‘Pretty Upset’: Coinbase Staff Protest as Company Cuts ‘at Least 15’ Jobs, Say Sources

Coinbase has confirmed it has made lay-offs among several departments but did not comment on the rumored numbers involved. U.S. cryptocurrency exchange and wallet provider Coinbase has cut “at least” fifteen staff after hiring 250 this year, Yahoo Finance quotes unidentified sources as saying Friday, Oct. 26. In a curious U-turn following a year of […]

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We Should Not ‘Scurry to Keep Pace’ With Fintech, Says CFTC Commissioner

The Commodity Futures Trading Commission’s Rostin Behnam called for an “open mind” on disruptive tech regulation like blockchain. A new commissioner at U.S. regulator the Commodity Futures Trading Commission (CFTC) repeated called for handling fintech – including blockchain and cryptocurrency – with an “open mind” in a speech Thursday, Oct. 25. Speaking at the 2018 […]

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World’s Largest Crypto Exchange OKEx to Delist 50+ Trading Pairs Due to ‘Weak’ Performance

Top crypto exchange OKEx will delist almost 60 trading pairs that reportedly have weak liquidity and trading volumes. Major Hong Kong-based cryptocurrency exchange OKEx will delist over 50 trading pairs with weak performance, according to an announcement published Oct. 25. As per the announcement, at 6:00 am Oct. 31, 2018 CET, the exchange will halt […]

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Binance Introduces Blockchain-Based Donation Website at UN Conference

The CEO of the world’s largest cryptocurrency exchange, Binance, has announced the launch of a blockchain donation platform during a recent U.N. conference. The Blockchain Charity Foundation (BCF), a social project of the world’s largest crypto exchange Binance, has introduced its blockchain-powered donation platform, Binance Blog revealed Friday, Oct. 26. The donation project was announced […]

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VeChain Signs MoU for Blockchain Development with Cyprus

The Cypriot government has signed an MoU with blockchain startup VeChain through its national investment partner Invest Cyprus for developing the blockchain industry in the country. Singapore-based blockchain platform VeChain Foundation, U.S. blockchain startup CREAM, and the national investment partner of the Republic of Cyprus, Invest Cyprus, have signed a Memorandum of Understanding (MoU), per […]

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Chinese Arbitrator Reaffirms That Bitcoin Can Be Held, Privately Transferred as Property

A Chinese arbitration court has ruled that “there is no law or regulation that explicitly prohibits parties from holding bitcoin or private transactions in bitcoin.” An arbitration body in China has ruled that cryptocurrencies such as Bitcoin (BTC) are legally protected as property, in a case published Oct. 25 via the arbitrator’s WeChat account. The […]

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