A wallet associated with crypto exchange Bitforex (@bitforexcom) has resumed activity after a nine-month hiatus, recently transferring 150,000 $TRB (worth about $8.02 million) to OKX within the past hour. The wallet, which still holds 321,000 $TRB valued at approximately $19.64 million, originally accumulated a total of 471,390 $TRB over nine months ago, then valued at $54.18 million. A wallet linked to @bitforexcom is active again after 9 months. In the past hour, it deposited 150,000 $TRB ($8.02M) into #OKX. It still holds 321K $TRB ($19.64M). Initially, it received 471.39K $TRB over 9 months ago, valued at $54.18M then. Wallet:… https://t.co/K9ncoP3FeA
The post Bitforex-Linked Wallet Springs To Life With $8M TRB Transfer To OKX Amid User Concerns appeared first on The Merkle News.
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Digital asset platform Bitforex has announced that users will soon be able to withdraw their assets. However, all trading functions will remain suspended during this period. Additionally, the platform will cease all types of services and products and undergo a “comprehensive rectification.” Withdrawals to Be Directed to Designated Wallets Months after abruptly suspending withdrawals, digital […]
]]>A recent report by on-chain detective ZachXBT has shed light on concerning activity within the BitForex cryptocurrency exchange. Investors are growing increasingly apprehensive as questions arise regarding the exchange’s recent transactions and actions. According to ZachXBT’s findings, BitForex witnessed a significant $56.5 million withdrawal from its hot wallet on February 23. Surprisingly, withdrawal processing was abruptly halted, leaving users puzzled without any official communication or notice from the exchange. Seeing some suspicious activity with the crypto exchange @bitforexcom. On Feb 23 their hot wallets saw outflows of ~$56.5M. Shortly after this time withdrawals stopped processing with no official announcements having
The post Suspicious Activity Surrounds BitForex Cryptocurrency Exchange appeared first on The Merkle News.
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June 11, 2019 – As with the preceding project, BitForex Turbo’s MYO token sale concludes within minutes on opening. In mid-April, BitForex launched their first project on Turbo, a platform aimed at highlighting noteworthy blockchain projects for the community to participate in with a fair distribution system. Now, following the initial successes, BitForex Turbo sells out the first round of the Mycro MYO token sale in just over 13 minutes. Another round of this token sale will be starting on June 11th at 21:00 GMT+8, giving users an additional opportunity to secure tokens from this project at a competitive price.
The post Mycro’s MYO Token Sale on BitForex Turbo Sells Out appeared first on The Merkle Hash.
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Do you think event tickets are too expensive? This blockchain platform might have the answer — and it involves eliminating middlemen who drive up prices #SPONSORED
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OCTOBER 22, 2018 — LOS ANGELES — Xsolla, which provides game developers with a comprehensive suite of flexible tools and services to help launch, monetize and scale their games globally, today started accepting made-for-gaming cryptocurrency — MobileGO (MGO) — for its PC and mobile games partners.
For the first time ever, developers are able to receive royalty payouts in a cryptocurrency, MGO, on a sliding scale percentage of their choice. As more and more digital entrepreneurs move their savings and retirement investments to the blockchain, Xsolla is there to help its clients cash out in whatever currency is most convenient for them.
The post PR: Xsolla Adds MobileGO (MGO) as New Payment Method for Developers and Gamers Globally appeared first on Bitcoin News.
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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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Coinmarketcap (CMC), the web’s most popular cryptocurrency tracker website, has responded to accusations that it is implicit in supporting wash trading. This week, a platform called Crypto Exchange Ranks published detailed allegations of how CMC incentivizes exchanges to report fake volume. In a new blog post, Coinmarketcap has detailed its determination to support “transparency and […]
The post Coinmarketcap Responds to Accusations of Aiding Wash Trading appeared first on Bitcoin News.
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Bitforex, a cryptocurrency exchange that scarcely scraped the top 100 by trading volume until recently, has been accused of generating false trades on a mammoth scale. Crypto Exchange Ranks, which pulls in open source data from exchange APIs, has published a report in which it accuses Bitforex of creating fake volume and Coinmarketcap (CMC) of […]
The post How Coinmarketcap Incentivizes Exchanges to Report Fake Volume appeared first on Bitcoin News.
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