South Korea’s Coinbin Files for Bankruptcy With $26 Mln Loss, Cites Employee Embezzlement

Coinbin, which acquired Youbit in 2017, is closing operations as the result of embezzlement from a senior executive. Coinbin, the South Korean cryptocurrency exchange that took over hacked exchange Youbit, has filed for bankruptcy owing users almost $30 million, correspondence from the company confirmed on Feb. 20. Coinbin, which acquired Youbit in 2017, is closing […]

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Liechtenstein’s Bank Frick Launches Institutional Crypto Trading Platform

Liechtenstein-based Bank Frick is launching an institutional cryptocurrency trading subsidiary, DLT Markets. Liechtenstein-based Bank Frick is launching an institutional cryptocurrency trading platform subsidiary, DLT Markets, a press release on the bank’s website revealed on Feb. 20. According to the announcement, DLT Markets will provide institutional investors “with fully regulated and secure multi-exchange access to the […]

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Derivatives Giant Fidelity Investments Receives and Passes on the Lightning Torch

Financial derivatives company Fidelity Investments has received and passed on the Lightning Torch. Financial derivatives giant Fidelity Investments received and passed on the Lightning Torch, as revealed by tweet by the company sent on Feb. 22. Just like the Olympic torch, the Lightning Torch is being passed between members of the Lightning Network community. The […]

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Canadian Banks Wary of QuadrigaCX Assets’ Origins, Cite Money Laundering Concerns

Canadian banks showed hesitation concerning the management of insolvent cryptocurrency exchange QuadrigaCX’s assets. Canadian banks have showed hesitation concerning the management of insolvent cryptocurrency exchange QuadrigaCX’s assets, national public broadcaster CBC reports on Feb. 22. QuadrigaCX has faced financial difficulty following the sudden death of its founder Gerry Cotten, who was the allegedly only one […]

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Bitcoin, Ethereum, Ripple, EOS, Litecoin, Bitcoin Cash, Stellar, Tron, Binance Coin, Cardano: Price Analysis, Feb. 22

Institutional investors are getting more involved in the crypto space as fundamentals are improving. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is […]

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