UK Crypto Exchange Exmo Hacked, Estimates Presume Platform Lost $10.5 Million

U.K.-based cryptocurrency exchange Exmo detailed on December 21, 2020, the firm had “detected suspicious withdrawal activity” and halted withdrawals. Exmo said a security audit report revealed “large withdrawals” of bitcoin and five other cryptocurrencies. Analysts estimate that Exmo may have lost over $10 million from the hot wallet breach. On Monday, the U.K.-registered digital currency […]

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Eastern Europe Sees More Fiat Options for Trading Crypto

Eastern Europe Sees More Options to Trade Crypto in Local FiatThe countries of Central and Eastern Europe, a diverse region sometimes referred to as the ‘Second World,’ are at different stages of their economic development and political integration with the EU or other supranational organizations. Having less established traditional sectors, looser regulations and weaker associations creates better conditions for new industries to develop there. Along […]

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Cryptocurrency Exchange Exmo Opens Branch in Turkey

Cryptocurrency Exchange Exmo Opens Branch in TurkeyDigital asset exchange Exmo, a leading crypto trading platform in Eastern Europe, has recently registered a subsidiary in Turkey. The company is setting up an office in Istanbul, the financial capital of the country situated on the Bosphorus. Also read: Lithuania Central Bank’s Policy Update Opens the Door for Crypto Payments Traders Offered Pairs With […]

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The Daily: Coinspot Launches OTC Desk, Bitdeer Expands in Eastern Europe

The Daily: Coinspot Launches OTC Desk, Bitdeer Expands in Eastern EuropeCrypto exchange Coinspot has launched an over-the-counter trading desk in Australia and you’ll find more about the platform in this edition of The Daily. Elsewhere, computing power-sharing platform Bitdeer.com is focusing on Eastern Europe through a partnership with the largest digital asset trader in the region, Exmo. And in the U.S., expired Mccoins will get […]

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The Daily: Critical Bug Found in Beam Wallet, Wirex Adds Another Cryptocurrency

The Daily: Critical Bug Found in the Beam Wallet, Wirex Adds Another CryptocurrencyIn Friday’s edition of The Daily, we cover the news about a vulnerability found in the Beam Wallet days after the launch of the Mimblewimble-based coin. Also, crypto card provider Wirex has added waves to its list of supported cryptocurrencies, and digital asset exchange Exmo has registered an increase in the number of Belarusian users […]

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