Wednesday, October 21, 2020
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The OKEx Drama Exposes a Weakness in Crypto Market Infrastructure

This week saw more exchange drama rock the crypto markets. OKEx, one of the industry’s largest crypto-fiat exchanges, suspended all cryptocurrency withdrawals, saying one of the exchange’s key holders has “been out of touch” with the exchange because they are “currently cooperating with a public security bureau in investigations.” Coming hard on

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Big Bitcoin prediction, OKEx spooks markets, Ripple exec’s big mistake

Coming every Sunday, Hodler’s Digest tracks every important crypto news story from the previous week. Essential reading for all Hodlers! Top Stories This Week Calm before the storm? Analyst says $20,000 Bitcoin is possible in three monthsBitcoin volatility has fallen to a 16-month low, indicating that a sharp move is on the

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Market Wrap: Bitcoin Has Light Response to OKEx While Ether Options Traders Make Beacon Bets

Bitcoin rebounded from an OKEx-related drop; ether options traders may be beacon chain bearish. Bitcoin (BTC) trading around $11,327 as of 20:00 UTC (4 p.m. ET). Slipping 2% over the previous 24 hours.Bitcoin’s 24-hour range: $11,199-$11,623BTC below its 10-day moving average but above the 50-day, a sideways signal for market technicians.Bitcoin

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Blockchain Bites: OKEx Freezes Withdrawals, DeFi Audits Queue, Nigeria Urges Crypto Adoption

OKEx has frozen withdrawals, audit firms are experiencing a backlog of DeFi projects and the Trump administration is examining DLT for national defense.Top shelfAudit (back)logsCrypto code audit firms say they are swamped with decentralized finance (DeFi) projects. Three of the most well-regarded auditors in the space – OpenZeppelin, Quantstamp and Trail of

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