Nationwide failure of critical Amazon web services (AWS) servers caused two major South Korean crypto exchanges to go offline Thursday morning. Major internal server failures plaguing AWS, one of the leading cloud services providers led to activities at crypto exchanges,…
Search Results For: exchanges
Is Proprietary trading taking over the crypto market? Exchanges Kraken, Binance and Gate.io on the spot
The cryptocurrency market has been barred with a lot of turbulences with emergence as well as existence of get rich quick—schemes not taking many by surprise. However, the crypto market has been put through a unique test currently with the…
New York AG reveals report that shows crypto exchanges are at risk of manipulation
According to a report published by the attorney generals office yesterday, crypto exchanges are right now susceptible to manipulation as well as conflicts of interest among other consumer risks. This comprehensive report mirrored the results born out of the virtual…
Crypto Business in the Philippines: P3.6 Billion Expected from License Issuance for Entry of Approved Cryptocurrency Exchanges
Last April, the Philippine government has approved the entry of cryptocurrency exchanges to conduct business in the Cagayan Economic Zone Authority (CEZA). These legalized exchanges will enjoy tax benefits, will be allowed to offer Initial Coin Offerings (ICOs), and may…
Indian crypto exchanges challenge banking ban in the court
Four crypto exchanges in India have challenged the circular from the Reserve Bank of India (RBI), i.e. India’s central bank, denying them banking services, in the Supreme Court of India, the highest court in the country. The exchanges that have…
Prominent crypto exchanges in India to halt trading
Two prominent cryptocurrency exchanges in India, BTCXIndia and ETHEXIndia, have announced that they will stop trading from March 5th 2018, in view of the Government of India (GoI) stand discouraging cryptocurrencies. They had earlier stopped accepting deposits from January 1st,…
Bitcoin exchanges in India could be paying up to US $ 1 billion in taxes
Guest Post – Anujith Bitcoin exchanges in India are trying to ascertain their tax liabilities. The key questions are whether bitcoins will be treated as currency, or they will be treated as goods or services which will bring them in…
Federal Prosecutors Investigate Block’s Compliance Lapses Over Crypto Transactions, NBC Reports
Federal prosecutors are intensifying their scrutiny of Block’s crypto unit amid allegations of compliance lapses. A source familiar with the matter revealed to NBC News that investigators are collaborating with whistleblowers to probe the company’s practices. “From the ground up,…
Coinbase Faces New Class Action Lawsuit Alleging Violations of State Security Laws
In a recent development, Coinbase, a US-based cryptocurrency exchange, finds itself embroiled in a new class-action lawsuit filed in the Northern District of California. The plaintiffs contend that Coinbase has knowingly and intentionally violated state security laws by offering and…
Roger Ver Role in Bitcoin Growth and His Legal Battles with $50m at Stake
In a startling turn of events, Roger Ver, a prominent figure in the early days of cryptocurrency and sometimes referred to as Bitcoin Jesus, has been charged with mail fraud, tax evasion, and filing false returns. The charges, brought forth…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a…
