SegWit is Coming to Coinbase and Bitfinex’s Bitcoin Exchanges

SegWit is Coming to Coinbase and Bitfinex’s Bitcoin Exchanges

Today, two of the world’s largest cryptocurrency investment platforms, Coinbase and Bitfinex, both announced that they were adopting support for Segregated Witness (SegWit) protocols for bitcoin (BTC) traded on their exchanges.
SegWit is Coming to Coinbase and Bitfinex’s Bitcoin Exchanges

SegWit is Coming to Coinbase and Bitfinex’s Bitcoin Exchanges

Today, two of the world’s largest cryptocurrency investment platforms, Coinbase and Bitfinex, both announced that they were adopting support for Segregated Witness (SegWit) protocols for bitcoin (BTC) traded on their exchanges.

Decentralized Exchanges Stake Their Claim in the Cryptocurrency Ecosystem

The cryptocurrency ecosystem has continued to take some major hits lately, causing many investors and holders to rethink the way they trade their crypto assets. Several high profile cryptocurrency hacks have made the news in the past few years.

Hong Kong Regulators Send Warnings to Non-Compliant Cryptocurrency Exchanges

Regulators in Hong Kong have issued a strict warning to exchanges doing business with Chinese customers about trading tokens deemed as securities. In an announcement today, Hong Kong’s Securities and Futures Commission (SFC) said it has sent letters to seven Hong Kong exchanges and firms attempting to fundraise through initial coin offerings (ICOs), warning them about the legalities of selling digital tokens with the characteristics of securities.

Bad News Bears: Cryptocurrency Stories of 2017 That Brought Us Down

2017 has seen its spate of both good and bad stories for all sides of the cryptocurrency space. Whether you believe in dutch tulips or you worship at the altar of Satoshi Nakamoto, there were reaffirming and disheartening stories for evcxzxeryone. Below are five of the stories that darkened an otherwise positive year for the industry. Segwit2x vs.

South Korea Moves to Regulate Domestic Bitcoin Trading, Exchanges

Since late November 2017, South Korea has looked to regulate cryptocurrency trading in domestic exchanges, including Bithumb, Coinone and Korbit,  The Korea Herald reports.

This New Group Wants to Jumpstart Kazakhstan’s Blockchain Sector

A collection of companies in Kazakhstan has submitted an application to be legally recognized as the state’s Blockchain and Cryptocurrency Association.
Bitcoin Hits $12,000 Ahead of Futures Contracts Launch

Bitcoin Hits $12,000 Ahead of Futures Contracts Launch

Bitcoin hit an all-time high of $12,000 today, with a market capitalization of around $200 billion, according to data from CoinmarketCap.

Billionaire Mark Cuban Says Futures Contracts Are a “Positive” for Bitcoin

As recently covered by CCN, the CME Group, the $51 billion U.

Exit Scam? Ethereum-based Confido Vanishes after Raising $374,000 ICO

Ethereum-based startup Confido, a little-known project that recently raised $374,000 in an ICO from investors in exchange for CFD tokens, has seemingly vanished from the internet, as all its social media profiles and website have been taken down. Investors are now looking into the situation, which points to a potential exit scam. Confido pitched itself as a blockchain-based app that allowed for smart contracts that acted as an escrow between buyers and sellers during transactions.

Karpeles Looks to Revive MtGox, Seeks $245 Million

Does anyone have $245 million to revive MtGox? Mark Karpeles, who has pleaded not guilty to charges of money laundering and embezzlement, claims reviving MtGox offers a way to allow creditors to get something from the bankruptcy. Otherwise, the complexity of the bankruptcy will make it hard for creditors to recover losses any time soon, Karpeles claimed in a recent blog.
Nasdaq Exec: Blockchain Progress Slow Amid Real-World Roadblocks

Nasdaq Exec: Blockchain Progress Slow Amid Real-World Roadblocks

Blockchain may be ready for primetime use on some of the world's largest stock exchanges, but that doesn't mean integrating the technology in financial systems will be an easy ride. At the London Blockchain Summit on Oct. 31, Nasdaq Clearing's recently promoted head of product development, Gustaf von Boisman, addressed this gap, highlighting how the technology's current capabilities aren't necessarily yielding quick implementations. As such, the talk served to illustrate how even widely anticipated use cases are struggling to graduate from the laboratory.
Where to Trade Bitcoin? Brokerage Apps Move In Amid Market Boom

Where to Trade Bitcoin? Brokerage Apps Move In Amid Market Boom

Established brokers and startups want in on the crypto boom – but, Trading 212 is a bit of both. Founded by Bulgarians Ivan Ashminov and Boris Nedialkov, Trading 212 is the trade name for Avus Capital, a broker-dealer with roots going back 14 years in foreign exchange and commodities dealing in Europe. But while the company isn't exactly new, what it's doing with share trading and cryptocurrencies is – and it seems to be generating success so far. Its app is the most-downloaded trading app in the UK, with the company now providing a full-blown trading operation, with markets in some 2,500 instruments, ranging from shares to commodities.
App Maker Kakao Is Launching a Cryptocurrency Exchange

