Cryptopia ruling favors cryptocurrency account holders over creditors
Account-holders of failed cryptocurrency exchange Cryptopia have new hope following a judgment made by a New Zealand High Court that deems crypto assets are ‘property’, that was owned by individual account holders on the platform.
Japanese exchange Bitpoint will repay customers after crypto hack
On July 14, Bitpoint Japan, a cryptocurrency exchange operated by Remixpoint, reported that crypto assets valued at about JPY 3.02 billion ( USD 28 million) had been stolen.
Exchanges’ response to Bitrue hack shows maturing industry
In a sign of increasing sector maturity, crypto exchanges have worked together to mitigate the damage of the June 27th Bitrue hack.
The curious case of QuadrigaCX
While the circumstances surrounding the failure of leading Canadian exchange QuadrigaCX have set a new benchmark for ‘weird’, it may well be that just like so many other crypto exchange mega-fails, the real culprit could once again be something as simple as incompetent management.
