Coming from a physics background the unpredictability and intrigue of the cryptoverse attracted me to take a dive in this field. I am all eyes and ears for the latest trends in blockchain and crypto sphere. Whenever I am not writing or researching, I love to read sci-fi novels, play basketball and watch action movies. I strongly believe that blockchain and cryptocurrency will bring lasting transformations in people’s lives in the years to come. You can reach out to me at supriya [at] coingape.com.
South African Reserve Bank plans to implement new rules to stop cryptos help evade tax controls. While currency controls is a broad term, the statement is more pertinent to foreign exchange control. Rules To Be Applicable from Q1 2020 South African Reserve Bank is all set to clamp down on crypto exchanges. The former will
South African Reserve Bank plans to implement new rules to stop cryptos help evade tax controls. While currency controls is a broad term, the statement is more pertinent to foreign exchange control. Rules To Be Applicable from Q1 2020 South African Reserve Bank is all set to clamp down on crypto exchanges. The former will
In a recent development, Binance has announced that it is all set to launch TROY TRADE as its ninth initial exchange offering on the Binance Launchpad. Global Scale Brokerage Platform TROY Trade was established in 2018 and is a global scale brokerage platform. The latter specializes in cryptocurrency asset management. As a matter of fact,
In a recent development, Binance has announced that it is all set to launch TROY TRADE as its ninth initial exchange offering on the Binance Launchpad. Global Scale Brokerage Platform TROY Trade was established in 2018 and is a global scale brokerage platform. The latter specializes in cryptocurrency asset management. As a matter of fact,
Traditional finance and cryptocurrencies have finally found a connection. As per recent reports, starting 2020, it might be legal for German banks to sell cryptocurrencies like Bitcoin and Ethereum and also provide custody solutions. Bill Awaits Consensus of 16 States In the present scenario, German financial institutions are not allowed to sell crypto assets to
Traditional finance and cryptocurrencies have finally found a connection. As per recent reports, starting 2020, it might be legal for German banks to sell cryptocurrencies like Bitcoin and Ethereum and also provide custody solutions. Bill Awaits Consensus of 16 States In the present scenario, German financial institutions are not allowed to sell crypto assets to
Post the announcement of IDAX withdrawal channel congestion on the 24th of November, access to all cold wallets and any deposit/withdrawals has been restricted. If speculations are to be believed the backlog of withdrawals is likely due to company’s decision to leave the market in China. Is it another Exit Scam? On the 24th of
Post the announcement of IDAX withdrawal channel congestion on the 24th of November, access to all cold wallets and any deposit/withdrawals has been restricted. If speculations are to be believed the backlog of withdrawals is likely due to company’s decision to leave the market in China. Is it another Exit Scam? On the 24th of
With news of Upbit exchange hack doing rounds, there is yet another twist to the whole Saga. Jeff Paik, CEO at Finector has thrown light on the fact that how this case can be one of the instances of crypto exchanges hacking themselves to avoid taxes. The Case of Bithumb Hack Jeff Paik reiterated the
With news of Upbit exchange hack doing rounds, there is yet another twist to the whole Saga. Jeff Paik, CEO at Finector has thrown light on the fact that how this case can be one of the instances of crypto exchanges hacking themselves to avoid taxes. The Case of Bithumb Hack Jeff Paik reiterated the
In a recent development, Upbit has notified users of the theft of 342,000 Ether (ETH) from its hot wallet. Furthermore, the incident has been confirmed in an official statement by the CEO of Upbit’s operator, Dunamu. Losses Will Be Covered by Corporate Assets Lee Seok-woo, CEO of Upbit’s operator mentioned revealed that: “At 1:06 PM
In a recent development, Upbit has notified users of the theft of 342,000 Ether (ETH) from its hot wallet. Furthermore, the incident has been confirmed in an official statement by the CEO of Upbit’s operator, Dunamu. Losses Will Be Covered by Corporate Assets Lee Seok-woo, CEO of Upbit’s operator mentioned revealed that: “At 1:06 PM
As per recent reports, the South Korean cryptocurrency exchange Upbit has stopped trading after the withdrawal of 60 Billion Won. Furthermore, the exchange released a notice at 04:30 UTC today suspending crypto deposits and withdrawals due to server check. KISA Investigates Crypto community suspects that the exchange has been hacked and the Korea Internet &
As per recent reports, the South Korean cryptocurrency exchange Upbit has stopped trading after the withdrawal of 60 Billion Won. Furthermore, the exchange released a notice at 04:30 UTC today suspending crypto deposits and withdrawals due to server check. KISA Investigates Crypto community suspects that the exchange has been hacked and the Korea Internet &
Zhou Xiaochuan, President of the Chinese Finance Association and former governor of People’s Bank of China in a recent forum has said that China will continue to build its digital currency for payment and retail purposes. Fiat Currency Is a Symbol of National Sovereignty The statement was made in the Caixin Hengqin Forum today. He
Zhou Xiaochuan, President of the Chinese Finance Association and former governor of People’s Bank of China in a recent forum has said that China will continue to build its digital currency for payment and retail purposes. Fiat Currency Is a Symbol of National Sovereignty The statement was made in the Caixin Hengqin Forum today. He
In a recent development, Binance’s margin trading platform has added XTZ margin trading to its platform. Binance Launches Margin Trading for Tezos The new margin trading pairs include XTZ/BTC, XTZ/USDT. The previous week, as reported by Coingape, Binance increased its margin trading leverage to 5x and also enabled an adjustment function on its web interface.
