Tag: exchange

Cryptopia’s Lack of a Backup Database can Cost Users Another $2 Million

There is never a shortage of controversy in the cryptocurrency world. Following its hack earlier this year, there have been a lot of questions regarding Cryptopia and how things would move on from there. So far, it seems little to no real progress has been made, and things are even worse than initially assumed. In a recent reveal, it became apparent the company doesn’t even have a backup of its …
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4 Major Concerns for HitBTC Users Confirmed by Coinfirm

Cryptocurrency exchanges play a crucial role in the world of Bitcoin and altcoins. Despite their centralized nature contradicting everything cryptocurrency stands for, these platforms facilitate access to this new form of money. Not all exchanges are getting the best of feedback regarding their business operations, however. When it comes to HitBTC, the recent findings by Coinfirm seem to confirm people’s worst fears. Potential Liquidity Issues are a Problem On the …
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Cobinhood Isn’t Pulling an Exit Scam Following DXN Price Collapse

There appear to be numerous conflicting pieces of information regarding the Cobinhood cryptocurrency exchange. While it is evident for everyone to see the company is struggling, tales of its exit scam are vastly overstated. Moreover, there is plenty of DXN token drama, which also affects this trading platform at an unfortunate time. There are still a lot of unanswered questions, but it seems the company will continue to operate for …
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Top 5 Cryptocurrency Exchange Hacks of 2019

Albeit the year 2019 has been off to a good start price-wise, there have already been numerous incidents casting a dark shadow over this industry. The number of exchange hacks is quite worrisome already and it seems unlikely there won’t be further incidents. The following trading platforms have all noted a breach and loss of funds in one way or another. Cryptopia Lost Over 9% of its Holdings In the …
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