Tag: Platform

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Leading Eastern European Exchange Exmo Sells Business in Russia, Belarus

Exmo, a U.K.-based crypto exchange with extensive presence in Eastern Europe, is pulling out of Russia, Belarus and Kazakhstan. The trading platform, Exmo.com, says it’s making the move to avoid jeopardizing its expansion in other regions by operating in high-risk markets like these. The business has been sold to a Russian vendor, alongside rights to…
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Germany Shuts Down Hydra Market, Seizes Servers and Bitcoin

Law enforcement agencies in Germany have targeted Hydra, a leading darknet market (DNM). As part of an operation conducted with U.S. support, the German police were able to establish control over the servers of the Russian-language platform in the country and take down its website. Investigators Hit Hydra in Germany, Confiscate Millions in Crypto …
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Motorcycle expert turns passion project into sports analytics platform on blockchain

Scott Robinson, the founder of Apex146, found new opportunities for his sports analytics platform by integrating blockchain technology. Skill sets gained from working on trading strategies, technology, data science and a personal passion for motorcycle racing made Scott Robinson launch a sports analytics platform. With a bit of blockchain added to the mix, the founder…
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Bank of Russia Sees No Place for Crypto in Financial Market, Finalizes Digital Ruble Prototype

In advance of presenting its comprehensive view on crypto regulations, the Central Bank of Russia has indicated that it sees no place for cryptocurrencies in the country’s financial market. The monetary authority also announced that the prototype of the platform for its own digital currency is already completed. Bank of Russia to Issue Report on…
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Crowdfunding Platform Kickstarter Will Shift to Blockchain-Based Model

Kickstarter, one of the leading crowdfunding platforms on the market, has decided to abandon its current business model and migrate to a blockchain-based platform. This will be built by an independent organization funded initially by Kickstarter to work on the protocol. The new platform will be built on top of the Celo blockchain. Kick-Starting…
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Mercadolibre to Allow Users to Invest in Cryptocurrencies From Its Platform

Mercadolibre, one of the biggest online retailers in Latin America, has started rolling cryptocurrency trading services to a selection of their customers and plans to expand this test in the coming weeks. Mercadopago, the payments service native to the platform, will allow these customers to purchase, hold and sell cryptocurrencies directly from the platform. The…
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Russians to Pay Fees on Digital Ruble Transactions, Central Bank Says

Users of Russia’s central bank digital currency are going to pay a fee for each transaction, a high-ranking representative of Bank of Russia has recently announced. The digital ruble charge, however, is not going to exceed those currently applied to fast payments in the country. Bank of Russia to Charge for Digital Ruble Transfers The…
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Russia Fails to Act on Request to Help Freeze Millions in Crypto Withdrawn From Wex Wallet

The Russian Ministry of Interior has rejected a request filed by clients of Wex to do its part in the blocking of crypto funds removed from a wallet controlled by the now-defunct crypto exchange. Over 10,000 ETH have been recently withdrawn from the wallet and transferred to other platforms. Wex Victims Try to Freeze $46…
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TradingView completes new funding round with $3B valuation

Financial charting provider TradingView secured $298 million in a new funding round led by Tiger Global. TradingView, the price charting platform used as a reference for price movements of cryptocurrencies and other assets, has secured $298 million in funding round to attain a $3 billion valuation. Led by TradingView’s new investor Tiger Global, the funding…
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Payments firm Nuvei launches support for 40 cryptos including Reddcoin and DOGE

Payment provider Nuvei has launched support for nearly 40 crypto assets including lesser-known coins from previous market cycles, such as Reddcoin, Steem, Bitcoin Gold, and Siacoin. E-commerce merchants can now transact in nearly 40 cryptocurrencies through global payment platform Nuvei.  According to the announcement, merchants partnered with the payment provider can use an array of…
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