#NewsFridayDigiFinex 2020 Week 18

Crypto Exchanges

 April 31, 2020

  1. Shortage In Major Crypto Exchanges After a Morning Bloodbath for BTC Amidst Price Surge
  2. Bitcoin Whale Watch: 68,000 BTC Moved for The First Time After Five Years on HODL!
  3. NASDAQ Stock Exchange Now Using R3’s Blockchain Platform Corda
  4. Scammers Poses as Singapore’s Deputy Prime Minister Heng Swee Keat to Promote Bitcoin Scams on Facebook

Shortage In Major Crypto Exchanges After a Morning Bloodbath for BTC Amidst Price Surge

Photo by: Thought Catalog, Pexels

Bitcoin prices surpassed the 8k mark 3am Thursday midnight, during the morning the price surged passed 9k and fell safely at around the 9k range. Some of the major crypto exchanges like Bitbay, Kraken 

were facing an  unexpected severe shortage of cryptos. Coinbase on the other hand, made an announcement on Twitter and its website that users may be experiencing slower than normal response time and as it’s application programming interface was down. The exchange’s retail mobile app was also experiencing connectivity issues. 

Source: Financemagnates

Whale Watch: 68,000 Bitcoin Moved for The First Time After Five Years on HODL!

Photo by: Worldspectrum, Pexels 

CoinMetrics.io had reported a major crypto whale spotting on Tuesday via Twitter. A major Bitcoin holder had apparently moved 65,000 BTC after five years of hodl (since April 2015) to a private account. What could be the cause of this sudden movement?

The crypto media & advertising platform Cointelegraph held an interview with a group of traders to discuss possible causes of the crypto market crash which could possibly be linked to the ongoing Covid19. News from DigiFinex reported on how these events could easily affect both traditional and digital markets especially when facing huge bitcoin movements.

Source: DigiFinex Blog

NASDAQ Stock Exchange Now Using R3’s Blockchain Platform Corda

Photo by: ShutterStock, CoinDesk

R3’s blockchain platform, Corda is now in use by the Nasdaq Stock Exchange. Corda is being employed as part of Nasdaq’s technology ecosystem, in a bid to create “dynamic and trusted digital asset marketplaces”, says Johan Toll, Head of Digital Assets at Nasdaq. 

Blockchain’s ledger technology is being used as part of the Nasdaq Financial Framework which links several capital markets services such as matching engines, surveillance, data discovery and reporting services. 

Toll adds that this partnership with R3 and blockchain technology “plays an important role in Nasdaq’s development of solutions”. In September 2019, the exchange listed a new decentralized finance (DeFi) index, alongside traditional indices like S&P 500 and the Dow. 

Source: CoinDesk

Scammers Poses as Singapore’s Deputy Prime Minister Heng Swee Keat to Promote Bitcoin Scams on Facebook

Photo by: Today, File Photo

A fake news has been circulating on facebook using the name of Singapore’s Deputy Prime Minister Heng Swee Keat for a Crypto Scam promotion. At least 3 of these similar articles have been found being shared around the web. These fake reports have misled people into investing to get high returns, said the singapore police on Wednesday 29 April 2020.

The Deputy Prime Minister then immediately took the false news into his own social media account to confirm that these Facebook posts were fake. A scam that is being used to promote dubious investment schemes which are “definitely untrue” and “most certainly not endorsed” by him.

Source: Straitstimes Singapore

Our Current Events Happening Now:

We are Recruiting Futures Contract Brokers!

The BIG Bitcoin Halving Event is here!
Community Token Listing Round 12 project: Smart Net Yet(SNY)

New version of fund products launched, up to 100% annualization 

DigiFinex Sub-trading Derivatives Platform, Official Launch

Smart Net Yet(SNY) Launch

SAVEChain(SAVE) Launch

Margin Trading Competition

A1 Coin(A1) Launch

Who Are We?

DigiFinex is committed to fostering an open and flexible environment of opportunity and learning, we believe that our employees are our greatest assets and yes, we offer attractive remuneration as well as staff benefits! 

We are Hiring!

Are you passionate about the crypto community like us? Join our friendly team! 

We are currently hiring the following positions: 

1. Digital Marketing Associate 

2. Product Marketing Officer 

3. PR Associate 

4. Executive Assistant

5. Business Development Officer

6. Content Editor (Translation)

7. Crypto Research Analyst

8. Chief of Risk & Trading

If any of the positions above interest you, we warmly welcome you to send your CV to hr@digifinex.com.

You can share this post on

Reletad Post

What Is NFT Real Estate and How Is It Changing the Real Estate Industry?

NFT real estate is virtual property you can purchase on a metaverse platform. 

There are many use cases for NFT real estate but it is most commonly used as a space to socialize, work, and game.

The value of NFT real estate can be affected by its utility, project, and demand. 

Thanks to blockchain technology, the tokenization of real-world assets (such as real estate) has made the industry’s processes more efficient, transparent, and secure.

Arbitrum Project Introduction

From 2020 to now, many public blockchains such BSC, Solana, Polkadot, and Avalanche raced to take over ETH’s users and market. Their advantages on low gas fee and quick transaction time made ETH eager to release effective Layer2 program to expand the capacity. Since Arbitrum was released, its ecosystem grew up rapidly and already owned many mature and popular featured projects on different race tracks.

Polkadot, the King of Cross-chain Explained

What is Polkadot? Polkadot is a heterogeneous blockchain founded by Gavin Wood, former CTO of Ethereum, is an impeccable blockchain project that is perfect in every sense. Its founder, Gavin Wood, is the author of the Ethereum White Paper and the person who knows the defects of Ethereum at heart. Polkadot was founded with the idea to solve Ethereum’s shortcomings and replace it as the “King of the Public Chain”. Read to find out more!

Fil Mooned Right Away After I Sold It. Am I One of the Weak Hands?

“Fil mooned right away after I sold it. I am the weakest hand in the crypto world.” said one of my friend who has been trading cryptocurrency for many years. He is a user during the public sale and bought FIL at the price of $2. After the FIL is unlocked, he sells coins wildly every day. But even so, he still hates the slow process of unlocking, so he directly sold all the publicly purchased Fil at the price of dozens of dollars.

What is EIP-1559? How will it affect Everyday Users? Will it Pump Up ETH Price?

What is EIP-1559? How will it affect Everyday Users? Will it Pump Up ETH Price? The EIP-1559 we will be talking about in this article is an example of Ethereum improvement proposal. This proposal was first put forward in November 2018 by Eric Conner, an ETH developer. It aims to reform the GAS fee bidding system of ETH, so to reduce the cost for users to transfer money on ETH.

DigiFinex Apollo IEO Project HGOLD Token Sale Announcement & Sponsoring Michael Madsen’s Imprint Ceremony in Hollywood

5 rounds of HollyGold Limited Token Sale came to an end smoothly last Friday, Nov 13rd, 2020. Not only was it a successful token sale, its’ results were indicating a positive growth in the project HollyGold. HollyGold has also sponsored Michael Madsen at his celebratory imprint ceremony in Hollywood recently.

%d bloggers like this: