CoinMarketCap and major crypto exchanges are pushing to improve liquidity, strengthening the long-term growth trend of the sector. In May, crypto market data provider CoinMarketCap requested all exchanges in the global exchange market disclose accurate data in a move to improve transparency of the information displayed on the platform. CoinMarketCap declared an ultimatum to all […]
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Amazon-owned, leading game streaming platform Twitch has brought back bitcoin payments. Amazon-owned, leading game streaming platform Twitch has enabled bitcoin (BTC) and bitcoin cash (BCH) payments again, Cointelegraph Brazil reports on June 25. As Cointelegraph reported at the time, in March Twitch quietly removed bitcoin and bitcoin cash as payment options for subscriptions by removing […]
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Crypterium, a crypto payment company led by former Visa exec, has shipped 3,736 Crypterium debit cards in the first week after the launch. Crypterium, crypto payment firm led by former Visa exec, has shipped about 4,000 crypto debit cards in a week since the launch of the card, according to a press release on June […]
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Huobi is expanding into Turkey, the country with the highest reported per capita rate of crypto ownership worldwide. Huobi exchange will expand its operations to Turkey, planning to have a crypto-to-fiat onramp for Turkish users by the end of 2019, according to a press release on June 26. The Singapore-based crypto exchange will be “moving […]
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India’s proposed laws to introduce a 10-year jail term for dealing in cryptocurrency have been listed as a factor in Koinex’s closure. Indian crypto exchange Koinex has ceased operations effective immediately, co-founder Rahul Raj confirmed in a blog post on June 27. Raj said multiple delays by government agencies in clarifying crypto regulation have played a […]
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Singapore’s central bank has said libra could help make payments cheaper, but warned Facebook needs to provide more information about how it will work. Singapore’s central bank has held discussions with Facebook about its upcoming libra cryptocurrency, Bloomberg reported on June 27. Ravi Menon, the managing director of the Monetary Authority of Singapore, reportedly acknowledged libra’s potential benefits […]
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Bisq had its best week in its history last week, while Localbitcoins volumes continued falling despite the bitcoin bull run. P2P bitcoin (BTC) trading platform Bisq is seeing record trading volumes as users drop Localbitcoins, data from monitoring resource Coin Dance confirmed this week. Bisq, the DEX formerly known as Bitsquare, is a decentralized application […]
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Ground X, the Kakao Corp subsidiary behind the Klaytn blockchain platform, says the companies already using ecosystem are worth a combined $64.8 billion. Ground X, the blockchain arm of South Korean tech giant Kakao, has launched the mainnet of its Klaytn platform, The Korea Herald reported on June 27. It is hoped that the platform, which focuses on decentralized […]
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Altcoins suffer as BTC/USD regresses from highs of $13,800, which now becomes a key level for more gains. Bitcoin (BTC) was heading back towards $12,000 on June 27 as crypto industry businesses report record activity across the board. Data from Coin360 showed the bitcoin price coming off its local highs at $13,800 to circle $12,150 […]
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Singapore-based cryptocurrency exchange Bitrue has suffered a major hack, losing 9.3 million XRP and 2.5 million cardano (ADA) from its hot wallet. Singapore-based crypto exchange Bitrue has suffered a major hack, losing 9.3 million XRP and 2.5 million cardano (ADA) from its hot wallet. The news was revealed in an official statement from the exchange […]
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