The FSA expands its workforce to ensure cryptocurrency compliance and Hong Kong residents use Bitcoin to avoid capital controls. In the crypto space in Asia last week, new data concerning Bitcoin (BTC) use in Hong Kong shows that residents are using crypto to hedge against the possibility of capital restraints, while the Japanese Financial Services […]
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Speaking to mainstream media, the Galaxy Digital founder appeared not at all concerned about Bitcoin price again falling below $10K. Bitcoin (BTC) price may have fallen below $10,000 again but that is no reason to doubt the 2019 bull market, industry investor Mike Novogratz has said. Novogratz: Bitcoin “has had a huge run” Speaking on […]
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EY, the auditing firm working on the QuadrigaCX bankruptcy case, asked a Nova Scotia Supreme Court judge to move the proceedings to Toronto. EY, the Big Four accounting firm appointed to work on the QuadrigaCX crypto exchange bankruptcy case, wants to move the proceedings from Halifax to Toronto. Local news outlet The Star reports on […]
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Sudden spurts up and down have long been a mystery for recent $300 Bitcoin price swings. Bitcoin (BTC) price temporarily passed $10,500 on Aug. 26 as the largest cryptocurrency started the week in a bullish mood. Market visualization. Source: Coin360 Data: blame margin traders for Bitcoin price volatility Data from Coin360 revealed an abrupt change […]
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Poloniex is making moves to cover its losses from the CLAM flash crash, but questions remain about the accountability of margin borrowers… When a financial system like the crypto market lacks liquidity, a crash becomes inevitable. This was the case at the margin trading marketplace hosted by U.S.-based crypto exchange Poloniex toward the end of […]
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Most top performers of the past seven days are consolidating in a range. At what levels do they become an attractive buy? Let’s look at the charts. 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, […]
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Poloniex announces scheme to reimburse margin lenders losses caused by Clams flash crash in May. Cryptocurrency exchange, Poloniex, has announced a scheme to reimburse users affected by a flash crash in May, which led to total losses of around 1,800 Bitcoin (BTC). In an Aug. 13 blog post, the company pledged to repay daily trading […]
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The upcoming crypto derivatives platform Blade has raised over $4 million from Coinbase and SV Angel, among others. A soon-to-launch cryptocurrency derivatives exchange has raised $4.3 million from major investors such as the cryptocurrency platform Coinbase and the investment firm SV Angel. The exchange Blade is scheduled to launch in three weeks’ time. Blade’s funding […]
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The native token of crypto exchange Binance has soared ~11% despite yesterday’s rumors of a possible Know-Your-Customer data leak affecting exchange users. The native token of crypto exchange Binance has soared ~11% despite fresh rumors of a possible Know-Your-Customer (KYC) data leak affecting exchange users. According to data from CoinMarketCap as of press time, Binance […]
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An alleged hack of personal information from exchange users should not be taken seriously, says Changpeng Zhao. The CEO of cryptocurrency exchange Binance has refuted claims hackers gained access to confidential user information such as personal ID. CZ: “Don’t fall into the ‘KYC leak’ FUD” In a tweet Aug. 7, Changpeng Zhao described rumors circulating […]
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