Major U.S. crypto exchange Coinbase has withdrawn its application to trademark the term “BUIDL,” following criticism on Twitter. Major United States-based cryptocurrency exchange and wallet service Coinbase has withdrawn its application to trademark the term “BUIDL.” The official status of the application was changed to “abandoned” on Wednesday, Dec. 19, according to the U.S. Patent […]
Continue Reading
Crypto exchange Bithumb has denied accusations of faking trade volumes since late summer 2018. South Korea-based cryptocurrency exchange Bithumb has denied allegations of faking trade volume, Forbes reported on Dec. 19. Cryptocurrency exchange ratings and analytics service CER has accused Bithumb of faking up to 94 percent of its trade volume since the late summer […]
Continue Reading
Unconfirmed: hacked Japanese crypto exchange Coincheck has reportedly had its cryptocurrency exchange license approved by the country’s financial watchdog. Japan’s Financial Services Agency (FSA) has purportedly approved a cryptocurrency exchange operating license for hacked crypto exchange Coincheck. English-language Asia-focused news publication Nikkei Asian Review reported the news Dec. 19. According to Nikkei, an announcement from […]
Continue Reading
The Japanese Financial Services Agency has assigned cryptocurrencies to the “crypto-assets” category, to prevent confusion with legal tender. The Japanese Financial Services Agency (FSA) has placed cryptocurrencies into a new legal category called “crypto-assets,” English-language local media The Japan News reports Dec. 15. By classifying cryptocurrencies like Bitcoin (BTC) this way, the government reportedly “hopes […]
Continue Reading
The rumors surrounding Tether and its USDT stablecoin continue to swirl with reports of fresh evidence proving reserves. Cryptocurrency stablecoin Tether (USDT) really does have fiat reserves equal to the value of tokens in circulation, Bloomberg claimed in a report today, Dec. 18. Citing “bank statements” it had “reviewed,” the publication became the latest source […]
Continue Reading
U.S.-based crypto exchange Coinbase has launched direct crypto conversions on its retail trading platform. San Francisco-based cryptocurrency exchange and wallet service Coinbase has launched its new “Convert” service, according to an official statement on Dec. 17. Per the statement, customers will initially be able to convert between Bitcoin (BTC), Ethereum (ETH), Ethereum Classic (ETC), Litecoin […]
Continue Reading
Research firm Diar has found that institutional traders have shifted to OTC Bitcoin markets. In its recent analysis published Dec. 17, research firm Diar has found that institutional investors have shifted towards higher liquidity over-the-counter (OTC) physical Bitcoin (BTC) markets. Diar noted growing investment in OTC funds like that offered by major American cryptocurrency exchange […]
Continue Reading
Italian securities watchdog CONSOB has halted two projects for allegedly offering fraudulent crypto investments. The Italian securities regulator, CONSOB, has suspended two projects for allegedly offering fraudulent crypto investment schemes. The 90-day suspensions were reported in an official statement on the CONSOB website published Monday, Dec 17. The Italian Companies and Exchange Commission, or Commissione […]
Continue Reading
Blockchain Labs has graduated its first blockchain projects from its Incubation Program. Binance Labs, the venture wing of the largest cryptocurrency exchange Binance, has released its first “batch” of blockchain projects from its Incubation Program, according to a press release shared with Cointelegraph on Dec. 14. Binance Labs is an initiative that seeks to help […]
Continue Reading
U.S.-based crypto exchange Coinbase enhances its services, introducing cash balance withdrawals to PayPal. Major American cryptocurrency exchange Coinbase has introduced free of charge cash withdrawals to online payment system PayPal, according to an announcement published Dec. 14. From now on, Coinbase’s United States-based customers are able to withdraw their cash balances to Paypal. The service […]
Continue Reading