Hacked Japanese Exchange Considers Capital Tie-Up to Regain Public Trust

Japanese cryptocurrency exchange Coincheck is reportedly considering a capital tie-up in order to regain the trust of crypto investors, following a recent hack where 58 billion yen worth of cryptocurrency was lost. As multiple victim groups are preparing to sue the exchange, the Tokyo police is also stepping up its investigations. Also read: Indians Look to … Read more

Bitfract by Shapeshift Lets You Swap One Cryptocurrency for Many

Instant cryptocurrency exchange specialist Shapeshift has quietly launched a new service. Bitfract, which is still in beta, allows users to swap from one cryptocurrency for multiple cryptos in an instant. For example, you can swap from bitcoin to a brace of different altcoins without needing to make multiple transactions. The tool is free to use, … Read more

Cryptocurrency Exchange Poloniex Has Been Bought by Circle

Payment company Circle has announced that it has purchased Poloniex cryptocurrency exchange. Rumors of the acquisition had been circulating for weeks, and were finally confirmed today in press releases issued by both parties. Poloniex is one of the most well established cryptocurrency exchanges, but has been stagnating. It is hoped that the partnership will revitalize … Read more

What Is Zodiac?

There can never be enough competition among cryptocurrency exchanges. Even though the number of decentralized markets is increasing, Zodiac will be a centralized solution targeting the retail market. The Zodiac Cryptocurrency Exchange It is quite interesting to see how the Invest.com team has decided to venture into the world of cryptocurrency trading all of a … Read more

Nigerians Trade $4 Million in Bitcoin Weekly, despite Warnings

Nigerians are trading close to $4 million worth of bitcoin a week on 13 local exchanges, despite multiple warnings by authorities against investing in cryptocurrencies. Experts have called on the government to rethink its position and adopt smart regulations, “allowing innovation to move forward”. Regulators need to understand how it works before applying bans, analysts … Read more

Bitfinex Plans Launch of Decentralized Exchange Eosfinex

Bitfinex has announced that it will launch a decentralized cryptocurrency exchange built on the Eos.io platform. The new platform, Eosfinex, will be the first exchange to be hosted using Eos.io’s decentralized application infrastructure. Also Read: EOS Raises $700M Despite Token Affording No “Rights, Uses, Purpose, or Features” Bitfinex Partners With Eos to Develop Eosfinex Bitfinex claims … Read more

Coincheck Produces Recovery Plan While Investors Flock to Withdraw Funds

Japanese cryptocurrency exchange Coincheck has submitted a report to the country’s financial authority outlining measures it will take following the hack that lost 58 billion yen worth of the cryptocurrency NEM from its platform. However, customers rush to withdraw 40.1 billion yen of their funds so far as the exchange resumes yen withdrawal service. Also … Read more

What Is COBINHOOD?

With the cryptocurrency industry becoming a lot more popular lately, it is only normal that there is more competition among exchanges and trading platforms. Right now, most centralized exchanges have a few things in common, including trading fees and a lack of tradable currencies. With COBINHOOD, that situation will change sooner rather than later. It … Read more