Avelacom and Gemini to provide enhanced connectivity for crypto markets LeapRate

July 18, 2019 BY Valentina Kirilova

Avelacom and Gemini to provide enhanced connectivity for crypto markets

Global connectivity and IT infrastructure provider for the financial services industry, Avelacom, announced that it has added Gemini Trust Company, LLC, a digital asset exchange and custodian, to its list of cryptocurrency exchange tech vendors in Equinix’s NY5 data center. Avelacom’s and Gemini's clients can now connect directly to the exchange’s infrastructure to access market…

July 17, 2019 BY Valentina Kirilova

Bitpoint hacking details – 55,000 clients impacted and $28 million lost

The beleaguered Japanese crypto exchange, Bitpoint, is beginning to reveal details of its recent compromise that occurred on July 12th of this month. It was originally reported that $32 million had disappeared from “Hot Wallets” at the exchange, but this figure has been reduced to $28 milliion. $19 million related to customer accounts, and $9…

July 11, 2019 BY Mariela Naydenova

This cryptocurrency exchange shuts down because of loss of liquidity

There are probably 100 reasons why a cryptocurrency exchange may shut down, the most probable one is usually a serious hack or weak "link" somewhere. Another reason is simply stolen funds. However, the Polish crypto exchange Bitmarket has shut down because of lack of liquidity. The exchange started operating in 2014. It has just announced…

July 02, 2019 BY Valentina Kirilova

Sumsub teams up with Exmo to improve customer onboarding and swift KYC

The crypto exchange for traders, EXMO, just announced that it has teamed up with Sumsub, experts in identity verification and compliance, to enhance digital identity verification and customer onboarding for their clients. Sumsub's AI-based solution automates identity verification and antifraud, providing compliance to relevant regulations and AML screening. New verification procedure enables a hassle-free online experience…

Mt. Gox trustee granted another delay for distribution plan for victims

June 27, 2019 BY Valentina Kirilova

Singapore-based crypto exchange Bitrue hacked, 9.3m XRP and 2.5m ADA stolen

Singapore-based cryptocurrency exchange Bitrue announced on its Twitter profile that it has been hacked for around 9.3 million XRP ($4.1 million) in user assets. The hacker used what they learned from this breach to then access the Bitrue hot wallet and move 9.3 million XRP and 2.5 million ADA to different exchanges. — Bitrue (@BitrueOfficial)…

Craig Wright – Satoshi Nakamoto imposter or not – Judge not impressed

June 27, 2019 BY Valentina Kirilova

Quadriga CX back in the news – E&Y report reveals sordid self-dealing

Quadriga CX – do you remember this strange Canadian crypto exchange caper where the CEO disappears, dies in India of complications from Crohn’s disease, but gives no one the passwords to access client monies, supposedly worth US$140 million in cold wallets at the exchange? For anyone that did follow this lurid case, the details got…

Binance seeks to curb SEC’s hunt for “fraud”

June 19, 2019 BY Valentina Kirilova

Binance breaks tradition by pre-announcing $81 million BTC block trade

Binance, the largest crypto exchange in the world by volume and now based out of Malta, has been making waves of late in the industry, many of which are viewed as controversial, as it blazes new trails and tiptoes around regulatory challenges thrown in its path. For a firm that has appeared to go out…

June 06, 2019 BY Mariela Naydenova

How hacking itself helped this crypto wallet provider to save $13 million

The cryptocurrency thefts are no joke. All around the world, especially where the more prominent crypto exchanges are situated, hackers will do anything to gain access to hot crypto wallets. Binance recently suffered from a major hack that was worth around $40 million of crypto. Now, a new way to save "yourself" from hacking may…

June 06, 2019 BY Mariela Naydenova

Despite rising prices, crypto exchanges in Holland and Poland are closing

Crypto Winter is over. Bitcoin and altcoin prices and volumes are soaring. Unfortunately, several crypto exchanges are experiencing hard times. Blockport, an Amsterdam-based cryptocurrency exchange, has declared bankruptcy, while it contemplates a re-launch. Polish cryptocurrency exchange Coinroom appears to have taken a direr path. It ostensibly shut its doors and exited stage left with customer…

Exclusive: Bittrex and Bitsdaq launch new crypto exchange, interview with CEO and Chairman Ricky Ng

June 03, 2019 BY Mariela Naydenova

Decentralized crypto exchanges are popular, but they may not be the future

The early visions of cryptocurrencies and blockchain technology attracted a supportive throng of libertarians and religious zealots, who envisioned a perfect world of peer-to-peer exchanges of value over totally private and decentralized crypto exchanges, or “DEX’s”, the term preferred in the digital world. Such exchanges would allow for an infrastructure free from government control and…

Category: Exchange

Avelacom and Gemini to provide enhanced connectivity for crypto markets

Bitpoint hacking details – 55,000 clients impacted and $28 million lost

This cryptocurrency exchange shuts down because of loss of liquidity

Sumsub teams up with Exmo to improve customer onboarding and swift KYC

Singapore-based crypto exchange Bitrue hacked, 9.3m XRP and 2.5m ADA stolen

Quadriga CX back in the news – E&Y report reveals sordid self-dealing

Binance breaks tradition by pre-announcing $81 million BTC block trade

How hacking itself helped this crypto wallet provider to save $13 million

Despite rising prices, crypto exchanges in Holland and Poland are closing

Decentralized crypto exchanges are popular, but they may not be the future

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