Emilie Choi says that while the space has a lot of potential, Coinbase will continue to focus on fiat-to-crypto activities. United States cryptocurrency exchange Coinbase is not planning to launch a decentralized exchange (DEX), a senior executive told cryptocurrency news media outlet The Block in an interview on May 29. Speaking on a range of […]
Continue Reading
New Yahoo-backed crypto exchange Taotao is expected to go live on May 30. Japanese cryptocurrency exchange Taotao is expected to go live at noon on May 30, as per the company’s official Twitter page. Notably, the new trading platform is heavily backed by Yahoo Japan, marking the local internet giant’s arrival into the field of […]
Continue Reading
Tim Plakas has reportedly left Coinbase to join Galaxy Digital’s OTC team. Tim Plakas has left the major United States crypto exchange Coinbase to join the cryptocurrency bank founded by Michael Novogratz, Galaxy Digital, an anonymous source purportedly told The Block on May 28. Plakas’ departure follows four senior executive departures from Coinbase in approximately […]
Continue Reading
Public smart contract-enabled blockchain tezos is about to undergo its first hard fork today. After three months, a governance vote of public smart contract-enabled blockchain tezos (XTZ) started on Feb. 28 has been concluded — as scheduled — three months later, on May 28. Cryptocurrency news outlet Coindesk reported yesterday that the voting process has […]
Continue Reading
Facebook’s payment-focused cryptocurrency Globalcoin could face demographic challenges, according to recent research by crypto analysis firm Diar. Facebook’s payment-focused cryptocurrency Globalcoin will face demographic challenges, according to recent research by cryptocurrency analysis firm Diar published on May 28. Facebook’s native cryptocurrency — which will purportedly seek to disrupt or bypass banking networks in order to […]
Continue Reading
Kik’s lawsuit aims to force the U.S. SEC to give a ruling which will help clarify their regulatory stance towards crypto and ICOs. Canadian tokenized social media startup Kik has launched a $5 million crypto initiative to fund a lawsuit against the United States Securities and Exchange Commission (SEC), Kik CEO announced in the crypto-focused […]
Continue Reading
Britain’s youngest self-made billionaire pledges more than half his wealth to charity. The co-founder of crypto derivatives exchange BitMEX, Ben Delo, has joined over 200 other billionaires by pledging to donate the majority of his wealth to charitable causes. The Giving Pledge, founded by Bill and Malinda Gates along with Warren Buffet, is an initiative […]
Continue Reading
There exists a possibility the abrupt fall of bitcoin to $6,400 could hinder the chances of an ETF approval. On May 17, bitcoin’s (BTC) price experienced a “flash crash,” dropping to $6,400 within minutes, which was triggered by a 5,000 BTC sell-off — equivalent to around $35 million at the time. An individual investor, speculated […]
Continue Reading
Anonymous sources say that Facebook’s upcoming Globalcoin project is “bigger and more open” than just a payment method. Social media giant Facebook has reportedly held talks with major United States-based crypto exchanges about the issuance of its own crypto, the Financial Times (FT) reports on May 24. Citing two people familiar with Facebook’s “Globalcoin” project, […]
Continue Reading
Major P2P crypto exchange LocalBitcoins.com has banned users based out of Iran. Major peer-to-peer cryptocurrency exchange LocalBitcoins.com has banned users living in Iran, according to their website as of today, May 24. Screenshot of LocalBitcoin Iranian page as of press time A source had previously told Cointelegraph in an email that the impetus for restricting […]
Continue Reading