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Tag Archives: Exchange News

Oobit Teams with Coinbase to Make KYC Tactics Much Easier

Peer-to-peer (P2P) trading platform Oobit has joined hands with Coinbase, one of the largest and most popular cryptocurrency exchanges in the U.S., to give its customers wallet and custodial services.Oobit Is Making It Easier to Get VerifiedIn addition, Oobit is working with the exchange to establish what called the Oobit Pass, a new tool that allows users to verify themselves and satisfy know your customer (KYC) procedures quickly so they experience no delays in trading.The co-founder of...

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Bisq Exchange Suffers Cyberattack; Customers Lose $250K

It’s happened again, folks. Another cryptocurrency exchange theft is in the books. This time, the victim is Bisq, a trading platform that has temporarily ceased all its trading services thanks to a theft that has cost users at least $250,000 in digital funds.Bisq Customers Have Been RobbedCrypto exchanges are nothing new, but it is surprising how often they occur given how many advancements we’ve made in terms of security. Arguably two of the biggest crypto exchange thefts that have ever...

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BUX Steps Into the Crypto Industry; Announces Its Own Exchange

Fintech company BUX has announced the launch of BUX Crypto, the enterprise’s official cryptocurrency trading exchange.BUX Is Growing to Include Its Own ExchangeCrypto trading has become something of a staple during these last few weeks due to growing fear caused by the coronavirus pandemic. Many investors, it now seems, are looking to purchase crypto and give digital assets a try as fiat currencies and stocks prove less stable during these hard, economic times.This is the exact opposite of...

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11 Crypto Sellers, Including Block.one, Have Been Hit with Customer Lawsuits

Several cryptocurrency exchanges and token issuers are being sued by investors across the United States who claim they were sold unregistered securities. Among the companies or entities being sued are Binance, Tron, Block.one and BitMEX. Entities like Ku Coin, Bibox and Bancor are also facing lawsuits from early investors.Block.One is Just One of ManyAs the cryptocurrency arena has expanded over the years, the demand and necessity for legitimacy have expanded with it. Many investors are...

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Binance Announces Possible Purchase of CoinMarketCap.com

Binance – arguably the largest and most popular crypto trading platform in the world in terms of market volume – has purchased the crypto data firm CoinMarketCap.com for approximately $400 million.Binance Has Engaged in a Big BuyWhile the deal is not fully set in stone, an announcement is expected to be made by the end of this week or no later than early next week. Binance CEO Changpeng Zhao teased the merger earlier in the year, explaining to users via newsletter:As the saying goes, when you...

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Chainalysis Economist: The Worst Is Over for Bitcoin

Some claim that bitcoin’s price can be predicted, while others say they know when bitcoin will go up and down. Is any of this truly possible?Can We Ever Know What Bitcoin Will Do?Bitcoin – the world’s number one digital currency by market cap – reached a 2020 high last month when it jumped past the $10,300 mark, though at press time, the currency is struggling in the mid-$6,000 range. While this is ultimately an improvement over where it was just two weeks ago, there is still a lot of room...

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Bitcoin Spikes Again Following News of Trump Bill

Not long ago, Live Bitcoin News reported that the price of bitcoin – the world’s number one cryptocurrency by market cap – was about to surge all over again. Today, it looks like that prediction is coming true.Bitcoin Is Spiking Again!After spending what feels like an eternity in the doldrums (though it was only about two weeks), bitcoin has risen from the ashes and added roughly $1,000 to its price, surging from approximately $5,100 to $6,100 at the time of writing. The currency is once...

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Binance Will Bring Tezos to U.S. Crypto Enthusiasts

Binance – the world’s biggest and most popular cryptocurrency trading platform – is bringing several new coins to investors including Tezos (XTZ). The asset will be available to all traders utilizing Binance.us.Binance Brings Tezos to U.S. TradersThe cryptocurrency exchange has also commented that trading pairs between XTZ/ USD and XTZ/ Binance USD (BUSD – the company’s stable currency) will also be available. Trading is slated to go live next Monday. Prior to that date, all customers of...

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Africa-Based Crypto Exchange SAFCOIN Opens for Business

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...

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Coinbase to Start Batching BTC Transactions; Should Lower Fees and Traffic

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...

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