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Liqui Crypto exchange shuts down due to lack of liquidity! Other crypto news

This is a daily round up of important blockchain and crypto news between Jan 27, 2019 and Jan 28, 2019 . The focus is on important news around developments in the blockchain space, on exchanges and crypto projects.

 Please note that this is neither the only nor the exhaustive list, we are constantly trying to improve the feed and if you have any feedback, please feel free to contact us.

1. Liqui Crypto exchange shuts down due to lack of liquidity

A Ukraine-based exchange Liqui announced that it was forced to shut shop due to lack of liquidity. Earlier, it had announced some changes in its policies and had given the option to users to either continue or leave the exchange. The exchange added that the company will be functioning until the last user has withdrawn their assets from the platform. Read more

2. LocalBitcoins hacked, 8 bitcoins stolen        

The cryptocurrency community experienced a jolt when one of the most popular peer-to-peer platform, LocalBitcoins announced that they had been hacked, over the weekend. However, the platform said that outgoing transactions had been enabled and there were a number of measures in place to address the issue. Read more

3. Italian Securities Regulator CONSOB Adds Crypto Company Togacoin to Scam Blacklist

The Italian securities regulator, Commissione Nazionale per le Società e la Borsa (CONSOB), has added crypto company Togacoin to its scam blacklist on Jan. 28.The regulator released its warning against Togacoin alongside similar warnings concerning binary options company Smart Choice Zone and forex exchange Fx Breeze. Read more

4. South Korean Major Exchanges Join Forces to Combat Money Laundering

According to local news agency four major South Korean cryptocurrency exchanges have reportedly joined their forces in order to combat money laundering. According to an anonymous representative of one of the operators, the exchanges will thereby be able to instantly check any suspicious transactions and immediately block the related accounts. Read more

5. ATMs can now be used to purchase cryptocurrency via debit card in New York

Citizens of New York will now be able to use their debit cards to purchase Bitcoin [BTC] at select ATMs across the city. This service to the citizens of the city will be provided by Libertyx, a bitlicensee that was granted a license on the same day as Robinhood Crypto. Read more

Bite-sized News

Only the headlines are enough for these news

  • Iran is all set to launch its own cryptocurrency Read Story.
  • Chat App Kik Says It Will Fight SEC Over Possible ICO Action Read Story.
  • Belarus’ Largest Bank Considers Setting up Crypto Exchange, Says Chairman of Board Read Story.
  • Coincheck Owner Monex Warns of Scammers Impersonating Its Businesses Read Story.
  • Fifteen Alleged Operators of $8 Million Crypto Scam Arrested in Taiwan Read Story.

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