Initial Exchange Offerings: The Benefits and Limitations

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Initial Exchange Offerings: The Benefits and Limitations
In this article, we want to in-depth explain the benefits of IEO for your business and its limitation. Nonetheless, to give ultimate tips on how to run a profitable IEO project.
Initial Exchange Offerings: The Benefits and Limitations

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Source: CoinSpeaker

Huobi Announces the Lauch of Its Fully Regulated OTC Desk

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Huobi Announces the Lauch of Its Fully Regulated OTC Desk
The newly introduced fully regulated Huobi OTC Desk is targeted at high net worth individuals and institutional investors.
Huobi Announces the Lauch of Its Fully Regulated OTC Desk

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Source: CoinSpeaker

CoinMarketCap Forms New Alliance, Announces Stricter Listing Policy

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CoinMarketCap Forms New Alliance, Announces Stricter Listing Policy
CoinMarketCap Data Accountability and Transparency Alliance has already been joined by Binance, Bittrex, OKEx, Huobi, Liquid, UpBit, IDEX, OceanEX, Gate.io, KuCoin, HitBTC and Bitfinex.
CoinMarketCap Forms New Alliance, Announces Stricter Listing Policy

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Source: CoinSpeaker

3000 Attendees Gathered at Blockchain Life Forum in Singapore

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3000 Attendees Gathered at Blockchain Life Forum in Singapore
Blockchain Life 2019 Asia is one of the most famous and important events in the blockchain industry.
3000 Attendees Gathered at Blockchain Life Forum in Singapore

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Source: CoinSpeaker

Cryptocurrency Exchanges, Huobi and Fisco Raided By Japanese Financial Services Agency (FSA)

Japanese Financial Regulator, the Financial Services Agency (FSA) have reportedly, conducted raids at two Cryptocurrency Exchange offices in Japan. Reportedly, the two exchanges “underwent major changes to management structures” which were brought to an investigation by the FSA.
Huobi Japan Inc., a Singapore based Exchange from China and Fisco cryptocurrency Inc., Minato-ku-based Exchange were the two firms put under surveillance.
According to a press release from Reuters,
“The FSA investigations were designed to ensure appropriate measures have been implemented for customer protection and legal compliance after the management changes, the sources said.”
Furthermore, the sources remained anonymous as they are not authorized to speak to the media. Huobi Japan Inc. was established under its parent company based out of Singapore after it acquired the Government registered, BitTrade Exchange.
Fisco is a financial services provider in Japan that deals in equity, foreign exchange, bonds, and commodities markets. It acquired Government registered Zaif Exchange to enter into cryptocurrencies in 2016.
The Japanese Regulators have so far brought a total of 123 companies under its surveillance that deals in cryptocurrencies; Japan is one of the first developed countries to regulate Cryptocurrency Exchanges.  The Exchanges are required to register with the Government and comply with the rules of customer protection and legal formalities laid down by the Government.
Also Read: Japan to Launch Blockchain Payment Experiment for Tokyo 2020 Olympics
Hence, the raids carried out by the FSA were to ensure that the regulatory compliances have been followed at the two Exchanges after management changes. Furthermore, Japanese banks are the forerunners of the institutions that plan to integrate Blockchain and cryptocurrency in the current financial system.
Do you think that the raids call for an ominous tiding or it was just a routine check? Please share relevant details with us.  
The post Cryptocurrency Exchanges, Huobi and Fisco Raided By Japanese Financial Services Agency (FSA) appeared first on Coingape.
Source: CoinGape

Tron Launched Its Version of USDT Predicting Massive Bull Run

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Tron Launched Its Version of USDT Predicting Massive Bull Run
Tether issued USD-pegged stablecoin USDT on TRON blockchainm like an upgrade from the OMNI protocol based USDT, which now allows to hold and transfer via smart contract on TRON both with a completely free and transparent process.
Tron Launched Its Version of USDT Predicting Massive Bull Run

