CoinEx news

Established in 2017, Hong Kong. No. of pairs - 43. Centralized exchange. KYC & Restrictions - yes.

World latest news

ViaBTC, CoinEX Founder Haipo Yang Officially Released from Chinese Prison After Months of Rumors

Haipo Yang is responsible for founding both CoinEX and ViaBTC, but his time in the media lately has been discussing him for another reason. He seemed to disappear off the radar several months ago, leading many people to speculate what became of him. However, CoinSpice discovered that he has been arrested and imprisoned in China for at least two and a half months. The founder was just released from the prison this morning. The last time anyone had actually heard from Haipo Yang was in October last year, though the news that he was imprisoned was originally broken by Jane Wang. At the time, the reports that he was arrested were denied, and the only information for anyone in the industry to go off of was the vague tweets and the lack of transactions on CoinEX. So far, there is not much certainty about the reasons for the arrest, detainment, or even the release. In early November, Ms. Wang said, “The rumor first appeared in a private WeChat group called ‘Real China Power’ by Chinese blockchain executive Elly Zhang (@cryptovenus), saying that Mr. Haipo Yang had been arrested and was under control at Nantou Police Station in Shenzhen.” Additional speculation about the arrest says that a pending initial coin offering (ICO) could’ve been brought to the attention of the authorities. This would explain the need to question Yang about the actions in China, considering their ban against crypto activities, apart from a few miniscule exceptions. Now, it looks like Yang’s first court of action is to become active on Twitter again. So far, the only thing he has posted is a reposted tweet from Roger Ver, which links to a CoinSpice article titled, “Lightning Network Vs. Bitcoin Cash: Onboarding, Spending, Reliability.”
Bitcoin Exchange Guide

Is CoinEx And ViaBTC CEO Haipo Yang Under Arrest In China? Radio Silence Sparks New Fears

A member of the Chinese internet community has reported that, Haipo Yang, the founder of both ViaBTC and CoinEx has been subject to arrest on October 30th. Later on, the CoinEx Telegram group administrator responded directly to these allegations, claiming that they were ‘purely fictitious'. It was during that evening, however, that Haipo Yang's Twitter account forwarded the news and laconically commented ‘interesting'. A few days later, a number of CoinEx users revealed that they were having issues with withdrawing tokens from their accounts, with some token withdrawals not being received for more than 24 hours. While Yang's Twitter account replied to the allegation, there has been no legitimate response from either of these organizations, we he arrested? According to updates from November, there have been confirmations that CoinEx is still processing BTC withdrawals and users are still receiving them. BCH withdrawals, on the other hand, have been seeing an increased level of slowing and stalling. Yang Disappears – Arrest Rumors Spread Where did this rumor first emerge? It happened on a private WeChat group called ‘Real China Power' which was hosted by the Chinese blockchain executive Elly Zhang. Zhang stated that Mr. Haipo Yang had since been arrested and was under the jurisdiction of the Nantou Police Station in Shenzhen. The chat was then screenshotted by Bitcoin Gold founder Jack Liao — who is known to have long-term personal and business issues with Yang and Bitmain CEO Jihan Wu. Liao made sure to post the screenshot on his Weibo and WeChat moment, and soon thereafter, it began to rapidly spread within the Chinese crypto community. Link To ICO Plans? Sometime in October 2018, a user of Sina Weibo alleged that someone had reported CoinEx to the Shenzhen financial office, and mentioned that the investigation could be related to the ICO of both ViaBTC and CoinEx, Yang being the CEO of both organizations. Along with this, there are reportedly screenshots of a conversation in the CoinEx internal group, which claimed that it wouldn't be illegal to perform an ICO ‘under the table'. Haipo Yang’s companies are established in China, and he also holds a Chinese passport. It’s widely known that ICO activity has been banned in China since September 2017. source: Sina Weibo No Comment From The ShenZhen Police Force In order to try and confirm a number of these rumors, individuals have attempted to contact the Nantou police station in Shenzhen. The results were not exactly what journalists were hoping to hear, however, as a representative said that they would not disclose any private information unless the party's family members inquired, or were requested to do so by their immediate superior. Attempts to communicate directly with Yang and Sara Ouyang, the COO of ViaBTC have proven useless, as their phones were switched off. As a result, there's no direct way to get in touch with those parties directly involved in this affair, meaning that there's no way to effectively confirm or deny any of the rumors or outstanding allegations, whatever they may be. The silence, however, could also be a sign — in most cases like this, an exchange would likely want to reassure users as soon as possible that all was well.
Bitcoin Exchange Guide

