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Binance Clients Just Got an Idea: Compensation


After the hack of cryptocurrency exchange Binance, with the news that the deposits and withdrawals will be resumed, some of their clients are wondering “will there be compensation?” As a part of their third update on the security incident released yesterday on the company’s blog, and after...

Bitcoin and Altcoins Still May Regain Momentum This Week


This past week, we saw heavy gains in bitcoin above USD 7,000. BTC/USD gained more than USD 1,500 and traded close to the USD 7,550 level. Later, it started a downside correction below the USD 7,240 and USD 7,000 levels. However, the USD 6,750 level acted as a support and the price recently...

Bitfinex Raises USD 1 billion, CTO Claims


Major cryptocurrency exchange Bitfinex "is able to raise" 1 billion tethers (c. USD 1 billion) "in 10 days, in a private sale," Paolo Ardoino, Chief Technical Officer of the exchange, confirmed, later adding that the investments "were made." "Private companies, giants in our industry and outside...

Lawmaker Offers New Hope for ICOs in South Korea


South Korean National Assembly building. Another glimmer of hope has appeared for South Korea’s crypto-community, with politicians set to debate a law that could open the door for conditional initial coin offerings (ICOs). South Korea imposed a blanket ban on all forms of ICO in 2017, and earlier...

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