Huobi Lists Four ‘Regulated’ Stablecoins Vying for Tether’s Crown

Huobi Global is set to list four new stablecoins, namely Paxos Standard (PAX), Gemini Dollar (GUSD), TrueUSD (TUSD), and USDCoin (USDC) later this week. In an announcement on its website, the cryptocurrency exchange revealed that the four new assets will go live on Oct. 19. Huobi’s New Listings PAX, a newly launched digital asset is

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Binance Uganda to Begin Accepting Deposits in Ugandan Shilling, BTC & ETH

Months after announcing the launch of Uganda’s first-ever fiat-crypto exchange, Binance has made another step towards facilitating cryptocurrency trading in the East African country. Beginning October 17, users will be able to make deposits to Binance Uganda in the leading cryptocurrencies bitcoin and ethereum as well as in Ugandan Shillings. This will allow trading in

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Bitcoin Exchange Bitfinex Announces New Reporting Tools for Users

BitfinexBitfinex has announced that launch of a new suite of reporting tools intended to help users gain greater control over their trades and give them useful insights into their activities on the platform. In a blogpost on its website, Bitfinex revealed that the tools are designed to enable users gain unlimited insights by viewing as

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Why Investors are Highly Optimistic in Acquisition of Korea’s Largest Crypto Exchange

bithumbOn October 12, CCN reported that BK Global Consortium, the parent company of Singapore-based BK Medical Group, has acquired a 50 percent stake in Bithumb, South Korea’s largest crypto exchange. Kim Byung-gun, a prominent plastic surgeon and blockchain investor, finalized the deal between BK Global Consortium and Bithumb, officially acquiring the leading cryptocurrency trading platform

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Crypto Giant Gemini Hires Former Wall Street COO to Head Operations

Crypto exchange Gemini has announced the arrival of Jeanine Hightower-Sellitto, who joins the team as the Managing Director in charge of Operations. A former Wall Street COO, Jeanine brings over a decade of experience to the company, which is owned by crypto investment duo Cameron and Tyler Winklevoss. In a Medium post published by co-founder

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Crypto Exchange Zaif Reveals Customer Compensation Plan after $60 Million Hack

Japan Bitcoin Exchange ZaifAfter waiting for over three weeks for a compensation strategy, victims of the Zaif cryptocurrency exchange hacking can now sigh with relief as the owner of the Japanese exchange has put forward a plan. Tech Bureau, which owns the Zaif cryptocurrency exchange, has announced that it will sell its entire stake to Fisco Digital Asset

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Brazil: XP Investimentos’ Crypto Exchange Won’t Let Users Deposit or Withdraw Bitcoin

brazil bitcoin cryptocurrencyThe website of XDEX, the cryptocurrency exchange launched by Brazil’s biggest investment firm, XP Investimentos, is already up and accepting pre-registrations. It adds a few details on the crypto exchange, including that users won’t be able to send BTC to and from their personal wallets. The website, first spotted by local news outlet Portal do

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Major Canadian Crypto Exchange QuadrigaCX Clashes with Bank over $22 Million in Frozen Funds

QuadrigaCXQuadrigaCX, Canada’s largest cryptocurrency exchange has been denied access to CA$28 million of its funds domiciled in the Canadian Imperial Bank of Commerce (CIBC) since January 2018. The company, based in Vancouver has reacted furiously after the bank decided to freeze several accounts operated by Quadriga’s payment processor. Legitimate Question or Conjecture? The Globe and

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While Major Crypto Exchanges Flourish, Minor Platforms Struggle in Bear Market

bitcoin cryptocurrency exchangeThe world’s largest crypto brokerage Coinbase is reportedly close to finalizing a $500 million funding round at a valuation of $8 billion, and Binance has started to become more active in the investment sector, funding blockchain startups internationally. While major cryptocurrency exchanges like Coinbase, Binance, and BitMEX are seeing their businesses flourish with lucrative business

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London Cryptocurrency Exchange Coinfloor Announces Layoffs amid Prolonged Bear Market

bitcoin cash futures UK exchangeCoinfloor, the oldest bitcoin exchange in the U.K., will lay of most of its 40 employees, according to two sources interviewed by the Financial News. The layoffs at the London-based exchange are in response to “significant” change in market volume, according to Obi Nwosu, Coinfloor’s chief executive, and are seen as a setback for the

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