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Cryptocurrencies Tank as South Korean Exchange Hacked

The cryptocurrency market has tanked today, as a relatively minor South Korean cryptocurrency exchange experienced a hack and shut down temporarily. The exchange in question is called Coinrail. It is a small-scale operation which handles $2.6 million dollars worth of trading a day, according to coinmarketcap.com. The Coinrail website is …

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WSJ: CME and BTC Exchange Dispute Led US Regulators to Open Price Manipulation Probe

Regulators from the US Commodity Futures Trading Commission (CFTC) reportedly demanded extensive trading data from several cryptocurrency exchanges, people familiar with the matter told the Wall Street Journal June 8.  Regulators requested data in order to investigate whether manipulation might be compromising prices in digital currency markets. The probe followed …

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