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South Korean Exchange CEO Sentenced to 16 Years in Prison


A South Korean district court has sentenced executives of a local crypto exchange to prison. The CEO of the exchange got a 16-year jail sentence while other executives and their accomplices got between six and 11 years. They duped thousands of investors, promising them up to 200% return within...

CoinMarketCap is Providing Exchanges Data to Crypto Investors on Liquidity


Leading crypto data site CoinMarketCap has introduced a new metric to get crypto liquidity data after comparing the exchanges and token pairs. On November 12, 2019, the Capital announced the news in an Inaugural Conference of CoinMarketCap in Singapore. Now, the metric tool is available on...

How Crypto Winters of Bitcoin’s Past Compare to Today


Cryptocurrency and bitcoin proponents have been patiently waiting to see if crypto winter is returning as the recent price decline has shaken investors. Digital assets have been meandering aimlessly over the last week and in order to gain some perspective, it’s always good to study the last...

DX.Exchange 'Temporarily Closed' Amid Talks With Asian Investors


DX.Exchange, an Estonia-based crypto exchange, known for its plans to offer digital tokens based on shares of Nasdaq-listed companies, is now in merger or sale talks with undisclosed Japanese and Chinese investors, a source close to the situation told Cryptonews.com. The exchange, which is owned...

After Breaking New Records Bakkt Announces Crypto Consumer App


Following the all-time record of 1,179 contracts on October 25, Mike Blandina, Bakkt’s chief product officer, revealed the firm is launching another strategy after announcing its December options launch. Bakkt is releasing a consumer application so retail investors can “unlock the value...

Bakkt Aims to Lure Institutional Investors With a New Product


Crypto trading platform Bakkt announced the launch of the first regulated options contract for Bitcoin futures. Bakkt, the U.S.-based physically-settled Bitcoin futures trading platform, was finally launched a month ago, after a long time and many high expectations. Now, according to their...

Belarusian Bank Gets the Go-Ahead to Service Crypto Investors


A bank in Belarus has effectively gotten the green light to process transfers related to digital assets. DFS, an affiliated company of Belveb Banking Holding’s member VEB Technologies, was recently registered as a resident of the High Technologies Park. The country’s special economic...

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