Kraken CEO Apologizes for Site Issues as Bitcoin Exchanges Struggle to Meet Demand
As cryptomania has swept the world in 2017, the influx of new users has caused bottlenecks at major exchanges. From server outages to lack of customer support, recurrent issues have tormented users, many of whom have taken to social media to vent their frustrations. In a Reddit post on November 20, Kraken CEO Jesse Powell […]
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Local media has reported that the Philippines’ central bank, the Bangko Sentral ng Pilipinas (BSP), has approved the registration of two virtual currency exchanges. The announcement comes after the BSP introduced legislation designed to recognize and regulate virtual currency exchanges earlier this year. Also Read: Philippines’ Central Bank Issues Guidelines for Virtual Currency Exchanges The […]
Several major cryptocurrency exchanges experienced a number of difficulties during the highly anticipated bitcoin cash distribution that took place yesterday. From 12:20 UTC onward, customers of Kraken and Bittrex experienced several interruptions to login functionality, whilst Bitfinex reported that traders had attempted to manipulate its bitcoin cash distribution coefficient. Also Read: Fork Watch: Japanese Exchanges Embracing […]
Just recently there was a small ransomware outburst called “Peyta” that attacked various computers around the world. The creators of Peyta didn’t make as much money as the Wannacry extortionists had made a few weeks earlier, as Petya only raked in around $8,000 worth of BTC. However, the money the hackers accumulated has moved and following […]
Unocoin, an industry leader among India’s bitcoin exchanges, went offline on Monday night following the discovery of a serious security vulnerability. Also Read: Indian Bitcoin Adoption Responds to Government Signalling for Regulation The Vulnerabilities Have Surfaced Just Weeks After a Unocoin Customer’s Account Was Hacked Major Indian bitcoin exchange, Unocoin, went offline late Monday night