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Posts published in “Cryptocurrency Exchange”

NASDAQ, Fidelity Invest in New Cryptocurrency Exchange

Nasdaq Increases Exchange Customers and Looks to Police Crypto

New cryptocurrency exchange has reportedly raised $27.5 million from investors which include NASDAQ Ventures and Fidelity Investments. The platform will offer cryptocurrency trading on spot and future markets starting next year.  Nevermind the Bear Market Seemingly unphased by the current bleeding conditions of the cryptocurrency market, Fidelity Investments and NASDAQ Ventures have reportedly taken part in a funding round of new cryptocurrency exchange ErisX. The total amount raised is $27.5 million, Reuters reports. According to the report,

The post NASDAQ, Fidelity Invest in New Cryptocurrency Exchange appeared first on Bitcoinist.com.

Cryptocurrency Exchange KuCoin Secures $20 Million in Series A Funding

KuCoin funding

KuCoin has secured $20 million in Series A funding as part of the company’s drive for rapid expansion across the globe. The cryptocurrency exchange platform has plans to establish its presence in places in Europe and Latin America. IDG Capital Leads Funding Round In a statement published by KuCoin on Thursday (November 15, 2018), the Singapore-based cryptocurrency exchange announced the close of its $20 million series A funding round. IDG Capital, as well as NEO

The post Cryptocurrency Exchange KuCoin Secures $20 Million in Series A Funding appeared first on Bitcoinist.com.

OkCoin Exchange Launches Operation in Argentina in Conquest of Latin America

OkCoin, a leading digital asset platform for fiat and token trading headquartered in Beijing, has expanded its operation to Argentina and is about to do the same in other Latin America countries. Instiutional and retail customers are now able to exchange the Argentine peso for any cryptocurrency included in its offering. OkCoin Offers Fiat-to-Crypto Exchange...

The post OkCoin Exchange Launches Operation in Argentina in Conquest of Latin America appeared first on NewsBTC.

Pure Bit Bamboozles Investors in $2.7 Million ICO Exit Scam

Pure Bit lured investors in with promises of a rewarding ICO then mysteriously vanished, taking 13,000 worth of ETH with them. There’s a Sucker Born Every Minute The South Korean exchange is accused of pulling an exit scam after raising nearly 13,000 ETH ($2.7 million) in ICO funds. A few months ago ICOs were banned in South Korea. In response, the team behind Pure Bit operated anonymously. It’s likely that investors weren’t wary of this,

The post Pure Bit Bamboozles Investors in $2.7 Million ICO Exit Scam appeared first on Bitcoinist.com.

CEO of Largest Crypto Exchange Believes the Bitcoin Bears Are Here to Stay

BitMEX CEO, Arthur Hayes believes bears have the stamina to keep control of the crypto market for at least 18 months longer. Hayes Forecasts Prolonged Thunderstorms Arthur Hayes, the captain at the helm of the world’s largest cryptocurrency derivatives exchange BitMEX believes bears could maintain control of the cryptocurrency market for at least another 18 months. Of course, these comments are rather interesting considering they come from the man accused of openly encouraging traders to

The post CEO of Largest Crypto Exchange Believes the Bitcoin Bears Are Here to Stay appeared first on Bitcoinist.com.

Coincheck Resumes New Account Openings, Customers Deposits

Coincheck, the Tokyo-based cryptocurrency exchange victim of a $500 million worth theft, has resumed new account openings, customer deposits, and purchasing of some digital currencies. The operator had suspended some services following the late January incident in order to protect customers’ assets and investigate the cause of hacking. Coincheck Exchange Resumes Trading of BTC, ETC,...

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Japan’s Financial Regulator Says Stablecoins Are Not Cryptocurrencies

Japan

The lack of uniformity in stablecoins has led Japan’s Financial Services Agency (FSA) to conclude that stablecoins are not cryptocurrency. Not All Digital Assets Are Created Equal Japan’s Financial Services Agency (FSA) recently announced that it does not believe stablecoins should be classified in the same category as cryptocurrencies. According to Japan’s Payment Services Act and the Fund Settlement Law, cryptocurrencies are considered a method of payment that users do not need to pay taxes

The post Japan’s Financial Regulator Says Stablecoins Are Not Cryptocurrencies appeared first on Bitcoinist.com.

Japan’s SBI Virtual Currencies Exchange to Develop Proprietary Crypto Wallet

Denmark-based cryptography specialist Sepior has partnered with Japanese online financial services firm SBI Group to jointly develop a proprietary wallet on SBI’s Virtual Currencies exchange platform, VCTRADE. Cryptography Specialist Sepior Agrees to Boost VCTRADE’s Security With Threshold Wallet Technology The financial services giant licensed Sepior’s Threshold Wallet technology, which addresses online wallet and transaction security using...

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Indian Police Arrest Unocoin Co-Founder, Claim Operating Bitcoin ATM Kiosk is Illegal

Law enforcement officers in India have arrested Unocoin’s co-founder for operating a Bitcoin ATM kiosk, which the police called illegal. More arrests are likely, according to the police. Law Enforcement in India Expects to Make Further Arrests After Jailing Unocoin Co-Founder The co-founder of India’s first bitcoin ATM kiosk was arrested yesterday, the Times of...

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

trezor bitcoin ethereum wallet

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 T, the company behind it – Satoshi Labs, has announced a brand new feature which allows users to exchange cryptocurrencies

The post Trezor Now Lets You Convert Bitcoin to Other Cryptos Right From the Device appeared first on Bitcoinist.com.

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