Coinbase Patents AI Compliance System to Monitor and Flag Accounts

Coinbase Patents AI Compliance System to Monitor and Flag AccountsPopular U.S. cryptocurrency exchange Coinbase received a patent November 19, for an AI-driven compliance system which would monitor customer accounts, flagging those deemed non-compliant and recategorizing them for corrective action. Described as a “compliance determination and enforcement platform and method,” the new system would monitor a long list of KYC/AML-related details, including “level of due […]

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European Crypto Exchange Bitbay Ends Monero Trading due to Anonymity Features

European Crypto Exchange Bitbay Ends Monero Trading due to Anonymity FeaturesAuthorities around the world are trying to stamp out online anonymity in various ways, sacrificing users’ privacy for alleged security. One of these ways is forcing digital asset exchanges to drop support for some cryptos, as European venue Bitbay is now the latest to do with monero. Also Read: Europol: Hardcore Criminals Are Shifting From […]

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Bankrupt DX Exchange Reportedly Didn’t Pay Israeli Suppliers and Employees

Bankrupt DX Exchange Reportedly Didn’t Pay Israeli Suppliers and EmployeesIt was recently reported that digital assets trading platform DX Exchange ceased operations and was looking for a way to exit the market via a merger or a sale. New details from Israel show that the exchange reportedly didn’t even have the cash flow to pay its suppliers and employees. Also Read: Crypto Winter Claims […]

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Localethereum Becomes Localcryptos and Adds BTC Trading

Localethereum Becomes Localcryptos and Adds P2P Bitcoin TradingP2P trading site Localethereum has rebranded to Localcryptos, allowing users to buy and sell both ETH and BTC without KYC. The platform has been providing peer to peer trading services for ethereum since 2017, but in a surprise announcement this week, the website revealed its new home, localcryptos.com and rolled out its P2P trading service […]

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What Indian Crypto Exchanges Are Doing to Protect P2P Users

What Indian Crypto Exchanges Are Doing to Protect P2P UsersWith the Supreme Court of India postponing the crypto hearing, the Indian crypto community is calling for better protection when trading on P2P platforms. Several top crypto exchanges in the country have shared their processes and policies they have implemented to protect their P2P platform users. Also read: Indian Supreme Court Wraps up Crypto Hearing […]

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In 2019, Cryptocurrency Exchanges Diversified

2019 Was the Year That Cryptocurrency Exchanges DiversifiedWith exchanges controlling so much of the industry inflows, and accounting for more than 40% of the jobs, any review of the year has to start and end there. An analysis of the dominant trends driving trading platforms serves as a proxy for measuring the cryptosphere’s overall health. From initial exchange offerings to staking as […]

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What’s at Stake With Masternode Coins?

What’s at Stake With Masternode Coins?“Masternode” is a term that echoes less often in the cryptosphere these days, but not because user-controlled nodes have fallen out of favor. Rather, the nomenclature has shifted, with “staking” now used to describe the array of blockchains that fall under this banner. As an examination of proof-of-stake chains shows, masternode coins are very much […]

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