Exchange

Coinbase will add Ethereum Classic to its exchange ‘in the coming months’
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Coinbase may be one of the most-lauded crypto exchanges, but it supports just four coins right now which is far fewer than most others. That’s about to change a little after it announced plans to add Ethereum Classic (ETC), an alternate version of Ethereum, to its service “in the coming months.” Ethereum Classic was created in […]

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Bitcoin value dips in wake of South Korean exchange hack     – CNET
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A South Korean cryptocurrency exchange was hacked on Sunday.

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Crypto exchange Coincheck, still recovering from $400M hack, sold to online brokerage
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Japanese crypto exchange Coincheck, made famously after hackers made off with more than $400 million in digital token NEM, has been acquired. The company announced today (in Japanese) that Tokyo-based online brokerage Monex Group will buy it in full. The transaction will see Coincheck become a wholly owned subsidiary of Monex. The deal is a reaction of the […]

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SEC cools traders’ hot plans for cryptocurrency-based exchange traded funds
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 The U.S. Securities and Exchange Commission has serious concerns about the securities industry’s plans to create exchange traded funds around cryptocurrency. In a strongly worded letter to the heads of the Securities Industry and Financial Markets Association and the Investment Company Institute, the director of the division of investment management, Dalia Blass said that there […]

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Bitcoin exchange NiceHash loses millions to hackers     – CNET
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The exchange marketplace loses its virtual wallet in a breach, which some reports say contained more than $60 million in cryptocurrency.

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Confirmed: Korean crypto exchange Korbit sold to Nexon parent for $80M
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 The parent company of games giant Nexon has confirmed that it acquired Korea’s second largest cryptocurrency exchange, Korbit, in a deal that values it at just over $120 million. A spokesperson from NXC, the corporation which owns $11.5 billion-valued Nexon, confirmed to TechCrunch that it paid 91.3 billion KRW (approximately $79.5 million) for 65.19 percent of […]

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Bitcoin Exchange Coinbase Reportedly Valued At $1 Billion
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An anonymous reader quotes Reuters: Bitcoin exchange Coinbase Inc. is in talks with potential investors on a new round of funding at a valuation of more than $1 billion, the Wall Street Journal reported on Friday. It is not clear which investors are committing to the round, which was described as targeting around $100 million […]

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Galaxy Note 7 airport exchange program goes international     – CNET
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The exchange booths first appeared in South Korea to let travellers switch out their recalled Note 7 before flying, and now they’re spreading around the world.

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PayPal will share data, plug Visa in exchange for wider terminal acceptance
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(credit: André-Pierre du Plessis) On Thursday, Visa and PayPal announced a new partnership designed to push Visa cardholders to link their credit and debit cards to their PayPal and Venmo accounts, eschewing the bank-owned Automated Clearing House (ACH) network that PayPal has long preferred to work with. PayPal makes more money off ACH-based transactions because […]

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