There are two kinds of people who hold cryptocurrency: investors and traders. Investors don’t make deals very often, sometimes only once in a few years, if at all. Traders do it often, many even on a daily basis.
According to the report by CipherTrace, in the first 5 months of 2020, the total losses of cryptocurrencies to criminals and scammers amounted to $1.36 billion. Researches suggest 2020 may bring the second-highest total crypto lost to crime ever observed, the current record being 2019’s $4.5 billion.
On April 3rd, 2020, class-action suits against four major crypto-exchanges and seven ICO projects were filed. The lawsuits allege that the defendants have violated U.S. securities laws.
1 What is a decentralized exchange? Decentralized exchange (DEX) is an exchange built on a distributed ledger. It does not store users’ private data on its servers and only serves as a platform for matching users’ bids and asks. All trade that happens on such a platform is strictly peer-to-peer with no financial intermediaries. That […]
CoinMarketCap, one of the leading sources of market data and information about the crypto space, has announced a new change in its ranking methodology. The main goal is to offer better information regarding liquidity of exchanges and the ranking of all crypto assets in the platform.
Bitfinex have today announced the completion of eosfinex, an on-chain trading platform built on EOSio technology. According to the press release shared with ForkLog, eosfinex has been developed with a focus on the combination of decentralization and low latency and to further the abilities of peer-to-peer value exchange, allowing for high volume trading on the […]
Blockchain, provider of the leading Bitcoin wallet, has announced the launch of its own crypto exchange. Dubbed The PIT, the new platform is said to be “the fastest crypto exchange in the world.”
In the wake of the news that the Commodity Futures and Trading Commission (CFTC) is investigating BitMEX due to suspicion of illegally offering trading to the U.S. citizens, users of the popular Bitcoin derivatives exchange have withdrawn almost $85 million, the highest amount among other leading exchanges. According to data provided by TokenAnalyst, BitMEX saw […]
A new report of the investigation into the Coincheck exchange 2018 hack has revealed that the personal computers of the employees have been to have been infected by a virus originating from a Russian hacker syndicate.
BiteBTC, a little-known cryptocurrency exchange allegedly based in Singapore, has halted withdrawals and is blocking clients’ accounts, several affected users told Forklog.com. A similar warning was also posted by CoinMarketCap.
Hong Kong-based cryptocurrency exchange Bitfinex has raised staggering $1 billion through a private sale of its native token LEO, the platform’s chief technology officer Paolo Ardoino announced Monday, May 13.
Leading cryptocurrency exchange Binance announced May 7 the discovery of a “large scale security breach” leading to malicious actors being able to access user API keys, two-factor authentication codes and “potentially other info.”