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Huobi Japan Raises $4.6M From FPG to Expand Crypto Trading Business

Licensed crypto exchange Huobi Japan has raised 5 million yen ($4.6 million) from Financial Products Group (FPG), a financial instruments business operator.The development was revealed in a press release shared with CryptoX on Oct. 25.Future cooperation on digitized securitiesHuobi Japan is a wholly-owned subsidiary of major Singapore-based crypto exchange

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RIFT-Protocol Could Also Solve the Problems of Bitcoin

A recent large-scale malvertising attack identified by the TrendMicro security intelligence team has seen thousands of individuals around the world targeted by a sophisticated cryptojacking network. TrendMicro’s latest blog details the recently discovered but undocumented version, noting that the new version is “capable of taking over systems in order to

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Lebanon Banks’ Shutdown Is ‘Most Potent Case’ for Crypto: Nassim Taleb

Bitcoin (BTC) proponents are encouraging Lebanese citizens to swap fiat for crypto after it emerged the country’s banks would stay closed.Banks to open “once normalcy restored”In an ongoing Twitter debate which began on Oct. 24, commentators vented anger on behalf of Lebanon’s population, which has been without banking services

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Head of Crypto Capital Arrested in Connection with Money Laundering

Ivan Manuel Molina Lee, the president of controversial Panama-based payments processor Crypto Capital tied to Bitfinex and other major cryptocurrency exchanges, was arrested by Polish authorities.According to local news outlet wPolityce’s report published on Oct. 24, he is suspected of money laundering and being involved in an international drug

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Crypto Lending Platform Nexo Lowers Rates On Instant Credit Lines

Nexo, a crypto lending institution, announced that it has lowered the interest rates on its instant crypto credit lines.Lowest rates in the blockchain ecosystemIn a press release published Oct. 22, Nexo announced that it was lowering interest rates on its credit line service after securing long-term cost-efficient financing. The

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Binance Adds Nigerian Naira Fiat Trading Pair, Opens Deposits

Major cryptocurrency exchange Binance announced that it opened deposits for fiat currency Nigerian Naira (NGN) on Oct. 24.Binance adds three new NGN trading pairsPer the announcement, NGN deposits will be processed by online payments processor Flutterwave and the exchange is also adding three new trading pairs: USD/NGN, Binance Coin/NGN

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