Zigzag Platform Provides Cryptocurrency Swaps Over the Lightning Network

There’s a new exchange system under development called Zigzag.io, an app that allows users to swap bitcoin core for other digital assets like bitcoin cash, dash, and ethereum over the Lightning Network. The beta application is currently available to test cryptocurrency trades as the project launched on the main-network during the first week of September. … Read more

London’s LBX Launches Solution for Bank-Shunned Crypto Companies

Cryptocurrency businesses that have faced difficulties in securing banking services in the UK now have a new option. LBX has launched a new service offering access to an account where clients can store, manage and transfer both their fiat currency and cryptocurrency holdings. Also Read: Mobile SMS Bitcoin Cash Wallet Cointext Expands to Asia “LBX … Read more

Major Indian Exchange Unocoin Launching Crypto ATMs

A major cryptocurrency exchange in India, Unocoin, has confirmed that it is launching crypto ATMs. While a formal announcement has not been made, an image of one of the exchange’s ATMs spreading on social media suggests that the machines support at least five cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Unocoin’s Crypto … Read more

Quadrigacx Battles Bank Over $21.6M in Frozen Funds

Cryptocurrency exchange Quadrigacx has blamed an ongoing legal dispute over $21.6 million worth of funds that were frozen by the Canadian Imperial Bank of Commerce (CIBC) in January for delays experienced by some of its customers when requesting fiat currency withdrawals. Also Read: Japanese Internet Giant GMO to Launch Yen-Pegged Cryptocurrency Quadrigacx Blames Court Dispute With … Read more

Exchanges Roundup: Glen Oaks Escrow Supports Crypto, Binance to Delist 4 Altcoins

In recent news pertaining to cryptocurrency exchanges, Glen Oaks Escrow has announced that it has partnered with Bitpay to support cryptocurrency payments and Binance has revealed that it will delist Bytecoin, Chatcoin Iconomi and Triggers next month. Etoro, meanwhile, has announced a “significant cut” in the spreads on cryptocurrency markets on its platform. Also Read: Korean … Read more

Korean Crypto Exchange Sued for Controversial Token Schemes

A lawsuit has reportedly been filed in South Korea against a local cryptocurrency exchange over its price-pumping schemes involving token issuance. The suit alleges that Cashierest’s token which pays dividends and rebates transaction fees to investors violates the country’s capital markets law. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals The Lawsuit South … Read more

First Major Bitcoin Cash ICO Raises $30M in Record Time

On Oct. 8, 2018, the blockchain firm and mining pool Viabtc finished the first high-value initial coin offering (ICO) using the Wormhole protocol and Bitcoin Cash chain. According to exchange data, the Viabtc Token ICO raised US$3,700 per second capturing a total of $30 million in 2.2 hours. Also Read: Electron Cash Developer Reveals In-Wallet BCH … Read more

Exchanges Roundup: Coinbase Volumes Hit 1-Year Low, UK Exchange to Fire Most Staff

Recent updates show that with the cryptocurrency markets performing far from how they did a year ago, some exchanges have failed to adapt to the current situation. For example, one U.K. firm is reportedly set to fire most of its employees. Yet other exchanges are still going strong, breaking into new territories and adding new … Read more

Exchanges Roundup: Pantera Fund Down 40%, Bittrex Delists Altcoins

In recent news pertaining to cryptocurrency exchanges, images circulating online show Pantera Capital’s Digital Asset Fund had a lifetime-to-date performance of minus 40% as of the end of August, Bittrex has announced the delisting of Bitshares, Bitcoin Gold, and Bitcoin Private, and Indian cryptocurrency exchange, Bitbns, has been accused of falsifying its trade volume. Also … Read more

Northern Bitcoin, Rawpool Sign Wallet and Mining Deal

Germany’s Northern Bitcoin AG (MUN:NB2) has agreed to offer Bpal Wallet, a wallet and payments app created by China-based Rawpool Group, in the European market. The agreement between the Munich-listed company and the bitcoin cash (BCH) miner, effective from today, also covers mining operations and cryptocurrency exchanges. Shares of Frankfurt-based Northern Bitcoin AG rose 2.8 percent … Read more

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