Daily News: Coincheck gains momentum again after hack and now supports Nem, Okex adds trading with Vietnam's national fiat - dong
NEM currency trading is back on Coincheck
Japanese cryptocurrency exchange Coincheck has resumed trading pairs of digital currencies, including Nem (XEM), the cryptocurrency that was at the center of what is likely the biggest hack in digital asset history. Approximately $530 million in Nem cryptocurrency was stolen during a hacker attack on the platform in January this year. According to the official Coincheck website, trading with ETH and LSK will also resume.
The decision to resume trading with XEM led to a sharp increase in the price of this cryptocurrency. Within hours of the announcement, its market capitalization surpassed the billion-dollar mark. Since then there has been a correction and now, having lost almost 10% of its value, XEM is trading for less than $0.11, and the company's market capitalization is $995 million.
On October 30, the newly opened exchanger resumed trading with BCH, BTC, ETC and LTC.
Okex adds support for the Vietnamese dong
According to the statement of the cryptocurrency Okex exchange, published on Tuesday, its users will soon be able to place orders in fiat currency - the Vietnamese dong. The Chinese company, based in Malta, launched a customer-to-customer platform last year to allow users to trade cryptocurrencies using fiat currencies.
Over the past few years, Vietnam has become an important part of the cryptocurrency market and the blockchain hub of Southeast Asia. Despite this, the country's government has still not resolved questions about how to regulate the industry and whether to legalize cryptocurrency transactions. According to news.Bitcoin.com, the government is currently considering several alternative approaches to managing the sector. Several other platforms such as Remitano, Mesito and Localbitcoin already offer peer-to-peer services for Vietnamese residents.
According to news.bitcoin.com
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