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The world’s biggest cryptocurrency exchange is adding a “couple of million” members every week as the crypto-craze shows no sign of abating. Hong Kong’s Binance.com added 240,000 new users in just an hour on Wednesday, after the company lifted a temporary suspension of new registrations it had put in place due to high demand.  “We…
According to a report by US blockchain forensics firm CipherTrace, crypto asset exchange platforms have already lost $1.2 billion in the first three months of 2019. This represents a substantial increase from last year. Hackers make light work of compromising the often inadequate security precautions implemented by crypto exchanges. Those responsible also frequently make off…
Following the demise of one of Poland’s largest crypto exchanges last week, news is breaking today that one in Japan has just been hacked. Bitpoint Suspends Services An official announcement today stated that Japanese crypto exchange Bitpoint has suspended services following a heist to the tune of around $32 million in crypto assets. A Boomberg…
In times gone by, any exchange breach or hack would have set shock-waves through the crypto community and sent markets plunging. It may be a sign of a maturing market but the aftermath of the Binance breach has not really been that bad for Bitcoin in the grand scheme of things. Bitcoin Price Reaction Within…
It isn’t a secret that the past few weeks in the crypto ecosystem have been tumultuous ones. As Bitcoin (BTC) rallied past $5,000, sparking claims that the bottom is in, Australian cryptographer Craig Wright and his crew, all fans of Bitcoin Satoshi’s Vision (BSV), found themselves in a few tussles on Crypto Twitter. It wasn’t…
Winklevoss brother’s crypto exchange Gemini has recently partnered with the financial and infotech services arm of British Telecom in a deal that will open the doors to thousands of exchanges, brokers and fintech institutions. BT Cloud Broker Community Gets Crypto In a press release the British multinational telecommunications company announced that New York based leading…
The CEO and founder of the Canadian crypto exchange QuadrigaCX reportedly signed his last will and testament just days before his death. Gerard Cotten passed away in December last year in India and apparently neglected to leave copies of the exchange platform’s cold-storage access, leaving the company and its customers out of pocket. The beneficiary…
One of the world’s largest crypto exchanges could soon be publicly traded in the US through a reverse merger. A Singapore based holdings company which has a majority stake in one of Korea’s top exchanges is looking to get listed by acquiring an already publicly trading company. Bithumb Could Get Listed Without an IPO A…
Thailand is rapidly becoming one of the most crypto friendly nations in Southeast Asia despite still being in the grips of a military dictatorship. The Stock Exchange of Thailand (SET) has plans to apply for a digital license which will enable it to operate a cryptocurrency exchange. Thai Bourse Eyes Crypto The SET is keen…
Bear market or not, Binance has been one of the crypto industry’s biggest shakers and movers in 2018. The exchange has undergone massive expansion both geographically and internally with a raft of new products and services. Chief Executive,  Changpeng “CZ” Zhao, has rounded up the year and posted a few thoughts for the coming one.…