Benchmark Rankings Launched to Combat Faked Cryptocurrency Exchange Data

CryptoCompare, an English cryptocurrency data analysis firm, has launched a unique exchange benchmark product which would help provide safeguards against false exchange volume reports. On June 12, 2019, the firm revealed that its new product was developed as a means of stemming widespread concerns that numerous crypto exchanges around the world have been inflating their…

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Hodler’s Digest, Jan. 21–27: Top Stories, Price Movements, Quotes and FUD of the Week

Top Stories This Week CBOE Withdraws BTC ETF Rule Exchange Request From SEC Amid Gov’t Shutdown The Chicago Board Options Exchange’s (CBOE) BZX Equity Exchange has withdrawn its request for a rule change from the United States Securities and Exchange Commission (SEC) in order to list its Bitcoin (BTC) exchange-traded fund (ETF). A CBOE spokesperson…

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‘Asia’s Amazon’ Starts Using Bithumb’s Payment Service for Cryptocurrency Users

Exchanges One of South Korea’s largest cryptocurrency exchanges, Bithumb, has begun providing a cryptocurrency payment service to a major online marketplace it refers to as “Asia’s Amazon.” Korean users can use their cryptocurrencies held at the exchange to pay for purchases on Qoo10 using this service. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space…

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Major Korean Crypto Exchange Bithumb to Launch Global Decentralized Platform

South Korean crypto exchange Bithumb, currently the world’s sixth largest by daily traded volume, will open a global decentralized crypto exchange, Business Korea reports Oct. 4. Bithumb has partnered with blockchain firm One Root Network (RNT), which has developed an Ethereum (ETH)-based decentralized token transaction protocol dubbed “R1” and already operates a decentralized exchange (DEX).…

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Korea Roundup: Mongolian Government Visits Bithumb, New BTM, Hardware Wallet

News In South Korea, Bithumb was visited by officials of the Mongolian government. Upbit is offering free training leading up to its developer conference. A public company has unveiled a hardware wallet as it enters the crypto space. Meanwhile, hacked crypto exchange Coinrail has launched an international service for non-Korean customers, and a US bitcoin…

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