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.
Last month, the Bittrex exchange published its new terms of service, which will take effect on March 9, 2018.
This week, local Japanese news outlets report that class-action lawsuits have been filed against the Coincheck platform, which was hit by a hack that resulted in the theft of $530 million worth of NEM cryptocurrency.
The department proposes to create a special cryptocurrency exchange where miners could exchange digital currency for fiat currency, Interfax writes, citing Anton Kozyrev, Deputy Minister of Communications of the Russian Federation.
Israel's Supreme Court has ruled in favor of local cryptocurrency exchange Bits of Gold, issuing a temporary order prohibiting Israel's second-largest bank, Leumi Bank, from blocking the Bits of Gold exchange's transactions or bank accounts.
Boston-based Circle is buying one of the largest exchanges in North America, making it a serious competitor to Coinbase, Bittrex and Kraken. According to Fortune journalists, the transaction amount is $400 million.
On February 23, the American exchange Coinbase sent out notifications to 13 thousand users that their data would be transferred to the US Tax Service (IRS). IRS officials asked Coinbase back in July last year to hand over information about 500,000 users in order to find tax evaders. At the end of autumn 2017, the exchange received a court order in which the Tax Service asked to provide data for 14,000 clients instead of half a million.
In the “support” section on the official website of the platform, information was published about restrictions on services based on the location of clients, which will come into force on March 9 of this year.
A computer error on Japanese cryptocurrency exchange Zaif allowed some customers to receive digital tokens for $0. This has raised questions about the security of cryptocurrency exchanges.
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