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The Philippines is a very intriguing country when it comes to cryptocurrency activity. The nation is home to a growing Bitcoin ecosystem, mainly thanks to the help of the government and various domestic firms. The country’s central bank is now in the process of approving new exchanges, as two more trading platforms have been given … Read more
A Southern Californian Localbitcoins trader has been sentenced to prison for a year for unlicensed money transmitting and money laundering. The trader, Bitcoin Maven, reportedly exchanged between $6 and $9.5 million for customers across the country, according to the notice by the U.S. Department of Justice. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space … Read more
The high growth rates seen in the crypto space over the first half of 2018 have been exceeded in June, a month that saw a spike and tremendous rise in investor interest towards ICO that could offer real potential value to investors. DECOIN—an emerging blockchain-based trading and exchange platform offering redistributed revenues to coin holders—has … Read more
The Chicago Board Options Exchange (CBOE) has filed an application for a bitcoin-based exchange-traded fund (ETF) with the United States Securities and Exchange Commission (SEC). The SEC has requested public feedback regarding CBOE’s prospective ETF. Also Read: Youtube Dragged Into Bitconnect Class Action Lawsuit for Failure to Protect Victims CBOE Files for Bitcoin ETF With SEC … Read more
Cryptocurrency exchanges are interesting creatures in many respects. Some companies fail to gain traction, whereas others obtain a dominant position in a matter of weeks. FCoin certainly falls into the latter category, even though there are also some concerns over how the company is conducting business. The Story of FCoin so Far For a cryptocurrency … Read more
In today’s edition of Bitcoin in Brief we cover how Bitmain’s valuation reached $12 billion, the opening of a new US-based crypto exchange, and Binance’s decision to donate $1 million to flood victims in Japan. Additionally, we explore what parts of the current crypto ecosystem Vitalik Buterin hates. Also Read: Youtube Dragged Into Bitconnect Class … Read more
Cryptocurrency exchanges are a vital aspect of this industry. Although they make it more convenient for consumers to embrace this new form of money, there are a lot of concerns associated with these centralized platforms. Vitalik Buterin is convinced that these companies are a problem and should burn in hell. Vitalik Buterin on Exchanges The … Read more
Huobi has made its plans to enter the US market crystal clear. Its new trading platform, known as HBUS, went live last week. The new marketplace is now accepting registrations from US residents. The “official” launch will occur on July 10. HBUS Prepares to Open its Doors While it is good to see more cryptocurrency … Read more
Leading cryptocurrency exchange Binance expects a net profit of up to $1 billion USD this year. The trading platform has already registered about $300 million of revenue in the first half of 2018 and a five-fold increase in the number of users. The data demonstrates a serious growth for Binance which is taking steps to … Read more
Crypto exchange Huobi has started trading in Australia with 10 pairs against the AUD, including bitcoin cash (BCH). More trading pairs will be added in the future. The platform also plans to partner with local startups through its investment fund and a subsidiary. Also read: Switzerland Considers Granting Crypto Businesses Access to Banking Services Huobi … Read more
