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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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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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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Bitrefill has brought Bitcoin Lightning services directly to Coinbase exchange accounts before the exchange “could do it themselves.” Bitrefill has made it possible for users of major American crypto exchange and wallet service Coinbase to access its full suite of Lightning Network (LN) services directly from within their native exchange accounts. The news was revealed […]
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Trading reached $16 billion across the platform for the first time as bitcoin passed $13,000. BitMEX, the world’s largest cryptocurrency trading platform, saw record volumes across its operations as bitcoin (BTC) hit $13,000. The company reported the figures on Twitter on June 26. On Wednesday, BitMEX, which is the world’s single biggest bitcoin derivatives provider, […]
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Asset management firm Northern Trust gives blockchain solution to Broadridge for further development. Northern Trust has handed over its blockchain platform to fintech firm Broadridge Financial Solutions, according to a press release on June 26. The Chicago-based asset management firm Northern Trust has handed over its blockchain-based private equity (PE) management solution to Broadridge for […]
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Blockchain analysis firm Chainalysis has appointed former FinCen and U.S. DoJ official Michael Mosier as its new Chief Technical Counsel. Blockchain analysis firm Chainalysis has hired a former official from the United States Financial Crimes Enforcement Network and the Department of Justice as Chief Technical Counsel, according to a press release published on June 26 […]
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The Tron Foundation has announced a $20 million buyback plan in a bid to bolster community activity and market stability. The Tron Foundation has announced a $20 million buyback plan in a blog post published on June 25. The buyback is purportedly part of an initiative to bolster community activity and market stability. The company […]
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Blockchain startup Waves has introduced an upgrade to its blockchain that enables decentralized applications on the platform. Blockchain startup Waves has introduced an upgrade to its blockchain that enables decentralized applications (dApps) on the platform. The development was announced in a blog post published on June 25. The company has introduced a major update for […]
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Founded in 2013, major crypto prices data provider CoinMarketCap announced its first acquisition of Hashtag Capital. CoinMarketCap, a major source of prices and volumetric data on crypto markets, has revealed plans for its first-ever acquisition in a press release shared with Cointelegaph on June 26 The United States-based company is acquiring electronic crypto trading fund […]
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