‘Final Testing’ Phase: Fidelity Nears Launch of Cryptocurrency Trading & Custody Platform

Much excitement has been building since the large American financial services firm Fidelity Investments first announced back in October that they were building a cryptocurrency trading and custody platform. They are now almost ready to launch their Fidelity Digital Assets Exchange. Fidelity Investments is an investment management company that was established back in 1945 as a mutual fund company. Over the years, they have become synonymous with providing a vast plethora of financial services in regards to wealth management and fund distribution, alongside offering solid investment advice. They are now getting closer to diversifying into the digital assets industry. Fidelity Digital

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New Zealand Exchange Cryptopia Lost $16 Million in Hack, Not Initially Reported $2.5 Million: Research

By CCN.com: Contrary to prior reports putting the value of cryptocurrency stolen in the Cryptopia exchange hack at around $2.5 million, it has emerged that the true value of assets stolen sums up to about $16 million. According to blockchain analysis platform Elementus, this was ascertained by analysing the Ethereum blockchain using the Elementus query

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Oops! South Korean Crypto Exchange Accidentally Sends Traders $5 Million in Bitcoin

By CCN.com: Did you ever dream of waking up in the morning to unexpectedly find a vast amount of cash miraculously appearing in your account? That is what recently happened to users of a prominent South Korean crypto exchange. Coindesk Korea has reported that the Korean crypto exchange Coinnest has accidentally airdropped over $5 million in

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Turkish Crypto Exchange Sistemkoin’s Disturbing Security Flaw Reveals Major Withdrawal Complaints

By CCN.com: Turkish crypto exchange Sistemkoin had done $68 million in volume over the 24-hour period at time of writing. However, according to a report from a user and security researcher, there are significant security problems with the exchange. There are two aspects to our anonymous tipster’s report. First, anyone with a program called Burpsuite and

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Is DX.Exchange a Sham? Crypto Platform For US Stock Trading Linked to Shady SpotOption

DX.Exchange, the new kid on the crypto trading block that offers tokenized versions of Nasdaq-listed US stocks (powered by Nasdaq’s Matching Engine Technology), has some questionable, even sketchy ties with a shuttered binary options trading platform based in Israel. Limor Patarkazishvili owns the much-applauded crypto platform DX.Exchange, CCN has learned. Who is Patarkazishvili? She previously

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Thailand’s Official Stock Exchange is Applying for a Cryptocurrency License

If you have been keeping tabs on the movements of the South East Asian crypto industry, you will know that Thailand is currently becoming one of the region’s major players. st While neighboring nations such as Malaysia are still undecided on whether or not to make crypto legal, other countries on the sub-continent such as

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Binance Foils Cryptopia Hacker by Freezing Stolen Crypto

Binance has frozen some of the funds that were stolen from crypto exchange Cryptopia during the high-profile hack that occurred earlier this week. Binance Puzzled Why Hackers Keep Sending Funds to its Exchange Binance CEO Changpeng Zhao announced the news in an early morning tweet on Wednesday. Just checked, we were able to freeze some of

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BitGo & Genesis Trading Want to Help Whales Avoid Crypto Exchanges

Blockchain security firm BitGo has entered a partnership that will allow its clients to trade cryptocurrency assets that are held in its custody. The partnership with over-the-counter exchange Genesis Global Trading will allow BitGo clients to trade their digital assets without having to move them from the custody service to a crypto exchange. Under the

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‘Gravity’s a B*tch’: BitMEX CEO Mocks Crypto Firms for Failure of ‘Poo Poo’ ICOs

The research team at BitMEX exchange has released a report in collaboration with TokenAnalyst which reveals that various ICO teams in 2018 gifted themselves a grand total of $24.2 billion worth of crypto tokens. The abstract of the piece is quick to state that “in reality liquidity was too low for this value to be

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Another Crypto Exchange Hacked, Could it Hurt Reputation of the Market?

On January 14, large crypto exchange Cryptopia was hacked, resulting in significant losses of investor funds. In an official statement released on Tuesday, the company said that the New Zealand police and the government’s High Tech Crimes Unit had initiated an investigation into the case. Possible Impact on the Reputation of Crypto This time last

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