カテゴリー: Bitcoin exchange

CEO of Korean Exchange Coinnest among Four Arrested for Fraud

CEO of Korean Exchange Coinnest among Four Arrested for FraudSouth Korean police have arrested four high-ranking representatives of two cryptocurrency exchanges, including Coinnest’s CEO. They were detained on arrest warrants issued after a fraud investigation, prosecutors said. The executives are accused of embezzling funds belonging to customers and may face additional charges. Also read: Three South Korean Crypto Exchanges Raided for Diverting Funds Suspects […]

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Japanese Police Arrest Chinese Man for Selling Cryptocurrency Exchange Accounts

Japanese Police Arrest Chinese Man for Selling Cryptocurrency Exchange AccountsDuring the height of the cryptocurrency trading mania, when major exchanges closed their doors to new clients in an effort to cope, it was not uncommon to see people offering big amounts to buy existing accounts. The following case should serve as a warning to anyone considering selling accounts, as you can never know what […]

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Japanese Police Arrest Chinese Man for Selling Cryptocurrency Exchange Accounts

Japanese Police Arrest Chinese Man for Selling Cryptocurrency Exchange AccountsDuring the height of the cryptocurrency trading mania, when major exchanges closed their doors to new clients in an effort to cope, it was not uncommon to see people offering big amounts to buy existing accounts. The following case should serve as a warning to anyone considering selling accounts, as you can never know what […]

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Okex Fights Market Manipulation Rumors Following Painful Futures Contracts Rollback

Okex Fights Market Manipulation Rumors Following Painful Futures Contracts RollbackOkex has made another announcement regarding its decision to roll back futures contracts after clients were hurt by massive liquidations. The company apologized again for the inconvenience, tried to address rumors regarding the incident and threatened to sue anyone spreading them. Also Read: OTC Cryptocurrency Desks Trade Billions Over Skype BTC Futures Manipulated Okex, the […]

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Tax Filing Platform Teams with Zebpay to Help Crypto Taxpayers in India

Tax Filing Platform Teams with Zebpay to Help Crypto Taxpayers in IndiaThe largest tax filing platform in India, Cleartax, together with Zebpay, one of the leading Indian cryptocurrency exchanges, is uniting efforts to help Indians with their crypto taxes. The partnership aims to educate bitcoin investors and traders about the current tax laws and how they apply to reporting cryptocurrency incomes and profits. Also read: 0 […]

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Coinbase to Remove Support for Multisig Vaults Within a Month

Coinbase to Remove Support for Multisig Vaults Within a MonthCoinbase is removing its support for an advanced security feature that it was not advantageous for the company to maintain. Multisig vaults were originally introduced as a way for customers to manage their private keys and control their own security while still using the same Coinbase interface. Also Read: Survey Says 8% of the American […]

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Coinbase Granted E-Money License by UK’s Financial Conduct Authority

Coinbase Granted E-Money License by Uk’s Financial Conduct AuthorityCoinbase appears poised to increase its global market share for licensed cryptocurrency exchanges. It recently hired a mergers and acquisitions veteran who handled more than 40 deals for Linkedin, signaling its intent to start gobbling up competitors in the industry. Now it’s also established a new legal beachhead in the UK from which it can […]

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Bots Blamed for Binance Bug That Leaves Traders Reeling

Bots Blamed for Binance Bug That Leaves Traders Counting the CostBinance has found itself at the center of an unusual trading bug that has created big winners and losers. In a matter of minutes, viacoin pumped by 70x. Just to compound the drama, bitcoin experienced a massive sell-off shortly afterwards following bearish news from the SEC. Binance suspended withdrawals while it investigated the matter, but […]

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Hacked Japanese Exchange Considers Capital Tie-Up to Regain Public Trust

Hacked Japanese Exchange Considers Capital Tie-Up to Regain Public TrustJapanese cryptocurrency exchange Coincheck is reportedly considering a capital tie-up in order to regain the trust of crypto investors, following a recent hack where 58 billion yen worth of cryptocurrency was lost. As multiple victim groups are preparing to sue the exchange, the Tokyo police is also stepping up its investigations. Also read: Indians Look to […]

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FBI Arrests Exchange Operator for Lying About 6000 Bitcoin Hack

FBI Arrests Exchange Operator for Lying About 6000 Bitcoin HackJon E. Montroll, a 37 year old from Texas, is now facing up to 30 years in jail for perjury and obstruction of justice. The operator of Weexchange and Bitfunder is accused of repeatedly lying to the SEC under testimony in an effort cover up massive client losses after being hacked.  Also Read: US Federal […]

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