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“# KuCoin inches closer to recovery by reopening deposits and withdrawals ” In the latest step towards full recovery after a devastating hack in September, Crypto exchange KuCoin announced today in a blog post that it has “restored the deposit and withdrawal services of all tokens.” The announcement follows a partial reopening that took place…
“# Key Bitcoin price metric shows pro traders are nervous about $19K BTC ” This week Bitcoin (BTC) price rallied to a new 3 year high at $18,965, leading investors to believe a new all-time high above $20,000 is on the cards. While these are exciting times, data does show that some professional investors feel…
“# Law Decoded: Green lights of the SEC, black flags of Binance, Nov. 13–20 ” Editor’s no Amid a political news cycle that has been stuck in a nauseating loop, covering crypto is often refreshing. Partisan forces have yet to dig out the trenches. A lot of the current task is just getting working definitions…
“# Poloniex exchange goes down on the brink of new Bitcoin all-time high ” With a new all-time price high in sight for Bitcoin, crypto exchange Poloniex recently went offline. “Poloniex is currently unavailable due to an unexpected issue,” the exchange’s customer support Twitter page said on Friday. “We are investigating the issue and will…
“# Singapore ready to launch wholesale CBDC, local exec says ” Singapore is ready to launch it’s own central bank digital currency, or CBDC, said Sopnendu Mohanty, chief FinTech officer at Singapore’s central bank and financial regulator, Monetary Authority of Singapore. Speaking on the subject during an exclusive interview with Cointelegraph, Mohanty pointed out that…
“# UniSwap fights back as competitors drain value from the DEX ” Just a few months ago, the global finance sector witnessed the meteoric rise of yield farming, which in large part helped to spur the growth of the decentralized finance domain. During Q3 2020 alone, the DeFi market ushered in significant growth for many…
“# Bitcoin rally set to continue after BTC whales build buy walls near $17.2K ” According to analysis from Edward Morra, a popular Bitcoin trader, Coinbase and Bitfinex exchange now have major buy orders above $17,200. The emergence of major buy walls is important because on Nov. 18, BTC flash crashed to around $17,222. This…
“# OKEx to resume withdrawals next week with promises of 100% reserves ” Major cryptocurrency exchange OKEx is finally resuming withdrawals of customer assets after weeks of waiting. The exchange first suspended withdrawals on Oct. 15, a decision that subsequently rocked crypto markets. According to today’s announcement, full customer withdrawals will resume on Nov. 27….
“# Binance files US lawsuit against Forbes and two cryptocurrency journalists ” Binance has filed a lawsuit in the state of New Jersey against Forbes Media and two of its journalists, Michael del Castillo and Jason Brett, alleging that an article published under the title Leaked ‘Tai Chi’ Document Reveals Binance’s Elaborate Scheme To Evade…
“# Fireblocks adds Coinbase co-founder to board of directors ” Digital asset security platform Fireblocks announced that it would be adding Fred Ehrsam to its board following a recent funding round. In a Nov. 18 statement, Fireblocks said that Ehrsam, co-founder of crypto exchange Coinbase, would be joining the firm as a board member after…