Cryptocurrency exchange Cryptopia halts trading and announces it is in the process of liquidation – The Block Crypto

Cryptopia, a cryptocurrency exchange headquartered in New Zealand, has halted trading and announced that it is now in liquidation. In January, the exchange suffered a security breach in which millions of dollars were stolen. Despite the loss, management believed it could reduce costs and return the business to profitability. Before the announcement, the exchange was…

View More Cryptocurrency exchange Cryptopia halts trading and announces it is in the process of liquidation – The Block Crypto

Cryptocurrency exchange loses $145 million after CEO takes passwords to the grave – TechSpot

In brief: Cryptocurrency exchange QuadrigaCX’s 115,000 customers have lost a combined total of $145 million, after CEO and founder Gerald Cotton unfortunately passed away from complications caused by Crohn’s Disease last year. The company has less than half a million left in cash. A common practice among cryptocurrency exchanges is to store customers’ coins in…

View More Cryptocurrency exchange loses $145 million after CEO takes passwords to the grave – TechSpot

Cryptocurrency Exchange Unocoin to Launch India’s First Cryptocurrency ATM

The crypto fever has grabbed curious Indian investors who have flocked to several homegrown and foreign exchanges to buy digital coins. The Reserve Bank of India (RBI) took action on the unregulated assets and effectively dried up banking resources for cryptocurrency exchanges. However, the market has continued to flourish despite these setbacks. Now one of…

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Cryptocurrency ATMs coming to Argentina to exploit peso volatility

Argentina could get up to 30 automated teller machines that buy and sell bitcoin by the end of the year, industry representatives said, an expansion of the cryptocurrency market amid an economic crisis that has seen the peso’s value tumble. Athena Bitcoin, a US company that specialises in cryptocurrency ATMs, launched Argentina’s first bitcoin ATM…

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Cryptocurrency This Week: Bitcoin Exchange Zebpay Shut down, And More

India’s leading cryptocurrency exchange operator Zebpay has shut down its exchange operations The Supreme Court is expected to hear the cryptocurrency case next week Sheffield Clark, CEO of the world’s largest Bitcoin ATM network Coinbase averred that there should be some continuity in the way states regulate cryptocurrency At a time when Google, after Facebook,…

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Cryptocurrency giant Bitmain reveals profits and IPO plan despite slump in bitcoin

A closely followed, secretive Chinese bitcoin mining giant revealed a little bit more of itself on Wednesday. After months of speculation about the company’s plans, Bitmain released its first-ever public disclosures, confirming its intention to list on the Hong Kong stock exchange. Bitmain Technologies, founded by billionaires Jihan Wu and Micree Zhan, came on the…

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Beaten-down cryptocurrency XRP surges 80% in 24 hours, nearly triples in value on week

The upward move was spurred by rumors of a new product. An executive at Ripple told CNBC this week that the start-up was making headway with its xRapid product, aimed at helping banks speed up transactions by using the cryptocurrency XRP. “I am very confident that in the next one month or so you will…

View More Beaten-down cryptocurrency XRP surges 80% in 24 hours, nearly triples in value on week

Cryptocurrency wipeout deepens to $640 bn as Ether leads declines

The cryptocurrency bear market plumbed a fresh 10-month low on Monday as Bitcoin’s biggest rival tumbled and US regulators suspended trading in two securities linked to digital assets. Ether, the second-largest virtual currency, slumped 11 percent from its level at 5 p.m. New York time on Friday, according to Bloomberg composite pricing. Bitcoin declined 2.4…

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RBI Forms News for Cryptocurrency, Blockchain

India’s largest central bank Reserve Bank of India (RBI) has set up a new unit to supervise, oversee its efforts in emerging technologies including cryptocurrency, blockchain and Artificial Intelligence (AI). Although RBI has put a ban on cryptocurrencies in the month of April, the new unit will research and possibly draft rules and supervise new emerging technologies…

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