Bitcoin Cash Coins (BCH and BSV) Can Now Be Withdrawn On Coinex Exchange

It’s been over 10 days since the Bitcoin Cash hard fork and exchanges have finally decided that the offsprings of the previous BCH, now known as BSV and BCH (BCHABC is being called BCH) are now stable enough for withdrawal. Coinex becomes one of the first exchange to offer the withdrawals of BCH and BSV. Up till now, they were considering technical evaluations and tests which has now been passed. Notably, they are one of the few exchanges who agree to divide the tokens for users who send them as unsplit, pre-fork BCH coins. Founded in December 2017, CoinEx is a global and professional digital coin exchange service provider. CoinEx core team is from world leading internet and finance companies, including the earliest adopters/professionals of cryptocurrency who boast rich experience in R&D, global operations and services in the industry. With its proprietary trade matching system and excellent user experience, the exchange is dedicated to building a highly secure, stable and efficient digital coin exchange for global users. It supports multiple languages and provides trading services in about 100 locations around the world. Although CoinEx has published the following reminder on their announcement: “The prices of BCH and BCHSV may fluctuate drastically after the fork. Please evaluate and invest wisely based on your risk tolerance and financial resources.”
Bitcoin Exchange Guide

Reddit Turns Ugly Over Alleged “CoinEx Exchange Scam” Regarding Bitcoin Cash Fork Withdrawals

Reddit Turns Ugly Over Alleged “CoinEx Exchange Scam” Regarding Withdrawals During Bitcoin Cash Fork Reddit is a place where anyone can have a conversation about an issue that is plaguing them, making them a perfect place to elaborate on qualms that investors have in the cryptocurrency market. Recently, a Redditor named “LayingWaste” created a post over anger regarding a recent request from CoinEx, regarding the hard fork. In preparation for the hard fork, CoinEx published a statement in September on their official website, saying, “To avoid unnecessary asset loss, CoinEx recommends all users to deposit their BCH assets to CoinEx before the potential forking. We will provide 100% protection for your assets and please be assured that you will receive the forked asset of BSV as promised.” The Redditor included items reposted by CoinEx from other users, like Jihan Wu and Roger Ver, who seem to have a positive impression of the exchange. The user, however, has a much different view. He explains, “Whats the issue you ask? well aside from the CET scam pump and dump that anyone can see on the charts , they are encouraging people to deposit BCH and BSV. While simultaneously NOT ALLOWING US TO WITHDRAW. CoinEx exchange should simply NOT ALLOW BCH OR BSV DEPOSITS IF THEY WILL NOT ALLOW YOU TO WITHDRAW THEM.” LayingWaste goes on, commenting that this restriction against withdrawal is theft. He even alleges, “It is common knowledge CoinEx is suppressing BSV price and upping ABC price while using our coins to arbitrage other exchanges for profit.” He added that CoinEx is providing no communication on their part. Now, there’s no proof that there’s any kind of manipulation on CoinEx’s part, and there are plenty of Redditors that have either completely disagreed with him or have found this to be a personal problem. Realistically, multiple cryptocurrency platforms had decided to restrict withdrawals during the fork, which was largely due to the need to find a dominant blockchain to absorb into the other. Coinbase, Poloniex, Binance, and others chose to wait for all of the blocks to post, but this Redditor is zeroed in on CoinEx. At this point, it’s important to note that his expressive message on Reddit was only posted today, despite the fact that CoinEx followed up only a few days ago to let consumers know that deposits are open again, but the withdrawals will not be processed until “these chains are stabilized.” The post was five days ago, but there has not been a blockchain deemed to be the dominant one yet. Users on the website are entirely in control of whether they deposit or not on CoinEx. In the meantime, investors have the option of either watching the company’s official website for announcements or following along on Twitter.
Bitcoin Exchange Guide