App Maker Kakao Is Launching a Cryptocurrency Exchange

South Korean fintech firm Dunamu, operator of the securities trading app Kakao Stock, is gearing up to launch a new cryptocurrency exchange. Set up in partnership with the U.S.-based exchange Bittrex and currently in open beta testing mode, Upbit will support the trading of over 110 tokens from 171 different markets. Anticipated by Dunamu to be the largest cryptocurrency exchange in the country when fully launched, Upbit is set grow the number of cryptocurrencies that can be directly traded for Korean won, and will "gradually" add new digital currencies to the platform.
Fraudsters Post Fake Poloniex Cryptocurrency Trading Apps to Google Store

Fraudsters Post Fake Poloniex Cryptocurrency Trading Apps to Google Store

Security researchers have discovered at least three fraudulent apps on the Google Play store purportedly tied to the Poloniex cryptocurrency exchange. An article posted on IT security firm ESET’s news site We Live Security details how two of the apps, respectively called "Poloniex" and "Poloniex Exchange," were put onto the Android app service and downloaded more than 5,500 times before being removed.
Thinking Big? Bank Blockchains Will Advance By Doing Anything But

Thinking Big? Bank Blockchains Will Advance By Doing Anything But

Noelle Acheson is a 10-year veteran of company analysis, corporate finance and fund management, and a member of CoinDesk's product team. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday, exclusively to our subscribers.
LedgerX Trades $1 Million in Bitcoin Derivatives in First Week

LedgerX Trades $1 Million in Bitcoin Derivatives in First Week

The first regulated cryptocurrency derivative trades have taken place on a U.S. exchange. In a statement to the press today, bitcoin trading platform LedgerX confirmed rumors that it has already begun trading cryptocurrency derivatives, an offering it first received approval to begin selling to institutional investors in July. According to figures provided by the company, LedgerX saw 176 swaps and options contracts traded in its first week, with notional values of more than $1 million.

How Decentralized Exchanges Make Bitcoin More Resilient (and Us More Free)

Governments and central banks all over the world are gradually warming up to the idea of leveraging the unique advantages offered by blockchain technology — low-cost transactions permanently recorded in tamper-proof distributed ledgers — to modernize their financial systems. According to sources familiar with the matter, the Indian government is considering a proposal to introduce its own cryptocurrency similar to Bitcoin, Business Standard reported last week.
CFTC Investigating Ether Crash on Coinbase Exchange

CFTC Investigating Ether Crash on Coinbase Exchange

The U.S. Commodity Futures Trading Commission (CFTC) is reportedly making enquiries into the ether flash crash that occurred earlier this year on Coinbase's GDAX trading platform. The flash crash, which occurred on June 21, saw the price per dollar of the ethereum token plummet from $365.
Bitcoin Exchange BTCC Brings Chinese Trading to a Close

Bitcoin Exchange BTCC Brings Chinese Trading to a Close

BTCC, an international cryptocurrency exchange with headquarters in China, has announced it has ceased all domestic trading activities. On its website, BTCC now states that all local trading in yuan and cryptocurrencies has been officially suspended as of midday, September 30, Beijing time. The exchange stopped accepting deposits on September 27, with China-based users being advised to withdraw their funds from the exchange before the end of October.
Alleged Bitcoin Money Launderer Has First Extradition Hearing

Alleged Bitcoin Money Launderer Has First Extradition Hearing

Alleged former BTC-e employee Alexander Vinnik appeared in a Greek court on Friday for the first of what could be several hearings to determine where he will ultimately stand trial. Arrested in July by authorities on behalf of the U.S. government, Vinnik was charged with money laundering, computer hacking, fraud and drug trafficking alongside his former employer, bitcoin exchange BTC-e.
Japan Issues Licenses for 11 Bitcoin Exchanges

Japan Issues Licenses for 11 Bitcoin Exchanges

Japan's Financial Services Agency (FSA) has issued operating licenses to 11 bitcoin exchanges. In an announcement today, the regulator confirmed the action, one that follows an amendment to the payment services law that mandated all cryptocurrency exchanges register with authorities by the end of September. Passed in April, the new law established bitcoin as a legal payment method and extrapolated security guidelines for cryptocurrency exchanges.
ICO First: Farm Collective Wins Clearinghouse Approval for Token Sale

ICO First: Farm Collective Wins Clearinghouse Approval for Token Sale

The first initial coin offering (ICO) to be sanctioned by a traditional clearing and settlement platform is now underway in Russia. Just days after signing an agreement with NP RTS Group, the LavkaLavka farming collective has discreetly begun taking orders for a pre-sale of its "biocoin" tokens. So far, the organization has raised $500,000 toward a $15 million goal. But if successful, the ICO would fund the creation of an expansive loyalty platform, one that would link together 200 farms, restaurants, cafes and small businesses that today have had difficulty getting capital from traditional banks.
CME Dashes Hopes For Bitcoin Futures Contract, But Upbeat On Bitcoin

CME Dashes Hopes For Bitcoin Futures Contract, But Upbeat On Bitcoin

CME Group, the world’s largest futures exchange, will not be introducing bitcoin futures, a hope that emerged when the company introduced a bitcoin index last year. Bryan Durkin, president of the group, told Bloomberg Television his company does not expect to go forward with a futures contract in the near future.
NEO Leads Crypto Market With 30% Price Surge

NEO Leads Crypto Market With 30% Price Surge

NEO, the eighth largest cryptocurrency in market capitalization, surged nearly 30% in the last 24 hours to a $33.78 price and a market capitalization of $1.689 billion, according to coinnmarketcap.com. Source: Coinmarketcap.