Tag Archives: Exchanges

Crypto Exchange Cryptopia Suffers ‘Significant Losses’ from Hack

Cryptopia, a New Zealand-based crypto exchange, was hacked this week, suffering “significant losses” as a result of the breach. Crypto Exchange Cryptopia Hit by Hackers On January 14, Cryptopia tweeted that the exchange was going through “unscheduled maintenance.” For the next twelve hours, the exchange continued to assure users that its team was trying to resolve the issue.… Read More »

European Blockchain Startup Launches Trading in Tokenized Securities

Belarus-based blockchain startup Currency.com has launched a trading platform for tokenized securities. The firm announced Tuesday that the platform would allow investors to directly trade and invest in financial instruments using the cryptocurrencies bitcoin or ethereum, without first converting to fiat. The platform will initially host over 150 tokenized securities, tracking the underlying market price of financial instruments… Read More »

Hong Kong Crypto Exchange BitMex Shutting Down Trading Accounts in the US and Quebec

The Hong Kong-based bitcoin futures exchange BitMex, is pulling the plug on trading accounts in the US and in the Canadian province of Quebec amidst growing regulatory restrictions in North America. Although BitMex is one of the most active bitcoin trading platforms in the world with a current turnover of $928 billion, the trading platform is rightfully nervous… Read More »

News Flash: Cryptopia Exchange Hacked, Investigations by New Zealand Authorities Ongoing

Beginning the 13th of January, users of the New Zealand based cryptocurrency exchange of Cryptopia started experiencing technical difficulties with their accounts. The exchange went on to announce via twitter that they were carrying out an unscheduled maintenance to sort out the issue. The initial tweet by Cryptopia can be found below. We are currently experiencing an unscheduled… Read More »

New Zealand Crypto Exchange Cryptopia Goes Offline Citing Hack

New Zealand-based cryptocurrency exchange Cryptopia has gone offline citing a major hack. The exchange announced the news on Twitter this morning, stating that it “suffered a security breach which resulted in significant losses.” No information has yet been provided on the amount of the losses, the tokens and currencies affected or any measures to refund users. The exchange’s website,… Read More »

Coinbase, Kraken and Huobi To Support Ethereum’s (ETH) Constantinople Hard Fork

The Ethereum (ETH) Constantinople Hard Fork is meant to be triggered at block 7,080,000. Further checking Etherscan, we are currently at block 7,069,605 and in line with the projected dates of 14th to the 18th January as to when the software upgrade will occur. There is also an online countdown available for crypto enthusasits to follow here. Coinbase,… Read More »

Huobi Exchange Hires Compliance Chief From Global Bank State Street

Huobi, the third largest cryptocurrency exchange by monthly trading volume, has hired a senior professional from a major U.S.-based global bank. Revealed exclusively to CoinDesk, Elaine Sun Ye Lin, former head of compliance for the Chinese branch of State Street, joined the Singapore-based exchange as a compliance director last month. According to Huobi spokesperson Jiayi Li, Sun will direct Huobi’s… Read More »

How the US Government Shutdown Is Halting Crypto Progress on Wall Street

The longest government shutdown in U.S. history is hurting the crypto industry, too. As the impasse in Washington stretches into its record-breaking fourth week, the closure of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) has put key developments – namely, the approval and launch of products and services involving cryptocurrencies – on hold.… Read More »

Malaysia to Regulate ICOs as Securities Offerings from Tuesday

Malaysia’s securities watchdog will have powers to regulate digital asset offerings and crypto exchanges as of Tuesday. According to a notice from the country’s Securities Commission (SC), the Capital Markets and Services (Prescription of Securities) (Digital Currency and Digital Token) Order 2019 will come into force on Jan. 15 following a statement from the finance minister this morning. The prescription… Read More »