You Can Now Withdraw Split BCH and BSV Coins From Coinex Exchange

Withdrawals for both bitcoin cash (BCH) and bitcoin SV (BSV) are now open on the Coinex exchange, providing an easy way for BCH holders to split the two cryptocurrencies, which separated off from each other following the recent hard fork.  Also Read: Universities in New York, Tokyo and Luxembourg Support Crypto Development Coinex Opens BCH and BSV Withdrawals Coinex has announced that BCH and BSV withdrawals are now available on the platform. The company said this was done following “technical evaluation and testing,” but caution is still advised. The Hong Kong-based cryptocurrency exchange is one of the few platforms to promise to split the two tokens for customers who send them as unsplit, pre-fork BCH coins. It has provided an easy option for anyone who wants to separate the coins and withdraw them to different wallets. Coinex was founded in December 2017 and counts mining giant Bitmain among its investors. The exchange offers a wide range of crypto assets to be traded against BCH, bitcoin core (BTC), ether (ETH) and a couple of USD-pegged stablecoins. It has a native token, CET, which can be traded as well. Market makers are not charged fees, while market takers pay a somewhat low 0.10 percent on trades. Coinex also processes over-the-counter trades and offers referral rewards. It supports multiple languages and provides trading services in about 100 locations around the world. If you are looking for other ways to split your coins, possibly without going through an exchange, check out news.Bitcoin.com’s recently published DIY guide. What should Bitcoin Cash users do with their BSV coins? Share your thoughts in the comments section below. Images courtesy of Shutterstock. Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH and other coins, on our market charts at Satoshi’s Pulse, another original and free service from Bitcoin.com. The post You Can Now Withdraw Split BCH and BSV Coins From Coinex Exchange appeared first on Bitcoin News.
Bitcoin News
More news sources

CoinEx news by Finrazor

DIGEST

This week, Redditors not only followed the jumps of the rates, but also discussed such sign events as: Roger Ver talks about US Government, BCH founder tries to convey the importance of Bitcoin Cash, more businesses are switching to accepting cryptocurrencies, Fidelity takes a step forward… All that hot threads you can read in our Reddit-digest

Read more

Trending

Hot news

Hot world news

Billionaire Elon Musk Lauds Bitcoin As “Quite Brilliant,” Why Isn’t Tesla Going Crypto?

