Bakkt Is Finally Taking Bitcoin Deposits, but You Wouldn’t Know It

Bakkt has been hailed as the leading catalyst for the bitcoin market this year, while visions of institutional capital danced in the crypto community's collective heads. Today the bitcoin futures exchange made one giant leap toward its official launch by opening up Bakkt Warehouse Custody, which is the arm of the business that will keep […]

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Hurricane Dorian Relief Effort Enlists an Unlikely Ally: Bitcoin

The Hurricane Dorian relief effort has teamed up with an unlikely ally to help the Bahamas recover from the devastation wrought by the storm: Bitcoin. Coinbase & Bitpay facilitate Bitcoin donations for Hurricane Dorian recovery This has become possible after Lend a Hand Bahamas, a charity organization based on the Caribbean island nation, set up […]

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Binance & BitMEX Kiss and Make Up After Plagiarism Accusation

Binance and BitMEX shared a social media bro hug after the latter publicly accused its fellow cryptocurrency exchange of plagiarizing documentation featured in its recently-launched crypto derivatives testnet. On Wednesday, the BitMEX Twitter account ribbed Binance over its testnet launch, highlighting apparent plagiarism in the two platforms' documentation. Congrats on the Testnet Futures launches @binance. […]

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Crypto Fever Plummets 14% in Japan Amid Bitcoin Exchange Sweeps

Interest in cryptocurrencies like bitcoin tumbled 13.9% in Japan, according to the country's financial regulator. In data posted Sept. 3, the Financial Services Agency (FSA) says the volume of crypto-related inquiries fell in the latest quarter. The office handled 494 inquiries about crypto assets in the second quarter ended June 30. That's a 13.9% decline […]

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Turkish Bitcoin Exchange Becomes Football’s First-Ever Crypto Shirt Sponsor

By CCN Markets: Bitcoin and other blockchain networks continue to make headwinds in the sporting arena thanks to the latest partnership between Bitcoin exchange BtcTurk and first-division football club Yeni Malatyaspor. As revealed on Reddit, the stalwart Turkish crypto company recently signed a sponsorship agreement with the club that will feature its logo on the […]

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Bitcoin Bulls Bask in Latest Legal Defeat for Bitfinex & Tether

By CCN Markets: The bitcoin price moved higher on new legal developments in the ongoing wranglings involving Bitfinex and Tether. On Monday, the New York Supreme Court ruled that the matter between the state’s Attorney General and iFinex can continue. It’s the parent company of the exchange Bitfinex. The ruling paves the path for the […]

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We Finally Know Why Coinbase UK Dumped ‘Anonymous Crypto’ Zcash

By CCN Markets: Coinbase users in the UK continue to get bad news, with the latest impacting Zcash holders specifically. The rumor mill began to churn this week when the cryptocurrency exchange unexpectedly dumped ZEC. Now there’s finally confirmation for at least one of the reasons that were bandied about. UK-based banking giant Barclays severed […]

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Why Zcash Suddenly Became the Crypto Market’s Black Sheep

By CCN Markets: The privacy-focused cryptocurrency Zcash has fallen by nearly 15 percent this week as Bitcoin’s dominance approaches 70 percent. According to CoinMarketCap, Zcash was trading at slightly over $66 seven days ago but is now just under $56, a decline of approximately 15 percent that forced its market cap below $400 million. Among […]

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Binance Rebukes ‘KYC Leak FUD’ as Controversy Roils Bitcoin Giant

Binance is currently running interference against what it views as a “fear, uncertainty, and doubt” campaign against the Bitcoin exchange giant. The objective of its perceived attackers seems to be making Binance users believe that their know-your-customer or private information is not private at all. The Alleged Leak That Won't Go Away Rumors of a […]

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Judge: Coinbase ‘Incompetent,’ But No Fraud in Bitcoin Cash Launch

The Northern District Court of California has slammed Coinbase's ‘incompetence’ over its controversial Bitcoin Cash launch in 2017. The court denied a renewed motion by the company to force arbitration against plaintiff Jeffrey Berk, but dismissed allegations of fraud against Coinbase. “Moreover, while the factual allegations paint a compelling picture of an incompetent launch by […]

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