Binance: Funds ‘SAFU’ After Amazon Web Services Error Stops Withdrawals

Binance CEO Changpeng Zhao says he is confident no cryptocurrency has gone missing due to technical problems on Friday. Cryptocurrency exchange Binance has confirmed user funds are not at risk after a reported technical problem began affecting withdrawals.  According to CEO Changpeng Zhao, also known as CZ, the situation was being resolved on Aug. 23, […]

Continue Reading

Coinbase WalletLink Now Lets Clients Use DApps on Desktop Browsers

Coinbase’s user-controlled cryptocurrency wallet Coinbase Wallet has enabled its clients to use decentralized apps on any desktop browser with the WalletLink service. Crypto exchange Coinbase’s user-controlled Coinbase Wallet has enabled its clients to use decentralized apps (DApps) on any desktop browser with the WalletLink service. Expanded access to DApps Per an official blog post on […]

Continue Reading

Bitpoint Taiwan’s Sues Parent Exchange for Overbilling After July Hack

Bitpoint Taiwan, a subsidiary of Bitpoint Japan, claimed $9.4 damages for loss due to overbilling after $32 million hack of parent exchange in July.   The Taiwan-based subsidiary of hacked crypto exchange Bitpoint Japan will file a $9.4 million damages suit as it claims to have been overbilled by the parent exchange. Overbilling is ‘clearly’ […]

Continue Reading

Top-Rated Crypto Exchanges Comprise 5% of Total Trading Volume: Report

Untrusted exchanges still command the lion’s share of global cryptocurrency trading volumes, a new CryptoCompare report reveals. Untrusted exchanges still command the lion’s share of global cryptocurrency trading volumes, a CryptoCompare report published on Aug. 21 reveals. As of July, D-E rated low-quality exchanges represented 64% of trading volume —  a staggering $316 billion — […]

Continue Reading

Kraken Crypto Exchange to Add Support for BAT and WAVES

American cryptocurrency exchange Kraken has announced support for the Basic Attention Token and Waves starting on Aug. 22. American cryptocurrency exchange Kraken will add support for Basic Attention Token (BAT) and Waves (WAVES).  According to an announcement on Aug. 21, the exchange’s users will be able to deposit and withdraw the aforementioned coins starting tomorrow, […]

Continue Reading

Cryptopia Liquidator Determining Pooled Wallet Crypto Ownership

The liquidator of hacked cryptocurrency exchange Cryptopia claims to have made progress toward securing and preserving funds. Professional services firm Grant Thornton claims that it is progressing in securing and preserving the cryptocurrencies of hacked cryptocurrency exchange Cryptopia. In a press release published on Aug. 21, Cryptopia’s liquidator claims to “have made good progress towards […]

Continue Reading

Kraken OTC Desk Head: Trading Volume Has Increased 2,000% Since 2018

Nelson Minier, head of over-the-counter trading at cryptocurrency exchange Kraken, says its volume has increased twenty-fold since 2018. Nelson Minier, head of over-the-counter (OTC) trading at major cryptocurrency platform Kraken, has stated that the OTC desk’s trades per month have increased by a factor of 20 since the beginning of last year. Minier gave his […]

Continue Reading

Bitfinex and Tether Respond to New York Judge, Will Pursue Appeals

Bitfinex and Tether have acknowledged the judge’s decision not to dismiss their case due to a claimed lack of jurisdiction in New York but plan to appeal. Bitfinex and Tether have replied to Judge Joel Cohen’s recent ruling in the New York Attorney General (NYAG) ongoing case against companies. Cohen dismissed Bitfinex’s motion to throw […]

Continue Reading

Huobi Wallet to Support MakerDAO Tokens, Decentralized Applications

Huobi Wallet has added MakerDAO’s various offerings to its list of supported assets and services. Major cryptocurrency exchange Huobi has added support for MakerDAO tokens and decentralized apps (DApps) in its wallet.  Huobi Group shared the announcement with Cointelegraph on Aug. 19. MakerDAO has a stablecoin called Dai, a token named MKR, and applications including […]

Continue Reading

Coinbase and Barclays Part Ways, Will UK Users Be Affected?

Barclays halts business with Coinbase as exchange needs an innovative bank to tailor to its AML and KYC needs, but will U.K. customers be better off now? It is being reported that Barclays, the London-based global bank, recently stopped banking for Coinbase, the United States-based crypto exchange. Coinbase reportedly found a quick replacement in the […]

Continue Reading