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OKEx Slams New Wash Trading Allegations As ‘Inaccurate And Misleading’

OKEx Slams New Wash Trading Allegations as ‘Inaccurate and Misleading’

Cryptocurrency exchange OKEx has refuted fresh allegations of manipulative practices such as wash trading on its platform. In a statement shared with Cointelegraph on Sept. 23, the exchange wrote that the wash trading allegations made in a recent report from the Blockchain Transparency Institute (BTI) were “not accurate and misleading.”“An apple-to-orange comparison”As reported, the BTI published…
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Sorry BitPay, New Bitcoin Upgrade Proposal Disables BIP70 By Default

Sorry BitPay, New Bitcoin Upgrade Proposal Disables BIP70 by Default

Cryptocurrency payment processor BitPay may soon find it harder to do business as developers plan to remove support for the way it creates payment addresses.BitPay address support may disappear from BitcoinIn a GitHub discussion about the future 0.19.0 release of the Bitcoin Core client, developers continued plans to disable BIP70 by default, and possibly remove…
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Bakkt Trades 18 BTC In First 7 Hours As Bitcoin Price Falls Below $10K

Bakkt Trades 18 BTC in First 7 Hours as Bitcoin Price Falls Below $10K

18 Bitcoin (BTC) in volume has been traded since the launch of Bitcoin futures on the Intercontinental Exchange (ICE)’s Bakkt platform yesterday, Sept. 22.The much-anticipated contracts — the first of their kind to be physically settled in Bitcoin — went live at 8 PM EST on Sept. 22 (00:00 UTC Sept. 23).The first hoursBakkt ™…
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Fake Bitcoin Investment Platform From ‘Elon Musk’ Promises 4,000% ROI

Fake Bitcoin Investment Platform From ‘Elon Musk’ Promises 4,000% ROI

Scammers are using fake mainstream news articles to advertise a nonexistent and potentially dangerous Bitcoin investment platform. “Bitcoin Profit” features fake celebrity interviewsAccording to the dedicated website used to lure would-be clients, the so-called “Bitcoin Profit” uses celebrity endorsements as part of its marketing strategy. The site, economicsworld[dot]info, includes testimony from the likes of actress Kate Winslet…
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VanEck, SolidX Drop Bitcoin ETF Race, SEC Approval Until 2020 Unlikely

VanEck, SolidX Drop Bitcoin ETF Race, SEC Approval Until 2020 Unlikely

On Sept. 17, the Chicago Board Options Exchange’s BZX Equity Exchange withdrew its VanEck/SolidX Bitcoin exchange-traded fund (ETF) proposal a month ahead of the review deadline. The United States Securities and Exchange Commission (SEC) — the regulator on the matter — had until Oct. 18 to greenlight or reject the financial product.As a result, the…
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US Attorney’s Office Indicts Two Suspects In EtherDelta Hack

US Attorney’s Office Indicts Two Suspects in EtherDelta Hack

The United States attorney's office for the Northern District of California has indicted two suspects — Elliot Gunton and Anthony Tyler Nashatka — for hacking EtherDelta, a non-custodial marketplace for trading Ethereum (ETH) ERC-20 tokens, in December 2017.According to the documents originally filed on Aug. 13, Ganton and Nashatka changed the settings of EtherDelta’s domain…
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Facebook Reveals Libra Crypto’s Currency Basket Breakdown: Report

Facebook Reveals Libra Crypto’s Currency Basket Breakdown: Report

news Facebook has reportedly revealed the percentage breakdown of a basket of global currencies that will underpin its Libra cryptocurrency. While it’s already known that 50 percent of the basket will be on the U.S. dollar, the German newspaper Der Spiegel said in a report on Friday that the remaining portion will consist of the euro, the yen, the…
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Bakkt Is Finally Launching Its Bitcoin Futures Today. Here’s What To Expect

Bakkt Is Finally Launching Its Bitcoin Futures Today. Here’s What to Expect

news Bakkt is finally here. After two delays and 13 months of questions, the Intercontinental Exchange-backed bitcoin warehouse and futures contract facilitator is launching Monday, opening the door for institutional investors to take positions on the cryptocurrency in a federally regulated venue. Trading is set to open at midnight UTC and close at 22:00. For…
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Oil And Gas Giant Pilots New Blockchain Platform From Modex

Oil and Gas Giant Pilots New Blockchain Platform From Modex

Blockchain startup Modex announced the launch of its blockchain-based database platform for simplified blockchain deployment, which will be piloted by Dietsmann, a major oil and gas firm.Simplifying blockchain adoption On Sept. 19, Modex announced the release of its latest product, the Modex Blockchain Database platform (Modex BCDB) which simplifies the way companies can deploy blockchain technology…
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Bitcoin Lightning Network Specs Pass First ‘Formal’ Security Test

Bitcoin Lightning Network Specs Pass First ‘Formal’ Security Test

news A pair of researchers have released the results of a formal verification of bitcoin’s lightning network. Lightning is new(ish), experimental, and bugs that could lead to loss of user funds are still being discovered. But even so, the paper – released last month by researchers Aggelos Kiayias and Orfeas Litos from The University of Edinburgh.…
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