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Bitfinex DDoS Attack Shuts Out Users

Bitfinex DDoS Attack Shuts Out Users

The Bitfinex cryptocurrency exchange has been experiencing a Distributed Denial of Service (DDoS) attack since the morning of 5 June 2018, according to an announcement on its Twitter account. The attack started this morning during unplanned maintenance due to problems with its trading engine, and is causing extreme load and poor performance on its servers. Bitfinex is under DDoS attack. …


SBI Holdings Launches First Bank-Backed Crypto Exchange in Japan

SBI Holdings Launches First Bank-Backed Crypto Exchange in Japan

SBI Holdings has announced the launch of VCTRADE, a cryptocurrency exchange based in Tokyo, Japan. This is the first cryptocurrency exchange launched by an officially licensed bank in Japanese history. The exchange will have extremely low latency, adopting the technology used by NASDAQ, the well-known global stock exchange. Additionally, VCTRADE promises the narrowest spreads possible between buy and sell prices. …


HB10: Huobi’s Blockchain Powered ETF Announced

huobi, hb10, HB10 – Trade 10 Assets With Huobi’s Blockchain Powered ETF

The Singapore headquartered Huobi has announced the debut of the crypto-based exchange-traded fund (ETF) HB10. This means retail traders will now be able to trade in various assets portfolios instead of trading in just one asset at a time. “Retail traders have been used to the various investment options that accept transactions both in cryptocurrencies and in fiat money, but …


Over 25 Million Blockchain.info Bitcoin Wallets Created

Over 25 Million Blockchain.info Bitcoin Wallets Created

Blockchain.info has hit a milestone this past week with users of the online Bitcoin wallet service having created more than 25 million wallets. This is by far the most out of any online Bitcoin wallet service; Coinbase, a major Bitcoin exchange based in the United States, has 13 million in comparison. The Blockchain.info wallet service can easily be used on …


Bittrex to Offer Select Clients US Dollar Pairs

Bittrex to Offer Select Clients US Dollar Pairs

US-based cryptocurrency exchange platform Bittrex has confirmed a partnership with several financial institutions that will allow select clients in the US to pair BTC/USD, as well as connect pairs for ‘stablecoins’ Tether and TrueUSD. As reported by Bloomberg, the agreement will allow for now predominantly corporate clients in a limited number of states to purchase the nearly 200 digital tokens offered …


Huobi Crypto Exchange Enters Brazil

Huobi Crypto Exchange Enters Brazil

The Huobi cryptocurrency exchange has set up an office in Brazil’s largest city, Sao Paulo, and has announced its intent to enter the Brazilian market, according to an interview with Coindesk. Employees from Huobi were seen distributing their cards and talking to well-known industry leaders at a local cryptocurrency event in Sao Paulo. On LinkedIn, Huobi is seeking to hire …


BitBay Moves to Malta, Ditching ‘Uncooperative’ Polish Banks

BitBay Moves to Malta, Ditching 'Uncooperative' Polish Banks

Poland’s largest cryptocurrency exchange has announced that it will be suspending its activities. Due to lack of cooperation from Polish banks, the BitBay exchange operations will be conducted in the Republic of Malta. Suspended activities In a 29 May press release, BitBay revealed that the last Polish bank that the exchange was able to work with had unilaterally decided to cut those …


Ex-Coinbase User Claims Account Lock Caused Homelessness, Swears Off Exchanges

Ex-Coinbase User Claims Account Lock Caused Homelessness, Swears Off Exchanges

A Coinbase user has bitterly claimed that exchanges do not “act in the spirit of Bitcoin” and have “turned Bitcoin into something worse than fiat currency”, after being locked out of his account with the popular US cryptocurrency exchange. The user has recounted a torrid experience without access to funds, including a period of homelessness. “Bitcoin is supposed to be …


Huobi Pro Offers Real-Time Tracking of Cryptocurrency Market Trends

Huobi Pro Offers Real-Time Tracking of Cryptocurrency Market Trends

Huobi Pro is establishing a new cryptocurrency market index for its valuable customers. The previously Beijing based Huobi Group was founded in September 2013, and as a part of its development strategy, the organization established Huobi Pro Exchange. The exchange platform has gained a lot of prominence since then. The organization moved the exchange to headquarters in Singapore as the Chinese …


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