Tag: wallets and exchanges

Jun 17 2021

Shiba Inu (SHIB) Subreddit Subscribers Have Grown By 59,381% in Q2

r/ShibaInuCoin subscribers have grown by 59,381% in Q2 of 2021 There were only 90 subscribers in early April, now r/ShibaInuCoin has 53,533 Shiba Inu's popularity has led to a listing of SHIB on Coinbase Pro However, deposits and trading of Shiba Inu ran into technical difficulties ShibaSwap is also on the horizon and SHIB could continue to thrive The number of subscribers to...

Jun 16 2021

KuCoin Exchange and KCS Fans Launch the KuCoin Community Chain (KCC)

KuCoin Community Chain (KCC) is now live The KuCoin Community Chain (KCC) was a collaborative effort between KuCoin and KCS fans KuCoin Community Chain's mission is to provide the community with a faster, more convenient, low-cost experience KuCoin Token will be the native token of the KuCoin Community Chain KCS token could thrive with the introduction of the KuCoin Community Chain The KuCoin...

Jun 08 2021

Bitstamp to List Tether (USDT) on June 14th

Bitstamp will list Tether (USDT) on June 14th Tether (USDT) will be listed alongside Compound Finance (COMP) and The Graph (GRT) Bitstamp follows Coinbase pro in listing Tether (USDT) Tether's advancing market cap is the most consistent trend in the crypto-verse The digital asset exchange of Bitstamp will list Tether (USDT) on the 14th of this month. Tether (USDT) will be listed alongside...

Apr 28 2021

KuCoin Launches Testnet of its Community Chain (KCC) Powered by KCS

KuCoin exchange has launched the testnet of KuCoin Community Chain (KCC) KuCoin Token (KCS) will be the native digital asset of KCC KuCoin Community Chain (KCC) promises Ethereum compatibility The value of KCS is likely to benefit from the launch of KuCoin's own blockchain The crypto exchange of KuCoin has announced the launch of the testnet version of the KuCoin Community Chain (KCC)....

Apr 27 2021

Gemini Launches Credit Card with Mastercard, to Reward Users in BTC

Gemini has partnered with Mastercard to launch a crypto-centric credit card Potential users can register their interest through a waitlist on Gemini The credit card should be available this summer, offering up to 3% back on purchases Users can opt to be rewarded in Bitcoin or any crypto on Gemini The crypto exchange of Gemini has announced a new partnership with Mastercard aimed...

Apr 23 2021

Coinbase Pro to List Tether (USDT) Effective Immediately

Coinbase Pro has listed Tether (USDT) Deposits are enabled effective immediately and only for supported jurisdictions Coinbase Pro will only accept the ERC20 version of Tether (USDT) The decision comes after the NYAG settled with Tether and Bitfinex Tether has also made a commitment to providing regular audits of its reserves The popular digital asset exchange of Coinbase Pro has announced that it...

Apr 21 2021

FTX Destroys $6.462M worth of FTX Token (FTT) in Latest Token Burn

FTX Crypto exchange has destroyed $6.462 million worth of FTT in its latest token burn The FTT token burns are a weekly event with the latest being the largest to date The exchange has destroyed a total of 10,976,882 FTT since the token burns began in July 2019 FTX Token (FTX) has had a remarkable 2021, increasing in value by almost 10x The...

Apr 20 2021

Coinbase to Become the First Company to Pay WeWork in Cryptocurrency

WeWork has announced it will begin accepting crypto payments The move is in partnership with BitPay and Coinbase BitPAy will handle the payments with WeWork accepting Bitcoin, Etheruem, USD Coin (USDC) and Paxos (PAX) WeWork will hold the crypto paid for services on its balance sheet Coinbase will become the first company to pay WeWork in crypto The flexible working space company of...

Apr 15 2021

Coinbase Closes Day 1 of Trading as the World’s Most Valuable Exchange

Coinbase (COIN) closed the first day of trading at a value of $328 Coinbase closed the first day of trading COIN as the most valuable exchange in the world Coinbase managed to eclipse the CME Group, the Hong Kong Exchanges and Clearing, and ICE The market cap of COIN has also exceeded that of Binance Coin (BNB) Yesterday, April 14th, marked the first...

Mar 20 2021

Coinbase Ordered to Pay $6.5M by the CFTC for Wash Trading

Summary: The CFTC has ordered Coinbase to pay $6.5 million for 'false, misleading or inaccurate reporting and wash trading' Coinbase is also ordered to cease and desist from any further violations of the Commodity Exchange act The accusations center on trading activities on Coinbase between January 2015 and September 2018 The Commodity Futures Trading Commission has ordered Coinbase to pay a penalty of...

