Crypto Markets News 

Bitstamp Crypto Exchange Expands Into Asia-Pacific Region With New Hire

“Luxembourg-based cryptocurrency exchange Bitstamp has hired Andrew Leelarthaepin to lead its business development efforts in the Asia-Pacific (APAC) region” writes Joeri Cant for cointelegraph.com. I believe there is a large need for Bitstamp’s mature approach to crypto in this region and look forward to expanding our presence here.” In October, the CEO of cryptocurrency exchange Bitstamp, Nejc Kodrics, highlighted Bitcoin’s (BTC) utility after funds worth almost $1 billion changed hands for less than $4 in fees.Leelarthaepin commented on his new position: “Cryptocurrency adoption in Asia is growing at a breakneck…

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Bitstamp Integrates Ledger Vault Technology for Custody Options

“Under the partnership, Ledger Vault will provide the cryptocurrency exchange with flexible wallet tech infrastructure” writes Celeste Skinner for financemagnates.com. Europe’s largest cryptocurrency exchange by trade volume, Bitstamp, announced this Tuesday that it is integrating Ledger Vault’s technology to its existing services, in order to enable advanced custody options.Forward-thinking exchanges like Bitstamp understand the importance of endpoint security to safely guard cryptocurrencies,” added Pascal Gauthier, Ledger CEO. “I am thrilled to see them adopt the Ledger Vault technology to securely store their digital assets.As part of this, Ledger will be…

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Crypto News 

Bitcoin Network Transfers $1 Billion ‘For Price of a Cup of Coffee’

“The metric implies the funds involved had not moved for a considerable length of time before exiting the Bitstamp wallet” writes William Suberg for cointelegraph.com. At the time, it was suggested that the Bitcoin price itself could be due for another bullish phase.The CEO of cryptocurrency exchange Bitstamp has highlighted Bitcoin’s (BTC) utility after funds worth almost $1 billion changed hands for less than $4 in fees.The subsequent transaction, handled by Xapo itself, saw an even more microscopic amount paid to miners to approve the funds’ transfer. Source: cointelegraph.com

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Crypto News 

Crypto Exchange Bitstamp Announces Partnership with Major Swiss Online Bank

“European cryptocurrency exchange Bitstamp has announced a partnership with major Swiss online bank Dukascopy, according to an announcement published on Friday, Jan. 25” writes Ana Berman for cointelegraph.com. Another study conducted by Swiss crypto investment firm CV VC has shown that the number of blockchain-related firms in Switzerland and Liechtenstein has continued to rise despite “Crypto Winter.”. As of January, the bank supports four main coins — Bitcoin, Bitcoin Cash (BCH), Ethereum (ETH), and Litecoin (LTC).In October, 2018, Bitstamp was acquired by Belgium-based investment firm NXMH, which in its turn…

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Bitstamp May Be Reshuffling Top Management after Acquisition, Regulatory Filing Shows

“Morehead also founded and heads Pantera Capital, a blockchain investment firm and one of the largest institutional owners of bitcoin, according to his LinkedIn profile” reports financemagnates.com. At the time, Bitstamp touted the license a a factor that ‎enables it to become the first fully licensed cryptocurrency exchange in ‎Europe.‎. According to the same filings, Bitstamp has onboarded NXMH’s investment manager Hendrik Ghys to its board. Source: financemagnates.com

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