Binance Declines to Confirm Locations for Reported Crypto-Fiat Exchange

Major crypto exchange Binance plans to expand to eight new countries in 2019, according to a report from crypto outlet The Block, Jan. 17. Following the report, a Binance spokesperson has declined to confirm six of the alleged locations in comments to Cointelegraph today, Jan. 18. Just a day after the major cryptocurrency exchange launched…

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Crypto Exchange Gate.io Confirms 51% Attack on Ethereum Classic, Promises Refunds

Researchers from crypto exchange Gate.io report they have confirmed that a 51 percent attack successfully occurred on the Ethereum Classic (ETC) blockchain. The company published an analysis of their findings Jan. 8. Gate.io Research has published its analysis of ETC transactions on its platform during the alleged attack, claiming it has detected seven rollback transactions…

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Japanese Banks Launching Digital Currencies Could Inspire the Traditional Cash Society

Japan is known as a land of contrasts. A country where serenity and tranquillity can be found in the middle of the hustle and bustle of large global cities, where proud traditionalism stands side-by-side with the developers and innovators of breakthrough technologies, where kimonos are often found next to the latest fashion trends. This contradictory…

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Swiss Electronics Supplier SIRIN Labs to Ship Its First Blockchain-Based Smartphone

Blockchain-focused electronics supplier SIRIN Labs will ship its first blockchain-based smartphone tomorrow, Nov. 29, U.S.-based IT and business tech magazine Computerworld reports today, Nov. 28. Following a funding round that raised $157 million in an Initial Coin Offering (ICO) for a blockchain-powered phone in December 2017, the Swiss-based firm announced this summer that they will…

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Coincheck Reinstates XRP and FCT Trading as Normal Services Resume

Coincheck recently reinstated two cryptocurrencies – XRP and FCT – to its platform. With this announcement, the Japanese cryptocurrency exchange is now back to its full complement of virtual currency listings. Complete Resumption of Deposit and Purchasing In a press release published by Coincheck on Monday (November 26, 2018), the cryptocurrency exchange announced the resumption…

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Exchange Partners With University of Luxembourg to Improve Crypto Asset Security

A new partnership between Luxembourg-based VNX Exchange and the University of Luxembourg aims to improve the security of digital assets, business news outlet Luxembourg Times reported Nov. 23. VNX is a marketplace and trading platform for tokenized venture capital founded in 2017. VNX is a member of fintech incubator the Luxembourg House of Financial Technology…

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OKEx Notes Early Delivery of BCH Futures After Trading Stop to Avoid Market Manipulation

The world’s current biggest crypto exchange OKEx has announced early delivery of Bitcoin Cash (BCH) futures contracts immediately after trading stop time today, Nov. 14, according a press release shared with Cointelegraph. As per the announcement, all Bitcoin Cash futures contracts have been set to stop trading at 9:05AM CET and delivered subsequently at 10:00AM…

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State of Regulation in South Korea: Banks Required to Provide Fair Services to Crypto Exchanges

On October 30, South Korea’s main financial authority officially cleared banks to work with crypto exchanges for the first time in history, establishing a major milestone for the local cryptocurrency sector. At the state affairs audit, held by both government parties of South Korea to evaluate and track the progress of every government branch and…

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Galaxy Digital to Explore Real Estate Tokenization, Novogratz Says

Billionaire investor, Bitcoin bull, and founder of crypto merchant bank Galaxy Digital Holdings Ltd. Mike Novogratz is the latest member of the crypto community to jump on the asset tokenization bandwagon. Asset tokenization is the practice of taking “real-world” assets, such as gold and real estate, and tying their ownership rights to cryptocoins so that…

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South Korea’s Zeniex Closes Amid Government Crackdown on Unauthorized Crypto Exchanges

