Category: Exchange

Exchange Platform Cobinhood Accused of Orchestrating Exit Scam

Twitter user @SandorReport tweeted on May 20, 2019, that cryptocurrency exchange Cobinhood had pulled an exit scam after it suspiciously filed for bankruptcy and appointed a liquidator to lay off its entire staff. The exchange, however, has not yet confirmed nor denied the accusations levied against it. Another Exit Scam […]

Coinbase Earn Services Now Available in More than 100 Countries

On May 17, 2019, major cryptocurrency exchange Coinbase announced that it has expanded its Coinbase Earn initiative to more than 100 countries. Towards a More Inclusive Cryptoeconomy The U.S.-based cryptocurrency exchange platform introduced Coinbase Earn in 2018, which allows users to earn digital currencies for answering quizzes, completing simple tasks, […]

Sports Blockchain Startup Chiliz Enters Strategic Partnership with Binance Chain

According to a press release published May 17, 2019, sports and entertainment blockchain startup Chiliz (CHZ) partnered with Binance Chain to give the crypto industry exposure to popular global brands in the sports industry. Bringing Crypto onto the Football Pitch Looking to bridge the gap between mainstream culture and the […]

Bitfinex Cryptocurrency Exchange Gives Details on Utility Token LEO

Hong Kong-based cryptocurrency exchange Bitfinex on May 17, 2019, revealed details about its utility token UNUS SED LEO. The native cryptocurrency will officially commence trading on Bitfinex from May 20, 2019. Bitfinex’s Answer to Binance’s BNB The rapidly increasing number of cryptocurrency exchanges has no doubt heated up market competition. […]

Circle’s Poloniex Exchange Delists Nine Altcoins from U.S. Markets

Poloniex, the cryptocurrency exchange run by Circle Internet Financial, has announced the delisting of nine altcoins from its United States markets starting from May 29, 2019, citing regulatory uncertainties, according to a blog post on May 16, 2019. Poloniex Avoiding SEC Trouble In a bid to keep operating in compliance […]

Huobi Launches Fiat and Crypto OTC Service Trading in Gibraltar

Huobi Group, the parent company of Huobi cryptocurrency exchange has launched a fully regulated crypto-to-crypto and fiat-to-crypto over-the-counter (OTC) trading desk in Gibraltar, specifically for institutional investors and high-volume traders, according to a blog post on May 15, 2019. Huobi making life Easier for Institutional Investors As stated in its […]

Report: Mass Withdrawals from Exchanges Could be Behind Bitcoin’s Price Rally

Citing data from blockchain research firm TokenAnalyst, Bloomberg reported on May 15, 2019, that the current boom in the price of bitcoin (BTC) might just be the consequence of investors withdrawing their holdings from large exchanges due to renewed ambiguity surrounding their financial health. Bitfinex Tether Fiasco Could have Indirectly […]

SFOX Crypto Traders to be Insured with FDIC Protection

Cryptoasset prime dealer and trading platform SFOX revealed that they have partnered with the New York-based M.Y. Safra Bank to offer its trader with deposit accounts insured by Federal Deposit Insurance Corp. This according to a Bloomberg report published May 14, 2019. First Ever for Crypto Investors Given the magnitude […]