Crypto Exchanges Huobi and Fisco Investigated by Japan Watchdog: Report

Cryptocurrency exchanges Huobi Japan and Fisco are said to have been investigated by the country’s financial watchdog last week. A Reuters report on Tuesday, citing “two sources familiar with the matter” said that the Financial Services Agency (FSA) visited the two exchanges to assess their customer protection and anti-money laundering (AML) provisions. Japanese exchanges run by the two firms have recently […]

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Crypto Exchange Bithumb Hacked for $19M EOS By the Insider

It has also been reported that up to a further 20 million XRP ($6 million) may have been stolen. The last time Bithumb was attacked, it lost approximately $30 million ($14 million of which was later recovered) and was mandated to shutter its deposit and withdrawal services for months. We already wrote of how Bithumb had become a victim of […]

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Huobi Prime Launches But Users Complain About the Service

The new plaform for Initial Coin Offerings (ICOs), Huobi Prime, has recently launched with a project known as TOP Network (TOP). Aimed at competing against Binance Launchpad, the Huobi Prime will be allowing users to purchase ICO tokens directly from their platform. Although the service aimed at solving some of the issues presented by the Binance Launchpad, several users complained […]

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Huobi Token Price Surge Continues as Value Surpasses $2.50

Not all momentum in the cryptocurrency industry makes sense at first. While there are some interesting price changes taking place right now, few currencies note nay real bullish momentum. The Huobi Token price, on the other hand, has noted very strong gains all week long and seemingly continues down the same path without too much resistance. Huobi Token Price Run […]

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Binance DEX To Be Launched Soon, May Revolutionize Trading

Since its launch in July 2017, Binance has established itself as a leader among crypto exchanges. It has managed to maintain its dominance largely by regularly adding new features, and proving itself capable of adapting to the rapidly changing market. It now appears ready to take its boldest step to-date by soon launching its decentralized exchange (DEX), which could revolutionize […]

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NEM Foundation is One Month Away From Bankruptcy

NEM foundation, the development team behind the popular cryptocurrency project, NEM, is about to go bankrupt and the foundation is about to start laying off workers in droves. The ongoing downtrend and the mismanagement of funds from the previous council have been identified as the cause. NEM Foundation Set to Fire Staffs The NEM foundation will be following in the […]

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Binance, Huobi and More Announce Support of the Upcoming BitTorrent Token (BTT) Airdrop

At the very beginning of 2019, peer-to-peer torrent client BitTorrent acquired by Tron, the company behind blockchain-based decentralized protocol, announced the launch its own cryptocurrency, BitTorrent Token (BTT), that would run on the Tron protocol. Later, Justin Sun, CEO of both Tron and BitTorrent, announced via Twitter that the first airdrop will be on the 11th of February this year. On February […]

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Huobi Japan (BitTrade) Launch Operations as a Fully Regulated Exchange

Huobi Japan, the cryptocurrency exchange re-born as a result of a merger between BitTrade and Huobi Group, has now resumed operations as a wholly-regulated exchange by Japan’s Financial Services Agency (FSA), according to a press release on January 17, 2019. Huobi Japan Gets FSA Greencard As reported by BTCManager in September 2018, as part of Huobi Group’s strategy to help […]

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Huobi to Launch EOS-Based Cryptocurrency Exchange

Singapore-based cryptocurrency exchange Huobi has announced that it will launch a crypto exchange based on the EOS Distributed Proof-of-Stake protocol. The exchange’s mining team Huobi Pool will be behind the launch of the exchange, which is expected in the first quarter of 2019. CEO of Huobi Pool, Cao Fei, said of the development: As an EOS super node, Huobi Pool has […]

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