The World’s Largest Crypto Exchange Will Let you Buy Bitcoin With Credit Cards

Binance, the world’s largest crypto exchange by daily trading volume, enabled credit card payments on its platform to allow users to purchase Bitcoin and other major crypto assets using Visa and Mastercard. The integration of credit card payments into the Binance trading platform comes after Binance CEO Changpeng Zhao (CZ) emphasized the importance of fiat …

Leaked Crypto Exchange User KYC Data Doesn’t Affect Our Accounts: Binance

By CCN: Binance, the world’s leading cryptocurrency exchange, has recently put out a statement claiming that the leaked cryptocurrency exchange user know-your-customer (KYC) data isn’t from its users, as it uses digital watermarks on every user picture it collects. Recently, CCN revealed a hacker going by “ExploitDOT” was selling leaked KYC data from cryptocurrency exchange …

Oops! South Korean Crypto Exchange Accidentally Sends Traders $5 Million in Bitcoin

Image: Shutterstock By CCN.com: Did you ever dream of waking up in the morning to unexpectedly find a vast amount of cash miraculously appearing in your account? That is what recently happened to users of a prominent South Korean crypto exchange. Coindesk Korea has reported that the Korean crypto exchange Coinnest has accidentally airdropped over …

South Korean Bitcoin Exchange Upbit Denies Fraud Allegations as Executives are Formally Charged

South Korea’s top financial regulator has formally filed fraud charges against executives of one of the Asian country’s biggest cryptocurrency exchanges. Three senior executives of Upbit including the founder Song Chi-Hyung were charged with making fraudulent transactions between September and December last year by prosecutors in Seoul, according to nocutnews. Specifically, the senior Upbit executives …

Japanese Bitcoin Exchange Coincheck that Lost $500M to Receive Full Licensing By End of Year

Readers may recall the January hack that cost Coincheck over $500 million. The largest theft in cryptocurrency history, the hack saw the exploitation of a vulnerability in the exchange’s security system and culminated in the loss of more than 500 million. New Economy Movement tokens, each worth over $1. As CCN’s Josiah Wilmoth wrote at the …

Binance Extends Support For Larger Trading Firms With New Sub-Account Feature

Binance has released what it describes as a “long-awaited” feature on its exchange, sub-accounts. Sub-accounts will be accounts that do not have full control over the assets in the trading account – ideal for trading firms who are looking to get into cryptocurrency and firms that are already trading in cryptocurrency with multiple desks. At …

No Bitcoin ETF Before Important Changes to BTC Markets: SEC Chairman

Twitter Facebook LinkedIn CCN is expanding. Are you our next full-time journalist from the West Coast USA? Send us your CV and examples here. SEC Chairman Jay Clayton has claimed that bitcoin exchanges lack sufficient transparency and monitoring for the market to see approved Bitcoin Exchange Traded Funds (ETFs). According to CNBC, at the Consensus …

Hacked Bitcoin Exchange MapleChange Returns, Discloses Refund Plan

Following yesterday’s report that MapleChange had claimed to have been hacked and gone offline, the Canadian bitcoin exchange’s Twitter account has come back to life, and they have opened a Discord chat room in order to facilitate altcoin refunds. According to a tweet, they will not be refunding any litecoin or bitcoin deposits. Their main …

Mastercard Wants to Patent a Fractional Reserve Cryptocurrency Bank

Mastercard has gone all the way through the stages of the resistance proverb — “first they ignore you, then they laugh at you, then they fight you, then you win.” Cryptocurrencies & Mastercard: A Turbulent History Like most financial companies, Mastercard never expected the blockchain, and by the time they took note of it, they were …

Brazil’s Largest Bitcoin Exchange Just Fired ‘at Least’ 20 Employees

Mercado Bitcoin, Brazil’s largest cryptocurrency exchange by trading volume, recently fired “at least” 20 employees amid restructuring efforts being made to “focus on professionalization, better governance and more agility in customer service.” Local news outlet Portal do Bitcoin reportedly spoke to four now ex-employees that served at different hierarchical levels. One noted it “was horrible” …