Ripio Is Launching a Crypto Exchange for 3 Latin American Nations

UPDATE May 16, 18:30: The article was updated with new information from Ripio on the exchange launch date. ––––––––– Ripio, a startup that’s been working to boost crypto adoption in Argentina, is opening a new exchange platform for three Latin American markets. The exchange will operate in Argentina, Brazil and Mexico, though due to regulatory hurdles, only fixed-price purchases will be available for Mexican users, Ripio CEO Sebastian Serrano told CoinDesk at Consensus 2019. The company already offers a crypto wallet and peer-to-peer lending, and is launching over-the-counter (OTC) trading for…

Crypto Exchange Binance Restarting Services After Post-Hack Upgrade

Cryptocurrency exchange Binance has announced that it is back online after completing a security upgrade prompted by a recent hack. Kicking off at 03:00 UTC Wednesday, the upgrade meant that all services were suspended during this period, according to a Binance support message. A two-hour extension to the upgrade was announced this morning as some tasks took “longer than expected.” Following the upgrade, Binance published an update saying that trading will recommence at 13:00 UTC.  Users can now cancel open orders and process deposits, while withdrawals “will be available shortly after…

Hacked Cryptocurrency Exchange Cryptopia Goes Into Liquidation

Cryptopia, the cryptocurrency exchange hit by a major hack in mid-January, has gone into liquidation and suspended trading operations. The news was announced Wednesday by Cryptopia’s assigned liquidator, professional services firm Grant Thornton New Zealand. Cryptopia confirmed the news on Twitter, as well as on its website. Possibly signaling changes afoot, Cryptopia website went under maintenance yesterday without any message to the public on its social media platforms. It was first noticed by a Redditor who asked whether the exchange had been hacked again. Back in January, Cryptopia went offline for…

Hacked Crypto Exchange Binance to Resume Deposits and Withdrawals on Tuesday

Binance CEO Changpeng Zhao has announced that the crypto exchange plans to resume deposits and withdrawal services on Tuesday. He wrote in a brief update: Our team is making progress and has been working through the weekend. In the past few days, we have made some significant overhauls to our system, with a large number of advanced security features added and/or completely re-architected. We will share details on some of the changes later. We aim to fully resume deposits and withdrawals on Tuesday. The time will be communicated at a…

Bitfinex Releases Official White Paper for $1 Billion Exchange Token Offering

Cryptocurrency exchange Bitfinex has released the official white paper for its $1 billion exchange token sale, revealing it will also launch a dedicated platform for projects to raise funds via similar initial exchange offerings (IEOs) starting from next month. Bitfinex published the white paper Wednesday, confirming recent reports that it’s aiming to raise up to $1 billion worth in the tether (USDT) stablecoin by selling its own exchange token, dubbed LEO, in a private sale. However, the white paper indicated the private sale will end on May 11, not the…

Tokenized Securities Exchange Currency.com Launches to the Public

Belarus-based tokenized securities exchange Currency.com has announced it is launching to the public today after a spell in beta mode since January. The platform – which claims to be the world’s first such exchange – allows investors to directly trade and invest in tokenized financial instruments, with payment being made directly in bitcoin (BTC) or ethereum (ETH). Currency.com has also launched an app for both iOS and Android allowing users to access the exchange on the go. Other features added for the launch include 50 percent margin close outs and selling…

Blockchain Will Revolutionize 300 Years of Stock Trading: London Stock Exchange

By CCN.com: The London Stock Exchange (LSE) is weighing the benefits of using blockchain technology for issuing stock and settling trades. In an interview with CNBC, the LSE chief executive Nikhil Rathi said he was inspired by early blockchain initiatives at other stock exchanges, and sees the benefit of distributed ledger technology: “You can certainly see distributed ledger technology having an application in the issuance process… I can see that technology being used in settlement too.” LSE, the world’s sixth-largest stock exchange, has been surprisingly open to blockchain technology. Earlier…

Huobi Cloud Aims for 80 More Exchange Partners in Bid for Revenue Growth

Singapore-based exchange conglomerate Huobi Group has a unique growth strategy for emerging markets: partner with local entities and then split the profits 50/50. Revealed exclusively to CoinDesk, the South African exchange HIZA will launch in May and join a cohort of 150 platforms under the Huobi Cloud umbrella, according to Huobi Group’s senior business director David Chen. “We will help them get their trading volume up and we’ll expand our business when the market is more mature,” Chen said, adding that up to 80 like-minded partnerships are currently in the…

Binance Launches Decentralized Exchange Ahead of Schedule

Binance’s much anticipated decentralized exchange (DEX) has gone live ahead of its planned schedule. The world’s top cryptocurrency exchange by adjusted volume announced the news on Tuesday, saying that while trading will begin “at a later date,” users can now create wallets on Binance DEX. A representative told CoinDesk that trading will launch “as soon as tokens are issued and listed on Binance DEX, and trading pairs are created. We’re expecting this to happen soon, in the next few days.” Binance CEO Changpeng Zhao said in the announcement: “We believe decentralized…

Hacked Crypto Exchange Zaif Resuming Full Services Under New Owner

Japanese cryptocurrency exchange Zaif, which was hacked for about $60 million last year, is under new management. The exchange announced on its corporate website on Friday that, as of Monday, April 22, the firm will have signed over its business to publicly listed Japanese investment firm Fisco and full operations will be reinstated Tuesday. The plan for the takeover was first aired in October 2018, and sees the exchange pass from its previous owner, Tech Bureau, to an existing crypto exchange owned Fisco. Friday’s post indicates that the deal cost Fisco…