IDEX is launching a new DEX built on a layer 2 scalibility protocol made possible through Ethereum’s Istanbul hard fork. Source
Ethereum’s Top DEX Is Relaunching to Tap Istanbul’s Lower Gas Fees
Day: December 5, 2019
Texas-Based Data Center CyrusOne Hit by Ransomware Attack
Texas-based data center provider CyrusOne has reportedly fallen victim to an attack from REvil (Sodinokibi) ransomware, business tech-focused publication ZDNet reported on Dec. 5. One of the largest data centers in the United States, CyrusOne has reportedly been exposed to an attack by a variant of the REvil (Sodinokibi) ransomware, which previously hit a number of service providers, local governments and businesses in the country. Just business Per the ransom note obtained by ZDNet, the attackers targeted CyrusOne’s network, with the sole objective of receiving a ransom. Those behind the…
MARKETS DAILY: Casualties Ahead in the Cryptocurrency Mining Arms Race
Disclaimer Read More The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. This article is intended as a news item to inform our readers of various events and developments that affect, or that might in the future affect, the value of the cryptocurrency described above. The information contained herein is not intended to provide, and it…
Russian Smelting Giant Begins Testing Digital Trading Platform
Russian mining and smelting giant Nornickel has commenced testing its digital platform for metals trading. As Bloomberg reported on Dec. 5, Nornickel began trialing its platform for digital metal tokens in collaboration with physical commodities trading group Trafigura Group Ltd., metals finance and logistics firm Traxys SA and materials technology and recycling group Umicore SA. Specifically, the platform is designed to enable clients to purchase digital tokens backed by metals and then trade them for physical supplies. Big plans Commenting on the product rollout, Nornickel CEO Vladimir Potanin said that…
Almost $9 Billion of Bitcoin Moved On-Chain in 1 Hour: Record
On Dec. 4, $8.9 billion in Bitcoin (BTC) were moved on the blockchain in a single hour, excluding change volume, which is Bitcoin that returns to the sender. Bitcoin’s high transaction volume was pointed out by Rafael Schultze-Kraft, the co-founder of on-chain market intelligence firm Glassnode. In a tweet on Dec. 4, he claimed that such a high hourly transaction value was a first for the network: “It’s the highest hourly USD transaction volume in Bitcoin’s history.” Bitcoin hourly on-chain transaction volume in U.S. dollars. Source: tweet Bittrex is responsible…
Stack Overflow VP Joins Crypto Lending Firm as Chief Product Officer
Cole leaves Stack Overflow, a resource site for programmers, where he’s been vice president of product since 2012. Becoming familiar with bitcoin that same year, Cole was tapped for the Wyoming Taskforce for his expertise on the subject and helped create state jurisdictional rules for bitcoin and blockchain adoption. Source
Morgan Stanley Execs Launch XRP & Crypto Exchange to Match Nasdaq
Eight former tech execs from financial giant Morgan Stanley have launched a crypto derivatives trading platform in Singapore and it will include XRP. The unattractively named Phemex works ten x faster than other crypto platforms and will offer 100x leverage for both institutional and retail investors into crypto. As well as XRP the platform will offer Bitcoin and Ethereum perpetual contracts which will eventually be backed by stocks, metals, energy, and forex. The internet has made it possible to communicate and transfer information, a public blockchain enables instant transfer of…
Bitcoin Price & Technical Analysis: BTC Stopped Falling But for How Long?
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex. Tech analysis of BTC/USD Bitcoins worth 313 million USD were withdrawn through Bittrex. The SIX platform has added a derivative on the BTC On W1, the Bitcoin continues the descending tendency inside the previous channel and has already reached 61.8% fibo. The next downside target may be 76.0% fibo at $5710.00 and the long-term low at $3121.90. the resistance is close to 38.2% fibo at $9760.00. On the MACD and Stochastic, the MACD histogram remains in the red area, while the second indicator,…
Bitcoin Forex Brokers: Things You Should Know
Nowadays, everyone knows what Bitcoin is. In fact, more and more people learn about cryptocurrencies overall – and not only about the biggest one out there. As a result, many individuals want to take advantage of this new type of currency. Even if cryptocurrencies have been here for a while, people only now understand how beneficial they can be to their finances, especially in terms of trading. Therefore, they started looking for forex brokers that trade in Bitcoin as well. However, there are a couple of things that you should…
Bitcoin Sets New $9 Billion Record for Hourly Transaction Volume
Yesterday, December 4, turned out to be a very interesting day for Bitcoin as the network broke a new record and hit its biggest hourly USD transaction volume in all of Bitcoin’s existence. An increase in the volume of transactions on any network is usually regarded as a big deal because more often than not, it shows that there is some progress with adoption. However, this case is very different. The news was made known in a tweet by Rafael Schultze-Kraft, the cofounder of on-chain market platform, Glassnode. According to Rafael’s tweet,…