Okex Fights Market Manipulation Rumors Following Painful Futures Contracts Rollback

Okex has made another announcement regarding its decision to roll back futures contracts after clients were hurt by massive liquidations. The company apologized again for the inconvenience, tried to address rumors regarding the incident and threatened to sue anyone spreading them. Also Read: OTC Cryptocurrency Desks Trade Billions Over Skype BTC Futures Manipulated Okex, the … Read more

Huobi Officially Launches in South Korea with 100 Cryptocurrencies

Huobi has officially launched in South Korea. The platform facilitates the trading of 100 cryptocurrencies and 208 markets. The exchange is also creating an investor protection fund and program to immediately compensate for any losses that are not investor error. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Huobi Korea Launched Huobi … Read more

Okex Rolls Back Futures Contracts After Liquidations Leave Traders Reeling

Okex has promised to roll back futures transactions after irregular activity saw bitcoin plunge to under $4,800. The incident triggered massive liquidations, wiped out hundreds of contracts, and saw one trader threaten to commit suicide in front of Okex’ Hong Kong offices. Also read: Hacked Cryptocurrency Exchange Youbit Re-Emerges Amid Insurance Controversy Okex Reverses the Rekoning … Read more

Hong Kong Regulator Halts Black Cell ICO

Hong Kong’s Securities and Futures Commission (SFC) has halted Black Cell Technology Limited from issuing its initial coin offering (ICO) in Hong Kong. Black Cell has agreed to distribute refunds to Hong Kong-based investors. Also Read: Bittrex to Delist 82 Altcoins at End of March  Black Cell ICO Halted in Hong Kong Hong Kong’s SFC has … Read more

Circle Goes on a Hiring Spree to Improve Service at Poloniex

One of the main concerns for the cryptocurrency investing community over the last year was the ability of exchanges to handle the huge influx of new traders into the ecosystem. Circle seems to have picked up on that sentiment, going on a hiring spree in order to improve the service at its recently acquired venue … Read more

South Carolina Declares Cloud Mining Contracts to Be Securities

The Attorney General of South Carolina has served a cease and desist order on Genesis Mining. In documents filed before its Securities Commissioner, it has declared cloud mining contracts to be securities, in a move that could have repercussions beyond the confines of the Palmetto State. Also read: ‘Cryptomatoes’ Using Excess Mining Heat to Grow Produce … Read more