Tag: exchange

SIX Swiss Exchange, one of the leading stock exchanges in Switzerland, is hoping to replace its current trading platform with a blockchain-based system that the company is currently working on, Reuters reported on November 13, 2018. Swiss Exchange Six Expects Blockchain-Platform to Rule in Ten Years Swiss exchange SIX, the oldest exchange in the country and the first exchange in…

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B2BX, a European digital assets exchange that supports major cryptocurrencies like bitcoin (BTC), ether (ETH), NEO (NEO), monero (XMR) and several others, has gotten approval from the Estonian Financial Intelligence Unit (FIU), making it one of the cryptoassets exchanges to be entirely regulated in crypto-friendly Europe, reported Finance Magnates on November 11, 2018. B2BX Gets Regulators Greenlight Per sources close…

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BitMEX CEO Arthur Hayes has defended the crypto trading platform against online rumors accusing the company of several activities that essentially amount to insider trading and betraying customer trust. Speaking to Yahoo! Finance U.K. in an article published on November 12, 2018, Hayes insisted that the platform offers uniform access to all customers, denying whispers of trading against customer positions…

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Bithumb, one of the biggest cryptocurrency exchanges in South East Asia and Korea in particular, has announced a ‘Super Airdrop Festival’ that any registered trader can participate in. In a Twitter post published November 12, 2018, the company said that the highlight of the event is a giveaway involving 15 BTC. This will be given to a random Bithumb member…

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South Korean cryptocurrency exchange Zeniex will terminate its services due to increasing government pressure on unauthorized digital currency exchanges. According to Zeniex’s website post, published on November 9, 2018, the cryptocurrency exchange noted that operating amidst a government crackdown on the industry will be a challenging feat. Closing Down Due to Government Pressure The cryptocurrency exchange opened on May 8,…

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At a time when stablecoins have become the rave of the moment in the cryptoverse, with several startups from Circle Internet Financial, Gemini, and others launching own dollar-backed altcoins, Asher Tan, the co-founder of CoinJar, a digital assets platform, has predicted a bright future for the price-steady alternatives according to a Financial Review report on November 12, 2018. Stablecoins to…

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Cryptocurrency exchange Gate.io has removed StatCounter, one of the most popular web analytics tools, from its website following reports of a security breach, the company announced in a blog post on November 7, 2018. A Supply Chain Attack on Cryptocurrency Exchange Cryptocurrency hackers have reportedly attacked one of the internet’s most used traffic analytics services, StatCounter, to steal bitcoin from…

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The Abu Dhabi Securities Exchange (ADX) recently issued a thought paper detailing the infrastructure required for crypto assets, distributed ledger environments, and financial markets. According to a post published by the ADX on November 6, 2018, the paper serves as a reliable reference to help financial institutions transition from conventional assets to crypto assets. ADX Issues Thought Paper on Crypto…

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While cryptocurrency exchanges have always allowed users to exchange cryptocurrencies against other digital tokens or fiat currencies quickly, history has repeatedly shown that they can be vulnerable to security breaches and hacks. Furthermore, these companies often introduce the concept of trusting a third party, a philosophy that Bitcoin and most other cryptocurrency communities have actively frowned down upon. To challenge…

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On November 1, 2018, Justin Sun, founder of the blockchain platform Tron, has announced the successful burning of $800 million worth of TRX tokens. Ninety-Eight Percent of Supply Burned In a related tweet, he said, “I just burned 800 million USD worth $TRX ERC20 tokens. $TRX ERC20 tokens will soon become historical artifacts. Don’t forget to keep one as a…

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