How to find the best Bitcoin Trading Platform or Exchange

Exchanges are often in the news, either due to listing of new crypto / ICO token; customer service issues or loss of crypto due to hacking.     There have been numerous exchange hacks in the lifetime of Bitcoin with the most famous one being Tokyo based Mt.Gox where approximately 850,000 bitcoins belonging to customers and the company were missing and likely stolen from their hot wallet.  Hot wallets are connected to the internet and as a result, vulnerable to hacking. This was an amount valued at more than $450…

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Bitcoin in freefall after Binance hack

Bitcoin prices plunged today on speculation that major crypto exchange Binance has been hacked.     The exchange has denied being attacked but several users reported that their altcoin holdings were liquidated unexpectedly and without consent. There is speculation that Binance’s trading bot was at the heart of the issue, while others believe hackers may have orchestrated an attack on the Bitcoin exchange… Binance has halted trading and withdrawals. Full Story: – HACKED     Exchange hacks have plagued Bitcoin since inception, remember the Mt. Gox hack?   This constant…

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Stanford University’s Bitcoin Mafia

Bitcoin started a revolution that continues to change the financial world as we know it.  2013 was a rather interesting time for Bitcoin. Here are a few of the events that took place:-   Firstly, in February 2013 the bitcoin exchange Coinbase reported selling US$1 million worth of bitcoins in a single month – Bitcoin was around $22 at the time April 2013, payment processors BitInstant and Mt. Gox experienced processing delays due to insufficient capacity – a sure sign that demand for Bitcoin was increasing (Mt. Gox In a…

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Japanese Electronics Retail Giant Launches Bitcoin Payments

Bitcoin adoption in Japan seems to be forging ahead with major Japanese consumer electronics retailer Yamada Denki announcing that it has partnered with cryptocurrency exchange BitFlyer to add a bitcoin payments service in two of its stores.     The company said: “In addition to diversifying [our services], we will implement initiatives to improve bitcoin recognition and usage promotion.” The company indicated that they believe the acceptance of Bitcoin can provide improved service and convenience.   Full story – Click Here This is some good news from a country recently plagued…

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Bitcoin chaos in Japan as Coincheck freezes all Withdrawals

Japanese cryptocurrency exchange Coincheck announced on Friday, Jan. 26, that it is suspending all withdrawals after a Ripple payment worth $123mln left its wallet as well as a transaction of 500 million NEM (XEM) worth around $600 million at the time.   The sudden announcement sent a shockwave through the trading community and Cryptocurrencies slumped after one of Japan’s biggest Bitcoin venues halted client withdrawals in a country that’s still wary of crypto exchanges four years after the collapse of Mt. Gox.   No Explanation: Coincheck Inc., based in Tokyo,…

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CryptoBridge review – Trade EOT and Popular Altcoins

  CryptoBridge is a decentralized exchange (DEX) in the hands of BridgeCoin owners.  BridgeCoin is a scrypt-compatible coin that was created in July 2017 in order to finance the development of the decentralized exchange. You can start using the decentralized exchange now at https://wallet.crypto-bridge.org/     The difference between Centralized and Decentralized   With a centralized exchange, the exchange holds the private keys to your assets, and therefore you are at risk from anything that happens to the exchange. Look at what happened with Mt. Gox, for example, where it was…

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