Zero-fee crypto trading often refers to “zero-commission” trading, where the exchange entity doesn’t directly charge you, the user, for the transaction. This new value proposition is changing the cryptocurrency exchange business model, as new exchange upstarts aim to unthrone their commission-charging competitors from their thrones. Legacy platforms like Coinbase, Binance, and Gemini may have captured […]
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Recently, Alon Goren built WP Crypto Exchange, a WordPress plug-in that allows sites to offer their users the ability to exchange tokens without having to leave the site. Since the plug-in uses portfolio company Totle’s API, it also grants users the best possible decentralized exchange rates. In theory, any site running WordPress can implement this […]
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Cryptocurrency exchange Bithumb is clamping down on suspicious transactions less than a week after South Korea, its home country, moved to enact tough new laws for the virtual asset space. Bithumb announced Tuesday it had deployed Chainalysis’ “Reactor” investigations tool to get ahead of illicit activity. Reactor, used in many cryptocurrency law enforcement actions, will […]
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Decentralized derivatives exchange Digitex has fallen victim to a significant data breach believed to have exposed the email addresses and possibly other information of more than 8,000 users. A former employee stole private information for more than 8,000 users, Christina Comben, who heads Digitex’s communications, said Friday. Comben told CoinDesk the exchange was “aware of […]
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Coinhako, a cryptocurrency exchange backed by Tim Draper, has restricted user withdrawals after falling victim to a “sophisticated attack.” The Singapore-based exchange told users Friday that account send functions for cryptocurrencies had been temporarily disabled. Although a spokesperson initially said this was for “network maintenance”, the exchange admitted Saturday it had been victim to an […]
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The U.S. Securities and Exchange Commission (SEC) rejected Wilshire Phoenix’s bid for a bitcoin-based exchange-traded fund (ETF). In a filing posted Wednesday, the securities regulator wrote the New York-based Wilshire Phoenix had not proven the bitcoin (BTC) market is sufficiently resistant to market manipulation. Wilshire, a newcomer to the financial services industry, first applied for […]
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The U.S. Securities and Exchange Commission (SEC) is once again poised to approve or reject a bitcoin exchange-traded fund (ETF), when Wilshire Phoenix’s United States Bitcoin and Treasury Investment Trust meets a filing deadline Wednesday. Wilshire Phoenix is the latest in a long line of companies hoping to secure SEC approval to list shares of […]
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Cryptocurrency exchange Binance has opened a fiat gateway for Hong Kong dollars. Launched thanks to its partnership with Epay, Binance said on Monday users can deposit and withdraw Hong Kong dollars from today for trading against supported cryptocurrencies. Binance already supports euros and pounds sterling through Epay, a payments provider founded in Hong Kong in […]
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Cryptocurrency exchange FCoin, which revealed its insolvency this week, may have already been leaking bitcoin as early as July 2018 – just two months after its debut. On-chain analysis and security startup PeckShield released a report on Friday, suggesting FCoin’s bitcoin (BTC) wallets had a significant outflow of nearly 10,000 BTC between July 19 and […]
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Australia’s primary stock exchange could soon have a new blockchain-based rival. National Stock Exchange of Australia owner NSX Ltd. and financial institution iSignthis (ISX), both publicly listed companies, announced Thursday they are forming a joint venture to offer a digital securities trading platform. Called ClearPay, the new entity will offer a platform based on distributed […]
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