Tag Archives: Exchange News

It’s hard to believe that after nearly seven years of waiting, there are still many traders and individuals who have not garnered what’s rightfully theirs from Mt. Gox, the now defunct cryptocurrency trading platform in Japan.Mt. Gox Victims Can Now Get Their MoneyHowever, after all this time, it looks like many creditors are finally going to get access to the funds that have been locked up for so long following the company’s bankruptcy filing.Mt. Gox is widely considered one of the worst...

The bitcoin price has hit $40,000 for the second time this month. While technically the asset had done so during yesterday’s early morning hours, the currency ultimately underwent a bit of a correction later in the day that brought it down into the $39,000 range.Bitcoin Strikes the $40K AnvilNow, however, bitcoin has hit $40K again and it looks like it’s aiming to stay there. In just the last 12 months alone, the bitcoin price has managed to grow by a whopping 400 percent.Many analysts have...

Bitcoin has hit another all-time high. The currency – which just yesterday was trading for around $35,000 per unit – has added another $4,000 to its price and is now trading for around $39,000. This, ultimately, is a slight pullback from where the currency was during the early morning hours after it hit a whopping $40,000 per unit for the first time in its short yet significant history.Bitcoin Has Surged Again!The surge came with a few repercussions such as Coinbase crashing for the umpteenth...

Following news that the Securities and Exchange Commission (SEC) is looking to sue Ripple for selling unregistered securities, crypto exchanges such as Coinbase in the United States have announced that they will soon drop XRP from their lists of offered digital assets and halt trading beginning early 2021.Coinbase Says “No” To RippleCoinbase has stated that all XRP trades will be suspended as of January 19 of this year. The good news is that customers of the exchange will not lose access to...

Cryptocurrency exchange Coin DCX has managed to put away roughly $20 million since the start of the pandemic. The company recently completed a Series B funding round in which it garnered as much as $13.9 million, though this was the third funding round it engaged in during 2020. Companies such as Block.one, Coinbase, DG and Jump Capital were all happy to take part.Coin DCX Is Growing Like MadInitially, the company sought to raise roughly $3 million back in March when the coronavirus pandemic...

An unnamed individual in Rome, Italy has been accused of one of the largest cryptocurrency fraud schemes ever recorded in the space’s short, yet significant history. As it stands, police investigators are only claiming that the man allegedly responsible possesses the initials “F.F.” and that he is roughly 34 years of age. Not much else is known about him at press time.Italy Is at the Center of a Crypto Fraud InvestigationThe fraud is reported to have occurred last year in 2019. It happened...

It’s happened again, folks. Another cryptocurrency exchange hack is in the books. This time, the victim is EXMO based in the United Kingdom. At the time of writing, roughly five percent of the platform’s assets have disappeared.EXMO Has Been HackedEXMO reported earlier in the week that several of its hot wallets had been compromised by thieves. This is consistent in the crypto space and it has been reported time and time again that hot wallets do not possess the security and strength of cold...

Coinbase is filing an IPO (initial public offering). The largest cryptocurrency exchange in the United States has decided to go public right as bitcoin is hitting a new high of roughly $22,700 at the time of writing prompted by growing institutional investor interest.Coinbase Is Hitting the Big TimeThe company has filed the appropriate paperwork with the Securities and Exchange Commission (SEC). The governing agency is now engaged in reviewing the documents to ensure all is in order before...

SBI Financial Services – a company associated with Japanese monetary group SBI Holdings Inc. – has garnered ownership of the cryptocurrency trading enterprise B2C2 based in the United Kingdom.SBI Financial Services Now Owns B2C2SBI Financial Services is now set to become one of the first major financial firms to monitor and operate a cryptocurrency dealing desk, though the specific terms of the acquisition have not been divulged at the time of writing.In many ways, Japan has been a serious...

It looks like the amount of bitcoin being held on digital exchanges is beginning to fall to record lows. The world’s number one cryptocurrency by market cap has shot past the $19,000 mark again, and it appears people are beginning to sell. Thus far, the amount of bitcoin held on exchanges has fallen by more than 20 percent this year.Bitcoin Is Being Sold OffThe currency, despite doing well at the time of writing, has encountered a few ups and downs in the last few weeks, experiencing a couple...