Tag: Cryptocurrency Exchange

  • US Crypto Exchange Coinbase Adds Bitcoin Support to Coinbase Wallet App

    by levent

    United States cryptocurrency exchange and wallet Coinbase has added Bitcoin (BTC) to its Coinbase Wallet app, according to an announcement published Tuesday, Feb. 5. In August 2018, Coinbase had announced that Toshi, the open source decentralized app browser and wallet developed by Coinbase, will rebrand to become Coinbase Wallet. As explained by the crypto exchange, […]

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  • New Zealand Cryptopia Exchange Hack Continues

    by levent

    Two weeks after it first reported a hack, New Zealand-based cryptocurrency exchange Cryptopia is still compromised by cyber criminals, according to a blog post from blockchain infrastructure firm Elementus on Jan. 29. The exchange suspended services after detecting a major hack that reportedly “resulted in significant losses” on Jan. 15. Cryptopia stated that the hack occurred […]

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  • Leaders of South Korean Crypto Exchange Komid Jailed for Faking Volume: Local Media

    by levent

    Two leaders of the South Korean cryptocurrency exchange Komid were reportedly sentenced to serve jail time for faking exchange volumes, Korean crypto media outlet blockinpress reports on Jan. 18. The exchange’s CEO, surnamed Choi, received a three-year sentence, while another company leader with an unspecified role was purportedly sentenced to two years imprisonment for fraud, embezzlement and misconduct, the article […]

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  • Japanese Regulators Grant Cryptocurrency Exchange License to Coincheck

    by levent

    Japan’s finance regulator, the Financial Services Agency (FSA), has granted full permission for cryptocurrency exchange Coincheck to continue operating in the country. Cointelegraph Japanreported on the development on Jan. 11, quoting an official communique. Coincheck, which was hacked in January 2018, losing altcoin tokens worth $530 million at the time, now joins the slowly increasing number of officially sanctioned exchanges serving the Japanese market. The […]

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  • Coinbase Reportedly Bans Personal Account of Social Media Platform Gab Founder

    by levent

    The personal Coinbase merchant account of Andrew Torba, social media platform Gab’s founder, has been terminated, the official Gab.com account tweeted on Jan. 4. As blockchain blog Breaker reported earlier, Gab’s business account on Coinbase was allegedly closed in December. The news source put forward that a possible reason why it is hard for Gab to obtain a payment processor is […]

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  • Mexican State Bank Announces Stricter Rules for Crypto Exchanges

    by levent

    All crypto exchanges and banks providing crypto services in Mexico will now be obliged to receive a permit from the Bank of Mexico (Banxico), according to a September 10 circular published in the official daily of the Mexican government, the Diario Oficial de la Federacion. The letter called “General provisions on operations related to electronic payment funds” states that Banxico is responsible for […]

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