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Exchanges

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Bithumb, the biggest crypto exchange in Korea has officially sold over 38% of its owned shares to the BK Group making it the biggest shareholder as the deal is pushed through. The deal was facilitated by the BTC Holdings company which owned a huge 76% stake in the crypto exchange. Selling 50% of its shares and adding 1 share to finish the deal, BK Group, originally a plastic surgery firm, has become a major shareholder.…

Buda exchange, one of Chile’s largest cryptocurrency exchanges by trading volume has recently introduced support for Lighting Network payments (LN) on its platform. Buda looks to enable users experiment with the second layer scaling solution. According to the exchange’s publication, users will be able to make payments via the Lightning Network using funds deposited on the exchange. To complete the payment process, users will need to get an invoice from a vendor accepting LN payments…

ZRX token has been listed by U.S. popular exchange Coinbase and is available on its professional trading platform, Coinbase Pro. The token launch announced in a tweet by the Coinbase pro team read: ZRX is launching on Coinbase Pro! The ZRX/USD, ZRX/BTC, and ZRX/EUR order books have entered transfer-only mode. Traders can deposit ZRX, but cannot yet place or fill orders. Order books will remain in transfer-only mode for at least 12 hours. The exchange also…

Bitfinex, British based crypto exchange has temporarily paused EUR, USD, JPY and GBP fiat deposits on all trade accounts linked to its platform; although customers believe trade will normalize within the week. Last week, online rumours had surfaced claiming that Bitfinex exchange is ‘insolvent’ especially as its banking partner Noble Bank International had been put up for sale; a report which the exchange representatives described as fictitious while denying the claims. According to their publication in…

Olympic Games- Ripple (XRP) has in recent weeks made headlines in the crypto industry for a wide range of achievements, from hosting a top notch SWELL conference, to rolling out great initiative programs and a quick toggle with Ethereum for the second spot on coin market standings. Its latest feat is the drive to become the official cryptocurrency of the 2020 Olympic Games as crypto and blockchain adoption keeps taking center stage. This Olympics initiative…

Binance, world’s number one and largest crypto exchange by trading volume has announced effective changes to its coin listing policy and a 100% donation of all coin listing fees/charges to charity. The term listing involves a process where exchanges add new coins to the list of tradable assets already available on their platform. Previously, Binance varied its listing fees based on a number of factors such as type of token and expected daily volume. According…

Yale University, a United States Ivy league university is reportedly part of a group that is helping to raise $400 million for a huge cryptocurrency fund project, making it one of the largest of such investment funds. According to multiple sources, the university is taking a shot at cryptocurrency via the fund named ‘Paradigm’, founded by Coinbase co-founder Fred Ehrsam, Charles Noyes of Pantera capital and former Sequoia Capital partner Matt Huang. An interesting part…

The Winklevoss twins have been known for their innovations in bringing crypto tech mainstream, but the Gemini exchange remains the crown jewel in the empire they built. In promising news, the Gemini exchange is set to support insurance cover for consumer assets. Consumers are looking for the same levels of insured protection they’re used to being afforded by traditional financial institutions. Educating our insurers not only allows us to provide such protections to our customers,…

Soulja Boy, popular American rapper with a huge fan base has released a new album titled Young Drako. The album which features traditional rap tracks and other artiste collaborations; also features a major talking point; with one track off the album titled ‘Bitcoin’. The track titled Bitcoin, focuses on the artists’ love for cryptocuerrency as well as an insight into his purported success while making money as a trader. The song was uploaded yesterday on…

Argentina, South American nation has been caught in an economic crises with a predicted 40% rise in inflation by year end and the with country’s fiat currency, Peso dipping in value to as low as 50% against the U.S. dollar. In lieu of this economic decline, many nationals now turn to cryptocurrencies especially Bitcoin, to cushion the effect of this decline and stay afloat of the current economic woes of the nation. To this end…