Bitstamp owner hits back at founder in attempt to fully take over exchange

A 9.8% stake in Bitstamp digital currency exchange is at the center of a legal battle between the majority owner and the former CEO. A South Korean billionaire who acquired the exchange three years ago has hit back at the former CEO in court, denying that they had any agreement barring him from pursuing the… Continue reading Bitstamp owner hits back at founder in attempt to fully take over exchange

Bitstamp Revenue Jumps in 2020, Profits Gain 257%

London-headquartered crypto exchange, Bitstamp Ltd has disclosed its financials for the year 2020, ending on December 31. The company reported an increase of its total revenue to €54.5 million from the prior year’s €51.1 million. That was a yearly increase of 6.6 percent. Bitstamp offers cryptocurrency exchange services and lists a total of eleven digital… Continue reading Bitstamp Revenue Jumps in 2020, Profits Gain 257%

Bitstamp crypto exchange hires former Barclays exec as new COO

U.K.-based crypto exchange Bitstamp has hired a former director of financial services company Barclays’ payments team as its chief operating officer. In an announcement today, Bistamp said it would be appointing Sameer Dubey to the executive position as part of its effort to scale across the firm’s businesses. Dubey worked as the director of the… Continue reading Bitstamp crypto exchange hires former Barclays exec as new COO

Anonymous Crypto Whale Transfers 40 Million XRP to Bitstamp

Blockchain tracking and analytics company, Whale Alert identified that an anonymous XRP holder moved around 40 million tokens to Luxembourg-based cryptocurrency exchange Bitstamp. The tracking system also notified that the recent transfer has created many speculations about the origin of this transaction as the address associated with it has been dormant since 2013. XRP has… Continue reading Anonymous Crypto Whale Transfers 40 Million XRP to Bitstamp

Bitstamp still ‘assessing support’ for XRP Utility fork airdrop

With the Flare Network scheduled to carry out an airdrop of Spark Tokens almost a month from now, it has been receiving support from a host of exchanges including Bitrue, Cred, Uphold, and Bitbns. However, there are many exchanges that have not yet confirmed their support of the airdrop, exchanges like Bitstamp. Bitstamp revealed that… Continue reading Bitstamp still ‘assessing support’ for XRP Utility fork airdrop

Investor Sues Bitstamp and Gatehub Over Millions in Missing Coins

Canadian cryptocurrency investor, Salim Satir, has filed a lawsuit against cryptocurrency exchanges, Gatehub and Bitstamp, with the High Court of Justice of England and Wales over $4.9 million in purported losses. The plaintiff claims that the losses resulted from misleading statements on Gatehub’s website purporting to detail its Bitcoin (BTC) to Ripple (XRP) trading function,… Continue reading Investor Sues Bitstamp and Gatehub Over Millions in Missing Coins

Amid Widespread Privacy Coin Delistings, Bitstamp Considers Zcash Support

Bitstamp, one of the longest-running active cryptocurrency exchanges, is considering launching a batch of new crypto asset listings. Curiously, Bitstamp is contemplating support for Zcash (ZEC), despite an increasing number of exchanges seeking to distance themselves from privacy coins due to associated regulatory risks. Bitfinex considers first new listings in 3 years On March 31,… Continue reading Amid Widespread Privacy Coin Delistings, Bitstamp Considers Zcash Support

Bitcoin Exchange Bitstamp Initiates Equity Offer for Investors

Bitstamp, a regulated Bitcoin Exchange in Luxembourg (Europe), has jumpstarted a web-based investment campaign and opened this to eligible investors. Funds obtained will be utilized to step up development of additional products in a controlled and conforming environment. The new investment round for the standardized venue started at the Bnktothefuture.com investment platform last December 6… Continue reading Bitcoin Exchange Bitstamp Initiates Equity Offer for Investors

Top 10 Cryptocurrency Companies to Watch Out for in 2020

Cryptocurrencies continue to rise in popularity since their inception a decade ago. Their rise has been tremendous until they have started to affect the economic activities of certain countries. It should not come as a surprise to find people discussing or chatting about crypto-related topics or news whenever you make a visit to any new… Continue reading Top 10 Cryptocurrency Companies to Watch Out for in 2020

Bitstamp Is Bullish On Bitcoin – BTC Hits Historic Golden Cross

The crypto space became filled with various optimistic predictions on Bitcoin (BTC) again. Tracking Bitcoin’s first golden-cross Crypto traders track Bitcoin (BTC)’s first “golden cross” on its three-day chart since the early days of the 2016-2017 bull market. Data from crypto exchange Bitstamp is cited by the Daily Hodl and the online publication writes: “the… Continue reading Bitstamp Is Bullish On Bitcoin – BTC Hits Historic Golden Cross

Bitstamp Commitment to Bitcoin Scalability, Launching a Lightning Network Node

The Lightning Network (LN), Bitcoin’smost significant off chain scaling protocol is now available to the Bitstampcommunity. The European cryptocurrency exchange has announced the set up of a Lightning Network node. In the July 8 announcement, the cryptoexchange said:  “Bitstamp has been supporting the Bitcoin industry since its early days. By running our own Lightning Network… Continue reading Bitstamp Commitment to Bitcoin Scalability, Launching a Lightning Network Node

