Blog Archives

Report: Is Bitfinex Moving Headquarters To Switzerland?

Posted on 2nd April, 2018

According to a story published late last week by Swiss newspaper Handelszeitung, major cryptocurrency exchange Bitfinex is in the process of relocating to Switzerland. Bitfinex CEO Jean Louis van der Velde confirmed that the exchange is in the process of merging “operations previously spread over several locations,” adding that his company has held high-level discussions […]

Global Crypto News Roundup: Updates from the U.S., Hong Kong, Korea, and Japan

Posted on 9th February, 2018

U.S.A.: This week, the U.S. Marshals Service confirmed the sale of more than 3,600 bitcoin — roughly $31 million at current prices — to five winning bids in a recent auction. This is the first auction of seized bitcoin since 2016, when the agency sold the remaining 2,700 bitcoins of the 144,000 BTC seized from […]

Report: Hong Kong exchange HKCex may be on the verge of collapse

Posted on 4th June, 2014

In May, Hong Kong-based cryptocurrency exchange HKCex announced it had secured $25 million in new funding, pushing it into the realm of high-profile venture-capital backed companies like BitPay, Circle and Coinbase. Almost immediately, however, many in the bitcoin community in Asia began to claim that the announcement was a fraud, and HKCex little more than […]

Are SMS-based bitcoin transactions the key for emerging markets?

Posted on 5th May, 2014

In many emerging-market countries, most average people are still too poor to afford relatively expensive items like computers and smartphones. Even if they can afford such luxury items, access to reliable internet providers can be just as elusive. In fact, the only piece of modern technology that has significant market penetration in these comparatively poor […]