South Korea’s largest cryptocurrency exchange has brushed shoulders with the law having been accused of falsifying balance sheets to deceive investors. According to investigators who raided Upbit, the exchange transferred customers’ exchange funds to separate accounts prompting suspicion of fraud activities. The raid carried out by ten investigators from the Financial Supervisory Service (FSS) was […]
Ethereum
Money Moves into Ethereum, Trading Takes Over Bitcoin’s Share
There has been a curious trend with Ethereum (ETH) that indicate to a possible “flippening” and staging a strong challenge to Bitcoin as the leading cryptocurrency. For a number of months, Ethereum trading accounted for less the 10% of all trades. On the other hand Bitcoin has taken up 36% of all the trading. The rise […]
eToro Adds EOS as Demand for Altcoins Surges
In response to raising demand for altcoin trading and investment opportunities, eToro has announced that it has added EOS to its platform effective April 23rd, 2018. eToro is a next generation world investment and trading platform and has a total of nine million investors. The platform allows user to manually investors in more than 1,500 […]
trueEX Enters into a Pact with True Digital Holdings and ConsenSys To Develop a Benchmark Rate for Ethereum
trueEX, a fintech company based in New York, has entered into an accord with ConsenSys, a blockchain tech company, and True Digital Holdings to make available the Ethereum to institutional players. The three companies have joined hands to develop a benchmark rate for Ethereum. trueEX will also unveil regulated derivative contracts for the digital assets. […]
The World Might Be Compelled To Put Up With The Crypto Axis Of Evil
At this point in time there is much speculation revolving around the Venezuela’s oil-backed cryptocurrency and that is with special regards on whether or not it will be succeeding in the long run. Experts have in numerous instances asserted that it could end up portending a whole new use case for the technology and to […]
Dfinity Succeeds In Raising $61 Million For A Close Rival Of Ethereum
Dfinity, a close rival of ethereum has managed raise about $61 million by trusted investors Polychain Capital and Andreesen Horowitz. And reports indicate that it is the first token Andreesen Horowitz has channeled as an investment. General partner at Andreesen called Chris Dixon is the one that was entrusted with leading his firm’s investment in Dfinity. […]
Ethereum (ETH) Worth $2 Million Stolen Ahead Of Seele ICO
Reports indicate that investors who were planning to put their money in the Seele ICO have had their Ethereum (ETH) virtual currencies worth more than $2 million stolen by people who are thought to have administrator privileges or at least people who were impersonating administrators. According to reports two accounts which had administrator privileges in […]
