Bitcoin price manipulation, money laundering and racketeering are just some of the complaints against BitMEX, but is there any merit to them? BitMEX, one of the most popular derivatives exchanges in the cryptocurrency market, has come under fire with accusations of being purposefully designed to facilitate “a myriad of illegal activities.” The accusations were made […]
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Trading giant BitMEX briefly went offline just three days after being hit with a massive lawsuit, citing a trading engine error. Major Bitcoin (BTC) derivatives exchange BitMEX went offline earlier on May 19, citing trading engine failure. The platform was inaccessible for a brief time, and is currently back online as of press time. “The […]
Continue ReadingPopular stock and cryptocurrency trading app Robinhood has surpassed its financing goals by raising $280 million Series F funding at an $8.3 billion valuation. Popular stock and cryptocurrency trading app Robinhood has surpassed its financing goals by raising $280 million in Series F funding at an $8.3 billion valuation. Publicly announced May 4, the Series […]
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Hackers have infected the infrastructure of Parkview Medical Center with ransomware that demands cryptocurrency in exchange for an encryption key. Hackers have infected the infrastructure of Parkview Medical Center — the largest health center in Pueblo County, Colorado — with cryptocurrency ransomware. Citing a hospital employee, Fox News reported on April 24 that Meditech — […]
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Robinhood reportedly saw record revenue growth amid the coronavirus pandemic, anonymous sources reveal. Popular stock and cryptocurrency trading app had a lot of problems in March, and is reportedly trying to make up for it with help from a new injection of cash. According to Bloomberg, Robinhood is in the process of raising $250 million […]
Continue ReadingHave users lost trust in BitMex since Black Thursday’s outage? Since Black Thursday, BitMex users have been withdrawing Bitcoins (BTC) from the exchange in droves. On March 13, BitMex held 306,814 Bitcoins (BTC), by April 9, this number had dropped to 222,025 — this represents a 38% decrease in Bitcoin holdings. Source: TokenAnalyst Although it […]
Continue ReadingBitcoin may not return to $10,000 soon, WHO launches blockchain platform to fight COVID-19, and more bad news for QuadrigaCX victims. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — […]
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A class-action complaint has been brought against the Robinhood stock and cryptocurrency trading app, following a series of outages earlier this month. Following a series of platform outages during historic price action earlier this month, Robinhood, a popular stock and cryptocurrency trading app, now faces another class action complaint. The lawsuit, filed March 25, was […]
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Estonian crypto exchange BitBay has now been offline for eighteen hours now, sparking concern among users. Estonia-based cryptocurrency BitBay has been offline for 18 hours now, citing problems caused by a third-party service provider. On March 26, BitBay tweeted that it was struggling with a “network problem” resulting from their “external service provider.” The exchange […]
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Trading app Robinhood is trying to win back the trust of users affected by catastrophic technical outages earlier in March. Crypto and trading app Robinhood has begun taking action to reconcile with users affected by technical problems that sidelined them during the biggest one-day point gain in the history of the Dow Jones Industrial Average. […]
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