Search Results for: exchanges

Ripple welcomes one of the ‘Big Four’ South Korean exchanges, Coinone to Ripple Net

Ripple welcomes one of the ‘Big Four’ South Korean exchanges, Coinone to Ripple Net

Coinone, hailed in Asia as one of the continent’s “Big Four” cryptocurrency exchanges, is set to join the Ripple family. Announced on June 17, the exchange performs cross-banking services, while implementing Ripple’s xCurrent solution in its operations. The partnership between the San Francisco-based blockchain payments giant, Ripple, and Japan’s SBI Holdings called SBI-Ripple Asia, will see […]

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CryptoCompare report: Trade patterns alone are insufficient evidence of exchanges fudging trading volume

CryptoCompare report: Trade patterns alone are insufficient evidence of exchanges fudging trading volume

Of the many pertinent stakeholders in the cryptocurrency space, exchanges have been the well and true focus of 2019. With the absence of prominent ICOs, the rise of IEOs, and the surging price of Bitcoin [BTC] as well as the collective market, the central bodies that govern value transfer are key to the collective industry, […]

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New Rules Make Korean Bitcoin Exchanges Liable for Customer Losses

New Rules Make Korean Bitcoin Exchanges Liable for Customer Losses

South Korea Bitcoin

Bithumb is one of five South Korean bitcoin exchanges that has adopted a new directive which mandates that platforms be liable for losses whether not they occur due to negligence on the part of the operators. Bithumb Adopts FTC Directive According to The Korea Herald, Bithumb and four other exchanges in South Korea have updated their terms of service (ToS) to reflect a new directive from the country’s Fair Trade Commission (FTC). This new corrective

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GateHub: Stolen XRP funds transferred to prominent exchanges

GateHub: Stolen XRP funds transferred to prominent exchanges

The GateHub hack that took place earlier this month resulted in the exchange losing nearly 23 million XRP worth approximately $9 million. However, Whale Alert, a tracker of large crypto transactions, alerted the community of these stolen funds being moved to various different exchanges. One of these exchanges was identified to be Bitfinex, which received […]

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8 crypto exchanges were shut down in 2019; how does that affect the overall crypto space?

8 crypto exchanges were shut down in 2019; how does that affect the overall crypto space?

Keeping aside the market growth and price hike of Bitcoin and Altcoins in 2019, the virtual asset industry had suffered a few major implications in the current year. Crypto exchanges are very important to the long term stability and rapid expansion of crypto assets however, the longevity of these organizations has come under question in […]

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BiteBTC responds to users’ claims of being a scam; alleges competing exchanges of hiring hackers

BiteBTC responds to users’ claims of being a scam; alleges competing exchanges of hiring hackers

The cryptocurrency market saw the prices of most cryptocurrencies follow the piped piper, Bitcoin, as it broke the $9,200 resistance. However, few users of BiteBTC exchange could not enjoy this price hike as they were unable to use their accounts or even withdraw their cryptos from the exchange. The exchange that recently listed Bitcoin SV […]

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Cryptocurrency Exchanges and fake volume: Report finds link between VC backing, employee count and registration

Cryptocurrency Exchanges and fake volume: Report finds link between VC backing, employee count and registration

With the growing need to scrutinize cryptocurrency exchanges on more than just reported volume, several key players are looking at a host of indicators. The health of an exchange can be ascertained by more than just the amount of coins moving back-and-forth with web-traffic, orderbook data and more being touted as effective symptoms of sick […]

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Cryptocurrency Exchanges with ‘Lower Quality’ amassed significant market share in 2018

Cryptocurrency Exchanges with ‘Lower Quality’ amassed significant market share in 2018

Cryptocurrency exchanges often pose a significant conundrum to the larger industry. On one hand, formally established exchanges are the best medium of acquiring digital assets with ease, on the other, several cases have emerged over their dubious use as a means to inflate volume thereby presenting an unclear picture. A recent report by CryptoCompare sought […]

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The Definitive Guide to South African Exchanges in 2019

The Definitive Guide to South African Exchanges in 2019

With several exchanges competing to be the best in South Africa, it can be a nightmare to find the right one. In order to carefully traverse the danger zone in the new industry, you should look at the important information. Here, we show you what to consider while comparing the big three exchanges. The recent […]

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‘Totally Absurd’ – New FATF Rules To Turn Bitcoin Exchanges Into Banks

‘Totally Absurd’ – New FATF Rules To Turn Bitcoin Exchanges Into Banks

bank bitcoin exchange fatf

Intergovernmental body the Financial Action Task Force (FATF) has committed to making 200 countries treat cryptocurrency exchanges like banks. FATF Among ‘Biggest Threats’ To Crypto As Bloomberg reported June 11, an update to how national regulators should treat businesses dealing with cryptocurrency tokens will officially go public on the 21st of the month. Its impact is not entirely clear, but experts are already warning that anyone – be it a business or a private investor

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