• LedgerX may have placed its founders "on administrative leave," but they're still listed as the company's leaders on its website (via LedgerX).
    People,  Regulation

    LedgerX founders Paul and Juthica Chou ousted after futures debacle

    Badly embarrassed by a bungled futures launch, the derivatives exchange removed its CEO and COO the same day rival Bakkt expanded its offerings

    On Dec. 9, LedgerX derivatives exchange CEO Paul Chou and his wife Juthica, the COO, were unceremoniously removed by the board of the company they founded. While no explanation was given, the company suffered a huge and embarrassing setback over the summer.

  • Charts
    Cryptocurrencies

    CryptoCompare starts ranking good, bad, and ugly exchanges

    Top 10 cryptocurrency exchanges announced after grading after the data and indices provider studied more than 100 trading platforms worldwide

    Calling the cryptocurrency trading business ripe with fraud and manipulation, cryptocurrency data and indices provider CryptoCompare has begun rating the reliability of exchanges.

  • CoinMarketCap (via Shutterstock).
    Cryptocurrencies

    CoinMarketCap announces new reporting requirements

    The crypto price and volume tracker reacts to a report that suggested widespread fraud in the data it publishes

    Less than one month after an analysis concluded that 95% of the trade volume reported on CoinMarketCap is fake, the cryptocurrency data tracking site announced that it will exclude exchanges that do not provide more live data from its price and volume calculations.