In 2015, Bitstamp, a popular crypto exchange encountered a hack and incurred losses upwards of 19,000 BTC, a crypto-equivalent of USD 1 million! In 2016, another crypto exchange, Bitfinex, widely known for its multi-signature technology, suffered a hack which resulted in losses close to 120,000 BTC. More recently, CoinSecure exchange experienced a similar attack wherein the perpetrators managed to steal 438 BTC from the customer’s exchange-aligned wallets.
Do you know what is common between all these instances?
They all occurred on Centralized Exchanges (CEXs), an entity similar to a bank which serves as an intermediary for transactions, maintaining crypto balances and facilitating transfers through its one central unit.
While there’s a lot that deserves credit and applauding when speaking about CEXs, rampant instances of security breach have caused crypto traders to demand better of the ecosystem. More and more crypto transactors are flocking to the simpler ways of the decentralized exchanges (DEXs), even if it’s for small trades, for the sake of secure transactions, enhanced trust and a pure play peer-to-peer ecosystem where there’s very little room for failure as well as monetary loss.
Continue reading “5 Reasons Why Decentralized Exchanges are the Future of Crypto Trading”
Blockchain is not just another boring technology like, say, air-conditioning or electricity – depending on whether you live in south Florida or the eternal semi-darkness of Siberia, of course.
This new way of securing transactions through the miracle of a distributed database is actually poised to leap beyond the realm of cryptocurrency and make a dent in the day-to-day lives of Joe and Jane Average. Don’t believe us? Take a gander at the following 10 blockchain use cases you’ll likely encounter over the next decade.
Continue reading “10 Insights into the Future of Blockchain Use Cases”
Cryptocurrencies are invading the investor’s market with its secure transaction and business profitability. There are many investors who have made a fortune by investing in the right cryptocurrencies. They were able to generate profit by buying and selling cryptocurrencies at the right time when the price is right. Hence it is a great gift to comprehend the market status so that you can understand when to invest and sell the cryptocurrencies.
Continue reading “Top 10 Cryptocurrencies in the Market Based On Their Market Capital”
The year 2018 is almost halfway done and in that time it has brought a significant growth in the market of cryptocurrency. The market growth has been beneficial for many investors who invested in many prominent cryptocurrencies. But the growth of cryptocurrency market was short-lived and since May 2018, the market dropped nearly 18% and has been quivering since last week. The cryptocurrencies that were stable during this market fluctuation were Bitcoin and Ethereum.
Continue reading “Why Investing In Bitcoin And Ethereum Are Beneficial At This Time?”
White label products have long been a mainstay in the business world. White label solutions enable companies to use the technology and services of another company for offering services, under their own brand name, to their clients without having to invest in creating the technology and infrastructure themselves.
Continue reading “White Label Cryptocurrency Exchange as a Service”
Since the discovery of cryptocurrency, there has been the trend of investing in them. As the investors started making profits, more investors started investing in the cryptocurrency. Gradually the crypto-coin trading became a well-established business. Several rookies and veteran investors started with the best in the market, “The Bitcoin”. Even with massive success, investors made several mistakes along the way that affected their investment.
Continue reading “Must Know Tips for Crypto-Coin Trading”
The high volatility of the crypto market was once again demonstrated at the end of 2017. The market has gone through many ups and downs testing investors’ confidence in cryptocurrencies. Stellar proved to be a strong competitor to older and well-established cryptocurrencies and its development raises expectations among the crypto-community.
Although it is hard to make forecasts in such an unstable environment as the crypto market is, we offer you some plausible Stellar price predictions for 2018.
Continue reading “STELLAR Altcoin Price Predictions FOR 2018”
The cryptocurrency trading market was so robust in the past 2 years that simply putting money into an exchange was usually enough to ensure returns.
This popularity made crypto trading a household name, with everyone wanting to get a piece of the action. The result is a saturated market with countless strategies and currencies to choose from.
This is where Limitlex steps in: a smart, intuitive platform offering both beginners and experts the trading mechanisms they need to expand their portfolio like never before. 2018 is the year when Limitlex makes the crypto trading market smart.
Continue reading “Limitlex: Making the Crypto Market Smart”
Digital currencies give an allowance for the transferring crypto coins between several individuals on a connection that reduces the requirement for the third parties to get an involvement in the transaction.
Virtual Currency Payment Gateway
This is a decentralized platform for payment which enables the users for sending as well as receiving the payment in several Cryptocurrencies.
The objective behind creating such a platform helps in the enhancement of the payment procedure by minimizing the involvement of intermediaries. Also, it is intended to maximize the regular utilization of the crypto coins upon the daily basis.
Continue reading “How to Find Out the Best Crypto Payment Solution”
Numerous current examples exist where an initial coin offering or token crowdsale has been initiated with no real clear path toward true sustainability.
We are back to the dotcom days where simply including blockchain or cryptocurrency into a company’s name or business plan creates a illogical but euphoric sense of value in the eyes of the investing public.
Unfortunate as it may be, the reality of the amount of capital raised into token and coin offerings is not currently justified by standard business valuation techniques and practices. Such is froth.
Continue reading “ICOs & Token Crowdsales: The Importance of a Network Ecosystem”