Bithumb Bounces Back With Expansion Plans in Japan and Thailand

Bithumb Bounces Back With Expansion Plans in Japan and Thailand Local media recently reported that Bithumb, one of South Korea’s most prominent exchanges, has announced plans to make a move on the Japanese and Thai markets. Korea-Based Exchange Eyes New Markets In an exclusive with ZDNet Korea, Bithumb has announced that it plans to open operations in Japan…

SA Purple Group Confirms Adding Cryptos to Its Online Trading Platform

SA Purple Group Confirms Adding Cryptos to Its Online Trading Platform South African financial company Purple Group has confirmed the addition of two cryptocurrencies, bitcoin and ethereum, to its online trading platform. According to a representative, the decision came in response to strong demand from clients earlier this year. The move has expanded the trading…

Canadian Crypto Exchange Coinsquare to Launch in Japan

Canadian Crypto Exchange Coinsquare to Launch in Japan Canadian cryptocurrency exchange Coinsquare has announced its plan to enter the Japanese market pending approval by the country’s financial regulator. The new exchange will be launched under the Dlta21x brand. It will focus on Japan initially but has plans to expand into other Asian markets. Coinsquare Launching…

Malta: Crypto Exchange Binance Backs Plans to Create First Decentralized, Tokenized Bank

Malta: Crypto Exchange Binance Backs Plans to Create First Decentralized, Tokenized Bank The world’s second largest crypto exchange, Binance, is backing plans to create a blockchain-based bank with tokenized ownership, Bloomberg reports today, July 12. The future “Founders Bank” would be owned by digital token investors and be based in Malta, known for its robust and transparent crypto regulatory climate. According to Bloomberg, Binance…

Coinbase App Downloads Have Dropped, but Interest in Cryptos Isn’t Waning

Coinbase App Downloads Have Dropped, but Interest in Cryptos Isn’t Waning Due in part to the recent bear market for cryptocurrencies, digital currency exchange Coinbase has seen a drop in the number of downloads of its app, reaching levels that are comparable to April 2017. The drop could reflect fleeting interest from retail traders, but…

Trading Opens on Huobi’s New US-Based ‘Strategic Partner’ HBUS

Trading Opens on Huobi’s New US-Based ‘Strategic Partner’ HBUS Huobi crypto exchange has opened trading on its newly created U.S.-based “strategic partner” HBUS, according to a press release shared with Cointelegraph today, July 10. Huobi’s new cryptocurrency marketplace comes via a San Francisco-based partner company called HBUS, whose creation was first announced in early June. As of 10…

Crypto Exchange Huobi Opens Registration on New US-Based Trading Platform

Crypto Exchange Huobi Opens Registration on New US-Based Trading Platform Huobi, the world’s fourth largest crypto exchange, has opened registration on its newly created U.S.-based “strategic partner” trading platform, according to a press release shared with Cointelegraph today, July 6. Huobi’s new cryptocurrency marketplace comes via a San Francisco-based company called HBUS, whose creation was first announced in early June.…

Huobi Launches Australian Exchange Ahead of Blockchain Investment Plans

Huobi Launches Australian Exchange Ahead of Blockchain Investment Plans Chinese cryptocurrency exchange Huobi has confirmed trading on its new Australian platform begins today, July 5. The exchange is fourth largest in the world as of press time, with $713 million in daily trade volume, according to Coinmarketcap. In an announcement, Huobi, which last week also unveiled its London-based operation serving the European market, said…

Kraken Crypto Exchange, Community Blast Bloomberg Article on Tether ‘Red Flags’

Kraken Crypto Exchange, Community Blast Bloomberg Article on Tether ‘Red Flags’ Major crypto exchange Kraken has issued a scathing response to a recent Bloomberg article about stable cryptocurrency Tether (USDT) allegedly “defying logic” on Kraken’s platform. The article in question, titled “Crypto coin Tether defies logic on Kraken’s market, raising red flags,” was published on Bloomberg June 29, with comments and…

The Daily: Coinbase Custody Opens, Hitbtc Hits Back at McAfee, BTCC Relaunches

The Daily: Coinbase Custody Opens, Hitbtc Hits Back at McAfee, BTCC Relaunches Recent updates about the operations of cryptocurrency exchanges is the main focus in today’s edition of Bitcoin in Brief. Stories include the official opening of Coinbase Custody, a spat between Hitbtc and John McAfee, the relaunch of the BTCC exchange and Huobi’s postponement…

Kraken Goes Savage Against Tether Manipulation Allegations

Kraken Goes Savage Against Tether Manipulation Allegations Following a Bloomberg News expose, alleging market manipulation of controversial alternative token Tether (USDT) on its exchange, Kraken fires off a savage blog post mocking journalists and defending their business’ integrity. Kraken Goes Savage On Bloomberg On Tether: Journalists Defy Logic, Raising Red Flags reveals the San Francisco-based cryptocurrency exchange is…