Tag: cryptocurrency exchange

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Brave Browser Brings Binance Integration to All Desktop Users

The Binance widget was previously only available for the Brave Nightly and Beta versions. Privacy-focused web browser Brave has integrated the Binance widget into the latest stable release across all of its desktop offerings.  An announcement on April 30 notes that the widget is enabled by default, placing the Binance cryptocurrency exchange in front of…
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Noted Tax Haven Cayman Islands Sees New Bills to Bring Local Crypto to FATF’s Heel

In new legislation, the Cayman Islands is looking to clarify rules on crypto exchanges, including registration and sandbox licensing. On April 28, the legislative assembly of the Cayman Islands gazetted five new pieces of legislation governing crypto businesses — especially exchanges.  How the new legislation would change the Cayman Islands’ crypto industry The Virtual Asset…
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CZ Blames ‘Self-Perceived Competitors’ for New DDoS Attacks on Binance

The world’s largest crypto exchange, Binance, faced a series DDoS attacks on its Chinese domains on April 29. The world’s largest cryptocurrency exchange, Binance, has faced a series of distributed denial of service, or DDoS, attacks on its Chinese domains earlier today. Binance CEO and founder, Changpeng Zhao, or CZ, tweeted about the attacks on…
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Facing Mounting Regulation, BitMex Closes Japan Service

BitMex, one of the world’s biggest crypto derivatives exchanges, is executing the new regulation orders and closing its services to all Japanese traders. BitMex, one of the world’s biggest crypto derivatives exchanges, announced on April 28 that it will close services to Japan residents starting May 1 amid new Japanese regulations. Earlier this month, the…
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South Korean Police Trace 40 People Behind Crypto Payments In Child Porn Ring

Almost 40 people involved in the “Nth Room” case were identified by South Korean authorities. South Korean authorities have managed to trace the digital fingerprints of at least 40 people suspected of having paid with cryptocurrencies to access videos of rape and sexual exploitation of minors in the context of the “Nth Room” case. According…
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Japanese Exchange bitFlyer Blockchain Arm Launches Consulting Service

With new laws on digital assets taking effect soon in Japan, a bitFlyer subsidiary started offering consulting on blockchain technology. One of the largest cryptocurrency exchanges in Japan and one of the biggest Bitcoin brokers worldwide just announced their blockchain arm would be starting consulting services to address requests from new businesses on blockchain technology.…
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One-Man Crypto Company Crushed by Netherlands’ AMLD5 Implementation

A one-man crypto savings platform has announced it will cease operating amid Holland’s implementation of Europe’s AMLD5 anti-money laws. Dutch Bitcoin (BTC) savings platform, Bittr, has decided to cease operations ahead of Holland’s introduction of the EU’s AMLD5 anti-money laundering, or AML, regulations. Bittr’s closure follows criticism of the Netherlands’ implementation of AMLD5 — reportedly…
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Total Crypto Derivatives Volume in Q1 2020 Spikes 314% from Q4 2019’s Average

Total futures trading volume skyrocketed during the first quarter of 2020 in comparison to 2019 data. A study by TokenInsight indicates that the total futures trading volume in the crypto industry reached over $2.1 trillion in Q1 2020. This is an increase of 314% from the 2019 Q4 average. According to the “2020 Q1 Cryptocurrency…
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Binance Sees 2,000% Employee Increase in Under 3 Years

Binance recently broke the 1,000 employee mark, showing tremendous growth since its ICO. Major crypto exchange, Binance, now has over 1,000 employees, showing tremendous company growth since its 2017 start. “When Binance first started in 2017, there were under 50 people,” Binance co-founder, Yi He, told Cointelegraph on April 23. “We have more than 1,000…
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Mysterious Poloniex Downtime Prompts Community Frustration

Cryptocurrency exchange Poloniex experienced unscheduled downtime before resuming trading for all its pairs but GRIN/BTC. Cryptocurrency exchange, Poloniex, experienced unscheduled downtime on April 24 before resuming trading for all pairs except GRIN/BTC. Poloniex announced in a tweet sent that the exchange had to halt its activity due to an unexpected issue. Interestingly, the exchange warns…
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