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Bitcoin Exchange Backed by Pomp, Song and Woo Removes Trading Fees to Contend With Coinbase, Gemini

Upstart crypto exchange LVL wants to take on U.S. giants Coinbase and Gemini by removing trading fees.Announced today, LVL (pronounced “level,” as in playing field) is making its entire service free to use. LVL, which is backed by Morgan Creek Digital’s Anthony Pompliano and Bitcoin advocates Jimmy Song and Willy

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Crypto Exchange Upbit Brings in Withdrawal Delay in Bid to Tackle Fraudsters

South Korea-based exchange Upbit has announced a limited cryptocurrency withdrawal delay in an effort to protect user accounts from malicious attacks. Scheduled to take effect on Nov. 28, the new restriction will only allow users to withdraw digital assets equal in value to the total of Korean won (KRW) deposited

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OKEx users move crypto off exchange as withdrawals resume

 After a five-week-long suspension of all user withdrawals, cryptocurrency exchange OKEx  resumed normal services at 8:00 am UTC on Nov. 26.Having announced the re-opening last week, OKEx then indicated it would be launching a compensation and rewards program to express its gratitude to customers for holding out during the disruption. These programs include commission rebate

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Colombian Stock Exchange to use blockchain for OTC derivatives trading

The Colombian Stock Exchange announced it is joining the Consorcio Colibrí, a private initiative that promotes the adoption of blockchain technology within the finance industry.As Cryptox Español reported on Nov. 18, Consorcio Colibrí was formed by major financial institutions such as Bancolombia, BBVA, Santander Caceis Colombia, Deceval, Contrato Marco, Porvenir

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Hacked Crypto Exchange KuCoin Resumes Deposit, Withdrawal Services for All Tokens

KuCoin, the Singapore-headquartered digital asset exchange that was hacked to the tune of $281 million in September, said it’s restored the deposit and withdrawal services of all tokens  as of Sunday.KuCoin’s $281 million security breach is among the largest in cryptocurrency history. One or more hackers obtained the private keys to

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Poloniex exchange goes down on the brink of new Bitcoin all-time high

With a new all-time price high in sight for Bitcoin, crypto exchange Poloniex recently went offline.“Poloniex is currently unavailable due to an unexpected issue,” the exchange’s customer support Twitter page said on Friday. “We are investigating the issue and will keep you updated here throughout.”Bitcoin has yielded exuberant upward price

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