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)…

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…

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,…

Binance Freezes Tokens from Hacked Cryptopia Exchange

New Zealand-based crypto exchange Cryptopia was hacked two days ago. The thief (or thieves) made off with approximately $3.6 million in cryptocurrency. Now, the biggest cryptocurrency exchange, Binance, has frozen tokens sent to its wallet by the alleged hackers. Binance Freezes Tokens According to Binance CEO Changpeng ‘CZ’ Zhao, the exchange reportedly received an unspecified amount of cryptocurrency that…

Crypto Hack Takes Crypto Exchange Cryptopia Offline

Another crypto hack has plagued the cryptocurrency space. This time, the New Zealand-based Cryptopia found itself at the center of it. The cryptocurrency exchange announced the news via the company’s Twitter this morning, stating it “suffered a security breach which resulted in significant losses.” Cryptopia Crypto Hack pic.twitter.com/0ZwqFfwwHi — Cryptopia Exchange (@Cryptopia_NZ) January 15, 2019 The…

Ethereum-Based “Stock” Exchange DX Plagued with Security Issues

The highly anticipated Ethereum-based “stock” exchange, DX, launched this week! Despite the vast enthusiasm for the project, problems were immediately discovered regarding the company’s security. The launch on January 7th was only a soft launch, but traders aren’t pleased with the lack of security the platform has initially provided. Ethereum-Based DX.Exchange Flaws And we are finally…