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A cryptocurrency investor has brought a lawsuit against cryptocurrency exchange Okcoin regarding 38.748 BCH. The plaintiff accuses the exchange of failing to allow him to claim the Bitcoin Cash that were created following last year’s fork, to which the exchange allegedly responded that he had failed to claim the coins within an apparently undisclosed deadline. […]
The post Chinese Investor Sues Okcoin Over 38.748 ‘Unclaimed’ BCH appeared first on Bitcoin News.
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In a matter of days, the outgoing CEO of the world’s largest crypto exchange OKEx has joined rival exchange Huobi
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Chinese state media outlet, Voice of China, has published reports criticizing the efforts of Chinese cryptocurrency exchanges and initial coin offerings (ICOs) to continue operations in spite of the central government’s 2017 crackdown. Also Read: Markets Update: BTC Resistance at $10,000 Holds, Gains Dwarfed by Alternative Markets State Media Criticizes Cryptocurrency Exchanges’ Defiance of Crackdown Voice […]
The post Chinese State Media Accuses ICOs and Exchanges of Defying Crackdown appeared first on Bitcoin News.
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Okex has promised to roll back futures transactions after irregular activity saw bitcoin plunge to under $4,800. The incident triggered massive liquidations, wiped out hundreds of contracts, and saw one trader threaten to commit suicide in front of Okex’ Hong Kong offices. Also read: Hacked Cryptocurrency Exchange Youbit Re-Emerges Amid Insurance Controversy Okex Reverses the Rekoning […]
The post Okex Rolls Back Futures Contracts After Liquidations Leave Traders Reeling appeared first on Bitcoin News.
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South Korea’s largest companies, as NHN, Kakao, Upbit, SK Telecom, Nexon, and Korbit are funding cryptocurrency exchanges, allowing the market to mature. #SMART_INVESTMENT
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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 […]
The post Study Finds $3B Worth of Faked Cryptocurrency Volumes and Wash Trades appeared first on Bitcoin News.
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This week the People’s Bank of China (PBOC) governor, Zhou Xiaochuan, spoke about both public and privately issued cryptocurrencies. Zhou details that the central bank dislikes “speculative cryptocurrency products” and the bank does not officially recognize digital currencies like bitcoin. Further Zhou explains the bank is monitoring projects like bitcoin and initial coin offerings (ICO), […]
The post China’s PBOC Governor Speaks Against Speculative Cryptocurrencies appeared first on Bitcoin News.
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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 […]
The post 20+ South Korean Cryptocurrency Exchanges Voluntarily Undergo Evaluations appeared first on Bitcoin News.
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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 […]
The post New Crypto Exchanges Launch in South Korea Despite Lack of Fiat Deposits appeared first on Bitcoin News.
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