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Bitfinex Seeks $1 Billion in Exchange Offering

Bitfinex Seeks $1 Billion in Exchange Offering

Just as initial coin offerings used to whip up a frenzy of interest leading up to the boom in crypto price, initial exchange offerings (IEOs) now seem to be the flavor of the crypto year, as giant exchange Bitfinex is now rumored to be looking to raise up to USD 1 billion in its own IEO. Founding partner of VC …


US Experts Debate Who Has the Last Word On Crypto Regulation, State or Fed

US Experts Debate Who Has the Last Word On Crypto Regulation, State or Fed

State or Fed? That is the question. Three cryptocurrency experts debated the why’s and why not’s on the subject of leaving crypto legislation to either the US federal government or giving the final authority to the individual states. The three experts Peter Van Valkenburgh, Gary Gensler, and Caitlin Long debated the topic as part of a panel discussion at the …


Crypto Exchange Suppressing the Bear Market in Turkey

Crypto Exchange Suppressing the Bear Market in Turkey

With the value of the Turkish Lira dropping to a six month low, cryptocurrency exchanges have seen a significant uprise in Turkey, especially in the city of Istanbul. The Lira boasts of being the fifth most popular fiat-to-crypto pair worldwide. The head of operations at the global crypto exchange OKEx, Mr. Andy Seung said: “Turkey is without a doubt the …


Major Crypto Exchanges Record 30% Volume Growth in Q1 2019

Cryptocurrency Exchange Industry Research Report

The latest Cryptocurrency Exchange Industry Research Report for the first quarter of 2019, released by crypto analytics firm TokenInsight, shows that the main cryptocurrency exchanges experienced a 30% growth in trading volume in the first three months of the year. The report notes that throughout 2019, most exchanges experienced a significant loss of volume, both in traffic to their platforms and …


Binance Opens Singapore Market in Soft Launch

Binance Opens Its Singapore Market in a Soft Launch

The Binance cryptocurrency exchange finally sets up shop in Singapore as scheduled earlier this month, according to reports. The Binance Singapore exchange is now live in a soft launch on Tuesday featuring only one trade pair BTC/SGD – allowing Singaporeans to purchase Bitcoin with their local currency. Comparatively, the excitement of the launch as announced earlier this month may have …


Brexit, Binance and Bitcoin: A New Era for Crypto in the UK?

Brexit, Binance and Bitcoin: A New Era for Crypto in the UK?

With the clock ticking on Britain’s much-debated exit from membership of the EU and all that means if a decision is finally agreed by September, where will this leave the UK in European Crypto Space? In a position of strength, or cut-off from its legislative support on the other side of the channel? Well, no man is an island, according …


All Assets Will Be Traded on Decentralized Exchanges

In an interview with Bloomberg, executive chairman of Blockchain Research Institute Donald Tapscott shared his opinion about the future of cryptocurrency, decentralized exchanges and the fate of traditional assets. Tapscott has suggested that in the near future, the intrinsic qualities of decentralized exchanges will make them compatible with traditional assets, he said: “All assets, not just currencies, but traditional securities …


Coinbase Adds Latin America and Southeast Asia to Its Expanding Client Base

Coinbase Adds Latin America and Southeast Asia to Its Expanding Client Base

US cryptocurrency exchange giant Coinbase is to add 11 new markets in Latin America and Southeast Asia as part of its current global expansion programme. This is hot on the trail of its expansion in the UK market seeing revenue growth of 20% to USD 173 million, and the recent announcement of its new Coinbase card. In 2018, the exchange …


Ex-Top 3 South Korea Exchange Closes Shop

Ex-Top 3 South Korea Exchange Closes Shop

Coinnest has announced that it has ceased operations in South Korea. Formerly the third largest cryptocurrency in the nation, it cited lowered demand for trading against a background of regulations and business interests, as the reason for this closure. A notice was posted this week on its website informing its users that it was no longer in operation, asking all …


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