RAID Project: Bittrex Cancels RAID IEO Hours Before Launch

Cryptocurrency exchange Bittrex has reportedly canceled an IEO (initial exchange offering) hours before its launch. The RAID project was expected to make $6 million USD by selling its XRD token to customers on the Bittrex exchange. Canceled RAID Project Bittrex reportedly called off the token sale after it learned that the RAID project had suddenly terminated its partnership…

OKEx C2C Platform Adds Ripple (XRP) and Bitcoin Cash (BCH)

OKEx has just listed Ripple (XRP) and Bitcoin Cash (BCH) on its customer-to-customer platform, according to a report released this morning by Cointelegraph. The customer-to-customer platform is the cryptocurrency exchange’s newest venture. At the time of writing, OKEx is the top cryptocurrency exchange by its 24-hour trade volume. OKEx Adds Ripple (XRP) and Bitcoin Cash (BCH)…

Coinbase CEO: Defunct Exchange QuadrigaCX Likely Did Not Plan Exit Scam

The CEO of United States cryptocurrency exchange Coinbase added to theories surrounding the downfall of Canadian platform QuadrigaCX in fresh social media comments on Feb. 21.In a series of tweets, Brian Armstrong suggested the exchange, which is currently undergoing restructuring procedures and owes creditors around $190 million, did not attempt fraud.“(QuadrigaCX) was one of the…

US Crypto Traders are the Most Active on Major Exchanges, Data Shows

US crypto traders are among the most active investors across all major cryptocurrency exchanges. This data came from the data analytics firm DataLight. Crypto traders from the US are the most active across the majority of the exchanges except for @bitfinex, which also has the most even geographical distribution of traders. pic.twitter.com/haxoUP6N57 — DataLight (@DataLightMe)…

QuadrigaCX Can’t Access $190 Million in Crypto After Founder Dies

Around $190 million in cryptocurrency has been lost and locked away somewhere online where no one can reach it. What’s to blame? Canada’s largest cryptocurrency exchange, QuadrigaCX. Back in December, the cryptocurrency exchange’s founder perished while in India. According to CoinDesk, a court filing states that the company does not have access to most of…

Crypto Exchange QuadrigaCX Missing $145 Mln After Death of Founder

Following the sudden death of its founder Gerry Cotten, cryptocurrency exchange QuadrigaCX is reportedly missing CA$190 million dollars ($145 million) in digital assets, Canadian news daily The Globe and Mail reports on Feb. 1Citing a creditor protection filing from the Nova Scotia Supreme court, the Globe and Mail states that the firm has been unable…

Report: New Zealand Cryptopia Exchange Hack Continues

Two weeks after it first reported a hack, New Zealand-based cryptocurrency exchange Cryptopia is still compromised by cyber criminals, according to a blog post from blockchain infrastructure firm Elementus on Jan. 29.The exchange suspended services after detecting a major hack that reportedly “resulted in significant losses” on Jan. 15. Cryptopia stated that the hack occurred the…

Binance Launches OTC Trading Desk, Following Bittrex

Binance has just released a new over-the-counter (OTC) trading desk for larger transactions. The world’s number one-ranked cryptocurrency exchange released the new announcement yesterday via blog post. Binance Launches OTC Desk Last week, the largest US cryptocurrency exchange Bittrex launched its over-the-counter trading platform. Bitfinex was the first platform to initiate it back in 2016,…