Binance has announced the acquisition of JEX, a Seychelles-based crypto-asset trading platform, as the exchange delves further into the derivatives market. Binance, the world’s largest exchange by trading volume, has acquired JEX, a crypto-asset trading platform that offers spot and derivatives trading services. The exchange announced the acquisition on Sept. 2, saying, “JEX will join […]
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Market update: The Bitcoin price hits $10,400, as most cryptocurrencies are showing upward price movement. Monday, Sept. 2 — Markets are bouncing back and showing upward price movement, after trading sideways for the better part of the day. Market visualization. Source: Coin360 The Bitcoin (BTC) price is showing impressive price movement, after trading close to $9,700 […]
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Connecticut police caught a man who had stolen over $15,000 worth of crypto in a mobile phone theft after he mistakenly sent an apology email to a detective. Connecticut police caught a man who had stolen over $15,000 worth of digital currency in a mobile phone theft after he mistakenly sent an apology email to […]
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Kakao’s blockchain arm Ground X is reportedly in talks with one Chinese and one South Korean exchange for listing its native coin Klay. South Korean internet giant Kakao is reportedly planning to list its cryptocurrency Klay on a Chinese crypto exchange and one local exchange. Kakao might have trouble listing Klay in Korea According to […]
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Mahindra Group subsidiary Tech Mahindra partnered with DLT startup Adjoint to launch a blockchain financial management and insurance solution. Tech Mahindra, the IT subsidiary of Indian conglomerate Mahindra Group, partnered with American distributed ledger technology (DLT) firm Adjoint to launch a blockchain financial management and insurance solution. Telecommunications industry news outlet CommsMEA reported on Sept. […]
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Bitcoin is attempting a bounce. Will it sustain and resume the uptrend? Let’s analyze the charts. The total market capitalization of cryptocurrencies has again bounced from just below the $250 billion mark, which is a positive sign. This level has repeatedly provided support in the past three months. It shows that investors are using dips […]
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Thai SEC-regulated crypto exchange Bitcoin Co. Ltd. announced it is closing down its trading operations and that clients should withdraw their assets. Thailand’s leading cryptocurrency exchange Bitcoin Co. Ltd. (BX.in.th) is closing down all of its trading operations. The exchange announced its decision to discontinue trading on Sept. 2. The official website of the exchange […]
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Banking and financial services giant HSBC has completed the first yuan-denominated letter of credit transaction on a blockchain using the Voltron trade finance platform. Banking and financial services giant HSBC has completed the first yuan-denominated letter of credit transaction on a blockchain using the Voltron trade finance platform. As Reuters reported on Sept. 2, HSBC […]
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Japanese cryptocurrency exchange Liquid has revealed the digital wallet address holding the proceeds from its Gram token sale. Japanese cryptocurrency exchange Liquid has revealed the digital wallet address holding the proceeds from the Gram token sale it conducted in July. In an Aug. 30 announcement, Liquid disclosed the public blockchain wallet address that now keeps […]
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A Washington D.C. advisory firm is urging the U.S. Congress to regulate firms in the cryptocurrency sector under the Bank Secrecy Act. The Financial Integrity Network (FIN) — a Washington D.C.-based advisory firm — has urged the United States Congress to regulate firms in the cryptocurrency sector under the Bank Secrecy Act (BSA). Virtual asset […]
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