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Avoiding QuadrigaCX’s $190 Million Disaster: How Do the World’s Largest Crypto Exchanges Store Funds?

Canada’s largest crypto exchange QuadrigaCX lost more than $190 million worth of user funds and is unable to reimburse its users. As CCN reported on February 1, the founder and CEO of QuadrigaCX passed away in India with sole control over the company’s cold wallets containing more than $150 million in cryptocurrencies like Bitcoin and Ethereum, and $40 million in cash stored with a third party. дальше »

2019-2-3 11:48


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New Exchange Security Scoring Model Offers Insurance Rates for Coin Holders

International cybersecurity solutions provider Group-IB has come up with a scoring model to grade crypto exchanges based on their level of security. The scoring model was created by Group-IB in conjunction with Swiss-based Cryptolns (which is operated by Swiss insurance broker APIS AS), and the grading is intrinsic to CryptoIns’ new cryptocurrency exchange insurance, which will allow exchange users to cover up to 15 BTC worth of digital assets held in their exchange accounts. дальше »

2018-11-13 00:43


US Losing Out on Crypto Trading to Overseas Exchanges

In a story gone all wrong for cryptocurrency exchanges in the United States, Coinbase has lost as much as 83% of its trading since January. The lucky winners of Coinbase loss were made outside of the USA in the exchanges of Malta and others Research by business firm, Bernsteinn said that Coinbase though expected to […] The post US Losing Out on Crypto Trading to Overseas Exchanges appeared first on ZyCrypto. дальше »

2018-8-20 23:07


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South Korea Exchange Bithumb Stops Withdrawls After Hack

$30 million worth of undisclosed cryptocurrencies has been stolen from Bithumb, one of the largest crypto exchanges in South Korea by trading volume. As it was officially announced the Seoul-based crypto exchange Bithumb had become a victim of a hack and had lost $30 million worth of undisclosed cryptocurrencies. Currently, Bithumb is considered to be дальше »

2018-6-20 13:47


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