After suffering a hack that caused enormous losses last year, Japanese cryptocurrency exchange Zaif will be back in business on April 23. In September 2018, Zaif suffered a loss of crytocurrencies worth 6.7 billion yens (approximately $59.8 million) when bitcoin (BTC), bitcoin cash (BCH), and monacoin (MONA) were stolen through a hack. As part of
Christina Sandler, the former head of institutional sales at the American cryptocurrency exchange Coinbase, has joined Fidelity Digital Assets. She has been appointed head of sales and marketing. Her new position was announced in a press release published on April 10. In her new role at the digital assets trading and custody platform, Sandler will
Coinbase, a major American cryptocurrency exchange, is offering a new service to their customers. On March 28, a Coinbase spokeperson announced that Coinbase has expanded into cross-border payments. Therefore, Coinbase users can now transfer money to any part of the world instantly. All that the beneficiary needs is a Coinbase account, and the payment will
Denelle Dixon, former chief operating officer (COO) at IT non-profit company Mozilla, has been appointed CEO and Executive Director of the Stellar Development Foundation (SDF), another non-profit organization. The appointment was announced via a press release on March 14. Dixon is replacing Jed McCaleb, who is now in the position of chief architect, in which
Bittrex, an exchange based in the United States dealing with cryptocurrencies, had previously announced what would be their first token sale. Now, this token sale, dubbed an Initial Exchange Offering (IEO), has been cancelled in an official announcement released on March 14. The IEO was supposed to take place on Bittrex International, which is its
The Ontario Securities Commission initiated an investigation into the major Canadian cryptocurrency exchange QuadrigaCX. The OSC explained, that its actions are based on the need to protect the Canadian investors, given the potential harm caused to them by the exchange. However, there are no comments whether the investigation is a normal or a special one.
Since the 17th of January, Chilean citizens should report their profits from cryptocurrency operations to the Chilean Internal Revenue Service and pay taxes. This was reported by Spanish crypto-media Diario Bitcoin. In 2018, the Revenue Service declared, that cryptocurrencies should not have been a subject to VAT, but it should be considered to count the
Despite issues that the cryptomarket has been facing since 2018, CoinField, a Canada-based cryptocurrency exchange, doesn’t lose its optimism. The platform is going to make the market cheaper and more assessible not only for big, but as well for smaller investors. Moreover, the platform is going to introduce the crypto-market to new users and investors