Audit by FSA finds multiple issues with Japan’s crypto exchanges

Audit by FSA finds multiple issues with Japan’s crypto exchanges

Japan’s Financial Services Agency (FSA) announced recently that it has issued orders to six cryptocurrency exchange operators–Tech Bureau, Corp., BITPoint Japan Co. Ltd., BTC BOX. Ltd, bitFlyer, Inc., and QUIONE Pte. Ltd.–to reform their business practices. The FSA conducted on-site inspections at each of the companies and the results identified various points for reform, such…

June 30th:The great alt-coin migration

June 30th:The great alt-coin migration

The final day of June 2018 is significant in the crypto world given the mainnet transitions of a number of prominent tokens. Vechain, for example, will move from being an ERC-20 asset on the Ethereum blockchain, while Ontology will say goodbye to NEO and NEP-5. In addition to these to major migrations, Fusion (FSN) a network with a $177 million market cap,…

Less than 4% of Crypto Coins are Successful

Less than 4% of Crypto Coins are Successful

Today has not been the best day for cryptocurrencies everywhere. With Bitcoin declining below the critical $6K level, it marks the furthest drop in the coin since November. Declining as much as 4.2 percent on Friday, it is currently trading around the $5,900 mark; this is whopping 59 percent decline from its highs at the beginning of this…

Binance Crypto Exchange Launches in Uganda

Binance Crypto Exchange Launches in Uganda

Binance Uganda: The world’s most active cryptocurrency exchange by trade volume, Binance, just announced that it would be opening its first exchange in Uganda. Official Launch of #Binance Uganda Fiat-Crypto Exchangehttps://t.co/Od3NsL3rtm pic.twitter.com/3wCOdT5q62 — Binance (@binance) June 28, 2018 According to the statement made on the company’s website, Binance told its users that it would be…