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Over 70 percent of the leading cryptocurrency exchanges allow users to create accounts with weak passwords, a new study reveals. This leaves them exposed to financial theft due to unsafe password practices, the authors say. Less than half of the surveyed trading platforms provide password strength assessment tools. Also read: NEM Foundation Stops Tracking … Read more
The disappointing price performances of the cryptocurrency markets in January and February have apparently driven many bitcoin traders to avoid checking on their exchange accounts. Estimations of the total number of visits to the trading venues based on web traffic show a sharp decline month over month. Also Read: University Student Gang ”Breaking … Read more
Regulatory pressures and a broadening bank clampdown have seriously affected cryptocurrency exchanges in India. Their representatives claim bitcoin trading has dropped as much as 90 percent in the last two months. Cryptos are not considered legal tender in the country and authorities have demonstrated a negative attitude towards their use. At the same time, leading … Read more
While European institutions are issuing another series of warnings about the risks and sins of dealing with bitcoin, crypto communities on the Old Continent are trying to preserve freedoms not granted by Brussels. Two exchanges from opposite corners of New Europe have announced plans to offer peer-to-peer cryptocurrency trading. Latvia-based Hodlhodl has launched its new … Read more
Despite some cracks on the icy surface of inter-Korean relations, caused by the Olympic spirit, tensions on the silent crypto front in Korea remain high. South Korean intelligence has informed lawmakers in Seoul that the North keeps trying to hack cryptocurrency exchanges south of the DMZ. Cryptos worth billions of won have been stolen by … Read more
The cybercrime combating department of Ukrainian Police has voiced support for the legalization of cryptocurrencies despite sharing some concerns about them. The Cyberpolice unit also noted the need to regulate cryptos “as soon as possible”. Ukrainian parliament is yet to adopt new legislation amid mounting calls from other institutions to regulate cryptocurrencies. Also read: Russia’s … Read more
Under mounting pressure to make decisions and take steps to clarify cryptocurrency matters, the Indian government may soon shed some light on one of many unclear aspects – taxation. Local media have turned the spotlight on Budget 2018, but lots of titles end with question marks. The new financial frame is to be presented next … Read more
National Internet Finance Association of China (NIFA) this Friday announced that IMOs (Initial Miner Offerings), represented by the token Wankebi and issued by Xunlei (NASDAQ: XNET), are ICOs in disguise and have emerged as a potentially risky model that warrants vigilance. Also Read: Exchange Problems Mount at Kraken and Coinbase but Bitfinex Reopens Registrations Risk Alert on … Read more
When you are dealing with platforms that are supposed to be the on-ramps to the money of the future it’s hard to accept worse performance than the systems of the past. Unfortunately, this an issue plaguing all major cryptocurrency exchanges at the moment with Coinbase being one of the leading examples right now. Also Read: … Read more
A law firm from Seoul has decided to address arbitrary measures taken by authorities to regulate cryptocurrency trade. Korean lawyers have filed an appeal accusing their government of “unconstitutional” infringement on property rights. Newly imposed rules are devaluing virtual currencies, they say. Also read: Koreans Deposited 64 Times More Fiat Into Crypto Exchanges in 2017 … Read more
