Report: Crypto Exchanges Are Recording Impressive Revenues

Report: Crypto Exchanges Are Recording Impressive Revenues

Cryptocurrency exchanges are catching up to their traditional counterparts, a new study suggests. According to a report released by global professional services company Accenture, revenue from cryptocurrency exchanges is now matching that of traditional exchanges. Some of the changes discussed in the document, “Capital Markets Vision 2022,” include the rise and growth of cryptocurrencies, and how blockchain technology could potentially help traditional firms unlock value and add new levels of efficiency to their operations.
Coinbase Launches OTC Trading for Institutional Investors

Coinbase Launches OTC Trading for Institutional Investors

Major U.S. digital asset platform Coinbase has launched an over-the-counter (OTC) trading desk dedicated to institutional investors, live-streaming site Cheddar reports. From Coinbase Prime to its Custody service, the exchange has been laying the groundwork for institutional investors for a while now.
A Bug Making Ethereum Transactions on Exchanges Vulnerable Has Been Fixed

A Bug Making Ethereum Transactions on Exchanges Vulnerable Has Been Fixed

A bug centering around a new Ethereum token, GasToken, which was enabling abuse on cryptocurrency exchanges, appears to have been resolved. The details are provided in a report originally published on November 13, 2018, that discussed how the bug was exploited by attackers, and what digital platforms could do if they wished to protect their hot wallet funds. It was unclear which exchanges could or could not be affected by the bug.
After the Fork: Here’s How Exchanges Are Dealing With Bitcoin Cash

After the Fork: Here’s How Exchanges Are Dealing With Bitcoin Cash

The smoke is still clearing from Bitcoin Cash’s hard fork, but exchanges have already moved in to add support for the products of the skirmish. On November 16, 2018, what was intended to be a routine hard fork upgrade of the Bitcoin Cash blockchain became a struggle for hashing power and chain dominance as Bitcoin Satoshi’s Vision (SV), led by Craig S.

Crypto Arbitrage Today: ADA, QTUM, BTG, XLM, USDT, DASH

Every day in the cryptocurrency world comes with new opportunities to explore. Especially for those who simply want to score a quick buck by moving funds to and from exchanges, good money can be made in quick succession. Some intriguing arbitrage opportunities are popping up once again, albeit these gaps can close pretty quickly. Cardano (Kraken / Gate) In the case of Cardano – or ADA – there is one particular arbitrage opportunity which stands out in a rather spectacular fashion.
New Exchange Security Scoring Model Offers Insurance Rates for Coin Holders

New Exchange Security Scoring Model Offers Insurance Rates for Coin Holders

International cybersecurity solutions provider Group-IB has come up with a scoring model to grade crypto exchanges based on their level of security. The scoring model was created by Group-IB in conjunction with Swiss-based Cryptolns (which is operated by Swiss insurance broker APIS AS), and the grading is intrinsic to CryptoIns’ new cryptocurrency exchange insurance, which will allow exchange users to cover up to 15 BTC worth of digital assets held in their exchange accounts.

Daily Arbitrage Options: Dash, DOGE, XMR, XLM, USDT, LSK

Arbitrage is an excellent way of generating revenue from cryptocurrencies during an extended bear market. The year 2018 has offered a rather lengthy bearish market trend, yet the arbitrage opportunities have been rather appealing as well. The following six currencies can yield some healthy profits throughout the day, depending on exchange liquidity. #6 Lisk (Poloniex / Livecoin / YoBit) No one will be surprised to note YoBit remains an integral part of arbitrage opportunities these days.

Today’s Arbitrage Opportunities: XLM, Dash, XEM, XMR, LISK, BG

Arbitrage is a rather common occurrence in the cryptocurrency industry these days. With hundreds of trading platforms to choose from, it’s not uncommon for price discrepancies to occur now and then. Below are six examples of coins and exchanges to keep an eye on today, as it seems new opportunities might show up later today. #6 Lisk (Poloniex / YoBit) The Lisk currency has always been a rather interesting one.
SegWit is Coming to Coinbase and Bitfinex’s Bitcoin Exchanges

SegWit is Coming to Coinbase and Bitfinex’s Bitcoin Exchanges

Today, two of the world’s largest cryptocurrency investment platforms, Coinbase and Bitfinex, both announced that they were adopting support for Segregated Witness (SegWit) protocols for bitcoin (BTC) traded on their exchanges.
SegWit is Coming to Coinbase and Bitfinex’s Bitcoin Exchanges

SegWit is Coming to Coinbase and Bitfinex’s Bitcoin Exchanges

Today, two of the world’s largest cryptocurrency investment platforms, Coinbase and Bitfinex, both announced that they were adopting support for Segregated Witness (SegWit) protocols for bitcoin (BTC) traded on their exchanges.

Decentralized Exchanges Stake Their Claim in the Cryptocurrency Ecosystem

The cryptocurrency ecosystem has continued to take some major hits lately, causing many investors and holders to rethink the way they trade their crypto assets. Several high profile cryptocurrency hacks have made the news in the past few years.

Hong Kong Regulators Send Warnings to Non-Compliant Cryptocurrency Exchanges

Regulators in Hong Kong have issued a strict warning to exchanges doing business with Chinese customers about trading tokens deemed as securities. In an announcement today, Hong Kong’s Securities and Futures Commission (SFC) said it has sent letters to seven Hong Kong exchanges and firms attempting to fundraise through initial coin offerings (ICOs), warning them about the legalities of selling digital tokens with the characteristics of securities.

