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Recent Crypto Exchanges Stories

UpBit Crypto Exchange Executives Indicted for Market Manipulation

South Korea’s largest cryptocurrency exchange, UpBit, faces criminal charges after top executives were formally indicted by the country’s legal prosecutors, as reported by Business Korea on December 21, 2018. Three senior exchange executives, including founder Song Chi-Hyung, were arrested...

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Tether’s Billion Dollar Reserves May Not Equate to ‘One-to-One Backing’ or ‘No Misconduct’

Bloomberg reported that Tether “has the billions it promised,” suggesting that USDT could be backed one-to-one by dollars. That said, the reserves do not necessarily prove Tether’s innocence in a laundry list of other misconduct. On Dec. 18th, Bloomberg...

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Hong Kong Tightens Regulatory Grip on Cryptocurrency Exchanges and Startups

Hong Kong is tightening its regulatory grip on cryptocurrency exchanges and related businesses by bringing them under the purview of the Securities and Futures Commission (SFC), as reported by Asia Nikkei Review on Dec. 17. Crypto-Financial Center While part of...

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Binance Chooses NEO’s Delegated Byzantine Fault Tolerance for its BNB Chain

Binance, the world’s largest cryptocurrency exchange by market cap, will utilize the sophisticated Delegated Byzantine Fault Tolerance (dBFT) for its upcoming Binance Chain product, as seen on a Youtube video released on December 4, 2018. Building a Robust Product...

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Coinbase Considers 30+ Cryptos: Coinbase Pro Lists Civic, distrixt0x, Loom Network, Decentraland

Today, Coinbase announced it is considering 30 plus different cryptocurrencies to list on its platform, following the listing of Civic (CVC), district0x (DNT), Loom Network (LOOM), and Decentraland (MANA) on Coinbase Pro. In a recent blog post, Coinbase announced it is...

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