrencies on digital asset exchanges licensed in the country. Crypto holders will only be able to sell their coins and that’s if these have not been obtained through anonymous transactions, amendments to...
Cyprus SEC Flags 3 Trading Platforms That Look Suspiciously Similar
23.12.2019
Cyprus’ SEC issues a warning against almost 200 unregistered investment platforms, three of which look almost identical and falsely declared ties to regulated firm BDSwiss
Chinese Regulators Question 8 Crypto Companies in Shenzhen
20.12.2019
Authorities in Shenzhen have started pressuring crypto businesses operating in China’s tech capital. Eight companies, two suspected operators of trading platforms, and six entities allegedly associated with coin offerings, have been placed under inquiry, Chinese media revealed, with...