Bitcoin Exchange Spreads Are Narrowing But Gaps Remain

Bitfinex’s banking challenges seem to be slowly fading into the background. As the exchange makes progress toward providing customers with the ability to make deposits and withdrawals, the spread between bitcoin prices on its order books and the various international exchanges has been on the decline. While the differential between …

Korean Bitcoin Exchange Leads FinTech Consortium with Partner Banks for Blockchain Development

South Korean bitcoin exchange Coinone is leading a FinTech consortium with five financial institutions toward the development of blockchain solutions. Announced this week, Coinone has roped in a handful of financial institutions to jointly develop financial services solutions using blockchain technology. The consortium’s launch sees five members including Woori …

Cryptocurrency Exchange Poloniex Set to Delist 17 Altcoins

Cryptocurrency exchange Poloniex recently announced that it will be delisting 17 altcoins, effective May 2, which saw the price of the coins drop significantly. On Twitter, the U.S.-based cryptocurrency exchange, said: On May 2, 2017, the following will be delisted: BBR, BITS, C2, CURE, HZ, IOC, MYR, NOBL, NSR, …

Bitcoin Exchange Kraken Launches New Fiat Funding Options

Digital currency exchange Kraken is adding support for wire transfers denominated in US dollars and other government-issued currencies. The company disclosed the update in an email to customers this morning. In addition to USD support, Kraken is supporting wire transfer deposits and withdrawals in euros and British pounds. The San …