Tag Archives: Exchanges

Per data from Crypto Quant, people continue to take their bitcoin and digital currency funds out of exchanges. In October alone, more than $750 million in BTC was moved out of digital currency trading platforms in a single day. Why Are People No Longer Using Exchanges? This likely suggests that people continue to lose faith in crypto. The space has been crashing like crazy for the past several months, and the price of bitcoin is the real clincher. Just last year, bitcoin...

A panel of House members in the United States Congress is pressing cryptocurrency leaders to discuss what they’re planning to do to protect potential crypto investors from falling victim to fraud and scams. How Can Crypto Keep People Safe? One of the big problems associated with running an unregulated industry like crypto is the fact that there are virtually no rules, and there are practically no governing bodies that can get in the way of things going wrong or people...

Die Welt der Kryptowerte erlebt gerade ihre kambrische Artenexplosion. In einem Big Bang entstehen aus den wenigen bekannten Arten urplötzlich Tausende oder Zehntausende neue. Doch während sich die Artenentwicklung im erdgeschichtlichen Kambrium über zehn Millionen Jahre erstreckte, geschieht es im Kryptoversum binnen Monaten. Eine Einordnung von Hartmut Giesen, Krypto-Experte der Hamburger Sutor Bank: Am 3. Januar 2009 betrat der Bitcoin die Bühne. Dieser erste blieb eine Weile der einzige...

In a recent discussion, Gary Gensler – the present head of the Securities and Exchange Commission (SEC) – stated that major cryptocurrency platforms and exchanges need to embrace and cooperate with regulators if they wish to maintain their present levels of trust amongst customers. It’s a statement that arguably suggests Gensler knows absolutely nothing about cryptocurrency. Gary Gensler Is All About Regulation During the discussion, Gensler comments: At about $2...

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...

Cryptocurrency exchange Bitfinex announced on Saturday, Oct 5, that it expects to be prosecuted by an unknown party in a ‘meritless and mercenary lawsuit’. The Hong Kong-based exchange which has been embroiled in a number of controversies apparently got wind of a damning report and is looking to quell any negative press ahead of its publishing. “Bitfinex is aware of an unpublished and non-peer reviewed paper falsely positing that Tether issuances are responsible for manipulating the...

Transferring more than $1,000 in bitcoin or any other crypto from one exchange to another could land your private details on the desk of the Financial Action Task Force (FATF). That is possible ever since the intergovernmental agency in June imposed new anti-money laundering standards on the cryptocurrency firms. The so-called ‘travel rule’ treats crypto exchanges, wallet providers, and similar firms no lesser than it acts towards a bank. Therefore, like traditional financial institutions...

Cryptocurrency exchange Binance set to launch U.S. operations imminently. | Source: REUTERS / Darrin Zammit Lupi Binance.US has announced that it will begin processing account registration applications and accepting cryptocurrency deposits from Sep. 18 at 8 am EDT. After users have signed up and selected their desired tier of verification, they will be able to deposit bitcoin (BTC), ethereum, (ETH), ripple (XRP), bitcoin cash (BCH), litecoin (LTC), and tether (USDT) to their wallets. The...

Roger Ver-owned Bitcoin.com is reportedly pushing to list a Bitcoin Cash derivative.| Source: Flickr/OFFICIAL LEWEB PHOTOSRoger Ver, AKA Bitcoin Jesus, isn’t happy with the status quo. The provocative former CEO of Bitcoin.com is looking for ways to drum up interest in his ailing collaboration Bitcoin Cash with a futures product.Ver is heavily invested in the crypto spin-off which forked off from Bitcoin in 2017 and now celebrates its second birthday. Bitcoin.com recently launched its own...