Tag Archives: Exchange News

An African cryptocurrency exchange known has SAFCOIN has opened its doors for business, and the trading platform allegedly offers zero-fee trading to its customers.SAFCOIN Is Ready for African TradersSAFCOIN is reportedly one of the first exchanges to offer such a benefit. In addition, it provides users with what it calls an “easy and accessible” interface that should make trading as easy as one, two, three. The exchange has early and first-time traders in mind and is trying to make things as...

Coinbase – one of the largest and most popular cryptocurrency exchanges in the United States – says it will start grouping bitcoin transactions together, rather than processing them separately.Coinbase Has Decided to Start BatchingThe process – known as “batching” – is designed to prevent high levels of traffic on the blockchain and keep transaction speeds reasonable. The process is also made to ensure users’ transaction fees remain low.In a blog post, the trading platform...

DBL Digital, a branch of Draw Bridge Lending, is unveiling its new Bitcoin Managed Account Program (MAP) for both inexperienced and professional traders.Draw Bridge Lending Looks to Bring Institutional Players OnboardDraw Bridge is a commodity trading advisory (CTA) firm that according to a press release, takes a “credit-based approach” to investing in digital currencies and tokens. All futures trading is done through a separate account of the client’s, who is only exposed to crypto trading...

A new cryptocurrency payment platform has opened its doors for business in the Cayman Islands. Known as Coin Lock, the company describes itself as the world’s “first cryptocurrency trading and payments platform designed to increase every coin.”Coin Lock Is Looking to Make Big ChangesRikky Hasan – the CEO of the business – explained in a statement:Through exhaustive market analysis, Coin Lock identified and alleviates three primary pain points for cryptocurrency consumers: lack of utility,...

The class-action lawsuit against Ripple has received the greenlight from a federal judge.The Court Moves Against RippleRipple has long touted itself as a non-security, but several of the plaintiffs involved in the suit claim otherwise. One describes Ripple as an “ongoing ICO [initial coin offering],” while others scoff at the currency’s reportedly centralized nature. It is reported that more than 50 percent of XRP units are still held by Ripple executives including Brad Garlinghouse, the...

Finland-based cryptocurrency exchange Local Bitcoins has hit a heavy snag.Local Bitcoin Is Reporting Seriously Low TradingAs we all know, bitcoin – the world’s number one cryptocurrency by market cap – has suddenly decided to shoot up following news that India was removing its crypto ban and that South Korea was implementing new legislation that could potentially bring bitcoin and its altcoin cousins to the mainstream.However, Local Bitcoins doesn’t appear to be benefiting from this news. In...

Cryptocurrency exchange Luno – based in London in the United Kingdom – has stated that it will soon add Ripple’s XRP to its list of tradeable assets for customers to enjoy.Ripple Is Coming to Luno CustomersThe news comes after Luno engaged in a year-long poll in which all its customers were asked which new asset they would be the most interested in trading or purchasing in the future aside from bitcoin (BTC) and Ethereum (ETH), as the exchange already offers these assets to its users. Ripple...

It looks like Brazil’s hardcore tax laws are starting to hurt its crypto industry. Two digital exchanges in Brazil – Acesso and Latoex – have shut their doors permanently, claiming they cannot adhere to the country’s new tax laws which they cite as extremely strict and rigid.Crypto Companies in Brazil Are Facing the HeatBoth trading platforms say they are facing heavy fines. In addition, the tax laws have caused a lot of people to exit the space altogether, and thus both companies are facing...

Reginald Fowler, a businessman situated in Arizona, was charged with wire fraud on Friday following a long list of other charges that have accumulated over the past month.Fowler Has Another Charge Added to His RecordFowler was once a stake owner in the Minnesota Vikings, but he’s also a potential operator of Crypto Capital, a payment processing venture that seeks to govern digital currency transactions. This new charge alleges that he garnered money through “false and fraudulent pretenses”...

Proof of Keys was a concept first introduced by Satoshi Nakamoto, the legendary figure behind the birth of bitcoin, but it’s now being promoted further by the likes of Trace Mayer, the host of the “Bitcoin Knowledge” podcast.Mayer: Proof of Keys Is What Keeps BTC in the Hands of the PeopleFirst discussed when bitcoin was released to the public over ten years ago, the concept behind proof of keys involves getting rid of all the trust issues in the monetary space by having people interested in...