Coinbase Issues a Public Apology to EU and UK Customers — Did Not Address Its Global Issues

Coinbase Issues a Public Apology to EU and UK Customers — Did Not Address Its Global IssuesCryptocurrency exchange Coinbase published a statement addressing their U.K. and E.U. customers, apologizing for system outages and account restrictions. The company also recognized their customer support “has not been at the levels” expected. High Flow of Incoming Customers According to the public apology, the U.S.-based crypto company said customers from both regions have been facing […]

Etoro Warns Customers to Brace for Suspension of Crypto Buy Orders due to an ‘Unprecedented Demand’

Etoro Warns Customers to Brace for Suspension of Crypto Buy Orders due to an 'Unprecedented Demand'Etoro, a trading and investing platform, has warned its customers to brace for possible limitations on their buy orders this coming weekend. The company says it might be forced to take this and other steps if the anticipated and unprecedented surge in demand for cryptos occurs. Unprecedented Demand and Limited Liquidity The Israeli company’s warning […]

Traders Complain About Exchange Issues and Downtime During Bitcoin’s Volatile Price Swings

Traders Complain About Exchange Issues and Downtime During Bitcoin's Volatile Price SwingsAs bitcoin and a number of digital assets saw deep losses on Monday, a few crypto-asset exchanges had difficulties. Traders have been complaining about issues with exchanges like Coinbase, Kraken, and other trading platforms during the volatile price swings. Bitcoin (BTC) and many other cryptocurrencies have suffered a dip in value during the course of […]

Crypto Futures Exchange Bakkt Going Public at a Valuation of $2.1 Billion

Bitcoin futures exchange Bakkt is going public via a merger with VPC Impact Acquisition Holdings, a special purpose acquisition company (SPAC) created for taking startup firms public. Both companies have now confirmed the transaction, and will be listed on the New York Stock Exchange (NYSE) under a new name – Bakkt Holdings Inc., – sometime […]

New Online System at Mt. Gox May Be Used to Facilitate Bitcoin Refunds to Creditors, Says Trustee

New Online System at Mt. Gox May Be Used to Facilitate Bitcoin Refunds to Creditors, Says TrusteeMt. Gox’s trustee, Nobuaki Kobayashi, has asked creditors of the defunct crypto exchange to register on a new online system so that they might receive their refunds and be able to vote on the civil rehabilitation plan. ● In a statement released Jan. 7, Kobayashi said the registration targets those creditors who have already filed […]

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