While Elon Musk has yet to formally delve into the Bitcoin space, he has long been a fabled member of the crypto community. Since finding his way to the headlines of the world’s media, the Tesla chief executive’s pro-innovation mindset has struck a chord with many enamored with cryptocurrencies. In fact, some say that Musk’s unsaid raison d’etre of bettering society at large, especially by amending the world’s most harrowing issues (climate change, confinement on Earth, financial inequality), lines up with the goals held by many cryptocurrency insiders. Thus, some have even argued that Musk could be Satoshi Nakamoto. Sahil Gupta, a former intern at Musk’s second multi-billion dollar enterprise SpaceX, once infamously claimed that Musk’s brief mentionings of cryptography, economics, the C++ computing language, along with the entrepreneur overarching vision scream Satoshi. The South African-Canadian entrepreneur has done his best to keep his mouth zipped regarding his candidacy for the Satoshi title, but that hasn’t stopped him from talking about cryptocurrencies. We had @elonmusk on the latest episode of @ARKInvest's podcast! He had a few things to say about Bitcoin. "Paper money is going away and cryptocurrency is a far better way to transfer value than pieces of paper." – Elon Muskhttps://t.co/U5qOnM7nBo — Yassine Elmandjra (@yassineARK) February 19, 2019 Bitcoin Is “Quite Brilliant” While the crypto market has remained in a depressed state, save for Monday’s jaw-dropping rally, stars have begun to descend on this industry. Weeks ago, NewsBTC reported that a mass of celebrities, including the Spice Girl’s Mel B, Johnny Depp, Madonna, and Lionel Messi, had some involvement in cryptocurrency. More recently, Jack Dorsey of both Twitter and Square took to Joe Rogan to claim that the native currency of the Internet is likely to be Bitcoin. Related Reading: Twitter CEO Loves Lightning on Bitcoin: is it the Future of Fast, Instant Payments? And just on Tuesday, Elon Musk, the most well-known Silicon Valley guru, took to the New York-based ARK Invest’s “FYI” Podcast to touch on Tesla’s plans, autonomy, other innovations, such as crypto. Per The Block, who compiled his comments regarding cryptocurrencies, Musk made his comments with explicitly bullish tones. After discussing Tesla’s most recent advancements, the hosts of the podcast, the CEO and an analyst at ARK, a disruptive innovation-centric investment group, took a brief aside. They asked Musk if he agrees with Dorsey’s recent comments on Bitcoin and cryptocurrencies at large. Interestingly, Musk responded with an answer, albeit somewhat cursory. He tacitly agreed, noting that the “Bitcoin structure was (is) quite brilliant,” adding that Ethereum and “maybe some of the others” have merit too. Musk did admit that he isn’t too enamored with Bitcoin’s Proof of Work (PoW) consensus mechanism, noting that it is energy intensive. Yet, he explained that fundamentally, crypto assets are great as they bypass currency controls, especially in nations embroiled in financial and political turmoil, like Venezuela. He added that cryptocurrencies are also a “far better way to transfer value than pieces of paper,” subsequently quipping that he’s sure of this “without a doubt.” In spite of all this, he made it clear that Tesla isn’t going to foray into the crypto space in any capacity, noting that it would be a good use of his firm’s resources to prop up an offering. Musk’s abrash comments quickly elicited responses from each and every corner of the crypto space. Matt Odell, a long-time pro-Bitcoin coder and industry personality, joked that the comments “confirmed” his bias that cryptocurrencies could oust banknotes. Changpeng “CZ” Zhao of Binance noted that eventually, “[Musk] will join the brotherhood,” adding that he is unequivocally sure that the businessman will take up a crypto mantle. CZ notably called on the Tesla founder to take up the Lightning Network Trust Chain torch last week, just days after Twitter’s Dorsey openly lauded Bitcoin in dozens of tweets. Crypto Is Better Than Banknotes? While Musk made notable acknowledgments in his brief appearance on ARK’s “FYI,” what stood out to many crypto investors was his thoughts on the dichotomy between banknotes & physical cash, and crypto assets, not centralized e-money. For a brief recap, Musk simply stated that he is unequivocally sure that crypto, whether it be Bitcoin, Ethereum, or otherwise, is a “far better” medium of exchange than pieces of paper. Shocking, right? This may be deemed hearsay by pundits of the legacy world, but the world is already adopting digital mediums of exchange. Per previous reports from this outlet, Arthur Hayes of BitMEX took to his company blog to claim that platforms like WeChat Pay and AliPay have already begun to take over China’s financial system. Who’s to say that cryptocurrencies, a decentralized counterpart to these systems that tout their own currencies, cannot have a similar impact on society at large. The fact of the matter is that these digital payments systems, whether decentralized or centralized, offer benefits that cash/plastic cannot. Case in point, payments on both Bitcoin and WeChat Pay are cheap, rapid, and relatively secure. But arguably, decentralized payment ecosystems, which are non-sovereign, private, immutable, and non-censorable, are even better than their centralized peers, which is likely what Musk was touching on. Featured Image from Shutterstock Billionaire Elon Musk Lauds Bitcoin As “Quite Brilliant,” Why Isn’t Tesla Going Crypto? was last modified: February 20th, 2019 by Nick ChongThe post Billionaire Elon Musk Lauds Bitcoin As “Quite Brilliant,” Why Isn’t Tesla Going Crypto? appeared first on NewsBTC.
NewsBTC

