Lumi Wallet Web Widget: Cryptocurrency Exchange on Your Website

Place/Date: – August 10th, 2020 at 1:00 pm UTC · 3 min read Contact: Lumi Wallet, Source: Lumi Wallet Photo: Lumi Wallet  Good news for those who want to upgrade their website with functional tools and features –  on August 5th, Lumi Wallet Technologies launched its app web widget. Now everyone can easily embed a “mini digital wallet” into the body of their website. The Lumi Wallet Widget is a useful and interesting tool for a website. Basically, it is a real-time cryptocurrency exchange for the web page, it is…

Researchers Claim Crypto Exchange Hacks Happen in Three Ways

Researchers at the Black Hat security conference revealed that crypto exchanges might be vulnerable to hackers. Although crypto exchanges have high privacy and security to protect their funds, researchers still found three ways hackers can attack these crypto exchanges, according to Wired on August  9.   The crypto exchange attacks were operating more like “an old-timey bank vault with six keys that all have to turn at the same time,” the report said. Cryptocurrency private keys were broken into smaller pieces. It means an attacker has to find them together before…

10 Simple Steps to Launch Own Cryptocurrency Exchange

Cryptocurrency, Bitcoin are the trending search terms on google in recent years. Hope you all aware about these terms as it plays vital role in today’s digital world. Cryptocurrency Exchange is the most profitable business that is making huge revenue even on this difficult pandemic situation. In this article, let us look at the simple steps to launch your own cryptocurrency exchange platform.   Step 1 : Get Proper Legal Counsel after meeting all your licensing requirements It is important to get the proper legal counsel, before you set your…

TokenInsight Released BitCoke Exchange Analysis Report

Place/Date: Beijing, China – August 6th, 2020 at 5:42 pm UTC · 3 min read Contact: TokenInsight, Source: TokenInsight Introduced by BitCoke, Quanto Swap is a dual-currency trading product ( I.e. The BitMEX ETH/USD perpetual contract is denominated in US dollars and is eventually settled in XBT). The trading involves the conversion between three different cryptocurrencies. The BitCoke Quanto supports four cryptocurrencies, namely BTC, ETH, EOS, and USDT, as the settlement asset and can also be used as deposit, which means that users can trade all five contracts at the…

OKCoin Exchange Awards Grant to One of Bitcoin Core’s Most Active Developers

Announced Thursday, exchange OKCoin is awarding its largest individual grant so far to Bitcoin Core maintainer Marco Falke, the second-most prolific contributor to Bitcoin Core in the software’s history.  OKCoin is awarding Falke an Independent Developer Grant, which is the “equivalent of a developer salary for the year,” though Falke requested that the exact amount not be disclosed for the sake of his financial privacy. Read more: OKCoin, BitMEX Sponsor Bitcoin Core Developer Amiti Uttarwar With his grant, Falke will continue his work as maintainer of Bitcoin Core, the key…

Bitcoin P2P Trading Soars in India as New Exchange Launches

Bitcoin P2P trading volume in India has been growing rapidly, hitting record highs over the past weeks. Meanwhile, a new P2P trading platform has launched in India as the crypto industry awaits the government’s decision on a cryptocurrency law. P2P Trading Volume Soars in India Peer-to-peer (P2P) bitcoin trading in India has been hitting all-time highs over the past weeks. The growth accelerated after the country’s supreme court quashed the circular by the central bank, the Reserve Bank of India (RBI), in March that banned banks from providing services to…

European Bitcoin Exchange Hacked for $1.4 Million, Claims It Cannot Afford to Repay Users

2gether, a Spanish cryptocurrency trading platform, has been hacked for about $1.4 million and company executives claim that they do not have the money to repay customers. Chief executive officer Ramon Ferraz Estrada said over the course of several tweets on Monday that the breach of July 31 affected crypto investment accounts and exposed user private keys. A separate announcement later expressed the exchange’s doubts over reimbursing the stolen funds, citing a lack of financial capacity. Instead, company officials offered customers the bourse’s native 2GT token as full compensation. “In…

Tel Aviv Stock Exchange to Launch Blockchain Securities Platform

The Tel Aviv Stock Exchange (TASE) plans to launch its blockchain-based securities lending pool in November. In an announcement on July 28, TASE said the platform will serve an essential function in the country’s capital markets, which currently lack a central system for securities lending. Contrary to the current set-up —— which fails to meet the needs of investors, in TASE’s view — the new blockchain-based system will concentrate all securities lending activities under one roof and enable direct borrowing among investors across a range of major financial instruments. Tried…

Decentralized Exchange Bancor Officially Launches Upgraded V2 Platform

The Bancor project has launched a heavily upgraded version of its decentralized exchange, promising to solve what it calls “DeFi’s dirty little secret.” According to a blog post released on Friday, the contracts have been deployed to mainnet in a beta launch mode. Each pool will have its liquidity capped to $1 million until a “pool manager” permanently removes the limitation when it is confirmed safe. As Cryptox previously reported, the exchange mitigates the issue of impermanent loss, where liquidity providers could lose some of their money as prices for…

Positive Tale of Exchange for Newbies

Bityard.com is a Singapore-based platform that operates with the principle of “Complex Contracts Simple Trade”. Bityard is poised to change the world’s view that digital asset trading can be simple and profitable. The massive growth of the cryptocurrency ecosystem has recorded in the past decade has featured not only the rise of cryptocurrencies but also of cryptocurrency exchanges. Of the numerous cryptocurrency exchanges around the world, and the over 100 cryptocurrency exchanges listed on CoinMarketCap, a new investor may wander off the site that provides a safe, easy, and fast…