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Coinbase CEO Gives His Thoughts On Quadriga Exchange

The scandal surrounding the QuadrigaCX exchange has caused quite a sir in the cryptocurrency community. Hundreds of millions of dollars worth of funds were lost and investigators are still trying to find out what exactly happened. As is usual with big hacks like these, speculation theories have surfaced on what could have happened. One of these theories comes from the CEO Coinbase Brian Armstrong who has given his opinions on the matter. In quite an extensive Twitter thread, Armstrong gave his thoughts on what the Coinbase team thinks happened with the Canadian exchange. Wanted to share a summary of what...

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The Detailed Guide To Understand Bitcoin Futures

  Including to commodities or equities, Futures contract is advance trading asset. As the Bitcoin getting more population, the Bitcoin futures has been launched to traders. As this trend has developed, Cyptocurrency Futures will get into the main trading product by the time goes by. Bexplus exchange provide advance Cryptocurrency futures product to cryptocurrency lovers. Bitcoin Futures. Different from the spot market, future market allows traders to trade the contracts which the both counterparties agree that the purchase of the underlying assets with stated price and date happens in the future. The price of Futures contract is usually base to...

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Binance DEX First Launch Goes Live

World leading cryptocurrency exchange Binance have today launched the first version of their new decentralised exchange (DEX), a project that has been in the works for a long time and thus has been met with a great deal of anticipation. Binance is the biggest cryptocurrency exchange in the world, therefore the launch of their DEX is exciting cryptocurrency investors across the globe. This could well be the first ever ‘mainstream’ decentralised exchange, in a bid that aims to make the blockchain space far more democratic. You can visit the exchange for yourself by heading to https://testnet.binance.org/, though you should note...

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Bitcoin Cash Support Added On Coinbase Wallet

Earlier this week, Coinbase announced that users of its wallet app can now directly store their Bitcoin Cash. the app update will be rolled out to all Android and iOS devices within the next few weeks. Both Cashaddr and legacy address formats are supported alongside Bitcoin Cash Testnet for developers. Coinbase is one of the biggest exchanges in the US and their noncustodial wallet app will now support Bitcoin Cash. The Product Lead at Coinbase, Siddharth Coelho-Prabhu said on Tuesday, “starting today, you can now store your bitcoin cash (BCH) directly in the Coinbase Wallet app.” Continuing on from this...

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The Reason Why Bitcoin Futures Is Hot?

  Since the depreciation of Bitcoin price, Bitcoin futures trading volume has been rapidly rising. Traders seem to find a way to earn back their loss form spot market. In addition, Bitcoin futures is a good method for investors to hedge against the unbelievable rising or falling in Bitcoin price at the past 2 years. “In the past 2 years, we realized the opportunity base to the sustained growth of daily volume,” said Mike Bush, the experienced traders from Bexplus exchange. “As the increase of the supply and demand, the volume of Bitcoin futures has been rising rapidly.” Compared to...

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