Circle Internet Financial, one of the markets most well-known and well-funded crypto startups is acquiring crowdfunding firm SeedInvest in order to make it easier for startups to issue digital coins and to allow its customers to trade a greater variety of digital tokens. Major Development in Tokenized Securities SeedInvest was founded in 2012, and is…
Crypto exchanges are doubling down on their promotions, offering customers rebates and entitlements that seem impossible to maintain in the long run. With well over 200 exchanges now in existence, it’s becoming harder to discern between the viable, legitimate crypto venues and the platforms that are more akin to gambling than a marketplace. Fakers taking…
To the casual observer, the difference between a centralized and a decentralized exchange might not be immediately obvious. Put simply, Binance, Coinbase pro, Kraken and Okex are among the most popular platforms for trading crypto — and all operate a ‘centralized’, clearing house style system where a single organization manages the flow of operations on…
Crypto exchanges do not get much bigger than Coinbase which has grown at a phenomenal rate over the past couple of years. The firm has not been deterred one bit by this year’s crypto rout and continues to aggressively expand into new markets and with new products. No Slowing Down into 2019 On Thursday the…
Coincheck, the crypto exchange that lost over $500 million in investors funds in early-2018, is now close to receiving full licensing from Japan’s Financial Services Agency (FSA), signaling that the exchange tightened their platform’s security and cleaned up the management practices that led to the hack. The news regarding the regulatory authority’s decision to issue…
Cryptocurrency exchange, Gemini, announced today that they will be adding support for Litecoin (LTC) beginning on Saturday, October 13th. Investors will be able to deposit LTC into Gemini, but will not be able to trade the cryptocurrency until Tuesday, October 16th. Litecoin will be the fourth digital asset added to the exchange platform and will…
Divisions are forming across Asia with regards to cryptocurrencies. Some nations such as China are constantly stomping on anything to do with crypto assets but others, Thailand being the latest, are opening their digital doors to the fledgling industry. Thai SEC Approves Crypto Exchanges Thailand started out with a heavy handed approach to cryptocurrencies proposing…
The quest to develop and implement the real-world applications of blockchain technology is at its peak as the community races against one another to be the first ones to create something that could soon become the standard for that industry. However, irrespective of the effort, if these initiatives remain obscure, it will amount to nothing.…
Last week we introduced ‘Altcoin Evolution’, NewsBTC’s latest series discussing the market-wide challenges that altcoins face in coming to market. We’ll take a look at a bird’s eye view of a number of different challenges that altcoins face in the general market, starting first with accessibility. Our framework in outlining these challenges will generally…
Ukrainian authorities have allegedly reported that cryptocurrency exchanges are involved in illicit financial activities, including money laundering. Ukraine’s Security Service, known as SBU, has closed down various crypto exchanges reported to have transacted illegally since early 2021. The SBU, in a Wednesday statement, referred to cryptocurrency exchanges as the network of ‘clandestine’- known for their…