Global Digital Currency Exchanges
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Genesis Crypto Brokerage Working to Avoid Bankruptcy Filing, Resolve Lending Business Issues
Genesis, the US crypto brokerage said on Tuesday that it was working to resolve the "current situation in the lending business" without the need for bankruptcy filing, after a report that the firm's creditors were organising with restructuring lawyers in an attempt to stop the brokerage from meeting the same fate as FTX, the crypto exchange that co...
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Binance's Changpeng Zao Flags Possible $1 Billion Fund For Distressed Assets: Report
Cryptocurrency exchange Binance is aiming for a roughly $1 billion fund for the potential purchase of distressed assets in the digital sector, Bloomberg News reported today.
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Honduras Launches 'Bitcoin Valley' In The Tourist Town Of Santa Lucia
People can pay for a slushie withcryptoin the streets of "Bitcoin Valley," a project in the Honduran tourist enclave of Santa Lucia through which the country has entered the digital currency trend.
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Job Cuts? No, Says Crypto Giant Binance And Opens 2,000 Roles For Hiring
Cryptocurrency exchange Binance has opened 2,000 positions for hiring, Chief Executive Officer Changpeng Zhao said on Wednesday, a sharp contrast to a slew of job cuts by companies operating in the digital currency space.
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Bitcoin Has No Future As Payments Network, says FTX's Billionaire Chief: Report
Cryptocurrency exchange FTX's founder has said that bitcoin has no future as a payments network and criticized the digital currency for its inefficiency and high environmental costs, the Financial Times reported on Monday.
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Visa Launches Cryptocurrency Advisory Service for Financial Institutions, Merchants
Visa launched a global crypto advisory service for clients such as banks and also merchants, as the adoption of digital currencies gains steam.
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Tajikistan Join Hands With Fantom Foundation, Orienbank for Blockchain-Based Digital Currency
Fantom Foundation has said it has been enlisted by one of Tajikistan's largest banks to develop a central bank digital currency (CBDC), which will eventually be deployed across the central Asian country. Fantom has signed a memorandum of understanding (MoU) with the OJSC Orienbank, making it one of the first blockchain projects globally to develop ...
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CrossTower, a Global Cryptocurrency Exchange, Enters India Despite Policy Uncertainty
CrossTower cryptocurrency exchange has set up a local unit in India and launched a trading platform to capture the growing domestic crypto market even though the fate of cryptocurrency in India is still unclear.
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Leading Crypto Exchanges Explore Ways To Enter India Despite Potential Ban
According to four sources, who declined to be identified, the U.S.-based Kraken, Hong Kong-based Bitfinex and rival KuCoin are actively scouting the market
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Cryptocurrency Exchange Theft Surges in First Half of 2018: CipherTrace
The CipherTrace report, which looks at the global anti-money laundering market, showed that in the first six months of the year a total of $761 million was stolen from digital currency exchanges.
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Mt. Gox files for bankruptcy, hit with lawsuit
Mt. Gox, once the world's biggest bitcoin exchange, filed for bankruptcy protection in Japan on Friday, saying it may have lost nearly half a billion dollars worth of the virtual coins due to hacking into its faulty computer system.
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Bitcoin exchange Mt. Gox goes dark in blow to virtual currency
Mt. Gox, once the world's biggest bitcoin exchange, looked to have essentially disappeared on Tuesday, with its website down, its founder unaccounted for and a Tokyo office empty bar a handful of protesters saying they had lost money investing in the virtual currency.
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As bitcoin puzzles regulators, advisory likely to warn of risks: report
As regulatory glare increases on the bitcoin globally and exchange rates of the cyber currency become extremely volatile, Indian authorities may soon issue a public advisory to warn against potential risks associated with this new digital currency concept, according to sources.
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US prosecutors indict seven people for 6 billion dollar money laundering scheme
US prosecutors have filed an indictment against the operators of digital currency exchange Liberty Reserve, accusing the Costa Rica-based company of helping criminals around the world launder more than 6 billion dollars in illicit funds linked to everything from child pornography to software for hacking into banks.
