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Another Indian Crypto Exchange Shuts Down Blaming Banking Ban
27.6.2019
Regulatory uncertainty ushered in by India's central bank appears to have brought about the demise of the cryptocurrency exchange Koinex
Hacker Steals XRP 9.3m and ADA 2.5m from Crypto Exchange Bitrue
27.6.2019
Source: iStock/D-Keine
At approximately 1:00am June 27 (GMT+8), a hacker accessed the personal funds of about 90 Bitrue users and stole XRP 9.3 million (USD 4 million) and ADA 2.5 million (USD 227,900), the Singaporean crypto exchange said.
"First of all, please let us assure you that this...
Singapore Exchange Bitrue Hacked for Over $4 Million in Crypto
27.6.2019
Bitrue was hacked early Thursday morning for over $4 million in XRP and cardano. Users who experienced losses will be refunded, it says
Bitcoin Faces Sudden Price Drop And Incident Coincides With Coinbase Platform Crash
27.6.2019
Bitcoin faced a significant setback last night, in just a few seconds it fell from $13,800, the highest values reached this year to $12000. The sudden fall in the price coincided with the crash of major cryptocurrency exchange Coinbase. Although the week began with an impressive price for...
Crypto ATM Operator Adds Dai, Targets USD 690bn Remittance Market
27.6.2019
American crypto ATM operator Coinsource has announced that it will begin allowing customers to make Dai purchases from its machines as of this summer – ahead of a planned remittance service launch.
Per Reuters, Coinsource says it is set to “update all of its machines to allow customers to...
Founder Of Defunct Crypto Exchange Mt Gox Faces Lawsuit Accusing Fraudulent Misrepresentation
27.6.2019
Mt Gox founder Jed McCaleb has landed in legal trouble, as a fresh lawsuit has been filed against him, accusing him of fraudulent misrepresentation. The case is related to the handling of the crypto exchange, which is now defunct. The lawsuit was jointly filed by Joseph Jones and Peter Steinmetz...
Bitcoin (BTC) Continues Its Rally As Crypto Market Surge Unabatedly
27.6.2019
Bitcoin (BTC) is back in the groove. After reaching an abnormally high value of approximately $20,000 in December 2017, the downfall of this largest cryptocurrency by market capitalization started in year that followed. In fact, the year 2018 proved disastrous not only for Bitcoin but also for...
Market Rebound Boosts Adoption of Cryptocurrencies for Payments
27.6.2019
The use of digital assets to make payments is growing, according to a recently published study. It reveals that cryptocurrency’s role as a viable means of payment has been expanding and this year’s market rebound has increased the turnover of crypto payments. The report suggests that...
Crypto Volatility Jumps as Market Crash Coincides with Coinbase Outage
27.6.2019
Bitcoin (BTC) once again showed its volatility that coincided with an outage that lasted just under an hour at exchange platform Coinbase . (Updated on 13:21 UTC: updates throughout the entire text.)
BTC had been soaring at prices of over USD 13,800 on June 26 when an outage of Coinbase’s website...
Bitwise to Launch Another Crypto Exchange-Traded Product
27.6.2019
Switzerland’s largest stock exchange SIX to list the fifth crypto ETP developed by Bitwise
Bitcoin Falls by $1,400 After Crash of Major Crypto Exchange Coinbase
27.6.2019
Bitcoin ‘corrects’ down $1,400, seemingly due to a period of technical errors with the website of major crypto trading platform Coinbase
Node40 Executive Explains What to Expect When the IRS Issues Its New Crypto Policy
27.6.2019
Last May, the U.S. Internal Revenue Service (IRS) revealed it would be issuing new tax guidance and rules about the tax treatment of digital assets and forks. IRS Commissioner Charles Rettig told congressional leaders that the agency has made it a priority to issue crypto-related tax guidance. This...
Markets Update: Cryptocurrency Prices Continue to Accelerate
26.6.2019
Digital asset markets have been on a tear lately, gaining $68 billion in five days. Currently, there’s over $100 billion in global trade volumes and crypto bulls don’t seem to be letting up any time soon. Also Read: How to Find a Bitcoin Cash Meetup Near You The Cryptoconomy Captures...
Binance DEX Garners Praise From Crypto Community, Proving To Become What Users Wanted
26.6.2019
Binance DEX has been a dream project of Changpeng Zhao, but it didn’t get the start it deserves. However, steadily, the platform is gaining praise from popular crypto investors and influencers, which promises a bright future for the decentralized crypto exchange. On Tuesday, the famous pseudonymous...
CoinMarketCap Makes First Acquisition to Further Improve Crypto Data Offering
26.6.2019
The data provider is snapping up a firm building algorithms said to provide a “true price” for cryptocurrencies
Amid Growing Bitcoin Prices, Binance Launches Binance 2.0, Will Allow Margin Trading Fir All Users
26.6.2019
Bitcoin is having the purple patch users were praying for, and the prices are fast approaching the $13,000 mark. Everything seems to be going nicely, and amid the boom, Binance has launched Binance 2.0, which gives access margin trading to all users. Binance CEO Changpeng Zhao made the announcement...
Crypto Adoption: First Opera Wallet for iOS; PwC Starts Crypto Audits
26.6.2019
Another two good news reached the crypto industry, showing more examples of the ongoing adoption.
First, Opera Software launched their blockchain-ready Opera Touch web browser with a crypto wallet for iOS. Second, accountancy giant PricewaterhouseCoopers (PwC) has added cryptocurrency auditing...
Six Arrested Over Cloned Crypto Exchange That Stole €24 Million
26.6.2019
Europol and police agencies have busted a cloned exchange operation that stole over $27 million in bitcoin from thousands of victims
Ignoring Merrill Lynch For Manipulating Metal Markets Shows Biased Face Of SEC
26.6.2019
The traditional monetary authorities have always criticized cryptocurrencies for being the tool of evil. Around the world, regulators are having a crackdown on crypto companies, even without having sufficient knowledge of how blockchain works. Sure, it is only fair to punish the culprits of heinous...
Chainalysis Hires FinCEN Vet to Tackle Crypto’s New ‘Travel Rule’ Challenge
26.6.2019
Chainalysis has hired a FinCEN official to help crypto firms comply with tough new FATF data-sharing requirements