This week has been incredibly busy in the world of Digital Assets and we have compiled a collection of some recent news that hit during the past few days:

LMAX Exchange Group launches the first institutional crypto exchange

LMAX Exchange opens its doors towards Digital Assets for institutional investors with only the most liquid cryptocurrencies: Bitcoin, Ethereum, Litecoin, Ripple and Bitcoin Cash. LMAX Exchange is a London based multilateral trading facility that previously only supported forex trading.

Trading will be available non-stop (24/7) and will offer high latency reading, high grade security with hot/warm/cold multi-sig wallets for keeping funds safe.

“We are furthering the legitimisation of the crypto currency market by offering institutions a platform on which to acquire, trade and hold crypto currencies securely with high quality, deep liquidity,” said David Mercer, CEO of LMAX Exchange in the official blog post.

Korbit delists all privacy focused coins

Korbit, a popular Korean exchange, decided to delist 5 cryptocurrencies according to an official blog post. The affected coins are: DASH, XMR, ZEC, REP, STEEM. There was no exact reasoning for the decision, but the blog post indicates that the changes might be re-evaluated in the future. Until that point Korbit advises either to liquidate or withdraw the before mentioned assets from the exchange.

We speculate that this might be caused by tighter AML and ICO regulations from the Korean government. With this decision, the exchange delisted all privacy focused coins (DASH, XMR, ZEC) and an ICO (REP). A possible reason for the STEEM delisting could be the shady launch of the currency back in 2016.

The only coins left on the exchange are currently: Bitcoin, Litecoin, Bitcoin Cash, Bitcoin Gold, Ripple, Ethereum, Ethereum Classic,

eosDAC gets listed on exchanges and coin statistics sites

EosDAC has been listed on WalletInvestor.com‘s and recently on CoinMarketCap‘s Digital Asset statistics sites, moreover the token has also been recently listed on a few medium volume exchanges like Bibox and BigONE. The current market cap of the token hovers around ~130m USD.

eosDAC distributes 75% via airdrops to EOS holders and aims to build a Decentralized Autonomous Community (DAC) that will work towards becoming one of the main block producers. Altogether 21 block producers will be present on the EOS chain.

Taylor app ICO hacked for all of its funds

An official blog post reported that Taylor, an ICO aimed to create a smart assistant app for Cryptocurrency trading, lost all of its ETH (2,578.98) and TAY (set aside for the team and bounties).

The projects claims the it could possibly be the same hacker as on CypheriumChain even though that breach indicated a few red flags towards the project if you read through the link. The leader of Taylor contacted a few exchanges after the hack to possibly stop the hacker from dumping the coins. So for there are no exact details on the hack, quoting the post:

“Even though we took the duly security measures to prevent this kinds of situation, we could not stop what seems to have been a highly advanced and coordinated attack, so for now we have more questions than answers.”

CoinJar opens Australian exchange

CoinJar Exchange has been announced for the use of Australian citizens who verify their identity via the KYC process. The platform will allow trading of multiple digital currencies against Australian dollars and Bitcoin. CoinJar has previously only acted as a market maker where users could buy and sell towards the business (like ShapeShift), but now they allow full exchange features together with a dedicated trading API. Read the full exchange documentation if interested.