In this edition of The Daily we cover the resumption of trading on the hacked New Zealand exchange Cryptopia, the American digital assets industry’s increased lobbying of politicians, and a wanted ad by the Visa Crypto team.
Also Read: Tel Aviv Court Rules Bank Can’t Close Crypto Miner’s Account
Cryptopia Resumes Trading, Plans Rebate
The New Zealand-based cryptocurrency exchange Cryptopia is now open for trading again. The platform, which was hacked at the start of the year losing almost 10 percent of its assets, has announced that it’s resumed trading on 40 trade pairs that its team has quantified as secure and will continue to expand this list as they clear more coins.
The Cryptopia team also sent out an email to update customers on the progress they are making, promising there will be a rebate for those who lost funds. Users will start to see withdrawals of their lost funds and a deposit of Cryptopia Loss Marker (CLM) instead. The platform explained that CLM is not a coin, it can’t be traded as…