exchange

Indian Crypto Framework

To Avoid Crypto Ban, Major Indian Exchange Proposes New Regulatory Framework

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 […]

The ethereum virtual currency logo is displayed on an automated teller machine (ATM) at the Coin Trader bitcoin retail store in Tokyo, Japan, on Wednesday, Aug. 30, 2017. Stock of Bitcoin, the best-known digital currency, has surged 358 percent this year. While staggering, lesser-known competitors have seen even bigger gains, such as the more than 4,000 percent increase for ethereum. Photographer: Tomohiro Ohsumi/Bloomberg

Rising transaction fees for Ethereum could be a deal breaker for day traders

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 […]

Bitcoin

Bitcoin Up in a Year Again: Hits USD 11,000, Dominance Grows

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 […]

Bithumb

Bithumb Exchange Owns More Assets Than Its Customers

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 […]

User Funds Are Safe After the Confirmed Breach of Etana’s Custody

User Funds Are Safe After the Confirmed Breach of Etana’s Custody

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 […]