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Genesis Crypto Brokerage Working to Avoid Bankruptcy Filing, Resolve Lending Business Issues
Genesis, the US crypto brokerage said on Tuesday that it was working to resolve the "current situation in the lending business" without the need for bankruptcy filing, after a report that the firm's creditors were organising with restructuring lawyers in an attempt to stop the brokerage from meeting the same fate as FTX, the crypto exchange that co...
-
Binance's Changpeng Zao Flags Possible $1 Billion Fund For Distressed Assets: Report
Cryptocurrency exchange Binance is aiming for a roughly $1 billion fund for the potential purchase of distressed assets in the digital sector, Bloomberg News reported today.
-
Honduras Launches 'Bitcoin Valley' In The Tourist Town Of Santa Lucia
People can pay for a slushie withcryptoin the streets of "Bitcoin Valley," a project in the Honduran tourist enclave of Santa Lucia through which the country has entered the digital currency trend.
-
Job Cuts? No, Says Crypto Giant Binance And Opens 2,000 Roles For Hiring
Cryptocurrency exchange Binance has opened 2,000 positions for hiring, Chief Executive Officer Changpeng Zhao said on Wednesday, a sharp contrast to a slew of job cuts by companies operating in the digital currency space.
-
Bitcoin Has No Future As Payments Network, says FTX's Billionaire Chief: Report
Cryptocurrency exchange FTX's founder has said that bitcoin has no future as a payments network and criticized the digital currency for its inefficiency and high environmental costs, the Financial Times reported on Monday.
-
Visa Launches Cryptocurrency Advisory Service for Financial Institutions, Merchants
Visa launched a global crypto advisory service for clients such as banks and also merchants, as the adoption of digital currencies gains steam.
-
Tajikistan Join Hands With Fantom Foundation, Orienbank for Blockchain-Based Digital Currency
Fantom Foundation has said it has been enlisted by one of Tajikistan's largest banks to develop a central bank digital currency (CBDC), which will eventually be deployed across the central Asian country. Fantom has signed a memorandum of understanding (MoU) with the OJSC Orienbank, making it one of the first blockchain projects globally to develop ...
-
CrossTower, a Global Cryptocurrency Exchange, Enters India Despite Policy Uncertainty
CrossTower cryptocurrency exchange has set up a local unit in India and launched a trading platform to capture the growing domestic crypto market even though the fate of cryptocurrency in India is still unclear.
-
Leading Crypto Exchanges Explore Ways To Enter India Despite Potential Ban
According to four sources, who declined to be identified, the U.S.-based Kraken, Hong Kong-based Bitfinex and rival KuCoin are actively scouting the market
-
Cryptocurrency Exchange Theft Surges in First Half of 2018: CipherTrace
The CipherTrace report, which looks at the global anti-money laundering market, showed that in the first six months of the year a total of $761 million was stolen from digital currency exchanges.
-
Mt. Gox files for bankruptcy, hit with lawsuit
Mt. Gox, once the world's biggest bitcoin exchange, filed for bankruptcy protection in Japan on Friday, saying it may have lost nearly half a billion dollars worth of the virtual coins due to hacking into its faulty computer system.
-
Bitcoin exchange Mt. Gox goes dark in blow to virtual currency
Mt. Gox, once the world's biggest bitcoin exchange, looked to have essentially disappeared on Tuesday, with its website down, its founder unaccounted for and a Tokyo office empty bar a handful of protesters saying they had lost money investing in the virtual currency.
-
As bitcoin puzzles regulators, advisory likely to warn of risks: report
As regulatory glare increases on the bitcoin globally and exchange rates of the cyber currency become extremely volatile, Indian authorities may soon issue a public advisory to warn against potential risks associated with this new digital currency concept, according to sources.
-
US prosecutors indict seven people for 6 billion dollar money laundering scheme
US prosecutors have filed an indictment against the operators of digital currency exchange Liberty Reserve, accusing the Costa Rica-based company of helping criminals around the world launder more than 6 billion dollars in illicit funds linked to everything from child pornography to software for hacking into banks.
