Source: iStock/Nelson_A_Ishikawa Crypto exchanges in Latin America are increasingly becoming embroiled in bitter struggles with domestic banks, with many banks moving to block trade with trading platforms. Bradesco, one of the biggest banks in Brazil, appears to have won its fight against the Brazilian Association of Cryptocurrency and Blockchain firms (ABCB), a group of domestic…
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Barely a day goes by without news coming out of South Korea’s cryptocurrency exchanges. The country has a wide array of trading platforms, mostly based in the affluent Gangnam region of Seoul, housed in plush, shiny new office buildings. But in this hyper-competitive, super-trendy trade, who pays the biggest salaries? Who hires the most staff?…
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The Singapore-based COSS cryptocurrency exchange has announced that it will deny its 200,000 customers from accessing to around USD 2 million worth of funds for the following three to four weeks while its site undergoes maintenance. On Tuesday, COSS told users there was no call for “panic,” but admits it had been planning its move…
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The world of cryto, and funds in general, is a dangerous place as it’s intriguing to many types of bad players, all of which are targeting our coins, just waiting for an opportunity to put their fingers into our wallets. That’s why the wallet creators are in a constant race of who can offer a…
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Source: iStock/Sean_Kuma Cryptocurrency exchange Huobi Japan has struck a partnership with Japan Net Bank, an online bank. The deal, per a press release, will allow Huobi Japan customers to make fast yen deposits with a processing time of around 20 minutes at both Japan Net Bank itself, as well as the Sumishin SBI Net Bank.…
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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 South Korean market-leading exchange Upbit will resume deposits/withdrawals following what many have assumed was a security breach in November last year. Large amounts of altcoins were Read more »Pay,…
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American and international regulators and cyber police forces intensified their scrutiny of cryptocurrency exchanges last year – with the Kraken platform stating that it was hit with a whopping 710 information requests from global law enforcement agencies in 2019. The company bemoaned its fate, claiming that compliance is becoming increasingly expensive and burdensome for Read…
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Brian Armstrong. It will be as normal for the majority of tech startups to have a crypto component by the end of this new decade as it’s normal for the contemporary ones to use the internet and machine learning, says the CEO of major cryptocurrency exchange Coinbase, Brian Armstrong. Cryptocurrency will be shifted from trading…
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Michael Arrington. Source: a video screenshot, Youtube, Beyond Blocks One of the crypto world’s most prominent advocates believes that the current tech climate makes 2020 an “exciting time to be alive” for early movers – although public, crypto-themed social media rants must stop. Michael Arrington, a partner at Arrington XRP Capital and the founder of…
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As the competition among crypto companies is changing, it’s making financial services more accessible and cheaper, says popular crypto researcher known as Hasu in the latest analysis. While coming from different directions, all crypto companies share the same goal of eventually becoming crypto banks, says the analysis written by Hasu and several other contributors on…
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