The market for crypto-trading platforms is changing at an incredible speed. Regulators' pressure, changes in the regulatory environment, cyber-attacks, Bitcoin rate fluctuation, unscrupulous attempts to wind up trading volume to attract ICO, and now IEO-projects, all these contribute to changes in the balance of power in the crypto market.
The US president crashed on cryptocurrencies and criticized Facebook's crypto project Libra. US dollar is the most powerful currency in the workd, believes Donald Trump.
Binance, one of the largest cryptocurrency exchanges in the world, announced the launch of margin trading. The leverage does not exceed x3.
The crypto custodial service Anchorage completed the latest financing round, managing to raise $40 million from a group of companies, including Visa and Blockchain Capital.
On 12 July the digital asset exchange Coineal and the trading platform Sessia will have a joint video - conference in the Ask Me Anything (AMA) format in the official account of Coineal on Facebook, which will start at 7.00 UTC.
Facebook's plans to launch Libra force China to accelerate work on its own cryptocurrency, said the representative of the People's Bank of China.
The trading platform created by the People's Bank of China and based on the blockchain technology processed transactions worth more than 30 billion yuan ($4.36 billion).
Cryptocurrency exchanges forge data on trading volume. A group of researchers studied the practices used by unscrupulous trading platforms.
Not all blockchain projects survived the long crypto-winter. Only a few managed to overcome financial difficulties and continue development. EncryptoTel startup is among them, and they develop a telecom platform with advanced cryptographic protection methods.
David Marcus, the head of Facebook's blockchain division, published a column where he responded to the claims regarding the decentralization of Libra and regulators' fears.
All currencies are based on trust. This is what distinguishes them from Facebook's stablecoin. Only a fool would trust Libra, the Nobel laureate believes.
With bitcoin overtopping $10,000, the demand for mining equipment in China has increased drastically. Used mining rigs jumped twice in price.
The bitcoin futures market is growing, and the US-based BitMEX apparently became the leader in this area. Within the last year, it increased its trading volume to more than $1 trillion.
More than 246,000 users of Bitsane, apparently, fell victims of large exit-scam. The exchange stopped working and stopped responding to user requests.
The risk of easing, apparently, was one of the triggers for the recent bitcoin growth, suggests Deutsche Bank executive. In his opinion, the policy of central banks is too aggressive, and investors are moving to alternative currencies.
Law enforcement agencies in the UK and Netherlands arrested a group of six cybercriminals who are suspected of stealing bitcoins worth €24 million. There is one woman among them.