BuyUCoin, the major Indian cryptocurrency exchange, has developed a cryptocurrency regulatory framework in India that it claims is supported by “all Indian cryptocurrency stakeholders.” It is not yet clear, however, which stakeholders have helped develop the framework. Or ‘sandbox,’ to be officially released on October 2. The framework was described by BuyUCoin. Which has more […]
Until quite recently, owing to the ongoing DeFi craze, the price of Ethereum seemed to have surged overnight. Indeed, according to many analysts, the explosion of DeFi has been the top driver for growth in Ethereum. Moreover, DeFi’s Total Value Locked figures have grown from below $1 billion at the beginning of 2020 to $10 […]
It took one day for the most popular cryptocurrency, bitcoin (BTC), to climb from the long-awaited level of USD 10,000 to USD 11,000, boosting its market dominance and again showing positive returns in the past 12 months. However, even among the top 10 coins, BTC is still not the best performer. At pixel time (04:40 […]
Bitcoin edging ever closer to a support level of $9,000 could result in a big sell-off by exchange users, warns one analyst. Bitcoin (BTC) inflows to exchanges soared on July 15 according to data from on-chain analytics platform CryptoQuant. Kraken records rare BTC inflows of $38.5M a day If traders return Bitcoin to exchange from […]
Leading South Korean exchange Bithumb’s own assets are, by a due diligence analysis, higher than the combined total of its customer holdings. The report was part of a recent audit conducted by Seoul-based auditor Jungin Accounting, according to Sports Seoul. The auditor found that the balance of both Bithumb’s own fiat (KRW) and crypto reserves […]
On April 18, Etana Custody, a custody firm offering fiat financing services to Kraken’s main cryptocurrency exchange, reportedly breached. Given an unauthorized party infiltrating the Etana’s network. Also, a company spokesperson stated to reporters that there was no effect on client funds. On April 18, a widely cited memo from Etana Custody states that. “client […]
