Exchange

SEC cools traders’ hot plans for cryptocurrency-based exchange traded funds
bumn-news.com

 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 […]

5
Like
Save
Bitcoin exchange NiceHash loses millions to hackers     – CNET
bumn-news.com

The exchange marketplace loses its virtual wallet in a breach, which some reports say contained more than $60 million in cryptocurrency.

4
Like
Save
Confirmed: Korean crypto exchange Korbit sold to Nexon parent for $80M
bumn-news.com

 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 […]

5
Like
Save
Bitcoin Exchange Coinbase Reportedly Valued At $1 Billion
bumn-news.com

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 […]

9
Like
Save
Galaxy Note 7 airport exchange program goes international     – CNET
bumn-news.com

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.

10
Like
Save
PayPal will share data, plug Visa in exchange for wider terminal acceptance
bumn-news.com

(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 […]

6
Like
Save
Flipkart Announces India’s First Online ‘Watch Exchange’
bumn-news.com

Flipkart, the largest e­commerce marketplace, introduced India’sfirst­ever online exchange program for watches. This first­of­its­kind initiative is in partnershipwith leading watch brand Fossil and Goonj. The watches that are received through thisexchange program will be contributed to Goonj—an award winning voluntary organization in India. Once the sale is over, the watches will be distributed by Goonj […]

5
Like
Save
Microsoft Exchange Server 2016 Is Shipping
bumn-news.com

jones_supa writes: Microsoft’s mail and calendar server package Exchange Server 2016 is being refreshed and is now out of preview, along with the 2016 revamp for other Office products. The new Exchange tries to simplify the software’s architecture while still adding new features and working better with other Office products. You can now use links […]

10
Like
Save
CurrencyFair's new money exchange app offers lower rates …
bumn-news.com

Some of the app's features include securely allowing users to take a photo and store copies of their ID and quick money transfers in various currencies. All exchanges on the app will be done using the live currency exchange …

4
Like
Save