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Following the theft of 342,000 Ether (ETH) ($50 million) from major South Korean crypto exchange Upbit, some commentators have suggested that the hack was actually an inside job.As CryptoX contributor Joseph Young tweeted on Nov. 27:“The ‘hacker’ timed when UPbit was making crypto transfers to its cold wallet (other
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In an announcement released on Monday, the crypto exchange BitBay has affirmed that it will stop its support for the cryptocurrency Monero (XMR). The trading platform will stop its support on 19th February, 2020.Monero is a privacy-oriented digital coin. To keep up with the market standard, BitBay has decided to
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In fact, more than $100 million worth of multiple cryptocurrencies have been sent out from Upbit today. However, the exchange said all other transactions, apart from the abnormal ethereum outflow, were the exchange moving cryptos from hot wallets to cold wallets to prevent their theft. Source
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A Ukrainian government official said that United States cryptocurrency exchange Bittrex sought to collaborate with the Ukrainian government on developing the country’s cryptocurrency industry.In a Nov. 20 interview with domestic blockchain media outlet ForkLog,. Deputy Minister of Digital Transformation Alexander Bornyakov claimed that Bittrex contacted the Ukrainian government to
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A federal judge denied a bitcoin user's petition to stop the IRS from gathering data about his cryptocurrency holdings from the Bitstamp exchange. Original Source
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"As a licenced exchange, BitBay has to follow the market standards. Compliance with market standards and regulations allows us to provide our clients with legal security and convenience of using the exchange, with the participation of a friendly banking system and the availability of payment operators," BitBay said. Source
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The embattled crypto exchange Bitfinex replied to a class action lawsuit made against the company and its sister company Tether in a post on the company website, published on 24th November.The post briefly details the class action complaint filed on the 22nd November, issued in the U.S District Court for
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Bitcoin was designed as a peer-to-peer cryptocurrency, but as the network expanded, there was no way to avoid the growing influence of centralized crypto exchanges. Soon after Bitcoin’s launch, more people wanted to enter the system. While mining was an affordable option at the time, buying crypto with fiat
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On 25 November 2019, the Gocrypto (GOC) token will start trading on Bitcoin.com Exchange. The new SLP token enables merchants with physical
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OKEx, the largest digital assets exchange platform has achieved yet another milestone with the CryptoCompare Exchange Benchmark report placing it among the top 10 cryptocurrency exchanges in the world, at number 6. This is not the first time OKEx has been featured in the CryptoCompare reports. In fact, recently the
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