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Tag Archives: bitcoin exchange

$19 Billion Square’s Market Cap Surges 15% Due to its Bitcoin Venture

Companies venturing into Bitcoin trading are taking a big risk. This largely unregulated market remains subject to a lot of volatility. For Square, their decision to offer Bitcoin trading has paid off in spades. Nomura Instinet analysts claim Square will bee see a “healthy” boost to Q1 earnings thanks to this new feature. Square and […]

CEO of Korean Exchange Coinnest among Four Arrested for Fraud

South Korean police have arrested four high-ranking representatives of two cryptocurrency exchanges, including Coinnest’s CEO. They were detained on arrest warrants issued after a fraud investigation, prosecutors said. The executives are accused of embezzling funds belonging to customers and may face additional charges. Also read: Three South Korean Crypto Exchanges Raided for Diverting Funds Suspects […]

Major Chinese Exchange Platform Looks Towards International Market

One of China’s largest cryptocurrency exchanges has been bought by an unnamed Hong Kong investment group. According to a statement by BTCC today, the buyout aims to help develop an international facing platform, expanding the company’s remit outside of China. Senior Vice President of BTCC Mining Pool, Denver Zhao, said:  “We now have the resources […]