Japanese mainstream media outlet Nikkei reported earlier this week that criminal charges could be filed against Binance if it failed to halt its Japan operations. Binance CEO Changpeng Zhao swiftly responded to the report, stating that it was “irresponsible journalism.” On March 22, Nikkei reported that the Japanese Financial Services Agency (FSA) had warned Binance about its operations in Japan and asked the cryptocurrency exchange to stop providing its service to investors based in Japan. Nikkei’s initial report read, “Criminal charges to be filed if Binance fails to halt Japan operations.” However, Zhao revealed that the Binance team had been communicating with Japanese financialPowered by WPeMatico
A class action lawsuit was filed against Coinbase this past Thursday on March 1 accusing the exchange of ‘insider trading’ for the bitcoin cash launch last December. The complaint filed by the plaintiff is demanding a jury trial for losses incurred on behalf of himself and the other customers involved. Also read: Markets Update: Crypto Markets […]
Robinhood has finally launched today its highly anticipated crypto trading for bitcoin and ethereum, allowing its now 4 million investors to trade cryptocurrencies alongside stocks, ETFs, and options on the same platform. The feature is being gradually rolled out to people residing in five American states. Also Read: Bug at Japanese Government-Approved Zaif Exchange Let Users […]
Bitcoin cash (BCH) continues to establish itself as a versatile cryptocurrency, pulled by market forces to fill various niches. It is already supported by many wallets and ATMs, and now Hello Group plans to use BCH as the base currency on its latest exchange platform offering. Also Read: American ATM Network Athena Bitcoin Adds Bitcoin […]
Renowned rapper and producer Jay Z’s entertainment company Roc Nation, founded in 2008, has invested in Robinhood’s cryptocurrency trading platform. Arrive, a subsidiary of Roc Nation, stated in an official announcement that it has invested in Robinhood because of its vision to improve the accessibility of financial markets. Arrive’s statement emphasized the importance of Robinhood’s cryptocurrency venture, adding: “Robinhood Crypto (…) will bring commission-free trading of Bitcoin and Ether to the Robinhood platform.” Neil Sirni, the president of Arrive, wrote: We believe in Baiju and Vlad’s mission to make the financial markets more accessible and cost efficient for customers of all size.
Binance, one of the world’s largest cryptocurrency exchanges which is said to be the fastest growing startup in history, has been offline for several hours. The Binance development team along with its CEO Changpeng Zhao–who was recently included in the Forbes list of cryptocurrency’s richest people–announced that a server issue led the trading platform to be taken offline temporarily for maintenance. “Due to a significant increase in users and trading activity, Binance will need to extend the System upgrade and is expected to be completed by 2PM (UTC),” the Binance team stated, noting that trading will remain disabled during this
Given the recent increase – and subsequent decline – of the Bitcoin price, most people think it’s too late to make big money with cryptocurrency. Nothing could be further from the truth, though. If the Bondi brothers are to be believed, they make an average of AUD$2,000 per day just by trading various cryptocurrencies. It doesn’t take much effort to become a millionaire once you get the hang of how markets work. Nor does it require a ton of startup capital to make any meaningful impact. A Closer Look at the Bondi Brothers While their looks may be deceiving, Daniel Colosi and
As bitcoin trading becomes the new mainstream in Japan, leading financial firms are stepping in to offer services to preserve their market share. MUFG, the largest bank in the country, is now planning to launch its own exchange, a pegged cryptocurrency and bitcoin segregated accounts for clients of other exchanges. Also Read: Some UK Mortgage […]
For the price of one millibit – or a thousandth of a bitcoin – you can buy 700 verge or 1,300 reddcoin. These microcap coins lack bitcoin’s luster, but they do have two things in their favor: there’s a lot of them and they’re ”cheap”. Priced out of being able to afford a whole bitcoin, […]
It comes with little surprise that promoters of new altcoins and ICO tokens use every tool at their disposal to gain an advantage in the ever-crowded cryptocurrency market. While the positive marketing approaches are well known and widely talked about, like sponsorship deals with rappers, sport stars and other celebrities, the negative side of the […]