Police summon Bithumb chairman for questioning over alleged fraud

Police raids on the Bithumb offices are apparently not just FUD as more investigation reports come in. The drama over alleged fraud involving Bithumb’s senior executives continues as the company’s chairman has reportedly been summoned for interrogation. The Seoul Metropolitan Police Agency is purportedly seeking to question Lee Jung-hoon, chairman of board at Bithumb Korea […]

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Cointelegraph Consulting: ERC-20 token’s market cap overtakes Ethereum’s

Can the price of ERC-20 tokens grow while Ethereum stagnates? The latest findings by Santiment, published in Cointelegraph Consulting’s biweekly newsletter, suggest that Ethereum is temporarily being ‘professionalized’.  Since the September 2nd market crash, the combined market capitalization of all ERC-20 assets has overtaken Ethereum’s own market cap, with the differential between the two continuing to […]

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Binance’s US arm joins Chicago DeFi alliance

Binance’s interest in DeFi expands globally. The United States arm of Binance, the world’s largest cryptocurrency exchange,  has entered a major organization focused on decentralized finance, or DeFi. According to a Sept. 17 blog post, Binance.US has officially joined the Chicago DeFi Alliance. Also known as the CDA, the association is backed by crypto fund […]

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Two major crypto exchanges are teaming up to push the industry forward

Two exchanges, one goal. Crypto exchange KuCoin has unveiled dealings with another exchange, Poloniex, in an effort to move the crypto industry forward.    “KuCoin and Poloniex will join hands in trading technology research and development, liquidity sharing, product iterations, PoS [proof-of-stake] and PoW [proof-of-work] mining pools, and other industrial exploration,” said a statement provided […]

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