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Huobi global expands into Russia to launch its new trading app

Quick take 1 minute read Huobi is getting ready to expand into Russia as one of the biggest crypto platforms in the world and will be rolling out its native mobile application in the nation in the near future.  Russian users will now be able to get involved with the spot market and trade major cryptocurrencies on the exchange through its mobile app as was announced by the company earlier this week. Huobi Global is getting ready to expand into Russia as one of the biggest crypto platforms in the world and will be rolling out its native mobile application...

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Gemini crypto platform expands into the UK as it also starts supporting the pound sterling to enrich the UK experience 

Quick take 1.5 minute read Gemini crypto platform expands into the UK thanks to green light from FCA.  Pounds sterling will also be supported now on the platform for UK customers. One of the biggest crypto platforms in the industry, Gemini, run by the Winklevoss twins, is getting ready to expand its operations into the United Kingdom after receiving approval from the financial conduct authority. In this exciting news announcement published in an official blog post on the exchange's website earlier this week on the 24th of September, the company was granted an electronic money institution license by the financial...

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Binance Slapped with lawsuit over claims of facilitating money through KYC services 

Quick Take 1 minute read Know your customer requirements for Binance are currently being targeted by the current owners of a Japanese crypto platform, Zaif.  Industry veterans will know that this platform got hacked not two years ago. Know your customer requirements for Binance are currently being attacked by the current owners of a Japanese crypto platform, Zaif. Industry veterans will know that this platform got hacked not two years ago. According to plaintiffs, the weak KYC requirements and the high daily limit facilitated the laundering of $60 million stolen from the Japanese platform. This month, a lawsuit was filed...

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Block Dx Review: Global Decentralized Exchange

When blockchain technology first came around, it opened the way for the creation of decentralized systems. With decentralized systems, there evolved issues, with security and access being the main concerns to existing traders and potential traders. For the crypto world to fully achieve its initial goal of decentralization, these issues needed to be looked into. Block Dx was developed and released to address and curb these problems. The Block Dx platform is arguably the fastest, most trustless, and most decentralized exchange (DEX) which operates on Blocknet Protocol. What is Block Dx Block Dx is a decentralized, trustless exchange platform that...

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Catherine Coley of Binance.US suggests crypto could help in more ways than one during the pandemic

Quick Take 1 minute read Catherine Coley has recently said that adopting cryptocurrency could be one of the only ways for businesses and companies to somewhat resist the pandemic in the future. Speaking in an interview earlier this week, the CEO said that cryptocurrency has the ability to offer uses beyond the speculation in which investors could engage in e-commerce transactions and push new companies and other real-world applications. The chief executive officer of the United States arm of the Binance crypto platform, Catherine Coley has recently said that adopting cryptocurrency could be one of the only ways for businesses...

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