Crypto Exchange AAX Introduces MPC Wallet To Its VIP And Institutional Investors

Security of digital assets remains among the top discussions in the cryptocurrency industry as exchanges and individuals keep losing their millions in digital assets to hackers and other third parties. Just recently, AAX, a cryptocurrency exchange platform, announced it would be introducing Multi-party computation (MPC) to all VIP and institutional investors. Like many before it,… Continue reading Crypto Exchange AAX Introduces MPC Wallet To Its VIP And Institutional Investors

German digital stock exchange will list physical Litecoin ETP

London-based ETC Group, the firm responsible for listing the first crypto exchange-traded product on Germany’s Xetra digital stock exchange, will offer a new listing for Litecoin. In an announcement today, the ETC Group said its physical Litecoin exchanged-traded crypto, under the ticker ELTC, will be launching on Deutsche Borse Xetra on April 14. According to… Continue reading German digital stock exchange will list physical Litecoin ETP

German digital stock exchange will list physical Litecoin ETP

London-based ETC Group, the firm responsible for listing the first crypto exchange-traded product on Germany’s Xetra digital stock exchange, will offer a new listing for Litecoin. In an announcement today, the ETC Group said its physical Litecoin exchanged-traded crypto, under the ticker ELTC, will be launching on Deutsche Börse Xetra on April 14. According to… Continue reading German digital stock exchange will list physical Litecoin ETP

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

Indian crypto exchange execs intensify lobbying efforts to prevent ban

Nischal Shetty, CEO of Indian crypto exchange WazirX, and other stakeholders in the industry are reportedly working toward convincing the government to adopt more nuanced cryptocurrency regulations. According to a report by The Economic Times, the country’s Blockchain and Crypto Council has drafted a presentation note highlighting recommendations for cryptocurrency regulations in India. The regulatory… Continue reading Indian crypto exchange execs intensify lobbying efforts to prevent ban

Rise of the exchange token: From utility coin to long-term investment?

Native exchange tokens have exploded in value in recent months, alongside the wider cryptocurrency markets, changing the narrative for what these tokens were originally meant for. Bitcoin (BTC), Ether (ETH) and other cryptocurrencies have seen exponential growth over the past six months. In part, this is due to major institutional investors finally entering the markets… Continue reading Rise of the exchange token: From utility coin to long-term investment?

Brazilian Stock Exchange approves two new crypto ETFs in Latin America

The Brazilian Securities and Exchange Commission, or CVM, approved two cryptocurrency ETFs this week — one 100% Bitcoin and the other composed of five cryptocurrencies, in addition to Bitcoin (BTC). For QR Asset Management, manager of the Bitcoin-only ETF, the product could accelerate the launch of a similar product in the United States, since the CVM,… Continue reading Brazilian Stock Exchange approves two new crypto ETFs in Latin America

Exchange Volume of Defi Tokens on Decline; $MKR $UMA staking on Rise

The Defi craze of 2020 has continued this year as well, the total value locked in various Defi protocols breached $45 billion for the first time. At present, the volume of defi tokens on centralized exchanges compared to its total supply is below 10% for the likes of $UMA, $MKR, $COMP, $UNI, and $SNX. While… Continue reading Exchange Volume of Defi Tokens on Decline; $MKR $UMA staking on Rise

Crypto exchange Kraken says it is ‘too big’ to go public through a SPAC

San Francisco-based crypto exchange Kraken has not yet confirmed that it will follow in Coinbase’s footsteps by pursuing a public listing, though the company did rule out the possibility of doing so via a special-purpose acquisition company. In a written statement to Cointelegraph, Kraken said it would pursue a direct listing in the event the… Continue reading Crypto exchange Kraken says it is ‘too big’ to go public through a SPAC

Cryptocurrency Exchange AAX Bags Global Digital Finance (GDF) Membership

Popular and reputable cryptocurrency exchange and financial services provider AAX has joined Global Digital Finance (GDF) to play a key role in the adoption of key practices and conduct standards for digital assets, cryptocurrencies, and financial technologies. AAX Joins GDF In an official announcement made today, major cryptocurrency exchange and financial services provider AAX stated… Continue reading Cryptocurrency Exchange AAX Bags Global Digital Finance (GDF) Membership

Korean crypto exchange Bithumb toughens up its Anti-Money Laundering measures

South Korean cryptocurrency exchange Bithumb is toughening its approach to Anti-Money Laundering enforcement with a series of new measures that include trading restrictions, stronger Know Your Customer checks, and specialized blockchain intelligence solutions. The popular exchange, which has an estimated average of 1 million daily users and a daily transaction volume worth 5–7 billion ($4.4–6.2… Continue reading Korean crypto exchange Bithumb toughens up its Anti-Money Laundering measures

Cryptocurrency exchange Bybit shuts up shop in UK in compliance with FCA ban

Singapore-based cryptocurrency derivatives exchange Bybit announced on Friday that it would be suspending services for its customers n the United Kingdom. Bybit offers a range of high-end trading products for cryptocurrencies such as Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH), Litecoin (LTC) and more. The move follows a blanket ban on all retail cryptocurrency derivatives… Continue reading Cryptocurrency exchange Bybit shuts up shop in UK in compliance with FCA ban

