Bitstamp has confirmed that it has been acquired by a European subsidiary of a South Korean corporation. Nejc Kodrič will remain the CEO of the exchange. The Korean group also owns gaming giant Nexon and Korbit, the country’s fourth largest crypto exchange. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Bitstamp Acquired The oldest […]
The first quarter of 2018 is on record as the worst in bitcoin’s price history. Just shy of 115 billion USD in market capitalization has been erased. Nearly half of its price from the start of this year is gone. For those relatively new to the ecosystem, it might seem like the time to panic […]
Cryptocurrency exchanges have been overrun for months, as record demand has caused throttling or restriction of service altogether. With exchanges buckling under the strain, a number of platforms have been forced to temporarily shut their books. On Thursday, Bitstamp announced plans to recruit 100 new call center staff as it struggles to feed the crypto […]
The post Overwhelmed Cryptocurrency Exchanges Are Hiring Staff by the Hundreds appeared first on Bitcoin News.
Exchanges are regarded by many in the cryptocurrency world as a necessary evil. They provide liquidity and an on-ramp from fiat currency, but many other aspects of their service leaves a lot to desired. From onerous KYC requests to sudden withdrawal of service, nary a week goes by without major exchanges leaving customers seething. This […]
The post Exchange Problems Mount at Kraken and Coinbase but Bitfinex Reopens Registrations appeared first on Bitcoin News.
Ripple has been the talk of the town lately thanks to its rocketing value and growing market capitalization that’s making eyes at bitcoin. $1,000 of XRP bought a year ago would be worth half a million dollars today. But away from the price action, there’s an issue bugging ripple that just won’t go away. It’s […]
The post Ripple Gateways Can Freeze Users’ Funds at Any Time appeared first on Bitcoin News.
The oldest and largest cryptocurrency exchange in Europe, Bitstamp, plans to list Bitcoin Cash (BCH) trading pairs at the end of November or early December. Bitstamp revealed its decision to release BCH holdings and list the digital asset this past September due to “high levels of customer demand.” Also read: Internet Archive Adds Bitcoin Cash and […]
The post Bitstamp’s CEO Explains His Decision to List Bitcoin Cash appeared first on Bitcoin News.
Bitcoin has reached yet another price milestone as the digital asset has surpassed $7K per BTC on November 2. The decentralized currency has exceeded many expectations this year and continues to rise into 2018. Also read: Considering Bitcoin An Asset Could Set Back Adoption in Israel The Price of Bitcoin Touches $7,000 Bitcoin markets have […]
The post Bitcoin’s Path to the Moon Draws Closer Breaking $7K New All Time High appeared first on Bitcoin News.
Washington regulators recently introduced exchange rules for any firm wanting to allow customers to trade in cryptocurrency. They said they created Senate Bill 5031 to make the ecosystem fair for cryptocurrency exchanges and their customers. However, a number of exchanges have left the area, because they believe the rules were too burdensome. Now Washington lawmakers […]
The post Washington Politicians Defend Regulations as Cryptocurrency Exchanges Flee appeared first on Bitcoin News.