Exchanges Maplechange, a small Canadian cryptocurrency exchange, has ceased operations following the purported theft of all the funds it was holding. Despite promises of an investigation into the matter, many have accused the exchange of attempting to stage an exit scam. Also Read: Japanese Regulator: Stablecoins Are Not Cryptocurrencies Under Current Law Canadian Exchange Drained of…

 

Key Highlights ETH price declined sharply and broke the important $197 support against the US Dollar. There was a break below a crucial contracting triangle with support at $199 on the hourly chart of ETH/USD (data feed via Kraken). The pair traded as low as $190 and it is currently correcting higher in the near…

 

Key Highlights Ripple price declined sharply, but the $0.4340 support acted as a solid support against the US dollar. There is a connecting bearish trend line formed with resistance at $0.4485 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could find sellers near the $0.4485 and $0.4500 levels, but…

 
 

Upside, a subsidiary of Korea’s Metaps Plus, the mobile fintech and blockchain company, announced today that it has officially opened a new secure cryptocurrency exchange called UpXide. UpXide is preparing ISO27001 certification, an AML (anti-money laundering) system, maintenance of user assets in cold wallets, internal network separation, internal control DRM solution, and dynamic security for hacking…

 
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