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Small Exchanges Start Suspending XRP Trading Following the SEC Lawsuit


Source: iStock/isa_ozdere ow the fourth-largest cryptoasset by market capitalization, XRP, has started getting suspended by small exchanges following a lawsuit filed by the US Securities and Exchange Commission (SEC) against major US-based blockchain company Ripple. Some small exchanges have...

UK Crypto Exchange Exmo Hacked, Estimates Presume Platform Lost $10.5 Million


U.K.-based cryptocurrency exchange Exmo detailed on December 21, 2020, the firm had “detected suspicious withdrawal activity” and halted withdrawals. Exmo said a security audit report revealed “large withdrawals” of bitcoin and five other cryptocurrencies. Analysts estimate...

American Express’ Venture Arm Invests in a Cryptocurrency Trading Platform


American Express says its venture arm, Amex Ventures has invested in Falconx the cryptocurrency trading platform that focuses on serving institutional trading clients. Amex’s investment, which was announced during a record-breaking week for bitcoin, underscores the credit card issuer’s...

Hong Kong Grants First License to Cryptocurrency Trading Platform


Hong Kong now has its first regulated cryptocurrency trading platform. The Securities and Futures Commission has just given out the first-ever crypto license to OSL Digital Securities which will soon commence trading for several cryptocurrencies, including bitcoin. Hong Kong Gives Out First Crypto...

Bitcoin Fund Debuts on Canada’s Biggest Stock Exchange


CI Global Asset Management has begun to trade on the Toronto Stock Exchange in Canada. The fund’s initial public offering managed to raise $72 million and units commenced trading in both U.S. dollars and Canadian dollars. CI Global Fund Begins Trading CI Global Asset Management has made...

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