Bithumb Overtook Binance as Largest Spot Exchange by Daily Volumes in November

Exchanges Cryptocompare, the cryptocurrency market data aggregator, has published its monthly exchange review for November 2018, offering insights about the latest changes in the global market using transaction data from over 70 trading venues. Also Read: IRS to Face Record Number of Crypto-Related Loss Claims Key Findings in the Report The authors of the report found […]

Binance to Launch Binancechain For ‘Millions of Coins,’ CEO Confirms

The world’s largest cryptocurrency exchange by means of traded volumes will be launching its own public blockchain in “a couple of months or so,” according to its CEO, Changpeng Zhao.  ‘There Will be Millions of Coins and Thousands of Blockchains’ Speaking at the stage of Forbes Asia Forum: Decrypting Blockchain, the CEO of the Binance […]

Venezuela Artificially Inflates Petro 150 Percent As Bitcoin Sets New Record

Venezuela saw yet another new record for Bitcoin use December 1 after another week of economic shake-ups made the cryptocurrency more appealing than ever. 1 Week, 1300 Bitcoins Data from Coin Dance confirms that in the seven days ending Saturday, Venezuelans transacted 1284 BTC ($5.1 million) via P2P trading platform Localbitcoins alone. In terms of […]

Why a Cryptocurrency Exchange Rating System is Overdue – Cointelligence [Interview]

Bitcoinist spoke with On Yavin, CEO of Cointelligence, an educational and data platform for the cryptocurrency space that will soon launch the first-ever cryptocurrency exchange rating system in early 2019.  A cryptocurrency exchange rating system is perhaps overdue for the crypto space given the history of hacks, scams and regulatory challenges that present barriers to […]

Huobi Debuts Cryptocurrency Derivatives Market Platform

Huobi just announced the launch of its cryptocurrency derivatives trading service – Huobi Derivative Market (Huobi DM). The Singapore-based exchange says the platform will initially handle USD-denominated Bitcoin Contracts. Huobi Cryptocurrency Derivatives Market The cryptocurrency exchange platform announced the launch of Huobi DM at the Cryptofrontiers conference in New York on Wednesday (November 28, 2018). […]

Meet The Man Who’s Building a Commission-Free ‘BitMEX’ [Interview]

Bitcoinist spoke with Adam Todd, CEO of Digitex Futures, a trading platform that aims to become a commission-free, non-custodial ‘BitMEX’ for cryptocurrencies built on Ethereum.  Bitcoinist: What is Digitex Futures? What are you doing that’s different/new? Can you give us your elevator pitch? Adam Todd: Digitex Futures is a commission-free, non-custodial futures exchange. Traders can speculate […]

South Korea Approves Its First Cryptocurrency Exchange Upbit

South Korea’s Internet and Security Agency (KISA) awarded Upbit an information security management system (ISMS) license, for its strong infrastructure.  Upbit Becomes First ISMS Licensed Exchange Upbit, South Korea’s largest cryptocurrency exchange by volume, has become the first to obtain an ISMS license. In December 2017, KISA decided that all internet and data related companies generating more […]

Defunct Bitcoin Exchange Mt. Gox to Extend Deadline for Civil Rehabilitation Claims

Defunct Japanese cryptocurrency exchange, Mt. Gox, recently announced plans to extend the deadline for rehabilitation claims till December 2018. Creditors of Collapsed Cryptocurrency Exchange May have Till December According to an official Mt. Gox document, rehabilitation trustee, Nobuaki Kobayashi, announced on Thursday (November 22), plans to extend filings for rehabilitation claims to December 26, 2018. […]

US ‘Investigating’ If Tether, Bitfinex ‘Illegally Moved’ Bitcoin Price to $20K

Bitcoin’s latest price plunge has coincided with fresh scrutiny of stablecoin Tether and exchange Bitfinex almost a year after both received subpoenas from US authorities. DoJ ‘Homing In’ On Tether, Bitfinex As Bloomberg reports November 20 citing “three people familiar with the matter,” Tether and Bitfinex, which share a CEO, are under suspicion of market […]

VanEck’s MVIS Debuts First Ever Bitcoin OTC Index, Binance Invests $3M in OTC Trader

Over-the-counter (OTC) trading gained visibility and prestige this week as MVIS launched the first cryptocurrency OTC index and Binance Labs made fresh investments. Circle, Genesis, And Cumberland: Bitcoin OTC Index Source In a press release November 20, German-based MVIS unveiled its latest digital asset index composed of what it calls “three of the leading providers […]