Noncustodial Crypto Exchanges, Explained

Noncustodial exchanges represent a middle ground between centralized and decentralized exchanges while performing fast crypto conversions What are the disadvantages of NCEs? Much like decentralized exchanges, users have full control of their private keys and are thus responsible for the transactions they make. The onus is on a user to provide the correct address when […]

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Bitpoint Hack Shows That Regulators’ Scrutiny Does Not Equal Safety

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 […]

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