Dubai Bitcoin Exchange BitOasis Wins Preliminary License in Middle East First

By CCN: The United Arab Emirates has granted crypto exchange BitOasis a preliminary license which allows it to operate a digital asset wallet and a trading platform in the region. According to Dubai-based BitOasis, this will make the firm Middle East’s first regulated bitcoin exchange. The preliminary license was granted by the Financial Services Regulatory …

Ex-Minnesota Vikings Owner Ensnared in Massive Bitcoin Scandal

By CCN: One of bitcoin’s biggest scandals just keeps growing more bizarre, as reports now indicate that former Minnesota Vikings co-owner Reginald “Reggie” Fowler finds himself ensnared by the scheme. The U.S. Justice Department charged Fowler – who also helped bootstrap the now-defunct Alliance of American Football – over his role in concocting a shadow …

Why Does Crypto Giant Coinbase Keep Shooting Itself in the Foot?

Coinbase is the most popular U.S.-based cryptocurrency exchange. The company boasts more accounts than the likes of Charles Schwab. Coinbase CEO Brian Armstrong has the ambitious goal for Coinbase to become the “Google of crypto,” suggesting that its relevance to Web 3.0 could rival that of the internet search giant’s stamp on the early version …

Binance CEO ‘Very Confident’ in Cryptocurrency Industry’s Future

Binance CEO Changpeng Zhao (CZ) has expressed deep confidence in the prospects of cryptocurrency despite the challenging industry conditions that have defined most of 2018. Speaking during a conversation with “Bloomberg Daybreak: Middle East” hostsTracy Alloway and Yousef Gamal El-Din, he also stated that Binance intends to start off the new year “with a bang” in line …

Wealthfront Announces Coinbase Account Integration to Track Your Crypto

Wealthfront The SEC-registered investment advisor Wealthfront has recently announced that it now supports Coinbase wallets and accounts. Wealthfront users will now be able to use the financial planning tool to track their cryptocurrencies. Wealthfront has created this feature as it’s one of the “most requested” by their clientele who are looking to expand into the …

Hydro to Fork Coinbase-Listed 0x (ZRX), Get Rid of Crypto Token

The Hydro Foundation has announced its decision to fork the 0x (ZRX) protocol. In a statement signed by CEO Tian Li, who is also the CEO of Ethereum DEX platform DDEX, the company revealed that even though 0x has contributed greatly to the growth of DDEX into one of the largest decentralized exchange (DEX) platforms on Ethereum, …

Crypto Exchange Coinone Taps Ripple for Blockchain Remittance Service

Coinone subsidiary Coinone Transfer has introduced Cross, South Korea’s first blockchain-based remittance app and web service, using enterprise blockchain technology created by Ripple. Cross gives people in Thailand and the Philippines access to faster and cheaper payment services. Coinone Transfer utilized RippleNet and connections with the Siam Commercial Bank (Thailand) and Cebuana Lhuillier (Philippines) to …

Nasdaq & Fidelity Invest in Wall Street Crypto Exchange ErisX

Financial industry giants Nasdaq and Fidelity continue to wade deeper into the nascent cryptocurrency ecosystem, most recently through investments in Wall Street-friendly crypto exchange ErisX. The Chicago-based ErisX announced today that it has secured $27.5 million in funding from a group of investors headlined by Nasdaq Ventures and Fidelity Investments, though the size of these …

OKEx Bitcoin Cash Futures Debacle Shows Danger of Unregulated Exchanges

Twitter Facebook LinkedIn The latest Bitcoin Cash hard fork had ramifications on the entire crypto community. Independent of whether you trade BCH, its recent split had disastrous financial consequences for many… and inspired some unorthodox moves from others. Malta-based exchange OKEx left traders furious last week after taking the decision to change the terms on …

Crypto Exchanges Begin to Disregard Bitcoin Cash SV After Block Reorg

Twitter Facebook LinkedIn Bitcoin Cash SV, the hard forked chain of Bitcoin Cash created by a camp composed of CoinGeek, Calvin Ayre, and Craig Steven Wright, suffered a block reorganization. However, as reported by Bitcoin Unlimited chief scientist Peter Rizun, CoinGeek allegedly reorganized its own blocks. Emin Gun Sirer, a professor at the prestigious Cornell …