US Mt Gox Victims Score Legal Win Against Infamous Bitcoin Exchange

US Mt Gox Victims Score Legal Win Against Infamous Bitcoin Exchange

TweetShareMark Karpeles, the former CEO of the notorious Mt Gox, has lost the motion to strike a lawsuit against him on the grounds that plaintiffs – specifically the defunct bitcoin exchange’s US victims – are likely to be reimbursed eventually.The exchange’s former CEO spent nearly a year in a Japanese jail after being arrested and…

Embezzlement, $26 Million Loss Bankrupts Korean Crypto Exchange Coinbin

Embezzlement, $26 Million Loss Bankrupts Korean Crypto Exchange Coinbin

TweetShareCoinbin, the South Korean Cryptocurrency exchange which took over hacked exchange Youbit, is filing for bankruptcy with losses equating to over $26 million.Cryptocurrency and Cash Transactions StoppedAccording to reports by Business Korea, the bankruptcy announcement was made by Coinbin CEO  Park Chan-kyu on February 20, 2018. After which cryptocurrency and cash settlements were stopped and…

Ethereum Classic Hacker Stole 54,200 ETC from Crypto Exchange Gate.io

Ethereum Classic Hacker Stole 54,200 ETC from Crypto Exchange Gate.io

Cryptocurrency exchange Gate.io confirmed that it had lost about $220,000 worth of Ethereum Classic coins – about 40,000 ETC – during the ongoing manipulation of the project’s blockchain network. The exchange confirmed Tuesday that the Ethereum Classic blockchain was under 51% attack – in which a single entity takes control of more than half the…

Bitcoin Space Growing on Almost All Metrics except Exchange Rate

Bitcoin Space Growing on Almost All Metrics except Exchange Rate

TweetShare Infrastructure underpinning the world’s leading cryptocurrency bitcoin is looking better even though its value has fallen by more than 80 percent since the peak, argues prominent cryptocurrency software engineer Jameson Lopp. The renowned cypherpunk, who also serves as the chief technical officer to cryptocurrency security company Casa, narrowed down bitcoin‘s performance in 2018 based on…

Huobi to Launch EOS Exchange and Add EOS to Huobi DM

Huobi to Launch EOS Exchange and Add EOS to Huobi DM

TweetShare Huobi Pool will launch a dedicated EOS exchange early in 2019 allowing users to trade EOS against “a number” of yet to be revealed cryptocurrencies. The cryptocurrency mining arm of Huobi Group, Huobi Pool, is already an EOS supernode and works closely with EOS. Other collaborative projects include the Crypto Kylin Testnet, an EOS…

Stablecoins Are a Game Changer, Says Aussie Crypto Exchange Founder

Stablecoins Are a Game Changer, Says Aussie Crypto Exchange Founder

Advertisement Twitter Facebook LinkedIn Co-founder of Australian based cryptocurrency exchange CoinJar has stated that stablecoin is a game changer for the industry and that the potential use cases are much more than we know, The Australian Financial Review reports. Stablecoins are cryptocurrencies created to combat the volatility of the market by creating a token that…

Op-Ed: Smart Order Routing Reduces Crypto Exchange Fragmentation

Op-Ed: Smart Order Routing Reduces Crypto Exchange Fragmentation

Advertisement Twitter Facebook LinkedIn The lack of suitable institutional-grade platforms is undoubtedly one of the greatest obstacles to institutional money flowing into the burgeoning field of cryptocurrencies. However, the fact that this type of platform has not emerged so far is somewhat understandable. Not only are cryptocurrency markets a lot less mature than traditional finance…