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You might not have traded on Fcoin or Bitforex, but you’ve probably heard their names mentioned in crypto trading circles. These exchanges are at the forefront of a relatively new business model known as transaction fee – or trans-fee – mining. While innovative, the token model deployed by these platforms is not without its controversies. […]
The post Transaction Fee Mining Exchanges: Highly Popular, Highly Controversial appeared first on Bitcoin News.
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Among the interesting stories featured in today’s edition of Bitcoin in Brief are the new crypto tokens added by Pornhub, Fcoin founder’s defense of the controversial trans-fee mining practice and an update on the upcoming launch of Coinbase Pro. Also Read: Cryptocurrency to Fiat Transactions Remain High in the Philippines Bigwigs Talking Bitcoin vs Blockchain […]
The post The Daily: Pornhub Adds New Tokens, Fcoin Defends Trans-Fee, Coinbase Goes Pro appeared first on Bitcoin News.
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Some exchange operators have found a new trick to artificially pump up their trade volume. They are directly rewarding users with their own issued tokens for generating transactions, something critics call a backdoor ICO ripe for manipulation. Also Read: If You Can’t Beat Them, Join Them – Bitcoin Is Hiring Regulators Trading as Mining High […]
The post This New Trick Helps Exchanges Artificially Pump Up Their Trade Volume appeared first on Bitcoin News.
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