Cryptocurrency

Derivatives & Spot Exchange FTX Joins Coinbase Custody International

  • The native $FTT exchange token will be securely stored on Coinbase Custody.
  • FTX is the largest crypto derivativesexchange to-date to join Coinbase's custody solution.
Sam Bankman-Fried, CEO of FTX, speaking at the Binance Blockchain Week 2019 event in Singapore, held from 19 - 22 January. Binance

  • The native $FTT exchange token will be securely stored on Coinbase Custody.
  • FTX is the largest crypto derivativesexchange to-date to join Coinbase's custody solution.

Bitcoin Derivatives Exchange BitMEX Experiences Issues

  • It took roughly an hour for BitMEX's security team to bring the platform back online, though in cancel mode only.
  • Days before the outage, the exchange was hit with a major lawsuit, from the same company that sued Ripple.
Block.one CEO Brendan Blumer speaking at the Voice launch event in June 2019. Block.one

Block.​One Facing Class Action Lawsuit Over EOS ICO, Again

  • The new class action complaint accuses the firm of taking $200 million from U.S. investors during its ICO.
  • The development comes only months after the firm paid $24 million to the SEC, after an investigation into the ICO.

Bitcoin To Ethereum Bridge Shuts Down 2 Days After Launch

  • The tBTC project will have all its deposits paused for the next 10 days, because of a yet-undisclosed bug.
  • The team behind the project is currently busy with "helping users drain funds", full post-mortem expected in time.

The “Unmasking Satoshi” Aftermath

  • A YouTube video creator who goes by the moniker Barely Sociable has given the community his take on the identity of Satoshi Nakamoto.
  • His work has received disappointing responses, focusing more on partisanship than arguments.

Majority Of Telegram ICO Investors Preferring To Leave Ship Early

  • Reportedly, around 80% of investors from the Disruptive Era Fund are preferring the 72% refund option.
  • Some, like the executive director of investment firm Exante, Anatoly Knyazev, have already received their refund.

Crypto.com’s Visa Card Now Available In 31 European Nations

  • Previously only available in Asia and the U.S., the card is now accessible to all 27 EU member states, including Switzerland, Iceland, Norway and the U.K..
  • The company claimed it already had "thousands of reservations" lined up from consumers in the E.U..

The Scheduled Bitcoin Cash Network Upgrade Is Complete

  • Bitcoin Cash's planned network upgrade went without hiccups or attacks on the network.
  • Three new features have been added, enhancing user experience and development capabilities alike.

Reddit Introduces New Blockchain-Based Community Points

  • Users will be able to earn ERC-20 tokens for creating quality content.
  • Reddit and its moderators will have no way to take points away from users, as community members will exercise full control over them.

IRS Reportedly Cracking Down On Crypto Taxes

  • The IRS is reportedly hiring third-party companies to assist the agency with crypto taxing.
  • Companies that are approved will have to help the agency with report preparation, data discrepancy analysis and error resolution and report revisions.

Crypto.com Enlarges Insurance Coverage For Offline Bitcoin Vaults To $360M

  • Insurance policy expands as Crypto.com sees rapid growth and surpasses the 2 million user milestone.
  • As there was a big problem of under-insured crypto custodians, recently many exchanges had announced big-number policies.

Coinbase & Gemini Become J.P. Morgan’s First Crypto Exchange Customers

  • The bank will provide the exchanges' U.S. customers with deposits and withdrawals.
  • Both exchanges had to go through a rigorous vetting process, though them being regulated in the U.S. helped with the approval.

First U.S. Ethereum Futures Contracts Launched By ErisX

  • The first physically-settled futures contracts for the 2nd largest crypto by market cap will be regulated by the CFTC.
  • The new offer came only days after the exchange obtained the lucrative New York virtual currency license.

The Third Bitcoin Halving (Live Coverage)

  • Today marks a historic event in bitcoin's evolution as the third halving approaches.
  • After the halving, block reward will go down from 12.5 BTC to 6.25 BTC, heavily disrupting the mining industry.