Rumors of Exit Scam Swirl as Maplechange Loses Funds in Hack

Maplechange, a small Canadian cryptocurrency exchange, has ceased operations following the purported theft of all the funds it was holding. Despite promises of an investigation into the matter, many have accused the exchange of attempting to stage an exit scam. Also Read: Japanese Regulator: Stablecoins Are Not Cryptocurrencies Under Current Law Canadian Exchange Drained of Holdings … Read more

Canadian Exchange MapleChange Announces All Funds Lost

While top cryptocurrency exchanges and financial behemoths are racing to provide wholly compliant full service platforms, the wild west of shady exchanges continues to wreak havoc. Users of MapleChange caught the brunt of the chaos today, as all signs point to a complete loss of funds. Earlier today, MapleChange tweeted that they had been hacked. … Read more

The Daily: Coinbase Reportedly Cuts Staff, Telegram Loses Appeal Against Ban

In this edition of The Daily, we cover reports that the U.S. exchange Coinbase has laid off some of its remote workforce. We also look at news that Bitfury is considering holding an initial public offering like Bitmain. Also, a court in Moscow has reject an appeal against the ban imposed on the popular messenger … Read more

Exchanges Roundup: UK MP Quits Ironx After Four Days, Daily OTC Volume Estimated at $250M

In recent news regarding cryptocurrency exchanges, a member of the British Parliament has quit his role with a cryptocurrency exchange just four days after joining the company, analysts have estimated the daily volume of the over-the-counter (OTC) cryptocurrency markets to be $250 million, and Poloniex’s new terms of use have banned residents of Germany, China, Pakistan, … Read more

Regulations Roundup: SEC Considers Crypto Fund Criteria, South Korea Warns Investors

In this edition of Regulations Roundup, we focus on the U.S. Securities and Exchange Commission’s (SEC) ongoing discussions with companies that are interested in setting up cryptocurrency funds. We also look at a recent warning by the South Korean financial regulator about virtual currency investments, as well as a call by the CEO of U.S. … Read more

Indian Police Seize Unocoin’s ATM, Arrest Two Founders

One week after Indian cryptocurrency exchange Unocoin announced the launch of its ATM, local police have reportedly seized the machine and arrested two founders of the company, including the CEO. Police say the machine was set up without approval. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Several Items Seized Indian police have seized … Read more

Arbitrage Today: BTC, Qtum, XMR, ZEC, EOS, TRX

Arbitrage opportunities allow cryptocurrency traders to make some decent money regardless of their asset’s current value. In the case of the altcoins, there are plenty of options waiting to be explored. The following currencies and exchanges are worth keeping an eye on throughout the day, albeit timing will be crucial to making the most of … Read more

Regulations Roundup: Investors Not Protected in China, Albania to Regulate

In recent regulatory news, a court in China’s Futian District has ruled that cryptocurrency investments are not protected by law, Albania’s government has indicated that it intends to develop a regulatory framework for crypto, and the United States Securities and Exchange Commission has published a memorandum from a recent meeting pertaining to the proposed Vaneck … Read more

PR: trade.io Effectively Contains Breach of Cold Storage Wallet and Protects TIO Holders

The trade.io security team was alerted to a large transaction originating from our wallet holding 50M Trade Tokens (TIO) owned by trade.io reserved for the liquidity pool. Immediately following the alert, our trade monitoring observed abnormal trading of TIO on external exchanges. These exchanges were immediately alerted to disable deposits/withdrawals and trading of TIO, and … Read more

Order Speed Analysis Reveals the Fastest Cryptocurrency Exchanges

When you’re trading digital assets, speed matters — particularly so if you’re engaged in high-frequency trading, when every millisecond counts. Executing orders a fraction of a second ahead of the market can mean the difference between profit and loss. New data reveals which cryptocurrency exchanges are the fastest — and which are struggling to keep … Read more