An “outlier” value resulted in BTC/USD temporarily hitting $1,700 less than the market rate, during which traders lost money. Cryptocurrency futures and options exchange Deribit says it will use its own money to refund users affected by an exchange rate miscalculation. In a tweet on Nov. 1, Deribit recognized its role in the error, which…
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Bitcoin and crypto derivatives exchange BitMEX is implementing major changes to the weights of its price indices later this month. Crypto derivatives exchange BitMEX is implementing major changes to the weights of its indices later this month, according to an announcement published today, Nov. 1. The exchange says the update is a bid to ensure…
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Many believe that China’s digital fiat will arrive soon, but South Korea, one of the Middle Kingdom’s closest neighbors, has all but ruled out issuing its own digital token – and states that digital fiats are still a way off. In the private sector, though, the pace of banking innovation just continues to intensify. The…
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In the past few sessions, bitcoin mostly traded in a range above the USD 9,000 support levels. BTC/USD made a couple of attempts to start a fresh increase above the USD 9,300 and USD 9,400 resistance levels, but it failed to continue higher. Likewise, many major altcoins struggled to resume uptrend and either corrected further…
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A Dubai-based Canadian expat has been arrested for peddling an allegedly fraudulent “Sharia-compliant” cryptocurrency and a host of other get-rich-quick schemes. A Dubai-based Canadian expat has been arrested for peddling an allegedly fraudulent “Sharia-compliant” cryptocurrency and a host of other get-rich-quick schemes. As Gulf News reported on Oct. 30, Aziz “Com” Mirza had cultivated for…
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The rejection of the Winklevoss twins’ Bitcoin exchange-traded fund in 2017 ushered in both new attention from investors and new volatility, data suggests. Bitcoin (BTC) changed its volatility characteristics as Cameron and Tyler Winklevoss unveiled the first Bitcoin exchange-traded fund (ETF), new data claims. Uploaded to social media by well-known statistician Willy Woo on Nov.…
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Crypto derivatives exchange BitMEX has accidentally leaked user emails by forgetting to use blind copy (b/cc) on a mass email. Crypto derivatives exchange BitMEX has accidentally leaked user emails by forgetting to use blind copy (bcc) on a mass email. The incident was acknowledged by BitMEX in an official statement published today, Nov. 1. Cointelegraph’s…
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Possibly, due to somebody’s negligence, cryptocurrency exchange BitMEX allegedly suffered a data breach. Meanwhile, another trading platform, Deribit had a malfunction that cost the company at least USD 1.3 million. It has just been revealed via Twitter that somebody from BitMEX sent out a mass email about an update to the indices, but instead of…
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The price of Bitcoin is holding above the $9,100 price mark as the market is mostly trading sideways today. Thursday Oct. 31 — Cryptocurrency markets are largely trading sideways with most changes among the top-20 coins not exceeding 1% on the day. Cryptocurrency market daily overview. Source: Coin360 Bitcoin (BTC) has been trading sideways for the…
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SBI Securities’ trading revenue surged 19% in 2019 due to the inclusion of SBI VC Trade crypto affiliate in July, SBI Holdings says. SBI Securities’ trading revenue surged 19.2% in 2019, largely due to the inclusion of the company’s crypto investment wing, which turned a $7.1 million loss into a $30 million profit over the…
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