Coincheck Shows Relief As Regulator Orders ‘Improvements’ After Hack
Japan’s financial regulator has ordered hacked exchange Coincheck to “improve” but appears uninterested in restricting cryptocurrency activities. FSA: 'Don't Do...
Bitcoin Exchange
The number of bitcoin exchanges is forever increasing as the digital asset grows in popularity. With such an overwhelming choice it is becoming a challenge to determine the good from the bad. Security is a big concern for many as hacks and breeches are becoming more commonplace. Bitcoin exchanges also vary in terms of fees, spreads and commissions charged for buying and selling BTC. The larger ones have lower fees as they operate on greater volumes. They may also have larger reserves for compensation in the event of a theft or technical error resulting in the loss of customer’s bitcoin. Different countries will have differing regulations with regards to the operation of bitcoin exchanges. Most of them now have strict KYC (know your customer) and AML (anti-money laundering) requirements which means users need to prove their identification. Bitcoinist only deals with the most reputable bitcoin exchanges and will only report the facts on any news relating to them. In the not too distant future there are likely to be as many bitcoin exchanges as there are banks so we will be keeping up with the latest news and updates from them.
Coincheck to Reimburse $425 Million to Users Affected by Hack
Japanese crypto exchange Coincheck announced that it would reimburse roughly $425 million to its users affected by the recent hack....
Coinbase, Exchanges ‘Won’t Run’ Lightning Network – Andreas Antonopoulos
Andreas Antonopoulos has said he doesn’t expect regulated exchanges such as Coinbase to run the Lightning Network as it gains...
Watch Out, Coinbase! Robinhood Targets Millennials with Free Crypto Trading
Robinhood, the self-acclaimed fastest-growing online brokerage in history, is getting into cryptocurrencies. It will be offering zero commission crypto trading...
South Korea Fines 6 Exchanges For Security Law ‘Violations’
Six major South Korea cryptocurrency exchanges have received fines of around 25 million won ($23,500) for lax security measures which...
Coinbase Creams It with over a Billion Dollars in Revenue
The markets are currently falling, and those recently into crypto could be concerned. Crypto exchange Coinbase certainly isn’t worried. In...
Invisible War: How to Stop Being Screwed by Centralized Crypto Exchanges
The impetus behind Bitcoin's success is, without doubt, society's increasing demand decentralize money. Rapidly growing dissatisfaction with banks and governmental monetary...
BitPado: Dubai’s Latest Crypto Exchange
Dubai continues to embrace blockchain technology through the latest addition to its available exchanges, BitPado. We recently reported on how...
