Tag Archives: Exchange News

It’s happened again, folks. Bad actors have made their presence known in the cryptocurrency space and another exchange has been targeted in what appears to be a rather expensive hack. Harvest Finance, a web portal that allows consumers to trade and invest digital currencies and then garner interest on their holdings, has been targeted, and reports losing as much as $24 million in a recent attack.Harvest Finance Is the Latest Hacking VictimThis is nothing new, and at this stage, it’s likely...

Now that PayPal has permitted the buying and selling of bitcoin and other forms of crypto on its site, it would appear the company fancies itself the ultimate crypto platform, and apparently, it’s looking to expand its horizons with the potential purchase of exchanges like Bit Go.PayPal Has Its Sights Set on Bit GoPayPal announced early last week that it would allow users to purchase items and services with cryptocurrency through its platform. In addition, people could also trade and purchase...

OKEx – one of the largest cryptocurrency exchanges in the world – has been trapped in some legal issues as of late.The Head of OKEx Has Been Taken Into CustodyJust last week, it was reported that the company had suspended all withdrawals, alleging that it had lost access to one of the private keys necessary for maintaining funds and keeping transaction records. However, it is now being alleged that the founder of the exchange was arrested and taken into custody, and that this is the real...

The trial of Alexander Vinnik – the man allegedly responsible for a ransomware system that stole more than $157 million – has begun in Paris.Vinnik Will Now Stand Before a JudgeThe story behind Vinnik and his capture is a strange one. Vinnik was initially part of a cryptocurrency exchange known as BTC-e, which at one point, was one of the world’s largest crypto trading companies.Throughout his time with the trading platform, he served as a technical programmer, though it is said that he...

Leading crypto wallet Bit Berry has signed an MOU with OKEx, one of the world’s biggest cryptocurrency trading platforms. The document states that each company will work with the other to further establish each enterprise’s digital wallet technology. In addition, Bit Berry will list the exchange’s native currency OKB, giving its clients access to an entirely new coin.OKEx and Bit Berry Join HandsAt the time of writing, Bit Berry is stationed in South Korea and boasts more than 100,000...

For the first time in it’s long and prominent history, Coinbase – a leading cryptocurrency exchange in the western hemisphere – has announced it will be sponsoring two separate bitcoin developers.Coinbase Is Moving in a Whole New DirectionThis marks a serious change for the trading platform, who in the beginning, has refused to take such a position when it comes to bitcoin and cryptocurrency developers. However, the company has taken quite a bit of backlash over the years for refusing to take...

Peer-to-peer (P2P) bitcoin trading platform Paxful has announced it is joining hands with popular South Korean cryptocurrency exchange Bithumb Global, arguably one of the largest and most influential exchanges throughout the country.Bithumb and Paxful Are Now Working TogetherThanks to this new partnership, Paxful will have access to more customers in Asia. Bithumb currently boasts roughly one million mobile app users and eight million registered exchange users. In addition, the company...

According to popular cryptocurrency exchange Kraken, the price of bitcoin could find itself 11 percent higher by the end of October.Kraken: This Will Be a Good Month for BTCThe San Francisco-based trading platform has recently released its September report, which suggests that this month’s price could jump by an additional ten percent. This marks a complete reversal from where bitcoin stood just last month. September is typically the worst-performing month for bitcoin each year. By contrast,...

A new report is out thanks to the work of both Tie and the cryptocurrency exchange e-Toro. According to the document, cryptocurrencies everywhere are continuing to mature at a rapid rate.e-Toro Lets Us in On New Data About CryptoThe latest material in the report contradicts several anti-crypto theories that they are either not real assets or are strictly driven by the fear of missing out (FOMO). In addition, cryptocurrencies are suggested to be completely unique and do not share market...

Unocoin – the first cryptocurrency exchange established in India – has just completed a Series A funding round that has garnered the company as much as $5 million from the likes of Tim Draper and other top-notch crypto investors.Unocoin Heads Into Uncharted TerritoryIndia is facing a massive crisis in that regulators are now looking to potentially ban digital trading, rather than simply business and banking relationships between crypto firms and traditional financial institutions. Many...