We have all heard the stories of Bitcoin's first days, as pizzas were bought with thousands of coins. There are also stories that people committed suicide when they couldn't remember their passwords for their crypto accounts. Now, a new story makes headlines. The CEO of Canada’s largest cryptocurrency exchange died and took the password to his…
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Another day, another story about a crypto exchange losing millions in customer deposits, but this story has a bizarre twist that is almost too weird to believe. QuadrigaCX, once the largest Bitcoin-focused exchanges in Canada, revealed today that it could not refund $190 million of client deposits in Bitcoin, Litecoin, Ether, and fiat currency holdings.…
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The digital asset exchange Kraken has just announced that it has acquired the regulated cryptocurrency trading platform and index provider Crypto Facilities. Crypto Facilities is London-based and is the first FCA regulated entity to list futures on Bitcoin, Ethereum, Ripple XRP, Litecoin and Bitcoin Cash. The company provides CME CF Bitcoin Reference Rate that powers the CME Group’s…
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What happens when a crypto exchange has weak security protocols, the tokens of an ICO startup go missing, a heist of $170 million takes place, and then everyone starts pointing fingers and blaming everyone else for the transgression? Matters like these usually end up in a court of law. The news today from a bankruptcy…
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The Gibraltar Blockchain Exchange (GBX) has announced that it has added Stellar Lumens (XLM) to its Digital Asset Exchange (GBX-DAX). XLM follows the addition of XRP, EOS, and TRON in recent weeks. GBX has been granted a full license as a provider of Distributed Ledger Technology (DLT) from the Gibraltar Financial Services Commission (GFSC) under Gibraltar’s Financial…
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LeapRate Exclusive... Bitsdaq, the official Asia partner of US cryptocurrency exchange Bittrex, has just announced the launch of the Bitsdaq Exchange. Bitsdaq is the second official partner with an Asian focus selected by Bittrex, following Korea’s largest cryptocurrency exchange, Upbit. We are very excited to be partnering with Bittrex on what we believe will be…
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The US-based financial services company, Robinhood, just received the virtual currency license, called BitLicense by the state of New York. Robinhood is one of the most popular cryptocurrency “exchanges” as it offers commission-free trading – a feature that has attracted many customers and new features to the exchange. Some time ago, Robinhood was rumored to…
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Coinbase, based out of San Francisco and one of the most popular and trusted crypto platforms in the world, has announced that it will expand its newly developed custodial services into the Asia market. The move is seen as two-fold – to attract major institutional players in the region and to provide custodial services for…
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MyCrypto, Inc. has just announced that it has acquired Ambo, a company that aims to make cryptocurrency easy through the development of crypto wallets. With this move, MyCrypto will leverage Ambo’s technology and talent to build a suite of cross-platform mobile tools for mainstream digital asset investors. The open-source blockchain interface plans to expand into…
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Have you ever woken up in a cold sweat in the early morning hours, suddenly thinking that you had sold your bitcoin for $35 instead of $3,500? Did you rush to your computer to check to see if the order had been entered correctly? Some poor fellow or woman in South Korea is living a…
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