Bakkt Is Finally Taking Bitcoin Deposits, but You Wouldn’t Know It – CCN Markets

Bakkt picked a tough day to begin securing assets, but it’s still been on bitcoin’s highlight reel in 2019. | Source: Shutterstock Bakkt has been hailed as the leading catalyst for the bitcoin market this year, while visions of institutional capital danced in the crypto community’s collective heads. Today the bitcoin futures exchange made one giant …

Bitcoin Buyers Bask in Latest Legal Defeat for Bitfinex & Tether

The New York Supreme Court ruled that the matter between the state’s Attorney General and Bitfinex parent company iFinex can continue. The bitcoin price rose 5 percent in response. | Source: Shutterstock; Edited by CCN By CCN Markets: The bitcoin price moved higher on new legal developments in the ongoing wranglings involving Bitfinex and Tether. …

Binance US is Finally Launching, Will Co-Exist with Coinbase: CEO Zhao

By CCN Markets: Binance, the world’s largest crypto exchange by trading volume, is launching in the U.S. with a partnership with BAM Trading Services Inc. as Binance.US. The price of Binance Coin is up more than four-fold year-to-date (source: coinmarketcap.com) Speaking to CCN in an exclusive interview, Binance CEO Changpeng Zhao explained the motive behind …

CCN is Shutting Down after Google’s June 2019 Core Update

Dear readers, Let’s get straight to it. Google’s June 2019 Core Update rolled out on June 3th 2019 and CCN’s traffic from Google searches dropped more than 71% on mobile overnight. Our traffic has experienced a massive impact by Google’s June 2019 Core Update. Image from Sistrix.com.   CCN’s visibility index on Sistrix.com shows how …

Ex-Bitmain CEO Jihan Wu Unveils China’s Future Bitcoin Monopoly

By CCN: Bitcoin billionaire and former Bitmain CEO Jihan Wu is set to launch a new crypto trading platform next month that could eventually be granted a monopoly by the Chinese government. Jihan Wu Reveals New Path in Wake of Bitmain IPO Disaster Wu’s project, called Matrix, will be a custody and trading firm with …

Coinbase Loses Another C-Suite Exec amid Mass Exodus at the Exchange

By CCN: The hits just keep on coming for popular U.S.-based cryptocurrency exchange Coinbase. Asiff Hirji took to Twitter to reveal that after less than two years as the Coinbase president and chief operating officer in San Francisco, he was calling it quits. Incidentally, Hirji, who is a TD Ameritrade alum, joined Coinbase during bitcoin’s …

Binance Suffers Crippling Lag, Angry Crypto Traders Lose Thousands

By CCN: Binance users experienced extreme lag this morning, specifically with trade settlement and balance syncing. CEO Changpeng Zhao confirmed the issue on Twitter and promised the crypto exchange was working on it. Bitcoin Traders Scream Bloody Murder as Binance Succumbs to Lag Consequently, several crypto traders got stuck in trades they would otherwise have …

Watch Out! $375,000 of Cryptopia’s Stolen Ether on the Move

By CCN: Whale Alert, an account which automatically and manually notes large crypto transfers for Twitter followers, stated this morning that slightly more than $250,000 of stolen Cryptopia ether moved today. $250k Parked, $125k Moved to EtherDelta 1,000 ether moved to 0x7d90b19c1022396b525c64ba70a293c3142979b7, an address which holds no other tokens. Roughly the same amount of ether …

Defiant Binance CEO Insists ‘We Aren’t Short on Funds’ after $40 Million Hack

By CCN.com: Binance CEO Changpeng Zhao says that the exchange is not hurting at all after the $40 million hack that reportedly took place earlier today, in which hackers managed to withdraw around 7000 BTC. He encouraged anyone that wanted to make donations to make them instead to Binance Charity, during a live stream on …