Feb 24 2021

Bitmex to list ADA, DOT, EOS, UNI, XLM and YFI Perpetual Contracts

In brief: Bitmex will list 6 new perpetual contracts in March of ADA, DOT, EOS, UNI, XLM and YFI The new contracts will be launched in batches with DOT and UNI going live on March 3rd Bitmex has fallen from being the top-ranked derivatives platform since the CFTC pursued charges against its top execs The new perpetual contracts and the Bitmex Mobile Apps,...

Feb 02 2021

Bitcoin Stored in Exchange Wallets At its Lowest Level in 2.5 Yrs

Quick take: Bitcoin stored in exchange wallets has continued to drop since early 2020 The amount of BTC in exchange wallets is at its lowest in almost 2.5 years Institutional buying and storage offline is one reason for the diminishing supply Microstrategy just bought another $10 million worth of Bitcoin Companies will continue scooping up Bitcoin from exchanges The amount of Bitcoin stored...

Jan 05 2021

Monero (XMR), ZCash and DASH Trading to Be Suspended on Abra Global

Summary: Abra Global will suspend the trading of Monero (XMR), ZCash (ZEC) and DASH effective January 15th Abra becomes the second crypto trading platform after Bittrex to do so They too cite regulatory uncertainty XMR, ZEC and DASH have found support at $130, $58 and $87 respectively Traders and investors of the three privacy coins should proceed with caution Trading of Monero (XMR),...

Jan 02 2021

ZCash (ZEC) is the Most Underrated Crypto Right Now – Tyler Winklevoss

Summary: Tyler Winklevoss has dubbed Zchash as the most underrated crypto right now This was after Bittrex announced the planned delisting of ZCash (ZEC), Monero (XMR) and DASH All three privacy coins suffered significant losses due to the Bittrex announcement with ZCash attempting to regain $60 The Co-Founder and CEO of the Gemini Exchange, Tyler Winklevoss, has labeled ZCash (ZEC) as 'easily the...

Dec 26 2020

Crypto Exchanges in the U.S Could Delist XRP – Analyst

Summary: MagicPoopCannon warns that US crypto exchanges could delist XRP This follows Bitstamp planning to halt trading and deposits of XRP for US customers on January 8th XRP could be gearing up for further losses as U.S investors protect their capital against potential delistings in the US Popular Bitcoin and Crypto analyst, MagicPoopCannon, has warned XRP investors that US exchanges could delist the...

Nov 19 2020

OKEx Update: Bitcoin and Crypto Withdrawals to Resume by Nov. 27th

Quick take: OKEx users will have unrestricted Bitcoin and Crypto withdrawals on or before November 27th The exchange will also launch loyalty reward campaigns to thank the OKEx community for being patient OKEx's founder, Star Xu, has been reportedly released by Chinese authorities The value of OKB has rallied by approximately 30% since rumors started circulating of Mr. Xu's release, erasing all losses...

Nov 03 2020

Huobi Token (HT) Dips Hard On Reports of Huobi COO Being Investigated

Summary: There were unconfirmed reports of Huobi's Chief Operating Officer being investigated by Chinese authorities The news triggered a massive withdrawal of Bitcoin from Huobi Huobi Token (HT) has been hit hard by the news falling by 22% The team at Huobi have stated that such reports are rumors In the last 24 hours or so, the crypto exchange of Huobi has been...

Oct 29 2020

Ethereum Held on Exchanges Hits 26.8M ETH, 23.7% of Circulating Supply

Summary: 26.81 million Ethereum is held on centralized exchanges This is 23.7% of Ethereum's circulating supply Majority of the ETH is held at Coinbase, Bitfinex and Huobi Ethereum is once again above $390 and looking ready to attempt $400 once again The amount of Ethereum held on centralized exchanges currently stands at 26.81 million ETH. This is according to data from CryptoRank Platform....

Oct 16 2020

10k Bitcoin (BTC) Left OKEx 48hrs Before Withdrawals Were Suspended

Quick take: Data from Glassnode shows that 10,000 Bitcoin (BTC) left OKEx 48 hours before withdrawals were suspended Approximately $2.3 Billion in Bitcoin is held in OKEx BTC wallets Whale Alert bot has flagged 5,000 BTC leaving OKEx and into Binance after withdrawals were suspended The events leading up to and after the suspension of crypto withdrawals at OKEx continue to create more...

Oct 08 2020

Bitmex’s Arthur Hayes, Samuel Reed Step Down From CEO and CTO Roles

Quick take: Bitmex's Arthur Hayes and Samuel Reed are stepping down from their roles as CEO and CTO respectively The move comes a week after the US CFTC and DoJ charged them with illegally operating a derivatives exchange and violating the Bank Secrecy Act Vivien Khoo, Chief Operating Officer of 100x Group, will become Interim CEO Ben Radclyffe, Commercial Director at Bitmex, will...

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