Category: Exchanges

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Users Punish Coinbase for Outage by Withdrawing Record Amount of BTC

Coinbase experienced its highest single-day net BTC withdrawal in the wake of the outage incident, with even the author of “Black Swan” quitting the exchange. Coinbase experienced the largest net outflow of Bitcoins (BTC) in ages in the wake of the recent service outage. Even Nassim Taleb has left the nest. Black Swan The June…
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Cryptocurrency News From Japan: May 31 – June 6 in Review

Two exchanges saw unauthorized access issues, Japan ranked second in 24-hour Bitcoin trading volume for May globally, and more headlined news from Japan this past week. This week’s headlines from Japan included Coincheck updating the public on a recent data leak, a blockchain tech outfit unveiling plans for a digital local currency, BitBank facing a…
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Bitflyer Donates Cheezy Pies to Shelters In Honor of BTC Pizza Day

Taking advantage of a memorable day in cryptocurrency history, BitFlyer decided to donate pizzas to folks in need. Bitcoin Pizza Day commemorates a historic event roughly 10 years ago, when coder Laszlo Hanyecz made the first commercial purchase using Bitcoin (BTC). In celebration of this well-loved community holiday, BitFlyer donated pizzas to a number of…
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Cryptocurrency News From Japan: May 3 – May 9 in Review

Multiple exchanges posted positive fiscal year end numbers, a self-regulatory agency listed crypto asset market price references, and more headlined news from Japan this past week This week’s headlines from Japan included Taotao exchange revealing positive first year numbers, the Japan Crypto Trading Association unveiling crypto asset market rates, Coincheck announcing recent positive fiscal year totals, and…
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Cryptocurrency News From Japan: April 26 – May 2 in Review

Several exchanges gained regulatory paperwork, VC Trade exchange announced a 1,700% spike in pre-tax fiscal year profit, and more headlined news from Japan this past week. This week’s headlines from Japan included Rakuten Wallet, GMO Coin and DMM crypto exchanges achieving regulatory registration, SBI Holdings’ VC Trade exchange announcing a 1,700% increase in fiscal year…
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Cryptocurrency News From Japan: April 19-25 in Review

FXCoin announced XRP remittance testing, one company began its security token initiative, and more headlined news from Japan this past week. This week’s headlines from Japan included Mitsui & Co. Digital Asset Management kicking off its security token project, Coincheck’s fiat exchange listing seven altcoins, FXCoin unveiling physical crypto trading and XRP remittance testing plans, and GMO…
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Stablecoin On-Chain Activity Grows 800% in a Year

The on-chain activity for stablecoins has increased 800% in the last 12 months. The on-chain activity for stablecoins has increased 800% in the last 12 months according to market intelligence firm TokenAnalyst. This growth is not surprising considering the overall growth of the stablecoin niche. The combined market cap for all stablecoins ranks third in…
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AtomicDEX CTO: Binance Is “A Ticking Time Bomb”

AtomicDEX CTO believes Binance is “a ticking time bomb” ready to blow up any moment. Kadan Stadelmann, CTO of the decentralized exchange AtomicDEX, believes it’s only a matter of  time before Binance (BNB) implodes. Vitalik’s dream fulfilled AtomicDEX is a decentralized exchange built on top of the Komodo (KMD) multi-chain platform. It claims to be…
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Uniswap V2 Offers Better Price Feeds and Doubles Down on Flash Loan Concept

Uniswap announced the planned release of the second major version of the platform, which will feature a better price feed oracle while introducing a variant of the flash loan. The Uniswap decentralized exchange announced on March 23 a planned release of its second major version, Uniswap V2. Among the major features, the new platform will…
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What Is a ‘Circuit Breaker’ and Why Do Exchanges Need Them?

Should crypto exchanges follow traditional exchanges and implement circuit breakers? Traditional exchanges have been using “circuit breakers” to curb panic selling, and it might be time for crypto exchanges to follow suit. Yesterday, March 9, trading on the New York Stock Exchange was suspended for 15 minutes. This was due to the S&P 500 Index…
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