Weiss Ratings Sees Ripple’s XRP as the Ideal Base Cryptocurrency for Binance

Weiss Ratings, an independent rating firm for stocks, mutual funds, cryptocurrencies, ETFs and financial institutions, stated last week that it believes Ripple’s XRP is the fastest cryptocurrency for transferring funds between exchanges, and the ideal base currency for Binance, the world’s most popular exchange. If Binance were to make the …

In Its First Public Acquisition, Binance Buys Decentralized Trust Wallet

Major crypto exchange Binance has made its first public acquisition, having bought Trust Wallet, according to an announcement July 31. Launched in 2017, U.S.-based Trust Wallet is an open source, anonymous, and decentralized wallet that supports Ethereum (ETH) and over 20,000 different Ethereum-based tokens (ERC20, ERC223, and ERC721). While the …

Coinbase acquires Keystone Capital in bid to become a regulated broker-dealer

Leading U.S. cryptocurrency exchange Coinbase announced it would acquire securities dealer Keystone Capital in a bid to become a fully SEC-regulated broker dealer, the company said Wednesday. “If approved, Coinbase will soon be capable of offering blockchain-based securities, under the oversight of the US Securities and Exchange Commission (SEC) and …

Korea’s Biggest Crypto Exchange Raided Over Suspected Fraud

Prosecutors in South Korea have reportedly raided the largest cryptocurrency exchange in the country, UPbit. According to CoinDesk Korea, investigators from the Prosecutors’ Office of the southern district of Seoul, the country’s capital, searched the head office of the exchange in the Gangnam-gu district on May 10-11. UPbit is suspected …

New York Stock Exchange’s Parent Company Is Building a Bitcoin Exchange

Looks like the New York Stock Exchange wants to be ahead of the pack. The owner of the NYSE has been building an online trading platform to allow its institutional investors to buy and hold Bitcoin, according to The New York Times. Intercontinental Exchange (ICE), the parent company of NYSE, …

ARGENTINA READY TO INSTALL 4,000 TO 5,000 CRYPTO ATMS ACROSS THE COUNTRY

Argentina may be a leader in the Crypto ATM market. According to local media, the country may be ready to receive between 4,000 and 5,000 ATMs that will also include blockchain technology and support for virtual currencies. According to the CEO and founder of Odyssey Group, Sebastián Ponceliz, the ATMs …

Bittrex

Bittrex is a US-based cryptocurrency exchange headquartered in Seattle, Washington. The company was founded in 2013 by Bill Shihara and two business partners, all of whom previously worked as security professionals at Microsoft. The exchange is one of the largest cryptocurrency exchanges because of its high trading volume, is renowned …