In our “Stock” section, we cover news and developments related to traditional financial markets and publicly traded companies. Here you will find information about stock market trends, major companies, and the intersection between stocks, fintech, and cryptocurrencies. Read the “Stock” section on ForkNews to stay informed about movements in the global financial markets.
According to the Japanese publication Nikkei Asian Review, the Japanese Internet company plans to acquire a 40% stake in BitARG Exchange Tokyo next month, intending to open its own exchange using BitARG technology in about a year.
If there was any doubt about the usefulness of cryptocurrency trading, the IG Group report dispels such doubts. IG group, an over-the-counter online brokerage, published its results for the third quarter of fiscal 2018, which ended on February 28.
Contrary to reports from Japanese news outlet Nikkei, Binance has denied that the Japan Financial Services Authority (JFSA) plans to issue a warning requiring the cryptocurrency exchange to close its operations in the country.
If you didn't take advantage of a system glitch on the Coinbase platform, then you missed out on the opportunity to become a cryptocurrency multi-billionaire. Due to a glitch in the settings of smart contracts for Ethereum, users could transfer themselves ether coins in unlimited quantities.
Coincheck will stop servicing Monero, Dash and Zcash due to the fact that working with such anonymous currencies is very risky. The danger is that clients receiving funds in these currencies are almost impossible to recognize. Which is very convenient for money laundering. With currencies like Bitcoin, such occurrences are less likely.
According to a recent study of cryptocurrency exchange performance conducted by Dier, Binance and Bittrex have the best-performing coin listings compared to HitBTC, Huobi and OKEx.
As one of the financial journalists of the New York Times, Nathaniel Popper, learned from Twitter, the largest cryptocurrency platform Bitstamp is in the final stage of sale to South Korean investors. Whether this information is reliable or this is another round of bearish hype is unknown.
Khaleej Times in Dubai reports that the management of the local cryptocurrency exchange managed to catch an employee who stole 800,000 dirhams (about $218,000) from the site’s accounts. The name of the attacker and the name of the exchange have not been disclosed, CCN reports.
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