• Buying Bitcoin using fiat
    Bitcoin

    Buying Bitcoin using fiat just got easier

    A new partnership with Paxful means OKEx users can buy Bitcoin using 160 fiat currencies… or gift cards, if they prefer.

    OKEx announced on June 15 that it has entered into a strategic partnership with the peer-to-peer Bitcoin marketplace Paxful. OKEx users will be able to purchase BTC using more than 160 fiat currencies, while Paxful users will be given direct access to the OKEx platform for trades, options and futures.

  • Galaxy Digital Bakkt join forces
    Bitcoin

    Galaxy Digital, Bakkt woo big investors

    The partnership will provide a one-stop solution for institutional investors and asset managers looking for a safe way to buy, trade, and store bitcoin

    The two New York-based firms will collaborate to offer clients looking to invest in physical bitcoin “the same caliber of market knowledge and trade execution expertise in BTC as they would expect from any established traditional finance desk,” said Tim Plakas, head of sales at Galaxy Digital Trading,

  • Finland hotspot illegal Bitcoin
    Bitcoin,  Europe,  United States

    CipherTrace: Finland a hotspot for illegal Bitcoin

    The tranquil Scandinavian nation is home to the Northern Lights, but down on the ground it’s also a haven for darknet scammers attempting to cash out; CipherTrace report finds $1.4 billion lost this year, criminals getting savvy to anti-money laundering

    CipherTrace says 12.1% of Bitcoin funds sent to Finnish exchanges come directly from criminal sources. As a percentage, that’s the highest worldwide, making Finland a hotspot for illegal Bitcoin. LocalBitcoins, a peer-to-peer crypto marketplace, is partly to blame. It is based in the Finnish capital of Helsinki, and received 99% of these ill-gotten funds, according to a report.

  • Bitcoin

    It’s difficult to know Bitcoin’s actual price. Could this benchmark index change that?

    The new Bitcoin Benchmark Rate is designed to pave the way for new derivatives, but there’s a catch: the index is only updated once an hour

    A new benchmark index is trying to cut through market manipulation and inaccurate data to offer a “robust” insight into Bitcoin’s actual price. The Bitcoin Benchmark Rate is the brainchild of MV Index Solutions, which develops a range of indices for investors, along with the digital asset data platform CryptoCompare.