Coinone Global Exchange (CGEX), a Malta-based crypto exchange launched by major South Korean exchange Coinone, will terminate its service in mid-September. Less than a year in operation According to an announcement on Aug. 12, the exchange will shut down services at 2:00 a.m. UTC on Sept. 18. CGEX initially launched in October 2018. CGEX placed...Read More
In the mid of July 2019, Bloomberg published a stunning report which indicated that Spanish LEAs are quite concerned regarding the fraudulent use of Bitcoin ATMs. To be very specific, the local forces pointed out an array of glitches in Europe’s AML provisions, which ultimately facilitate the people from the underworld to carry out their...Read More
Gemini, the cryptocurrency exchange and custody founded by the Winklevoss twins, has hired cybersecurity expert David Damato as its new chief security officer (CSO). Damato was previously the CSO of cybersecurity firm Tanium. Tyler Winklevoss announced the new hire in an official blog post on Aug. 19. According to the blog, Damato previously created and...Read More
Spanish banking giant Santander plans to expand Ripple-powered global payment solution to Latin America, a Santander spokesperson told Cointelegraph on Aug. 19. Citing rising transaction volume, Santander wants to expand Ripple’s xCurrent technology to a number of Latin American countries after first introducing the technology in Spain, Brazil, Poland and the United Kingdom in April...Read More
View Bitcoin has risen by $1,000 since Friday’s announcement by Bakkt exchange that it will be launching physically-settled bitcoin futures on Sept. 23. The price rise has neutralized the bearish setup on the intraday charts seen last week. The gains could be extended further to $11,000, as the hourly chart is reporting a bullish continuation...Read More
Despite numerous analysts and crypto worshippers predicting that Bitcoin will surpass the $13,000 mark, the king coin has continued to trade around the $10,000 mark and here are some reasons why. Ponzi Scheme Theory According to Primitive Crypto founding partner Dovey Wan, the Ponzi scheme is responsible for crashing the crypto industry. On JUly 14...Read More
The Takeaway: Telegram’s long-awaited blockchain, Telegram Open Network, is said to be scheduled to launch Oct. 31, but the yet-to-be-issued gram tokens are already trading in an unauthorized secondary market. Telegram has yet to publicly or formally acknowledge the project, but investors in last year’s $1.7 billion token offering, widely publicized in the press, are...Read More
Binance is launching ‘Venus’ — a cryptocurrency project that it says will be more independent and regionally-focused that its Facebook counterpart. Cryptocurrency exchange Binance has revealed it’s planning to launch a cryptocurrency project dubbed “Venus.” The exchange defines Venus an “independent regional version of Libra,” according to an announcement published Monday. The exchange also calls...Read More
Last Week Today – Bitcoin and Cryptocurrency Weekly Digest August 10-17 Bakkt receives all regulatory approvals, set for September launch China’s central bank set to launch state-backed cryptocurrency IRS sends a second letter of warning to cryptocurrency traders Litecoin network suffers dusting attack from Russian mining pool Bakkt at long last. How will it affect...Read More
Earlier this month, Poloniex had maintenance issue as well Every month of 2019, except for April the exchange went into maintenance mode, at times twice a month Several maintenance issues involved belong to different crypto asset’s wallets Cryptocurrency exchange Poloniex went into maintenance mode, unannounced on August 18th. “The site has been placed into maintenance...Read More
Sunday, Aug. 18 — Crypto markets are seeing a strong surge of green, with altcoins posting the strongest gains and Bitcoin (BTC) circling the $10,400 mark. Market visualization. Source: Coin360 After yesterday’s correction, BTC is today up nearly 2%, bringing it to $10,393 by press time. While still roughly $1,000 short of its price point...Read More
Sunday, Aug. 18. — Most of the top 20 cryptocurrencies are suffering moderate losses on the day, as Bitcoin (BTC) struggles to stay over the $10,150 mark again. Market visualization courtesy of Coin360 Bitcoin price is currently down by 1.79% on the day, trading at around $10,166 at press time, according to Coin360. Looking at...Read More
Saturday, Aug. 17 — Most major cryptocurrency markets have seen a slight drop today, with Bitcoin (BTC) falling below the $10,200 price point, according to data from Coin360. Market visualization. Source: Coin360 BTC is trading at around $10,197 at press time, down roughly 3% on the 24-hour period to press time. Today, BTC saw a...Read More
Ethereum Classic Labs’ Stevan Lohja says that many top cryptos would be “rekt” by Ethereum Classic (ETC) if it removed “Ethereum” from its name. In a tweet posted on Aug. 11, Lohja — who works as technology coordinator at Ethereum Classic Labs — wrote: “Opinion: Many #cryptocurrency in the top market cap would be absolutely...Read More
Newly-launched cryptocurrency exchange Beaxy has suspended trading after some users deliberately crashed the price of altcoin XRP. XRP/BTC dips 40% According to a blog post and social media messages, beginning on Aug. 12, Beaxy experienced a sudden surge in XRP trading volumes, with a huge sell-off reducing XRP/BTC to 40% of its price on other exchanges....Read More
It is no secret that for the past several years most major technology companies have been researching blockchain systems, with many looking for a pathway to enter and profit from the space. IBM has clearly been at the forefront of this movement, with a myriad of blockchain projects under development, and partnerships with institutions seeking...Read More
Privacy-focused cryptocurrency Zcoin is now available for spending in Thailand at any merchant registered with the Thai QR code system through Satang App. According to an announcement published by Zcoin on Aug. 15, over 50 million users of Satang App can now use Zcoin at local merchants both in-store and online by scanning a QR...Read More
As the crypto revolution has moved forward, the major credit card companies have maintained a curiously low-key approach to its evolution. Now, Visa appears ready to enter the space, having recently made significant investments in blockchain startups, and revealing plans to offer financial services that utilize the technology. These moves are a clear sign that...Read More
