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South Korean Crypto Exchange CEO Jailed For 16 Years

Senior executives at a South Korean crypto exchange have been indicted in connection with a $386 million investment fraud. The news marks yet another drastic action taken by authorities in the country against cryptocurrency exchanges. Eight Crypto Exchange Execs Indicted for Fraud According to Yonhap…

Bitcoin Deposits on Coinbase will now Require only Three Confirmations

Coinbase has just released a new announcement, stating that it will reduce the number of confirmation requirements for four crypto assets on its platform. The United States’ largest crypto exchange, has brought in some welcome changes to its platform. Coinbase has just announced that it…

Binance DEX Can now be Accessed on Trezor Crypto Wallet

Binance DEX will now be available on the Trezor wallet, opening a new doorway for trading crypto assets. This also expands the presence of Binance as a hub for all crypto-related services. Crypto Users Control Their Private Keys Trezor offers both an agile access to…

Is Binance Trying to Become Crypto Standard for the World?

Crypto exchange Binance has taken some major steps in setting new standards for cryptocurrency services. Adding support for the Ukrainian national currency, signing a memorandum of understanding (MOU) with the Ukrainian government, and implementing a cryptographic protocol for distributed key generation and signing – these…

Bithumb Seeking Indian Partner for its Blockchain Platform

Prominent Korean crypto exchange, Bithumb, has plans to create a new blockchain platform, and it is currently searching for Indian partners to collaborate with. Bithumb is coming to India. According to the major cryptocurrency trading platform’s recent announcement, Bithumb plans to develop a new blockchain…

Crypto Exchange Regulations are Coming to Hong Kong

Financial regulators in Hong Kong will introduce clear cut rules to govern the operations of cryptocurrency exchanges. Meanwhile, reports show that fund managers continue to struggle with the stringent requirements for crypto investment in Hong Kong. SFC To Regularize Hong Kong Cryptocurrency Exchange Scene According…

Leaked Emails From BitMEX Lead to Compromised Accounts

Compromised accounts have been traced using email addresses exposed in the recent BitMEX leak. An already known email address was allegedly used to work out login credentials to gain access to less secure accounts. Leaked Emails Already Tested for Weak or Repeated Passwords Comments on…

Bitcoin 2017 Surge Caused By Single Entity: Bloomberg

Last year, two academics concluded that the Bitcoin rally in 2017, when the cryptocurrency hit the all-time high, was caused by manipulation. Now the research authors figured out that the surge was likely caused by a single entity. Single Whale Behind Bitcoin’s Dec 2017 Rally…

BitMEX Email Leak: Details of 23,000 Doxxed Emails Now Out

With a leak of at least 23,000 emails, the recent BitMEX email leak was much heavier than expected. An inadvertent message that included lists of emails made the rounds last week, creating a security break for the largest crypto derivatives exchange. 23,000+ Emails Leaked by…

Crypto Exchange Huobi to Freeze US User Accounts by Mid-November

Singapore based crypto exchange Huobi is set to freeze accounts controlled by US residents in an effort to crack down on those individuals violating the User Agreement, according to a post on their website. This announcement comes after a gradual depreciation of US resident accounts…

Binance Issues Warning After BitMEX Mass Email Leak

Binance has told its customers to take precautions as BitMEX announces a mass leak of its users email addresses from an internal error.  BitMEX Displays Private Data in Mass Email Recently, BitMEX users discovered that they could openly view the email addresses of other users…