Draper-Backed Exchange in Lockdown Following ‘Sophisticated’ Attack – CoinDesk

Coinhako, a cryptocurrency exchange backed by Tim Draper, has restricted user withdrawals after falling victim to a “sophisticated attack.” The Singapore-based exchange told users Friday that account send functions for cryptocurrencies had been temporarily disabled. Although a spokesperson initially said this was for “network maintenance”, the exchange admitted Saturday it had been victim to an […]

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SEC Rejects Latest Bitcoin ETF Bid – CoinDesk

The U.S. Securities and Exchange Commission (SEC) rejected Wilshire Phoenix’s bid for a bitcoin-based exchange-traded fund (ETF). In a filing posted Wednesday, the securities regulator wrote the New York-based Wilshire Phoenix had not proven the bitcoin (BTC) market is sufficiently resistant to market manipulation. Wilshire, a newcomer to the financial services industry, first applied for […]

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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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National Stock Exchange of Australia Plans DLT Platform to Compete With ASX – CoinDesk

Australia’s primary stock exchange could soon have a new blockchain-based rival. National Stock Exchange of Australia owner NSX Ltd. and financial institution iSignthis (ISX), both publicly listed companies, announced Thursday they are forming a joint venture to offer a digital securities trading platform. Called ClearPay, the new entity will offer a platform based on distributed […]

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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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UK Crypto Exchange Coinfloor Launches ‘No BS’ Service for Bitcoin Beginners – CoinDesk

U.K-based crypto exchange Coinfloor, which made news last year by delisting ethereum to focus solely on bitcoin, is launching a simplified buying service. Going live next month, Coinfloor, the longest-running crypto exchange in the U.K., is providing an “Auto Buy” service aimed at bitcoin (BTC) newbies and hodlers alike, as opposed to sophisticated trading types. […]

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