Bad News Bears: Cryptocurrency Stories of 2017 That Brought Us Down

2017 has seen its spate of both good and bad stories for all sides of the cryptocurrency space. Whether you believe in dutch tulips or you worship at the altar of Satoshi Nakamoto, there were reaffirming and disheartening stories for evcxzxeryone. Below are five of the stories that darkened an otherwise positive year for the industry. Segwit2x vs.

South Korea Moves to Regulate Domestic Bitcoin Trading, Exchanges

Since late November 2017, South Korea has looked to regulate cryptocurrency trading in domestic exchanges, including Bithumb, Coinone and Korbit,  The Korea Herald reports.

This New Group Wants to Jumpstart Kazakhstan’s Blockchain Sector

A collection of companies in Kazakhstan has submitted an application to be legally recognized as the state’s Blockchain and Cryptocurrency Association.
Bitcoin Hits $12,000 Ahead of Futures Contracts Launch

Bitcoin Hits $12,000 Ahead of Futures Contracts Launch

Bitcoin hit an all-time high of $12,000 today, with a market capitalization of around $200 billion, according to data from CoinmarketCap.

Billionaire Mark Cuban Says Futures Contracts Are a “Positive” for Bitcoin

As recently covered by CCN, the CME Group, the $51 billion U.

Exit Scam? Ethereum-based Confido Vanishes after Raising $374,000 ICO

Ethereum-based startup Confido, a little-known project that recently raised $374,000 in an ICO from investors in exchange for CFD tokens, has seemingly vanished from the internet, as all its social media profiles and website have been taken down. Investors are now looking into the situation, which points to a potential exit scam. Confido pitched itself as a blockchain-based app that allowed for smart contracts that acted as an escrow between buyers and sellers during transactions.

Karpeles Looks to Revive MtGox, Seeks $245 Million

Does anyone have $245 million to revive MtGox? Mark Karpeles, who has pleaded not guilty to charges of money laundering and embezzlement, claims reviving MtGox offers a way to allow creditors to get something from the bankruptcy. Otherwise, the complexity of the bankruptcy will make it hard for creditors to recover losses any time soon, Karpeles claimed in a recent blog.
Nasdaq Exec: Blockchain Progress Slow Amid Real-World Roadblocks

Nasdaq Exec: Blockchain Progress Slow Amid Real-World Roadblocks

Blockchain may be ready for primetime use on some of the world's largest stock exchanges, but that doesn't mean integrating the technology in financial systems will be an easy ride. At the London Blockchain Summit on Oct. 31, Nasdaq Clearing's recently promoted head of product development, Gustaf von Boisman, addressed this gap, highlighting how the technology's current capabilities aren't necessarily yielding quick implementations. As such, the talk served to illustrate how even widely anticipated use cases are struggling to graduate from the laboratory.
Where to Trade Bitcoin? Brokerage Apps Move In Amid Market Boom

Where to Trade Bitcoin? Brokerage Apps Move In Amid Market Boom

Established brokers and startups want in on the crypto boom – but, Trading 212 is a bit of both. Founded by Bulgarians Ivan Ashminov and Boris Nedialkov, Trading 212 is the trade name for Avus Capital, a broker-dealer with roots going back 14 years in foreign exchange and commodities dealing in Europe. But while the company isn't exactly new, what it's doing with share trading and cryptocurrencies is – and it seems to be generating success so far. Its app is the most-downloaded trading app in the UK, with the company now providing a full-blown trading operation, with markets in some 2,500 instruments, ranging from shares to commodities.
App Maker Kakao Is Launching a Cryptocurrency Exchange

App Maker Kakao Is Launching a Cryptocurrency Exchange

South Korean fintech firm Dunamu, operator of the securities trading app Kakao Stock, is gearing up to launch a new cryptocurrency exchange. Set up in partnership with the U.S.-based exchange Bittrex and currently in open beta testing mode, Upbit will support the trading of over 110 tokens from 171 different markets. Anticipated by Dunamu to be the largest cryptocurrency exchange in the country when fully launched, Upbit is set grow the number of cryptocurrencies that can be directly traded for Korean won, and will "gradually" add new digital currencies to the platform.
Fraudsters Post Fake Poloniex Cryptocurrency Trading Apps to Google Store

Fraudsters Post Fake Poloniex Cryptocurrency Trading Apps to Google Store

Security researchers have discovered at least three fraudulent apps on the Google Play store purportedly tied to the Poloniex cryptocurrency exchange. An article posted on IT security firm ESET’s news site We Live Security details how two of the apps, respectively called "Poloniex" and "Poloniex Exchange," were put onto the Android app service and downloaded more than 5,500 times before being removed.
Thinking Big? Bank Blockchains Will Advance By Doing Anything But

Thinking Big? Bank Blockchains Will Advance By Doing Anything But

Noelle Acheson is a 10-year veteran of company analysis, corporate finance and fund management, and a member of CoinDesk's product team. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday, exclusively to our subscribers.
LedgerX Trades $1 Million in Bitcoin Derivatives in First Week

LedgerX Trades $1 Million in Bitcoin Derivatives in First Week

The first regulated cryptocurrency derivative trades have taken place on a U.S. exchange. In a statement to the press today, bitcoin trading platform LedgerX confirmed rumors that it has already begun trading cryptocurrency derivatives, an offering it first received approval to begin selling to institutional investors in July. According to figures provided by the company, LedgerX saw 176 swaps and options contracts traded in its first week, with notional values of more than $1 million.