South Korea’s cryptocurrency exchange Zeniex will soon terminate its services due to a recent government crackdown on unauthorized platforms, a post by Zeniex reveals Friday, Nov. 9. The crypto exchange, a joint project by South Korea and China which opened May 2018, states in the post that due to “recent issues,” they have “come to…

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Coinbase Launches Full Trading of Basic Attention Token

American cryptocurrency exchange and wallet provider Coinbase has announced the rollout of full trading of the Basic Attention Token (BAT) at Coinbase.com and in the Coinbase Android and iOS apps, per a blog post published Nov. 8. According to the announcement, Coinbase’s customers can now buy, sell, send, receive, or store BAT along with other…

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Mauritius Financial Commission Releases Draft Regulation for Crypto Custodian Services

The Financial Services Commission (FSC) of the Republic of Mauritius has released a draft regulatory framework for crypto custodian services, according to an official document posted on Nov. 5. According to the announcement, the island country aims to establish regulation for custodian services for digital assets in order to enable users of crypto custodian services…

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Daily Byte: October 30, 2018

Ethereum’s family reunion kicks off, OKEx prunes some trading pairs, and SC Johnson fights to clean the ocean but researchers say it’s too late. Here is some of what’s happening on Tuesday, October 30, 2018: Devcon 4 Opens Today The Ethereum Foundation is kicking off DevCon 4 today in Prague, Czech Republic. A four-day gathering…

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New Zealand Gov’t-Backed Institute Issues Grant to Crypto Wallet and Trading Service

  New Zealand’s state-backed innovation institute Callaghan Innovation awarded a $330,000 grant to a local crypto wallet and trading service, according to a press release published Tuesday, Oct. 30. Callaghan Innovation issued an “R&D Project Grant” to local crypto wallet and trading platform Vimba, a rebranded version of former MyCryptoSaver. Following the grant, the crypto…

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US Court Dismisses Lawsuit Against Coinbase for Alleged BCH Insider Trading

Major U.S. crypto wallet provider and exchange Coinbase has been granted a motion to dismiss a lawsuit over alleged insider trading during its launch of Bitcoin Cash (BCH) support last year, according to court documents published Oct. 23. U.S. District Judge Vince Chhabria from the Northern District Court of California found that plaintiff Arizona resident…

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Coinbase Gets Approval to Offer Crypto Custody Services in the State of New York

New York state regulators have approved Coinbase Custody Trust Company LLC to roll out their cryptocurrency custody services in the state, according to an official announcement published Oct. 23. The New York State Department of Financial Services (DFS) has authorized Coinbase’s wholly-owned subsidiary Coinbase Custody Trust Company LLC to provide a limited range of custody…

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Trezor Now Lets You Convert Bitcoin to Other Cryptos Right From the Device

In a recent upgrade, popular Bitcoin and cryptocurrency hardware wallet TREZOR has enabled its Model T users to exchange directly through their wallet interface, which means users no longer have to send coins from their device for conversion.   A Crypto Exchange Inside the Trezor In an attempt to make its flagship hardware wallet TREZOR Model…

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Int'l Financial Watchdog FATF to Introduce Cryptocurrency Rules in 2019

The Financial Action Task Force (FATF) – an international agency which is intended to tackle criminal activity across the globe, is set to issue the first set of rules regarding cryptocurrency regulations in 2019. Focus on Crypto Exchanges The FATF is based in Paris and it is currently comprised of 37 countries. Its’ president Marshall…

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PR: Roger Ver Joins Azbit Crypto Exchange Advisory Board

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. We are elated to announce that Roger Ver, CEO of…

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Bitfinex Moves to Quash Insolvency Rumors

  Hitting back at recent media reports, cryptocurrency exchange Bitfinex has ensured users of its good financial standing.   Hong Kong-based cryptocurrency exchange Bitfinex has addressed recent media reports to deny circulating insolvency claims and Noble Bank-related issues while also ensuring investors that its trading operations continue as normal. Rumors of the potential collapse of…

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