# cryptocurrency exchange News
According to Adam O’ Brien, a former colleague and friend of the late QuadrigaCX CEO Gerald Cotton, customers are unlikely to recover their funds locked inside the exchange’s cold-storage crypto wallets, reports Global News, April 19, 2019. Cotton Was “Kind of Worried” that Something Might Happen It could be safely...
Coinnest, a leading South Korean exchange, and bitcoin trading venue have announced it's closing shop due to challenging market conditions and other unfavorable factors that have hampered its continued growth, according to a press release by the firm on April 18, 2019. End of the Road for Coinnest As stated...
South Korea-based cryptocurrency exchange Bithumb suffered a mammoth loss of $180 million (205 billion Korean won) in 2018, reports The Korea Times, April 10, 2019. A Series of Unfortunate Events Although the current sentiment in the crypto market has a slightly positive shade to it, things were not so hunky-dory in 2018...
It was announced on April 1, 2019, that Bitfarms is applying for listing on the Toronto Stock Exchange, essentially moving from their current home at the Tel Aviv Stock Exchange. Off the Exchange It’s always a source of good news when the blockchain industry makes progress towards mainstream acceptance. Examples...
Citing a report from blockchain data firm Bitwise, Bloomberg reported on March 23, 2019, that contrary to the previously held assumptions, cryptocurrency exchanges in the U.S. handle as much as 29 percent of global bitcoin trade. U.S. Exchanges Better Regulated than Previously Thought Emerging industries typically find themselves shrouded in...
