Category: Market

Cryptocurrency Exchange Coinbase to Introduce Block Trading

After Gemini (owned by Winklevoss twins), cryptocurrency exchange Coinbase has announced that it will start block trading. Apart from that, the exchange has also stated that it will open offices in Chicago in a bid to attract more institutional clients. According to a report in Business Standard, the firm is serious about starting block trading […]

Ripple’s Cross Border Payments Making a Mark

Ripple’s xRapid is gaining momentum, and that’s putting the traditional cross-border method of SWIFT under risk. The competition of Ripple’s technology and SWIFT’s conventional way of transfers is heating up. Ripple started off in 2012 with a promise to make cheaper and faster payments using blockchain technology. Swift, on the other hand, is an age-old […]

Binance Partners with CipherTrace to Improve AML Program

Cryptocurrency exchange Binance is partnering with a blockchain security company, CipherTrace, to work together on enhancing the former’s robust anti-money laundering (AML) compliance program. CipherTrace, will raise the exchange’s compliance standards in line with a worldwide progression of cryptocurrency regulations and developing frameworks. Talking about the partnership, Samuel Lim, the Chief Compliance Officer of Binance said, “The selection […]

Ripple to help Remittances from United States to Mexico

Ripple has no doubt become the undisputed champion of faster and cheaper remittances. Ripple has already created trouble for many banks traditional way of cross-border transactions such as SWIFT. The latest news is great for Americans and Mexicans alike. Ripple has partnered up with Cuallix to make remittances from the United States to Mexico much […]

Syscoin Rebrands Itself, Forms Official Syscoin Foundation

Syscoin had an interesting year in 2018. The company faced rumours about being hacked and servers breach and responded to it, by upgrading its software. On Wednesday, Syscoin announced that they are completely rebranding and as a result reinventing the company. The announcement read, “The Syscoin Foundation (“Foundation”) is pleased to announce the beginning of […]

Cryptocurrency Exchange Gemini Secures Insurance Coverage

Cryptocurrency exchange Gemini announced on Thursday that the company has secured insurance coverage for custodied digital assets. The insurance has been made possible by a consortium of  industry-leading insurers and arranged by a global professional services firm, Aon. The clearance came about when the company demonstrated  to underwriters, that it ” is a leading, best-in-class exchange […]

Breaking! Zebpay Announces Suspension Of Rupee Withdrawals

Yesterday, the crypto community in India was left in disappointment as the Supreme Court upheld Reserve Bank of India’s (RBI) directive on banks terminating their working relationships with cryptocurrency exchanges all over the country. In anticipation of this order, last month cryptocurrency exchange Zebpay, had posted a circular announcing that they would be stopping rupee withdrawals today. […]

Bakkt May Go Live in September This Year

Bitcoin futures company, Bakkt has announced that it is all set to launch its platform in September this year. After navigating through endless bureaucracy, the platform said it received an all clear to go ahead. In a Medium post, the platform said, “Our contracts have already received the green light from the CFTC through the self-certification […]
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