Blockchain 

Huobi to Freeze All US Accounts and Push Users to New Platform

Huobi, the popular Singapore-based crypto exchange, has announced that it will freeze all US accounts by November 13 due to the particularly stringent regulatory environment that has forced the exchange to prohibit US users. Huobi Pushes Users to New Independent Platform In a blog post from the exchange published over the weekend, Huobi has said that its user agreement expressly prohibits US-based crypto traders from using the platform in line with the laws and regulations of the US. The accounts of those users have been gradually disabled in order to…

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Blockchain 

LINE’s Crypto Platform Rolls Out for 80 Million Users in Japan

As far as the creation of a crypto platform is concerned, many of the world’s consumer-facing tech companies are looking at ways to create one. Hence, it is not a surprise that Japan’s messaging app behemoth LINE has now officially launched its own cryptocurrency exchange, Bitmax, and is all set to open up a new chapter in the country’s crypto history. Key Details Japan is a nation that has been highly encouraging towards crypto, and the regulators have helped build a strong ecosystem over the past few years. The establishment of…

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Blockchain 

Telegram’s 300 Million Users May Be Able to Trade Cryptocurrency

Crypto bull runs often result in developments that often seem a bit farfetched, but at the end of the day, almost everyone wants to cash in on the phenomenon. It happened in 2017, and it is happening once against in 2019 as Bitcoin led the massive crypto surge in the first half of the year. Naturally, some of the world’s biggest tech companies are now getting an interest in Bitcoin as well as in the wider crypto ecosystem. It has now emerged that messaging platform Telegram, which is best known…

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Blockchain 

Wuabit Service Means Users Can Send Crypto through WhatsApp

According to Medium, Bitcoin and other cryptocurrencies will be able to be sent through the WhatsApp messaging service. A new crypto wallet service developed by Wuabit will mean the sending of crypto via WhatsApp. Wuabit The Wuabit service will give users access to their tokens through WhatsApp. In essence, the wallet will appear linked to WhatsApp and is capable of all the regular wallet functions. This includes sending, receiving, and trading crypto assets. According to Wuabit, it is a “cryptocurrency wallet accessible via a chat interface.” The Wuabit team is planning on…

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Cryptocurrency 

Crypto Users Increased to 35 Million in 2018

As we approach the new year, it’s time to reflect on all that happened in 2018. In the cryptocurrency sector, there were a few ups and downs, more so than in 2017, the year the crypto boom took flight. But while various companies (and coins) had their share of plunges, the number of crypto users in 2018 doubled. Well, almost. Crypto Users in 2018 On Wednesday, December 12th, the Cambridge Centre for Alternative Finance published a study detailing the number of ‘verified’ crypto users the sector gained in 2018. The…

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