“We are going to refocus on liquidity, latencies and a vibrant derivatives community including BMEX Token trading,” BitMEX said in a statement shared with CoinDesk. “As an undesirable consequence, we had to make changes to our workforce. Our top priority is to make sure all employees who will be impacted have the support they require.” Source
Major cryptocurrency derivatives exchange Deribit has halted withdrawals after suffering a $28 million hot wallet hack. Deribit exchange got its hot wallet compromised before midnight UTC on Nov. 1, the firm reported on Twitter. The exchange emphasized that client funds are safe as losses are covered by Deribit’s reserves, stating: “Client assets, Fireblocks or any of the cold storage addresses are not affected. It’s company procedure to keep 99% of our user funds in cold storage to limit the impact of these type of events.” As part of the ongoing…
Cryptocurrency options and futures exchange Deribit has been hacked, with $28 million being drained from its hot wallet. Source
CryptoX – Cryptocurrency Analysis and News Portal Cryptocurrency options and futures exchange Deribit has been hacked, with $28 million being drained from its hot wallet. Original Source The post Crypto Exchange Deribit Loses $28M in Hot Wallet Hack appeared first on CryptoX. CryptoX Portal
Cryptocurrency exchange Coinbase has filed an amicus brief in support of Ripple Labs in the U.S. Securities and Exchange Commission (SEC) lawsuit over xrp. Coinbase’s support is seen as a significant step in the case given that the crypto exchange was among the first trading platforms to delist xrp following the SEC lawsuit. Coinbase Supports Ripple Against SEC The Nasdaq-listed cryptocurrency exchange Coinbase filed an amicus brief on Tuesday in support of Ripple Labs against the U.S. Securities and Exchange Commission (SEC). The regulator sued Ripple, its CEO Brad Garlinghouse,…
Trading volumes on the SIX Swiss Exchange, Europe’s third-largest stock exchange and top post-trade service provider, relapsed in October 2022. Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading, Fintech, Digital Assets, Blockchain, and Payments. Trading turnover on the exchange dropped 16.1% to CHF 79.3 billion, SIX Swiss Exchange disclosed in its key trading figures for October 2022 published on Tuesday. Similarly, the total number of trades performed on the exchange dropped -2.9% month-over-month (MoM) to 4,717,648. In September,…
Patrick Hillman, chief strategy officer at Binance, discusses the crypto exchange’s goals to help new boss Elon Musk fend off internet bots on Twitter and why the crypto exchange sees the potential for Web3 innovation following its $500 investment in the social media company. Source
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Investment shark Kevin O’Leary explains his current investment thesis on crypto and reveals some of the hottest projects he is betting on. 0:00 Intro 0:45 How did your transition from crypto skepticism to advocacy happen? 4:02 What is your current investment thesis on cryptocurrency? 5:44 How is your crypto portfolio structured? 8:07 What is your outlook on Bitcoin? 10:10 What could convince you to increase your crypto allocation to 20%? 12:38 Stablecoins or Bitcoin: Which is the best hedge against inflation? 14:00…
Tortola, British Virgin Islands Just over a year after the launch of the Polkadex mainnet, Polkadex Orderbook is now open for trading. The revolutionary orderbook-based DEX (decentralized exchange) is set to be a game changer for digital asset trading and DeFi. In the last few years, DEXs like Uniswap have changed the way in which cryptocurrency is traded by giving traders control over their own funds. However, the AMM (automated market maker) model popularized by such DEXs has been plagued with exorbitant transaction fees, price slippage, front-running, low interoperability and…
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