Tag Archives: crypto exchange

Chinese crypto exchange Huobi is planning to make its way back into the cryptocurrency spotlight. Like the Terminator, Huobi Is Saying “I’ll Be Back” Huobi shut down a few years ago as a means of complying with new regulations set forth by state regulators in China. One of the company’s co-founders – Du Jun – says that the firm is learning from past mistakes and that it’s looking to fix all the missteps it took. One of the big goals of the company is to focus on areas...

It has happened again, folks. Another big crypto-related crime has been added to the books, and this time, the lost figures are more than what could have ever been anticipated. Two brothers that opened a crypto exchange in Africa known as Africrypt have made off with more than three and a half billion dollars in customers’ digital money. Africrypt May Be the Biggest Crypto Theft in History The brothers – known as Ameer Cajee and Raees Cajee – founded the cryptocurrency...

As those of us in the crypto space realize, the world of bitcoin and digital assets has a nasty habit of attracting bad actors and financial crime. The latest scheme involves messaging service Discord and ads promoting free cryptocurrency for users.Discord Users Need to Be On the LookoutAs the old saying goes, “Nothing in life is free,” and many Discord users are learning this lesson right about now. Researchers with Kaspersky Labs have issued a warning to customers of the messaging firm,...

It’s happened again, folks. Another cryptocurrency exchange has confirmed a hack. This time, the alleged victim is the trading platform Liquid, which said in a statement that it’s still investing the specifics of the attack including how much was potentially compromised and who might be responsible.Liquid Is the Latest Subject of a CyberattackIn a blog post, the company’s man in charge Mike Kayamori mentioned what occurred:“On the 13th of November 2020, a domain name hosting provider that...

It’s happened again, folks. Another innocent, unsuspecting cryptocurrency exchange has fallen victim to hackers and lost millions in digital funds. This time, the target was Ku Coin in Singapore, one of Asia’s most popular crypto trading platforms, and the total taken exceeds $150 million.Ku Coin Was Hit HardThe exchange made the following announcement on its website:We detected some large withdrawals since September 26, 2020. According to the latest internal security audit report, part of...

It’s happened again, folks. Another cryptocurrency trading platform has been compromised by unseen malicious actors. This time, the victim is 2gether, a European crypto exchange that allows people to sell, buy and trade bitcoin and other digital currencies without incurring additional fees.2gether Is the Latest Exchange to Be CompromisedThe hackers made off with more than one million pounds-worth of digital assets. 2gether’s native coin, known as the 2GT token, was set to be released to the...

Diginex is establishing a new cryptocurrency trading platform in Singapore, which has become a recent hubbub of crypto activity in the last few years.Singapore Has a Growing Crypto MarketAt the time of writing, the platform is exempt from necessary licensing procedures, meaning it can operate without having all its paperwork in order. In addition, the company is planning a Nasdaq listing in the coming weeks, so traders should be on the lookout if they are also intrigued by more traditional...

An African cryptocurrency exchange known has SAFCOIN has opened its doors for business, and the trading platform allegedly offers zero-fee trading to its customers.SAFCOIN Is Ready for African TradersSAFCOIN is reportedly one of the first exchanges to offer such a benefit. In addition, it provides users with what it calls an “easy and accessible” interface that should make trading as easy as one, two, three. The exchange has early and first-time traders in mind and is trying to make things as...

Remember Live Bitcoin News’ coverage of Einstein Exchange, the now defunct cryptocurrency exchange stationed in Canada? Remember how the company took roughly $16 million of customers’ money with it? Well, turns out a lot of that money is lost, and Einstein now only possesses about $45,000 of its previous total.Einstein Exchange: Losing Money QuicklyMost of the remaining money is made up of “hard assets,” according to an official statement, with about $15,000 comprised of various...

It is quite challenging to determine whether digital assets should be more like the traditional fiat. However, it appears like they are moving in that direction and this is a considerable step. The crypto data provider CoinMarketCap has now launched a new page. In this page, it publishes interest rates provided by different digital assets. The new data now comes in handy in helping the users compare and select a suitable product.The page, known as “Interest by CoinMarketCap”, launched on...