South Korean crypto exchange Coinnest got caught up in a tricky situation after it accidentally sent cryptos to clients accidentally in an airdrop. The exchange is acting immediately to reverse this mistake that was revealed last week. In an announcement…
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Blockchain Platform Tron hires Former SEC Attorney as First Chief Compliance Officer
The ever-growing Blockchain platform Tron has hired a former United States Securities and Exchange Commission (SEC) supervisory attorney, as its first-ever chief compliance officer. David Labhart, who previously worked as an attorney for the US regulator, will also wield the…
Japan’s SBI invests $15 million in Swiss wallet startup, Tangem
Japanese financial services giant SBI has invested $15 million in Tangem, a Swiss startup, and maker of a slimline hardware wallet for crypto-currencies. The Swiss startup describes its product as a “smart banknote for digital assets” designed to be used…
Two Seniour Executives of South Korean Crypto Exchange, Komid, jailed for Faking Trade Volumes
News coming out of South Korea indicate that two leaders of popular crypto exchange, Komid, have been sentenced to jail for the offense of faking exchange volumes, all this was reported by South Korean crypto publication, blockinpress. CEO of the…
‘Coins in ETC Trust Fund secure’: Grayscale to investors
Amid rising tension regarding the vulnerability of crypto assets and increased vigor of double spending attacks on cryptocurrency networks whose climax hitherto has been the recent reorganization of transaction on the Ethereum Classic Blockchain, Grayscale Investment, the startup which underpins…
Breaking: CoinCheck to commence operations as a licensed exchange after years of setbacks and delays
It’s the beginning of a new era for the Japanese based crypto exchange CoinCheck after the Kanto Financial Bureau, the country’s overseeing regulator granted it the license to operate as one. Until the close of last year, the Crypto exchange…
ErisX raises 27.5 million in order to improve blockchain infrastructure
Crypto exchanges are not being left out this sales season with crypto exchange ErisX, raising 27.5 million from fidelity investments, NASDAQ ventures, among other investment firms. The NASDAQ is the world’s second largest stock exchange while US-based fidelity investments maintain…
Amazon Web Services Glitch Puts Major Crypto Exchanges Offline
Nationwide failure of critical Amazon web services (AWS) servers caused two major South Korean crypto exchanges to go offline Thursday morning. Major internal server failures plaguing AWS, one of the leading cloud services providers led to activities at crypto exchanges,…
Basic Attention Token (BAT) Slows Down After the Coinbase Listing
Basic Attention Token was announced for listing on one of the biggest and more popular exchanges, Coinbase, back in mid-July. Months back, the exchange announced that the Coinbase team is looking into adding several tokens and coins, which included 0x…
Coinbase Raises Series E Round of Funding to Finance Efforts to Accelerate Crypto Adoption
Coinbase is an organization with the firm belief that cryptocurrencies and the technologies behind them will bring about an almighty breakthrough in computer science, that will forever change both the internet and the global financial system as we know it.…