Op-Ed: Crypto-Security – the Good, the Bad, and the McAfee

3 days ago admin2 0
If you’ve been following the news over the past few days then you might have noticed CCN’s coverage on reported acquisition of unauthorised hacker access to the recently released Bitfi hardware wallet, created by controversial cybersecurity veteran John McAfee (ex-McAfee Associates, Cloak Phone). Whilst the Bitfi security saga has gained widespread media attention, largely due Read More

Crypto Trading 101: How to Read an Exchange Order Book

5 days ago admin2 0
It takes two to tango in the world of crypto trading, where a dynamic relationship between buyers and sellers is always on display in something called an order book. A tool that visualizes a real-time list of outstanding orders for a particular asset, order books represent the interests of buyers and sellers, offering a window into Read More

Facebook’s Marcus Steps Down From Coinbase Board

6 days ago admin2 6
David Marcus is stepping down from the board of directors at cryptocurrency exchange Coinbase, citing his new assignment at Facebook leading the social media giant’s blockchain strategy. Marcus, a vice president at Facebook since 2014, joined the board at Coinbase, now valued at $8 billion, in December of last year. At the time, CEO Brian Armstrong said Read More

Volumes Surge on Turkey’s Crypto Exchanges as Lira Tanks

6 days ago admin2 0
Trading volume on Turkey’s cryptocurrency exchanges surged Friday as the country’s fiat currency plunged to record lows on economic jitters. According to CoinMarketCap, volume at Turkish exchanges Paribu, Btcturk and Koinim jumped over the past 24 hours by more than 100 percent each. Absolute volumes are still relatively small at these exchanges, with Btcturk, the country’s largest, handling Read More

Binance Offers First Look At Planned Decentralized Crypto Exchange

6 days ago admin2 0
Cryptocurrency exchange Binance unveiled the platform’s first look at its upcoming decentralized exchange (DEX) on Thursday. Binance, one of the world’s largest cryptocurrency exchanges by trading volume, announced back in March that it plans to launch a new public blockchain for the purposes of developing the Binance Chain, a platform to transfer and trade different crypto Read More

GMO’s Cryptocurrency Business Made $2.3 Million Profit in Q2

1 week ago admin2 0
Japanese IT giant GMO has just reported making an operating profit of 255 million yen (about $2.3 million) for its cryptocurrency business in the second quarter of this year. The firm released its financial report following an earnings call on Thursday, which indicated that the company’s crypto segment made a total of 2.6 billion yen, or $23 Read More

ShapeShift Acquires Tool That Quickly Swaps Bitcoin for Other Cryptos

1 week ago admin2 0
ShapeShift has acquired a startup that developed a tool for exchanging cryptocurrencies more efficiently. The company said Wednesday that it acquired the Texas-based Bitfract after it made the tool – allowing for the exchange of bitcoin for “dozens of digital assets in a single transaction” using the company’s API. The idea is that the tool makes Read More

Markets Tech Firm to Launch Crypto Derivatives Exchange

1 week ago admin2 0
Interactive financial markets technology platform LevelTradingField is launching a cryptocurrency derivatives exchange using the ethereum blockchain. Dubbed CADE, the exchange is set to go live this September. It will list ERC-20 tokens which track bitcoin, ether, litecoin, bitcoin cash, ripple and monero, with more to be considered on a rolling basis, according to a press Read More

Mt Gox Creditors Are Preparing to Claim for Bitcoin Repayments

2 weeks ago admin2 0
A group of creditors of the defunct bitcoin exchange Mt. Gox have started preparing to claim for bitcoin repayments following a court’s decision in June. Lawyers representing several Mt. Gox creditors – who filed a petition in November to move Mt. Gox out of bankruptcy and into a process of civil rehabilitation – on Thursday Read More

OKEx Confirms $9 Million Clawback After ‘Enormous’ Bitcoin Future Fails

2 weeks ago admin2 0
After a user made an “enormous” gamble on bitcoin futures, and lost, Hong Kong-based cryptocurrency exchange OKEx said it is having to claw back millions from counterparties. The exchange explained on Friday that it force-liquidated an “unusually large” long position of 4,168,515 bitcoin futures contracts held by a client on July 31 after the user declined Read More