Another cryptocurrency exchange has been the subject of a potential theft. This time around, the victim is IDAX, and its CEO is accused of stealing the private keys that allows access to customer funds.IDAX: The Latest Victim of Crypto ThieveryIf this doesn’t sound familiar, it should. The situation is basically a play on what happened earlier this year with Quadriga CX, the notorious cryptocurrency exchange in Canada that’s been responsible for the loss of roughly $200 million crypto funds....
Read More »No, The RBC Is NOT Building a Crypto Exchange!
Well, this is disappointing. After all the hype and hoopla, after all the hope that Canada may be taking an important and crucial next step towards furthering the cryptocurrency space, it turns out that rumors of the Royal Bank of Canada (RBC) creating its own cryptocurrency exchange were simply that… Rumors.RBC Dispels All RumorsThe Royal Bank has emerged to state that it is not creating, nor does it have any plans to create a cryptocurrency trading platform in the future. While the...
Read More »Royal Bank of Canada to Open New Crypto Platform
The Royal Bank of Canada (RBC) is creating a new cryptocurrency platform.Cryptocurrency Trading By Way of Canada, Eh…The institution is not necessarily joining the ranks of countries like the United States and China, which are setting their sights on national digital currencies designed to track user performance. This is not a centralized platform, but one similar with everyday crypto exchanges like Coinbase and Binance. The platform being offered by the bank will provide traders with access...
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