TagIDEX

Decentralized[?] Ethereum Exchange IDEX to Add More IP Blocks, Force KYC

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kyc idex ethereum dex

IDEX, formerly known as a “decentralized” Ethereum exchange (DEX), has announced that its service will soon feature expanded regional restrictions and KYC policies comparable to those enforced on most centralized cryptocurrency trading platforms. Ethereum Exchange IDEX Moves to Comply with Crypto Regulations The operator of IDEX, the Panama-registered Aurora Labs S.A., announced the new changes...

Decentralized[?] Ethereum Exchange IDEX Waves Goodbye to New York Traders

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IDEX, a self-described decentralized cryptocurrency exchange (DEX) that allows traders to trustlessly exchange Ethereum tokens, has announced that it will no longer provide trading services to customers with IP addresses originating from New York. Ethereum DEX to Block New York IP Addresses Beginning tomorrow, Oct. 25 at 6 pm UTC, New York users will be barred from placing new orders on the...

Dogecoin Creator: "Build it They'll Come Attitude" in Crypto Doesn't Work

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Jackson Palmer Dogecoin cryptocurrency

Jackson Palmer, a product developer at Adobe and the creator of Dogecoin, has said that developers in the crypto community will now have to find a way to encourage users of centralized systems to convert to decentralized applications (dApps). Decentralized systems and applications are significantly less efficient in processing information than centralized platforms. As such, incentivizing users...

$1.5 Million: Cryptocurrency Trading Platform Taylor Suffers 2,500 ETH Hack

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Stellar Lumens

Taylor, a company that recently launched an initial coin offering (ICO) to raise funds to help develop a smart cryptocurrency trading assistant, has recently been hacked for 2,578 ETH (about $1.5 million) as well as some of its TAY tokens. According to a Medium blog post the company published, what truly happened isn’t yet clear, although several indicators point them towards a group of hackers...