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)…
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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…
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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…
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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…
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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…
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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…
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Binance, one of the dominant cryptocurrency exchanges, which recently faced backlash over a $40 million-hack, has partnered with the decentralized financial platform Cred in order to help with the mainstream of cryptocurrencies and promote finance decentralization. The partnership will bring cryptocurrency borrowing and lending services to the Binance ecosystem. The Chief Growth Officer at Binance…
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Rakuten Wallet is launching a cryptocurrency exchange in Japan, and for this, it has partnered with the security company CipherTrace for all Anti-Money laundering procedures or AML compliance. The information comes from RTT News. The partnership is expected to drive trust and security in the market. Rakuten Wallet is part of the Japanese e-commerce company…
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The highly anticipated crypto guidelines from the Financial Action Task Force (FATF) may cause crypto zealots to go on the warpath. G20 financial officers will review and adopt the new FATF guidelines at their next meeting in June in Japan, but insiders that have already had a look reveal that the crypto industry may be technically…
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Cointelegraph Japan just announced that Japanese cryptocurrency exchange, Taotao, has confirmed that it will launch its trading services on May 30th, 2019. Yahoo! Japan owns 40% of the exchange. Trading on Taotao will first include ether and bitcoin only. In addition, investors will be able to trade on margin the following: Bitcoin cash, Litecoin and…
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