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Today in Crypto: Cryptocurrency is ‘Inevitable’, Two Hacks, OKCoin Pauses USD Deposits, Beatport & Polkadot’s Music Platform, Alchemy Notify’s Custom Webhooks

March 13, 2023

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Cryptocurrency is ‘Inevitable’, Two Hacks, OKCoin Pauses USD Deposits, Beatport & Polkadot’s Music Platform, Alchemy Notify’s Custom Webhooks Read more »Sign up for e-EUR – the progressive stablecoin

Supply of Tokenized Bitcoin Dropped Significantly Since the Start of the Year

November 26, 2022

This year, the number of tokenized bitcoins hosted on alternative blockchains like Ethereum, has dropped a great deal. Last January the number of wrapped bitcoin (WBTC) issued on the Ethereum blockchain was around 266,880 WBTC and since then, the number has dropped by more than 15% down to 225,962 WBTC. Similarly, the quantity of tokenized…
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Dump Incoming? Rogue BTC-e Sends $165 Million In Bitcoin To Personal Wallets And Exchanges

November 24, 2022

After a year of near dormancy, Bitcoin funds of the rogue exchange BTC-e are on the move again. Chainalysis, an American blockchain analysis firm headquartered in New York City, is reporting that 10,000 BTC, worth about $165 million, have been transferred. The destination of the transactions are personal wallets, exchange deposit addresses and other services.…
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Why the battle for low or no transaction fees really matters

October 27, 2022

High transaction fees stand in the way of crypto achieving its full potential and being embraced by the masses — but it is possible to make transfers for free. During the frenzied bull run, transaction fees were running rampant. Over on the Ethereum blockchain, they hit eye-watering highs of $196.638 back in May — rendering…
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Upbit Operator Faces Scrutiny Over Affiliate’s 2020 USD 103M LUNA Sale

May 25, 2022

South Korean crypto exchanges are now in the firing line as the terra (LUNA) crash fallout continues to sow the seeds of chaos in the domestic crypto industry. Dunamu, the operator of the Upbit exchange, has denied reports that it dumped large sums of LUNA to avoid forthcoming price drops as “groundless” – but…
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Exchanges show initial support to Terra revival by listing new LUNA token

May 25, 2022

HitBTC plans to list Terra’s brand new token LUNA on May 27 as the suspended Terra Classic blockchain is expected to revive as Terra 2.0. Crypto trading platforms show initial signs of support for the revival of the collapsed Terra network by listing Terra’s brand new token, also named LUNA. The HitBTC exchange took to…
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XRP’s Market Price Gains on Upcoming Sologenic Airdrop, XRP Whales Start Moving Millions

December 21, 2021

The digital asset xrp has gained more than 10% in value during the last seven days, shrugging off the losses a majority of crypto coins experienced last week. According to data from Whale Alert, someone moved 449.3 million xrp on December 19. Moreover, xrp holders are expecting to receive an airdrop from a project called…
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Why low latency is important for cryptocurrency exchanges, explained

October 23, 2020

Low latency is essential for high-end cryptocurrency traders, but not all exchanges can offer it. We’ll explore why it’s important and where to find it. How is this changing cryptocurrency? Many believe that lower latency should make markets more efficient, but others worry HFT gives certain players too much of an edge. Lower latencies will…
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Many Blockchain Projects Are Uniquely Suited to COVID-19 Research, Here’s How

May 4, 2020

In the wake of the recent pandemic, here’s how many different blockchain projects are stepping up to donate resources in the hopes of finding a vaccine. As the world is still reeling from the effects of the coronavirus pandemic, people everywhere are doing what they can to support the effort to find vaccines and treatments.…
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Crypto Exchange Liquidity and Why It Matters, Explained

January 23, 2020

Exchange liquidity is affecting every trade you make. From slippage to technical analysis accuracy, understanding a trade’s liquidity environment is key to a successful strategy. What are risks and possible benefits associated with low liquidity? We’ve discussed at length the benefits of higher liquidity and some of the risks of low liquidity, but it’s worth…
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Category: HitBTC