Altcoin Exchange Cryptsy Starting Support for USD Trading Tuesday
Virtual currency exchange Cryptsy is planning to take a bold new step when it comes to their trading support come Tuesday, July 1st. Posted now on the exchange's website is a notice informing users that USD trading is slated to commence tomorrow "in many locations around the world." The message reads: USD Trading Starting Soon. USD Trading will start on July 1st in many locations around the world. If you haven't already, then now would be a good time to get your account verified. Of course, the ability to buy bitcoin and other altcoins with United States dollars has been around for a long....
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The popular cryptocurrency trading site Cryptsy.com has been having some noticeable issues these past few hours. Users of Cryptsy have been reporting negative balances, frozen transfers, suspended withdrawals. Speculation is that a recent update is causing the issues. Cryptsy is aware of the issues, but no official statement has been released yet. Who's been hit? I spoke to BlackDogeOfWallSt, one of the developers of BlackCoinPool.com (BCP), which has probably been the hardest-hit community from Cryptsy's problems. BCP has had to delay their payments due to the problems. BCP's payouts have....
In response to Coinfire's article, which piled up a long list of allegations and accusations against Cryptsy, we reached out to Paul Vernon, the CEO of Cryptsy, to try to get his voice out to the public and go through his defenses against Coinfire's vicious attacks!! Here is how the interview went on: Tamer: Who would you narrate to Newsbtc 's readers the "Cryptsy" story? Paul: Cryptsy was created as a hobby, because I was running around 25 different altcoin pools, from litecoin to Mintcoin to Feathercoin and many other coins. I just can't name them all. I had too many different pools and....
Moreover, Cryptcracker has agreed to return the funds in exchange for a 13% bounty, which will add up to roughly 2,000 Bitcoin. That is still a very significant amount of “clean” money to deal with after such a major breach, albeit it pales in comparison to the funds controlled by this person right now. What is particularly worrying is how this announcement makes no mention about the addresses where this fund is being kept. Cryptsy used to be one of the more prominent Bitcoin and altcoin exchanges in the realm of digital currency, even though there have always been minor issues with the....
With the investigation into Cryptsy still underway right now, it seems odd one of the exchange’s altcoin wallet addresses has a declining balance. To be more precise, someone noted how the Cryptsy Unobtanium wallet has been sending funds to Bittrex, where a major dump of the digital currency took place. So far, the Bittrex team remains tightlipped regarding the incident. Cryptsy Funds On The Move. By the look of things, someone has been moving Unobtanium funds from a Cryptsy wallet over to the Bittrex exchange. Based on various Twitter reports – which are always subject to interpretation –....
Florida-based exchange Cryptsy trades in over 130 cryptocurrencies, and cryptocurrencies alone. There are no government-denominated currency trading pairs on the exchange. At least, not yet. Cryptsy regularly exceeds 2,300 BTC in volume on a 24-hour basis. That makes it the largest crypto-to-crypto exchange, at which people routinely trade altcoins for bitcoin, and vice versa. So, where did the idea of a cryptocurrency-only altcoin exchange come from? How does Cryptsy decide to add new coins? And will the company take compliance seriously when it adds fiat into its enormous mix of digital....