2018-6-26 09:00 |
A new exchange from South Korea leaked critical information about 19 of its users, potentially putting some $620,000 worth of cryptocurrency at risk.
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Due to recent security breaches and thefts among some large-scale cryptocurrency exchange platforms, the need for exchange insurance is booming. Many insurance companies, however, are hesitant to take the risk — citing their distrust in current security measures.
2018-6-26 03:00 | |
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Earlier this month, it was revealed that Eric Cheng, a Singaporean entrepreneur, spent all of his life savings and sold his properties including two Rolls Royces, Lamborghini, Ferrari, and a Porsche to acquire a 100 percent stake in a Japanese cryptocurrency exchange called BitTrade.
2018-6-23 15:30 | |
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Tether Ltd. , which issues a stable coin allegedly tied to U. S. dollar reserves, claims it has hired Freeh Sporkin & Sullivan LLP — a law firm co-founded by FBI Director Louis Freeh — to confirm its bank deposits and assure investors that its cryptocurrency is backed by USD.
2018-6-21 23:05 | |
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Exchange coins are becoming more and more important to ensure liquidity and trading, and as a hedge against Bitcoin risk.
2018-6-20 17:02 | |
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Australia’s Blockbid cryptocurrency trading firm has achieved a significant milestone yet again in the blockchain-based virtual currency industry by becoming the first crypto exchange in the globe to partner with a traditional risk management firm, in a bid to conduct more effective Know-your-customer (KYC) and Anti Money Laundering (AML) operations.
2018-6-18 18:57 | |
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This article does not contain tax advice, investment advice or recommendations. Every investment and trading move involves risk, you should conduct your own research when making a decision. William Hinman, the Securities and Exchange Commission’ director of the division of corporate finance said Thursday that ether—the currency that powers the Ethereum network—shouldn’t be regulated in […]
2018-6-17 23:47 | |
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All Cypherpunks value privacy; it’s basically the founding principle of the collective of cryptographers, academics, developers and activists grouped around the 1990s mailing list by the same name.
2018-6-15 23:31 | |
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Canada’s government has released draft regulations for “virtual currencies” with a consultation period of 90 days, saying that proposed regulatory changes could mean a loss of $60 million over 10 years for businesses that deal in cryptocurrencies but will improve Canada’s international reputation and make it easier for crypto businesses to deal overseas.
2018-6-13 20:24 | |
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Binance Coin (BNB) is currently up more than 5% against both US Dollar and Bitcoin (BTC) simultaneously. The cryptocurrency has been on a continued uptrend since mid March and eyes further gains now that it has broken out of the triangle it was trading in before.
2018-6-11 22:30 | |
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The AIOZ Network's token has seen a significant surge in market value, climbing over 17% in the last 24 hours to trade at approximately $0.85.
Kraken’s CF Benchmarks achieves dominance in the crypto ETF market with $24 billion in reference data, gears up for expansion amid unprecedented demand surge. CF Benchmarks, a branch of the cryptocurrency exchange Kraken, is making big gains from this year’s…
South Korean regulators are proactively addressing the rise in crypto crimes by considering establishing a permanent investigative unit.
South Korea, a nation long enamored with cryptocurrency, is tightening its belt on the digital asset frontier. Faced with a surge in crypto-related crimes, the country is bolstering law enforcement and implementing its first-ever comprehensive crypto regulation, set to take effect in July 2024.
Crypto.com, a global crypto exchange, recently postponed its much-anticipated retail market expansion in South Korea, originally scheduled for April 29. This strategic decision came just six days before the planned launch, and according to the report, this delay is due to the company’s need for more comprehensive engagement with local regulatory bodies. Related Reading: South Korean […]
The Singapore-based exchange is postponing its expansion plans for South Korea, citing the need to communicate with regulators. The post Crypto .com postpones expansion plans for South Korea, talks with regulators appeared first on Crypto Briefing.
The firm maintains the "highest" anti-money laundering standards in the industry, it said in a statement to CoinDesk.