Tag Archives: Exchange

Crypto Wheels Still Turning in US, Robinhood Exchange Awarded BitLicense

Crypto Wheels Still Turning in US, Robinhood Exchange Awarded BitLicense

Wheels are still turning in the US crypto industry despite the month long government shutdown. At least they are in New York anyway where crypto exchange Robinhood has just been granted a BitLicense to open up shop. Robinhood Coming to New York The commission free crypto startup that has become a huge hit with millennials proudly announced that it is ‘coming to New York’ in a blog post yesterday. The company added that the new license marks another important step towards its mission of democratizing the financial […]

Read More...

Expect More Crypto Exchange Shutdowns and Ragequits

Expect More Crypto Exchange Shutdowns and Ragequits

The ongoing “crypto winter” would lead more cryptocurrency exchanges to their deathbeds, predicted Travis Kling. The former Wall Street portfolio manager issued his statement after Kiev-based Liqui, a cryptocurrency exchange, closed down its operations citing illiquidity. He asserted that the ongoing implosion of the cryptocurrency industry was a good thing, stating that the market would move higher only after the wipe off. We need more. More exchanges gone. More projects shuttering. More SEC enforcements. More developer ragequits. More ICO Treasury selling. More layoffs. More fund liquidations. More […]

Read More...

Cryptocurrency Scam Alert: Mac Exchange Users Targeted

Cryptocurrency Scam Alert: Mac Exchange Users Targeted

Reports by a cyber security firm claim to have identified a piece of malware designed to beat the two-factor authentication commonly used to help protect various online accounts. The software steals credentials, including browser cookies, to allow access to cryptocurrency exchange accounts. CookieMiner, as the malware is known, targets exclusively Mac users owing to the cross-device functionality of Apple’s products. In addition to stealing login details and creatively subverting security precautions, the CookieMiner malware also uses the victim’s machine to covertly mine an obscure digital asset called […]

Read More...

Canadian Crypto Exchange Has Lost Access to its Cold Storage

Canadian Crypto Exchange Has Lost Access to its Cold Storage

Customers foolish enough to leave funds at the Canadian crypto exchange QuadrigaCX have a lot to be worried about. According to a post by the company’s board of directors, the platform has lost access to the digital assets it held in cold storage. Whilst the exchange was only small in terms of active daily users, according to figures from Coinmarketcap, the news once again highlights the importance of users taking responsibility for storing their own digital assets securely. Not Your Keys, Not Your Crypto Less than a month after […]

Read More...

Crypto Exchange Volumes Drop to Lowest Levels For Over a Year

Crypto Exchange Volumes Drop to Lowest Levels For Over a Year

As the crypto winter deepens with no sign of a recovery on the horizon contractions have been occurring across the industry. The two notable signs at the moment are shrinking exchange volumes and a drop in crypto related Twitter activity. Trade volumes across all of the major crypto exchanges have plummeted back to levels not seen since 2017. According to research by Diar, exchanges could be set to enter a new plateau as volatility dwindles and markets cool off. So far 2019 has been particularly quiet has […]

Read More...

CEO of Crypto Exchange Quadriga Filed Will 12 Days Before his Death

CEO of Crypto Exchange Quadriga Filed Will 12 Days Before his Death

The CEO and founder of the Canadian crypto exchange QuadrigaCX reportedly signed his last will and testament just days before his death. Gerard Cotten passed away in December last year in India and apparently neglected to leave copies of the exchange platform’s cold-storage access, leaving the company and its customers out of pocket. The beneficiary of Cotten’s estate is named in the document as his wife, Jennifer Robertson. She stands to inherit properties, high-end vehicles, and a pair of pet chihuahuas but claims to have no clue […]

Read More...

Intercontinental Exchange (ICE) Chief Confident About Future for Bakkt and Crypto 

Intercontinental Exchange (ICE) Chief Confident About Future for Bakkt and Crypto 

The ongoing regulatory delays and hurdles imposed by the US government have not dampened the enthusiasm for crypto related products such as the highly anticipated Bakkt launch. Bakkt Will be a ‘Moonshot Bet’ The Intercontinental Exchange (ICE) has recently announced its fourth quarter earnings which have beat some Wall Street predictions. Chief executive Jeffrey Sprecher took the opportunity to speak on the sterling performance and shed some light on the Bakkt crypto project. Seeking Alpha ran a full transcript of the conference call in which Sprecher referred […]

Read More...

What Makes Binance the Most Profitable Crypto Exchange in a Bear Market

What Makes Binance the Most Profitable Crypto Exchange in a Bear Market

Binance, the world’s leading cryptocurrency exchange by volume, is also doing great in terms of profitability, its chief financial officer told CNBC. The statement follows one of the most extended bear phases in the cryptocurrency market, during which the industry lost almost one-third of its valuation. The depressive trend prompted many small and medium-size crypto companies to shut down their operations. At the same time, big firms like Bitmain and ShapeShift resorted to layoffs to compensate their losses. But Binance walked in a different direction, according to CFO […]

Read More...