In the Daily: Elon Musk Talks Bitcoin, Shanghai’s Fudan University, Xdat Exchange

In this edition of The Daily we cover some largely supportive remarks the famous entrepreneur Elon Musk has made about Bitcoin, the latest academic institution to launch a blockchain R&D center, and a new offering from Malta-based exchange Xdat. Also Read: Bank of Spain Report: Bitcoin Is a Solution for a System Without Censorship Elon Musk Talks Bitcoin The founder of Tesla and Spacex, Elon Musk, is once again making headlines about crypto. He recently went on the Ark Invest podcast to discuss the future of autonomous driving technologies. Most of the half-hour interview focused on the strategy behind his electric car company but the topic of cryptocurrency eventually popped up in the last four minutes. Musk commented: “I think the Bitcoin structure is quite brilliant. There seems like there is some merit to Ethereum as well, and obviously others. But I’m not sure if it’s a good use of Tesla resources to get involved in cryptos … We’re really just trying to accelerate the advances of sustainable energy. One downside of Bitcoin is … computationally it’s quite energy intensive. There has to be some kind of constraint on the creation of crypto. It’s very energy intensive to create the incremental bitcoin at this point … It bypasses currency controls. Paper money is going away, and crypto is a far better way to transfer value than pieces of paper. That’s for sure.” Shanghai’s Fudan University Launches Research Center Shanghai’s Fudan University has become the latest academic institution to launch a blockchain R&D center. Founded in 1905, Fudan is one of the most prestigious and selective schools for higher learning in China. The Shanghai Blockchain Engineering Technology Research Center is tasked with carrying out basic research in the field, developing demo applications in collaboration with the broader industry, and training talent to serve Shanghai’s economic development. Last month the University of California, Berkeley announced the formation of its own blockchain-focused startup accelerator program, the Berkeley Blockchain Xcelerator. This program is meant to help aspiring entrepreneurs create high-value ventures in the blockchain space with industry guidance from Silicon Valley. Xdat Exchange Lists 18 Trading Pairs Xdat, a new Malta-based cryptocurrency trading exchange, has announced the listing of 18 trading pairs. These comprise ETH/BTC, BCH/BTC, EOS/BTC, ETC/BTC, XRP/BTC, DASH/BTC, LTC/BTC, BTC/ETH, BCH/ETH, EOS/ETH, ETC/ETH, XRP/ETH, DASH/ETH, LTC/ETH, BTC/TUSD, ETH/TUSD, BTC/EURO, and ETH/EURO. The company has further plans to add other pairs over time. The exchange is compliant with Maltese regulations for KYC and AML procedures and caters to both retail and institutional investors. Its fiat gateway allows users to deposit funds in 12 major currencies: USD, GBP, JPY, HKD, CHF, AUD, NOK, SEK, DKK, CZK, PLN, and HUF. This selection is meant to eliminate the need for involvement of a foreign bank for the supported options and allows users to work solely with Xdat’s bank. “Xdat is on a mission to address the key problems of existing exchanges … including lack of flow of new capital, lack of trust, no approach for mass adoption, and high fragmentation,” said CEO Prashanth Swaminathan. “Our aim is to bring crypto to all. To that end, we will be working closely with our community and using their support and feedback to make our interface more user-friendly and trading as streamlined as possible.” What do you think about today’s news tidbits? Share your thoughts in the comments section below. Images courtesy of Shutterstock. Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH and other coins, on our market charts at Satoshi’s Pulse, another original and free service from Bitcoin.com. The post In the Daily: Elon Musk Talks Bitcoin, Shanghai’s Fudan University, Xdat Exchange appeared first on Bitcoin News.
Bitcoin News

