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PR: Cross Exchange Launches IEO


CROSS is a project aiming to develop an exchange platform that trades various digital assets globally including CROSS exchange for the coming digital asset and digital money society. The value of CROSS (XCR) is to “provide a platform for exchanging all kinds of digital assets.” The post PR: Cross...

Crypto Exchange: Taiwan to Become Libra’s Chinese-language Capital


Formosa Boulevard, a station of Kaohsiung MRT located in Sinsing District, Kaohsiung, Taiwan. A Taiwanese cryptocurrency exchange wants to join Facebook’s Libra Association – and believes that Taiwan will become Libra’s de facto center of gravity in Chinese-speaking countries. Per a report from...

Good News and Bad for Blockchain and Crypto in South Korea


There were mixed fortunes for cryptocurrency and blockchain enterprises in South Korea yesterday – with Kakao’s Ground X blockchain arm winning a second major banking partner, while government authorities yet again delayed making a key cryptocurrency ruling. Woori, a financial firm that comprises...

Market Update: Prices Drop as Crypto Sentiment Enters the Fear Zone


Cryptocurrency markets fell hard on August 21 following the $700 price drop bitcoin core (BTC) saw during the early morning trading sessions. Most digital assets have lost 2-8% in value as the overall market valuation of all 2,000+ coins has plunged to $263 billion. Crypto price movements have been...

Binance CEO Expresses Admiration for Vitalik Buterin and Ethereum


Despite being a very beneficial and efficient blockchain network, a few qualities of the Ethereum blockchain network affects it in the wrong way. For instance, the increased cost of transactions limits its mass adoptions. This view was shared recently by Vitalik Buterin, the creator of the project....

CoinFlex Bags $10m Crypto Funding, Investors Look Up to Bright Future


CoinFlex, world’s first practically implemented crypto futures exchange bags over $10 million USD in funding this year. Incorporated in Seychelles, CoinFLEX endeavors to address the issues with cash-settled crypto futures contracts along with enabling ways to hedge crypto exposure an index...

'Untrusted' Crypto Exchanges Increased Their Market Share in 2019


Even though top-ranked exchanges have increased their market share in July, lower-ranked, 'untrusted' exchanges have increased their dominance this year even further, according to CryptoCompare, a provider of the crypto market data. Based on CryptoCompare’s Exchange Benchmark grading, those...

Indian Supreme Court Orders RBI to Answer Crypto Exchanges, New Date Set


After hearing the arguments against the banking restriction by the Reserve Bank of India (RBI) in detail, the Indian supreme court directed the central bank to reply to the representations filed by crypto exchanges. Since the RBI has not adequately answered them, the court set a new date to resume...

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