World’s Fourth Largest Crypto Exchange Huobi Appoints CEO for New US Platform

Huobi, the world’s fourth largest crypto exchange by daily trade volumes, has appointed a CEO for its newly created “strategic partner” trading platform in the U.S., according to a press release shared with Cointelegraph June 25. Frank Fu has been chosen as Chief Executive Officer (CEO) for Huobi’s new U.S.-based digital assets marketplace, which was …

It Is up to the Industry to Get Its Own House in Order

This interview has been edited and condensed. Mike Butcher, an editor-at-large of TechCrunch is a pioneer of the tech and journalism industries. He has also started covering the crypto industry and blockchain technology, as — in his words — “that is effectively going to be a new way to the future.” He first heard about …

Square Receives the Illusive BitLicense, Bithumb Hacked in this Week of Crypto Ups and Downs

Top Stories This Week Leading South Korean Crypto Exchange Bithumb Hacked For $30 Mln In Crypto Bithumb, which has fallen from 6th to 10th place for cryptocurrency exchanges worldwide by trading volume, has had about $30 million worth of cryptocurrencies stolen in an apparent hack. Bithumb has temporarily suspended all deposits and payments, noting that …

Peering Through the FUD About Crypto

In the short space of nine years, Bitcoin has thrust cryptocurrencies into mainstream consciousness by shaking up the financial world. Since its inception in 2009, the preeminent cryptocurrency has thrown a spanner in the works of traditional banking and financial institutions and has paved the way for the creation of a plethora of industry-shaping virtual …

Which Farms Are Pushing Forward the New Gold Rush?

The mining industry is probably the oldest activity related to cryptocurrency. It all began in 2009, when Satoshi Nakamoto generated the first block on the Bitcoin network. Today, mining is an entire industry which spans 114 countries around the world, and restlessly ensures the functioning of the global network of cryptocurrencies. According to Blockchain.info analytics, …

Crypto Markets Fall Further Amidst Week of FUD From Asian Sector

The crypto markets are continuing to take a tumble today, June 23, following slew of FUD-like news from the crypto sector in South Korea and Japan. Market visualization from Coin360 Leading South Korean exchange Bithumb was hacked for $30 million, and Japan’s financial regulator FSA has apparently renewed their crackdown on cryptocurrency exchanges after sending …

Leading US Crypto Exchange Coinbase’s Growth Is ‘Outpacing Its Resources’

Criticisms are being leveled at U.S. crypto exchange Coinbase for allegedly being underprepared and overwhelmed by the pace of its growth, Business Insider reports today, June 22. Business Insider cites documents obtained by Mashable through a five-month Freedom of Information Act (FOIA) process, which comprise 134 pages of complaints filed by Coinbase users with the …