Volumes on Most Major Cryptocurrency Exchanges Are Fake or Inflated: Study
Research has shown that most major cryptocurrency-only exchanges have significantly low liquidity, allowing price manipulation. Go to Source Powered by WPeMatico
Huobi
Auto Added by WPeMatico
Study Finds $3B Worth of Faked Cryptocurrency Volumes and Wash Trades
On March 10 a cryptocurrency trader and researcher published a report on how he believes $3 billion worth of cryptocurrency trade volumes, primarily from a couple of exchanges, are concocted. The author of the study, Sylvain Ribes, alleges that the exchange Okcoin has been fabricating up to 93 percent of its trade volumes. Also read: Thailand … Read more
Why We Shouldn’t Pay Much Attention For Regulation in China, At Least for Now
China has no doubt taken the hardest stance against Bitcoin, yet, there are still work arounds as Chinese exchanges roll with the punches, and globally the Bitcoin price always recovers from the news. #REGULATIONS Go to Source Powered by WPeMatico
20+ South Korean Cryptocurrency Exchanges Voluntarily Undergo Evaluations
Over twenty cryptocurrency exchanges in South Korea have agreed to undergo evaluations, including the country’s top four exchanges: Upbit, Bithumb, Coinone, and Korbit. This is part of their self-regulatory efforts, in conjunction with the Korean Blockchain Association. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten 21 Exchanges Participating So Far The Korean Blockchain … Read more
New Crypto Exchanges Launch in South Korea Despite Lack of Fiat Deposits
A number of new cryptocurrency exchanges are launching in South Korea despite being unable to provide full service due to regulatory challenges. Since the Korean government enforced the real-name system on cryptocurrency accounts, banks have only been providing fiat deposit services to the country’s four largest crypto exchanges. Also read: Japan’s DMM Bitcoin Exchange Opens for … Read more
Formerly Top Cryptocurrency Exchange Huobi To Open Office In US
Cryptocurrency exchange Huobi is about to open an office in the US, the company has announced at the Blockchain Connect conference. #NEWS Go to Source Powered by WPeMatico
How Chinese Bitcoin Buyers Are Getting Around Government Ban
China’s would-be digital currency investors have found clever ways to circumvent China’s trading ban. #ANALYSIS Go to Source Powered by WPeMatico
Huobi Offers Platform Utility Token, ‘Not An ICO’
Huobi, the former Chinese cryptocurrency exchange, has announced that they will issue a token (the ‘Huobi Token’, HT) starting January 23. #NEWS Go to Source Powered by WPeMatico
Bitcoin Investor Sues Huobi Over ¥400,000 in Losses
A bitcoin investor sued the Huobi exchange to recover 400,000 yuan he lost while trading. Also Read: Thailand’s Regulators Allow Bitcoin Futures Trading Too Much Pressure Trading Bitcoin Wang Tieliang filed a lawsuit against Huobi and its two partners in Beijing to invalidate his bitcoin trades on the exchange. According to Wang, he deposited 1.4 million yuan … Read more
Beijing Court Rules in Favor of Huobi
It has been a while since we last heard from Chinese cryptocurrency exchanges. Ever since the CNY trading ban, very little has changed in that part of the world. In recent news, a Beijing district court has dismissed a lawsuit against such exchanges. Some traders had complained about exchanges being responsible for their financial losses. It was evident such … Read more
