U.S government agency, CFTC or the Commodity Futures Trading Commission, today charged 20 entities, among which some were crypto traders and exchanges, for making false claims of having CFTC registration and National Futures Association (NFA) membership. These are mandatory registrations that allow exchanges to offer services related to trading in digital assets, derivatives, and forex...Read More
Bitcoin is often touted as one of the safest ways to conduct business online. That’s mostly true since the cryptocurrency is built on a decentralized network with public access to transaction records. But the same can’t be said for all the places you buy and sell Bitcoin, in fact, quite some cryptocurrency exchanges have fallen...Read More
CoinMarketCap, one of the central crypto price listing websites, has been used as a vehicle to present newly arrived exchanges. Usually, those new markets show up with immense volumes, rising to the top while aiming to become industry names. LAToken’s Crypto Volumes Once Again in Spotlight LAToken, one of those exchanges, has caught attention for...Read More
Following the BitMEX Insurance Fund’s continued growth throughout the year, data provider, CryptoQuant, took a deeper look at the derivatives specialist’s on-chain data. Insurance Fund Now Holds 0.18% Of All Bitcoin Over the past 12 months the BitMEX Insurance Fund grew to almost 33.5k BTC, representing a 62% increase from the 20.77k BTC it held...Read More
Cryptocurrency exchange, Binance, has announced a Christmas ‘Give Away’ of a Tesla Cybertruck and $50k of TROY tokens. Of course, ‘Give Away’ might be a slightly misleading description, as receiving the truck will require a shed-load of TROY trading (and trading fee spending) on Binance. Binance Give Away: Terms And Conditions Apply Binance announced its Christmas...Read More
The Cyprus Securities and Exchange Commission (CySEC) has blacklisted four FX brands, for unauthorised trading of FX and crypto. According to reports, the brands misleadingly claimed affiliation with Bdswiss Holding, which is licensed and regulated in the country. CySEC Clamps Down On Unauthorised Brokers The latest entities to be added to CySEC’s caution list are Nervic Fx...Read More
Coinfloor, the oldest crypto exchange of the United Kingdom, decided to go back to being the “Only Bitcoin” Exchange. The UK’s crypto exchange will delist other cryptos on the exchange from January 2020. At present, Coinfloor supports Ethereum, Ethereum Classic, Bitcoin Cash. However, only Bitcoin will be supported by its 11th Anniversary on this exchange. ...Read More
Richard Sanders, a lead investigator at CipherBlade, claims that HitBTC is the “longest-running and potentially largest scale criminally fraudulent entity” in the crypto space. HitBTC Might Be Insolvent, Sanders Says While HitBTC markets itself as one of the leading crypto exchanges out there, Sanders alleges that the firm is insolvent. In a recent Medium post,...Read More
The Tokyo-based crypto exchange, Coincheck, announced that it is terminating its leveraged trading service, in a blog post this morning. Settlement and Transfer Deadlines The planned end date for leveraged crypto trading is 12:00 on Friday, March 13, 2020, by which deadline all open positions should be settled. Customers will then have until the end...Read More
One of the biggest mysteries in the Bitcoin world, aside from the real identity of Satoshi Nakamoto, is how much of it is being bought and sold on exchanges each day. As pointed out in a tweet from Messari founder, Ryan Selkis, the answer very much depends on who you ask. Bitcoin Volumes – Compare...Read More
Bitcoin and crypto derivatives behemoth BitMEX is being sued for $300 million for providing false equity information to a couple of early investors. According to recent reports, BitMEX is in hot soup, and so is the exchange’s founder, Arthur Hayes. The bitcoin futures company and its founder are facing a $300 million lawsuit, which accuses...Read More
Bakkt picked a tough day to begin securing assets, but it’s still been on bitcoin’s highlight reel in 2019. | Source: Shutterstock Bakkt has been hailed as the leading catalyst for the bitcoin market this year, while visions of institutional capital danced in the crypto community’s collective heads. Today the bitcoin futures exchange made one giant...Read More
Today, with the fast growth of Cryptocurrency industry, Crypto players around the world are now looking for the right combination of safety and functionality in wallet platforms. In the same way, we bring you the BitGo platform which provides the professional services and meet the interest of people in the Cryptocurrency space. So, let’s start...Read More
The Hurricane Dorian relief effort has teamed up with an unlikely ally in the Bahamas: Bitcoin, along with a helping hand from Coinbase. | Source: Wikimedia Commons (i), AP Photo / Gillian Flaccus (ii). Image Edited by CCN. The Hurricane Dorian relief effort has teamed up with an unlikely ally to help the Bahamas recover...Read More
BitMEX accuses Binance of plagiarism, but it’s not long before the two bitcoin exchange giants kiss and make up on Crypto Twitter. | Source: Reuters (i), Distributed/YouTube (ii). Image Edited by CCN. Binance and BitMEX shared a social media bro hug after the latter publicly accused its fellow cryptocurrency exchange of plagiarizing documentation featured in...Read More
