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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
Bithumb crypto exchange temporarily closes some offices due to COVID-19
23.11.2020
Bithumb’s offline support center in Gangnam is closing down due to COVID-19
How to choose a crypto exchange in UK?
22.11.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
When choosing the crypto exchange to trade cryptocurrencies, you should pay attention to such indicators as platform reliability, availability of trading instruments and liquidity. The greater the trading volume...
Hacked Crypto Exchange KuCoin Resumes Deposit, Withdrawal Services for All Tokens
22.11.2020
The digital asset exchange that was hacked to the tune of $281 million in September said it's restored the deposit and withdrawal services of all tokens
In Argentina, a Politician Wants to Build a State-backed Crypto Exchange
21.11.2020
A local government politician in Argentina has tabled a measure that – if passed – could see a province in the country launch a crypto trading platform.
The measure is the brainchild of Roque Gervasoni, a provincial deputy (council member) of the northern Misiones province, who has created a bill...
Dutch Crypto Exchange Adds Extra Verification Measures Citing ‘Disproportionate’ Central Bank Requirements
18.11.2020
The exchange said it must now ask users for extra information such as the purpose of bitcoin purchases
Crypto Exchange Liquid Says User Data Possibly Exposed in Security Breach
18.11.2020
The exchange said customer funds are safe
Akoin Cryptocurrency Launches in Kenya as Pilot for $6 Billion Akon City
14.11.2020
The akoin cryptocurrency, created by famous singer and philanthropist Akon, has started trading on a global crypto exchange. It is also being launched as a means of payment in a tech city in Kenya as a pilot for Akon City, the $6 billion futuristic city that is being built in Senegal. Akoin Crypto...
Belarus’ largest bank reportedly launches crypto exchange service
13.11.2020
Another bank is reportedly moving into crypto amid a major bull run in crypto markets
State-owned Belarusbank Launches Crypto Exchange Amid Sanctions Against Lukashenko
13.11.2020
Sanctions aim to support anti-government protesters in Belarus who have been met with violence from security forces. Source: Twitter/@franakviacorka
The biggest bank in Belarus, the state-owned Belarusbank, has announced plans to co-launch a “legal” crypto exchange service that will allow customers...
BitMEX crypto exchange steps up AML and trade surveillance measures
12.11.2020
New technology will help screen out bad actors, BitMEX says