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    A Crypto Trader Lost 20,000 ETH Due to OKEx Malfunction

    A crypto trader on cryptocurrency exchange OKEx claimed to lose 20,000 ETH (worth more than $5.1 million at that time) during the unexpected massive crypto drop on September 5. It happened in 23 minutes only for the malfunction of the exchange’s app, which, in fact, could be avoided. OKEx, the world’s second largest cryptocurrency exchange […]

    Bithumb $31 Million Crypto Exchange Hack: What We Know (And Don’t)

    On Wednesday, roughly 35 billion Korean won (around $31 million) in cryptocurrency was stolen by hackers from the South Korea-based exchange Bithumb. Although the breach may not be as severe as the $530 million hack of the Coincheck exchange earlier this year, the fact that Bithumb now ranks as the sixth biggest trading venue in […]

    Malta’s PM Welcomes Chinese Exchange Binance to EU State

    Malta’s Prime Minister has welcomed a Chinese cryptocurrency exchange to his country. Joseph Muscat personally signed the tweet welcoming Binance‘s operation to the island EU state. Muscat, who is also the Leader of the Labour Party in Malta, states it is part of their effort to be “the global trailblazers in the regulation of blockchain-based […]

    Growing Number of South Korean Crypto Exchanges Participate in Self-Regulation

    The number of cryptocurrency exchanges participating in self-regulation has nearly doubled in South Korea. The crypto self-regulation efforts are led by the Korean Blockchain Association which has recently launched with 66 members. The association also plans to develop standard price indices for the main cryptocurrencies. 25 Crypto Exchanges to Self-Regulate The Korean Blockchain Association has […]

    All Major Korean Cryptocurrency Exchanges Fail Privacy Tests – 30 Days to Improve

    The South Korean Communications Commission has conducted a survey of major cryptocurrency exchanges in the country and found them to have insufficient customer data protection. Eight exchanges have been sanctioned, with 30 days to resolve their issues and safeguard their systems. All Major Exchanges Are in Violation The South Korean Communications Commission (KCC) announced on […]

    There Are At Least Twice as Many Bitcoin Traders in Brazil as Stock Investors

    Bitcoin critics try to attack the cryptocurrency from all angles, but one thing no one can deny is that BTC has now completely captured the attention of the masses. According to figures in local reports, there are already more than twice as many people invested in bitcoin as those who trade stocks in Latin America’s […]

    This Week in Bitcoin: Up, Down and Sideways

    It was the best of times, it was the worst of times. From the hubris and excess of the North American Bitcoin Conference to the gloominess of the crypto markets, it’s been a feel-o-coaster of a week. Fear, uncertainty and doubt were the overarching emotions amidst a turbulent seven days, but there was also space […]

    Bitcoin Cash Added to Keepkey Wallet, Exchanges in India and Hong Kong

    Bitcoin cash (BCH) adoption by cryptocurrency companies is continuing, offering new options for users. It has now been added by a hardware wallet to its software client as well as by two more exchanges in Asia for trading. Furthermore, over 4,500 merchants in India may soon be able to accept payments in BCH.   Bitcoin […]

    Japan’s Largest Bank to Launch Cryptocurrency Exchange

    As bitcoin trading becomes the new mainstream in Japan, leading financial firms are stepping in to offer services to preserve their market share. MUFG, the largest bank in the country, is now planning to launch its own exchange, a pegged cryptocurrency and bitcoin segregated accounts for clients of other exchanges. MUFG Exchange and Pegged Coin […]

    Cryptocurrency App Users Increase 14-Fold in South Korea

    The number of cryptocurrency app users in South Korea has increased 14 times in the last 11 weeks to approximately two million users, according to a recent analysis. Users spend an average of 26 minutes using them daily and the majority of users are in their 30s. A 14-Fold Jump Application analytics company Wiseapp recently conducted […]