Insolvent Exchange FCoin Had Bitcoin Outflow Problems Just Two Months After Launch: Report – CoinDesk

Cryptocurrency exchange FCoin, which revealed its insolvency this week, may have already been leaking bitcoin as early as July 2018 – just two months after its debut. On-chain analysis and security startup PeckShield released a report on Friday, suggesting FCoin’s bitcoin (BTC) wallets had a significant outflow of nearly 10,000 BTC between July 19 and […]

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Crypto Exchange Binance Suspends Trading Over ‘Systems Messaging Error’ – CoinDesk

Binance, the world’s largest cryptocurrency exchange by trading volume, suspended trading on Wednesday, alerting users of an outage due to “temporary system maintenance.”  The exchange has suspended deposits, withdrawals, spot trading, margin trading, person-to-person trading, lending, redemption and asset transfers from sub-accounts, margin accounts, futures accounts and wallets that hold government-issued or “fiat” currencies, according […]

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Novogratz’s Crypto Investment Firm Galaxy Digital Shrinks Workforce 15% – CoinDesk

Galaxy Digital, the cryptocurrency merchant bank founded by Wall Street veteran Michael Novogratz, has laid off 13 people, roughly 15 percent of its workforce, people familiar with the situation said. The layoffs occurred across the board in early January, and all of the New York-based firm’s business divisions – asset management, trading, principal investments and […]

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OKEx Partners With Bain-Backed Crypto Exchange to Launch Leveraged Futures in India – CoinDesk

An Indian cryptocurrency exchange has partnered with Malta-based trading platform OKEx to offer futures products specifically for the subcontinent market. Mumbai-based CoinDCX announced Friday the strategic partnership will help it develop a new derivative facility – known as DCXfutures – in return for providing OKEx with a foothold in the Indian market. Using CoinDCX’s new […]

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