‘Thank God They Cleared Themselves’ – Coinbase Finds No Hint of Insider Trading

Coinbase has revealed unofficially that its internal investigation into insider trading of Bitcoin Cash found no evidence of foul play. ‘No Disciplinary Action’ In private comments to Fortune, the US’ largest cryptocurrency exchange said that as of last week, the long-awaited investigation had come to an end, but that “no disciplinary action” would occur. “We […]

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Binance Creates ‘SAFU’ Fund After Outage Becomes Marketing Gold

Cryptocurrency exchange Binance has reopened after what officials described as “irregular trades” led the platform to suspend activity July 3. Binance To Create ‘SAFU’ Fund In a summary of the events, Binance said the unusual trading came from “a number of API users,” triggering its internal risk management system. Seemingly more of a precaution than […]

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HitBTC Plans To Allow Japanese Trading Via ‘Subsidiary’ By Q3 2018

Wilma Woo · June 4, 2018 · 5:00 pm Cryptocurrency exchange HitBTC is pushing ahead with plans to establish a Japanese subsidiary after banning accounts allegedly linked with the country. Japanese Traders Shut Out For ‘Compliance’ HitBTC announced yesterday via the company’s official blog that it was already “actively hiring for the local office” with […]

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Coincheck Posts Significant Profit, Despite High-Profile Heist

Adam James · April 27, 2018 · 1:30 am Despite experiencing one of the worst heists in the cryptocurrency market’s history, Coincheck has still managed to turn a significant profit. Can’t Nobody Hold Coincheck Down As reported by Reuters, Japanese cryptocurrency exchange Coincheck Inc. has recorded a writedown of roughly $432.56 million for the financial […]

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Binance Moves To Malta As Prime Minister Issues Public Welcome

Wilma Woo · March 23, 2018 · 6:15 am The Prime Minister of Malta has publicly welcomed the world’s largest cryptocurrency exchange Binance as it announces it is relocating to the country. Maltese PM To Binance: ‘Welcome To Malta’ In a fresh move confirmed by CEO Zhao Changpeng March 23, Binance will set up an […]

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Bitcoin Price Falls As Markets React To (False) Japan Binance Threat [UPDATED]

Wilma Woo · March 22, 2018 · 7:30 am Bitcoin fell $500 in hours to hit two-day lows March 22 after news broke Japanese regulators may ban the world’s largest cryptocurrency exchange, Binance. Co-Founder Ye Not Concerned UPDATE: Binance CEO Changpeng Zhao has responded to the news on Twitter stating that the source showed “irresponsible […]

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Coinbase, Exchanges ‘Won’t Run’ Lightning Network

Wilma Woo · January 26, 2018 · 4:30 am Andreas Antonopoulos has said he doesn’t expect regulated exchanges such as Coinbase to run the Lightning Network as it gains mainstream acceptance. ‘Their KYC Fell Apart’ In comments on the first episode of Let’s Talk Bitcoin! in 2018, the educator said AML/KYC obligations exchanges face are […]

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