In an escalating argument on social media, Changpeng Zhao promises legal action after The Block doubled down on its widely disputed Binance coverage. The CEO of cryptocurrency exchange Binance has vowed to sue industry media outlet The Block over alleged false reporting. In an ongoing Twitter exchange on Nov. 22, Changpeng Zhao, known as CZ […]
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Several top cryptocurrencies have broken below their critical support levels, suggesting that this could be the start of a deeper correction. Fear gripped the markets on the news that Chinese authorities had raided the offices of the leading cryptocurrency exchange Binance. This negated all the positive effects that had accrued following President Xi Jinping’s endorsement […]
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The CertiK Foundation, an organization that develops security infrastructure for blockchain, will introduce the open beta of its CertiK Chain next week. The CertiK Foundation, an organization that develops security infrastructure for blockchains, will introduce the open beta of its CertiK Chain next week. Per a press release shared with Cointelegraph on Nov. 22, CertiK […]
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A new report from the non-profit Human Rights Foundation analyzes the censorship and privacy landscape of stablecoins. The non-profit Human Rights Foundation (HRF) has analyzed the censorship and privacy landscape of stablecoins in a report published on Nov. 20. For privacy coins that are not stablecoins, the largest single-week losses so far this year have […]
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A new official statement from China’s central bank confirms it is taking fresh action against businesses offering cryptocurrency trading. Cryptocurrency exchanges operating illegally in China face a new threat after the central bank announced it would take new steps to uphold its trading ban. In a statement on Nov. 21, the People’s Bank of China […]
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An operation to shutter crypto trading sees input from the People’s Bank of China and local law enforcement, as exchanges in Shanghai deny police raided offices. Cryptocurrency exchanges operating illegally in one city in China will face the wrath of a joint government effort to oust them, reports claim. On Nov. 22, authorities in Shenzhen […]
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The institutional asset custody arm of United States-based crypto exchange Coinbase has announced it is transitioning to an internationally-based staking service this week. The institutional asset custody arm of United States-based crypto exchange Coinbase has announced it is transitioning to an internationally-based staking service as of Nov. 21. In rolling out its staking services to […]
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Cryptocurrency exchange Kraken announced that it is introducing a mobile version of its Kraken Future trading app. San Francisco-based cryptocurrency exchange Kraken announced that it is introducing a mobile version of its Kraken Future trading app. New opportunities for futures trading On Nov. 21, Kraken announced on its blog that it is launching a mobile app […]
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South Korean cryptocurrency exchange Bithumb denies recent reports that Chinese authorities have raided its Shanghai offices. South Korean cryptocurrency exchange Bithumb is denying recent reports that Chinese authorities have raided its Shanghai offices. On Nov. 21, a Bithumb spokesperson informed the Block that the recent rumors of a police raid and closure of the exchange’s […]
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Large crypto exchanges appear to have slowed misreporting of their trading volumes in 2019, according to a new Chainalysis report. Large crypto exchanges appear to have stopped misreporting their trading volumes in 2019, a new study by Chainalysis says. According to the New York-based blockchain analytics firm, there are still some crypto exchanges including Bitforex […]
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