Cryptocurrency Analysis and News Portal
Despite centralized cryptocurrency exchanges suffering nearly $300 million worth of hacks during 2019, many digital currency traders continue to hold significant sums of capital on centralized exchange platforms.While many noncustodial crypto services have launched in recent years, few platforms have been able to garner significant liquidity. CryptoX reached out
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The competition around staking is heating up, and the latest entrant is Binance US, which will begin offering staking rewards on two assets with plans to roll out more in the future, according to CEO Catherine Coley.On this episode of The Breakdown, Coley talks with NLW about:Disclosure Read More The
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Bitcoin (BTC) and cryptocurrency exchanges in Japan will face significant restrictions on margin trading as soon as this Spring, according to reports.Referencing sources at Japan’s finance regulator, the Financial Services Agency (FSA), local English-language news outlet Japan Times revealed plans to limit margin leverage to twice the total of
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Till the date, there are more than 500 cryptocurrency exchanges launched across various countries. No wonder that the number would still start uprising every day. A Cryptocurrency Exchange is an online platform that allows you to exchange fiat currency for a crypto asset or one digital currency for others. However,
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Ethereum (ETH) co-founder Vitalik Buterin became the center of attention on Christmas Day amid fears he plans to sell $25 million of the cryptocurrency.Records from monitoring resource Etherscan showed a total of 92,000 ETH (currently worth $11.5 million) move from a single wallet to U.S. exchange Kraken on Dec.
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Crypto investors have come to rely on crypto exchanges because they provide liquidity, a wide range of trading pairs and convenience. Given the great benefits offered by crypto exchanges, direct peer-to-peer transactions are still less popular, especially among traders. Over the years, crypto exchanges not only converted cryptos but also
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Ongoing technological advancement in digital currencies is a phenomenon that can help developing countries both politically and economically. Cryptocurrencies can solve problems that are unique to these countries by providing access to a bank account, easy transfer of money across borders, and fractionalized payments.Improving the accessibility of financial services
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“Most banks at the moment have a zero-tolerance approach to crypto,” said Tom Robinson, Elliptic’s chief scientist and co-founder. “They don’t have any visibility into the risks that a particular exchange may possess – they all look the same to them. So, many of them won’t bank any exchanges.” Source
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In the dog-eat-dog world of cryptocurrency exchanges, smaller startups that don’t attract the volume of megaliths like Binance, Coinbase and Kraken must band together to survive turbulent market cycles. Source
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Following the successful Ethereum Istanbul hard fork update, several popular exchanges have announced their official support for the network upgrade.Yesterday, on Dec. 7, the Ethereum’s network saw ample collaboration between node operators and miners to update the software to support the Istanbul hard fork.Some crypto exchanges even sounded their
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