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When bitcoin crashed, Coinbase broke records

Coinbase has said that there was a significant spike on its bitcoin purchase volume on the 12th of March following the downturn. When you compare it to the average numbers over the past 12 months, the total traded volume on the platform jumped six times. One of the biggest cryptocurrency platforms in the industry and all across the world, Coinbase has said that there was a significant spike on its bitcoin purchase volume on the 12th of March just following the market downturn. Coinbase released a report recently where they said a lot of the customers on the platform took...

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Freewallet launches anti-crisis off-chain exchanges with Changelly

Freewallet has joined forces with Changelly to combat the crisis by opening off-chain exchanges for a list of 54 coins and ERC20 tokens, including BTC, ETH, EOS, and LTC. Off-chain exchanges are executed in 2-3 minutes and characterized by better rates and enhanced anonymity. Off-chain exchanges are transactions in which digital assets are moved outside of the blockchain itself. By moving assets outside of the blockchain users are able to enjoy three distinct advantages over on-chain transactions. First of all, Freewallet customers opting to go off-chain will only have to pay for the exchange of their assets, without having to...

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Rehabilitation plan deadline for Mt. Gox extended by Tokyo Court

The deadline for the submission of rehabilitation plans has been extended by the trustee of the infamous Japanese Mt. Gox. Going off the official announcement published earlier this week, Nobuaki Kobayashi filed a motion with the district court to extend the submission deadline for the rehabilitation plan. The deadline for the submission of rehabilitation plans has been extended by the trustee of the infamous Japanese cryptocurrency platform Mt. Gox. Going off the official announcement published earlier this week on the company's website, Mt. Gox Rehabilitation Trustee Nobuaki Kobayashi filed a motion with the Tokyo district court in order to extend...

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Coinbase Commerce Passes $200 million in overall transactions, is crypto the way forward?

Coinbase Commerce has just recently revealed that it has passed $200 million in total transactions processed over its history of two years.  For those that don’t know, the platform supports payments in cryptocurrency for Internet retailers. Coinbase Commerce has just recently revealed that it has passed $200 million in total transactions processed over its history of two years. For those that don’t know, the platform supports payments in cryptocurrency for Internet retailers. As the sister arm of one of the biggest cryptocurrency platforms in the United States, the platform reported at the end of last week on the 26th of...

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Binance Card announced by Binance for users to Pay with crypto internationally

A card has just been announced by one of the biggest cryptocurrency platforms in the industry. This new card is similar to that of a Visa issued debit card that will give users the ability to shop online or make payments with crypto from anywhere on earth.  The card will also be directly connected to the user's account on Binance. A card has just been announced by one of the biggest cryptocurrency platforms in the industry. This new card is similar to that of a Visa issued debit card that will give users the ability to shop online or make...

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