Source: Instagram, Binance Binance has revealed that it is “preparing to launch trading services for users in Japan” – and is currently in advanced talks with the operator of Yahoo Japan, which runs a licensed cryptocurrency exchange in the country. In an official post, Binance stated that it has “entered into a strategic partnership discussion”…
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Poland’s competition regulator the UOKiK has warned the public about against the alleged scamcoin DasCoin. The watchdog also orders the token’s operator to cease its “illegal activities.” The token was exposed as a scam in May last year, following on from a probe into the DasCoin creators instigated by Polish prosecutors. The regulator said, in…
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Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Exchanges news Gemini Trust Company, a cryptocurrency exchange and custodian, said it launched Nakamoto, Ltd., a captive insurance company licensed by the Bermuda Monetary Authority (BMA) to Read more »Pay, Trade,…
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Criminals made some USD 2.8 billion worth of illegal transactions using bitcoin (BTC) on cryptocurrency exchanges last year, alleges a new report – with Binance and Huobi overwhelmingly their platforms of choice thanks to corrupt OTC brokers. The report was compiled by blockchain analytics provider Chainalysis, which said that “illicit cryptocurrency” transactions at Read more…
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Source: iStock/ma-no Nervous South Korean cryptocurrency exchanges are preparing to renew their banking deals with domestic banks – with media reports claiming exchanges are feeling “pessimistic.” Per Newsway, the country’s “big four” exchanges, the market-leading Bithumb, Upbit, Coinone and Korbit, are “putting all their energy into preparations” ahead of contract talks with the Read more…
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U.S.-based crypto exchange Kraken has finalized its takeover of Australia’s Bit Trade which brands itself as the country’s longest-running cryptocurrency financial services company. Bit Trade says it operates a blockchain asset investment and portfolio management platform, enabling customers with access to a number of crypto exchanges with the use of the company’s Read more »Pay,…
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In a dramatic turnaround, the largest single shareholder of South Korean crypto exchange Bithumb has pulled out of a lawsuit that could have threatened the very existence of the domestic market-leading platform. Vidente, which in November last year sealed a deal to purchase a 34.24% stake in Bithumb from holding company Bithumb Holdings, had decided…
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The UN will reportedly issue a warning to cryptocurrency developers and experts planning to attend a cryptocurrency conference in North Korea in February – stating that attendees could risk violating sanctions. Per Reuters, which says it has seen “a confidential report due to be submitted to the UN Security Council later this month,” international developers…
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As so many crypto startups hit the buffers fast while others experience sky-high growth, could there be a roadmap to crypto-powered success? One major venture capital company thinks it has come up with an answer – and has outlined some “golden rules” that cryptocurrency-themed startups should follow if they hope to make it big in…
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Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Adoption news Securitize, a security token platform, said it has facilitated the “first-ever” investment into a security token offering (STO) from an individual retirement account (IRA). By Read more »Pay, Trade,…
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