Latest News on Exchange

Technology

Sale of Asian Exchange Data Could Create Revenue Stream of $4.23 Billion Per Year Says Leading Strategy Consultants

Quinlan & Associates, a leading independent strategy consultancy released a report exploring how Asian exchanges can monetize the large volumes of exchange data.

Lucas Cacioli

Nov 27, 2020

| 3 Min Read

#FINTECH #DATA #ASIA #EXCHANGE #TRENDS #FINANCE #STRATEGY

Press Release

NiceHash Keeps Promise to Reimburse Victims of 2017 Security Breach

NiceHash is making good on its promise to repay victims of the 2017 security breach of its exchange, which saw over 4640 BTC stolen ($55,680,000 in Bitcoin at the time).

Lucas Cacioli

Nov 23, 2020

| 2 Min Read

#BLOCKCHAIN #NICEHASH #SECURITY #EXCHANGE #2017 #BITCOIN #REPAYMENT

Exchanges

OKB Token Price Rises Over 10% on News of OKEx Exchange Founder’s Release

Circulating rumors of OKEx exchange founder Mingxing “Star” Xu’s release from the custody of Chinese authorities has seen the OKB token surge over 10% today.

Lucas Cacioli

Nov 19, 2020

| 2 Min Read

#OKEX #ASIA #EXCHANGE #MINXING XU #OKB #TOKEN #INVESTIGATION #CHINA

Exchanges

Crypto.com Launches Turkish Language Version of App and Crypto Exchange

Crypto.com are services for Turkey, a rapidly emerging digital market with a strong affinity for and a high adoption rate of cryptocurrency and blockchain technology.

Lucas Cacioli

Nov 05, 2020

| 1 Min Read

#CRYPTO.COM #TURKEY #LANGUAGE #ACCESS #CRYPTOCURRENCY #EXCHANGE #BLOCKCHAIN

Legal

OKEx Founder Troubles Not Linked to Yuan Money Laundering in China, Says Blockchain Journalist

Colin Wu, a Chinese blockchain journalist thinks it is unlikely Mingxing Xu, the founder of OKEx crypto exchange has anything to do with a Yuan money-laundering scheme.

Nicholas Otieno

Oct 22, 2020

| 3 Min Read

#INVESTIGATION #OKEX #EXCHANGE #FOUNDER #MONEY #LAUNDERING #ALLEGATIONS #STAR XU

Exchanges

Coinbase Reveals Firm Received Around 2000 Subpoenas From Authorities Over Customer's Data

Cryptocurrency exchange Coinbase has revealed in its newly released transparency report that it got served a sum total of 1,914 government requests.

Godfrey Benjamin

Oct 17, 2020

| 2 Min Read

#EXCHANGE #COINBASE #TRANSPARENCY #PRIVACY #REGULATORS

News

OKEx Founder Star Xu Arrested After Crypto Exchange Suspends Withdrawals

Following the sudden suspension of OKEx's withdrawal services, it has been reported that the exchange's founder Star Xu has been taken into police custody.

Lucas Cacioli

Oct 16, 2020

| 1 Min Read

#OKEX #ASIA #EXCHANGE #BITCOIN #OKB #TOKEN #SUSPENSION #INVESTIGATION #STAR XU #FOUNDER #ARRESTED

Exchanges

OKEX Suspends Withdrawals Causing a Bitcoin and OKB Token Price Plunge

OKEx has caused a mild selling panic in the crypto markets after suspending withdrawal services to cooperate with an investigation with the BTC price plunging nearly 3%.

Lucas Cacioli

Oct 16, 2020

| 2 Min Read

#OKEX #ASIA #EXCHANGE #BITCOIN #OKB #TOKEN #SUSPENSION #INVESTIGATION

Cybercrime

We Have Sufficient Evidence to Identify Actors Behind Massive Hack on Crypto Exchange, says KuCoin CEO

KuCoin CEO has announced that they have found sufficient evidence to identify the criminals behind the massive $280 million hack on the crypto exchange.

Nicholas Otieno

Oct 04, 2020

| 2 Min Read

#KUCOIN #CRYPTO #EXCHANGE #CYBER HACK #CRYPTOCURRENCIES #CRIME #EVIDENCE #HACKERS

Legal

Bithumb CEO Summoned by South Korean Authorities Following Police Raid on Offices

The Chairman of the Board of Directors of Bithumb Holdings, Lee Jung-hoon has been summoned by the Seoul Metropolitan Police Agency's Intelligent Crime Investigation Unit following the unit's incessant raid on the exchange.

Godfrey Benjamin

Sep 19, 2020

| 2 Min Read

#CRYPTOCURRENCY #EXCHANGE #BITHUMB #COINBIT #SOUTH KOREA #REGULATION #LAW #POLICE