Posts Tagged ‘exchange’

Cryptocurrency Exchanges Are Getting Hacked Because It’s Easy

Since 2011, there have been 56 cyberattacks directed at cryptocurrency exchanges, ICOs and other digital-currency platforms around the world, according to an analysis by Autonomous Research, a London-based financial-services research firm, bringing the total of hacking-related losses to $1.63 billion. Some of the biggest hacks occurred at Japanese exchanges Mt. Gox in 2014 and Coincheck […]

Guide To Top Cryptocurrency Exchanges

There are more than 1,600 cryptocurrencies in circulation today, with a combined market cap of over $289 billion, according to CoinMarketCap data. Investors around the world are eager to trade in this rapidly-growing space, and a slew of cryptocurrency platforms have emerged to meet the need for infrastructure to support the exchange of digital currencies. […]

Korean Cryptocurrency Exchange Bithumb Loses More Than $30 Million in Hack

Seoul-based bitcoin exchange Bithumb said it had lost $31.56 million (35 billion won) worth of cryptocurrencies as the result of being hacked, the second cyberattack in two weeks to hit a major South Korean cryptocurrency exchange as safety concerns hamper the industry and weigh on prices. Bithumb has temporarily halted withdrawal and deposit services. The […]

Most major cryptocurrency exchanges lack sufficient background checks, research report says

According to a report by P.A.ID Strategies, a payments and identity security consulting firm, more than two-thirds of 25 prominent crypto exchanges in Europe and North America come up short when scrutinizing new customers. The report found 68% of the exchanges allow its users to trade both crypto and fiat with no formal identification and […]

FinTech Firm Quoine Launches ICO Platform

Japanese FinTech firm Quoine has created a new ICO platform called ICO Mission Control that provides a safe haven for both token participants and token issuers. The new platform, which is integrated with Quoine’s crypto-to-crypto exchange Qryptos, is an end-to-end solution aimed at helping blockchain projects conduct ICOs in a flexible, secure, transparent and scalable manner. The […]

Binance Partners With Ugandan Blockchain Startup

Binance — the world’s largest crypto exchange platform — has partnered with Ugandan blockchain technology startup, Crypto Savannah. Binance is a large company with a daily trading volume of USD 2 billion and this new partnership with Crypto Savannah will be a major boost to the developing country. Blockchain is a new technology which will not […]

Coinbase Buys Bitcoin Startup Earn.com for $120 Million, Hires its CEO as Tech Chief

Coinbase, the largest cryptocurrency exchange in the United States, has acquired Earn.com, a blockchain-based social network portal, in a deal reportedly worth $120 million.  To date, this is Coinbase’s fifth acquisition and its biggest. Earn.com, which was initially called 21.co, launched in 2013 as a maker of bitcoin mining hardware. It pivoted in 2017 by rebranding […]

Province of Ontario examining cryptocoin trading platforms

The Ontario Securities Commission (OSC) is examining the activities cryptocurrency trading platforms that are operating in the province. According to OSC, any platform offering cryptocoin trading had to determine whether it was a marketplace. Marketplaces must comply with rules governing exchanges or alternative trading systems. OSC claims that ICOs present investor protection issues. The exchanges and ICOs […]

Bitcoin Exchange Coinbase Approaches SEC for Regulated License

Coinbase has approached regulators to get registered as a licensed brokerage. Such a move will allow the exchange to conduct its business in compliance with the SEC, which considers cryptocurrencies to be “securities.” If executed right, the regulated exchange would be able to provide several other cryptocurrencies for trading purposes on its platform, including the […]

Here’s What It Costs to Get Your ICO Token Listed on an Exchange

According to research from Autonomous Next LLP, cryptocurrency exchanges are raking in millions of dollars from ICO operators seeking to secure a spot for their tokens on high-volume trading platforms. Paying an exchange to list your token is more or less creating a secondary market, which is a factor that regulatory agencies such as the US […]