Crypto News

Japan Not Considering Approval of Bitcoin ETF, FSA Denies Reports

According to a spokesperson from the Financial Services Agency (FSA), Japan is not considering the approval of a Bitcoin exchange-traded fund (ETF). Speaking to Bitcoin.com, an FSA representative said: There is no such fact that we are considering approving ETFs which track crypto-assets at present. We are not currently considering approving them. Japan Doesn’t See […]

Altcoins

Bitcoin Private Denies Fraud Allegations and Calls for Halt to BTCP Trading

Bitcoin Private Symbol Bitcoin Private has confirmed the allegations made by CoinMetrics, reported by CCN yesterday. Calling them “mathemetically accurate,” the development team says that no one on their team knows where the extra coins wound up. Again, CoinMetrics stated that at least 300,000 of them had already been moved through exchanges. Due to the […]

Crypto News

South Korean Bitcoin Exchange Upbit Denies Fraud Allegations as Executives are Formally Charged

Advertisement South Korea’s top financial regulator has formally filed fraud charges against executives of one of the Asian country’s biggest cryptocurrency exchanges. Three senior executives of Upbit including the founder Song Chi-Hyung were charged with making fraudulent transactions between September and December last year by prosecutors in Seoul, according to nocutnews. Specifically, the senior Upbit […]

Altcoins

Venezuela: Church’s Chicken Accepts Crypto Payments after KFC Denies Rumors

Advertisement Church’s Chicken, an international fast-food franchise known its hand-battered fried chicken, has reportedly partnered with Dash Venezuela to become the first fast-food franchise to accept cryptocurrencies throughout its locations in Venezuela. According to a press release, a strategic alliance between Dash Venezuela and Church’s Chicken Venezuela will see 13 establishments start accepting the privacy-centric […]

Crypto News

Bitcoin Mining Firm Bitmain Confirms Board Shakeup, Denies Jihan Wu is Out as Chair

Advertisement Twitter Facebook LinkedIn Major China-based bitcoin mining firm Bitmain has confirmed a report that its board of directors has undergone a shakeup but has sought to downplay that impact of these changes ahead of the company’s looming initial public offering (IPO). In an emailed statement, Nishant Sharma, Bitmain’s international marketing manager, confirmed to CCN […]

Crypto News

Buterin Denies Report, Isn’t Stepping Back From Ethereum Development

Advertisement Twitter Facebook LinkedIn Vitalik Buterin, the co-creator of Ethereum, has denied reports that he is stepping back from Ethereum development. On November 1, MIT Technology Review released an article entitled “Ethereum founder Vitalik Buterin says his creation can’t succeed unless he takes a step back,” which claimed that Ethereum cannot succeed and achieve true […]

Bitcoin

Bitfinex Attempts To Prove Solvency, Denies Exposure To Noble Bank Woes

Cryptocurrency exchange Bitfinex denied what it called “rumors” and “allegations” about its alleged insolvency on October 7, revealing cold wallet balances in an attempt to prove its financial stability. ‘Bitfinex Is Not Insolvent’ In a blog post, executives hit back at “watchful ‘investigators’” who it says were “eagerly anticipating and predicting the industry’s collapse.” “Bitfinex […]

Crypto News

Fake News? Cryptocurrency Exchange Bitfinex Denies Rumors of Insolvency

Advertisement Responding to longstanding rumors of financial struggles and outright accusations of insolvency, major cryptocurrency exchange Bitfinex has provided a glimpse into its cryptocurrency balance sheet. The exchange, which is registered in the British Virgin Islands but headquartered in Hong Kong, sought to dispel these rumors in a blog post published on Sunday, which included […]

Crypto News

Crypto Exchange Kraken Denies Security Breach and Office Closure in Halifax, Canada

Advertisement Kraken exchange has been forced to comment on a persisting rumor that a Halifax, Canada office of the crypto exchange was shut down following a security breach resulting in the loss of hundreds of jobs. A post on Reddit made by ‘throwaway34032324’ yesterday states: “Kraken Currency exchange in Halifax unit 102 at 60 Highfield […]