Sunday, September 20, 2020
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Two major crypto exchanges are teaming up to push the industry forward

Crypto exchange KuCoin has unveiled dealings with another exchange, Poloniex, in an effort to move the crypto industry forward.   "KuCoin and Poloniex will join hands in trading technology research and development, liquidity sharing, product iterations, PoS [proof-of-stake] and PoW [proof-of-work] mining pools, and other industrial exploration," said a statement provided

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Market Wrap: Bitcoin Hits $10.4K; Ether Balances on Exchanges Fall to 7-Month Low

Bitcoin was trending upward before losing momentum; ether holders are moving their cryptocurrency off exchanges. Bitcoin (BTC) trading around $10,284 as of 20:00 UTC (4 p.m. ET). Slipping 0.12% over the previous 24 hours.Bitcoin’s 24-hour range: $10,174-$10,488BTC below its 10-day but above 50-day moving averages, a sideway signal for market technicians.Bitcoin

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DeFi Flippening Comes to Exchanges as Uniswap Topples Coinbase in Trading Volume

Trading volumes are surging on Uniswap and other so-called decentralized cryptocurrency exchanges, challenging established venues like Coinbase while driving up fees and congestion on the Ethereum blockchain.     Uniswap, a semi-automated platform for matching buyers and sellers of cryptocurrencies and other digital assets, saw its trading volume climb to $953.59

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Binance and Oasis Labs launch intelligence sharing platform for exchanges

The world’s largest cryptocurrency exchange, Binance, has teamed up with privacy-centric blockchain-powered cloud computing developers Oasis Labs to fight fraud in the crypto sector.Oasis was announced as the inaugural member and primary infrastructure provider for the Binance-led CryptoSafe Alliance on August 27.Oasis Labs’ “confidential smart contracts” will be utilized in

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FTX Exchange’s $150M Deal for Mobile-First Blockfolio Is a Retail Trading Play

Cryptocurrency derivatives exchange FTX has acquired Blockfolio, the market’s leading mobile news and portfolio tracking app, for $150 million. The price was paid in cash, crypto and equity, the companies told CryptoX. Formally announced Wednesday morning in Asia, the deal is a strategic play for FTX, whose clientele consists largely of

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How Digital Asset Exchanges Can Meet Institutional Investors’ Need for Speed

With low barriers for entering, competition for digital asset exchanges is intense, with an estimated more than 10,000 exchanges now operating worldwide. This competition reduces margins for all of them and also lowers deposit and withdrawal thresholds. Add in a confusing patchwork of global regulations, and profitability challenges for digital

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