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Binance Claims its First Margin Trading Victim

Leading cryptocurrency exchange, Binance, has executed its first liquidation today as the platform continues to test its new margin trading feature. Someone Got #REKT On Binance As CEO Changpeng Zhao (CZ) confirmed on social media June 24, the pilot scheme delivered its first liquidation –…

Winklevoss: ‘You Can Bet’ Bitcoin Price Will Hit $15k After $10k

Bitcoin price will have little trouble hitting $15,000 once resistance at $10,000 falls, Tyler Winklevoss believes. Bitcoin ‘Cheap Until It Disrupts Gold’ Writing on social media as Bitcoin price circled $9250, one half of the Winklevoss twins forecast that the cryptocurrency’s trajectory would see it…

KuCoin Becomes First Major Crypto Exchange To List Rival Binance Coin

Cryptocurrency exchange KuCoin has become the first in the industry to host the in-house token of a competitor trading platform, Binance. KuCoin: Exchanges Have ‘Same Objective’ Announced on June 18, KuCoin now provides trading support for Binance Coin 00, the native asset of exchange Binance.…

Bitcoin Back In G20 Spotlight As Industry Meets FATF Over Data Demands

Cryptocurrency exchanges will meet with the regulators who want to treat them like banks at the upcoming G20 Summit – but Bitcoin price has already shaken off concerns. FATF Meets Its Match As Bitcoinist reported last week, June 21 sees publication of new material from…

New Rules Make Korean Bitcoin Exchanges Liable for Customer Losses

Bithumb is one of five South Korean bitcoin exchanges that has adopted a new directive which mandates that platforms be liable for losses whether not they occur due to negligence on the part of the operators. Bithumb Adopts FTC Directive According to The Korea Herald,…

Venezuela Sets Bitcoin Trading Record With New Hyperinflated Banknotes

New currency reforms in Venezuela accompanied a decisive surge in Bitcoin trading this week, with informal markets setting new all-time highs. Bitcoin Boom As Central Bank Re-adds Zeros Data from monitoring resource Coin Dance reveals that in the seven days ending June 15, Venezuelans transacted…

‘Totally Absurd’ – New FATF Rules To Turn Bitcoin Exchanges Into Banks

Intergovernmental body the Financial Action Task Force (FATF) has committed to making 200 countries treat cryptocurrency exchanges like banks. FATF Among ‘Biggest Threats’ To Crypto As Bloomberg reported June 11, an update to how national regulators should treat businesses dealing with cryptocurrency tokens will officially…

Binance and Coinbase Traffic Soar Amid 14-Month High Bitcoin Volume

 May saw a surge in traffic to some key cryptocurrency exchanges as Bitcoin trading volumes on Binance and Coinbase hit a 14-month high. Coinbase Bitcoin Trading Volumes Spiked In May 2019 Most likely, U.S. President Donald Trump’s trade wars, Brexit turmoil, and the specter of…

Coinbase CEO Confirms Batched Transactions Coming ‘in a Few Months’

If we wanted to create a list of culprits slowing down Bitcoin adoption for all, Coinbase would rank pretty high. However, in a tweet yesterday, CEO Brian Armstrong finally confirmed batched transactions ‘should be coming out in a few months.’ Coinbase Congesting Bitcoin MemPool Since…

Mark Karpeles: My New Business Will ‘Make Japan Blockchain Leader’

The former CEO of defunct cryptocurrency exchange Mt. Gox, Mark Karpeles, wants to start a new Blockchain business in Japan. Karpeles’ Blockchain Gift To Japan Those were the plans Karpeles reportedly told the press in comments June 5, as he appeals a conviction for data…