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Binance To Open Crypto Exchange in UK
Cryptocurrency Exchange Info
June 29, 2020
by CCM

Binance To Open Crypto Exchange in UK

Top cryptocurrency exchange company Binance announced its plans to launch its crypto exchange in the U.K. In the blog post, the company admitted it was excited about the prospect of extending its services to the U.K. The platform will be built

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CoinFlux Owner Pleads Guilty To Racketeering
Latest Crypto News
June 24, 2020
by CCM

CoinFlux Owner Pleads Guilty To Racketeering

The owner of defunct CoinFlux, Vlad-Calin Nistor, has admitted he is guilty of laundering about $1.8 Million in a fraudulent scheme on a car wash and dubious eBay ads. He and 14 others, including the car wash owner, have pleaded guilty

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80% of Top Stablecoins Controlled by Less Than 6 Accounts
Cryptocurrency Projects
June 21, 2020
by CCM

80% of Top Stablecoins Controlled by Less Than 6 Accounts

CoinMetrics reported that very few accounts in each of the stablecoin networks hold the majority of the total capitalization of these top five stablecoins. The published report revealed that there was severe centralization among several top stablecoins with only six accounts

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Cryptocurrency Exchange Info
June 17, 2020
by CCM

OKEx Sets Up Options on Ethereum

On Thursday, Malta-based cryptocurrency exchange OKEx launched options contracts on Ethereum token. The launch ended the virtual monopoly of this type of contract by Panama-based crypto exchange Deribit. CEO of OKEx, Jay Hao, said the ETH options contracts of OKEx will

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Kakao’s New Crypto Wallet Surpasses 100K Users
Cryptocurrency Adoption
June 14, 2020
by CCM

Kakao’s New Crypto Wallet Surpasses 100K Users

South Korea’s messaging giant Kakao says more than about 2% of the Kakao Talk app users or about 100,000 have signed up for the new crypto wallet function offered in the app. According to the firm, the 100K mark was

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SBI VC Offers Free XRP With New Customer Registration
Cryptocurrency Adoption
June 10, 2020
by CCM

SBI VC Offers Free XRP With New Customer Registration

Recently, in a press release, Japan-based SBI VC trade announced that starting June 1, new registrants to its portal will receive a gift of 50 XRP ($10). The company stated that the gift season will run for 4 months, beginning

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Sberbank Wants 5,000 Blockchain ATMs
Cryptocurrency Adoption
June 7, 2020
by CCM

Sberbank Wants 5,000 Blockchain ATMs

Sberbank, Russia’s biggest bank by market capitalization and market share, wants to spend more than $100 Million on 5,000 blockchain-enabled ATMs that can mine cryptocurrency. The bank is now looking for tenders who can supply 4,917 ATMs with customized graphic cards

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Grayscale Buys 2/3rd of all newly mined Bitcoin
Investing In CryptoCurrency
June 3, 2020
by CCM

Grayscale Buys 2/3rd of Newly Mined Bitcoin

Crypto fund investment manager, Grayscale Investment, is thought to have bought two-thirds of the entire mined Bitcoins in the past 100 days before Bitcoin halving that occurred on May 12th. A researcher named “parakite,” posted a message on Reddit saying from

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