After having about $290 million locked at Digital Currency Group, Bitvavo decided to prefund the assets on its own and is now looking for full repayment.
Category: Cryptocurrency
Hong Kong watchdog aims to restrict retail traders to liquid products
When asked about Bitcoin or Ether, SFC executive Julia Leung Fung-yee did not respond but reiterated that “highly liquid” products will be allowed.
WazirX releases proof of reserves with majority of funds in Binance wallets
The cryptocurrency exchange released its proof of reserves and proclaimed it to be India’s largest exchange both in volume and reserve funds.
DCG chief Barry Silbert pens letter to shareholders, community reacts
Barry Silbert’s letter to shareholders came just hours after Cameron Winklevoss wrote an open letter accusing him of defrauding customers.
Coinbase to close majority of Japan operations following global layoffs: Report
Vice President of International and Business Development, Nana Murugesan, said that the firm decided to “wind down” the majority of its operations in Japan.