CoinSquare Cryptocurrency Exchange Emerges in Wake of MintPal Disaster
The crypto community is still recovering after Alex Green, also known as alleged scammer Ryan Kennedy, washed his hands of ownership of popular cryptocurrency exchange MintPal and supposedly stole nearly 4000 bitcoins from their cold storage. MintPal was a go-to exchange for many new altcoin users looking for a simple and easy way to play the markets. Now, users who were stolen from are discouraged while they await legal charges against Green. Also Read: CoinGecko Co-Founder Says MintPal Bitcoin Exchange Is Lost Cause. In the wake of the MintPal disaster, a new crypto-to-crypto exchange....
Related News
Moolah has recently picked up Mintpal, the cryptocurrency exchange gaining a lot of publicity recently for events such as the attack with Vericoin ,requiring it to fork. This is a major deal because at the time, Mintpal was currently in possession of 30% of all Vericoin in circulation.Luckily Mintpal and Vericoin developers worked out a solution to thwart the hackers attacks, but something like this still shakes up the public’s trust and opinion of something, in this case an exchange. Mintpal on their official blog said: In regarding the acquisition of Mintpal, Moolah is in fact splitting....
Since the beginning of the year, two of the major Canadian exchanges have shut down their operations bringing up difficult times for Canadian Bitcoiners. This has reduced the ability for Canadian bitcoin enthusiasts to easily buy and sell the digital currency. But not everything is bad news, as some regulatory pressure is on exchanges such as QuadrigaCX, Cointrader and Coinsquare.io working hard to improve their services. Coinsquare.io already opened a CAD order book on their exchange platform some time ago and now the Canadian exchange announce a new partnership with INTERAC®, one of the....
Mintpal, a popular altcoin exchange, has been hacked. In their official announcement of the matter, they revealed that the hacker specifically targeted Mintpal's large VeriCoin holdings. Mintpal was in control of 30% of existing VeriCoin, all of which was stolen by a yet unidentified hacker. Mintpal has emphasized to its users that they are still processing withdrawals for all other coins; however, they have not revealed the exact vector of the attack. Mintpal and other VRC exchanges have worked directly with VeriCoin developers to come up with a seemingly satisfactory solution for all....
All crypto exchanges must register with IIROC if they want to operate in Canada, and there is currently a backlog of applications. Coinsquare, Canada's longest-operating crypto asset trading platform, announced on Oct. 12 that the Investment Industry Regulatory Organization of Canada (IIROC) had approved its dealer registration and IIROC membership. This regulatory status will now position Coinsquare as the first crypto-only IIROC-registered investment dealer and marketplace member in Canada. The Coinsquare team wrote:"In dealing with an IIROC registrant, Coinsquare clients now have the....
When MooPay LTD acquired MintPal in July, their main focus was improving security. MintPal fell victim to an attack on VeriCoin earlier this year, showing a hint of weakness in their pre-existing security and some loss of faith in the exchange. Once MooPay LTD took over, they made it their mission to improve security to garner more trust and faith in the popular cryptocurrency exchange. They immediately began planning a Version Two upgrade to the site as soon as possible. On Saturday, MintPal suffered from a DDoS attack on their website, pushing the Version Two implementation by....