Ethereum 

IDAX Exchange Suspends Accounts After CEO “Disappears”

IDAX, a Chinese cryptocurrency exchange, has suspended deposits and withdrawals after its CEO allegedly disappeared in what looks like an exit scam. In a blog post earlier today, IDAX said it was suspending all activity on the exchange after staff said they had been unable to contact their CEO, Lei Guorong, since November 24. As a result, the exchange has also lost access to its cold storage. IDAX initially denied that the disappearance was an exit scam; however, in another statement today, it has confirmed that this is indeed the…

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Blockchain 

Swiss Digital Exchange to Launch Initial Digital Offering Next Year

Swiss stock exchange firm Six Group’s cryptocurrency trading platform Swiss Digital Exchange has announced that it will be launching an initial digital offering (IDO). The firm has already organized a group of financial institutions across the globe that will support the IDO. The IDO, which will take place next year, will be similar to a traditional IPO but the shares will be in the form of digital tokens offered on the SDX platform. Investors to Help Build SDX Business Thomas Kindler, the CEO of SDX, indicated that the consortium of institutions includes…

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Blockchain 

German Stock Exchange Launches Boerse Stuttgart Digital Exchange

It’s been a long time coming. Well, sort of. Back in December 2018, Germany’s second-largest stock exchange, Boerse Stuttgart, said it was going to launch a digital asset exchange in the first half of 2019. Today, that exchange has launched; trading is now live on the Boerse Stuttgart Digital Exchange, or BSDEX for short. Here’s everything we know. Boerse Stuttgart Digital Exchange: A German Digital Asset Exchange On Monday, September 23, Boerse Stuttgart said it has opened its regulated trading venue for virtual assets. Boerse Stuttgart Digital Exchange is regulated under…

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Blockchain 

Is Coinbase Launching an Initial Exchange Offering (IEO) Platform?

The cryptocurrency exchange Coinbase has shown interest in the launch of an initial exchange offering (IEO) platform. The huge surge in popularity that Bitcoin and other cryptocurrencies have enjoyed over the course of the past few years is due to a lot of factors. One of the most important ones is the various crypto exchanges which made it possible for millions of people to easily buy and sell these tokens. Key Details Among the hundreds of crypto exchanges that have been established over the years, Coinbase has proven to be…

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Blockchain 

LINE Gets Crypto Exchange License from Japan Regulators

The crypto exchange space has evolved at a lightning speed over the past few years, and much of that is due to the fact that cryptocurrencies are now traded by a much larger pool of people. Hence, there is also a need for the creation of more crypto exchanges so that people can easily buy, sell, and trade cryptocurrencies. The rally enjoyed by Bitcoin and the wider crypto space this year has necessitated the development of many new crypto exchanges due to heightened demand. Solid Boost In a new development,…

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Blockchain 

Japan’s Crypto Exchange Coincheck Cuts Margin Trade Limit

The crypto space has evolved at a breakneck pace over the past few years, and much of it is due to the fact that cryptocurrencies became a much more popular investment as well as a trading vehicle all over the world. While trading was always a big thing, the introduction of margin trading changed the game altogether, and many exchanges all over the world started providing the service. Key Announcement Some of the best traders in the crypto space are now engaged in margin trading. That being said, it was…

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Blockchain 

Japanese Exchange Coincheck is All Set to Launch IEO Platform

The world of cryptocurrencies has come a long way since the early days of this decade, and nowadays it is a much more structured space, although regulation is still being awaited by many people in the crypto sphere. Nowadays there are highly sophisticated crypto exchanges and today we’ll be talking about one such example: Coincheck. Japan has been a shining light when it comes to innovations in the crypto sphere, and over the years, plenty of new innovative processes have originated from the country. In a new development, the Japanese…

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Blockchain 

Cryptocurrency Exchange Deribit Launches Bulk Derivatives Trading

Ever since cryptocurrencies became one of the world’s best known digital assets, there has been widespread talk about creating derivatives backed by the leading ones. However, it never really came about due to regulatory issues and lack of popular demand. The climate has changed significantly over the past year or so and slowly but steadily, many crypto firms have been able to secure permission from the regulators to offer derivatives to their customers. Deribit is one of the few exchanges that is almost solely engaged in dealing in crypto futures,…

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Blockchain 

Japan’s Rakuten Introduces New Crypto Exchange

The cryptocurrency industry has grown at a breakneck pace over the past two years or so, largely due to the growth of Bitcoin and other tokens. Due to such growth, many companies have been established that provide highly specialized services related to crypto wallets as well as exchanges. Wallets help people to store their crypto safely, while exchanges are the marketplaces where anyone can buy a cryptocurrency. Japanese retail behemoth Rakuten saw the opportunity early on and has already established the Rakuten Wallet as one of its subsidiaries. Rakuten Wallet…

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Blockchain 

Blockchain Commences High-Speed Crypto Exchange The PIT

When it comes to big markets in which buyers and sellers trade throughout the day, the existence of large exchanges offering ample liquidity is necessary. Over the course of the past few years, plenty of crypto exchanges have been launched all over the world, and nowadays crypto traders have a wealth of choice when it comes to choosing an exchange. Boost for Crypto Traders However, there is better news for crypto traders as there is going to be another exchange on the block soon, which aspires to challenge the biggest…

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