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LocalBitcoins is a cryptocurrency exchange with a difference. Based in Helsinki, Finland, the startup provides a platform for peer-to-peer Bitcoin trading. Registered users can use LocalBitcoins to advertise, buy, and sell Bitcoins, without having to use a conventional CEX exchange. With LocalBitcoins, it is the individual sellers who set the conditions. For this, and several […]
Leading exchange platform, Kraken has revealed they raised over $13 million in a new fundraising round. The San Francisco-based firm was hoping to make $10 million in this latest round of fundraising, but in fact, surpassed that mark with ease. In total, 2264 investors contributed to a total fund of $13.5 million. This more than […]
CoinEx launched their new market trading feature earlier this week which promises to “further advance the trading experience” on the service. The new service was rolled out on Monday (24th June 2019) and offers 4 separate features that make it stand out as a great addition to its platform for users. These are a Forced […]
While Bitcoin and the cryptocurrency industry, in general, are making massive strides to become mainstream facilitators of payments and other services, they are still illegal in several countries. As the world and its institutions become more aware of the potential benefits of the technology, more countries are lowering regulatory barriers, however a number still outright […]
United States House Financial Services Committee have announced that they have set a date for a hearing of the impending arrival of Facebook’s Project Libra to the crypto market and its impacts. Facebook’s own stablecoin released its white paper last week and naturally, it caused a stir. As has been the case for a long […]
The exchange platform Bitfinex are poised to begin derivative trading and it could be with maximum leverage it seems. With a member of their upper management having pointing towards the potential of this occurrence. Paolo Ardoino, their CTO announced implied to happen via Twitter last night, when he posted a leverage meter bar with the […]
Huobi is a long-standing cryptocurrency exchange. It was originally founded in China, and as such, suffered some setbacks in the aftermath of China’s crypto exchange ban. While its fellow Chinese exchange Binance has managed to thrive and gain significant fame, Huobi has floundered a bit since relocating to Seychelles. A big black mark that will […]
Major exchange platform, Kraken has announced they have finalised a deal that sees taking ownership of the multi-level crypto business, Crypto Facilities. The news broke today via a press release shared by Kraken in which they explained the new means that the pair combined “creates a global leader in cryptocurrency spot and futures trading”. London-based […]
According to a recent news bulletin, two brothers from Jerusalem, Israel, have been arrested for their part in the successful hack of major cryptocurrency exchange, Bitfinex. The brothers are also believed to be responsible for a series of phishing schemes and other malicious activities focusing on the crypto industry. The Bitfinex attack, which took place […]
Patrick McDonnell, a crypto scammer who called himself the Coyote of Wall Street has pleaded guilty to a count of wire fraud to a U.S. District Judge. The Coyote, who also used the name Jason Flack is believed to have conned victims through his company CabbageTech Corp over a period of three years. On social […]