‘Decentralized’ Exchange IDEX to Introduce Full KYC

IDEX, the world’s most popular decentralized exchange, is to transition to a full verification model. The move comes days after the platform began excluding residents of New York State as part of its compliance efforts. Its latest measure, described by IDEX as “pragmatic decentralization” has drawn ire from a segment of the cryptocurrency community. Also … Read more

The US Is Sending Money Offshore by Bumbling Crypto Regulation

Regulation is still a contentious subject that splits the crypto community down the middle. But after all the abuses witnessed to date, it’s hard to swallow the argument that the industry needs no regulating at all. That it will stifle innovation and kill off the beautiful utopia created by… hacks and scams and investors getting … Read more

An In-Depth Look at the Keepkey Cryptocurrency Hardware Wallet

Keeping cryptocurrencies safe is a fundamental part of participating in the digital economy, and hardware wallets have become popular security solutions. These days there is a slew of devices on the market, each with its own options and features. One of these is the Keepkey wallet, a product that’s been well received by digital currency … Read more

Bitcoin.com Wallet Will No Longer Feature the Shapeshift Service

This week we wanted to let our wallet users know that we are sunsetting the Shapeshift API in the Bitcoin.com Wallet. The trading platform Shapeshift has decided to change the firm’s business model to a membership platform that requires the user to submit ID/KYC information.  Also read: Bitcoin Cash Games — Play Your Favorites Faster With … Read more

Shapeshift CEO Responds to Wall Street Journal Laundering Claims

Reporters at the Wall Street Journal (WSJ) tied innovative ecosystem cryptocurrency exchange Shapeshift to money laundering. “How Dirty Money Disappears Into the Black Hole of Cryptocurrency,” was its published product from months of investigative journalism. The company’s CEO, Erik Voorhees, claims cooperation with the WSJ was obtained “under false pretenses.” He also charges the WSJ … Read more

The Daily: Blockchain.com Launches OTC Trading Desk, Shapeshift Relaunches Coincap

Wallet provider Blockchain.com has created an OTC trading desk as part of its efforts to cater to institutional investors. Also in The Daily this Sunday, Shapeshift launches the redesigned Coincap tracker, Kraken lists Cardano and Qtum, and Compound offers its users the option to short cryptocurrencies. Also read: Fiat vs Crypto Laundering, Bitcoin Anniversary Cash-Ins … Read more

The Daily: Fiat vs Crypto Laundering, Bitcoin Anniversary Cash-Ins

Welcome to another weekend filled with tales of cryptocurrency intrigue. From shameless Bitcoin anniversary cash-ins to exaggerated claims of crypto money laundering, the Saturday edition of The Daily covers the good, the bad, and the greedy. Also read: Popular Bitcoin Wallet Samourai Ditches All Government Currencies Shapeshift CEO Hits Back at Money Laundering Claims After a … Read more