THELOGICALINDIAN - Digital asset barter Kucoin has partnered with an Israeli startup to acquaint acclaim agenda payments for cryptocurrency purchases and weve covered it in The Daily Also Coinbase has added aloofness bread zcash to its able trading belvedere while Okex has delisted dozens of trading pairs with low clamminess And in Ghana over 100000 investors accept absent millions of dollars in a bread betray
Also read: Coinbase Launches OTC Desk, Huobi Opens Derivatives Market
Kucoin Introduces Credit Card Payments
Kucoin has teamed up with Simplex to acquiesce its users to buy cryptocurrencies with acclaim and debit cards. The Singapore-based exchange’s new account is now accessible in over 100 countries. Its barter can use U.S. dollars and euros to acquirement bitcoin amount (BTC), ether (ETH) and litecoin (LTC).
Simplex is a provider of acquittal processing solutions headquartered in Israel. The fintech startup operates globally and has subsidiaries in the U.S., U.K. and Lithuania. Merchants application its casework accept their payments from Simplex, alike in the case of counterfeit chargebacks. The aggregation already cooperates with some of the arch platforms in the crypto space, including Shapeshift and Changelly.
Kucoin afresh raised a absolute of $20 actor in a alternation A allotment round. The exchange, which started trading agenda assets in September of aftermost year, now has added than 5 actor registered users in over 100 altered jurisdictions.
Coinbase Pro Adds Privacy Coin Zcash
Leading U.S. cryptocurrency barter Coinbase has listed privacy-centric agenda bread zcash (ZEC) on its able agenda asset trading platform, Coinbase Pro. According to an official announcement, Coinbase Pro started accepting ZEC deposits on Thursday, Nov. 29.
“We will acquire deposits for at atomic 12 hours above-mentioned to enabling trading,” the aggregation explained in a blog post, which additionally detailed: “Once acceptable clamminess is established, trading on the ZEC/USDC adjustment book will start.”
The San Francisco-based barter additionally appear that initially ZEC trading will be accessible for association of the Unites States, excluding New York, and Coinbase Pro users in the U.K., EU affiliate states, Canada, Singapore and Australia. Support for added jurisdictions may be provided in the future, Coinbase noted. The aggregation will additionally accede abacus ZEC to its customer belvedere and adaptable apps if there are no abstruse issues with trading on Coinbase Pro.
Following the announcement, the amount of zcash jumped by about 15 percent. At the time of writing, the bread was trading at about $88.
Okex Delists Trading Pairs With Low Liquidity
Okex, currently the second-largest cryptocurrency barter by circadian trading volume, appear that it’s delisting 38 trading pairs and tokens with anemic clamminess and low trading volume. The accommodation pertains to firstblood, district0x, iconomi, santiment arrangement and singulardtv, amid added coins. The abounding list is accessible on the platform’s website.
The trading pairs will be delisted on Nov. 30. Okex advises users to abolish their orders with the afflicted bill or the barter will abolish them automatically and acclaim the assets to the trading accounts. Okex barter captivation a cardinal of tokens — VEE, LEV, AVT, CBT, WRC, QVT, MTL, DNA, DNT, OAX, 1ST, CAG, UKG, BRD, SAN, ICN, ATL, SUB, REQ, NGC, AMM, LA, DENT, CIT, DAT and MAG — accept been asked to abjure them to added cryptocurrency platforms afore Dec. 14.
Investors in Ghana Lose $27M in Coin Scam
More than 110,000 Ghanaians accept been reportedly defrauded in a arrangement involving cryptocurrency investments. According to bounded media, Kwaku Kumi and David Opatey — admiral of an article alleged Global Coin Community Help (GCCH) — accept been arrested and interrogated by the country’s Economic and Organized Crime Office. Both accept been appear on bail, however.
The swindled investors absent an estimated 135 actor Ghanaian cedi, or almost $27 million, the Ghanaian account aperture Daily Graphic reported. According to investigators, GCCH accustomed deposits after a authorization from the Bank of Ghana. The aggregation promised to pay barter a account absorption amount of 27 percent for a aeon of one year.
Unable to pay the aerial absorption rate, the fraudsters after offered to atone the investors with agenda bill traded on an barter alleged Mintcrtx. When their deposits were converted, the tokens were admired at 20 Ghanaian cedi per coin, but their amount has back alone to alone 2 cedi. Police begin that the trading belvedere is endemic and operated by GCCH.
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