Altcoin Price Analysis Binance binance launchpad Bitcoin Exchange BTT Changpeng Zhao Crypto 

Binance Launchpad Coins Fetch Eye-Popping Returns of 620% and 787%

By CCN: Binance CEO Changpeng “CZ” Zhao in a tweet on Sunday congratulated Binance Launchpad projects for their spectacular returns. Projects that went through @binance Launchpad. Congrats! — CZ Binance (@cz_binance) May 19, 2019 Meanwhile, Binance Coin (BNB) has been climbing higher, rising approximately 40% since the hack in which 7,000 bitcoins were stolen from the exchange’s BTC hot wallet. BNB has seen its value increase by approximately 40% since the hack. | Source: CoinMarketCap It looks like investors aren’t the least bit worried about the security of crypto…

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Bitcoin Exchange Crypto HitBTC 

Shell-Shocked HitBTC Users Shout ‘Fraud’ in Response to Severe KYC

By CCN: HitBTC users are being asked to provide excessive detail about the derivation of their funds, according to multiple sources. Even Bitcoin developer Luke-Jr was forced to undergo KYC in order to withdraw funds. The famous small-blocker reportedly had chosen the exchange for its perceived lack of know-your-customer compliance. High-Profile Users Get Their Issues Resolved ⚠️🔥Looks like @hitbtc have decided to go full scammer, and are stealing balances of users (including me).🔥⚠️ Probably a good idea to get anything you have there off, and take care not to use…

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Altcoin News Bitcoin Exchange coinbase Crypto Stablecoins Tether USDC usdt 

Coinbase Goes for Tether’s Throat, Catapults USD Coin Into 85 Countries

By CCN: Given the widely publicized troubles faced by Tether (USDT), there is a massive opportunity for a competitor to wade into the stablecoin arena. It appears that Coinbase will be that adversary, as the crypto exchange is taking the opportunity to double down on USDT’s problems and expand USD Coin (USDC) trading into 85 countries. USDT is the result of a collaboration between Coinbase and Jeremy Allaire’s Circle. According to the Coinbase website, the exchange does not support USDT. Coinbase Is Going All in With USDC Expansion It’s an…

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Binance Bitcoin Crime Bitcoin Exchange bitcoin hack Changpeng Zhao Crypto 

Binance Suffers a Security Breach, CZ Calls It ‘Not the Best of Days’

By CCN: Binance, the No. 1 cryptocurrency exchange based on trading volume, has been hacked. Changpeng “CZ” Zhao, who is at the helm of the exchange, made the announcement on Twitter after previously sharing that “unscheduled server maintanance” was unfolding. As it turns out, it was much worse than imagined, with hackers making away with 7,000 bitcoins, which at the current BTC price is worth approximately $40 million. The funds were stolen from Binance’s hot wallet, which was comprised of 2% of the exchange’s bitcoin holdings. Binance issued the following statement:…

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Bitcoin Exchange bitfinex Crypto LEO 

Bitfinex Reveals $1 Billion Token Sale Despite $850 Million Tether Scandal

By Still mired in controversy over that $850 million loss, the powers at be at Bitfinex have come up with an idea to replace the funds and it’s raising eyebrows for a bounty of reasons. Bitfinex’s solution to try to make whole those who were burned in the hack that led to the losses is to issue more tokens. Specifically, the plan is to issue $1 billion of a token called LEO. Skeptics immediately weighed in as the news of this plan went viral over the weekend. Concerns include…

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Bitcoin Exchange Crypto crypto traders 

22 Million US Crypto Traders Dwarf Global Rivals

By CCN: The overwhelming majority of crypto traders come from the United States, according to surprising new research from DataLight. The firm analyzed traders using the top 100 Bitcoin exchanges and found that over 22 million users hail from America. The next in line is Japan with 6 million, followed by South Korean’s 5 million users. US Dominates Crypto Trading Industry Collectively, it takes almost six other countries to reach the same number of traders as the US. Notably, Korean exchanges like Bithumb report massive volume, but this volume is…

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Binance Bitcoin Exchange Crypto kraken ViewBase 

Blockchain Researchers Look to Overhaul Crypto Exchange Ranking Data

By CCN: ‘Reported volume’ is the default metric that people look for when determining the ranks of crypto exchanges. ‘Reported’ and ‘adjusted’ volumes wildly differ on sites like For example, if you look at the image below, you’ll notice a wild difference in “reported” and “adjusted” volumes at press time. Ranking Exchanges Beyond Their “Volume” Notice the difference between “reported” and “adjusted” volume on ViewBase, a “market insights and community” platform centered around cryptocurrency, recently published a report which details other ways we might rank exchanges. Rankings could…

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bitcoin Bitcoin Crime Bitcoin Exchange bitfinex Crypto Tether 

$850 Million Bitfinex Bombshell Disproves Crazy Bitcoin Conspiracy

By CCN: ShapeShift CEO Erik Voorhees made a valid observation on Twitter today, pointing out that there’s some degree of irony in the charges potentially facing embattled Bitcoin exchange Bitfinex: Tether had the cash reserves, despite wide speculation that the company had issued far more crypto tokens than it could settle. Ironically, this latest Bitfinex drama may be the one thing that disproves the “Bitfinex’ed” conspiracy theory. If USD in that amount was seized/stolen/held by Crypto Capital, then the USD backing Tether DID actually exist after all. @Bitfinexed claim was…

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Tokyo Bitcoin Trustee Gains Court Extension for Mt Gox Crypto Rehabilitation

By The Mt. Gox trustee, who is in charge of distributing what remains of Mt. Gox’s assets to claimants, also known as “creditors,” put in for an extension on the filing deadline, which would have been today. The deadline has been extended about six months, to October 28th. Get your claims in by October 2019 The trustee posted a note to the Mt. Gox website yesterday stating that there are too many claims in various stages of dispute for a final decision to be reasonably reached based on current…

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Bitcoin Exchange bitlicense bittrex Crypto 

NY Regulator-Flagged N. Korean Crypto Accounts Were South Korean: Bittrex

Get Exclusive Analysis and Investing Ideas of Future Assets on Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. By Four days after New York State Department of Financial Services’ executive deputy superintendent for banking Shirin Emami disclosed in an op-ed that having North Korean users on its…

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