Tag: exchange

When it seems things couldn’t get worse during the cryptocurrency bearish market, the community woke up to a nasty shock on September 17, 2018. A Japanese exchange Zaif reported that it was the victim of a breach which led to a loss of cryptocurrencies worth $60 million. Compensation Deal Agreed for Customers In a statement that was partly an apology,…

READ MORE

Cryptocriminals have exploited an enormous security vulnerability on the Newdex decentralized digital assets exchange to steal nearly $58,000 from customers, by creating 1 billion fake EOS tokens, reported The Next Web on September 18, 2018. Bad Actors Exchange Fake EOS Altcoins for BLACK, IQ and ADD Tokens According to The Next Web, hackers succeeded in creating 1 billion EOS-based tokens…

READ MORE

IronX, a cryptocurrency exchange established in June 2018 by the IronFX Group and EmurgoHK, the founders of the Cardano (ADA) distributed ledger technology (DLT) project, has received the approval of the Estonian Financial Intelligence Unit (FIU), to conduct business in the region as a fully regulated cryptocurrency trading venue. The firm is now one of the first exchanges in the…

READ MORE

IBM aired a TV Commercial during an NFL match on September 17, 2018, called Plastic Bank, a new initiative which aims to tackle ocean plastic and global poverty with blockchain technology. The Plastic Bank is backed by IBM Technology which uses the LinuxOne blockchain to encourage entrepreneurs from the world’s most impoverished communities to clean up plastic in exchange for digital…

READ MORE

According to a report by The Times of Malta, published on September 11, 2018, cryptocurrency exchange giant Binance has effectively signed a memorandum of understanding (MoU) with the Malta Stock Exchange to launch a new digital platform for security tokens. The agreement was approved by the Malta Stock Exchange chairman Joe Portelli and Binance chief financial officer Wei Zhou. MSE…

READ MORE

KuCoin cryptocurrency exchange is excited to announce on its newest listing of another unique project Decred, the first decentralized autonomous digital currency. DCR is now available for deposit with trading pairs including DCR/BTC and DCR/ETH. Buying starts at 19:30 UTC+8 while Selling/Withdrawal at 20:00 UTC+8. All trading transactions are done utilizing their Android and iOS apps, or through their official…

READ MORE

Singaporean cryptocurrency exchange, KuCoin is set to enter the Australian waters as it looks to expand its operations down under. Per a report by The Australian Financial Review on September 9, 2018, KuCoin has made an investment of $3 million in the Aussie exchange Bitcoin Australia. Along with this, the two have entered into a joint venture to scale up…

READ MORE

Zebpay, an Indian cryptocurrency exchange , announced to all customers on September 4, 2018, outlining its intentions to return all INR balances to customer bank accounts, regardless of the country’s strict directive against doing so. Bold Steps As stated in the mail, Zebpay noted the lack of financial avenues has led to Indian traders sounding concerns about their fiat balances stored…

READ MORE

ShapeShift, a global digital assets exchange headquartered in Switzerland has announced the launch of its membership program that would soon make it mandatory for users to submit their basic personal information, as stated in the firm’s news release on September 4, 2018. A Total Paradigm Shift According to a ShapeShift blog post, the cryptocurrency trading platform is moving away from…

READ MORE

Binance is one of the newest but also most popular bitcoin exchanges in the market today. Founded in 2017 by Chinese entrepreneur Changpeng Zhao, the exchange has grown in users as well as reputation in a matter of months. Binance initially started out with its headquarters in China and then moved its servers and facilities to Japan as a result…

READ MORE