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Enhanced KYC checks can be a win-win for crypto exchanges and consumers — here's why
20.9.2022
Adopting more stringent Know Your Customer (KYC) checks can give crypto exchanges a competitive edge over those that meet minimal standards
Can Unlimited Fiat and Governments Suppress Bitcoin’s Price? 2 Analysts Discuss the Theory and Odds
19.9.2022
The price of bitcoin has dropped 72.9% in USD value since the crypto asset’s all-time high ten months ago and recently, bitcoin’s been trading for just under $19K per unit. This week two prominent crypto market influencers have been discussing how governments could suppress bitcoin...
Ethereum-Based ‘Cryptoruble’ Token Under Development in Russia
18.9.2022
Developers are working on a “cryptoruble” that, as they say, can improve Russians’ access to global exchanges and be used for cross-border payments. Defi platform Indefibank, which is behind the project, says the token will be pegged to the national fiat but independent from...
Grayscale Declares Distribution of Rights to Ethereum Proof-of-Work Tokens With SEC
17.9.2022
A Securities and Exchange Commission filing filed on September 16 shows that the company Grayscale Investments has declared “distribution of rights to Ethereum Proof of Work Tokens.” The newly launched ETHW blockchain went live on September 15 and roughly 50-60 terahash per second...
Proof-of-Work Proponents Question Validator Censorship as 59% of Staked Ethereum Is Held by 4 Companies
16.9.2022
Prior to The Merge, Ethereum used to have dozens upon dozens of mining pools dedicating hashrate toward the blockchain network. That has all changed and most of the miners transitioned or plan on transitioning to other Ethash compatible coins like ethereum classic, ERGO, and the new fork ETHW....
FTX, Bybit among the first exchanges to launch spot ETHW trading
15.9.2022
Bybit officially announced that it launched ETHW trading against the USDT stablecoin, planning to soon open ETHW deposits and withdrawals
Binance Grows Fast in India as Home Market Exchanges Forced to Implement 1% Tax
15.9.2022
India’s 1% tax on crypto transactions is causing the country’s crypto traders to flee local crypto exchanges, but some major players are benefiting from this trend. For Binance, the controversial levy has generated additional 429,000 downloads of the exchange’s app last August, its highest result...
Binance Sees Record Increase in Indian Users After Government Starts Imposing New Crypto Tax
15.9.2022
The number of Indian users on cryptocurrency exchange Binance has soared after the Indian government began levying taxes on crypto transactions. Meanwhile, daily trading volumes at some major India-based cryptocurrency exchanges are down over 90% since the new tax rules took effect. Binance Sees...
Want to keep exchanges like Celsius from seizing your money? Be a 'custody client'
14.9.2022
Are your coins at risk of being seized by an exchange in the future? Here are some factors to consider related to using centralized exchanges
Wall Street mainstays setting up digital assets exchange with on-chain settlement
13.9.2022
Some of the biggest names in finance are joining together to create the EDXM exchange, citing a pent-up demand for crypto assets and the need for compliance and security
Win $150,000 USDT With CoinFloww Beta Launch
13.9.2022
PRESS RELEASE. Digital asset trading has long suffered due to high crypto exchange transaction fees, regulatory hurdles by regulators, and stringent crypto exchange rules. Then came CoinFloww, the most advanced digital asset exchange. Based on the world-class digital asset exchange technology...
Bitcoin price falls under $21K as traders send 84K BTC to exchanges
13.9.2022
Volatility claims many a late long position with BTC price action failing to preserve support from recent days
Indian Authorities Unfreeze Wazirx’s Bank Accounts, the Crypto Exchange Says
13.9.2022
India’s Enforcement Directorate (ED) has unfrozen the bank accounts of cryptocurrency exchange Wazirx, the company said. The accounts were frozen as part of the federal agency’s investigation into 16 fintech companies and instant loan apps. Wazirx Says Its Bank Accounts Are...
Exchanges criticized for 'nothingburger PR' posts on upcoming LUNC tax burn
12.9.2022
KuCoin, Gate.io and MEXC Global were in the crosshairs of community members as they expressed their support for the upcoming on-chain LUNC transaction burn
How does high-frequency trading work on decentralized exchanges?
10.9.2022
High-frequency trading allows cryptocurrency traders to take advantage of market opportunities that are usually unavailable to regular traders
Canadian Crypto Exchange Sues Users for Return of Bitcoin Misappropriated During Software Glitch
10.9.2022
Canadian crypto exchange Coinberry, part of Kevin O’Leary’s Wonderfi, has sued 50 customers for the return of the bitcoin they obtained without paying during a software glitch. “Coinberry contacted all of the said 546 affected registered users by email and demanded the return...
Bitcoin Derivatives Exchanges Rise on Multiple Future Platforms
8.9.2022
The latest report assessing the Derivative Exchanges of Bitcoin has been released recently. The analysis shows that September has witnessed an increase in the supply of BTC on future exchanges. The surge initiated at the start of the month, activating the opportunity for short and long liquidity...
Bitcoin whales send BTC to futures exchanges in 'classic' bottom signal
8.9.2022
Avoiding fallout from positions "putting in a local bottom" has been standard practice for prior BTC price bottoms, one analyst shows
Investor Sues Korean Crypto Exchange for Delaying Coin Transfer Before Luna Crash
8.9.2022
A cryptocurrency investor has reportedly sued South Korean crypto exchange Upbit after the trading platform delayed processing his luna coin transfer prior to its crash. The Korean crypto exchange is investigating the details of the lawsuit. Upbit Sued by Crypto Investor Dunamu Inc., the company...
Mt. Gox creditors fail to set repayment date, but markets to remain unaffected
7.9.2022
While a Bitcoin price dip may not be on the cards anytime soon, intriguing new details regarding the Mt. Gox saga have continued to emerge over the past week