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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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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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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Coinbase Goes to Battle With Binance, Looks to Add 8 New Cryptocurrencies

While Coinbase is still the place many Americans go for their first cryptocurrency purchase, another crypto exchange has them backpedalling. As the Malta-based exchange Binance continues its rise to the top, Coinbase is making moves to ensure they don’…

‘Coinbase Effect’ Makes Little-Known Cryptocurrency Go Bananas

Coinbase announced the potential addition of several new cryptocurrency assets this week. One of them, Matic Network (MATIC) jumped by over 60% in the 24 hours since the announcement. Little-Known Cryptocurrency Gains Over 60% With $100 Million Volume With a volume of nearly $100 million, the Matic price rose from just over 99 satoshis or […]

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North Korea’s $2 Billion Crypto Exchange Thefts Funds Kim’s Nukes: UN Report

A confidential United Nations report has revealed that North Korea raked in approximately $2 billion by hacking cryptocurrency exchanges as well as mainstream financial institutions, according to Reuters. The hermit kingdom has subsequently channeled the stolen funds to its nuclear and missile program. The report that was prepared for the North Korea sanctions committee of […]

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Trump DOJ Sues Infamous Bitcoin Exchange for $100 Million

The Trump administration has filed a $100 million lawsuit against infamous bitcoin exchange BTC-e and its alleged operator, Russian national Alexander Vinnik. Vinnik, who remains in custody in Greece as governments worldwide jockey to extradite him, st…