Leading digital financial services platform Bitrue has today announced upgrades to its existing services that will introduce the benefits of Decentralized Finance (DeFi) products to its existing Centralized Finance (CeFi) products. This will allow Bitrue to become the world’s first hybrid exchange, with further pushes into DeFi products planned for
South Korea cryptocurrency exchange Coinbit seized by police for allegedly making false transactions to obtain 100 billion won ($84m). As per the report from Seoul Shinmun, South Korea’s oldest newspaper, police accused Coinbit Owner Choi Mo and other managers for handling multiple accounts, controlling cryptocurrency prices, and raising transaction volume.
BestChange.ru, an aggregator of over-the-counter (OTC) cryptocurrency suppliers in Russia, is being blocked by the country’s internet censorship agency, Roskomnadzor. According to the popup announcement on BestChange.ru, the website is still available to the users through VPN or websites like BestChange.net. Website block announcement is made on local social media
According to blockchain security firm Slowmist, hackers have looted the crypto industry of more than $13 billion in 290 different hacks. As the crypto industry grows, the exploits seem to happen weekly either on an exchange, a blockchain, or a crypto wallet. The crypto users and investors must take precautions
Bitmex, a cryptocurrency derivative exchange will restrict access to users from Ontario, Canada, starting from Sep. 1, 2020, restrictions are mandated by the Ontario Securities Commission (OSC). The Ontario Securities Commission (OSC), an independent Crown corporation, responsible for regulating the capital markets in Ontario. OSC’s statement comes not long after
Researchers have traced over $1 million worth of bitcoin sent as payments to Ryuk ransomware controllers and passed through a wallet on the Binance exchange platform. According to an article from Forbes, the researchers said they had analyzed a sample of 63 transactions, linked to the Ryuk malware that was
On Aug 23, Coinbase CEO Brian Armstrong Tweeted about the $2 trillion tech giant Apple for being very restrictive and hostile to the cryptocurrency in the past few years. Brain said, Apple has been very restrictive and hostile to cryptocurrency over the years. They’re still blocking some functionality right now,
On July 7, Binance announced its partnership with Etana Custody for a new fiat gateway that provides deposit services for 15 fiat currencies. Through Etana, Binance users are now able to deposit 15 new fiat currencies which include UAE dirham, Australian dollar, Canadian dollar, Swiss franc, euro, Checz koruna, British