In a recent development, Binance’s margin trading platform has added XTZ margin trading to its platform. Binance Launches Margin Trading for Tezos The new margin trading pairs include XTZ/BTC, XTZ/USDT. The previous week, as reported by Coingape, Binance increased its margin trading leverage to 5x and also enabled an adjustment function on its web interface.
The Binance – TheBlock Saga has yet another twist to it. A recent tweet by Primitive Crypto Founder, Dovey Wan has cleared the air about the Binance office shutting down in Shanghai. Interestingly, Binance CEO, Cz has responded with a thumbs-up sign on the post. Binance – Block Saga Continues Binance Shanghai office is an
The Binance – TheBlock Saga has yet another twist to it. A recent tweet by Primitive Crypto Founder, Dovey Wan has cleared the air about the Binance office shutting down in Shanghai. Interestingly, Binance CEO, Cz has responded with a thumbs-up sign on the post. Binance – Block Saga Continues Binance Shanghai office is an
DX Exchange, which shut down earlier this month, is reportedly undergoing bankruptcy proceedings. Furthermore, employees of parent company CX Technologies Ltd have filed a petition in an Israeli court to dissolve the exchange. No Payouts Since September The exchange, which had deployed NASDAQ’s matching engine and market surveillance closed its operations in early November. The exchange
DX Exchange, which shut down earlier this month, is reportedly undergoing bankruptcy proceedings. Furthermore, employees of parent company CX Technologies Ltd have filed a petition in an Israeli court to dissolve the exchange. No Payouts Since September The exchange, which had deployed NASDAQ’s matching engine and market surveillance closed its operations in early November. The exchange
Bakkt platform has yet again hit a new ATH. A recent tweet by Bakkt Volume Bot, leading derivatives market data provider has revealed that more than $20.3 million or 2738 monthly futures contracts were traded in Bitcoin on the 22nd of November. Bakkt Trades 2738 Contracts The new volume is 30% higher than the previous
Bakkt platform has yet again hit a new ATH. A recent tweet by Bakkt Volume Bot, leading derivatives market data provider has revealed that more than $20.3 million or 2738 monthly futures contracts were traded in Bitcoin on the 22nd of November. Bakkt Trades 2738 Contracts The new volume is 30% higher than the previous
While the crypto market experiences a deep correction, Tezos is up 9.33%. At press time, XTZ token is trading at $1.36. The price rise can be attributed to the platform’s partnership with, Tribe, Singapore’s first government-supported platform for driving blockchain growth. One of the possible reasons also includes the fact that the French Military police
While the crypto market experiences a deep correction, Tezos is up 9.33%. At press time, XTZ token is trading at $1.36. The price rise can be attributed to the platform’s partnership with, Tribe, Singapore’s first government-supported platform for driving blockchain growth. One of the possible reasons also includes the fact that the French Military police
A recent regulatory update by People Bank of China’s(PBOC) Shanghai Head office has affirmed that the bank will continue to strengthen regulation and control and clamp down crypto trading. No Virtual Currency Business To Exist In China The Shanghai Financial Stability Joint Conference Office and the Shanghai Headquarters of the People’s Bank of China going
A recent regulatory update by People Bank of China’s(PBOC) Shanghai Head office has affirmed that the bank will continue to strengthen regulation and control and clamp down crypto trading. No Virtual Currency Business To Exist In China The Shanghai Financial Stability Joint Conference Office and the Shanghai Headquarters of the People’s Bank of China going
China has been well known for its wayward stance towards cryptos. While there were rumors that China will adopt crypto when China passed the cryptographic law, however, the reality is far from true. On the other hand, China’s blockchain initiatives suggest that it is bringing banking-grade security to blockchain and earnestly working on regulating blockchain.
