It has been fascinating to experience the DAO collapse and its impacts on the Ethereum blockchain and to see the way the community is reacting to potential forks. Now we’ve learned that the choice for the DAO is either hard fork… Continue Reading
Last summer, a new crypto currency exchange called Quoine was launched in Singapore. The exchange follows the model of exchanges such as Bitfinex whereby margin funding is provided by users. This system of margin funding creates a market for short… Continue Reading
In the “olden days” before the internet, casinos had to demonstrate their trustworthiness to players in order for players to have confidence they were being dealt a fair game. In places such as Nevada, the state also took on this… Continue Reading
Bitfinex, the largest bitcoin USD exchange went down last night due to problems at their datacenter. At least that is the explanation posted by Bitfinex. The exchange posts update on its https://bitfinex.statuspage.io page. This is the best place to exchange… Continue Reading
It has been another exciting day in digital currency markets. Today, a hacker attacked a vulnerability to the DAO, which is a decentralized autonomous organization that was initiated on the Ethereum blockchain. The DAO was worth about $150 million USD of… Continue Reading
http://www.marketwatch.com/story/digital-currency-ethereum-nose-dives-after-40-million-hack-2016-06-17 http://uk.businessinsider.com/dao-hacked-ethereum-crashing-in-value-tens-of-millions-allegedly-stolen-2016-6
As the digital currency financial system develops, a new type of investment is emerging: margin lending. Currency exchanges have created platforms for their users to take out margin loans in order to make leveraged currency trades and the margin funding itself… Continue Reading
I’ve been scratching my head and asking my friends in an effort to try figuring out how the vanilla options are priced on Coinut. I made a calculator in excel, but my numbers were always off compared to what the… Continue Reading
Chinese bitcoin traders should be familiar with the Huobi exchange. It is a mainland based digital currency exchange similar to other exchanges. With Bitfinex offering user generated leveraged trading, Huobi has created a Hong Kong based subsidiary called BitVC and… Continue Reading
Bitfinex recently paid the CFTC $75,000 USD related to a settlement between the US federal government agency and the digital currency exchange. A copy of the CFTC order can be found here. Bitfinex explains it this way: Today, the United States… Continue Reading
