Starting February, Robinhood, a commission-less stock trading application will let its users trade Bitcoin and Ethereum without the dreaded transaction fees. Compared to major exchanges like Coinbase, Binance, and others that charge fees from 1.5% to as much as 4%,…
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The Coincheck Exchange Hack: The press release Questions and Answers
Coincheck was hacked and the exchange appears to have lost over 58 billion yen ($532.60 million) worth of NEM coins. This raises questions about the security and regulations in place to protect the cryptocurrency exchanges. The exact value of the…
The Weiss Cryptocurrency Rating: Bitcoin scores a C + while no crypto gets an A rating
Author – Sam Reeds, UK The Bitcoin received a lower rating than expected given its gold standards in the crypto world. Other cryptocurrencies received a better rating, but no “A” was awarded to any cryptocurrency. The Highest rating was a…
Youbit Exchange Files for Bankruptcy as North Korean Hackers Attack Again
For the second time this year, South Korean cryptocurrency exchange Youbit has come under attack by hackers. The exchange platform claims that the cyber-attack was made by North Korean hackers, announcing after the incident that it has filed for bankruptcy.…
Coinbase to release 14,355 users information to the IRS
IRS won over the battle with Coinbase to release user information who transacted above 20,000$ during the year 2014-2015. This battle of Coinbase with the IRS was fought for over a year and finally Coinbase had to provide the customer…