Relative stability reigns across most major markets as a new exchange promises complete account transparency. <\/p>\n
Bitcoin has recovered to the same value it held before its price plummeted earlier this week - a dip that saw its value drop to as low as $425 (251) on Monday. <\/p>\n
Its steady rise has been mirrored by most other major altcoins, as a period of relative stability in the cryptocurrency markets sees out the end of the week. <\/p>\n
Only blackcoin - created by a Russian developer named rat4 in February - and maidsafecoin have seen significant price drops in the last 24 hours. The market capitalisation for both fell by over 10%. <\/p>\n
Coinfloor exchange favours transparency <\/p>\n
Coinfloor, a London-based bitcoin exchange, is hoping to avoid the same fate as MtGox by opening up its books for customers to be able to check on their accounts. <\/p>\n
By publishing a list of accounts and balances, Coinfloor has made it possible for customers to scrutinise the internal workings of the exchange. <\/p>\n
\"We are letting the entire world audit our books, essentially,\" Mark Lamb, Coinfloor's chief executive, told the Wall Street Journal. \"After the bankruptcy of MtGox, we're trying to make a stand for accountability.\" <\/p>\n
MtGox Hearing Delayed <\/p>\n
The preliminary hearingfor plans to revive MtGox began yesterday but ended without any formal decision on the proposal's future. <\/p>\n
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Continued here: <\/p>\n
Cryptocurrency News Round-Up: Transparent Exchange & Bitcoin Banks<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Relative stability reigns across most major markets as a new exchange promises complete account transparency. Continue reading