Tag: Broker

Omoku Is a Euro-Based Broker for IOTA Enthusiasts

Similar to most cryptocurrencies, buying and selling IOTA in exchange for fiat currency has proven to be a major challenge. Very few exchanges provide fiat currency gateways for altcoins these days, other than Litecoin, Ethereum, and Bitcoin Cash. Omoku plans to change all of that for IOTA, even though it is more of a broker than an actual exchange. It’s always good to have more platforms offering altcoins, as the demand …
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Dutch Bitcoin Broker Litebit Suffers Second Data Breach in Six Weeks

It is never good to see Bitcoin exchanges or brokers suffer a hack. Although not all of these incidents involve stolen money, it is still a worrisome development from a security vantage point. Litebit.eu, a Dutch cryptocurrency broker, has suffered two separate incidents over the past few months. It remains to be seen how this will affect the company’s reputation moving forward. Litebit Hacks are Rather Worrisome Most European cryptocurrency enthusiasts have come across …
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Cryptocurrency Broker LiteBit Hacked, Customer Funds Appear Safe

Yet another popular cryptocurrency service provider has been hacked. LiteBit.eu is a European cryptocurrency broker which recently warned its users about suspicious activities on its servers. Someone successfully accessed company data, but it appears that all wallet balances are accounted for at the time of writing. None of the ID verification documents have been leaked either. LiteBit Hack is Pretty Worrisome It is good to know cryptocurrency service providers can suffer hacks without losing …
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What is a Bitcoin Broker?

One of the more interesting developments in the world of Bitcoin is how not everyone uses a regular exchange to buy cryptocurrency. The so-called Bitcoin brokers have gained a lot of popularity over the past few years. Some of these platforms also support alternative currencies, tokens, and digital assets. However, it seems there is still some confusion as to how a Bitcoin broker operates exactly. The Inner Workings of a …
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