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A Crypto Exchange Is Buying Back $24 Million-Worth of Its Own Tokens

FCoin, a new cryptocurrency exchange that saw spiking trading volume recently due to its controversial revenue model, has revealed a plan to buy back millions of its own tokens to provide capital for a new fund of funds. The exchange announced…
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Coinbase 0x, BAT, Zcash Listing Met With Debate, Generally Optimistic

Coinbase has recently announced that it was “exploring” the addition of five altcoins, which led to widespread speculation and discussion about the topic. CNBC Breaks Down The Most Likely Additions To Coinbase Coinbase’s…
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Square Sees Stock Price Explode As Its Bitcoin Service Expands

Square, the financial services company started by Twitter’s co-founder Jack Dorsey, has been seeing its crypto service expand rapidly. Nomura Instinet: Square Is Decoupling From Bitcoin’s Performance Bitcoin has seen a dismal year…
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Crypto Exchange Bitcoin.Com.Au Appoints Ex-Exec of Accounting Giant PwC as CEO

Australian cryptocurrency exchange bitcoin.com.au has appointed former consulting giant PricewaterhouseCoopers (PwC) executive Ben Ingram as its new CEO, Business Insider Australia reports today, July 12. Ingram held the role of director in…
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Major Futures Exchange Cboe Files For Bitcoin ETF, Increasing Probability

Cboe, the world’s largest futures exchange, has filed for a bitcoin ETF with the US Securities and Exchange Commission (SEC), to enable investors in the public market to trade bitcoin. Bitcoin-Only ETF The official document filed by CBOE…
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Binance Donates $1 Million to Japanese Flood Victims

Binance, one of the world’s largest cryptocurrency exchanges, is showing its humanitarian side by donating $1 million to the victims in West Japan that were affected by the heavy rains on 7 July 2018. News outlets in the country have reported…
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Winklevoss’ Gemini Exchange Recruits NYSE Chief Information Officer

Cryptocurrency exchange Gemini Trust Company, LLC (Gemini) has announced that former Chief Information Officer of the New York Stock Exchange (NYSE) Robert Cornish has joined the company, according to a press release published July 6. Cornish…
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World’s Largest Crypto Exchange Binance ‘Expects’ 2018 Profits up to $1 Billion

Cryptocurrency exchange Binance “expects” profits to reach $1 bln in 2018, CEO Changpeng Zhao told Bloomberg in an interview today, July 6. Speaking as his platform recovers from a week of technical difficulties which saw trading temporarily…
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Security Firm Identifies Potential Tether (USDT) Double-Spend Bug

SlowMist, a Chinese cybersecurity firm, has recently pointed out a transaction that should have some worried, as the user managed to double the value of 694 USDT. SlowMist: User On Thursday, a blockchain centric cybersecurity firm, issued a…
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Crypto Week In Review: Institutional Investors are On-Boarding, Bithumb Recovers $16 Million

The week did not leave much to be desired for, with the market seeing a variety of positive institutional news amidst volatile price movements. Institutional Investment Dominates The News Cycle The presence of traditional institutions has been…