Kraken to delist Monero for UK customers by the end of November

In an email quoted by Reddit users, Kraken, the world’s eighth-largest cryptocurrency exchange by trading volume, announced it would be delisting privacy coin Monero (XMR) in compliance with regulations in the United Kingdom. The platform will cease all XMR trading activities, set XMR wallets to withdraw-only, and force-liquidate any existing XMR margin positions after Nov. […]

Singapore Ride-Sharing App Lets Customers Pay With Bitcoin

Singapore-based company announced it will be the first ride-hailing service to incorporate bitcoin payments into its own app Ryde, Singapore’s first carpooling app, will now let customers pay for rides with bitcoin.  The company announced Wednesday that it will be the world’s first and only cryptocurrency wallet that allows users to pay for rides using […]

BitPay Launches Prepaid Crypto Mastercard for US Customers

Blockchain payments provider Bitpay has launched a prepaid debit card enabling U.S. customers to spend their crypto holdings as fiat currency. Known as BitPay Card and provided through Mastercard, the offering enables U.S. users to spend bitcoin or other cryptocurrencies in stores accepting Mastercard debit cards globally, according to a June 11 announcement. Claimed as […]

Bitmain’s Power Struggle Takes Toll on Customers as Co-Founder Halts Shipments

Its employees have been forced to choose sides but now Bitmain’s customers are also in the middle of the escalating power struggle at the world’s largest bitcoin miner manufacturer. Chinese crypto media BlockBeats reported on Wednesday that since his return in early June, once-exiled co-founder Micree Zhan has halted a Shenzhen subsidiary of the Beijing-based […]

Sharing Thoughts on Security, OKEx’s Jay Hao Says Customers Come First

Jay Hao, the CEO of the digital asset exchange OKEx, took part in Cointelegraph China HUB, an online interview column, hosted by Vadim Krekotin, co-founder and CEO of Cointelegraph China and Kristina Lucrezia Cornèr, managing editor of Cointelegraph. Hao has recently stated in an AMA that blockchain will eliminate transaction barriers, improve efficiency and ultimately […]

Bitmain to Compensate its Past Customers After Price Cut

Leading cryptocurrency mining application specific integrated circuit (ASIC) producer Bitmain announced the intention to grant a partial refund to the customers that bought its AntMiner S17+ and T17+ before the price cuts. A post published by Bitmain on April 14 announced that customers who purchased AntMiner S17+ and T17+ machines from mid-February to the end […]