Japanese company Rakuten launches crypto trading services

Japanese company Rakuten launches crypto trading services

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1 The Binance iOS app returns to the Apple Store

2 The court decides that the New York prosecutor’s office has the authority to investigate Bitfinex

Rakuten, the “Amazon of Japan,” has announced the launch of its new crypto-exchange service. The company offers the option to trade BTC, ETH and BCH through a dedicated smartphone app. Rakuten Bank customers also have fiat ramps through their personal bank accounts. For now, the app is available in the Android version, the one for iOS to be launched in the coming months.

Japanese company Rakuten is currently working on developing its own cryptocurrency, Rakuten Coin, and acquiring a crypto exchange last August.

The Binance iOS app returns to the Apple Store

Binace has announced that the exchange’s iOS app has become available again in the Apple Store. It had been withdrawn for evaluation in May, to the users’ dissatisfaction.

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Apparently, the delay was due to Apple’s evaluation process. In the meantime, the iOS Binance app has been made available for download on the official exchange site.

The Android version, however, has remained available in the Google Play store since the launch of the exchange in 2017.

The court decides that the New York prosecutor’s office has the authority to investigate Bitfinex

The Supreme Court of the State of New York has ruled that the New York Public Prosecutor’s Office (NYAG) has the authority to investigate the activity of Bitfinex. Lawyers representing iFinex, the parent of the exchange, argued that NYAG has no jurisdiction because the platform does not operate in New York.

The prosecution is investigating allegations that Bitfinex covered $ 850 million in losses with Tether’s help without informing investors and customers.

The judges also ordered Bitfinex to make available the requested documents to the prosecutor’s office.

Coinbase has exposed the access data of over 3000 customers

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The largest US exchange, Coinbase, said it mistakenly exposed the passwords of 3,420 customers due to a system error. Apparently, some of its clients’ registration data was temporarily stored in text files on its internal server instead of being encrypted.

Coinbase claimed that the data was not accessed and asked affected customers to reset their passwords.

In addition, Coinbase security systems use two-factor authentication and confirmation for operations.