New Report Updates Cryptocurrency Exchange Ratings

Exchanges A quarterly ratings report has upgraded the score previously given to seven cryptocurrency exchanges, while downgrading four. It has also added seven new exchanges, rating them on such metrics as trading volume, security, and compliance. In related news, Crypto Exchange Ranks (CER) has begun tracking the hot and cold wallets of exchanges as part […]

Bithumb Launches Voting Platform to Screen New Cryptocurrencies

Exchanges Major South Korean cryptocurrency exchange Bithumb has beta launched a public voting system for screening new coins to be listed on its exchange. The platform, Pickthumb, aims to boost transparency and fairness in Bithumb’s listing process. Five coins are currently being evaluated with the current voting round ending in nine days. Also read: Indian Supreme […]

Bithumb Overtook Binance as Largest Spot Exchange by Daily Volumes in November

Exchanges Cryptocompare, the cryptocurrency market data aggregator, has published its monthly exchange review for November 2018, offering insights about the latest changes in the global market using transaction data from over 70 trading venues. Also Read: IRS to Face Record Number of Crypto-Related Loss Claims Key Findings in the Report The authors of the report found […]

South Korea Approves Its First Cryptocurrency Exchange Upbit

South Korea’s Internet and Security Agency (KISA) awarded Upbit an information security management system (ISMS) license, for its strong infrastructure.  Upbit Becomes First ISMS Licensed Exchange Upbit, South Korea’s largest cryptocurrency exchange by volume, has become the first to obtain an ISMS license. In December 2017, KISA decided that all internet and data related companies generating more […]

Bithumb’s Revenue Last Year Jumps 171-Fold Compared to 2016

News According to local reports, the South Korean exchange Bithumb has released the firm’s 2017 revenue and the exchange made 171 times more than the previous year. Also read: Japan Revises Registration Rules for Cryptocurrency Exchanges Bithumb’s revenue has increased 171-fold One of South Korea’s largest digital asset trading platforms has seen an […]

23 Cryptocurrency Exchanges in South Korea to Self-Regulate, 10 Opt-Out

Regulation The need for cryptocurrency self-regulation in South Korea is rising as banks still refuse to issue new virtual accounts for most crypto exchanges. The Korean Blockchain Association is preparing self-regulatory standards. Thirty-three exchanges were asked to undergo a review; twenty-three agreed but ten refused, according to local media. Also read: Japan’s DMM […]

Korean Crypto Exchange Launching Social Media P2P Payment System

Featured South Korean cryptocurrency exchange Bithumb is launching a P2P payment platform for social media including social networking sites and blogs. The exchange is also preparing to sell 12,500 kinds of mobile vouchers from 600 brands. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Social Media Crypto Payment System […]

CEO of Korean Exchange Coinnest among Four Arrested for Fraud

News South Korean police have arrested four high-ranking representatives of two cryptocurrency exchanges, including Coinnest’s CEO. They were detained on arrest warrants issued after a fraud investigation, prosecutors said. The executives are accused of embezzling funds belonging to customers and may face additional charges. Also read: Three South Korean Crypto Exchanges Raided […]

Why The Wise Ripple (XRP) HODLers Are Not Panicking

Once again the market is bearish but there is a lot to look forward to with respect to Ripple and more reasons to HODL XRP. The Ripple (XRP) project has been partnering with at least one bank per week. This is according to the project’s CEO, Brad Garlinghouse who has vehemently stated that the project […]

Stellar Lumens XLM Dominates the Top-Ten While VeChain Gets Listen on Bithumb and Rockets

Stellar Lumens [XLM] For quite some time now, the community confidence in the very promising Stellar Lumens [XLM] is raising exponentially as the 7th positioned cryptocurrency by market capitalization [per time of writing $4.1 bil] is leading for the second time in two days by price increase. On Saturday [April 7] as reported on EthereumWorldNews the […]