How Do Crypto Exchanges Select Coins, What Does It Take to Get Listed?

Binance.US, an upcoming subsidiary of one of the world’s leading cryptocurrency exchanges that will be compliant to operate within the United States, has recently gotten investors excited with an announcement that the platform was reviewing 30 new assets for listing. Importantly, the news also shed some light on the...

Major Coins Report Mild Losses, Bitcoin Price Hovers Around $10,700

Tuesday, Aug. 20 — following a brief period of recovery, almost all of the top-20 coins by market capitalization have entered the red again, with Bitcoin (BTC) hovering around $10,700. Market visualization. Source: Coin360 The leading digital currency BTC is struggling to stay in positive territory, being up by...

Crypto Payment Firm Everex Obtains License From New Jersey Regulators

Stablecoin-based settlement platform Everex has obtained a full Money Transmitter License from a New Jersey regulator, allowing the company to test services in the United States. In a press release shared with Cointelegraph on Aug. 19, Everex revealed that the New Jersey Department of Banking and Insurance issued the...

Square Crypto Hires Blockstream Co-Founder, Open Source Bitcoin Dev

Square Crypto, the cryptocurrency-focused branch of mobile payment company Square, has hired Blockstream co-founder and Bitcoin (BTC) developer Matt Corallo. Square Crypto announced the news in an official Twitter post on Aug. 20. Matt Corallo also commented on the announcement, saying: “So excited to be joining the @sqcrypto team...

The European Commission Concerned About Libra’s Potential Monopoly

Antitrust regulators at the European Commission, the executive branch of the European Union, have sent out a questionnaire to determine whether Facebook’s proposed stablecoin Libra is an anticompetitive project. Bloomberg learned of the news via a private document, per a report on Aug. 20. According to the report, the...

Crypto Transaction Tracking Service Whale Alert Announces Version 2

Whale Alert, a service dedicated to tracking major cryptocurrency transactions, has announced a second version of its platform in development. Updated tracking capabilities Whale Alert’s official Twitter account announced on Aug. 20 that the service is currently working on the second version of its platform, which includes additional services....

US Secretary of State Wants to Regulate BTC Like Other E-Transactions

United States Secretary of State Mike Pompeo believes that Bitcoin (BTC) should be regulated the same way as other electronic financial transactions. Security risks of reduced governmental monitoring In an interview on Squawk Box on Aug. 20, Pompeo pointed out the risk of anonymous transactions associated with crypto, saying:...

Crypto Trading Firm INX Hopes to Raise $5M-$130M in Upcoming IPO

Gibraltar-registered blockchain and cryptocurrency-focused startup INX Limited intends to raise between $5 million and $130 million through an initial public offering (IPO) per a document filed with the United States Security and Exchange Commission (SEC). The filing reads that INX — which develops a regulated platform for cryptocurrency trading...

US Crypto Review: Top-5 States With Welcoming Regulations

On Aug. 14, at least two American states introduced regulatory actions targeting the crypto space. First, Maryland’s attorney general announced that the state is participating in Operation Cryptosweep, a joint initiative of state and provincial securities regulators in the U.S. and Canada, wherein they launch probes into potentially fraudulent...

High-Powered Mining Rigs Drive Bitcoin’s Accelerating Hashrate

On August 19, the combined SHA-256 hashrate between the BCH and BTC networks touched a massive high of over 91 exahash per second (EH/s). One notable contribution to today’s network hashrates is the manufacturing of next-generation mining rigs that produce a significant number of terahash. Currently, the top machine...