BitMEX CEO Denies Allegations of Trading Against Customers

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Last month an independent crypto researcher who goes by the name, Hasu, posted an article exploring some of the most prevalent concerns users have with crypto exchange behemoth BitMEX, one of which is that the exchange trades against its customers to make a profit. BitMEX CEO Arthur Hayes publicly came out against the allegations on Monday…

Bitcoin Group SE Buys Investment Bank Tremmel for Undisclosed Figure

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Bitcoin Group SE has bought 100 percent shares of investment bank Tremmel for an undisclosed amount. This is the German digital currency exchange operator’s second acquisition in 2018. Bitcoin Group, which holds current assets of $40 million, said Tremmel allows it to issue its own cryptocurrency-related products, conduct proprietary trading and operate bitcoin ATMs. Also…

Namibian Bitcoin Trading Platform BTN Perseveres Despite Partial Crypto Ban

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Bitcoin Trade Namibia (BTN), an emerging bitcoin marketplace, is trying to make things work for Namibians keen on investing in digital assets, even though it could take up to three days before buy orders are settled. However, in an industry where government forces crave control, the delay looks like it should be worth the wait.…

Binance Launches Cryptocurrency Analysis and Altcoin Research Division

Binance Launches Cryptocurrency Analysis and Altcoin Research Division

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Leading cryptocurrency exchange Binance launches altcoin research lab. The lab will focus on analyzing the investment potential of projects and sharing this information with the general public. The Launch of Binance Research Binance launched its research lab November 8th. Starting this week, in-house research teams will conduct thorough reviews and perform due diligence on each…

Chinese Principal Fired for Crypto Mining on The Job

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Headmaster Lei Hua has been fired from his job at a school in Hunan, China, after a total of nine mining rigs were found stealing his school’s electricity to mine Ethereum, the BBC reported on Friday. Chinese headmaster canned for mining cryptocurrency with school's electricityhttps://t.co/fFMAe2IYPj pic.twitter.com/fYSHNWmBaO — Gizmodo (@Gizmodo) November 9, 2018 School Foots the…

Vietnam at Crossroads on Cryptocurrency Regulations

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Vietnamese authorities are still considering their approach to regulating the cryptocurrency space. The Ministry of Justice has put forward several alternative solutions and the Ministry of Industry and Trade has expressed its opposition to the ban on imports of mining equipment. Also read: Uzbekistan Sets up International Arbitration Center for Crypto Businesses Justice Ministry Reports…

Iran Completes Development of Rial-Supported National Cryptocurrency

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Iran has finalized the development of its national cryptocurrency, which is backed by the local fiat unit, the rial. Once the Central Bank of Iran (CBI) approves its use, the yet-to-be-named digital currency will then be issued to banking institutions for testing in payments, internal and interbank settlements according to local media reports. Also Read: Bahamas…