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Chainalysis to Provide Bitfinex With ‘Privacy-Safe’ Tools to Combat Crime

News New York-based blockchain analytics firm Chainalysis is set to provide crypto exchange Bitfinex with its Anti-Money Laundering compliance solution. In a press release published on Dec. 12, both firms took pains to stress that the solution will be privacy-safe, but help Bitfinex to crack down ..

Binance Announces Partnership With Paxful Enabling 167 Fiat Currencies

News Major cryptocurrency exchange Binance announced a partnership with peer-to-peer (P2P) crypto trading platform Paxful with the aim to enable the P2P platform as a Binance fiat gateway. According to a press release on Dec. 12, Binance users will now be able to use Paxful to buy Bitcoin (BTC) wi..

Cryptocurrency Exchange BitMEX Enables Native SegWit Support

News Cryptocurrency exchange BitMEX added support for native segregated witness (SegWit) addresses for Bitcoin (BTC) withdrawals, which lets users pay lower transaction fees. According to an announcement on Dec. 12, BitMEX now allows its users to withdraw Bitcoin to Bech32 addresses, the one that ..

Cryptopia Liquidation: Refund Deadline ‘Not Practicable’ as Users Wait

News Liquidators of hacked New Zealand cryptocurrency exchange Cryptopia have recovered almost $11 million in the past six months, but say the process remains difficult. In its second report into its operations at Cryptopia, Grant Thornton confirmed that receipts from May to November totaled aroun..

Bitcoin Exchange BitMEX Faces $300M Investor Lawsuit Over Lost Equity

News A former JPMorgan derivatives trader is suing one of the world’s biggest cryptocurrency exchanges for $300 million after it allegedly failed to deliver his equity. According to filing with the Superior Court of the State of California in San Francisco dated Dec. 4, Frank Amato and RGB Coin ar..

Huobi Scores Ex-Deloitte Audit Exec as New General Manager for Turkey

News Global crypto exchange Huobi completes its executive pursuit in Turkey by appointing Alphan Gogus, a veteran in crypto and finance, as the new general manager for Huobi Turkey. A new manager for a growing marketGlobal crypto exchange Huobi has brought on Alphan Gogus as the general manager fo..

NYDFS to Update BitLicense’s Terms for the First Time in 5 Years

News The New York Department of Financial Services (NYDFS) is planning to update its virtual currency license for the first time in nearly five years. The authority has published proposed guidance on adoption or listing of virtual currencies on its website on Dec. 11, inviting all interested parti..

Crypto Exchange Kraken Adds Support for Tezos Staking

News Cryptocurrency exchange Kraken is launching support for Tezos (XTZ) staking, according to an announcement published on Dec. 11. Starting on Dec 13., Kraken will enable its users to trade with XTZ and obtain instant financial rewards. To begin staking XTZ, users have to put the cryptocurrency ..

Elliptic Launches Tool to Connect Banks with Cryptocurrency Exchanges

News London-based cryptocurrency compliance firm Elliptic has launched a new tool that allows banks to work more closely with crypto exchanges. Dubbed Elliptic Discovery, the product collects detailed profiles of more than 200 global crypto exchanges to enable banks to manage risks associated with..

The Pros and Cons of Social Trading: Is It a Good Idea for New...

Use CaseNavigating the world of cryptocurrencies can be nightmarish at the best of times. New coins and tokens are continually emerging, and volatility means that digital assets can be flying high one day and crashing the next. Understanding how the industry works and where opportunities lie can ..

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