Exonium Weekly News Desk – Exonium
- Join the Exonium Trading Competition!
Exonium will be launching a trading competition at 2 July at 12:00 (GMT+8). This event will end on 30 July at 12:00 (GMT+8). The top 100 Exonium traders by trading volume will receive attractive prizes in BTC.
2. Koinex Exchange Shuts Down Ahead of Crypto Regulation
Another one bites the dust. The fourth Indian crypto exchange to fall victim to the banking restrictions of the Reserve Bank of India (RBI), following Zebpay, Coindelta and Coinome.
3. Singapore’s Huobi to expand crypto-exchange operations to Turkey
Huobi will expand its operations into Turkey, providing a crypto-to-fiat onramp for Turkeish users. According to Huobi, 20% of Turks hold some for of crypto, making it the “highest per capita rate of cryptocurrency ownership of all nations surveyed.
4. Seychelles Stock Market Plans World-First Listed Security Token
Seychelles’ securities exchange plans to list the world’s first regulated security token on a national stock market. MERJ Exchange began trading securities in 2013, with about 31 securities listed and a market capitalization of $325.9 million.
5. Singaporean Exchange Bitrue Gets Hacked, Losing $5 Million in XRP, Cardano
Singaporean-based crypto exchange Bitrue suffered a major hack, losing 9.3 million XRP and 2.5 million cardano (ADA). According to Bitrue, the attack was swiftly detected and the hacker’s activity was suspended by the exchange.
6. Korean Crypto Exchanges Face Backlash, Could it Stunt Bitcoin’s Run?
Reports have shown that hundreds of Korean exchanges might be kicked out of the region, or pressured to close down their business if they do not abide by the proposed enhanced know-your-customer (KYC) regulations.
7. Six Arrested Over Cloned Crypto Exchange That Stole €24 Million
A fake exchange website managed to steal over €24 Million (SGD36 million) in cryptocurrency from at least 4000 victims in 12 countries. Six individuals have been arrested over the scam, in several U.K. locations, as well as the Netherlands.
8. Does the Future of Online Casinos Depend on Crypto Coins?
The gambling industry would soon begin to introduce fully decentralized features. One such example is 888casino, which employs top-notch standards, allowing for a decentralized and distributed resource allocation on the platform.
9. First Stablecoin Trading Pairs Listed on Binance DEX
Major global crypto exchange Binance has listed new trading pairs for USDSB, a Binance Chain-based version of StableUSD. The two pairs would be USDSB against major stable coin tether (USDT), as well as the USDSB-to-USDS trading pair. This would be the first stablecoin to be launched on Binance Chain.
10. Criminals Rarely Cash out Funds through Crypto: Russian Central Bank
According to Russian’s central bank, fraudsters rarely use cryptocurrencies to withdraw stolen money. It was revealed that bank cards are used much more often that cryptos.
11. Report: Two Israeli Brothers Arrested for Hack of Bitfinex Crypto Exchange
Two Israeli brothers were arrested in connection with the hack of cryptocurrency exchange Bitfinex and other crypto-related phishing attacks. The two are suspected of being responsible for long-term systematic theft of cryptocurrencies by maliciously obtaining access to other users’ accounts.
Published at Tue, 02 Jul 2019 03:20:30 +0000
