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Pressure Piles Up on BitMEX as Recent Outage Exposes Network Holes
Once branded a “Bitcoin casino," BitMEX has plunged into a series of crises over the last few years. The crypto exchange found itself trending on Twitter in the US recently because of the recent shutdown. BitMEX announced that its trading engine went offline for over an hour because of an incident, which the exchange identified as a “major outage."After some investigation, the exchange later announced that that platform restored its online operations. Such outage of BitMEX’s trading engine is the latest in a series of negative circumstances facing the exchange. Currently, as Bitcoin price hits $10,000, the major outage has prompted warnings that the exchange is becoming increasingly unreliable. The outage left customers unable to access their funds.
Facebook, Google, Twitter Face $600 Million Class Action Lawsuit Over Cryptocurrency Ad Ban
The trio of Facebook, Google and Twitter have been slammed by a $600 million class-action lawsuit by a group of companies and individuals backed by Sydney based JPB Liberty
Already Driving Real-World Crypto Usage, Gleec Team Launches New Exchange
The global crypto ecosystem only expands as users realize the real-world applicability of digital assets and distributed ledger technology. Alone, the worldwide blockchain market size projects to grow to $23.3 billion by 2023 hinged on an 80.2% compound annual growth rate. Market size totaled $1.2 billion in 2018.
What is Ethereum Founder Vitalik Buterin’s Net Worth?
Ethereum founder Vitalik Buterin’s net worth must be growing as the eth price continues to surge gaining more than 7% in the last 24 hours.
Accenture Partners with R3 and SAP to Improve Settlement Systems by Using Blockchain
Consultancy firm Accenture has partnered with blockchain technology firm R3 and multinational software firm SAP to produce a prototype that uses distributed ledger technology to allow real-time gross settlements.
Bitcoin’s Bounce Back to $40,000 in Jeopardy as Grayscale Investments Slacken
Leading American bank JPMorgan Chase & Co. believes that a bounce back to the $40,000 level has been jeopardized as Bitcoin investments by Grayscale are drying up.
Gemini's Winklevoss Twins Willing to Dive into Facebook's Libra Project
Winklevoss twins, the Gemini Founders have made a revelation about a possible partnership with Facebook on the Libra Project.
Second Bitcoin Whale Spotted Holding At Least 100,000 BTC Worth $2.8 Billion
For the first time since June 24th 2020, Bitcoin has a 2nd whale address with 100k+ BTC tokens held, according to on-chain data provider Santiment.
Cardano’s Project Catalyst Voting App Now Available on Google Play Store
Cardano’s Project Catalyst voting app has now been published on the Google Play store. This marks a huge step for the Cardano network.
Bakkt Announces the Promotion of the Company’s Former Chief Product Officer to CEO
Having previously worked in Google and PayPal, Mike Blandina is to leave his position as Chief product officer of Bakkt, for his new role as CEO. The chairman of ICE has expressed strong confidence in his ability to steer the company to excellence.
Google Cloud Joins EOS Blockchain Network as a Block Producer Candidate
Google Cloud will join the EOS community and has begun the process of becoming a block producer candidate for Block.one’s EOS public blockchain network.
