Tag: exchange

Binance Receives an Internationally Recognized ISA

  • Despite recent hacks, Binance still received the reputable ISO/IEC 27001 standard.
  • The company was examined on 114 criteria across 14 categories, including asset management, security policy, and operational security.

SEC Chairman: BTC Needs Better Regulation to be Taken Seriously

  • Speaking at the CNBC's Delivering Alpha conference, Jay Clayton remarked that the crypto market needs to build strong investor protections.
  • He also added that Bitcoin and other cryptocurrencies do not go through the same price discovery practices as products on major exchanges.

Messaging Giant Line Launches Crypto Exchange in Japan

  • Two weeks after receiving a cryptocurrency exchange license in Japan, Line launched Bitmax for its 81 million Japan-based users.
  • The exchange will be available to Japanese persons with a Line account, and will not charge trading fees, only a 108 yen charge for deposits and withdrawals.

Gemini to Launch its Own Custodial Service

  • The new custody solution, Gemini Custody, will enable the exchange's customers to trade assets instantly.
  • The Gemini Custody will reportedly be highly secured, and will initially offer support for 18 digital assets, many of which are ERC-20 tokens.

‘The PIT’ Adds Crypto Trading Capabilities to Blockchain.com

  • Customers will be able to link bank accounts to a Blockchain.com account and trade crypto against USD, EUR and GBP.
  • Blockchain.com CEO shares that they wanted to build a Wall Street or a Chicago-level matching engine.

Switzerland-Based Crypto Custodian and Exchange Smart Valor Goes Live

  • The new platform will combine exchange with brokerage and custody features and will initially offer trading of two cryptocurrencies with four fiat currencies.
  • The company was able to secure a $3.25 million investment last month, lead by Swiss VC fund Venture Incubator.

50,000 Affected Users to be Reimbursed in Crypto by Bitpoint Exchange

  • The exhcnage has prepared 2.06 billion yen ($20 million) worth of cryptocurrencies for a refund.
  • Recently published document revealed that the hacker took off with 1,225 BTC, 1,985 BCH, 11,169 ETH, 5,108 LTC, and 28,106 XRP.

Binance in Discussions with Facebook Concerning Libra

  • Preliminary talks show Binance will list Facebook's Libra coin on its marketplace.
  • Gin Chao, Binance's Strategy Officer, confirmed that they "would probably want to list" the coin.

Binance CEO Sues Sequoia Capital

  • Binance CEO sues Sequoia Capital over financial losses.
  • The court hearing will be on June 25th, where it will be decided if and what damages Zhao sustained.

Cryptopia Files for Bankruptcy Protection at U.S. Court

  • Grant Thornton, Cryptopia's assigned liquidator, announced it has applied for urgent interim relief in the Bankruptcy Court in the SDNY.
  • Arizona-based company, which holds Cryptopia user data, is terminating services with the defunct exchange and is requesting $2 million in compensation.