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Exchanges

Korean Crypto Exchange Sued for Controversial Token Schemes

Korean Crypto Exchange Sued for Controversial Token SchemesA lawsuit has reportedly been filed in South Korea against a local cryptocurrency exchange over its price-pumping schemes involving token issuance. The suit alleges that Cashierest’s token which pays dividends and rebates transaction fees to investors violates the country’s capital markets law. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals The Lawsuit South […]

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First Major Bitcoin Cash ICO Raises $30M in Record Time

First Major Bitcoin Cash ICO Raises $30M in Record TimeOn Oct. 8, 2018, the blockchain firm and mining pool Viabtc finished the first high-value initial coin offering (ICO) using the Wormhole protocol and Bitcoin Cash chain. According to exchange data, the Viabtc Token ICO raised US$3,700 per second capturing a total of $30 million in 2.2 hours. Also Read: Electron Cash Developer Reveals In-Wallet BCH […]

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Exchanges Roundup: Coinbase Volumes Hit 1-Year Low, UK Exchange to Fire Most Staff

Exchanges Roundup: Coinbase Volumes Hit 1-Year Low, UK Exchange to Fire Most of StaffRecent updates show that with the cryptocurrency markets performing far from how they did a year ago, some exchanges have failed to adapt to the current situation. For example, one U.K. firm is reportedly set to fire most of its employees. Yet other exchanges are still going strong, breaking into new territories and adding new […]

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