#NewsFridayDigiFinex 2020 Week 18

 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

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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.

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