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Italian Court Rules Bankrupt Crypto Exchange BitGrail Must Stay Closed

Italian cryptocurrency exchange BitGrail won’t be reopening anytime soon, despite its wishes to the contrary. Last Thursday, on May 17, the Court of Florence fully upheld a preliminary order barring the exchange — which is currently undergoing bankruptcy proceedings — from resuming operations and once…

Binance Confirms Listing of The ZenCash Privacy Coin

ZenCash (ZEN) has just been added to Binance as the exchange’s 127th coin. ZenCash is a privacy coin that uses a similar technology which ZCash uses to secure the private blockchain. Binance Lists ZenCash Binance has just announced that they will be adding another cryptocurrency…

‘Game-Changer’: Institutional-Trader Crypto Exchange LMAX Opens in the UK

UK financial platform LMAX has suddenly entered cryptocurrency with the launch of a new exchange solely for institutional investors. CEO: Crypto ‘Coming Of Age’ According to a press release May 21, eight-year-old LMAX, which is regulated by the UK’s Financial Conduct Authority (FCA), is seeking…

Cryptocurrency Exchange Huobi Poaches CEO from Major Rival OKEx

Former OKEx CEO Chris Lee has joined rival cryptocurrency exchange Huobi as its vice president of global development, just days after stating that he was leaving his former employer so that he could spend more time with his family. Huobi made the announcement on Monday,…

Startup Teams Samourai Wallet on App to Trade Bitcoin Without the Internet

GoTenna, a decentralized startup, has teamed with Samourai Wallet, a bitcoin wallet focused on privacy and security, on an app that allows users to trade bitcoin when not connected to the web. The TxTenna app marks an effort to further decentralize the bitcoin network, according…

Coincheck to Delist Privacy Coins Monero, Zcash, and Dash

Japanese cryptocurrency exchange Coincheck has will delist trading pairs for privacy-centric cryptocurrencies monero (XMR), zcash (ZEC), and dash (DASH) next month. The Tokyo-based exchange, which was purchased by brokerage firm Monex following a high-profile January hack that saw the platform lose $530 million in NEM…

More Crypto Exchanges Set up Shop in India Despite RBI Ban

Despite the RBI ban, there are reports of more cryptocurrency exchange platforms springing up in India. The country’s apex bank issued a directive in April prohibiting banks from facilitating crypto transactions. New Local Exchange Platforms Beginning in July, India’s banks must comply with the RBI crypto…

eToro’s 9M Users Set To Increase with US Exchange & Wallet Launch

UK-based trading platform eToro has announced it will launch an international cryptocurrency exchange and mobile wallet, debuting in the US for the first time. $100M Series E Funds Put To Work As part of a keynote speech at the Consensus 2018 conference in New York…