Articles by Supriya Saxena
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South Africa
Bitcoin News
South Africa
Bitcoin News

Crypto Update: African Reserve Bank Plans to Curb Crypto Adoption

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

ICO & IEO News
ICO & IEO News

Binance To Launch Troy Trade As 9th Initial Exchange Offering On Binance Launchpad

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,

Altcoin News
Altcoin News

Crypto Adoption: German Banks To Soon Provide Crypto Services

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

alert
Altcoin News
alert
Altcoin News

IDAX CEO Still Missing, Speculations of An Exit Scam Rise

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

Altcoin News
Altcoin News

Was Upbit Hack An Attempt To Evade Taxes?

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

Upbit
Altcoin News
Upbit
Altcoin News

Hacked Exchange Upbit Announces Major Steps To Cover Lost ETH

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

hack
Altcoin News
hack
Altcoin News

Hack or FUD? Upbit Suspends Deposits & Withdrawals Post 60 Billion Won in Crypto Withdrawal

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 &

china
Regulation News
china
Regulation News

Former PBOC Governor Reveals Facts About Digital Yuan’s Development

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

Altcoin News
Altcoin News

Binance Update: Binance Adds Margin Trading for Tezos [XTZ]

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.

binance vs the block
Altcoin News
binance vs the block
Altcoin News

Binance – The Block Saga Continues, Dovey Wan Reveals Key Facts

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
Altcoin News
DX. Exchange
Altcoin News

DX. Exchange’s Parent Company Faces Multi-Billion Dollar Scam Allegations

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
Bitcoin News
Bakkt
Bitcoin News

Bakkt Establishes New ATH, Trades Contracts Worth $20.3 MM in 24- Hours

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

Tezos
Altcoin News
Tezos
Altcoin News

Tezos Shoots Up Nearly 10% While the Top Coins Bleed

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

china ban crypto
Regulation News
china ban crypto
Regulation News

Breaking: Investors Should Not Mix Blockchain With Virtual Currencies- People’s Bank Of China

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 Blockchain
Blockchain News
China Blockchain
Blockchain News

China Bringing Bank-Grade Regulation to Blockchain But It Is Not Ready to Embrace Crypto

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
Bitcoin News
Huobi DM
Bitcoin News

Crypto Derivatives Update: Huobi DM To Roll Out Perpetual Swap Contracts in Q1 2020

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
Altcoin News
bitMEX
Altcoin News

BitMEX Releases Bitcoin Network Information Platform TStats

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

Crypto Market
Altcoin News
Crypto Market
Altcoin News

Is Zero Commission Trading Helping Crypto Exchanges? A Realistic Take

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

Altcoin News
Altcoin News

Crypto Markets Still Cannot Be Termed Matured Assets – Former Goldman Sachs CEO

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

Bitcoin News
Bitcoin News

Singapore Regulator To Allow Crypto Derivatives Trading on Approved Exchanges

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