Auto Added by WPeMatico
Bitcoin has had a rocky week to say the least. At its lowest point, the cryptocurrency dipped to $9,200 before a rising green candle sent it scurrying back into the safety of five figures. That candle was sparked by the release of $100m worth of tethers – surrogate US dollars – and was followed by […]
The post Tether Printing Press In High Gear, Issuing $400 Million in Four Days appeared first on Bitcoin News.
Powered by WPeMatico
Cryptocurrency exchanges have been overrun for months, as record demand has caused throttling or restriction of service altogether. With exchanges buckling under the strain, a number of platforms have been forced to temporarily shut their books. On Thursday, Bitstamp announced plans to recruit 100 new call center staff as it struggles to feed the crypto […]
The post Overwhelmed Cryptocurrency Exchanges Are Hiring Staff by the Hundreds appeared first on Bitcoin News.
Powered by WPeMatico
After gaining 2,300% in six months and launching a string of eagerly anticipated ICOs, Neo is quite the success story. It’s that rare thing in the crypto space: a blockchain that’s actually seeing use. A bitcoin price equivalence of $580 per token (if Neo had a 21m supply) suggests there’s still plenty of room to […]
The post Neo Approaches Record High But Centralization Concerns Persist appeared first on Bitcoin News.
Powered by WPeMatico
Scaling problems that have been sporadically affecting the Ethereum network have resurfaced. While bulls and bears were battling it out in the markets, the Ethereum blockchain was fighting to restore some semblance of normal service. The congestion forced a number of exchanges to halt withdrawals, with one going so far as to advise customers to […]
The post Ethereum Network Congestion Forces Exchanges to Halt Withdrawals appeared first on Bitcoin News.
Powered by WPeMatico
Another cryptocurrency service provider has been hacked, costing hundreds of thousands of dollars worth of losses to Stellar users this time. DNS hackers have hijacked the Blackwallet server, redirected some of the traffic and made off with 669,920 XLM. Also Read: Japan’s Largest Bank to Launch Cryptocurrency Exchange Stellar Wallet Blackwallet Compromised The team behind […]
The post Hackers Steal $400k from Users of a Stellar Lumen (XLM) Web Wallet appeared first on Bitcoin News.
Powered by WPeMatico
Running a cryptocurrency exchange has never been easy. In the first few years of Bitcoin’s existence, there wasn’t even enough demand to warrant such trading platforms. Things have significantly changed since, but that doesn’t mean the job has become any less difficult. The Bittrex exchange, for example, seems to be suffering from some oddities. Hundreds of users have taken to social media to complain about locked accounts or problems completing trades on the platform. As a result, the #BittrexSucks hashtag is trending on Twitter right now. Bittrex has Some Issues to Sort out As is always the case when reports likePowered by WPeMatico
Bittrex’ coin listing and delisting policy has long been a mystery to outsiders, who have struggled to make sense of it. That mystery deepened this week after the exchange announced that it was removing Mysterium, a coin it only added last year and which still had respectable trade volume. Upon news of the delisting, Mysterium […]
The post Bittrex’ Delisting Policy Leaves Cryptocurrencies Out in the Cold appeared first on Bitcoin News.
Powered by WPeMatico
Exchanges are regarded by many in the cryptocurrency world as a necessary evil. They provide liquidity and an on-ramp from fiat currency, but many other aspects of their service leaves a lot to desired. From onerous KYC requests to sudden withdrawal of service, nary a week goes by without major exchanges leaving customers seething. This […]
The post Exchange Problems Mount at Kraken and Coinbase but Bitfinex Reopens Registrations for 10k+ Deposits appeared first on Bitcoin News.
Powered by WPeMatico
Customers of Slovenia’s Bitstamp exchange are being forced to jump through hoops to meet an unprecedented level of compliance. A widely circulated image, purporting to reveal Bitstamp’s enhanced KYC procedure, has been attracting a lot of attention. The document requests screenshots of other cryptocurrency exchange profiles, bank account statements showing fiat deposits to third party […]
The post Bitstamp Is Asking Users Who Want to Withdraw a Lot of Questions appeared first on Bitcoin News.
Powered by WPeMatico
It doesn’t happen all that often that exchange-traded cryptocurrencies turn into public stocks all of a sudden. In fact, this may have never happened before in the nine-year history of cryptocurrencies. Blocksafe is setting a very interesting precedent in this regard; that much is evident. The company is being removed from Bittrex because its shares will start trading on Nasdaq very soon. It’s a rather interesting development which few people had ever expected to see. A Solid Change for Blocksafe and TRIG For those unfamiliar with the Blocksafe project, allow us to briefly recap what this company does. Its bread and butter is the creationPowered by WPeMatico