In the coming days, Huobi will change over from its current HUSD system to the new ERC-20 token. Huobi cryptocurrency exchange will transition its HUSD token from its current stablecoin system to an ERC-20 token through a partnership with crypto startups Stable Universal Limited and Paxos Trust Company. Per a press release published on July […]
Continue Reading
A temporary ban on Faster Payments means U.K. cryptocurrency traders must send funds via SWIFT. United States cryptocurrency exchange Coinbase has abruptly imposed a minimum deposit amount of 1,000 British Pounds ($1,240) for United Kingdom account holders, staff confirmed in private emails on July 16. Coinbase Suspends Faster Payments Deposits in U.K. Coinbase, which previously […]
Continue Reading
Bitpoint incident continues the streak of hacks targeting Japan-based exchanges. On July 12, 2019, Tokyo-headquartered cryptocurrency exchange Bitpoint promptly suspended its services after noticing an error in the outgoing funds transfer system. Soon, an official announcement followed, revealing that the trading platform had lost around 3.5 billion yen (roughly $32 million) as a result of […]
Continue Reading
The cryptocurrency exchange Binance has successfully hardforked its mainnet to version v.0.6.0: Galileo. Major cryptocurrency exchange Binance has completed an upgrade to its mainnet. The latest iteration is called Galileo — v.0.6.0 — as announced by Binance on July 15. According to the announcement, there are four major changes implemented in Galileo: the matching engine […]
Continue Reading
Fundstrat Global Advisers co-founder Thomas Lee said that the recent Bitcoin pullback is healthy. Fundstrat Global Advisers co-founder Thomas Lee wrote that the recent Bitcoin (BTC) pullback is healthy in a tweet on July 14. In his tweet, Lee also addressed concerns over the recent decrease in Google searches for Bitcoin: “As for the search […]
Continue Reading
Japanese cryptocurrency exchange Bitpoint has reportedly discovered some of its funds that were stolen in a hack last week. Japanese cryptocurrency exchange Bitpoint has discovered over 250 million yen ($2.3 million) in cryptocurrency — part of a $32 million sum that was stolen last week, local English language daily The Mainichi reports on July 14. […]
Continue Reading
Major cryptocurrency exchange Binance announced that it completed the eighth Binance Coin token burn and that it intends to also burn the tokens allocated to its team. Major cryptocurrency exchange Binance announced that it completed the eighth Binance Coin (BNB) token burn and that it intends to also burn the tokens allocated to its team […]
Continue Reading
Stablecoin operator Tether mistakenly minted five billion USDT tokens on the Tron blockchain. Stablecoin operator Tether accidentally minted and subsequently burned 5 billion USDT tokens, Whale Alert tweeted on July 13. Whale Alert — a Twitter account dedicated to reporting large cryptocurrency transactions — noted that 50 million USDT tokens were transferred from cryptocurrency exchange […]
Continue Reading
Most cryptocurrencies are plunging. Is it a good time to buy or will the correction deepen? Let’s look at the charts. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research […]
Continue Reading
The Ethereum smart contract of 0x decentralized exchange protocol has been suspended after the discovery of a vulnerability in its code. The Ethereum (ETH) smart contract of 0x (ZRX) decentralized exchange (DEX) protocol has been suspended after a vulnerability has been uncovered in its code, the project’s team announced in a Medium post published on […]
Continue Reading