Hack? What hack? Binance is back online after completing its internal review and after completing a necessary security upgrade. It has been a harrowing week for the world’s largest crypto exchange, after it sustained a $40 million loss perpetrated by professional hackers, who summarily removed the exchange’s “virgin” status with a targeted hit on its…
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It has been no secret that crypto enthusiasts have been begging for the management of the Bakkt crypto exchange initiative to complete the actions necessary in order to launch. Bakkt, the brainchild of Intercontinental Exchange (ICE), the owner and operator of the New York Stock Exchange, was to be the consummate crypto futures exchange, dealing…
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Mint Exchange is the world’s first crypto clearinghouse, providing access to all major exchanges, brokers, and market makers through a single account. It is built on the Integral FX platform, founded by Harpal Sandhu back in 1993. Harpal wanted to combine technology and finance for the benefit of end-users. Leading the way with the first…
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eToroX, the blockchain division of global investment company eToro, has announced that it has added some more stablecoins to its crypto exchange offering, including: Two commodity-stablecoins - eToro Gold (GOLDX) and eToro Silver (SLVX), Two fiat-stablecoins - eToro Ruble (RUBX) and eToro Yuan (CNYX), and 17 pairs -USDEX-EURX, USDEX-GBPX, USDEX-JPYX, USDEX-CHFX, USDEX-AUDX, USDEX-NZDX, USDEX-CADX, USDEX-RUBX,…
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LMAX Digital, part of the LMAX Exchange Group, just announced that the volatility over the last few days has seen the exchange hit new highs of over $400m in daily volumes (or over $600m this weekend alone), with May set to surpass April (monthly volumes of $2.2 billion) as the best month for the exchange.…
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In order to be successful according to conventional wisdom, one must have certain positive attributes, market awareness, and a plan for resource deployment and management, but, even if these stars line up correctly, timing is everything. The Intercontinental Exchange Inc. (ICE), the owner and operator of the New York Stock Exchange, has been trying to…
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Binance, one of the world's most prominent cryptocurrency exchanges has been hacked. Media reports announced that hackers have stoled $40 million from the exchange. The stolen amount is equal to 7,000 Bitcoins. Not only did the hackers steal the staggering amount of the "people's currency", but they also stole API tokens and two-factor authentication codes.…
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Fear, uncertainty, and doubt, or “FUD” in crypto parlance, are powerful emotions that can cause a run on a bank, or, in the case of the beleaguered crypto exchange, Bitfinex, a run on exchange deposits. The weekend has passed since last Thursday evening’s shockwave that iFinex, Bitfinex, and Tether might have been engaged in an…
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ErisX, the Chicago-based crypto exchange, is in the final testing phase before launching its spot crypto trading product offering. The news is that it is also testing with a number of its strategic partners in order to finalize operating protocols before the big day. Since TD Ameritrade and a few other notables are known to…
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HBUS, the operator of the U.S.-based digital asset marketplace Huobi.com, has just announced its latest listing of Cardano (ADA) and Nebulas (NAS) with BTC, ETH, and USDT trading pairs. Deposits for Cardano and Nebulas will open on April 24, 2019 at 12:00am PST with trading and withdrawal set to commence on April 25, 2019 at…
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