Tag Archives: Bitcoin Exchange

Crypto Exchange Huobi Dismisses 6 of Its 10 Employees in Brazil: Report

Advertisement Twitter Facebook LinkedIn Major cryptocurrency exchange Huobi has recently dismissed 60% of its workforce in Brazil, a country it entered a few months ago. While the motive behind the move is currently unclear, competition in the country could be the culprit. According to local news outlet Portal do Bitcoin, Huobi Brazil’s CEO Frank Tao confirmed over the… Read More »

Has Crypto Exchange KuCoin Proven its Legitimacy by Raising $20 Million?

Advertisement Twitter Facebook LinkedIn Singapore-based KuCoin, a major crypto exchange with an active and loyal user base, has secured $20 million in a funding round led by $20 billion venture capital firm IDG. Michael Gan, the CEO of KuCoin, wrote, “Today, we are thrilled to announce that we have closed our Series A Round of Funding, raising $20… Read More »

Crypto Exchange OKCoin Expands to Latin America & Opens Fiat Market

Advertisement Twitter Facebook LinkedIn Popular cryptocurrency exchange OKCoin has recently revealed, through a press release shared with CCN, that it expanded to the Latin American market, with a platform that’s set to let users trade top cryptocurrencies against local fiat currencies. According to the release, OKCoin’s expansion to Latin America comes after it became a fully licensed platform… Read More »

The Only Regulated Bitcoin Exchange in Germany Will Become A Bank in 2019

The operator of Germany’s only regulated cryptocurrency exchange has confirmed it will de facto become a bank after securing a 100 percent takeover of Tremmel Wertpapierhandelsbank. Bitcoin.de Buys Tremmel Wertpapierhandelsbank Bitcoin Group SE, which operates Bitcoin.de, will be able to offer a raft of services connected with cryptocurrency thanks to a banking license once the deal goes through.… Read More »

Poloniex Requires 2,000 Confirmations for Bytecoin Transactions

Advertisement Twitter Facebook LinkedIn If you want to trade Bytecoin on Poloniex, you’re going to have to wait a significant amount of time, CCN has learned. This reporter decided to enter the BCH pre-fork trading at the exchange and wanted to use his Bytecoin holdings as part of that process. He withdrew them from where they were held… Read More »

Bitfinex: New Fee Policy Suggests $30,000 Fee to Withdraw $1 Million

Cryptocurrency exchange platform Bitfinex recently released an updated fee structure for fiat withdrawals. The twelfth-largest exchange also revealed that it processed more $1 billion in fiat withdrawals throughout October 2018. Three Percent In an announcement published on the platform’s website on Sunday (November 11, 2018), Bitfinex revealed its new fee structure. According to the statement, customers making more… Read More »

Binance CEO: Market Still in Good Position — Real Crypto Volume 2x Larger Than Reported Stats

Advertisement Twitter Facebook LinkedIn In an interview on CNBC Crypto Trader hosted by Ran Neuner, Binance CEO Changpeng Zhao (CZ) stated that the crypto market and Binance are still in a good position even after nearly a year of downward price movement. Binance Maintaining Healthy Business Over the past 11 months, the cryptocurrency market has lost more than… Read More »

Cryptocurrency Exchange Giant Binance Launches Research Division

Advertisement Twitter Facebook LinkedIn Binance announced around midnight Chinese time yesterday that it is branching beyond being an enterprise-quality consumer token exchange with the launch of Binance Research, an investigative subproject which relays in-depth, objective information on upcoming tokens – presumably, tokens listed on the exchange. Binance Research is a new pillar of the Binance ecosystem, focused on… Read More »

Stablecoin Wars: Poloniex Eliminates USDC Trading Fees in Bid to Boost Volume

Advertisement Twitter Facebook LinkedIn In case you missed it, Poloniex, one of the major altcoin exchanges, was acquired by Circle in February. Previously, Circle was focused primarily on the major coins versus fiat pairings, but since its acquisition of Poloniex it has had the opportunity to dive into more tokens, and in September it launched its own stablecoin… Read More »

Lawyer: Don’t Overestimate Bakkt’s Impact on the Crypto Market

Advertisement Twitter Facebook LinkedIn Jake Chervinsky, a government enforcement defense and securities litigation attorney at Kobre & Kim LLP, has stated that while there are some positives in the entrance of Bakkt into the crypto market, its impact on the emerging asset class is yet to be determined. Throughout the past several weeks, Bakkt has been considered as… Read More »