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Coinbase-Backed Bitso Raises $62M to Expand Crypto Footprint in Brazil
9.12.2020
Latin American crypto exchange Bitso has raised a whopping $62 million funding round, the largest in the region for a digital asset firm
Claims process begins for creditors of liquidated crypto exchange Cryptopia
9.12.2020
A claims process for Cryptopia creditors has started following a 2019 hack
Another Asian Crypto Exchange Suspends Withdrawals as China Detains One of Its Founders
9.12.2020
Chinese authorities are launching a national crackdown against fraudulent SIM card and bank account schemes. The latest detained under this operation is one of the founders of a Hong Kong-based cryptocurrency exchange CEO Global (ceobi). Crypto Exchange Founder Taken Into Custody by Chinese Police...
Crypto Exchange Comparison from Cryptowisser: Gemini vs Kraken
8.12.2020
The text below is an advertorial article that was not written by Cryptonews.com journalists.
The dynamism of the cryptocurrency industry has allowed it to grow at a rapid pace, leading to the creation of thousands of cryptocurrencies. But which are the best digital coins to invest in?...
France Sentences BTC-e Crypto Exchange’s Operator to 5 Years in Prison for Money Laundering
8.12.2020
Russian crypto exchange BTC-e’s operator Alexander Vinnik has now been sentenced to five years in prison by a French court and fined 100,000 euros. He was arrested over three years ago in Greece, extradited to France, and is wanted in the U.S. and Russia. Vinnik Sentenced After 3+ Years...
South Korean Authorities Formally File Fraud Charges Against Coinbit’s Executives
8.12.2020
In South Korea, authorities have formally pressed fraud charges against the chairman of a major crypto exchange in the country, Coinbit, plus two unnamed executives of the firm. They are suspected of price manipulation. Coinbit’s Executives Formally Charged by South Korean Authorities...
Crypto Exchange Bittrex Lists Tokenized Apple, Amazon, Tesla Stocks for Trading
7.12.2020
Bittrex's tokenized shares can be bought in fractions, rather than whole shares
Hong Kong Crypto Exchange Founder Taken Amid China’s Crackdown on Fraudulent Bank Accounts
5.12.2020
The platform will close all its over-the-counter (OTC) trading services because of the risks related to uncertainties from China’s regulatory policies/
Central Bank of Nigeria Governor Decries the Use of Parallel Exchange Rate as Citizens Switch to Crypto
4.12.2020
The governor of the Central Bank of Nigeria (CBN) Godwin Emefiele says the embrace of the parallel market exchange rate by some professionals in that country is unfair and unfortunate. The CBN governor says the parallel foreign exchange market only accounts for a share of the market that does...
Australian Crypto Exchange Exposes Personal Data of 270K Users
2.12.2020
BTC Markets, one of Australia's biggest cryptocurrency exchanges, has accidentally exposed users' data, raising the risk of phishing attacks
Coinbase Says It Brokered Microstrategy’s Influential $425 Million Bitcoin Buy
2.12.2020
U.S. crypto exchange Coinbase said Tuesday that it brokered Microstrategy’s $425 million bitcoin purchase earlier this year. Until now, it has not been clear who facilitated the deal. Microstrategy’s first bitcoin (BTC) haul of $250 million bought in August was executed over five days...
Russia’s Biggest Bank Sberbank Unveils Crypto Plans to Follow Upcoming Regulation
2.12.2020
The largest bank in Russia, the state-owned Sberbank, has reportedly unveiled its crypto plans as the country is set to begin regulating the industry in January. Sberbank’s CEO says the bank may issue its own cryptocurrency in collaboration with JPMorgan. Sberbank’s Crypto Plans...
Bitstamp, Korbit Crypto Exchange Buyer Nexon Sells Blockchain R&D Arm
1.12.2020
South Korean gaming giant Nexon, the buyer of the Bitstamp and Korbit crypto exchanges, has reportedly sold one of its most important blockchain subsidiaries – with some experts claiming the move may point to a shift in focus for the gaming firm and its owner Kim Jong-ju, as he moves away from...
Guggenheim Investment Fund to Invest $497 Million in Grayscale’s GBTC Seeking Bitcoin Exposure
30.11.2020
Guggenheim’s billion-dollar Marco Opportunities Fund (MOF) may seek indirect exposure to BTC through the investment of 10% of its net asset value into Grayscale’s BTC Trust (GBTC). The investment (when complete) means MOF will have committed as much as $497 million into the GBTC. In...
Huobi-Branded Crypto Exchange Launches for Malaysian Market
27.11.2020
Huobi Labuan said it's been licensed in Malaysia for a nine-month trial period of cryptocurrency spot and derivatives trading services
Huobi launches regulated crypto exchange in Malaysia
27.11.2020
The new entity is called Huobi Labuan, and its brokerage license allows it to offer crypto spot and derivatives trading for an initial nine-month trial period
Crypto Exchange Upbit Brings in Withdrawal Delay in Bid to Tackle Fraudsters
27.11.2020
The South Korea-based exchange has announced a 24-hour cryptocurrency withdrawal delay in an effort to protect user accounts from malicious attacks
Mike Novogratz: Everyone Should Put 2% to 3% of Their Net Worth in Bitcoin
26.11.2020
Bitcoin bull and Galaxy Digital CEO, Mike Novogratz, says bitcoin is for everyone. He argues that those committing 2% to 3% of their net worth to this digital asset today will see substantial gains in five years. Novogratz adds that while bitcoin remains a volatile asset he does not expect...
Despite New Incentives to Stay, Some of OKEx’s Chinese Users Are Determined to Leave
25.11.2020
Some OKEx's users in China are determined to leave the exchange despite new incentives designed to keep them
OKEx to Resume Withdrawals Before Nov. 27, Offers New Compensation Programs
24.11.2020
OKEx will compensate those users who have been frustrated by its suspension on withdrawal service