Binance’s Singapore Fiat-to-Bitcoin Exchange Is Launching Next Week

Cryptocurrency exchange giant Binance will launch its new fiat-to-crypto platform in Singapore next week, its chief financial officer said. CEO Changpeng “CZ” Zhao announced in early April that the Singapore fiat “on-ramp” would be coming sometime this month. But speaking to CoinDesk Wednesday from Paris, Binance CFO Wei Zhou gave a more precise timeframe.   “Next week we are going to launch the Singapore simple buy/sell on-ramp,” said Zhou, who was in town for Paris Blockchain Week. “It will actually be a new product we are launching, as a very easy buy/sell platform…

Winklevoss Twins Reach Settlement With Charlie Shrem

The Winklevoss twins reached a settlement with Charlie Shrem on April 16, 2019, declaring that their case against him has been dismissed with prejudice and will not be reopened. The twins, who founded the Gemini cryptocurrency exchange, originally sued Shrem, the founder of early bitcoin company BitInstant, in November 2018, alleging that Shrem stole 5,000 bitcoin from the pair in 2012. They asserted that Shrem agreed to build a stockpile of cryptocurrency for them at their expense but then came up short by nearly $60,000 in bitcoin at the contemporary…

Kraken Delists Bitcoin SV Following Online Poll from Over 70,000 Users

U.S.-based cryptocurrency exchange Kraken has delisted Bitcoin SV (BSV), per an official announcement on its blog. In the announcement, the exchange noted that the digital asset had exhibited behavior opposite to its standards and those of the wider crypto community. “Over the last few months, the team behind Bitcoin SV have engaged in behaviour completely antithetical to everything we at Kraken and the wider crypto community stands for,” the post reads. The delisting came on the heels of an opinion poll conducted on Twitter by the exchange in light of…

Microsoft Azure Now Supports RSK Smart Contracts

RIF Labs has announced the integration of its public blockchain, RSK Smart Contracts, on Microsoft’s Azure Marketplace. The RSK Smart Contract Network is an open-source platform that seeks to extend the functionality of Bitcoin using smart contracts and the Azure Marketplace is an app store for Microsoft’s cloud computing service. Prior to the integration, RIF Labs customers had to deploy local servers while manually setting up and maintaining nodes for running the blockchain. With the addition of RSK Smart Contracts on the marketplace, users can have an RSK blockchain network…

E-Commerce Giant Rakuten Opens Its New Crypto Exchange to Customers

Japan’s equivalent to Amazon, e-commerce giant Rakuten, has started accepting account registrations for its new cryptocurrency exchange, Rakuten Wallet. For now, only customers who have an account at Rakuten Bank or who already have a Rakuten member ID can sign up in preparation for the launch of trading, the firm’s website indicates. It’s not yet clear when it will accept applications from the wider public. The firm said in an announcement it has also rolled out an automatic support service using AI (artificial intelligence) technology to answer customer inquiries. It’s also planning…

EY Spends Millions Upgrading ‘Blockchain Analyzer’ to File Your Crypto Taxes

Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. By CCN.com: Big Four accounting firm Ernst & Young (EY) wants to make filing your crypto tax returns easier. To this end, the auditing giant launched the second generation of…

Bitcoin (BTC) Trend Overwhelmingly Positive As Bulls Eye $5,400

Bitcoin price formed a double bottom pattern near $4,940 and climbed higher against the US Dollar. Bulls pushed the price above the key $5,150 and $5,160 resistance levels. Yesterday’s highlighted major bearish trend line was breached at $5,110 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is currently trading in a positive zone and it could continue to rise towards $5,350 or $5,400. Bitcoin price rebounded sharply above $5,200 against the US Dollar. BTC is back in a decent uptrend and it seems like…

People ‘Look Really Stupid’ When Challenging Bitcoin

Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. By CCN: Max Keiser is one of the earliest mainstream media proponents of bitcoin. He has consistently preached the values of bitcoin as a path to individual financial sovereignty. Bitcoin is…

Crypto Market Primed For Lift-Off: Bitcoin Cash, Litecoin (LTC), TRX, ADA Analysis

The total crypto market cap stayed above the key $160.0B support and climbed towards $170.0B. Litecoin (LTC) price recovered recently and moved above the $80 resistance. Bitcoin cash price extended gains and it could move higher towards the $320 level. Tron (TRX) price is currently consolidating above the key $0.0260 support area. Cardano (ADA) price must break the $0.0850 resistance to start a decent upward move. The crypto market cap is up more than $4 billion, with positive moves in bitcoin (BTC) and Ethereum (ETH). Ripple, litecoin (LTC), bitcoin cash,…

Gate.io Raises $64 Million for Launch of New Exchange Cryptocurrency

Crypto exchange Gate.io has raised $64 million worth of crypto assets in seven days for its own exchange cryptocurrency that won’t be launched on a blockchain for at least six months. One of the oldest Chinese exchanges, Gate.io claimed on Monday that over the last week it was heavily oversubscribed with orders totaling $2.99 billion for the so-called Gate Points, which can be used for offsetting trading fees on the platform. Moreover, each Gate Point further entitles a holder to receive 2.5 Gate Tokens (GT), the native cryptocurrency of Gatechain, the…