According to a study conducted by The Block, the average amount of commission costs on leading cryptocurrency exchanges for retail investors is 0.44%. The American platform Gemini, which charges 2% of its users, stands out especially. The second and third place in terms of commission costs are Bitstamp and Bittrex, respectively. Least of all, its users charge the Binance cryptocurrency exchange , followed by KuCoin and BitFlyer, which, on average, charge 0.44% per transaction. In this rating, itBit is also present, which offers makers a negative commission rate. The exchange does this in order to encourage traders to create additional…
Author: BlockchainJournal
On Saturday, March 30, the South Korean cryptocurrency exchange Bithumb suspended its withdrawal and deposit services. The platform monitoring system has detected anomalous cryptocurrency withdrawal actions. Representatives of the exchange apologized to customers for the delay in the service, and also assured that all assets on the exchange are safe. Dovey Van, a partner at Primitive Ventures, noticed strange transfers from Bithumb’s wallets. More than 3 million EOS coins (worth about $ 12.6 million) left the purse owned by the exchange: Bithumb hacked at storage level in EOS !!! Over 3 million EOS has been transferred. The details will…
In the traditional Sunday digest, Bitcoin attempts to break the downward trend, change of leadership at Bitmain, the final formation of the third venture fund from Pantera Capital and other key events of the week. Attempt not torture This week, Bitcoin again gave hope for a rapid recovery, breaking the mark of $ 4000 on the Bitstamp exchange. According to the CoinMarketCap analytical resource, on Saturday […]
It is no secret that mining activities spread throughout the world, especially in countries with low temperatures and low electricity prices. Thus, Canadian oil companies began to extract Bitcoin (BTC) due to an excess of available natural gas obtained from oil production. Near oil rigs and other mechanisms associated with the extractive industry, huge transport containers are located. Thanks to the natural gas produced in the process of mining, the electric power generator drives the mining bitcoin farm. In this way, the company compensates for operating expenses and uses a by-product of oil production, which was not normally used. It…
The Lightning Network release took place over a year ago. Since then, many applications have emerged on the basis of a promising technology, around which a significant user base has grown. Recently, Bitfury announced the launch of a suite of solutions for the Lightning Network. Why big business puts on technology, which is still in an early stage of development, we understand the article. Lightning Network is considered one of the most promising second-level solutions for the Bitcoin network. In particular, it should help to cope with the problem of scaling and speed of transactions and become a guide to…
Argentine Deputy Finance Minister Felix Martin Soto announced the imminent collapse of the US currency. A crushing blow to the dollar will inflict a cryptocurrency that confidently pushes fiat money into the global market. This point of view, an Argentine official said in an interview with Huobi Group CEO Leon Lee. The meeting was held in Beijing, during which the deputy minister and the head of one of the largest crypto companies examined options for cooperation in the blockchain industry. Soto said that now half of Argentina’s population has no bank account at all and uses only cash in virtually…
The former CEO of the once largest Mp.Gox cryptocurrency exchange, Mark Karpeles, intends to challenge the verdict of the Tokyo District Court, who found him guilty of forging documents and sentenced him to four years of probation, reports Associated Press with reference to attorney Nobuyashi Ogata. We note, according to the verdict, if Karpeles violates the stipulated conditions for four years, then he will face a real prison sentence […]
Three Big Four operators were asked to test the system of the Russian DPI through deep filtering of traffic. The test also aims to show the possibility of blocking Telegram messenger and reduce the speed of access to YouTube and several other major Internet services, RBC writes. The proposal to test equipment for deep traffic filtering (Deep Packet Inspection; DPI) on their networks in any region received, in particular, MTS, MegaFon and VimpelCom. The system was developed by RDP.RU and showed the best results during the tests. At the same time, telecom operators were asked to provide information on the…
Bakkt's cryptocurrency platform, operated by the Intercontinental Exchange (ICE) financial corporation, introduced board members who will be headed by Tom Noonan, a cybersecurity serial entrepreneur. Progress report: Building digital asset infrastructure infrastructure: http://t.co/ExY0Zn4j8D – Bakkt (@ Bakkt) March 29, 2019 “We are following a completely new course that requires hard work from all of us, […]
The cryptocurrency exchange based in Estonia Bibox announced on Saturday, March 30th, the upcoming launch of its own platform for initial stock exchange placement (IEO). The construction of the bibox will be the case for bibox orbit. Details?? https://t.co/4MELaUH9d0 – Bibox (@ Bibox365) March 30, […]
