BTC in Peril, Quadriga “Ponzi,” Coinbase Punished: Hodler’s Digest, June 8–14
The Bitcoin uptrend could be in peril, QuadrigaCX described as a “Ponzi scheme,” and Coinbase is punished for outages. Go to Source Powered by WPeMatico
Coinbase
Auto Added by WPeMatico
Nevermind Coinbase — Big Brother Is Already Watching Your Coins
Government surveillance may be more rampant in the crypto space than most users realize, says a source familiar with ongoing tactics. Go to Source Powered by WPeMatico
Coinbase Exploring Support for 18 New Digital Assets
Coinbase has announced the exchange is exploring support for 18 new digital assets including VeChain, Synthetix and DigiByte. Go to Source Powered by WPeMatico
Coinbase Unveils USDT Custody, Then Deletes Announcement
Coinbase’s institutional custody platform tweeted out a Tether (USDT) support unveiling, only to subsequently delete the tweet. Go to Source Powered by WPeMatico
MakerDAO Up By 30% After Vote For ‘Real-World’ Loan Collateral
MKR is up 30% in 24 hours following the MakerDAO community’s vote in favor of introducing tokenized “real-world” assets as collateral for Dai loans. Go to Source Powered by WPeMatico
Users Punish Coinbase for Outage by Withdrawing Record Amount of BTC
Coinbase experienced its highest single-day net BTC withdrawal in the wake of the outage incident, with even the author of “Black Swan” quitting the exchange. Go to Source Powered by WPeMatico
66% of Coinbase Users Willing to Leave the Exchange Due to Mounting Privacy Concerns
Two-thirds of people who use Coinbase are willing to leave the platform following reports that the U.S. exchange plans to sell user data to two government agencies for $250,000. Cryptocurrency trader and analyst John Rager carried out a poll on Twitter, asking his 73,000 followers: “Would you actually delete or stop using your Coinbase account?” … Read more
Coinbase Exchange Inaccessible Due to 5x Traffic Spike During Bitcoin Surge
According to Coinbase, the exchange’s autoscaling couldn’t keep up with a 5x traffic spike experienced during a Biyvoin price surge to $10,000. Go to Source Powered by WPeMatico
Safety Check: If Crypto Custodian Fails, Clients May Not Get a Full Payout
Crypto exchanges — not segregating blockchain addresses — could lead to ownership disputes in the event of insolvency, research says. Go to Source Powered by WPeMatico
Report: USDC Volume Collapsed in May Despite Market Recovery
As exchange volumes and the crypto market resumes growing by all measures in May 2020, the USDC stablecoin saw its Bitcoin trading volume plummet by 78%. Go to Source Powered by WPeMatico