Tag: exchange

A new crypto exchange dubbed CoinSmart has opened shop on July 10, 2018, in Canada to address rising interest in cryptocurrencies among the Canadian population. Making Life Easier for “Crypto Curious” Community The exchange that comes with a tagline “you can actually understand” has capabilities of getting coins at one click, making crypto trading easy, offers 24 hrs support and…

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It is a proven fact that the blockchain has an impressive 99.64 percent reliability. However, the same can’t be said of cryptocurrency exchanges. Amidst that backdrop, Sameer Dixit, the Senior Director of Security Consulting at Spirent Communications, has identified some characteristic flaws of crypto exchanges which must be tackled to shield the over $350 billion cryptocurrency industry from more heists…

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On July 17, 2018, Robinhood announced it’s support for Dogecoin (DOGE) on it’s fee-free trading platform. The adoption of Jackson Palmer’s ironic cryptocurrency marks a growing bullish trend on the part of the American cryptocurrency firm. Robinhood Adds Support for Litecoin, Bitcoin Cash, and DogeCoin On July 12, 2018, cryptocurrency exchange Robinhood also announced to list two more cryptocurrencies – Litecoin…

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While the Mt. Gox exchange may be dead, its ghost has refused to rest in peace until its killers are hunted down. Most recently, a Greek court has ruled that Alexander Vinnik, founder of the now-defunct BTC-e cryptocurrency exchange, will be extradited to France. Vinnik has been accused of playing a significant role in the Mt. Gox and Bitcoinica heists. Mr….

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A rampant epidemic of cryptocurrency fraud plaguing Twitter for the past several months has now drawn the attention of Elon Musk. Musk took to Twitter on July 8, 2018, to speak out against the scam after he found himself in the whole mess. Musk Drawn into the Crypto Scam “I want to know who is running the Etherium scambots! Mad…

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The CEO of Binance, one of the world’s largest and fastest-growing crypto exchanges, stated he expects net revenue of $500 million to $1 billion in 2018. CEO’s Overwhelming Optimism Despite the recent not-so-favorable situation in the crypto industry that has recorded billions of dollars in losses, crypto exchanges are still raking in billions, Binance being one of the leaders. Binance…

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The Italy-based exchange BitGrail has halted all trading activities and defaulted the site as being “under maintenance” after it’s core team confirmed Italian law enforcement had seized all bitcoin in the companies accounts. This comes months after approximately $170 million worth of the cryptocurrency NANO was hacked and stolen from the exchange. The BitGrail Story Finally Coming to a Close…

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The Supreme Court of India decided on July 3, 2018, to deny a temporary stay in the petition against the Reserve Bank of India’s directive forbidding banks to deal with crypto exchanges. RBI’s Directive Shocks India Although the blockchain and cryptocurrency industry seems to be blooming everywhere, India’s financial authorities don’t seem to recognize its enormous potential. The Reserve Bank…

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Even with the present crypto market slump, positive vibes are still emanating from the global cryptosphere. In the latest development, financial firms registered with Thailand’s Association of Securities Companies (ASCO) are looking to create a jointly-owned digital currency exchange. Joining the Crypto Bandwagon According to a Bangkok Post report on July 2, 2018, quite many companies in the Thai finance sector have…

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Japanese messaging behemoth Line, which has over 500 million installs on Play Store, is set to open a new cryptocurrency exchange in Singapore to service the worldwide market excluding the US and Japan. Bitbox and Line’s Blockchain Ambitions Announcing the launch of the exchange, Line-backed “BitBox” is set to open in July 2018, initially handling a list of over 30…

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