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Source: CoinSpeaker

Huobi OTC Platform Launches VISA and Master Card Deposit Service

Huobi, the largest cryptocurrency exchange has announced that its Peer-to-peer trading platform or Over the counter trading platform (OTC) is enabling credit card deposit service. The platform is now supporting both VISA and Master Card after signing a new partnership with Simplex payment processing venture.
Huobi OTC Partnered with Simplex
Per the reports, the platform has tied up with Simplex, the platform which is already serving credit card services to Binance users. Nevertheless, Simplex is EU licensed financial institution which will enable Huobi OTC users to purchase supported cryptocurrencies (including Bitcoin, Ethereum, Litecoin, and XRP) using their debit and credit cards.
Moreover, according to the press release, Simplex supports daily deposits of $20k and $50k monthly with an average fee of around 3.5%. However, fees may vary – wherein its minimum fee for transactions count $10.
Concerning the partnership with Simplex, Ross Zhang, Head of Marketing for Huobi Group says that;
“Partnering with Simplex will allow us to significantly minimize the obstacles our customers face – something we are always interested in,”
Beside Huobi exchange, Simplex is already offering parallel services to Liquid exchange and Trad.io. Credit card accessibility across cryptocurrency platform is certainly enhancing users experience as well as boost the usability of various cryptocurrencies. Similar to Zhang, Simplex Co-founder and CEO, Nimrod Lehavi commented on the partnership with Huobi OTC platform. He says that;
“We’re thrilled to partner up with Huobi and together enable a much better, fast, and easy experience.”
Although credit card for crypto looks pretty cool but at the same time, it doesn’t serve the countries where regulations around crypto are uncertain. Indeed, it marks a potential adoption of crypto among the countries that quickly opens up the door to innovations like crypto & blockchain.
So readers, what’s your stake on Huobi OTC platform offering credit card services on crypto purchases? Let us know in the comment below
Image source – Huobi official
The post Huobi OTC Platform Launches VISA and Master Card Deposit Service appeared first on Coingape.
Source: CoinGape

Initial Exchange Offerings: 3 Upcoming Projects to Watch Right Now

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Initial Exchange Offerings: 3 Upcoming Projects to Watch Right Now
As IEOs are becoming more and more prevalent holding the potential of replacing ICOs as the most popular fundraising model, you might ask “which are the ones worth watching?”. Here’re three IEO projects you should keep an eye on right now.
Initial Exchange Offerings: 3 Upcoming Projects to Watch Right Now

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Source: CoinSpeaker

Newton Project Set to Open Global Economy for Everyone

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Newton Project Set to Open Global Economy for Everyone
The Newton project is building the community economy that will provide everyone with opportunities to get benefits from economic growth.
Newton Project Set to Open Global Economy for Everyone

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Source: CoinSpeaker

On April 23-24 Binance and Huobi Speak at Blockchain Life 2019 in Singapore

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On April 23-24 Binance and Huobi Speak at Blockchain Life 2019 in Singapore
The global forum Blockchain Life 2019 brings together more than 3000 participants from 70+ countries.
On April 23-24 Binance and Huobi Speak at Blockchain Life 2019 in Singapore

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Source: CoinSpeaker

Dogecoin [DOGE] – Huobi Exchange Listed Elon Musk’s Favorite Cryptocurrency

Dogecoin (DOGE) is gaining a massive interest from exchanges like Huobi. The meme-coin has recently been famous as Elon Musk’s favorite cryptocurrency which might have influenced Huobi exchange to list it on its trading platform. At the moment, the coin has jumped from its 24th position to 23rd position.
Elon Musk’s move of updating his bio as ‘former CEO of Dogecoin’ have got the mainstream attention – moreover, his love for Dogecoin (DOGE) has soared the value of coin within a couple of hours. Although the present value of Dogecoin is declined with 8.46% over the past 24 hours, its leap in terms of market capitalization is quite remarkable. Per the Coinmarketcap (CMC), DOGE is presently the 23rd largest cryptocurrency after defeating VeChain from its 24th position.

Huobi Global Launched Dogecoin (DOGE)
Announced on April 04, 2019, Huobi global is offering DOGE trading in multiple pairs including DOGE/USDT, DOGE/BTC, and DOGE/ETH. DOGEcoin deposit began from April 4, 9:00, 2019 (GMT+8) whereas withdrawals made available from 17:00, April 4, 2019 (GMT+8).

To celebrate Dogecoin listing, Huobi exchange announced the giveaway on top of deposit and trading of newly listed crypto. It says ‘Deposit & trade to win your share of 10M dogecoins’. Per the report, the double campaign (deposit and trading) rolled out from April 04 and will lapse on April 14 (GMT+8). Accordingly, the deposit campaign contains 6 million DOGE whereas trading campaign involves 4 million DOGE.
To participate and win, one must have verified account at Huobi Global exchange. The blog reads that;
During the promotion, any verified users who deposit DOGE to Huobi Global can share 6 million DOGE in total proportionate to their DOGE net deposit volume (DOGE net deposit volume = DOGE deposit volume – DOGE withdrawal volume).
During the promotion, any verified users who trade DOGE on Huobi Global can share 4 million DOGE in total proportionate to their DOGE trading volume (trading volume = buying + selling volume, excluding self-trading volume).
What do you think of Huobi’s interest in listing DOGE Coin? Let us know in the comment section below.
The post Dogecoin [DOGE] – Huobi Exchange Listed Elon Musk’s Favorite Cryptocurrency appeared first on Coingape.
Source: CoinGape

