Cryptocurrency Analysis and News Portal
Tawanda Kembo, the founder and CEO of the Zimbabwe-based crypto exchange Golix, is claiming that he has lost the private key to his company’s digital wallet. As a result, the customers of the cryptocurrency exchange are unable to access their funds.The timing of the announcement hints at a sinister motive.
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The Malta Financial Services Authority (MFSA) has received queries from 21 cryptocurrency exchanges seeking licensure under the Virtual Financial Assets (VFA) Act.21 firms out of 34 potential VFA providers are crypto exchangesAccording to an official announcement on Nov. 1, the 21 exchanges are among the 34 prospective VFA service
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Malta-based crypto asset exchange OKEx is the latest name to join the blockchain project of the Korean social messaging giant Kakao. OKEx said in a press release that it hopes its involvement with Klaytn, as the public network is called, will help encourage blockchain adoption around the world.The public blockchain
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As Japan and South Korea — two of the largest cryptocurrency exchange markets in Asia — are increasingly pressuring exchanges to delist privacy-focused crypto assets, and concerns are rising that it could lead to more markets, at least in Asia, to follow the trend of the two major countries.Meanwhile,
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Almost half of all people working in the blockchain industry are employed by cryptocurrency exchanges, new research from industry-focused publication The Block reveals.The Block published the research results on Oct. 23, stating that 42% of people at 158 analyzed companies work for digital currency exchanges, with around 7,700 people
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American entrepreneur and staunch crypto advocate, John McAfee, has argued for the importance of stablecoins for decentralized exchange (DEX) adoption.McAfee made his argument in a tweet posted on Oct. 20.Stablecoins as an interim solutionMcAfee’s video begins by tackling the main obstacle to crypto-fiat currency conversions that use of a
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Earlier this week, British-American entrepreneur John McAfee, who is currently living “in exile” due to tax-related charges filed against him by the United States authorities, launched his own decentralized exchange (DEX). The expressive crypto advocate’s McAfeedex.com is running on the Ethereum (ETH) blockchain, and, in McAfee’s own words, it is
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6.7% of the entire circulating supply of Bitcoin (BTC) is held on the wallets of eight major cryptocurrency exchanges, according to Twitter account The Token Analyst.“Exchanges are the biggest HODLers”On Oct. 8, the Token Analyst, a Twitter account that provides real-time and historical blockchain data, wrote that throughout Bitcoin’s
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The World Federation of Exchanges (WFE), a global trade association of publicly-regulated exchanges, has appealed to the United Kingdom’s Financial Conduct Authority (FCA) to not restrict cryptocurrency derivatives for retail investors.The WFE made a statement on Oct. 7 in response to the British financial regulator’s consultation paper on a
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The battle cry of the cryptocurrency industry has been one of decentralization, or one without any centralized authority. It is this distinguishing feature that sets the blockchain space apart from other sectors and cryptocurrencies like bitcoin from other assets. No central bank, bankers, or government controls it, and
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