Exchanges

Gemini Adds Cybersecurity Veteran to Executive Team

The Winklevoss twins are adding some muscle to Gemini’s security team. Announced this morning, David Damato will be joining Gemini as the Chief Security Officer. Damato joins Gemini from Tanium, a top cybersecurity firm, where he held the same position for four years. Damato joins Gemini with over 20 years experience in the field. Speaking...
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Binance’s iOS App Returns to Apple Store

Binance’s iOS app returned to the Apple app store today. The largest cryptocurrency exchange by volume, Binance’s iOS app has returned after a month’s hiatus. A company posting announced the return today following an announcement on Twitter Friday by Binance CEO Changpeng ‘CZ’ Zhao. According to Zhao, listing the exchange’s app was a difficult process:...
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Philippines Increasingly Crypto Friendly

There are many reasons why the Philippines is becoming increasingly crypto-friendly. Not only has its central bank registered more crypto exchanges recently, but the Securities and Exchange Commission has also been actively finalizing crypto guidelines. The country has an active crypto community, and one of its largest banks has engaged in multiple crypto projects. Also...
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Crypto Exchange Binance Announces New Stablecoin Initiative

Cryptocurrency exchange Binance has announced that it’s launching a project that will develop cryptocurrencies and digital assets pegged to fiat currencies around the world. Dubbed Venus, the “localized” stablecoin initiative will see the firm utilize its existing infrastructure, such as its public blockchain, Binance Chain, and international payment system, “to empower developed and developing countries to...
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Malta Crypto Exchange Opened by Coinone to Close Next Month

CGEX, a Malta-based exchange opened by South Korea’s Coinone less than a year ago, is shutting down. The exchange posted an announcement last week saying that all services would be terminated on Sept. 18 at 2:50 UTC. After that date, customers will no longer be able to log in, and deposits and withdrawals will no longer be...
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Japanese Giant Rakuten Officially Launches Cryptocurrency Exchange

Japan’s biggest e-commerce website is officially launching its cryptocurrency exchange. .| Source: Shutterstock By CCN Markets: Rakuten, the largest e-commerce company in Japan which serves well over 1.2 billion individuals globally with its e-commerce and payments services, has officially launched a cryptocurrency exchange. The official statement of Rakuten read: “Rakuten Wallet, Inc., a consolidated subsidiary...
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Philippines Increasingly Crypto Friendly – A Look at Driving Forces

There are many reasons why the Philippines is becoming increasingly crypto-friendly. Not only has its central bank registered more crypto exchanges recently, but the Securities and Exchange Commission has also been actively finalizing crypto guidelines. The country has an active crypto community, and one of its largest banks has engaged in multiple crypto projects. Also...
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KuCoin Exchange to Support The KickCoin (KICK) Token Swap

One of the most advanced and secure cryptocurrency exchanges, KuCoin released an official announcement stating its support towards KickCoin (KICK) Token Swap.  As per the blog post the token swapping will be held on 29th August 2019. As per the KickEcosystem report, there are chances of getting up to 150% bonus KickTokens during the swap....
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Coinbase Reveals Password Glitch Affecting 3,500 Customers

Crypto exchange Coinbase disclosed a potential vulnerability Friday, announcing that a tiny fraction of its customers’ passwords were stored in plain text on an internal server log. However, the information was not improperly accessed by outside parties, the exchange said. In a post-mortem shared with CoinDesk, Coinbase outlined “a password storage issue,” impacting less than...
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NASDAQ, VanEck Launch of Crypto 2.0 Future Contracts

The second-largest stock exchange market NASDAQ is about to experiment with some changes that will probably increase the financial products in the market, and also bring new standards for custody and surveillance in the crypto market. Most recently, the investment management firm VanEck has partnered with NASDAQ in order to launch crypto 2.0 future-type contracts....
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Major Exchanges Lend Support to BCH Hard Fork

Earlier on, Bitcoincash.org reported that exchange giants like Binance and Coinbase had announced support for the Bitcoin ABC proposal although Coinbase stated that “unlike previous BCH hard forks, there is a competitive plan [Bitcoin SV] that is not well-matched with this recognised roadmap. Coinbase will closely observe the hard fork process and work to reduce customer disruption pending when the...
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Hong Kong Blockchain Trade Finance Platform Launched by HSBC, BNP Paribas, StanChart and Others

On Oct 31st 2018, Reuters reported that a dozen banks which include the Agricultural Bank of China, HSBC, Standard Chartered and BNP Paribas (among others), developed a new blockchain trade finance platform which was launched in Hong Kong. Facilitated by the Hong Kong Monetary Authority (HKMA), the platform which was christened eTrade Connect is designed to improve...
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Binance in Uganda: 40,000 Crypto Traders in 7 Days

The findings of a recently published paper by researchers from Stanford University reveal that 74 per cent of Ugandan households do not have bank accounts. Yet Binance Uganda signed up 40,000 users within one week of its launch in October. Cryptocurrency is in high demand in Uganda. Its new unit in Uganda is partnering with a...
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Coinbase Offers More Coins to Help Cryptocurrency Mass Adoption

In an official blog post published today, October 30, one of U.S foremost cryptocurrency exchange and wallet provider, Coinbase, has amassed a staggering $300 million in a new funding spree. The result of this strategy is seen in their post-money valuation- which soared high up to $8 billion. According to reports, an investment firm, Tiger...
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