Crypto Market Wrap: Bitcoin Cash and Litecoin Keeping Markets Pumped

Crypto markets remain buoyant; Bitcoin Cash and Litecoin ripping it at the moment, Dogecoin gets a new listing.
Market Wrap
The major pullback that was expected after such a huge rally has not materialized just yet. Crypto markets are still holding gains made this week and a couple of higher cap altcoins are pushing even further. Total market capitalization has remained above $170 billion and momentum continues to build slowly this Thursday.
Bitcoin is holding steady but has corrected a little after reaching an intraday high of $5,300 a few hours ago. Volume remains high at $22 billion and BTC has traded above $5k for the best part of the last 24 hours. It is currently up 2% on the same time yesterday, trading at $5,030 according to CMC.
Ethereum has pulled back a little dropping under $165 again as buying pressure cools for the world’s second largest crypto asset. Ethereum has pretty much missed out during this entire market rally as it has only made 15% whereas many of the others have made double that. XRP is also dropping back marginally and has also been comparatively weak this week with a gain of just 10%.
There are two altcoins dominating the top ten at the moment with double digit gains for the third day in a row. Bitcoin Cash is crushing it with a double flippening over EOS and LTC to take fourth spot in terms of market cap. BCH has added a further 21% on the day to reach $310 – its total gain this week has been an epic 82%. Litecoin is the other big mover today, and all week, with a 24 hour gain of 10% as LTC closes in on $90. The combined volume for these two alone is over $10 billion.
None of the others have moved much today aside from EOS and Cardano adding a couple of percent. The top twenty sees Bitcoin SV, NEO and Ontology leading the pack with gains of 5 to 6 percent on the day. Tron, Tezos and NEM have pulled back 3 to 4 percent.
FOMO: Dogecoin Driven by Huobi
Today’s top one hundred top performer is Dogecoin with a jump of 25%. The crypto clown started to climb a few days ago following a manipulated April Fools pump. DOGE is now up to 77 satoshis, a jump of 54% this week against Bitcoin. A listing on Huobi has initiated today’s fomo pump;

It's official: Huobi Global lets the #dogecoin out!Deposit your Dogecoin ( $DOGE) now!Details here: https://t.co/uD2q4Uo04o@dogecoin @ummjackson @elonmusk #HAPPENINGNOW #cryptocurrency #HuobiGlobal pic.twitter.com/lwtPNQYuYN
— HuobiGlobal (@HuobiGlobal) April 4, 2019

Reddcoin and IOST are both doing well today with 20% pumps and REPO is close behind. A massive dump is going on at Maximine Coin as it sheds over 65% following a botched up fork and failure of exchanges to carry out wallet upgrades. KuCoin Shares are also in pain losing 18% today.
Total market capitalization 24 hours. Coinmarketcap.com
Total market capitalization hit another 2019 high a few hours ago of $185 billion. It has since corrected to $175 billion but is still up on yesterday’s levels by 2.3%. Volume remains at record levels over $80 billion and the momentum is largely being driven by Bitcoin Cash and Litecoin at the moment. Despite Bitcoin’s big pump its market dominance remains at 50.7%.
Market Wrap is a section that takes a daily look at the top cryptocurrencies during the current trading session and analyses the best-performing ones, looking for trends and possible fundamentals.
The post Crypto Market Wrap: Bitcoin Cash and Litecoin Keeping Markets Pumped appeared first on NewsBTC.
Source: New feedNewsBTC.com

Crypto Exchange Bithumb Hacked for $19M EOS By the Insider

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Crypto Exchange Bithumb Hacked for $19M EOS By the Insider
South Korean crypto exchange Bithumb was hacked last night for three million EOS ($13 million) and the exchange believes it was compromised by its own employees.
Crypto Exchange Bithumb Hacked for $19M EOS By the Insider

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Source: CoinSpeaker

Huobi’s US Branch Forms New Team to Further Push Institutional Products Development

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Huobi’s US Branch Forms New Team to Further Push Institutional Products Development
Huobi’s branch HBUS will focus on introducing new services for institutional investors, such as token lending, over-the-counter (OTC) trading, and even issuing its own stablecoin. 
Huobi’s US Branch Forms New Team to Further Push Institutional Products Development

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Source: CoinSpeaker

OKEx Follows the Lead of Binance Planning to Launch Its Own Decentralized Exchange

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OKEx Follows the Lead of Binance Planning to Launch Its Own Decentralized Exchange
OKEx plans to catch up with Binance by scheduling the launch of its in-house decentralized exchange, DEX, for this June. The DEX will run entirely on OKEx’s own blockchain.
OKEx Follows the Lead of Binance Planning to Launch Its Own Decentralized Exchange

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Source: CoinSpeaker