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Coinbase Patents AI Compliance System to Monitor and Flag Accounts


Popular U.S. cryptocurrency exchange Coinbase received a patent November 19, for an AI-driven compliance system which would monitor customer accounts, flagging those deemed non-compliant and recategorizing them for corrective action. Described as a “compliance determination and enforcement...

Is Plustoken to Blame for Bitcoin’s Sell-Off?


Armchair theorists love postulating the reasons behind bitcoin’s latest price rise or sell-off. From China FUD to exchange hacks, anything and everything is fair game for blame. Plustoken is the latest bitcoin bear-maker that’s being credited with the last three months of downward price...

Police Hit CEO of ‘Top 3’ South Korean Exchange with Assault Wrap


South Korean cryptocurrency exchanges are enduring a torrid week – with the CEO of what media outlets are calling a “top-three” crypto trading platform facing assault and extortion charges. Per Maeil Kyungjae, police in Gangnam, Seoul, have charged the unnamed exchange’s CEO, who for legal reasons...

Bitfinex and Tether Receive Another Class Action Lawsuit in US Courts


The operators of the cryptocurrency exchange Bitfinex and the stablecoin Tether have notified users that they were hit with another class action lawsuit in U.S. courts over market manipulation allegations that the companies are trying to frame as mercenary and baseless. Also Read: Bitfinex Claims...

European Crypto Exchange Bitbay Ends Monero Trading due to Anonymity Features


Authorities around the world are trying to stamp out online anonymity in various ways, sacrificing users’ privacy for alleged security. One of these ways is forcing digital asset exchanges to drop support for some cryptos, as European venue Bitbay is now the latest to do with monero. Also...

Coinbase to Participate in Amazon’s AWS re:Invent 2019


Coinbase has announced that it will be a major participator in the prestigious AWS re:Invent 2019 event in Las Vegas. The annual event is a major global conglomeration of the technical experts and Technical decision-makers from the cloud computing world. The 5-day event is organized by AWS (Amazon...

Giant Indonesian Market Gets 'First' Regulated Local Crypto Exchange


Source: iStock/Bicho_raro An Indonesian cryptocurrency exchange platform named Tokocrypto says it has become the first platform to officially register with the country’s financial regulator, the Commodity Futures Trading Regulatory Agency (known locally as Bappebti). Recently introduced legislation...

WazirX Lists BNB on the Platform as Part of its Rapid Listing


India’s largest crypto exchange, WazirX has announced the listing of Binance Coin (BNB), on the platform, as part of its Rapid Listing Initiative. While the announcement has been a long-awaited one, the development is plausible nonetheless, as the exchange has managed to survive the hostile...

Torex Launches Torex Initial Exchange Offering (IEO) on ProBit Exchange


Torex has announced its extended trading features policy on November 28, 2019. The main attraction of this policy is the Torex IEO (Initial Exchange Offering), which has been launched on ProBit Exchange. The other important features include Arbitrage Tool, Price Checker, Price Notification, HODL...

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