Analysts at The Block found that since the beginning of the year, the number of bitcoins in the insurance fund of the BitMEX crypto derivative exchange has grown by 50.7%. The fund currently holds 31,305 BTC (more than $ 320 million at the current exchange rate). This is 0.15% of the total market supply of the first cryptocurrency. “The insurance fund is used to prevent car dealerships (ADL, [automatic leverage reduction]). If the resources […]
Telegram
Nelson Minier, the head of the Kraken OTC trading division, expressed the opinion that the cryptocurrency market is gradually growing, institutionalizing and becoming similar to Wall Street in the old days. It is reported by CCN. However, according to Nelson, the current Wall Street, associated with the entire US stock market, is no longer what it used to be. “Over the course of my first 15 years on Wall Street […]
Circle cryptocurrency company CEO Jeremy Allair said China is significantly ahead of the US in creating a national digital currency, CoinDesk reports. Allair noted that thanks to the digital currency, over time, China will be able to circumvent the “Western rules”, since the new means of payment will open up great opportunities for the country and local companies. “Circle is also confident that all the world's largest reserve currencies, which […]
Two years after the activation of Segregated Witness, the share of bitcoin transactions using this protocol reached 61.93%. Segregated Witness (SegWit) was activated on August 24, 2017. The protocol eliminated a number of problems that stood in the way of Bitcoin, opening up opportunities for network scaling, including through the Lightning Network. In particular, with the introduction of SegWit, the method of storing data in […]
The largest cryptocurrency exchange Binance has published updated information regarding the leak of user data. Update & Action Response: Third-Party Vendor KYC Matter Protecting our users and keeping #Binance systems secure is our utmost priority.https: //t.co/1xz48JLmxF – Binance (@binance) August 23, 2019 Marketplace representatives stressed that work on solving the problem continues and over the past few weeks the Binance team […]
According to the results of a survey conducted by BabelFinance, more than 30% of Chinese investors are confident that the price of bitcoin will overcome the $ 30,000 mark in the next 12 months. It is reported by Bitcoin Magazine with reference to the Chinese resource 8btc. Most of the respondents are young, educated, and fairly well-off people, mostly males. 51.8% of respondents are persons aged 26-35 years, 21.9% […]
Circle cryptocurrency company, which owns the Poloniex exchange, has announced the search for a new general partner who will be able to raise $ 100 million for its venture fund. It is reported by CoinDesk. The company expects the new partner to develop and promote an investment declaration to increase the number of large transactions on the SeedInvest crowdfunding platform, which Circle acquired in March. The SeedInvest platform was founded in […]
The BitMax cryptocurrency exchange temporarily stopped trading for some users due to interruptions in the operation of Amazon Web Services (AWS) cloud services observed this morning. Dear Users ， due to abnormal market fluctuations, https://t.co/Tcy98YEGIh has temporarily suspended trading service for accounts which had traded during 1:00 am – 3:30 am EDT, Aug 23rd, 2019. Click on the link [ …]
Leading payment processing BitPay has blocked the transfer of $ 100,000, designed to save the Amazon rainforest from fires. Amazon Watch, a regional support organization, drew attention to the problem. @BitPay @BitPaySupport a donor, no doubt upset about horrific #AmazonFires tried to donate $ 100,000 to our account today and it was rejected as too high. We want to […]
Bitcoin was recognized as property in the trial of the theft of 100 BTC, held in a London court on economic issues. According to Decrypt, the solution is interim and requires ratification. The plaintiff in the case was the head of the Alphabit fund Liam Robertson, who in July lost $ 1 million in cryptocurrency due to hackers. Then he made a deal on the phone […]