Refinitiv Provides KYC Automation For Cryptocurrency Exchange Binance
Refinitiv, formerly the Financial & Risk business division of Thomson Reuters, will provide an automated Know Your Customer (KYC) application to Binance, the world’s largest cryptocurrency exchange by adjusted trade volume. Effective KYC tools are becoming a critical need for the cryptocurrency industry with the increasing demand for regulatory oversight. The solution will enable Binance […]
European Investment Company Buys Cryptocurrency Exchange Bitstamp
NXMH, a Belgium-based investment company, has acquired digital currency exchange Bitstamp in an all cash deal, the exchange’s chief executive officer Nejc Kodric said on Monday. Bitstamp is the largest digital currency exchange in the European Union by volume, with turnover of $100 million per day. NXMH, with assets under management of more than 2 […]
Cryptocurrency Exchange Coinbase Lays Off 15 Employees
Cryptocurrency exchange Coinbase has reportedly laid off some employees this week. The cuts have affected its customer support, compliance, and fraud departments. According to sources quoted by Yahoo Finance, more than 15 people have been released from duties, mostly remote staffers. Coinbase has confirmed the layoffs but declined to specify the number. The personnel cuts […]
Bakkt Could Get Regulatory Green-Light for its Bitcoin Futures as Soon as Next Week
Intercontinental Exchange’s Bakkt could get the green-light to launch its bitcoin futures product as soon as next week, according to a source with direct knowledge of the situation. Bakkt, the cryptocurrency platform, in recent weeks has been meeting frequently with regulators from the Commodities Futures Trading Commission to get its product approved. A source said […]
Cryptocurrency Exchange Coinbase Launch Digital Dollar USDC
Cryptocurrency exchange and brokerage giant Coinbase has provided a major stamp of approval to one of several recently launched USD-pegged cryptocurrency “stablecoins” seeking to supplant tether (USDT) as the leader in this burgeoning market niche. The San Francisco-based Coinbase on Tuesday announced that beginning today, customers can buy, sell, send, and receive USD Coin, the […]
Wallet Neteller Launches Cryptocurrency Exchange
Neteller is a service operated by Paysafe Financial Services Ltd., a wholly-owned subsidiary of Paysafe Group Ltd. Paysafe Financial Services was founded in 1999 to provide an online alternative to traditional payment methods. The group announced on Friday that Neteller has launched an “in-wallet buy-and-sell cryptocurrency feature,” elaborating: As of today, Neteller users can buy, […]
Cryptocurrency Exchange BTCC Expanding Into South Korea
BTCC, formerly known as BTC China, is launching services in South Korea on Oct. 31, according to the Investor. The beta service will start this month and the exchange “will make its official debut in November,” the publication added. BTCC Launching Cryptocurrency Exchange in South Korea“The world’s first cryptocurrency exchange BTCC is preparing to open […]
Indian Cryptocurrency Exchange Unocoin Launch First Crypto ATMs
Indian Cryptocurrency Exchange Unocoin is launching, perhaps country’s first, crypto ATM with more details to be revealed in a week’s time, Bengaluru-based startup’s founder Sathvik Vishwanath has confirmed. The words “instant deposit & withdrawals for your Unocoin account” are written on the machine, along with “exclusive for Unocoin customers” and “credit & debit cards are […]
Lazarus hits cryptocurrency exchange with fake installer and macOS malware
Kaspersky Lab has been assisting with incident response efforts. While investigating a cryptocurrency exchange attacked by Lazarus, we made an unexpected discovery. The victim had been infected with the help of a trojanized cryptocurrency trading application, which had been recommended to the company over email. It turned out that an unsuspecting employee of the company […]