Exchange listings and NFT boom back Enjin’s (ENJ) 52% rally to a new high

Nonfungible tokens (NFTs) are rapidly becoming a focal point of the cryptocurrency market, as evidenced by stories of millions of dollars being raised in minutes for one-of-a-kind tokenized art pieces and rare collectibles that traders rush to get their hands on. One project that has been benefiting greatly from the resurgence of NFTs is Enjin… Continue reading Exchange listings and NFT boom back Enjin’s (ENJ) 52% rally to a new high

Exchange tokens BNB, HT, FTT and OKB are on fire in February — Here’s why

Bitcoin’s (BTC) current bull run continues to attract institutional investors who are finally realizing its long-term potential. The latest to take the Bitcoin plunge is BlackRock Financial Management, which has “started to dabble a bit” in crypto investments, according to the investment giant’s chief investment officer Rick Rieder. In another positive, investment advisory The Motley… Continue reading Exchange tokens BNB, HT, FTT and OKB are on fire in February — Here’s why

Thai exchange Bitkub shuts down new signups after SEC order

Thailand’s securities regulator has ordered the country’s largest exchange to halt registrations following a series of outages in January. Bitkub cryptocurrency exchange will now have to address five key areas as outlined by the watchdog, including integrating a system that’s better suited to handling spikes in trading volume. The Securities and Exchange Commission (SEC) sent… Continue reading Thai exchange Bitkub shuts down new signups after SEC order

Bitcoin Stored in Exchange Wallets At its Lowest Level in 2.5 Yrs

Quick take: Bitcoin stored in exchange wallets has continued to drop since early 2020 The amount of BTC in exchange wallets is at its lowest in almost 2.5 years Institutional buying and storage offline is one reason for the diminishing supply Microstrategy just bought another $10 million worth of Bitcoin Companies will continue scooping up… Continue reading Bitcoin Stored in Exchange Wallets At its Lowest Level in 2.5 Yrs

Japanese exchange Coincheck to list fan tokens by Chiliz and Socios

Japanese cryptocurrency exchange Coincheck has partnered with major global fan token makers, Chiliz and Socios, Cointelegraph Japan reports. As part of the new partnership, Coincheck will list Chiliz and Socios’ fan tokens on Coincheck’s non-fungible token, or NFT, marketplace, the company announced Monday. Coincheck originally announced that it was considering launching an NFT platform in… Continue reading Japanese exchange Coincheck to list fan tokens by Chiliz and Socios

Nexo Introduces In-app Cryptocurrency Exchange Service

Key Takeaways The tool allows for instant limitless native trades of all digital and fiat currencies supported by Nexo. The Exchange’s “Smart Routing” system offers a more favorable quote than manually executed swap. The proprietary service facilitates the acquisition and exchange of NEXO Tokens. Nexo, the leading regulated financial institution for digital assets with over… Continue reading Nexo Introduces In-app Cryptocurrency Exchange Service

Dutch Bitcoin exchange drags central bank to court over wallet KYC rule

Dutch Bitcoin exchange platform, Bitonic, has filed a preliminary injunction at a Rotterdam court seeking the suspension of a wallet verification rule enacted by the central bank. Back in November 2019, De Nederlandsche Bank, or DNB, mandated crypto exchanges to ensure their users comply with stringent Know Your Customer protocols. These rules included verification steps… Continue reading Dutch Bitcoin exchange drags central bank to court over wallet KYC rule

Singapore Exchange to streamline trading processes with blockchain tech

The use of DLT can bring efficiencies to many aspects of the lifecycle of financial products, from listing and issuing, through to settlement of trades. Singapore’s stock exchange, SGX, has announced a joint venture with investment firm, Temasek, to use distributed ledger technology to streamline the issuance and trading of financial products listed on its… Continue reading Singapore Exchange to streamline trading processes with blockchain tech

Brazil’s top exchange announces international expansion after raising $38M

Brazil’s largest Bitcoin exchange, Mercado Bitcoin, has announced plans to expand across Latin America. Chief executive Reinaldo Rabelo named Chile, Mexico, and Argentina as among the jurisdictions it will expand into first, comparing the “regulatory culture” in those countries to Brazil’s. According to Useful Tulips, Mexico is currently the fourth-largest Latin American country by peer-to-peer… Continue reading Brazil’s top exchange announces international expansion after raising $38M

Breaking: Crypto Exchange Livecoin Announces Closure After Failing to Resolve Issues Post Hack

Livecoin, one of the largest Russian exchanges just announced that it will be closing down operations. The official announcement noted that the exchange could not recover from the financial and technical losses incurred due to a hack in December 2020. Thus they have decided to seize their operations and return the remaining funds to their… Continue reading Breaking: Crypto Exchange Livecoin Announces Closure After Failing to Resolve Issues Post Hack

New York Stock Exchange reverses course, will not delist Chinese telecoms: WSJ

Fox Business Flash top headlines for January 4 Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. The New York Stock Exchange reversed its decision to delist China’s three largest telecommunications companies, after consulting with regulatory authorities about a recent U.S. investment ban. Continue Reading Below In a statement released Monday… Continue reading New York Stock Exchange reverses course, will not delist Chinese telecoms: WSJ