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Tag Archives: Exchange News

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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BSV Dukes It Out with Binance

It looks like bitcoin SV (BSV) and cryptocurrency exchange Binance – the largest and most popular cryptocurrency trading platform by daily volume – are at each other’s throats.BSV Is Angry About Binance’s DecisionsThe two companies are fighting with each other over Binance’s decision last year to delist the new cryptocurrency token made popular and consistently promoted by Australian tech entrepreneur Craig Wright. Jimmy Nguyen – the president of bitcoin SV (Bitcoin Satoshi Vision) – has said...

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Dan Held: All Stimulus Money Should Be Used to Buy BTC

Dan Held of Kraken fame believes that bitcoin could reach new levels of power if everyone invested their stimulus money in the cryptocurrency.Dan Held: BTC Could Be the Most Powerful AssetAs many of us know by now, the stimulus checks that were issued to American taxpayers over the past two months put everyone on edge and got them arguing back and forth about whether the money was really needed. Figures such as Elon Musk, for example, criticized the move, and stated that you cannot simply...

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Canadian Securities Firm: Quadriga CX Was a Ponzi Scheme

Perhaps one of the biggest – and scariest – mysteries to emerge from the cryptocurrency space over the past few years has been the rise and fall of Quadriga CX, a cryptocurrency exchange in Canada that now has an undoubtedly shady history behind it.Quadriga CX Will Probably Always Live in InfamyAt one point, Quadriga CX was one of the largest cryptocurrency trading platform in Canada, but now the company has been marred by controversy and a lot of angry people who cannot seemingly get their...

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Crypto Exchanges Xapo and Indodax Accused of Aiding Thieves, Sued By Victim

Cryptocurrency trading platforms Xapo and Indodax have been hit with a massive lawsuit that accuses the exchanges of harboring stolen digital funds.Xapo and Indodax Are Headed to CourtAccording to court documents, both companies failed to employ anti-money laundering and know your customer (KYC) protocols to ensure that the money they were being asked to store came from reputable sources. In addition, it appears the companies did not bother to perform background checks on the account holders...

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Crypto Trading in Russia Has Exploded These Past Few Months

The coronavirus lockdown has caused many people to see bitcoin in a different way, including residents of Russia.Russia Seems to Love BTCThe country has had a very mixed relationship with cryptocurrency. Assets are often traded in secret as government officials have not taken to digital assets the way other nations have. The country has also long considered a ban on digital currency trading, believing it leads to criminal activity such as money laundering.Now that everyone is stuck at home...

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