China has been well known for its wayward stance towards cryptos. While there were rumors that China will adopt crypto when China passed the cryptographic law, however, the reality is far from true. On the other hand, China’s blockchain initiatives suggest that it is bringing banking-grade security to blockchain and earnestly working on regulating blockchain.
Huobi DM, Huobi’s crypto contract service platform is all set to launch perpetual contracts in Q1 2020. The latter is quite similar to a traditional futures contract but has no expiry or settlement. Huobi On An Expansion Spree HuobiDM will face terse competition from exchanges like Bithumb, KuCoin, and FTX in offering the new perpetual
Huobi DM, Huobi’s crypto contract service platform is all set to launch perpetual contracts in Q1 2020. The latter is quite similar to a traditional futures contract but has no expiry or settlement. Huobi On An Expansion Spree HuobiDM will face terse competition from exchanges like Bithumb, KuCoin, and FTX in offering the new perpetual
BitMEX Research and Coinmetrics have collaborated together to release txstats.com. It is the successor of P2STxstats.com and will provide in-depth, high quality and timely information about how the Bitcoin network is used. Platform Will Also Provide Fee Estimation The platform will be providing information around specific elements of Bitcoin transactions such as: P2SH transaction statistics, Multi-signature
BitMEX Research and Coinmetrics have collaborated together to release txstats.com. It is the successor of P2STxstats.com and will provide in-depth, high quality and timely information about how the Bitcoin network is used. Platform Will Also Provide Fee Estimation The platform will be providing information around specific elements of Bitcoin transactions such as: P2SH transaction statistics, Multi-signature
The cryptocurrency trading sphere is slowly warming up to zero-fee trading. The trend first started with exchange-traded funds and then moved up to online stock platforms. The recent exchange to start offering zero-fee trading is Shapeshift. Let us have a look at trading platforms offering zero-fee trading. Will ShapeShift See An Increasing In Trading Volume
The cryptocurrency trading sphere is slowly warming up to zero-fee trading. The trend first started with exchange-traded funds and then moved up to online stock platforms. The recent exchange to start offering zero-fee trading is Shapeshift. Let us have a look at trading platforms offering zero-fee trading. Will ShapeShift See An Increasing In Trading Volume
Former Goldman Sachs Chairman and CEO Lloyd Blankfein believes that while crypto assets will in the future form the basis of the economy, they are yet to mature. The ongoing Global Financial Leadership Conference (GFLC) Florida saw Blankfein expressing his skepticism over crypto assets. Crypto Assets Have A Long Way to Go Undoubtedly, crypto adoption
Former Goldman Sachs Chairman and CEO Lloyd Blankfein believes that while crypto assets will in the future form the basis of the economy, they are yet to mature. The ongoing Global Financial Leadership Conference (GFLC) Florida saw Blankfein expressing his skepticism over crypto assets. Crypto Assets Have A Long Way to Go Undoubtedly, crypto adoption
Monetary Authority of Singapore, in a recent statement, has proposed green-lighting crypto-token derivatives to list and trade on approved domestic exchanges. The proposal suggests that derivatives trading be regulated under the Securities and Futures Act. MAS to Regulate Derivatives Trading The global race for crypto derivatives is accelerating as institutional investors are earnestly finding new
Monetary Authority of Singapore, in a recent statement, has proposed green-lighting crypto-token derivatives to list and trade on approved domestic exchanges. The proposal suggests that derivatives trading be regulated under the Securities and Futures Act. MAS to Regulate Derivatives Trading The global race for crypto derivatives is accelerating as institutional investors are earnestly finding new