Elon Musk Praises 'Brilliance' Of Bitcoin And Ethereum, But Clash With Tesla's Energy Stance

Main Street seems to be giving cryptocurrency a second look. Last week, Jamie Dimon and JPMorgan Chase & Co. (NYSE: JPM) announced an investment in JPM Coin, which will become the first digital token provided by a U.S. bank. This week, Tesla Inc (NASDAQ: TSLA) CEO Elon Musk lent cryptocurrency additional validation. “Paper money is going away, and crypto is a far better way to transfer value than pieces ...Full story available on Benzinga.com
Benzinga

Elon Musk Calls Bitcoin "Brilliant" | Here's Why He's Optimistic

What are your thoughts on this news? Are you optimistic or bearish? Feel free to leave a comment below! Thank you all so much for watching the video. If you enjoyed the video, please consider dropping a like and subscribing. Running into some trouble or questions? Feel free to leave them down in the comments below! ---------------------------------------------------------------------------------------------------------- Check out Yellow: https://www.youtube.com/channel/UC2u2FXKKyIFsNBr_MlpCMfA Interested in signing up for our newsletter? Click the link below! Link: https://www.nicholasmerten.com/newsletter-dash-report-1/ Looking to file your crypto taxes? Check out TaxBit! https://app.taxbit.com/invite/DataDash/ ---------------------------------------------------------------------------------------------------------- What are your thoughts on current markets? Are you optimistic or bearish? Feel free to leave a comment below! Thank you all so much for watching the video. If you enjoyed the video, please consider dropping a like and subscribing. Running into some trouble or questions? Feel free to leave them down in the comments below! *I WILL NEVER PURSUE PROJECTS THROUGH TELEGRAM OR OTHER SOCIAL MEDIA OUTLETS. CONTACT MY EMAIL LISTED BELOW FIRST AND THEN VERIFY MY IDENTITY THROUGH A VIDEO CALL BEFORE MOVING FORWARD. THERE ARE MANY SCAMMERS IN CRYPTO. EMAIL SPOOFING IS RAMPANT, SO VERIFY MY IDENTITY THROUGH VIDEO* For consulting, speaking, or other business inquiries, please feel free to reach me at contactdatadash@gmail.com Patreon: http://patreon.com/data_dash Telegram: Alerts | https://t.me/Data_Dash Discussion | https://t.me/datadash Discord: https://discord.gg/S7MtTcB Donate NANO: xrb_3y7qi1z5kcpgi9cnk4bctus155qntiy1cszfmeh9zg7eqqqjb9imebsqf33t BTC: 14DHXJa9CgeBPf6m7UeMKE9yzAYFKPW2nV ETH: 0xa34d3461ae04953489e9aa464689c022836751d0 Want to start trading cryptocurrencies? Sign up through this link to get $10 of free bitcoin with your first purchase of over $100 ↓↓↓ https://goo.gl/woCYL6 Want to start trading coins? My top choice is Binance. ↓↓↓ https://goo.gl/DZVYPn Want to trade OTC? Caleb & Brown is my personal favorite to get started. https://partners.calebandbrown.com/datadash Looking to buy physical gold or silver? Check out the link below: https://goldsilver.com/?aff=DD Disclaimer: Statements on this site do not represent the views or policies of anyone other than myself. The information on this site is provided for discussion purposes only, and are not investing recommendations. Under no circumstances does this information represent a recommendation to buy or sell securities.
DataDash
By continuing to browse, you agree to the use of cookies. Read Privacy Policy to know more or withdraw your consent.