Category: Hong Kong
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Bitcoin Exchange Gatecoin Shuts Down Citing Financial Difficulty
Hong Kong-based bitcoin exchange Gatecoin has said it is shutting down citing financial difficulty. The exchange suffered a $2 million hack in 2016 and hasn’t been able to recover the funds. However, Gatecoin blames a registered French payment service provider for paralyzing its operations. The payments company allegedly duped the exchange out of an unspecified…
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Cointext Adds the Ability to Pay Bitpay Invoices Using SMS
[youtube https://www.youtube.com/watch?v=jC4-oqu580E&w=560&h=349] Cointext, the cryptocurrency wallet that allows users to send bitcoin cash (BCH) by SMS, has been steadily adding regional support and so far has captured 42 countries. Now Cointext has added the ability to utilize the BIP70 protocol so users can pay Bitpay invoices using the wallet’s text messaging capabilities. Also read: Bitcoin…
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In the Daily: Coinhive Closedown, Eos Heist, Crypto Entrepreneur Arrested
In this edition of The Daily, the creator of the in-browser crypto mining software Coinhive is closing down due to the low prices of monero and its forks. Also, $7.7 million of Eos has been stolen by a hacker and the crypto entrepreneur behind the money-throwing stunt in Hong Kong last year has been arrested…
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PR: LendaBit.com Launches Excellent P2P Service for Unverified Borrowers
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. LendaBit.com, one of the fastest-growing P2P lending platforms, is pleased to announce the launch of a new special…
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Hong Kong Crypto Exchange Coinsuper Shifts Focus to Institutional Investors
Hong Kong-based cryptocurrency exchange Coinsuper is reportedly shifting its focus from retail traders to institutional investors. This is the latest example of how regulations and trading volumes moving to OTC platforms are impacting the business strategies of crypto exchanges. Also Read: University of Michigan Endowment Backs Crypto Venture Capital Fund Coinsuper Exchange Pivots Focus Coinsuper,…
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PR: trade.io Enables Purchase of Cryptocurrencies With USD and EUR
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Monday, February the 4th, 2019, Hong Kong, Crypto exchange trade.io has announced a partnership with payment processor Simplex,…
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Xapo Transfers Key Operations to Switzerland
Global crypto services provider Xapo is moving major operations from its base in Hong Kong to its office in Switzerland. The company is incorporated in the Asian financial hub but that may also change soon due to the friendlier business environment in the Alpine nation. Also read: Russian Institutions Back Proposal to Let Companies Use…
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PR: trade.io Turns up the Heat With Massive Airdrop – Attractive Trading Competition
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. CALLING ALL TRADERS! Think you’re good at trading… Well, it’s time to put your skills to the test.…
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Report Claims Chinese Mining Giant Bitmain Is Prepping for New Leadership
The cryptocurrency mining manufacturer Bitmain may have a new chief executive officer in the near future according to regional reports. Bitmain’s director of product engineering, Haichao Wang, will apparently take the lead role within the corporation but no official timetable has been announced. Also Read: Nick Szabo: Central Banks May Turn to Cryptocurrency Reserves Over Gold…
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Coinflex Exchange to Offer Leveraged BCH and BTC Futures
Hong Kong-based Coinflex exchange has announced plans to offer futures contracts for bitcoin core (BTC), bitcoin cash (BCH), and ethereum (ETH) with leverage of up to 20x. All futures bought and sold on the exchange will be physically delivered, meaning that when the contracts expire, holders will be paid the underlying cryptocurrency instead of cash.…