Thanks to a reported 190% increase in digital currency scams, the Australian consumers managed to experience a loss of $6.1 million Australian dollars ($4.3 million) last year. The data is based on a report courtesy of the Australia’s very own Competition and Consumer Commission.
Houbi Group, which is an exchange conglomerate based in Singapore, is known for its unique growth strategy when it comes to emerging markets. Basically, it partners with local entities and, later on, split all profits in a 50/50 method. With its attempt to increase revenue growth, it is looking to include 80 more crypto exchange platforms.
Bakkt has made a huge step in the crypto space. Apparently, the Intercontinental Exchange (ICE)-lead institutional crypto trading platform has managed to acquire a digital currency custodian service. Here is everything about it in a nutshell.
In the latest cryptocurrency news, Bitfinex is trying to make a cover of the allegations it received from the New York Attorney General. Basically, the crypto exchange is suggesting that all of these allegations from the NYAG are, in one way or another, inaccurate. Here is everything about it in a nutshell.
Just recently, the Independent Security Evaluators (ISE), which is a security consulting company based in the U.S., released a report concerning private keys for the ETH blockchain. Apparently, a hacker was successful in obtaining millions of the token by simply guessing weak private keys. Here is everything about it in a nutshell.
In the latest crypto news, the government of China has expressed its interest in providing support to the development of a so-called “blockchain city.” The latter, in particular, is going to be built in the critical shipping lane of the Malaysian Malacca Strait. Here is everything about it in a nutshell.
At least two shareholders of Bitfinex have shared their view toward allegations coming from the New York Attorney General. Apparently, they are unconcerned by these. The allegations pertaining to the crypto exchange losing around $850 million of funds, both of which cover client and corporate means.
Paxos, which is an issuer of stablecoin, will reportedly form a partnership with Ontology. The joint initiative is specifically designed for the issuance of around 100 million of PAX tokens, which are said to be pegged 1:1 to the U.S. dollar. The issuance, in particular, will be made possible directly on the blockchain network of Ontology.