|Day's Range||50.2 - 53.62|
|52 Week Range||24.36 - 161.30|
|Volume (24hr) All Currencies||74.43M|
Cryptocurrency exchange Poloniex is today removing 23 trading pairs of cryptocurrencies due to “low volume.” The pairs include litecoin (LTC)/ monero (XMR), DASH/XMR, Zcash (ZEC)/XMR and Civic (CVC)/ ether (ETH), among others, as announced on Twitter on Thursday.The post Poloniex exchange removing 23 crypto trading pairs, citing ‘low volume’ appeared first on The Block.
Cryptocurrency payment processing service provider Flexa is coming to Canada, the company announced in a blog post on Tuesday. This is Flexa's first offering outside the U.S.The post Flexa brings cryptocurrency payments to over 7,500 Canadian merchants appeared first on The Block.
U.K.-based financial services giant Barclays has reportedly stopped providing banking services to cryptocurrency exchange Coinbase. CoinDesk reported the news on Wednesday, citing industry sources.The post Barclays cancels banking deal with Coinbase - Report appeared first on The Block.
Cryptocurrency exchange Coinbase is removing the support for privacy cryptocurrency Zcash (ZEC) for its U.K. customers. From Aug. 26 onwards, Coinbase’s UK customers “will no longer be able to hold a Zcash balance,” the exchange said in an email sent on Friday. The post Coinbase removing Zcash support for UK customers appeared first on The Block.
According to a tweet posted by The Ycash Foundation, the first block has been mined, and the official fork has taken place.The post Zcash experiences its first 'friendly fork,' Ycash appeared first on The Block.
The U.S. Securities and Exchange Commission (SEC) is getting ever more serious about blockchain data. While many of the world's governments and politicians focus on Facebook's recently introduced Libra and data sharing among virtual asset providers, the SEC is seeking more data on public blockchains.The post SEC seeks blockchain data provider to monitor risk, improve compliance, and inform policy appeared first on The Block.
Crypto market maker Cumberland is upgrading from trading by Skype to modern-day Wall Street-style screen-based interactions.
The Arwen protocol, launched on testnet Monday, aims to let centralized exchange users self-custody their private keys and conduct transactions off-chain.
In a move to expand its asset offerings, Coinbase has created a new process by which anyone with a token can apply to have it listed on the platform.This news comes weeks after Coinbase said it was exploring the addition of several new assets including Stellar Lumens (XLM), Zcash (ZEC) and Cardano (ADA).At present, Coinbase carries only a handful of top cryptos on its platform: bitcoin, bitcoin cash, ether, ethereum classic and litecoin. The new policy will change all of that. Creators can now visit listing.coinbase.com to apply to have their digital asset listed on the platform. Coinbase says the new process will be free initially, but a fee could be introduced in the future to cover the legal and operational costs involved in onboarding new coins.The statement from Coinbase reads in part:"There are now thousands of digital assets of all types, including coins, tokens, forks, stablecoins, and collectibles. One of our top customer requests is to add support for these new assets, and we have been determining how to do this in a secure and compliant way for those assets meeting our standards."These changes will open Coinbase to an exponentially broader pool of blockchain-based projects and make it more competitive with foreign exchanges that offer a variety of options for traders.Dan Romero, vice president and general manager of Coinbase Consumer, told CNBC that crypto is becoming more important across the world, particularly in emerging markets and there is a need for Coinbase to "shift as a company to a more global perspective."While Coinbase might have opened the floodgates with the overhaul of its listing process, the company will only list digital assets that are "compliant with local law" and satisfy listing requests in a "jurisdiction-by-jurisdiction manner." In other words, assets available to Canadian customers, for example, might not be available to customers in the United States. Theoretically, users could leverage a VPN to circumvent jurisdiction-by-jurisdiction restrictions (this tactic is employed for other services and platforms, such as Netflix). But Coinbase could also police VPN use to bar this behavior, a practice which, while resource and time intensive, may also put off some of the crypto industry’s die-hards who value privacy. As of publication, Coinbase has not yet responded to Bitcoin Magazine 's request for comment or offered a game plan to police such activity. This article originally appeared on Bitcoin Magazine.
From ShapeShift's capitulation to KYC to the New York Attorney General's critical look at exchanges, officialdom is striking heavy blows. Stay tuned.
Peer-to-peer cryptocurrency exchange AirTM has raised $7 million it says it will use to expand in troubled Latin American economies.