A UK financial watchdog hastily retracted an official warning about Kraken after apparently confusing the exchange with scammers — but a similar warning about BitMEX remains active. A UK financial watchdog hastily retracted an official warning about Kraken after apparently confusing the exchange with online scammers — but a similar warning about BitMEX remains active. […]
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Changpeng Zhao, the co-founder and CEO of major crypto exchange Binance, did not appreciate the public help offer of the CEO of competing exchange OKEx, Jay Hao. Changpeng Zhao, the co-founder and CEO of major crypto exchange Binance, did not appreciate the public help offer of the CEO of competing exchange OKEx, Jay Hao in […]
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A Protocol Labs General Council member bashed the current crypto tax scene at a recent congressional hearing on blockchain tech. In a United States congressional meeting titled “Building Blocks of Change: The Benefits of Blockchain Technology for Small Businesses,” one of the testifying witnesses called out current cryptocurrency taxation expectations for their overbearing complexity. “Doing […]
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A theory has emerged that miners tend to sell before the halving to accumulate enough Bitcoin to finance their operations. The price of Bitcoin (BTC) has dropped right before and after the two previous block-reward halving events in 2012 and 2016. BTC is demonstrating a similar trend approaching the May 2020 halving. A theory has […]
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Adam Todd, CEO at Digitex Futures Exchange, reveals that the exchange will completely take down all KYC as of April 2020 in response to earlier data leakage. While some global cryptocurrency exchanges move to expand Know Your Customer (KYC) rules, some major rivals claim that crypto platforms don’t need KYC at all. Digitex, a Seychelles-based […]
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Chicago-based Fintech company FinTank looks to launch a national SRO to help the crypto regulatory scene. Chicago-based fintech startup FinTank aims to launch a national self-regulatory organization, or SRO, in the United States. Headed up by former Chicago Board Options Exchange, or CBOE, trader David Carman and partner George Vukotich, FinTank’s SRO “will help regulate […]
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2020 has already been remarkably eventful for the crypto industry, and security breaches are no exception. As the cryptocurrency industry continues to mature, security remains a major challenge. Over the last few weeks, a number of cryptocurrency exchanges — namely, OKEx, Bitfinex, Digitex and Coinhako — have experienced security breaches. Although the attackers apparently did […]
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Reaction to financial stimulus promises among market investors is “unbelievable,” one commentator says, as Bitcoin firmly avoids celebrating. Bitcoin (BTC) continued to fluctuate around its key 200-day moving average price on March 3 as traders expressed mounting concern over traditional markets. Cryptocurrency market daily overview. Source: Coin360 BTC price shuns exuberance Data from Coin360 and […]
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An ex-employee of crypto exchange Digitex has leaked KYC documentation for and claims to have data for over 8,000 users. An ex-employee of cryptocurrency derivatives exchange Digitex began leaking stolen Know-Your-Customer (KYC) on Telegram. The stolen data reportedly includes passport and driving license scans and other sensitive documentation pertaining to more than 8,000 Digitex customers. […]
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Denial of service attacks are hitting both Bitfinex and OKEx, crippling the exchanges for short periods of time as Bitfinex CTO calls the attacks highly sophisticated. Cryptocurrency exchanges OKEx and Bitfinex are suffering multiple denial of service attacks. It is unclear as of now if the attacks are connected, though OKEx CEO blamed competitors on […]
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