In our “Stock” section, we cover news and developments related to traditional financial markets and publicly traded companies. Here you will find information about stock market trends, major companies, and the intersection between stocks, fintech, and cryptocurrencies. Read the “Stock” section on ForkNews to stay informed about movements in the global financial markets.
Today, October 4, the Bitfinex crypto exchange will carry out scheduled infrastructure maintenance.
Cryptocurrency hacks reportedly caused the loss of more than $673 million in 2018. And since the advent of Bitcoin and the cryptocurrency market, these losses have amounted to billions. And although Western exchangers are not immune to hackers, Asian exchanges are the most common victims. For example, Coincheck, Coinrail, Bitfinex, Bithumb, Mt.Gox and Zaif lost about $1.004 billion in total.
Bitflyer, the largest cryptocurrency exchange in Japan, is implementing changes to its organizational structure, and the recently hacked exchange Zaif has stopped registering new clients.
As a result of another hacker attack that occurred in early September, a group of cryptocurrency exchange operators are planning to tighten self-regulatory measures that must be observed when managing client assets.
Today, news sources offer us various rumors, assumptions and statements. In particular, they say that the Tether startup may face serious problems. Another Chinese exchange is also believed to be falsifying trading information. In addition, the Maltese official claims that mass adoption of Bitcoin is inevitable.
Singapore-based crypto exchange Huobi is accused of colluding with voters in elections for EOS block producers.
Coinbase has announced that it is adding three new services to its platform: Coinbase Bundle, asset pages, and Coinbase Learn. The purpose of these services is to give beginners more understanding of the ongoing processes and basic knowledge.
The list of crypto companies that support Litecoin (LTC) debit cards is updated by Bitnovo. Litecoin will support its encryption-based debit card called BitCard. Decentralized technology eliminates the need for banks. In addition, consumers will be able to use the card to make immediate payments or receive euros.
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