Binance to Reportedly Introduce Its Own Stablecoins ‘Within Two Months’

Leading cryptocurrency exchange Binance will reportedly issue its own stablecoins within two months, Bloomberg reported on June 5. Binance’s Chief Financial Officer, Wei Zhou told Bloomberg that the exchange will start issuing its own stablecoins “in a matter of weeks to a month or two,” with the goal to make stablecoins available for more of the world’s currencies. The exchange’s […]

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Liquidators of Hacked Cryptopia Exchange Release Report, Note $4.2M Owed to Creditors

The liquidators of now-defunct New Zealand crypto exchange Cryptopia have released the first report on the state of affairs of the firm, according to the documents published on May 31. Cryptopia’s recently assigned liquidator, Grant Thornton, has released an estimation statement of the financial state of the firm, reporting that the hacked exchange owes a total of $4.22 million to […]

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Binance Confirms Trading Relaunch for May 15 as Upgrade Completes

Cryptocurrency exchange Binance has confirmed it has completed a major system upgrade and will relaunch its trading platform at 13:00 UTC on May 15. Binance, which lost over 7,000 BTC (at the time $41 million) in a hack earlier this month, froze deposits and withdrawals altogether before a limited return to operations this week. A subsequent notice stated developers would […]

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Fintech Company Launches Crypto Exchange Platform Integrated Into Social Investing Network

Hamburg-based fintech company Naga has released its new exchange platform, Nagax, after an intensive beta testing period. The developer promises a user-friendly interface and “super-fast execution,” as the system supports more than 10 million transactions per second. The new platform is integrated into the social investing network — also known as Naga Trader. According to the company, it is used […]

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Mobile Decentralized Exchange Says It Prevents Hacking, Cuts Fees and Offers Fixed Rates

A crypto company is launching “one of the first inter-blockchain, mobile decentralized exchanges” on April 23 — and says its platform is going to solve major problems currently seen in its centralized counterparts. According to the SovereignWallet Network, M.DEX is designed to address three key issues that have been having a detrimental effect on the usability and security of crypto […]

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CryptoTrader.Tax Integrates With Intuit TurboTax For Easier Crypto Tax Filing

Cryptocurrency-focused tax software CryptoTrader.Tax integrated its software with American tax software Intuit TurboTax platform to make it easier for consumers to calculate crypto-trading gains and losses and for easy tax filing. As per the Internal Revenue Service (IRS) guidelines for reporting digital asset gains, virtual currency is treated as property for U.S. federal tax purposes. General tax principles applicable to […]

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Two Japanese Crypto-Exchanges Set To Launch In Spring

Welcome to the neighborhood. Two cryptocurrency exchanges are set to open for business in Japan within the next couple of months, which could be a significant boon for the Japanese cryptocurrency industry. According to an announcement on its website, the Japan-based crypto exchange Taotao – which is owned in part by Yahoo! Japan – will be open to applicants over […]

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