Coinbase Just Paid a $30K Bounty for the Discovery of Critical Bug

news San Francisco-based cryptocurrency exchange desk Coinbase has just forked out a $30,000 bounty to the finder of a critical bug in its systems. As reported by The Next Web, the bounty is the latest to be posted on vulnerability coordination and bug bounty platform HackerOne. Previously a large number of smaller bounties, mostly in the…

NYSE Parent ICE Anticipates Over $20 Million Spend on Bakkt This Year

news Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, estimates it will spend more than $20 million this year in building Bakkt, its bitcoin futures trading and custody platform. In an earnings call for Q4, 2018, on Feb. 7, Scott Hill, ICE’s chief financial officer, said the firm’s investment in Bakkt…

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)…

A Court Date for QuadrigaCX: What to Expect at Tomorrow’s Hearing

news The troubled crypto exchange QuadrigCX has appealed for creditor protection, setting the stage for a significant court hearing on Feb. 5 in Canada. Last Thursday, the exchange’s appeal was made before the Nova Scotia Supreme Court, with QuadrigaCX claiming that doesn’t have access to wallets containing some $137 million (U.S. dollars) in cryptocurrency. As…

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,…

New Exchange Claims It Can Tokenize Shares of AirBnb, Uber, SpaceX

news Crypto startups Zilliqa and MaiCoin have teamed up to create a centralized security token exchange in Singapore that will apply blockchain technology to the trading of traditional asset classes. Announced today, Hg Exchange aims to act as a “one-stop solution” for token issuers, buyers, sellers and market makers, providing participants access to privately held…

Crypto Exchange CEO Sentenced to 3-Year Jail Term for Faking Trading Volume

news Two executives from South Korean crypto exchange Komid have been handed down jail time for faking trading volume and deceiving investors. According to a report from CoinDesk Korea, the firm’s CEO Hyunsuk Choi received a three-year sentence for his role in the crime, as well as for embezzlement. Another member of the team, Park…