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  1. Bloc10Fintech

    Indian exchange Zebpay to shut down

    Zebpay, once the largest cryptocurrency exchange by trading volume in India, has announced it is halting its trading service later today. The exchange said: "The curb on bank accounts has crippled our, and our customer's, ability to transact business meaningfully. At this point, we are unable...
  2. Bloc10Fintech

    Hackers Steal $59 Million In Cryptocurrency From Japanese Exchange

    Last week, hackers stole an estimated $59 million from a Japanese cryptocurrency exchange called Zaif, according to a statement released Thursday by the owners of the exchange. According to Cointelegraph, the Tech Bureau Corp. said the breach occurred on September 14. The company discovered...
  3. Bloc10Fintech

    Coinbase trading against customers

    “Coinbase disclosed that almost 20 percent of executed volume on its platform was attributable to its own trading.” https://bit.ly/2xlVOC2
  4. Bloc10Fintech

    Institutional Investors move towards bitcoin

    Morgan Stanley is one of the largest US-based banks in the world, and that makes its interest in cryptocurrencies, especially Bitcoin, a point worth noting. It’s such large institutions that really make a huge difference when a product needs general market acceptance. It won’t be different for...
  5. Bloc10Fintech

    FINRA Takes Down HempCoin Cryptocurrency

    The Financial Industry Regulatory Authority (FINRA) has issued its first cryptocurrency-related disciplinary action, charging Timothy Tilton Ayre, a broker in Agawam, MA., with securities fraud and the unlawful distribution of HempCoin, which the agency claims is an unregistered cryptocurrency...
  6. Bloc10Fintech

    Ethereum crashes to a 16-month low

    This is quite painful. Ethereum is down over 8% to below $170 on Wednesday morning. The cryptocurrency has fallen more than 30% over the last 7 days amid a wider slump in crypto markets. Cryptocurrency ethereum crashed by over 8% on Wednesday, extending a slump for the asset and the wider...
  7. Bloc10Fintech

    Canadian Bitcoin Fund Receives Status as Mutual Fund Trust

    Canada’s “first” and “only” regulated Bitcoin (BTC) fund First Block Capital Inc. has obtained mutual fund trust status, allowing investors to put their fund units in self-directed registered accounts, according to a press release published September 10. Canadian Bitcoin Fund Receives Status...
  8. Bloc10Fintech

    Bitcoin Tracker One and Ether Tracker One Suspended

    Two cryptocurrency-related securities, Bitcoin Tracker One and Ether Tracker One, were slapped with a suspension notice by the SEC. The securities watchdog cited confusion over materials characterizing the products as exchange-traded funds. Both securities are listed on the Stockholm stock...
  9. Bloc10Fintech

    AI Tracked Unusual Market Behavior

    "Earlier today, news spread that Goldman Sachs was sidelining plans of opening its cryptocurrency trading desk, a report coinciding with a market that took a sharp downward turn. The other day, market analysts saw someone take a 10,000 BTC short position while overall market sentiment has been...
  10. Bloc10Fintech

    Bitcoin drops sharply and suddenly

    Bitcoin dropped sharply Wednesday, falling $500, or about 5%, in just over an hour. Other cryptocurrencies fell even more sharply, with both ether and Ripple's XRP losing about 12%. There does not appear to be a clear catalyst for the sell-off. Bitcoin drops sharply and suddenly — and now...
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