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Chat App Giant Kakao ‘Owns 23% of Crypto Exchange Operator’
13.4.2021
The South Korean internet giant Kakao reportedly owns “around” 23% of Dunamu, the operator of the nation’s market-leading crypto exchange Upbit, per South Korean media outlets.
Two of the country’s biggest financial newspapers – Maeil Kyungjae and Money Today – made mention of the company’s...
Central Bank of Nigeria Blocks Fintech Startups From Accessing KYC Service— Decision Described as an ‘Attack on All Fintechs’
12.4.2021
The Central Bank of Nigeria (CBN) has recently suspended the provision of the bank validation number (BVN) service to all fintech and third-party partners. The decision means non-banks entities include crypto startups “have lost one of the most comprehensive means of identity verification...
Binance Continues Being World’s Leading Crypto Exchange
9.4.2021
Binance Cryptocurrency Exchange has always been an industry leader, owning the biggest blockchain ecosystem and the Binance Smart Chain (BSC) network. With an average daily trading volume of 1-2 billion, Binance supports 385 cryptocurrencies, including Bitcoin and other altcoins. It offers a wide...
Spanish Travel Compensation Firm Signs Deal With Domestic Exchange to Reimburse Travelers With Cryptos
9.4.2021
Spanish travelers will soon be available to fill out claims for incidents related to airline delays, baggage losses, overbooking, among others, and be compensated with cryptocurrencies. The possibility is now a reality thanks to a partnership between a domestic crypto exchange and an airline...
State Street Collaborates With Pure Digital to Launch Cryptocurrency Trading Platform
8.4.2021
State Street, one of the largest asset management firms, is collaborating with crypto startup Pure Digital to set up a cryptocurrency trading platform. “Pure Digital will be a fully automated, high throughput OTC market for digital assets and cryptocurrencies with physical delivery and bank...
Bitstamp crypto exchange hires former Barclays exec as new COO
8.4.2021
Sameer Dubey is a 10-year veteran of Barclays and former head of operations for N26
South African Crypto Exchange Ceases Operations Less Than a Month After Suspending BTC Withdrawals
7.4.2021
A South African cryptocurrency exchange, Ice3x, announced on April 6, that it will permanently stop operations, less than a month after suspending bitcoin and litecoin withdrawals. Ice3x, which one of the oldest crypto exchange in that country, says it came to this decision after lawyers advised...
XRP Surpassed the $1 Mark After Token Doubled Value in Just Seven Days
7.4.2021
The value of Ripple’s XRP token soared to $1.09 on April 6, 2021, making it the first time the crypto has surged past the $1 mark in nearly three years. The token’s new 52 week high has coincided with an altcoin price rally which has seen the value of some tokens surging to new all-time...
Upbit investor stock price surges three-fold amid bullish crypto trading in South Korea
7.4.2021
A minority investor in a major South Korean crypto exchange is currently the best performing stock in the country
CEO of biggest crypto exchange has ‘close to 100%’ of net worth in crypto
7.4.2021
Binance founder and CEO Changpeng Zhao is placing his bets on crypto
North Korean Hackers Threatened Bithumb Exchange With a $16M Ransom Amid the 2017 Data Breach, Says Report
7.4.2021
A new report commissioned by the U.S. secret services unveiled what happened behind the attack launched by North Korean hackers against a South Korean crypto exchange. The case is about a breach on June 29, 2017, which exposed data tied to over 30,000 customers stemming from Bithumb. Hackers...
India’s largest crypto exchange launches NFT marketplace after 2,000% token surge
6.4.2021
India's WazirX has launched an NFT marketplace for the exchange of digital assets. The launch comes after a strong month for the exchange's in-house WRX token
Bitcoin miner firm Ebang launches Ebonex crypto exchange
5.4.2021
Cryptocurrency miner supplier Ebang has officially launched its own crypto exchange after an invite-only beta phase earlier this year
Users of top Indian crypto exchange report seeing '0' funds during outage
5.4.2021
"The load on our systems are way too much," said CEO Nischal Shetty
Billionaire FOMO: Famed Norwegian Billionaire Investor Capitulates After Seeing Another Embrace Bitcoin
4.4.2021
Norwegian billionaire Øystein Stray Spetalen, who once called bitcoin “nonsense,” has reportedly capitulated and invested in the cryptocurrency after seeing another billionaire in Norway embracing bitcoin. He has also invested in a local crypto exchange. “When the facts...
Binance Abruptly Delists South African Rand Trading Pairs After Currency Fails to Meet ‘High Level Standard’
2.4.2021
In an abrupt move, Binance South Africa announced on March 31 that all South African rand (ZAR) trading pairs will be delisted on April 2. The crypto exchange adds in a statement that “all trade orders will be automatically removed after 10.00 UTC on April 1” in each respective trading...
Indian crypto exchange execs intensify lobbying efforts to prevent ban
29.3.2021
Cryptocurrency exchange operators in India are attempting to dissuade the government from banning digital currencies
Norwegian billionaire ditches skepticism, invests in local crypto exchange
29.3.2021
Norwegian billionaire investor Øystein Stray Spetalen made a 180° reversal in his opinions about cryptocurrency this month and now part-owns domestic crypto exchange MiraiEx
Indonesian Govt To Launch Crypto Exchange to Get a Piece of Crypto Pie
26.3.2021
The Indonesian deputy minister of trade Jerry Sambuaga has announced that his ministry will launch its own crypto exchange in the near future. The initiative will allow the government to capture a share of the country’s booming crypto sector, with last year’s cryptoasset-related trade estimated...
Domestic and Foreign Buyers Acquired a ‘Tokenized’ Apartment in a Spanish City by Paying With Ethereum
26.3.2021
National and foreign buyers acquired a “tokenized” apartment in Spain with ethereum, which involved a domestic crypto exchange and a real estate investment firm. The city of Sevilla was the scenario for the crypto deal between the parties. Transaction Was Worth Over $64,000 According...