February 5, 2021 Central Bank of Nigeria bans banks from servicing crypto exchanges Nigeria's central bank has prohibited commercial banks from providing account services to crypto exchanges. The Central Bank of Nigeria has placed a ban on all regulated financial institutions from providing services to crypto exchanges in the country.The…
February 3, 2021 KuCoin CEO says insurance covered 16% of losses from $285M hack in 2020 KuCoin users were unaffected by the $285 million hack of 2020, as insurance funds covered the remaining losses from the incident.…
January 27, 2021 Dutch Bitcoin exchange drags central bank to court over wallet KYC rule One Dutch Bitcoin exchange has taken legal action against the central bank over its controversial crypto wallet verification law.…
January 26, 2021 Dutch crypto exchange users bemoan additional KYC requirements Bitstamp traders based in the Netherlands now have even more regulatory hoops to scale before being able to withdraw their funds.…
January 13, 2021 Crypto exchange owner gets 10 years in prison for aiding scammers The operator of a Bulgarian crypto exchange has received a 10-year prison sentence for money laundering in connection with an Eastern European cybercrime syndicate.…
January 7, 2021 After Know Your Customer debacle, BitMEX reports 100% of users are verified Controversial crypto derivatives trading platform BitMEX says its entire user base has completed the obligatory Know Your Customer process.…
January 4, 2021 Binance hits record high of $80B in daily volume as crypto markets surge Binance has reported a new record of more than $80 billion in daily volume across its spot and derivatives platforms.…
December 24, 2020 Binance Korea to shut down exchange due to low trading volume Less than a year after its launch, Binance Korea is closing its doors amid shrinking liquidity.…
October 13, 2020 Exclusive: Bithumb set to launch DeFi platform as a Polkadot Parachain This one won't just be another instance of CeDeFi, the exchange reassures. Bithumb, a major cryptocurrency exchange based in Korea, announced the upcoming launch of Clover, a blockchain platform targeted for decentralized finance and powered by Polkadot (DOT) technology.The…
July 20, 2020 PayPal to Reportedly Offer Crypto Trading Through Paxos Partnership PayPal reportedly plans to introduce crypto trading through a new brokerage service offered by United States stablecoin operator Paxos.…
July 17, 2020 BJJ fighter who lost Bitcoin in 2017 gains crypto sponsorship One of the famous Brazilian Jiu-Jitsu (BJJ) fighters and a champion, Craig Jones, has become the new ambassador for digital currency exchange in Australia via crypto sponsorship.…
July 16, 2020 Bithumb assets more than customer holdings, says Jungin Accounting A recent report by Seoul-based Jungin Accounting states that Bithumb assets have exceeded the total holdings of its clients.…
