Coinsquare to Launch IPO on TSX — Hopes to Compete With Coinbase

This week the well known Canadian digital asset exchange, Coinsquare announced its plans to launch an initial public offering (IPO) hoping to raise $150 million CAD ($120Mn USD). Coinsquare hopes the funding will help the platform be a direct competitor with cryptocurrency brokerage services like Coinbase and other U.S. based exchanges. Also read: Russia Finalizes Federal Law … Read more

Visa and Mastercard Now Charge an Additional Fee for Buying Cryptocurrency

There are many reasons why so many people use the Coinbase exchange. One of the main factors is that the company supports both credit and debit cards to buy Bitcoin and other supported currencies. Unfortunately, it seems there are some issues with these payment methods. A lot of customers have complained about extra charges when using a … Read more

Canadian Financial Service Versabank Launches Digital Asset Vault

The well known Canadian financial institution Versabank has announced it is in the midst of building a new vault initiative for customers so they can securely store digital assets. Versabank’s latest creation will be called, ‘Versavault,’ a platform focused on storing all kinds of digital properties including cryptocurrencies, but with the security and trust that comes … Read more

Coinbase Is Making $2.7 Million a Day

Running a major cryptocurrency exchange can be a logistical nightmare, but the rewards make it all worthwhile. In information released to shareholders this week, Coinbase revealed that it recorded turnover of $1 billion last year, which works out at an astonishing $2.74 million a day or $2,000 a minute. Also read: South Korean Card Companies Block … Read more

Consumer Protection Association Slams Bank for Blocking Transfers to Bitcoin Exchanges

From Israel to Australia, commercial banks in various parts of the world have tried preventing people from entering the cryptocurrency market by blocking money transfers to bitcoin exchanges. Now the largest consumer association in Portugal has called out a local bank for trying to do the same. Also Read: U.S. Rating Agency to Issue Bitcoin … Read more

Coinbase to Reopen the GDAX Bitcoin Cash-Euro Order Book

Many European cryptocurrency investors are about to get another venue for investing in bitcoin cash with their regional fiat. The GDAX exchange will start offering BCH/EUR trading again in just a couple of days. Also Read: Bitcoin Cash Added to Keepkey Wallet, Exchanges in India and Hong Kong BCH/EUR on GDAX GDAX exchange, a subsidiary … Read more

Blockchain Rolls Out Trading Feature for 22 States in the U.S.

This week the UK-based company Blockchain has announced it has begun to roll out buying and selling features for U.S. residents. Starting now Blockchain Wallet users from 22 states can sell units of bitcoin core from within the wallets interface and other digital assets like bitcoin cash and ethereum will soon follow. Also read: Markets Update: … Read more