Estonian crypto exchange BitBay has now been offline for eighteen hours now, sparking concern among users. Estonia-based cryptocurrency BitBay has been offline for 18 hours now, citing problems caused by a third-party service provider. On March 26, BitBay tweeted that it was struggling with a “network problem” resulting from their “external service provider.” The exchange…
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Coinbase Wallet integrates support for DeFi protocols Compound and dYdX allowing users to lend crypto. Leading U.S.-based cryptocurrency exchange, Coinbase, has integrated support for decentralized finance (DeFi) protocols on its wallet app. Per a March 26 announcement, Coinbase Wallet will now allow users to earn interest on cryptocurrencies through the DeFi apps, Compound, and dYdX.…
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Speaking to Cointelegraph, Binance’s VP of futures explains how the firm managed to become one of the top crypto futures trading platforms. Aaron Gong, vice president of futures at major cryptocurrency exchange Binance, explained to Cointelegraph how the firm managed to become one of the top crypto futures trading platforms. As Cointelegraph reported earlier this…
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Mt. Gox court cases see no end as creditors continue to wait for their funds, but could another event like Mt. Gox take place given the current market volatility? Mt. Gox’s creditors will meet today, March 25, as part of a compensation process that seems to go on and on. This news comes at a…
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Cryptocurrency exchange Bitfinex deployed its proprietary market surveillance tool to combat market abuse on the platform called “Shimmer.” Cryptocurrency exchange Bitfinex deployed its proprietary market surveillance tool to combat market abuse on the platform called “Shimmer.” According to an announcement shared with Cointelegraph on March 24, Shimmer is meant to identify and investigate possible manipulative…
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While March 2020 has been one of the most volatile and unprofitable months for Bitcoin holders, exchanges profited greatly from this uncertainty. While March 2020 has been one of the most volatile and unprofitable months for Bitcoin holders, exchanges have benefited greatly from this uncertainty. March 12 selloff spike in volume The main source of…
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The $3 million investment in India’s largest crypto exchange comes from firms like Bain Capital, Polychain, and HDR Group. A recent funding round has just added quite a bit to an Indian crypto exchange’s coffers. Mumbai-based exchange CoinCDX announced on March 24 it had received $3 million in new funding. The Series A round was…
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OKEx Director of Financial Markets Lennix Lai explains why crypto is a perfect fit for people who want to earn passive income. First, there were property rents. Then came interests. As modern civilization evolves, people always find new ways to earn money without actually producing, or even doing all that much. This concept is today…
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Institutions partner with blockchain startup, Toyota builds a blockchain identity platform, & more headline news from Japan this week. This week’s headlines from Japan included exchange self-regulatory organization, JVCEA, suggesting guideline changes, financial institutions collaborating with a blockchain startup for asset management, GMO Coin exchange listing BAT, and news that Toyota has built a blockchain-based…
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The co-founder of Bitcipher Labs has been arrested for stealing $480,000 in BTC from the exchange weeks after quitting. A woman was arrested in Bengaluru, India on March 17 for allegedly stealing 63.5 Bitcoins (BTC) from Bitcipher Labs — a cryptocurrency exchange that she had previously co-founded. The thefts took place on January 11 and…
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