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Tag Archives: Exchange News

Changpeng Zhao: BTC Could Experience Another Drop

There is a lot of worry and concern surrounding bitcoin’s price as of late. While the asset has done well these past two months and maintained its position above the $9,000 mark, some analysts and industry leaders – such as Changpeng Zhao, the chief executive of Binance, the world’s largest and most popular cryptocurrency exchange by daily volume trading – are warning that BTC’s price is in a shaky position, and in danger of enduring another crash like the one it experienced in March of this...

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Texas Resident Accused of Using PPP Funds to Buy Digital Currency

It’s rough whenever money is not put to proper use, but according to one source, that appears to be what happened in Texas recently when a man allegedly used a PPP loan to get his fingers on cryptocurrency.PPP Loans Are Not to Be Played Around WithThe Paycheck Protection Program (PPP) has reached a new pinnacle over these past few months as the spread of COVID-19 continues to allegedly ravage the economies in America and beyond. In the United States, several steps have been taken to ensure...

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Crypto Fans in Japan Have Increased Their Stashes

People holding cryptocurrency in exchanges based in Japan apparently increased their holdings of bitcoin, Ethereum and Ripple over the past few months. BTC, ETH and XRP are the three largest cryptocurrencies in the industry by market cap.Japan Is Still a Major Crypto HubThe surge in holdings appears to stem from the spread of the coronavirus, which has led to the shuttering of the global economy and the ravaging of global financial tools. The virus first began to spread in late 2019, but by...

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Bankrupt Founder of Crypto Venture Vault Age Solutions Reportedly Hiding from Angry Investors

It looks like another crypto platform has gone bust, leaving all its investors in the dark. This time, the company that has vanished is one called Vault Age Solutions, and the founder – a man named Willie Breedt – is in hiding after learning that his investors are out looking for him.Vault Age Hasn’t Lived Up to ExpectationsIt’s scary when your company fails in one way or another. It’s even scarier to know that you have shareholders or investors that are watching your every move and that you...

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Is India About to Become a Major BTC Haven?

Crypto enthusiasts everywhere believe that bitcoin is about to explode in countries like India.India Is Heading for the TopRecently, the nation’s Supreme Court deemed bitcoin trading lawful and felt that the ban preventing banks and financial firms from doing business with or representing crypto ventures was unconstitutional. That ban has since been removed, and trading in India has jumped to new highs.As a result, many think the country that was once very anti-crypto is about to put digital...

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BNB Coin Garners Its Own Twitter Emoji

Twitter and cryptocurrency have always been rather supportive of each other, especially considering CEO Jack Dorsey’s stance on bitcoin. Now, it looks like Binance Coin – the native currency of the popular cryptocurrency exchange Binance – is the third digital asset in the world to garner its own emoji hashtag.BNB Coin Gets Its Own EmojiThe first cryptocurrency to garner an emoji was bitcoin, of course. The second is Crypto.com currency CRO. Now that Binance Coin has joined the ranks, several...

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John McAfee Unveils Ghost Coin to Mixed Reactions

Controversial anti-virus figure John McAfee is at it again. This time, he’s gone from inventing software to inventing a new kind of cryptocurrency he’s dubbed Ghost Coin, and already the currency seems to be garnering mainstream attention from companies like Disney.John McAfee Is Meandering Through the Crypto Space… AgainGhost Coin is a privacy-focused coin that went live in late June of this year. The currency is designed to give all users complete anonymity. Aside from the asset itself,...

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UK Regulators Shutter Phony Crypto Exchange GPay

A high court in the United Kingdom has ordered the shutdown of an alleged cryptocurrency scam exchange known as GPay, which potentially robbed customers of more than $1.8 million in digital funds.GPay Is Closing Its DoorsThe court alleges that the company used fake celebrity endorsements to entice people to step aboard the crypto plane and invest their money. However, the exchange has now come forward to say it has “lost” all the money customers brought to the table and that it is being...

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Kraken Offers Financial Support to BTC Payment Processor BTC Pay Server

Kraken is one of the leading cryptocurrency exchanges in the United States, if not the world, and today, it has announced its support for a digital currency venture known as BTC Pay Server.Kraken Gives a Hand to BTC PayKraken is providing a $150,000 grant to the company, which is a bitcoin payment processor and tech solution. The money was paid in BTC and is designed to assist the company in its plans for expansion and aid in its coming operations. The company has also integrated BTC Pay...

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Compound, 25th Largest Digital Coin, Jumps Past $200

Bitcoin is going through a strange time. As this article is being put out, the world’s number one digital currency by market cap has dropped into the $9,200 spot, meaning it has lost about $200 from its price over the past few days, but other coins – altcoins like Compound – are booming, and reserving places for themselves in the top regions of the crypto market.Compound Is Surging Like No Other CoinAt the time of writing, the Compound token has spiked by more than 250 percent, which means...

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