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Pressure Piles Up on BitMEX as Recent Outage Exposes Network Holes

Pressure Piles Up on BitMEX as Recent Outage Exposes Network Holes

Once branded a “Bitcoin casino," BitMEX has plunged into a series of crises over the last few years. The crypto exchange found itself trending on Twitter in the US recently because of the recent shutdown. BitMEX announced that its trading engine went offline for over an hour because of an incident, which the exchange identified as a “major outage."After some investigation, the exchange later announced that that platform restored its online operations. Such outage of BitMEX’s trading engine is the latest in a series of negative circumstances facing the exchange. Currently, as Bitcoin price hits $10,000, the major outage has prompted warnings that the exchange is becoming increasingly unreliable. The outage left customers unable to access their funds.

Bitcoin and Cryptocurrency Websites Take a Hit as Security Giant Cloudflare Suffers Major Internet Outage

Bitcoin and Cryptocurrency Websites Take a Hit as Security Giant Cloudflare Suffers Major Internet Outage

Website security company Cloudflare underwent connectivity problems on Sunday, taking down a dozen of cryptocurrency websites with it.

Federal Reserve Bank Sees Nationwide Outage Days After Treasury Sec Says Bitcoin is "Extremely Inefficient"

Federal Reserve Bank Sees Nationwide Outage Days After Treasury Sec Says Bitcoin is "Extremely Inefficient"

The Federal Reserve Bank suffered a massive outage on its system, lending credence to the superiority of Bitcoin as a decentralized network.

May 11: If You Can't Handle Me at My Worst, then You Don't Deserve Me at My Best...

May 11: If You Can't Handle Me at My Worst, then You Don't Deserve Me at My Best...

What a volatile Sunday for Bitcoin as it plunged from $9,800 to $8,100 in a single hour, a very large outsized move for a weekend trading session that even Coinbase suffered an outage. There was no news/catalyst, instead I think it was a planned outsized sale that happened. A likely scenario is that a coordinated selling or take-profit via OTC and exchanges.

Bitcoin Futures Exchange BitMEX to Block Ontario Crypto Traders

Bitcoin Futures Exchange BitMEX to Block Ontario Crypto Traders

Cryptocurrency derivatives exchange BitMEX announced today that it planned on removing its trading platform services from a Canadian province.

PrimeXBT Review | Key Features Offered By Advanced Trading Platform

PrimeXBT Review | Key Features Offered By Advanced Trading Platform

Reviews of trading platforms are essential in assisting traders with selecting the proper platform for their unique trading style, taste in trading instruments, and features that stand out as must-haves. It can save traders a great deal of time and money, by weeding out the platforms that don’t deserve a deposit.

Cardano to be Integrated with Wolfram Alpha’s Technology to Build Advanced Smart Contracts

Cardano to be Integrated with Wolfram Alpha’s Technology to Build Advanced Smart Contracts

Cardano has recently announced that it will be integrating with Wolfram Alpha, the world’s largest answer computing engine.

Bitfinex: The Crisis Tested Liquid Exchange King for Bitcoin and Ethereum Trading

Bitfinex: The Crisis Tested Liquid Exchange King for Bitcoin and Ethereum Trading

During the March 12 stock market crash instigated by the coronavirus pandemic’s disruption to the world economy, cryptocurrency exchanges experienced a massive sell-off of Bitcoin and Ethereum. When the liquidation panic finally settled down, Bitfinex emerged as one of the few exchanges that had been able to take the extreme volatility in stride.

Strong Hands Have Been Pushing Bitcoin Price Steeply Upwards Since Q4 2020, says Crypto Analyst

Strong Hands Have Been Pushing Bitcoin Price Steeply Upwards Since Q4 2020, says Crypto Analyst

Popular market analyst Willy Woo has revealed that strong hands are the engine behind the current Bitcoin bull run because serious investors have been buying every dip.

Can Coinbase Run with the Crypto Bulls? Network Congestion Delays Bitcoin Withdrawals

Can Coinbase Run with the Crypto Bulls? Network Congestion Delays Bitcoin Withdrawals

Coinbase has again experienced technical difficulties during heavy crypto trading, this time announcing delays in BTC withdrawals. Can the exchange keep up with the bull run?

Sofi Launches Into Cryptocurrency Trading with Sofi Trading

Sofi Launches Into Cryptocurrency Trading with Sofi Trading

The existence and relevance of Bitcoin and other cryptocurrencies have stirred interest from different businesses across various sectors. This is accompanied by the launch of Sofi's exchange platform which offers to make the process of trading more seamless

TradeSanta Review: Automated Crypto Arbitrage Trading Tools

TradeSanta Review: Automated Crypto Arbitrage Trading Tools

TradeSanta is a cloud cryptocurrency trading software that can be connected to your exchange of choice to automate and execute your trading strategies.

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