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A major South Korean insurance company reportedly will start offering cryptocurrency exchanges insurance aimed at compensating for damages caused by hacking, according to local media. Currently, few crypto exchanges in the country are insured and hacking damages are not covered. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals Introducing Hacking Insurance A … Read more
A trader has posted on Twitter alleging that an actor is taking advantage of Bithumb’s 120% fee payback to milk the platform of approximately $150,000 USD each day through washtrading. Also Read: Uzbekistan Legalizes Crypto Exchanges and Trading Twitter Trader Claims Bithumb’s Promotional Fee Schedule is Getting Exploited The Twitter account of Alex Kruger, a cryptocurrency … Read more
Over the last nine months, news.Bitcoin.com has reported on the many misfortunes the project Bitcoin Gold (BTG) has experienced. The forked protocol has been mired with issues and controversy since the day the project was announced will be delisted from the exchange Bittrex. The Seattle-based trading platform says they lost over 12,000 BTG during the … Read more
South Korean local media are reporting Bithumb will begin taking new accounts again this week after a banking deal Go to Source Powered by WPeMatico
This month the Blockchain Transparency Institute (BTI) published a research report that claims quite a few of the top cryptocurrency exchanges are overstating their trade volumes or participating in wash trades. BTI explains that out of 130 of the top cryptocurrency trading platforms researched, the organization estimates that every 24-hours over $6B worth of digital … Read more
South Korea’s largest crypto exchange, Upbit — ranked 12th largest globally — has posted a $100 million profit in the third quarter of 2018, in spite of the crypto bear market Go to Source Powered by WPeMatico
Brock Pierce, considered to be the center figure of cryptocurrency culture, tweeted about an upcoming event that will have all blockchain lovers, raving to go, or as crypto enthusiasts would say, ‘Futurama to the moon!’ The post PR: Brock Pierce and Company Will Bring Together Exchanges, and Regulators Around Spanish Crypto Summit Futurama appeared first … Read more
Kaspersky Lab: North Korea’s Lazarus Group attempted to infect a cryptocurrency exchange with new malware Go to Source Powered by WPeMatico
Bithumb to refund new users up to 70% on fees New users outside Korea to be reimbursed for transaction fees incurred when depositing cryptocurrency on the exchange within the event period For a limited time, Bithumb, a global cryptocurrency exchange, is offering a refund of up to 70% on transaction fees as an expression of … Read more
In South Korea, Bithumb was visited by officials of the Mongolian government. Upbit is offering free training leading up to its developer conference. A public company has unveiled a hardware wallet as it enters the crypto space. Meanwhile, hacked crypto exchange Coinrail has launched an international service for non-Korean customers, and a US bitcoin ATM … Read more
