Tag Archives: Exchange News

Mark Karpeles – the man behind the legendary failure of crypto exchange Mt. Gox in Japan – has announced he will be establishing a new crypto ratings service he’s calling UnGox. It’s allegedly his way of making up for the past and saying he’s sorry for being involved with one of the biggest – and ugliest – crypto schemes in the history of the space. Mark Karpeles Develops Crypto Tool UnGox Mt. Gox was a crypto exchange that has been lost to time, but its infamous...

Snoop Dogg, Drake, and Justin Bieber are just some of the celebrities as of late to pour millions of dollars into crypto trading companies such as Moon Pay. The number of celebs getting involved in the digital currency space has been increasing heavily ever since Matt Damon first appeared in a Crypto.com ad about trading and “being brave.” Moon Pay Is a Billion-Dollar Company Moon Pay is based in Miami, Florida, which has become a massive crypto haven thanks to the...

A federal judge has ruled that a class-action lawsuit against Coinbase, one of the largest and most popular digital currency trading platforms in the world, can move forward. Coinbase Will Soon Find Itself in Court Coinbase is easily one of the biggest crypto exchanges out there. At the time of writing, it has a valuation of more than $40 billion, yet for one reason or another, it doesn’t not seem to have a customer service department. The company has been hit with...

Fighters in the Ultimate Fighting Championship (UFC) will soon be eligible for digital currency-based bonuses thanks to the enterprise’s partnership with Crypto.com. Crypto.com and the UFC Work to Bring Crypto to Popular Fighters The fighting organization and the digital currency exchange are working together to unveil a new string of crypto bonuses that will be paid to the most popular or successful fighters as chosen by event watchers. Known as the “fan bonus” system,...

In a recent interview, it’s been confirmed that Gary Gensler – the head of the Securities and Exchange Commission (SEC) – is looking to regulate cryptocurrency exchanges. Gary Gensler Is Looking at Crypto Exchanges… Again A discussion of the matter was recently held by Jennifer Schonberger, a reporter who had specific details into the ideas of Gensler and his agency. She commented that he is looking to separate all market makers and subject them to the same financial...

It looks like the debacle surrounding Quadriga CX – the infamous crypto exchange in Canada – is continuing to haunt people. Tong Zou – a 33-year-old man – is one of the many victims of the exchange’s closure, and he lost his entire life savings in the slip up. Quadriga CX Is Still a Major Downfall for Many The Quadriga CX mess occurred nearly four years ago in late 2018. Gerald Cotten – the man behind the exchange – was abroad in India when he succumbed to Crohn’s...

Popular cryptocurrency exchange Bybit is moving its business to the United Arab Emirates (UAE), and its headquarters will be situated in the nation’s capital of Dubai. Bybit Has Its Sights Set on the UAE Bybit provides a wide array of crypto and blockchain-related services and tools for customers to enjoy. The company says it is fully committed to the regulatory efforts of the UAE, and that it will obey all laws implemented by state officials. Bybit is also creating an...

Brian Reisbeck is the new chief compliance officer at Coinme, a crypto exchange stationed in the U.S. He recently offered his comments and thoughts on international compliance and attempts to regulate the crypto space. Brian Reisbeck Offers His Thoughts on Crypto Compliance Regulation has long been a controversial topic, with some analysts completely for it, while others don’t want it affecting the space anymore than it already has. Neil Bergquist – the CEO and...

Leading crypto exchange Ku Coin has experienced some vast success over the past 12 months. The company is now celebrating by presenting some of its top-ranking employees with $100,000 bonuses being paid out in bitcoin, Ethereum, and other cryptocurrencies. Ku Coin Hands Out a Lot of Money During the previous year, KCS – the official token of Ku Coin – experienced a value increase of 30 times its initial price. The company also saw its user base increase and experienced...

Akin Adebowale and Ousman Sahko have unveiled BTX, a new crypto and non-fungible token (NFT) marketplace designed to assist black artists. The project was revealed at this year’s SXSW festival along with a new cryptocurrency called Blackrose (BRS) that will serve as the platform’s official asset. BTX Is Ready for Launch Both Adebowale and Sahko stated in an interview that they are truly excited about the developments being made in the crypto space given that digital...