There's interesting news coming out of Japan's cryptocurrency industry. Coincheck Users Can Now Stake Altcoin Lisk Lisk recently saw a 50 percent gain against BTC. Now Tokyo-based Coincheck will allow Lisk staking. Users with at least 10 Lisk can stake it in beta mode. Staking is…
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Class Action Lawsuit Filings And Complaints Heat Up Against iFinex
On October 10, 2019, a class action lawsuit was filed against iFinex Inc. This is the parent company of Bitfinex and Tether. The class action lawsuit was refiled in New York's Southern District Federal Court on January 8, 2020. The lawsuit is by Young et al. It was…
Why is Deribit Leaving the EU, and Should You Stay?
Deribit, a crypto derivatives exchange, is leaving the European Union to avoid new anti-money laundering rules requiring customer to submit a great deal of personal data to use the platform. Netherlands-based Deribit B.V. will operate from subsidiary DRB Panama Inc. starting Feb. 10, 2020. John Jansen will remain as…
USDC now listed on Coinbase competitor Kraken's site
Kraken, the popular cryptocurrency exchange, has recently added USD Coin to its ever-growing list of viable trading pairs. USDC has recently received attention for its rapid growth as a stablecoin. According to a press release offered to the public, USDC has been listed on Kraken earlier this month. Coinbase and…
Can Bitcoin Go Mainstream with ETF Investing?
It seems U.S. markets are perpetually avoided by Bitcoin ETFs (exchange-traded funds). However, there is one startup that seems poised to help bring blockchain tech and ETFs together at last after $17 million was successfully raised. WisdomTree recently released a press release on January 7 announcing their investment in…
Important Information about Nakamoto: A Newly Launched Cryptocurrency News Site
Nakamoto is a news outlet that covers stories within the world of cryptocurrencies. It was launched on January 3rd with the intention of allowing leaders within the industry to share pertinent content. The "about" section of the platform's website stated that the purpose of the venue…