Integral FX Platform Integrates Cryptocurrency

Integral FX platform now provides market data regarding 14 cryptocurrencies and links 16 largest exchanges in the world
26 January 2018   178

Integral is the cloud-based eFX platform which combines features for liquidity management, pricing, distribution and risk management, which cooperates with FxPro, which provides Contracts for Difference (CFDs) and spreads betting on Forex, shares, futures, spot indices, spot metals, and spot energies to retail clients worldwide.

As it is reported by Financial Magnates, the financial industry continues to attract new investors on a daily basis, and Integral decided to expand its offerings and include market data on 14 leading cryptocurrencies, linking 16 of the largest exchanges throughout the world, including the US, Europe and Asia.

An accurate, stable, and reliable reference price is a requirement for any market maker. The Cryptocurrency Market Data Service connects to the most price sources and applies the most advanced price discovery algorithm available.

Harpal Sandhu

CEO, Integral

The service currently provides data on such trading pairs as BTC/USD, BTC/EUR, BTG/USD, ETH/USD, ETC/USD, ETH/BTC, ZEC/USD, XRP/USD, LTC/USD, XMR/USD, NEO/USD, BTC/JPY and IOT/USD.

First real-life cryptocurrency robbery reported in Taiwan

Four men stole 5 million Taiwanese dollar worth of Bitcoin, the police has already arrested the suspects
22 February 2018   52

Bitcoin has attracted lots of unwanted attention from hackers and scammers alike. Recently not a week passes without news of an exchange or user being hacked or some company's computers being hijacked to mine cryptocurrency. And now Taiwanese news outlets report first real-life robbery of Bitcoin in their country.

The robbery took place in Taichung, Taiwan's central city. The police reports three men being involved in the robbery itself and one as a planner. Criminals persuaded the victim to meet with them face-to-face under the guise of being interested in buying Bitcoin from him. After the victim showed the robbers the proof of his bitcoins on his phone, the men attacked him and his friend and transferred 18 bitcoins worth 5 million Taiwanese dollar via the phone wallet.

The suspects then forced the unfortunate seller to drink strong local liquor to make everything look like a drunken fight had taken place. The police arrived at the scene after receiving the reports of a fight and found two victims. Two of the offenders had fled, but the third has been arrested at the scene of the crime. He later provided investigation with information about his accomplices. They were arrested soon after.

The police later apprehended the man believed to be the mastermind behind the plan. All this was released in the yesterday's report by the Taiwanese law enforcement and the case is already viewed as “the first domestic case of bitcoin robbery”. The report doesn't mention if the crypto was returned to the rightful owner.

Similar cases has been rumored to happen in the US, but no records are released as of yet. So the unofficial governmental advice is to be more cautious of the buyers requesting face to face meetings in the light of this event.