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Dex Platforms Trade Over $2.4 Billion in 7 Days, Defi Swaps up 68% Since Last Week
16.8.2020
Years ago the cryptocurrency community did not have access to a plethora of decentralized exchanges (dex). In 2020 with the rise of Ethereum, dex platforms have grown exponentially with trading applications like Uniswap, 0x, Kyber, and more. Dex trading growth has spiked over 68% this week alone...
Mike Novogratz’s Galaxy Digital Holdings Reports $38.5 Million Income for Q2: “We’ve Crossed the Rubicon’
16.8.2020
Galaxy Digital Holdings reported on Friday, August 14 that its comprehensive income for Q2 grew to $38.5 million. The figure reflects both net realized and unrealized gains from digital assets, as well as investing activities of $28.3 million. In an earnings call, Galaxy Digital President, Chris...
Decentralized Exchanges Maturing, but High Demand Reveals Limitations
15.8.2020
The growth of decentralized exchanges in 2020 has been phenomenal, but there is a hard ceiling with current technology
Here’s Why Decentralized Exchanges Are Growing So Fast Right Now
15.8.2020
Decentralized exchanges boast a monthly volume of only around USD 40m as recently as January 2019. This July they accounted for almost USD 4.5bn.
This is impressive growth, and it looks like many people within the crypto industry believe that decentralized exchanges (DEXes) will continue to grow...
Uniswap’s August Volume Topples July $1.76B Record in Less Than Two Weeks
13.8.2020
Uniswap reported $TK billion in monthly volume as of Wednesday
LocalCryptos Integrates Inbuilt Crypto-To-Crypto Exchanges, Powered by ChangeNOW
12.8.2020
ChangeNOW is happy to announce the integration with LocalCryptos – the world’s most popular non-custodial peer-to-peer crypto marketplace! From now on, LocalCryptos users can swap cryptocurrencies right inside its built-in non-custodial crypto wallet. To perform the desired trade in...
Researchers Find Flaws in Security Protocols Developed by Major Crypto Exchanges
10.8.2020
Private key protocols for some crypto exchanges have been implemented with bugs that could have been exploited by a well-placed malicious party, researchers say
Web Traffic on Global Crypto Exchanges Surged 13% in July
10.8.2020
Crypto analytics startup ICO Analytics reveals the fastest growing crypto exchanges and DeFi protocols in terms of web traffic
Researchers Find Bugs that Could Expose Crypto Wallets on Exchanges
10.8.2020
Security experts said they have unveiled a number of vulnerabilities in the open-source libraries used by numerous crypto exchanges and financial institutions – which could be exploited by hackers looking for a way into users’ wallets.
At a recent Black Hat cybersecurity conference, experts said...
Messaging Firm LINE Makes Own Token Available to Japanese Traders for First Time
10.8.2020
The blockchain subsidiary of the messaging app giant has made its LINK (LN) token available to Japan-based traders for the first time
Researchers Claim Crypto Exchange Hacks Happen in Three Ways
9.8.2020
Hacks into crypto exchanges target open-source libraries and take advantage of inside jobs researchers said
Slow But Steady: FATF Review Highlights Crypto Exchanges’ Struggle to Meet AML Standards
8.8.2020
Compliance with FATF’s travel rule presents major technical difficulties, but the blockchain industry is best-equipped to overcome them
Blockchain Analytics Show Altcoins 2x More Prominent in East Asia Compared to North America
8.8.2020
On August 6, the blockchain intelligence firm Chainalysis published a report that analyzes cryptocurrency trends across various regions worldwide. According to the statistics, North America purchases and holds more bitcoin than any other region. Bitcoin also accounts for the largest share of U.S....
CoinDCX Becomes First India Exchange to Offer Users Crypto Staking
7.8.2020
Mumbai-based cryptocurrency exchange CoinDCX launched its new product on Friday, allowing users to stake cryptocurrencies from Harmony, Qtum and Tron
$5.6 Million Double Spent: ETC Team Finally Acknowledges the 51% Attack on Network
6.8.2020
The Ethereum Classic (ETC) blockchain network lost $5.6 million to one miner following a 51% attack initially thought to be a chain split. During the attack, the offending miner managed to double-spend 807,260 ETC ($5.6 million) after spending 17.5 BTC or $200,000 (at time of writing) to acquire...
Bitcoin Whales Bought the Dip, Data Shows as $1.2B Leaves Exchanges
6.8.2020
Investors are in no mood to sell as the number of Bitcoins held in exchange wallets “falls off a cliff” this week
Bitfinex Offers $400 Million in Rewards to Get Back 120,000 Stolen Bitcoins
5.8.2020
Cryptocurrency exchange Bitfinex is offering rewards of up to $400 million to the hackers who stole almost 120,000 bitcoins from its platform in 2016 as well as anyone putting it in touch with the hackers. Up to $400 Million Reward for the Recovery of Stolen Bitcoins Bitfinex announced on Tuesday...
Crypto Derivatives Set New Records, ETH Futures Set All-Time Highs, CME Open Interest Spikes
5.8.2020
Digital currency derivatives have been on fire during the last two weeks as ethereum futures volumes touched an all-time high on Sunday. The popular derivatives trading platform Deribit saw 1.9 million ETH contracts traded and CME Group is now the third-largest exchange in terms of bitcoin futures...
European Bitcoin Exchange Hacked for $1.4 Million, Claims It Cannot Afford to Repay Users
4.8.2020
2gether, a Spanish cryptocurrency trading platform, has been hacked for about $1.4 million and company executives claim that they do not have the money to repay customers. Chief executive officer Ramon Ferraz Estrada said over the course of several tweets on Monday that the breach of July...
Bitpatt.com, a Safe, Fast and Reliable P2P Crypto Exchange, Launches Operations
3.8.2020
While there are many crypto exchanges, fear of hacking and theft has slowly crept into crypto traders due to many such past incidents. It makes sense to always be in control of one’s fund and cryptocurrencies, and that’s why P2P or peer to peer services like Bitpatt are trusted by both...