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…

SEC Charges EtherDelta Founder with Operating Unregistered Exchange

SEC Charges EtherDelta Founder with Operating Unregistered Exchange

Advertisement Twitter Facebook LinkedIn The US Securities and Exchange Commission (SEC) has charged the founder of decentralized Ethereum exchange (DEX) EtherDelta with operating an unregistered exchange. As a DEX, the crypto trading platform allowed users to trustlessly trade Ethereum-based tokens without registering accounts or entrusting their funds to an exchange-controlled wallet. Trading was managed by…

MUFG: We Found ‘Source’ of $60 Million Hack of Crypto Exchange Zaif

MUFG: We Found ‘Source’ of $60 Million Hack of Crypto Exchange Zaif

Advertisement Twitter Facebook LinkedIn Cybersecurity researchers working for a subsidiary of Japan’s largest bank believe that they have found the hackers who stole $60 million from Japanese crypto exchange Zaif in an attack earlier this year. MUFG Investigates Zaif Hack According to a press release published on Monday, Japan Digital Design Co. (JDD) — a…

Decentralized[?] Ethereum Exchange IDEX Bans New York Traders

Decentralized[?] Ethereum Exchange IDEX Bans New York Traders

Advertisement IDEX, a self-described decentralized cryptocurrency exchange (DEX) that allows traders to trustlessly exchange Ethereum tokens, has announced that it will no longer provide trading services to customers with IP addresses originating from New York. Ethereum DEX to Block New York IP Addresses Beginning tomorrow, Oct. 25 at 6 pm UTC, New York users will…

86% of ICO Tokens Worth Less than at First Crypto Exchange Listing

86% of ICO Tokens Worth Less than at First Crypto Exchange Listing

Advertisement Global professional services firm Ernst & Young (EY) has released a report on the performance of ICOs over the last year, and in keeping with the bear market for cryptocurrency assets, the trend was predictably downward. Just 10 Tokens Count for 99% of All ICO Gains EY released a report on ICOs back in December…

Investors are Optimistic in Acquisition of Korea’s Largest Crypto Exchange

Investors are Optimistic in Acquisition of Korea’s Largest Crypto Exchange

Advertisement On October 12, CCN reported that BK Global Consortium, the parent company of Singapore-based BK Medical Group, has acquired a 50 percent stake in Bithumb, South Korea’s largest crypto exchange. Kim Byung-gun, a prominent plastic surgeon and blockchain investor, finalized the deal between BK Global Consortium and Bithumb, officially acquiring the leading cryptocurrency trading…