Bitcoin Cryptocurrency News

The Canadian Crypto Exchange That Ordered Employees to Create Fake Trades To Inflate Volume

According to a set of leaked documents, the Canadian cryptocurrency exchange Coinsquare was practicing wash trading. This is the practice of creating artificial or “fake” positions to prop up the value of the trading volume on the exchange. Coinsquare Wash Trading Implications A recent report revealed that a set of leaked emails, files, and slack Read more…

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Bitcoin Cryptocurrency News

Bitcoin at $8K: Reason to Worry? Nope, Network’s Long-Term Metrics Are Just Fine

Just a couple of days ago, Bitcoin’s price plunged to $8,000, dropping $1,500 in less than an hour. This marked a decrease of around 14% and had quite a few people worrying whether the bull run of 2019 had reversed. A closer look at the state of the network and the long-term price trend, however, suggests Read more…

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Altcoin Cryptocurrency News

Dead Altcoins: Overwhelming Number of Crypto Projects Without A Single Line Of Code Committed in 2019

ICOs were undoubtedly a hot trend back in 2017 and 2018 during the parabolic market movement and the subsequent decrease. Ever since then, their prominence has stalled and a recent report shows why that might be. Apparently, 640 out of 2000 reviewed ICOs haven’t added or written a single line of code in 2019 and Read more…

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Bitcoin Blockchain Cryptocurrency News

John McAfee: Bitcoin Custody To Become The Standard

Since Bitcoin came into being, we have a global decentralized digital cash system that can bypass the entire banking system. But like cash, it has its own set of risks. If you lose the keys to your coins, you lose the coins. Bitcoin investors know about it, but it scares new users and they’d rather Read more…

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Binance Cryptocurrency News Ethereum

Coinbase Competition Grows as Veteran CEX.io Launches US Office

Users of long-time Coinbase competitor CEX.io will have gotten an e-mail today informing them of the exchange’s decision to open a U.S. entity. It’s official!https://t.co/OPoleqNuJO has received a Money Transmitter License in 9 more states: Iowa, Kansas, New Mexico, Oklahoma, South Dakota, West Virginia, Maryland, Alaska, and New Hampshire. Welcome to secure and regulated #crypto Read more…

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Altcoin Cryptocurrency News

Binance Coin declines by 9.8% following news of geo-blocking US residents from its platform

Binance, one of the world’s largest cryptocurrency exchange, has undergone revamps on its platform which has significantly contributed to the valuation of its native token, BNB. The digital coin surpassed the market cap of $5 billion in a recent report. However, the glory was short-lived as the exchange dropped two bombs within 24 hours. The […]

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Second Biggest Bitcoin Exchange Bithumb Seeks IPO Backdoor
Bitcoin Cryptocurrency News Market

Second Biggest Bitcoin Exchange Bithumb Seeks IPO Backdoor

South Korean cryptocurrency exchange Bithumb is looking to go public in the United States — a first for a major cryptocurrency exchange.  Bithumb Seeks Backdoor IPO Bithumb, the world’s second largest cryptocurrency exchange my volume, is reportedly planning on forgoing an Initial Public Offering (IPO) and garnering admission as a publically-listed company in the United Read more…

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Cryptocurrency News

South Korean Bitcoin Exchange Upbit Denies Fraud Allegations as Executives are Formally Charged

South Korea’s top financial regulator has formally filed fraud charges against executives of one of the Asian country’s biggest cryptocurrency exchanges. Three senior executives of Upbit including the founder Song Chi-Hyung were charged with making fraudulent transactions between September and December last year by prosecutors in Seoul, according to nocutnews. Specifically, the senior Upbit executives

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