Tag: Decentralized Exchanges

Canadian Platform Is Going to Become a Major Exchange

Despite issues that the cryptomarket has been facing since 2018, CoinField, a Canada-based cryptocurrency exchange, doesn’t lose its optimism. The platform is going to make the market cheaper and more assessible not only for big, but as well for smaller investors. Moreover, the platform is going to introduce the crypto-market to new users and investors

Cryptopia Is Hacked:Truth or Scam?

Cryptopia, a cryptocurrency exchange from New Zealand, reports about a recent hack. This is one of the biggest exchanges in New Zealand and the only one that has released a token tethered to New Zealand dollar. The platform is dealing with more than 800 crypto-assets, yearly trade volumes are not disclosed to public. Now, the

New York Attorney General Believes, that Crypto Exchanges Are at Manipulation Risk

New York Attorney General released a report where they claim, that cryptocurrency exchanges are at a risk of manipulation. They are extremely vulnerable to manipulation, conflict of interests and other possible risks. Eric T. Schneiderman sent letters to 13 cryptocurrency exchanges, where he asked to provide information on their operations, internal control procedures and other

Ripple Would Launch xRapid Solution

Ripple could launch a commercial version of its payment platform xRapid within the next month. Ripple has making efforts now toward the launch of the platform, as it is reported by the head of regulatory relations for Asia-Pacific and the Middle East at Ripple Sagar Sarbhai. The xRapid is a real time payments settlement platform

Binance Starts testing of Its New Exchange in Singapore

Binance is the world largest cryptocurrency exchange and soon, it will start private beta testing of a crypto-fiat exchange in Singapore. About this was announced by the Binance co-founder and CEO Changpeng Zhao. He revealed, that the testing is going to be launched on the 18th of September this year. Before making any official announcements,

FinCen Director Claims, that a Suspicious Activity Was Detected

Kenneth A.Blanco, the director of FinCEN (Financial Crimes Enforcement Network)has shared, that the agency has recently faced with an increased number of crypto-related suspicious activity reports. The number of claims now exceeds 1,500 per month. Mr. A.Blanco highlighted, that the main role of FinCEN is law enforcement for the emerging cryptocurrency market in order to