exchange

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 […]