#cryptocurrency exchange

Terms of service being changed in real time with coloured pens,.

South Korean Crypto Exchanges Update Terms of Service

June 17, 2019 by Ogwu Osaemezu Emmanuel at Exchange, News

Exciting times for South Korean bitcoin and altcoin investors as five local exchanges including Bithumb have revised their terms of service to make it possible for traders to get duly compensated should there be an unforeseen circumstance that leads to loss of funds, even if the security breach is not...

Poloniex Has Turned a New Leaf Since Circle Acquisition

May 29, 2019 by Ashwath Balakrishnan at Exchange, News

When Circle acquired Poloniex in the spring of 2018, it inherited a torrent of problems that had been plaguing the exchange for months. In the midst of the bull market, Poloniex was unable to scale their infrastructure and human resources to adequately address customer issues. In a blog post on...

A little Kraken in the Palm of a hand holding a coin

Cryptocurrency Exchange Kraken Raises Millions in Share Offering

May 22, 2019 by Eddie Mitchell at Exchange, News

Major cryptocurrency exchange platform Kraken has announced that it will be offering shares of its company for as little as $1,000. This, according to an email distributed by the exchange on May 20, 2019. Raising Millions As per the email, Kraken will be offering preferred shares through investment platform, BnkToTheFuture....

Cryptopia in the Bottom of a Bargain bin

Troubled New Zealand Exchange Cryptopia Goes Into Liquidation

May 15, 2019 by Aisshwarya Tiwari at Business, Exchange, News

Things went from bad to worse for the beleaguered cryptocurrency exchange Cryptopia when it came to light that it had been placed in liquidation after its failed attempts to restart the business. This according to a report by NZ Herald, May 15, 2019. Another One Bites the Dust Barring a...

Binance Hacked Laptop Red SKull and Bones

Binance Hacked, 7,000 BTC Stolen From Hot Wallet

May 8, 2019 by Ashwath Balakrishnan at Bitcoin, Crime, Cybersecurity, Exchange, News

Crypto hackers struck again as 7,000 BTC was stolen from Binance's hot wallet. Tthe exchange reported on May 8, 2019, that hackers were able to obtain a large number of API keys, 2FA codes, and other user information to execute their attack. Binance's SAFU Breached Binance discovered a large scale...

Former Colleague of QuadrigaCX CEO Believes Customers Will Likely Not Recover their Funds

April 21, 2019 by Aisshwarya Tiwari at Exchange, Finance, 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...

South Korea: Crypto Exchange Coinnest Shutting down Operations

April 18, 2019 by Ogwu Osaemezu Emmanuel at Exchange, News

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 Crypto-Exchange Bithumb Reports $180 Million 2018 Losses

April 12, 2019 by Aisshwarya Tiwari at Business, Exchange, Finance, News

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...

Israel: Crypto Mining Firm Bitfarms Eyeing Move to Canadian Stock Exchange

April 2, 2019 by Tokoni Uti at Exchange, News

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...

United States Global Blockchain Earth Cryptocurrency Flag Red White Blue

Report: U.S. Cryptocurrency Exchanges Account for Over a Quarter of Global Bitcoin Trade

March 25, 2019 by Aisshwarya Tiwari at Bitcoin, Exchange, News, Regulation

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...

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