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Line’s Singapore Crypto Exchange Relaunched as US-based Bitfront

Line’s Singapore Crypto Exchange Relaunched as US-based Bitfront

Line, the Japanese messaging service has closed its Singapore-based cryptocurrency exchange and relaunched the exchange service globally from a United States-based platform.

Huobi COO Reportedly Under Investigation, with $400M Sent to Crypto Exchange

Huobi COO Reportedly Under Investigation, with $400M Sent to Crypto Exchange

According to Chinese Media, crypto exchange Huobi Chief Operating Officer (COO) Robin Zhu was under investigation by the Chinese police.

Binance Sued for Cashing Out Illicit Hacked Funds Worth More Than $9 Million

Binance Sued for Cashing Out Illicit Hacked Funds Worth More Than $9 Million

Binance has been taken to court by Fisco, a Japanese crypto exchange, for allegedly facilitating the liquidation of at least $9 million in crypto after the latter was hacked in 2018.

JP Morgan Chase to Pay $2.5 Million to Settle Class Action Lawsuit Over Wrongfully Incurred Crypto Charges

JP Morgan Chase to Pay $2.5 Million to Settle Class Action Lawsuit Over Wrongfully Incurred Crypto Charges

JPMorgan Chase has settled a lawsuit over unannounced changes made to the fee structure applied to crypto transactions using its credit cards in 2018. The American bank agreed to pay $2.5 million to settle a class-action lawsuit regarding its decision made in 2018 to treat cryptocurrency purchases with Chase credit cards as cash advances, ensuing in higher fees. However, JPMorgan is not admitting to any wrong-doing as part of the deal.

Intercontinental Exchange Bakkt Bitcoin Futures Trading Platform Goes Live

Intercontinental Exchange Bakkt Bitcoin Futures Trading Platform Goes Live

Launched as of 8 pm EST on Sept. 22, Bakkt’s physically settled Bitcoin futures trading has launched and is now live for trading on the Intercontinental Exchange Futures US (ICE).

OKEx Founder Troubles Not Linked to Yuan Money Laundering in China, Says Blockchain Journalist

OKEx Founder Troubles Not Linked to Yuan Money Laundering in China, Says Blockchain Journalist

Colin Wu, a Chinese blockchain journalist thinks it is unlikely Mingxing Xu, the founder of OKEx crypto exchange has anything to do with a Yuan money-laundering scheme.

OKEX Suspends Withdrawals Causing a Bitcoin and OKB Token Price Plunge

OKEX Suspends Withdrawals Causing a Bitcoin and OKB Token Price Plunge

OKEx has caused a mild selling panic in the crypto markets after suspending withdrawal services to cooperate with an investigation with the BTC price plunging nearly 3%.

Argentina’s Central Bank Set to Prove Non-Crypto Use Cases of Blockchain Technology with its New Clearing System

Argentina’s Central Bank Set to Prove Non-Crypto Use Cases of Blockchain Technology with its New Clearing System

The Central Bank of Argentina (BCRA) is now looking to test a blockchain-based clearing system to be used by the country’s major financial institutions. The aim of the blockchain clearing system is to provide efficiencies for fiat payments and enable them to be more reliable and to provide end-to-end traceability.

Dutch Central Bank Aims to Play Leading Role in Developing CBDC in Europe as Part of Plan to Become Increasingly Digital

Dutch Central Bank Aims to Play Leading Role in Developing CBDC in Europe as Part of Plan to Become Increasingly Digital

The Dutch central bank, De Nederlandsche Bank made an announcement in its bulletin, saying that it aims to become the world leader in the development of central bank digital currencies (CBDCs). The report highlighted that the topic of CBDC has gained more public exposure in the Netherlands than in “several other euro area countries for several reasons.”

Robinhood to Roll Out New Features for Dogecoin and Other Cryptocurrencies as GameStop Hearing Looms

Robinhood to Roll Out New Features for Dogecoin and Other Cryptocurrencies as GameStop Hearing Looms

Robinhood announced its intention to implement cryptocurrency deposits and withdrawals.

Bitcoin Withdrawals from Exchanges Surge to a 17-Month High

Bitcoin Withdrawals from Exchanges Surge to a 17-Month High

New data from Glassnode reveals that Bitcoin (BTC) withdrawals from crypto exchanges have hit a 17-month high of 2,288.125.

Can Coinbase Run with the Crypto Bulls? Network Congestion Delays Bitcoin Withdrawals

Can Coinbase Run with the Crypto Bulls? Network Congestion Delays Bitcoin Withdrawals

Coinbase has again experienced technical difficulties during heavy crypto trading, this time announcing delays in BTC withdrawals. Can the exchange keep up with the bull run?

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