Tag Archives: Exchange News

Coinbase – one of the largest and most popular cryptocurrency exchanges in the world – announced earlier in the week that it is taking heavy action against Russian accounts on its platform. The company has worked to block as many as 25,000 separate crypto accounts allegedly stemming from Russia and that are believed to be involved in illicit activity. Coinbase Works Against Russian Accounts In addition, Coinbase says that it is revamping its efforts to push against...

Members of Congress like Senator Elizabeth Warren – a democrat of Massachusetts – have written a letter to Janet Yellen, the Treasury Secretary under Biden, to ensure that crypto exchanges are working with the U.S. government to ensure that sanctions imposed on Russia are being fully complied with. Elizabeth Warren Is Worried Crypto Can Help Russia Elizabeth Warren – along with Senators Sherrod Brown, Mark Warner, and Jack Reed – want to make sure that crypto exchanges...

Chingari – a short video application based in India – has unveiled its new cryptocurrency GARI, which is slated to begin trading on the India-based cryptocurrency exchange Coin DCX. Chingari in India Will Have Its Own Crypto The move comes at a rather strange – and potentially inopportune – time given that India is still very much up in the air when it comes to the fate of cryptocurrency. The country has had one of the most unstable relationships in the world with...

Bitcoin hasn’t been doing too well as of late. The invasion of Ukraine by Russia and several other factors have caused the world’s number one digital currency by market cap to fall heavily over the past week or two, and now – according to Du Jun, the chief executive of crypto exchange Huobi – bitcoin isn’t likely to experience another bull run until the end of 2024. Du Jun of Huobi Thinks Bitcoin Will Stay Low for Nearly 3 Years Du Jun recently made headlines when he...

Popular cryptocurrency exchange Coinbase has a white hat hacker to thank after he discovered a potential security flaw that could have resulted in devastating losses for customers. Coinbase Could Have Been Stuck in a Rut The security engineer who discovered the problem goes by the name Tree of Alpha. A real name is unknown at the time of writing, though this white hat hacker has ultimately garnered a bounty of about $250,000 from Coinbase due to his recent discovery....

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...

Avenue Securities – a brokerage in Miami, Florida that allows native Brazilians to invest in the United States – is opening its doors to cryptocurrency. The company announced that it has plans to begin trading digital assets like BTC beginning next month. Avenue Securities Turns Towards Crypto Roberto Lee – the chief executive officer and founder – explained in a statement that his firm has seen a lot more demand for crypto-related services from customers, and thus he...

Deputy Attorney General Lisa Monaco says that a new division of the Federal Bureau of Investigation (FBI) has been formed to crack down on cyber fraud and tackle bad actors in the crypto space. Lisa Monaco Says Crypto Security in the U.S. Is a Big Deal The United States as of late appears to be putting the crypto industry at the forefront of its priorities list, though this hasn’t always been a good thing. The recent infrastructure bill passed last summer, for example,...

Jennifer Robertson – the widow of Gerald Cotton, the man behind the Quadriga CX crypto exchange in Canada – is allegedly getting death threats from customers that wound up losing access to their funds due to the death of the company’s founder. Jennifer Robertson Is Taking Some Heat Cotton passed away due to intestinal problems while performing charity work in India in 2018. Cotton was the only man who had the private keys to access the more than $200 million in digital...

Dr. Anders Apgar is the latest victim of a crypto scam that utilized bots to steal most of the digital currency he had been adding to his account over the past several years. How Dr. Anders Apgar Walked into the Thieves’ Hands The scam began with a series of what he thought were robocalls and naturally, he tried to ignore them. However, the calls kept on going, and eventually, his wife started to get buzzes on her phone. Eventually, Apgar decided he couldn’t ignore them...