Latest News

New victim of hackers: DragonEx exchange
26 March, 2019 17:53

New victim of hackers: DragonEx exchange

Singapore-based cryptocurrency trading platform – DragonEx – reported that it faced a hack attack on March 24 and lost both users' and own's assets. The total losses have not been unveiled yet. DragonEx has taken all possible actions to deal with the accident and managed to return some assets. All the operations at the exchange have been suspended.

CoinMarketCap to improve data instruments on recent report about fake volumes
26 March, 2019 16:01

CoinMarketCap to improve data instruments on recent report about fake volumes

On March 25, one of the leading and best-known crypto analytical CoinMarketCap confirmed the report about fake trading volume data and expressed intentions to take measures against wrong figures striving to make the data more transparent and accurate. CMC is open for cooperation with the public and accepts any comments from the community regarding the ways how to improve the website and services offered.

Bitmain report: IPO application expires, re-filing possible in future
26 March, 2019 11:55

Bitmain report: IPO application expires, re-filing possible in future

The leading producer of crypto mining facilities Bitmain has confirmed in its blog that their IPO application at the Hong Kong Stock Exchange expired. The application was lodged back in late September 2018. Bitmain's application has got the status "lapsed" by now. Nevertheless, the company cited strong business progress achieved over that time.

eToro buys smart contract developer Firmo
25 March, 2019 17:35

eToro buys smart contract developer Firmo

eToro has reportedly acquired the smart contract developer Firmo which will enable it to offer tokenization of derivatives on all major blockchains. CEO Yoni Assia noted that with Firmo they would become able to expand their smart contract offering. The companies refused to disclose the contract cost.

Binance introduces new format of token sale campaings at Launchpad
25 March, 2019 14:24

Binance introduces new format of token sale campaings at Launchpad

On March 24, Binance announced changes of a token sale campaign for the next project that will be presented at its Launchpad platform in which the chance of the win will depend on user's amount of BNB coins. The next token sale will represent a lottery. At the same time, every account will be able to get up to 5 lottery tickets, though the number of the tickets that a user can get will be based on the amount of BNB holding in Binance account over 20 days before the event.  

Bitwise casts doubt on bulk of volumes at unregulated platforms
25 March, 2019 12:32

Bitwise casts doubt on bulk of volumes at unregulated platforms

Bitwise Asset Management that provides fund indices submitted an analytical report to the US Securities and Exchange Commission citing that the bulk of the transactions performed by unregulated trading platforms seem to bear a fake nature. The company prepared about 220-page presentation which is believed to be a supplementary material to its bitcoin-ETF application that was lodged earlier.

OKEx provides details about new decentralized exchange project
22 March, 2019 17:49

OKEx provides details about new decentralized exchange project

The cryptocurrency exchange OKEx has officially announced the development of the decentralized platform based on the company's own blockchain. The company released notice on March 22 in which it unveiled certain details about the development process. This move comes in line with the anniversary of the listing of OKB token last year. The total amount of OKB to be issued has been set at 1 billion. Specifically, 300 million are already in use, while the remaining 700 million are blocked. OKB is planned to be the only token that will be supported during IEO at new OKEx platform. 

SBI Holdings targets mining chips production via new division
22 March, 2019 15:37

SBI Holdings targets mining chips production via new division

On March 22, Japan's SBI Holdings has announced its new production division that will be focused on chips and systems for cryptocurrency mining under its crypto business expansion plan, according to the official announcement. The new manufacturing business called SBI Mining Chip Co will be run by Adan Traidman, former NASA veteran with vast experience in dealing with revolutionary "semiconductors and other electronics".

Bitmain rumoured to plant 200,000 crypto mining units in China
22 March, 2019 12:11

Bitmain rumoured to plant 200,000 crypto mining units in China

The major producer of crypto mining producer – Bitmain – rumoured to ramp up capacities in the south-western provinces of China striving to make use of cheap power during the summer period. The sources in the know stated that the company expressed intentions to place about 200,000 mining capacities in the regions with excessive hydro resources. These regions reduce electricity tariffs for summer.

Trustee of  Mt Gox makes decision on civil rehabilitation requests
21 March, 2019 16:47

Trustee of Mt Gox makes decision on civil rehabilitation requests

On March 19, the trustee of the dead cryptocurrency exchange Mt Gox stated that they became one step closer to refunding the platform's creditors citing consideration of the rehabilitation requests. Nobuaki Kobayashi considered all the requests filed by the creditors and made a determination on them (positive or negative). Creditors will receive notifications in the near term. However, some concerns arise around the issue of how creditors may spend the money.

Public comments for VanEck/SolidX bitcoin-ETF mostly negative
21 March, 2019 14:46

Public comments for VanEck/SolidX bitcoin-ETF mostly negative

The US Securities and Exchange Commission has unveiled received comments regarding the recent proposal to change rules for the VanEck/SolidX bitcoin-ETF. The regulator received seven comments over that period, with six of them being firmly negative regarding the launch of the ETF. The most detailed comment was submitted by Sam Ahn, in which bitcoin was said to lack so-called intrinsic value.

 US dollar posts some weakening at Thursday trading
21 March, 2019 12:38

US dollar posts some weakening at Thursday trading

The US dollar has mostly slackened in the second half of the week once the US Federal Reserve stated that it would keep sticking to the flexible position. According to the market data, the euro somewhat strengthened vs the greenback at the Thursday trading with the rate was recorded at $1.1420, but then trimmed gains staying near $1.1403 for now. The results of the US Fed meeting showed that the authority decided to leave core interest rate unchanged.