Tag Archives: bitcoin exchange

Brazilian Crypto Exchange Mistakenly Sends User $35 Million on $127 Withdrawal

Advertisement Brazilian crypto exchange Bitcambio has reportedly sent one of its users a whopping RS $137 million – equivalent to about $35 million – after the user attempted to withdraw 500 reals, worth roughly $127. According to local news outlet Portal do Bitcoin, the cryptocurrency exchange started calling the user, Kaique Nunes, about the withdrawal shortly after. Speaking… Read More »

Binance Extends Support For Larger Trading Firms With New Sub-Account Feature

Advertisement Binance has released what it describes as a “long-awaited” feature on its exchange, sub-accounts. Sub-accounts will be accounts that do not have full control over the assets in the trading account – ideal for trading firms who are looking to get into cryptocurrency and firms that are already trading in cryptocurrency with multiple desks. At Binance, we… Read More »

Japanese Police See Surge in Suspicious Cryptocurrency Trade Reporting

Advertisement The National Police Agency of Japan has revealed that between January and October this year, it recorded 5,944 reports from crypto exchanges regarding suspicious cryptocurrency transactions possibly involving money laundering and tax evasion. Figures reported by Jiji Press show that from 699 cases reported last year, the numbers have multiplied more than eight-fold, which the NPA sees… Read More »

Binance to Launch Binancechain For ‘Millions of Coins,’ CEO Confirms

The world’s largest cryptocurrency exchange by means of traded volumes will be launching its own public blockchain in “a couple of months or so,” according to its CEO, Changpeng Zhao.  ‘There Will be Millions of Coins and Thousands of Blockchains’ Speaking at the stage of Forbes Asia Forum: Decrypting Blockchain, the CEO of the Binance Changpeng Zhao (CZ)… Read More »

Venezuela Artificially Inflates Petro 150 Percent As Bitcoin Set New Record

Venezuela saw yet another new record for Bitcoin use December 1 after another week of economic shake-ups made the cryptocurrency more appealing than ever. 1 Week, 1300 Bitcoins Data from Coin Dance confirms that in the seven days ending Saturday, Venezuelans transacted 1284 BTC ($5.1 million) via P2P trading platform Localbitcoins alone. In terms of the country’s highly… Read More »

Why a Cryptocurrency Exchange Rating System is Overdue – Cointelligence [Interview]

Bitcoinist spoke with On Yavin, CEO of Cointelligence, an educational and data platform for the cryptocurrency space that will soon launch the first-ever cryptocurrency exchange rating system in early 2019.  A cryptocurrency exchange rating system is perhaps overdue for the crypto space given the history of hacks, scams and regulatory challenges that present barriers to mass adoption. “We… Read More »

No Bitcoin ETF Before Important Changes to BTC Markets: SEC Chairman

SEC Chairman Jay Clayton has claimed that bitcoin exchanges lack sufficient transparency and monitoring for the market to see approved Bitcoin Exchange Traded Funds (ETFs). According to CNBC, at the Consensus Invest Conference in New York City recently, Clayton said: What investors expect is that trading in the commodity that underlies that ETF makes sense The post No… Read More »

Huobi Debuts Cryptocurrency Derivatives Market Platform

Huobi just announced the launch of its cryptocurrency derivatives trading service – Huobi Derivative Market (Huobi DM). The Singapore-based exchange says the platform will initially handle USD-denominated Bitcoin Contracts. Huobi Cryptocurrency Derivatives Market The cryptocurrency exchange platform announced the launch of Huobi DM at the Cryptofrontiers conference in New York on Wednesday (November 28, 2018). According to the… Read More »