Blockchain Researchers Look to Overhaul Crypto Exchange Ranking Data

By CCN: ‘Reported volume’ is the default metric that people look for when determining the ranks of crypto exchanges. ‘Reported’ and ‘adjusted’ volumes wildly differ on sites like CoinMarketCap.com. For example, if you look at the image below, you’ll notice a wild difference in “reported” and “adjusted” volumes at press time. Ranking Exchanges Beyond Their “Volume” ViewBase, a “market insights and community” platform centered around cryptocurrency, recently published a report which details other ways we might rank exchanges. Rankings could be based on real facts, like how much crypto they…

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Crypto Exchange Launch Shows Riot Blockchain Still Clings to the Bitcoin Dream

Riot Blockchain, a former biotech firm turned bitcoin-mining company, expects to launch a regulated cryptocurrency exchange by the end of the second quarter of 2019, or June 30. The company is initially investing up to $250,000 to make this roll-out happen. Riot Blockchain made the revelations in a March 14 filing with the Securities and Exchange Commission. The company formed a subsidiary called RiotX Holdings to operate the exchange, which has partnered with software provider Shift Markets. Once the RiotX exchange goes live, its 2019 operational budget is expected to…

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5 Years Later, Mt. Gox Victims Still Want to Know: ‘Where’s our Bitcoin?’

It seems like just yesterday when Bitcoin investors were startled by the news that Mt. Gox, one of the world ’s first Bitcoin exchanges, was in serious trouble. Five years ago, on Feb. 24, 2014, reports began circulating that the Bitcoin exchange had lost three-quarters of a million bitcoins. One day later, the company – perhaps the closest thing to a single point of failure in the Bitcoin industry – announced that it was shutting down operations. I hope this isn't true, but I received report allegedly from Mt. Gox…

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Revealed: A Bitcoin Billionaire’s Shocking Plan to Revive Mt. Gox – Crypto’s Most Notorious Exchange

Brock Pierce wants to see balance in the world. He effects this vision in more ways than one. For starters, he says he “positively discriminates against people who need a hand up.” But more importantly, he’s currently in the process of discriminating against himself in the settlement of the Mt. Gox affair. You know, the origin of the term “Goxxed“? Gox Rising: An Equitable Resolution to the Mt. Gox Disaster? Through a project called Gox Rising, Pierce, who is arguably the only shareholder in Mt. Gox, is seeking to ensure…

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Avoiding QuadrigaCX’s $190 Million Disaster: How Do the World’s Largest Crypto Exchanges Store Funds?

Canada’s largest crypto exchange QuadrigaCX lost more than $190 million worth of user funds and is unable to reimburse its users. As CCN reported on February 1, the founder and CEO of QuadrigaCX passed away in India with sole control over the company’s cold wallets containing more than $150 million in cryptocurrencies like Bitcoin and Ethereum, and $40 million in cash stored with a third party. How do the world’s largest digital asset exchanges such as Binance and Coinbase store funds to avoid a tragic situation like QuadrigaCX? CEO Should…

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Coinbase is ‘Adding the Assets Our Customers Have Come to Demand’: Brian Armstrong

Coinbase probably had its best quarter so far, launching several products over the fourth quarter of 2018. The company which Lightspeed Venture Partner Semil Shah called  ‘The Breakout Company of 2017’ recently concluded its 12 Days of Coinbase which introduced features such as instant PayPal withdrawals, Coinbase Earn which is a modified version of Earn.com (Coinbase The post Coinbase is ‘Adding the Assets Our Customers Have Come to Demand’: Brian Armstrong appeared first on CCN

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Hackers Exploit Tracking Service to Infiltrate Bitcoin Exchange Gate.io

Statcounter is one of the oldest third-party user tracking services on the web, having existed since 1999. Beginning as a simple statistics and visitor counting service, Statcounter over time grew into what it is today: a full-fledged, enterprise-quality analytics service. Gate.io, a more recent entrant in the bitcoin exchange space, used Statcounter to track user The post Hackers Exploit Tracking Service to Infiltrate Bitcoin Exchange Gate.io appeared first on CCN

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Unocoin Founder: Comparing Bitcoin Kiosk to a Bank ATM Landed Us in Trouble

About a week since the seizure of what was to be the first Bitcoin ATM in India, one of the co-founders of the firm that installed the cryptocurrency vending machine, Unocoin, has speculated that the debacle could have been avoided with better branding. Speaking to Quartz India, the co-founder of Unocoin, Sathvik Vishwanath, has claimed The post Unocoin Founder: Comparing Bitcoin Kiosk to a Bank ATM Landed Us in Trouble appeared first on CCN

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