Highlighting what went right, and what went wrong, in this week’s crypto news analysis.

A humbling week for some as flash crashes and finger fumbles cause chaos at two exchanges. A reminder that in a nascent industry, where the rails are still being built, operating with an abundance of caution is no bad thing.

Catch Copper’s CEO later this morning at the Tokenised Assets conference, and next week in New York at DAS Markets. The wider Copper team will also be at Consensus Invest next week if you would like to set up a meeting.

Below is our weekly roundup of industry and coin specific news. If you’d like to get in touch with us about any of our products or services, we look forward to hearing from you. Just send us a note.

Latest Industry News

Bitmex accidentally leaks user email list

  • On Friday, BitMEX alerted its clientele via blog and Twitter posts that it had accidentally revealed many of its user’s email addresses in the CC: field

  • The exchange has now asked customers to add BitMEX’s support email to their contact lists to decrease phishing emails along with adding 2-factor authentication (2FA)

Read More

Deribit flash crash costs firm $1.3m

  • Bitcoin derivatives provider experienced a malfunction of its flagship BTC perpetual swap contract, causing the price of the contract to drop 15%

  • It then announced via its Telegram channel that there were some BTC index calculation issues, caused by the platform's failure to remove incorrect outlier prices provided by an exchange Deribit works with

Read More

Updated tax guidance from HMRC

  • Companies that buy or sell tokens, mine, exchange tokens for other assets or provide goods or services in return for tokens are liable to pay for one or more different types of tax

  • The tax authority explicitly stated that it does not consider any of the current types of cryptocurrencies to be money or currency

Read More

Latest Coin News

BTC

  • Price analysis

  • New UK ownership

    reveals 5.3% already own BTC

  • BTC celebrated its

ETH

XRP

  • Price analysis

  • Ripple Q3 2019: Like the rest of the cryptocurrency market,

  • Ripple Founder calls China’s blockchain

    ‘phenomenal’

Don’t forget to subscribe to our newsletter so you can have the latest news delivered to your inbox every Monday morning.

Independent custody

connected to multiple exchanges

Our settlements and clearing service is backed by our award winning custody technology

Stay Ahead

By ticking this box, I agree that I've read the Privacy Policy and consent to the given information being used by Copper to contact me