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The China Center for Information Industry Development has updated its crypto rankings. The list contains 33 crypto projects, ranked overall and in three separate categories. High up in the overall ranking are EOS, Ethereum, and Bitshares. Bitcoin, however, has been downgraded. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals China’s Fifth Ranking … Read more
Cryptocurrency trading platform Poloniex has delisted eight coins with low liquidity, while another US-based exchange, Gemini, is adding litecoin to its offerings. Also in The Daily, Ironx has been licensed to offer exchange services from Estonia, and Bitmain’s Antpool will sponsor NBA team Houston Rockets with bitcoin cash. Also read: Coinbase Denies Self-Trading, Kraken Gets … Read more
Following the hack of Zaif, one of Japan’s regulated crypto exchanges, the country’s financial regulator immediately responded, launching an emergency inspection of the exchange and a survey of all other crypto exchanges. Finance Minister Taro Aso has also commented on the situation. In addition, the recently established self-regulatory body has asked all exchanges to inspect … Read more
The parliamentary report published by the UK Treasury Committee has advocated for regulation of the “wild west” crypto-assets sector. The report criticizes the “ambiguity” of the current stance of UK regulators, arguing that with effective regulations, the United Kingdom could become a “global center” for the emerging cryptocurrency sector. Also Read: Brazil’s Biggest Banks Under … Read more
One has to commend companies for trying to put a different spin on cryptocurrency mining. Although this industry remains very popular, the concept of mining cryptocurrencies has also gotten a very bad reputation lately. A new startup claims they will use electric vehicles to mine cryptocurrencies, even though it remains to be seen how that … Read more
It’s fair to say that everyone in the crypto community has heard of airdrops. In fact, airdrops could be the reason for some people to have joined the community in the first place. Some have been pretty worthless, but others have been fairly significant in value. Whether worthless or valuable, airdrops have drawn criticism from … Read more
According to a report by the New York Attorney General’s office, the majority of cryptocurrency exchanges fail to incorporate adequate safeguards and consumer protections. They are also extremely susceptible to market manipulation, insider trading, and conflicts of interest. So, tell us something we don’t know. 3. Conflicts of Interest Abound According to the report, … Read more
The investigation into Danske Bank’s alleged money laundering has uncovered new funds. The amount of “questionable money” flowing through the bank’s Estonian branch has grown from $150 billion to approximately $234 billion. In response, the CEO of Danske Bank turned in his resignation. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals From … Read more
Japanese government-approved cryptocurrency exchange Zaif has confirmed that it has been hacked. After a preliminary investigation, the exchange says at least 5,966 BTC have been stolen, with an estimated total damage of $60 million. Some of the stolen coins belong to the exchange but the majority belong to customers. Also read: 160 Crypto Exchanges Seek to … Read more
Keeping a cryptocurrency safe and secure from harm is a full time responsibility. Even in the case of Bitcoin, new flaws can be discovered after nearly 10 years of ongoing development. One such issue has been disclosed earlier this week, as it caused a denial-of-service issue with Bitcoin Core 0.16.2. The Bitcoin Core DoS Issue … Read more