The Bitcoin futures market has exploded like no one could have expected over the recent years, and it continues to grow. This summer, BitMEX hit a new record for BTC futures trading at over $16 billion.CME recently petitioned the CFTC to double its BTC futures trading capacity in the face of soaring interest. Binance had recently entered the space, and Bakkt has launched with its physically delivered BTC futures product (albeit somewhat tepidly).In the light of so much action among the margin...
Read More »Bybit CEO: Leaking Clients Data Is A Huge Deal, Especially In Crypto (Exclusive Interview)
The cryptocurrency market has been rather interesting to monitor over the past few months, in the eyes of the typical crypto trader. There’s been a lot of action around the price of Bitcoin, crypto regulations, security, and even institutional interest.Amid all this, Cryptopotato had the chance to do an exclusive interview with Ben Zhou, the CEO of Bybit exchange. Recently hitting the 4 billion USD mark in daily traded volume, the exchange is quickly catching up to speed. It has managed to...
Read More »The Writing Was On The Wall? Yesterday’s Cash Inflow To BitMEX Could Predict The Bitcoin Drop
Bitcoin’s price finally made a move yesterday, losing around $800 of its value at one point. This came after a few days of consolidation and sideways trading, but could have it been expected? Interestingly enough, BitMEX, the most popular Bitcoin margin trading exchange, recorded an inflow of $28 million worth of BTC in the last 24 hours.BitMEX BTC InflowBitMEX, one of the most popular Bitcoin margin trading exchanges, has recorded a serious inflow of $28 million in the last 24 hours,...
Read More »Barely a Year In, Nasdaq-Powered DX.Exchange Is Shutting Down
Exactly nine months after opening its doors for business, DX.Exchange, a trading platform powered by Nasdaq, has thrown in the towel due to financial difficulties. Currently, the platform is looking for a buyer or better still a merger.The news was released via an announcement on Nov. 3, telling the world that the cost of operating the platform in the aspects of security, support and technology is too much to bear.Good Intention, Bad ExecutionThe original idea for DX.Exchange was to become a...
Read More »BitMEX Customer Email Data Exposed in Security Breach
How many times must it be said? If you’re going to run a cryptocurrency exchange, you must make sure that you’re using top-rated security measures to keep everyone safe. This is what BitMEX, based in Seychelles, Africa, is learning right about now.BitMEX Under FireBitMEX was compromised over the weekend, leading to all its customers’ email addresses being exposed. The good news is that this is one of the few instances of a crypto exchange being compromised where money is not taken. That much...
Read More »BitMEX Twitter ‘Hack’ Incites Ominous Warning: ‘Take Your Bitcoin & Run’
Following the mammoth BitMEX user data leak, the bitcoin exchange’s Twitter account was allegedly hacked. While under the perpetrator’s control, the account tweeted an ominous warning: “Take your BTC and run.” BitMEX withdrawals are currently disabled, at least for some users. Things have gone from bad to worse for BitMEX today as a mass leak of user emails has seemingly turned into a full-blown crisis for the world’s most significant bitcoin trading platform. As CCN reported, the...
Read More »Crypto Exchange Giant BitMEX Doxxes Thousands of Users’ Emails IDs
BitMEX leaks customers’ data with a simple mistake. The crypto community condemns the incident. BitMEX is among the world’s biggest crypto derivatives exchanges. Cryptocurrency exchange and derivates trading platform BitMEX is under fire after doxxing thousands of user email addresses. BitMEX’s Data Leak Today, a Twitter user with the handle @sakuraricebird shared several screenshots of official mass email coming from BitMEX. The images show the crypto derivates platform forgot to...
Read More »BitMEX Reveals Some Users’ Email IDs Making Amateurish Mistake
Cryptocurrency derivatives exchange BitMEX sent a mass email to its users on Friday with all of their email addresses in the “To” field. Usually, when you are sending a mass e-mail and you want to protect other users’ privacy, you put their e-mail addresses in the so-called blind carbon copy or BCC field. That’s how the other users’ e-mail addresses stay hidden from everybody else. This way, by not putting the names in the BCC field but in an amateurish manner dividing them by the comma,...
Read More »CoinGecko Launches Section for Crypto Derivatives with Futures Next in Line
Photo: CoinGecko / InstagramCoinGecko, a coin market ranking chart aggregator that provides a fundamental analysis of the crypto market, has announced it is preparing to roll out its own section for monitoring cryptocurrency derivatives. According to the company, its offering will be the first of its kind.Announcing: CoinGecko Derivatives! ??At a glance, you'll see aggregated data for the derivatives market including pricing, funding, open interest, volume and more!Currently covering over...
Read More »Bitcoin Price Lost $500 within Minutes to Settle Below $7,500
Photo: Tim Reckmann / FlickrBitcoin had experienced low volatility consolidation in recent weeks. However, the consolidation phase was ended abruptly with a violent drop of almost 10% on October 23 to fall near a 5-month low. At 12:50 UTC, the flagship cryptocurrency plunged by around $500 in 15 minutes to hit a low of $7,500.Bitcoin price reached the lowest level since June 10 as recorded by Bitstamp. After showing mild signs of an upward trend above $8,000, the leading digital token...
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