Although the “crypto winter” has managed to wipe off around 84% of the cumulative market cap, certain records were still broken in 2018. Forbes reports that a record-breaking $559 million worth…
Blockchain conference. Consensus: Singapore 2018.
Tag: Exchange
Binance’s 2018 Profits Estimated at $446 Million, Less Than Expected
Based on Block’s calculations, the world’s largest cryptocurrency exchange has brought in $446 million in profits. In July 2018, Changpeng Zhao (CZ), the Chief Executive Officer of Binance, said he “expects a…
JP Morgan To Issue Its Own Cryptocurrency - JPM Coin
JP Morgan is the first major international bank to issue its own cryptocurrency – JPM Coin, CNBC reports today. The goal is to use the digital coin in the payments business,…
Quadriga CEO Death - “Lost” Assets Now Being Moved
The drama surrounding the crypto exchange Quadriga has taken another twist this week. As Newconomy already reported, it all started when Gerry Cotten, founder and CEO of the said exchange, suddenly…
Crypto Exchange QuadrigaCX Owed $190 Million to its Customers
QuadrigaCX, the largest cryptocurrency exchange in Canada, owes around $190 million to its customers, a court filing shows. Two weeks ago, QuadrigaCX’s founder and CEO, Gerry Cotten, passed away at…
Seven Cryptocurrency Exchanges are Working With Nasdaq
Nasdaq, the second-biggest stock exchange in the world, is currently cooperating with seven cryptocurrency exchanges, Forbes reports. The news came as a surprise as the previous understanding was that the number…
Price Analysis as Stellar (XLM) Extends its Losses, Hits a Fresh 13-month Low
Stellar Lumens (XLM) has continued to dip lower in today’s session as the coin struggles to keep its head above the water. The XLM has now lost as much as 25%…
Price Analysis as Ethereum (ETH) Continues to Trade Sideways
Ethereum (ETH) has continued to trade sideways this week as it struggles to entertain investors. The third largest digital currency has been trading between $107 and $134 for almost two weeks…
Price Analysis as Decision Time Looms Over Binance Coin (BNB)
Binance Coin (BNB) has continued to move higher in the last couple of days as it continues to recover from the recent 2018 fall. The bearish move, which had started in…
South Korean Exchange Leaders Sentenced to Jail for Fraudulent Volume Reports
Mr. Choi Hyunsuk and Mr. Park, two leaders of the cryptocurrency exchange Komid, were sentenced to serve time in jail, The News Asia reports. The CEO of Komid, Mr. Choi, received…