Bitcoin
January 16, 2020 BY Mariela Naydenova

Bitstamp and Silvergate Bank launch Bitcoin Collateralized Loans

Bitstamp is a Luxembourg-based crypto exchange that has teamed up with Silvergate Bank for their new product called SEN Leverage. SEN is an abbreviation for Silvergate Exchange Network that allows for 24/7, real-time withdrawal and deposits of US dollars. Silvergate Bank is a California state-chartered bank. Since the launch of the network, some of the largest…

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January 16, 2020 BY Mariela Naydenova

Anchorage starts crypto trading services, acquires Merkle Data

The cryptocurrency custodian company Anchorage has just moved to crypto trading services for its customers, allowing them to trade digital assets directly with vault-stored money. The announcement came on January 15th. Based in San Francisco, Anchorage just acquired the data analytics company Merkle Data. While the amount of the transaction was not disclosed, the move…

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asic warning
January 16, 2020 BY Mariela Naydenova

The first warning about IEOs by the US SEC is out

The SEC has issued its first warning regarding Initial Exchange Offerings (IEOs), potentially decreasing any future interest in cryptocurrency offerings on exchanges. The SEC is urging investors to be careful about any "promises" made in regards to IEOs. This is what the US financial watchdog said to the general public: Claims of new technologies and…

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cryptocurrency
January 16, 2020 BY Mariela Naydenova

Crypto derivatives platform Blade to offer zero-fee crypto trading

The Coinbase-backed crypto derivatives platform Blade has announced on January 15, 2020 that it will offer zero-fee trading for its clients beginning next month. With this service, Blade will become the very first crypto exchange that offers zero-fee trading in bitcoin perpetuals. These perpetuals are contracts with no expiration date that resemble a margin-based spot…

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Kraken
January 16, 2020 BY Mariela Naydenova

Kraken acquires Australian crypto exchange Bit Trade

Kraken, one of the largest US cryptocurrency exchanges is expanding. It has completed the acquisition of one of Australia's first crypto exchanges (launched in 2013) - Bit Trade. The information comes from an official press release sent out by Kraken. According to press, Bit Trade's website will continue to operate in its usual manner since…

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Coinbase crypto exchange expands custodial services in Asia market
January 14, 2020 BY Mariela Naydenova

Coinbase offers nearly $1 million to the Cryptsy victims

Coinbase has recently settled a class-action lawsuit that was filed against the exchange by the victims of the now-extinct cryptocurrency exchange Cryptsy for nearly $1 million. The settlement between the Cryptsy victims and Coinbase was reached in December 2019. The exact amount of the settlement is $962,500 and it will be transferred to an escrow account.…

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bitcoin hacker
January 13, 2020 BY Mariela Naydenova

Hackers in North Korea steal cryptocurrencies through Telegram

The infamous failed ICO of Telegram has sparked controversy in the cryptocurrency industry and how the SEC is involved in regulating the sector. As LeapRate recently reported, after the SEC rejected the GRAM crypto and demanded to see how the raised funds were used by the company, Telegram actually hesitated to give such information to…

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Japan
January 13, 2020 BY Mariela Naydenova

Japan's FSA puts margin trading limits on crypto exchanges

While Japan may be one of the most progressive cryptocurrency countries in the world, recognising digital currencies as official method of payment, the Japanese Financial Services Agency (FSA) is now taking steps to put imminent trading limits on cryptocurrency exchanges in the country. The leverage is to be maxed at twice the deposits of traders.…

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Exclusive interview: The funds industry - Emilio Munoz, Director of Fortage Funds, speaks
January 13, 2020 BY Mariela Naydenova

Exclusive interview: The funds industry - Emilio Munoz, Director of Fortage Funds, speaks

LeapRate Exclusive… Emilio Munoz is the Director and Chairman of the Board at Fortage Funds, a Luxembourg-based investment funds umbrella-platform, distinguished by an open architecture approach, that provides service to HNIs, institutions, intermediaries, and emerging managers stepping into the alternative funds industry. Emilio started his career ten years ago in asset management in the United States at…

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