Swedish Crypto Exchange BTCX Prepares For IPO

Swedish Crypto Exchange BTCX Prepares For IPO

The Swedish cryptocurrency exchange BTCX is preparing for an upcoming stock exchange listing. This comes as the company has already conducted a substantial funding round. Moreover, observers note that this could serve to legitimize the entire sector. Crypto exchange BTCX hopes for an IPO before summer  BTCX is Sweden’s oldest cryptocurrency company, and is a … Continue reading Swedish Crypto Exchange BTCX Prepares For IPO

US Securities and Exchange Commission Approves BTC Futures Fund to Issue Shares

US Securities and Exchange Commission Approves BTC Futures Fund to Issue Shares

A recent filing from the Securities and Exchange Commission (SEC)  is revealing that it is approving a BTC futures fund. Specifically, the Bitcoin futures fund will now be able to offer institutional investors its shares. SEC approves Bitcoin futures fund This news was first made public by an SEC filing that came into effect on … Continue reading US Securities and Exchange Commission Approves BTC Futures Fund to Issue Shares

Upbit Cryptocurrency Exchange Confirms Massive Ethereum Theft

Upbit Cryptocurrency Exchange Confirms Massive Ethereum Theft

The South Korean cryptocurrency exchange Upbit has recently seen a massive hack. Specifically, the exchange has notified users that a whopping 342,000 Ether have been stolen from the company’s hot wallet. $50 million worth of crypto stole from Upbit Furthermore, the CEO of Upbit’s operator – Dunamu – has since released an official statement. This … Continue reading Upbit Cryptocurrency Exchange Confirms Massive Ethereum Theft

Bitcoin Falls to $7,000 After China Promises to “Dispose Of” Local Crypto Exchanges

Bitcoin Falls to $7,000 After China Promises to “Dispose Of” Local Crypto Exchanges

The cryptocurrency markets have taken a substantial hit during the last 24 hours. As Toshi Times reported yesterday, China is now taking action against cryptocurrency exchanges in the country. Moreover, this is raising concerns that China will now aim to stomp out local cryptocurrency exchanges. China promises to “dispose of” cryptocurrency exchanges Specifically, this all … Continue reading Bitcoin Falls to $7,000 After China Promises to “Dispose Of” Local Crypto Exchanges