Coinbase Pro to Add New GBP Trading Pairs

According to the general manager of the exchange, David Farmer, the new pairs will be available on Friday, September 7
06 September 2018   1095

Bitcoin-exchange Coinbase Pro announced the addition of new trading pairs of British pound with ETC, ETH and LTC. According to the general manager of the exchange, David Farmer, the new pairs will be available on Friday, September 7.

With support for UK domestic bank transfers in GBP via the Faster Payments Scheme, it is now significantly easier, faster and cheaper for UK customers to trade cryptocurrencies on the Coinbase platform. Coinbase Pro is the only major digital currency trading platform that supports UK Faster Payments and it’s our goal to be the trading platform of choice for UK crypto traders. In advance of the launch of the new trading pairs, all UK customers now have access to send GBP to their Coinbase accounts via domestic bank transfer.
 

David Farmer

General Manager, Coinbase Pro

It is reported that the launch of new trading pairs is scheduled for September 7 at 09:00 BST and will be held in three stages:

  1. Post-only. In the first stage, customers can post limit orders but there will be no matches (completed orders). Order books will be in post-only mode for a minimum of 10 minutes.
  2. Limit-only. In the second stage, limit orders will start matching but customers are unable to submit market orders. Order books will be in limit-only mode for a minimum of 10 minutes.
  3. Full trading. In the final stage, full trading services will be available, including limit, market, and stop orders.

In August, support for Ethereum Classic (ETC) was added to Coinbase Pro.

Stolen Cryptopia Funds to be Found at Huobi

Researchers says hackers presumably chose this site to withdraw part of the stolen assets
21 May 2019   105

CoinFirm researchers tracked the movement of funds stolen from the New Zealand Bitcoin Exchange Cryptopia.

Two other addresses received a total of 1010 ETH. At the same time, according to CoinDesk, 10 ETH were moved to the wallet of the Huobi exchange. Hackers, presumably, chose this site to withdraw part of the stolen funds.

According to data, the damage to Cryptopia as a result of the January hacking could amount to $ 16 million. The site management announced its intention to return funds to affected users and even credited tokens to users' accounts, which fixed the amount of payments due to them.

Attempts of the management to achieve profitability after hacking were in vain. The management subsequently decided to begin the liquidation process for Cryptopia.