# cryptocurrency exchange News

Binance, the world's largest cryptocurrency exchange by trading volume, is still profitable despite last year's market meltdown, its chief financial officer Wei Zhou said, CNBC reported on February 14, 2019. Bear Market Had Little Effect on World's Largest Crypto Exchange (Source: CNBC) The prices of almost all cryptocurrencies have plunged...

Turkish Police have successfully arrested 24 people in connection with the hack of an unnamed crypto exchange after simultaneous sting operations across eight provinces, as reported on February 11, 2019. Caught in the Act Hacks are nothing new in the world of blockchain and cryptocurrency. 2019 alone has seen both...

Coinbase, a leading U.S.-based cryptocurrency exchange on February 12, 2019, announced the launch of its cloud backup feature that will enable users to store an encrypted recovery phrase on iCloud or Google drive in order to retain their funds even if their private keys or smartphone gets misplaced. Coinbase Crypto...

QuadrigaCX was granted creditor Protection from a court on February 5, 2019, after claiming that customer funds are trapped in a cold wallet only their late CEO had access to in what may be one of crypto’s most bizarre stories. Unfolding Story One of the biggest stories in the cryptoverse...

Cryptocurrency exchange users will now be able to have their taxes done instantly as TurboTax announced on January 4, 2019, that they will be partnering with CoinsTax to offer this service. Paying Their Dues It would seem that on a daily basis, progress is made in getting a framework set...