The founder of a recently shut down cryptocurrency exchange Cryptopia is planning to launch a new exchange called Assetylene, Decrypt Media writes. Cryptopia went into liquidation earlier this month following a $23 million breach in January.
Cryptopia’s founder Adam Clark departed from Cryptopia in early 2018 “due to new management wanting to take the company in a different path I fundamentally disagreed with,” Clark said. He started out creating a trading processor but ended up creating a whole trading engine. According to Clark, his new project offers fixes to “scaling problems” Cryptopia had.
Assetylene seems to be similar to TradeSatoshi exchange where Clark served as a senior developer.
“Cryptopia, Tradesatoshi and Assetylene obviously all look alike because I made/designed each platform, so I guess I have a style maybe,” he said.
Although still in beta with no official launch date, Clark promises the new exchange will be “New Zealand’s most advanced crypto trading platform.”