Crypto exchange 2gether has said it is unable to reimburse all users affected by a hack last year, even after a successful fundraising effort. Since the hack, 2gether CEO Ramón Ferraz Estrada said the firm had been working raising €1.2 million to improve the company’s security and risk management, and Read more…
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Coinbase saw whopping growth in 2020 as bitcoin rallied to close out the year. New numbers published on the Coinbase “About” page Friday show the exchange now has over $90 billion in assets on platform and over 43 million registered users. An Internet Archive snapshot from as recently as last Read more…
At least one key executive from crypto exchange Huobi is now in custody with Chinese police due to an investigation related to the exchange’s over-the-counter (OTC) trading service, multiple sources have told CoinDesk, giving more credence to rumors that have been circulating on Chinese social media. The two people, including Read more…
India’s largest cryptocurrency exchange, CoinDCX, has launched a new app aimed to make it easy to buy and sell bitcoin and other top digital assets in a bid to capture 50 million new users. According to a press release on Tuesday, the exchange’s app offering, CoinDCX Go, provides newcomers to Read more…
In a move that could rapidly broaden the number of cryptocurrencies listed, Coinbase announced Thursday a new issuance portal called Asset Hub. “Today, Coinbase supports trading for over 40 crypto assets on our exchange and Coinbase Custody supports over 90 crypto assets,” the firm’s chief product officer, Surojit Chatterjee, wrote Read more…
Multi-asset brokerage eToro has issued a warning to users looking to buy bitcoin and other cryptocurrencies over the coming weekend. According to an email sent to customers and as reported by Bloomberg on Wednesday, the Israel-based company said customers could face “possible limitations” due to “challenges” in the platform’s ability Read more…
The owner and manager of cryptocurrency exchange RG Coins has been handed a lengthy prison term for his involvement in a multi-million dollar scheme to defraud U.S. citizens. According to a Tuesday press release from the Department of Justice, U.S. District Court Judge Robert Weir sentenced Rossen Iossifov to a Read more…
The surge in cryptocurrency trading in the last three months of 2020 led to one change in the CoinDesk 20: tron (TRX) has been taken off of the list of the top crypto assets traded on verified markets while Maker’s dai (DAI) stablecoin has returned. Verifiable crypto volume nearly tripled Read more…
The National Bank of Kyrgyzstan has published draft legislation that would legally define cryptocurrency and how it may be used in the Central Asian nation. With the proposed legislation, the central bank is following the call of the Financial Action Task Force (FATF) to regulate cryptocurrencies and prevent related money Read more…
More than $1 billion worth of cryptocurrencies have been staked through Kraken’s staking service, the crypto exchange announced on Tuesday. A third of that amount is in ether, roughly more than 300,000 ETH, according to a spokesperson from the San Francisco-based crypto exchange. Other popular cryptocurrencies on Kraken’s staking services Read more…
The day after the U.K.-based EXMO crypto exchange was hacked last month, reportedly losing 6% of its crypto assets, the team got a call from the U.K.’s Financial Conduct Authority (FCA). The FCA recently put the exchange on the list for temporary registration and wanted to know what EXMO, an Read more…
