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New World Bank Report: Nigeria’s Exchange Rate Policies Fueling Inflation, Affecting Food Prices

Nigeria’s use of multiple exchange rates regimes may have contributed to a rise in the country’s inflation rate, the latest World Bank report has said. In addition, the report says ongoing restrictions on the use and movement of foreign exchange are “further pushing up prices of food and agricultural inputs like fertilizer.” Misaligned Exchange Rates […] дальше »

2021-6-22 14:30


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Report: Huobi Overtakes Binance and OKEx in Commission Earnings

Cryptocurrency exchange Huobi has reportedly raked in a total of $483 million in commissions throughout 2018, more that the top two exchange by volume Binance and OKEx.   Half a Billion in Trading Fees According to a recent report by Korean media Sporbiz, China-based cryptocurrency exchange Huobi has raked in a total of $483 million USD in commissions throughout 2018. дальше »

2019-1-25 00:00


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Top Officials at Two Korean Cryptocurrency Exchanges Face Fraud Indictments

Several of South Korea’s top crypto exchanges have found themselves in hot water, with executives at a couple of exchanges facing criminal charges and jail time. According to a news report on the Korean website Blockinpress, the CEO of Komid, a Korean crypto exchange, has received a three-year prison sentence for committing fraud against investors by artificially inflating the exchange’s actual trading volume. дальше »

2019-1-23 00:57


New TokenInsight 2018 Cryptocurrency Exchange Annual Report Shows Centralized Platforms Dominate Still

Is the future of crypto really decentralization? While one could argue that decentralization in the ethos of the crypto industry, someone could easily argue that this is not the truth. A new report made by TokenInsight goes on the way of explaining how the industry continues to be largely centralized. Despite the creation of many […] дальше »

2019-1-21 21:11


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Kraken Report: High Level of Law Enforcement Inquiries Per Capita From USA and UK

Kraken revealed in a tweet shared on January 5th that the volume of Law Enforcement inquiries received by the exchange in 2018 has tripled as compared to 2017. The US-based exchange commented on the finding by stating that the cost of handling those agencies subpoenas is unequivocally becoming a barrier to entry for US customers. дальше »

2019-1-9 20:29


Robinhood Crypto Trading App Prepares To Expand With UK Launch And London Office

The US-based stock and cryptocurrency investment platform Robinhood is getting prepared to reach a new market in Europe. In a recent report uploaded by TechCrunch, the zero-fee crypto exchange is recruiting new individuals and experts for its new office in London as it seems that the company wants to enter the United Kingdom market. TechCrunch […] дальше »

2019-1-9 13:25


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Upbit Denies Cryptocurrency Wash Trading Accusations

South Korean authorities recently alleged that top executives of cryptocurrency exchange company, Upbit, falsified the company’s trading volume. Company Inflates Trading Volume by $226 billion Three top Executives of Upbit, one of South Korea’s largest cryptocurrency exchange, were recently accused of inflating the company’s trading volumes and manipulating the data system to attract investors, according to a report by The Korea Times. дальше »

2018-12-22 11:03