Tokyo-based crypto exchange platform Coincheck has halted all new margin trading orders until the end of October 2019. Cryptocurrency Margin Trading Capped at 4X In a statement issued on its website at the end of August 2019, the Japanese crypto trading platform announced the suspension of new margin trading orders. Also, the exchange said upon...Read More
The crypto community spotted some massive funds movement from OKEx and got scared that the cryptocurrency exchange was hacked. However, CEO Jay Hao called for calm. Hundreds of Millions in BTC Move From OKEx On Wednesday, Twitter user Whale Alert sounded the alarm, saying that at least 24,000 BTC moved from OKEx to unknown wallets....Read More
Altcoins will return to prominence as Bitcoin market cap share is bound to decrease, cryptocurrency exchange Binance has stated. Binance: Bitcoin Dominance ‘Sticking Around’ In its latest bulletin which went live on September 4, Binance Research, the exchange’s analytics arm, repeated claims made in July that Bitcoin’s current market dominance would not last indefinitely. Officials...Read More
BitMEX has released pretty damning evidence on Twitter today that Binance has plagiarised a vast majority of its bitcoin futures documentation. Binance Caught Red Handed BitMEX highlighted the similarity between the documentation for Binance’s Bitcoin Futures platform (currently in testing), and its own, on Twitter. “Congrats on the Testnet Futures launches Binance,” read the tongue-in-cheek message....Read More
Interest in cryptocurrencies like bitcoin tumbled 13.9% in Japan in the latest quarter, according to Japan’s financial regulator, the FSA. | Source: Shutterstock Interest in cryptocurrencies like bitcoin tumbled 13.9% in Japan, according to the country’s financial regulator. In data posted Sept. 3, the Financial Services Agency (FSA) says the volume of crypto-related inquiries fell...Read More
Bitcoin price trajectory is heading back to $20,000, BitMEX CEO Arthur Hayes has said as he returns to the spotlight after a month-long absence. Hayes Emerges For Conference In a tweet on September 3, Hayes, who at the start of August said he was abandoning public life, will attend the Invest Asia conference in Singapore...Read More
Crypto exchange platform operator Bitfinex just added two derivative products with the tickers BTCF0/USDt0 and ETHF0/USDt0. The derivatives went live after Bitfinex implemented a system upgrade. The “Perpetual Contracts” Come with Up to 100x Leverage Bitfinex’s so-called perpetual contracts have been in development since at least several months. According to a whitepaper published in May,...Read More
‘No news is good news’, or so they say. But the continued lack of communication from BitMEX, or its illustrious commander-in-chief, Arthur Hayes, may be cause for concern. Especially considering the things that we do know are happening with the company, and Hayes’ previous level of social media interaction. Have You Seen this Bitmex CEO?...Read More
Turkey’s biggest bitcoin exchange is now the official shirt sponsor of Yeni Malatyaspor, a club playing in the country’s first division. | Source: Yeni Malatyaspor By CCN Markets: Bitcoin and other blockchain networks continue to make headwinds in the sporting arena thanks to the latest partnership between Bitcoin exchange BtcTurk and first-division football club Yeni...Read More
Cryptocurrency exchange Binance is planning to pay users to decide how its new Bitcoin futures trading platform should operate. Binance: Two Platforms, 100,000 BNB In a blog post issued on September 2, the exchange said it had created two standalone versions of a futures trading platform, and would select the final option via a user...Read More
In today’s review, we will be looking at some of the features provided by Digital Surge and determine for what kind of users is this exchange compatible. About Digital Surge Digital Surge is an Australian exchange which enables native users to buy and sell bitcoin through a safe and easy trading platform. The Brisbane-based exchange...Read More
Court proceedings against defunct Canadian Bitcoin exchange QuadrigaCX will focus on people in Ontario, say liquidators. EY: ‘Few Ties’ Keep Bitcoin Case In Nova Scotia In a court document filed this week, Ernst & Young (EY), the accounting giant acting as the exchange’s bankruptcy trustee, petitioned for a relocation of their case. Currently taking place...Read More
South Korea is home to a great number of reputable cryptocurrency exchanges. In spite of the current impediments generated by the government and banks, Korea is still one of the countries that have a developed cryptocurrency exchange market. In today’s article, we will be looking at some of the best crypto exchanges for South Korean...Read More
Cryptocurrency derivatives giant BitMEX now controls 0.15% of all the bitcoins in circulation, new data from the company reveals. BitMEX Expands Fund By 50% Since January Compiled by industry media outlet The Block, a chart of BitMEX’s Insurance Fund shows its stock has reached 31,300 BTC as of August 25. That figure is the largest...Read More
Grant Thornton, the liquidators of hacked New Zealand Bitcoin exchange Cryptopia, have released an update on the progress made thus far. Cryptopia Used Co-mingled Crypto Wallets According to a statement released on its website on Wednesday (August 21, 2019), Cryptopia didn’t use individual crypto wallets. Instead, the Bitcoin exchange platform pooled customer funds into co-mingled...Read More
