Upbit Crypto Exchange Operator to Open Singapore-Based Crypto Exchange Next Month

Upbit Crypto Exchange Operator to Open Singapore-Based Crypto Exchange Next Month Kakao-affiliate Dunamu, the operator of major South Korean crypto exchange Upbit, plans to open a Singapore-based exchange next month, local news outlet Yonhap News reports September 19. According to Yonhap, Dunamu already set up a branch in Singapore this February as part of its active push to expand…

Former SpaceX Engineer Targets Consumer Traders With His LXDX Crypto Exchange

Former SpaceX Engineer Targets Consumer Traders With His LXDX Crypto Exchange A former engineer at Elon Musk’s SpaceX has announced his new firm LXDX would launch a public cryptocurrency exchange, Leaprate reports Monday, September 17. Previously engaged in automation and propulsion at SpaceX, Joshua Greenwald has since turned his attention to institutional-grade cryptocurrency trading. While already operating for…

Mt Gox’s Corporate Creditors Can Now File Claims for Bitcoin Refunds

Mt Gox’s Corporate Creditors Can Now File Claims for Bitcoin Refunds The trustee of the long-defunct bitcoin exchange Mt. Gox has announced that corporate creditors can now enter claims to claw back trapped bitcoin through a recently approved rehabilitation process. Nobuaki Kobayashi, attorney-at-law and the rehabilitation trustee for Mt. Gox said in a release on Wednesday that…

Turkish Exchange Develops Blockchain-Based Customer Database

Turkish Exchange Develops Blockchain-Based Customer Database Turkey’s Borsa Istanbul Stock Exchange (BIST) has developed a blockchain-powered customer database, Daily Sabah reported September 6. Founded in 2013, BIST is the result of the merger of the Istanbul Stock Exchange, the Istanbul Gold Exchange, and the Turkish Derivatives Exchange (TurkDex). Per the exchange’s annual report for 2017, it has 399 listed companies, a…

Coinbase Expands UK Offering With Four GBP Altcoin Pairs

Coinbase Expands UK Offering With Four GBP Altcoin Pairs U.S. cryptocurrency exchange Coinbase will open trading of four more cryptocurrencies for U.K.pound sterling (GBP) Friday, a blog post confirmed Wednesday, September 5. Following a deal with UK bank Barclays to open access to the country’s Faster Payments network in March, residents will now be able to trade altcoins Ethereum (ETH), Ethereum Classic (ETC), Litecoin (LTC) and Bitcoin Cash (BCH) for GBP, in addition…

Crypto Exchange ShapeShift Is Moving Away From Its No-Account Model

Crypto Exchange ShapeShift Is Moving Away From Its No-Account Model Cryptocurrency exchange ShapeShift has launched a new membership program that will eventually become mandatory for its users. Positioned as a loyalty program, the initiative will see the startup offer a range of benefits while also moving to start collecting some personal information from its users, essentially…

Rakuten Is About to Buy a Bitcoin Exchange for $2.4 Million

Rakuten Is About to Buy a Bitcoin Exchange for $2.4 Million Japanese e-commerce giant Rakuten is planning another step into the cryptocurrency industry with the acquisition of a local bitcoin exchange. The company said in an announcement that it has inked a share transfer agreement for 100 percent of an exchange called Everybody’s Bitcoin on Friday. The…

Korea’s Major Crypto Exchange Bithumb Resumes Registration. Partners With NH Bank

Korea’s Major Crypto Exchange Bithumb Resumes Registration. Partners With NH Bank Hankyung, a mainstream media outlet in South Korea, has reported that Bithumb, the country’s second largest crypto exchange, will officially resume new user registrations on September 1. Bithumb has disallowed new registrations for traders in South Korea since January of 2018, following the encouragement…

Crypto Exchange Huobi Completes Acquisition of Public Firm for $70 Million

Crypto Exchange Huobi Completes Acquisition of Public Firm for $70 Million Crypto exchange Huobi has completed an acquisition deal to become the largest shareholder of a public firm listed in Hong Kong, inching a step closer to a possible back-door listing. Pantronics Holdings, the acquired firm, released a statement on Aug. 29 that Huobi Group completed the…

Fifth Largest Crypto Exchange Bithumb to Reopen Account Registrations, Media Report

Fifth Largest Crypto Exchange Bithumb to Reopen Account Registrations, Media Report Bithumb, one of the largest South Korean cryptocurrency exchanges, will open up account registrations after a month-long freeze, local media outlet Yonhap News reports Wednesday, August 29. According to a spokesperson from banking partner Nonghyup Bank, Bithumb will meet specific requirements as dictated by South Korean law in…