Category: Exchanges

Kucoin CEO Says Exchange Hack Suspects ‘Found,’ $204 Million Recovered

Kucoin CEO Says Exchange Hack Suspects ‘Found,’ $204 Million Recovered

According to the Kucoin exchange CEO Johnny Lyu, the trading platform has recovered $204 million in crypto assets since October 1. The exchange executive says the hacking suspects have been “found” and the “police are officially involved” in order to take action.On September 25, 2020, the crypto community found out that the Kucoin exchange was […]

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Cryptocurrency exchanges generated over $169B in trading volumes in September

Cryptocurrency exchanges generated over $169B in trading volumes in September

Cryptocurrency exchanges in The Block’s legitimate volume index reported over $169 billion in volume for the month of September. Last month was the second-highest trading volume month in 2020, as shown in the data below. The largest exchange by trading volume continues to be Binance, which generated $113B in volumes — taking up 66.8% of […]

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Crypto Exchange Coinbase Hands Over Customer Data to UK Tax Authority

Crypto Exchange Coinbase Hands Over Customer Data to UK Tax Authority

Coinbase is handing over customer data to the British tax authority, Her Majesty’s Revenue & Customs (HMRC). The measure affects customers with a U.K. address who received more than £5,000 ($6,450) worth of cryptocurrency during the 2019/20 tax year.On Oct. 2, Coinbase sent an email to its U.K. users advising them that it will share […]

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Zimbabwe’s Stock Exchange Open to Crypto Listing Subject to ‘Regulatory Approval’

Zimbabwe’s Stock Exchange Open to Crypto Listing Subject to ‘Regulatory Approval’

Zimbabwe Stock Exchange (ZSE) CEO Justin Bgoni says its recently licensed subsidiary, the Victoria Falls Stock Exchange is open to listing bitcoin and other cryptocurrencies. However, according to local media reports, any such listings are still dependent on the digital asset issuers getting “regulatory approval.” The report does not provide any details of requirements that […]

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Tax authority HMRC confirms data collection from Coinbase, exchange says less than 3% of U.K. customers impacted

Tax authority HMRC confirms data collection from Coinbase, exchange says less than 3% of U.K. customers impacted

H.M. Revenue & Customs (HMRC), the British tax authority, has confirmed to The Block that it has sought customer information from Coinbase U.K. and other crypto platforms searching for tax evaders. “We want to help people get their tax affairs right and believe that taxpayers want to get it right,” an HMRC spokesperson told The […]

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More than 32,000 bitcoin or about $335M has been withdrawn from BitMEX after the US government charges its owners

More than 32,000 bitcoin or about $335M has been withdrawn from BitMEX after the US government charges its owners

More than 32,000 bitcoin, currently worth about $335 million, has been withdrawn from BitMEX in less than 24 hours after the U.S. government filed charges against the crypto derivatives exchange’s owners. The withdrawal figure was revealed by Philip Gradwell, chief economist at blockchain analytics firm Chainalysis, on Friday at around 430 AM EST. Gradwell said […]

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Cryptocurrency Exchange Operator Diginex Begins Trading on Nasdaq

Cryptocurrency Exchange Operator Diginex Begins Trading on Nasdaq

Cryptocurrency exchange operator Diginex has announced the start of its listing and trading on Nasdaq.Digital assets financial services company Diginex Limited announced on Thursday that it has completed a business transaction with 8i Enterprises Acquisition Corp., a Nasdaq-listed special purpose acquisition company, which allows it to list and trade on Nasdaq. The company details: Diginex […]

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Canadian Firm 3iQ’s Bitcoin Fund Listed on Gibraltar Stock Exchange

Canadian Firm 3iQ’s Bitcoin Fund Listed on Gibraltar Stock Exchange

The Gibraltar Stock Exchange said Tuesday that it listed a new bitcoin fund belonging to 3iQ Corp, a Canadian investment fund manager that focuses on new technologies and crypto assets.The announcement follows GSX Group’s recent launch of what it calls the Grid, “a venue to create and deploy debt securities, funds, and equities as ‘smart […]

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