Circle Acquires Poloniex As Wall Street Takes Bold Moves Into The Crypto…

Payment technology company Circle has acquired Poloniex in a deal reported to be worth $400 million. Founded in 2013, Circle has been involved in a number of blockchain ventures, although in more recent years it has focused on providing peer-to-peer fiat services. Of note is the fact that Goldman Sachs is a major investor in… Continue reading Circle Acquires Poloniex As Wall Street Takes Bold Moves Into The Crypto…

Bitstamp Continues American Expansion, Appoints Head of US

European cryptocurrency exchange Bitstamp has managed to secure a head for its United States operations, announcing this Wednesday that it has appointed Hunter Merghart to the position. Merghart joins the crypto exchange with a career which spans across both the traditional financial markets and cryptocurrency space. As the head of US operations, he will focus… Continue reading Bitstamp Continues American Expansion, Appoints Head of US

Unconfirmed: Disney Considers $13.2 Billion Equity Deal With Stake in Korbit, Bitstamp

Two major cryptocurrency exchanges could soon have Walt Disney Corp. as their owner if a $13 billion equity deal goes through, South Korean English-language daily news outlet The Korea Herald reported on April 17. Citing a banking industry source speaking to another publication, JoongAng Ilbo, The Korea Herald revealed the chairman of online gaming giant… Continue reading Unconfirmed: Disney Considers $13.2 Billion Equity Deal With Stake in Korbit, Bitstamp

Unconfirmed: Disney Considers $13.2 Billion Equity Deal With Stake in Korbit, Bitstamp

Two major cryptocurrency exchanges could soon have Walt Disney Corp. as their owner if a $13 billion equity deal goes through, South Korean English-language daily news outlet The Korea Herald reported on April 17. Citing a banking industry source speaking to another publication, JoongAng Ilbo, The Korea  Herald revealed the chairman of online gaming giant… Continue reading Unconfirmed: Disney Considers $13.2 Billion Equity Deal With Stake in Korbit, Bitstamp

Bitcoin Price Jumps Close to $1190

Bitcoin markets seemed a little divided over yesterday’s trading session, with BTC/USD rates seemingly having entered a sideways trailing trend whilst trading volumes stagnantly low for what traders had gotten used to. Now, through today’s trading session, a large upward spike pushed bitcoin prices a step closer to $1200. Major Signals Low volumes rere disrupted… Continue reading Bitcoin Price Jumps Close to $1190

Bitstamp’s U.S. Subsidiary Granted New York BitLicense

The New York State Department of Financial Services or DFS granted virtual currency license, known as a BitLicense, to Bitstamp USA Inc., a unit of European cryptocurrency exchange Bitstamp Ltd. The latest approval expands New York’s virtual currency market, providing more competition and choice for consumers across the State, DFS said in a statement. With… Continue reading Bitstamp’s U.S. Subsidiary Granted New York BitLicense

The Daily: Twitter CEO Talks Bitcoin, Bitstamp Releases New Mobile App

In Monday’s edition of The Daily we cover a recent interview with Jack Dorsey where the Twitter CEO again publicly shares his views on the future of cryptocurrency. Additionally covered are a new mobile app from Bitstamp and a report about Nvidia’s revenues from the mining market. Also Read: SEC Solicits Blockchain Analysis Tool to… Continue reading The Daily: Twitter CEO Talks Bitcoin, Bitstamp Releases New Mobile App

Mega Transaction Alert: Almost $250 Million worth of XRP Transferred

It appears that Ripple Ledger has just recorded two massive Ripple (XRP) transfers igniting heated speculation in XRP community about a possible reason for this. As expected, Ripple and its native cryptocurrency XRP, finished January in style. It has been revealed that two mega transactions were conducted and vast amounts of XRP were moved to… Continue reading Mega Transaction Alert: Almost $250 Million worth of XRP Transferred

Whale Spotted: 20 Million XRP Moved To Bitstamp ⋆ ZyCrypto

Things have started happening very fast at a time when the crypto market seems to be backing up from the recent onslaught by the bear force, and XRP is gaining good traction as it maintains its marketplace at position two right behind Bitcoin. One most noticeable event happened today at precisely 13:24:20 (UTC Time). Well,… Continue reading Whale Spotted: 20 Million XRP Moved To Bitstamp ⋆ ZyCrypto

Bitmain Crypto Index Launches For Crypto Investors

Photo: Pavlos Giorkas / Flickr The company said that the new Bitmain Crypto Index tracks the performance of some of the “largest and most liquid” cryptocurrencies, and is denominated in U.S. dollars. The index publishes two types of prices, a real-time spot price that is updated every second, and a daily reference price that is… Continue reading Bitmain Crypto Index Launches For Crypto Investors

Crypto Exchange Bitstamp to Integrate New Platform for Market Monitoring

European cryptocurrency exchange Bitstamp will integrate a new platform to improve compliance and customer protection, according to a press release published Nov. 27. Bitstamp has formed a partnership with British market surveillance firm Irisium Ltd. in an effort to improve the safety and reliability of its marketplace. The exchange will deploy Irisium’s platform to monitor… Continue reading Crypto Exchange Bitstamp to Integrate New Platform for Market Monitoring

Bitstamp To User Cinnober Engine For Crypto Trading Platform

Cinnober, a global independent provider of exchange and clearing technology solutions for the finance industry, has been selected by cryptocurrency exchange Bitstamp to deliver a trading system. Bitstamp is replacing an in-house developed matching engine with Cinnober’s TRADExpress Trading System in a move to increase capacity and capabilities of its marketplace. The software will be hosted and… Continue reading Bitstamp To User Cinnober Engine For Crypto Trading Platform