- BitMEX May Have Just Leaked All of Their Users’ Emails ;
- Binance to Open Beijing Office Amid China’s Renewed Blockchain Push ;
- Huobi Cloud to Offer White-Label Exchange Services in Middle East, Africa ;
- ‘Smart Money Came In’ After First Bitcoin ETF Rejection — Analyst ;
- Only 10 out of Top 50 Coins are in Green in 12 Months ;
- 🗞 Daily Crypto News, November, 1st 💰
- STEEM Trading Update
Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!
🗞 BitMEX May Have Just Leaked All of Their Users’ Emails
Crypto derivatives exchange BitMEX has accidentally leaked user emails by forgetting to use blind copy (bcc) on a mass email.
The incident was acknowledged by BitMEX in an official statement published today, Nov. 1. Cointelegraph’s editorial team in Japan have independently revealed that a staff member was the recipient of the BitMEx newsletter in question.
“Outrageously incompetent”
In a tweet posted on Nov. 1, crypto-focused lawyer Jake Chervinsky characterized BitMEX’s accidental public sharing of user email data as a simple error committed in the “outrageously incompetent way imaginable.”
Concerned community members have pointed out that the leak makes BitMEX account holders vulnerable targets to potential hackers, with the data serving as a “puzzle piece” for attackers.
🗞 Binance to Open Beijing Office Amid China’s Renewed Blockchain Push
Malta-based cryptocurrency exchange Binance is opening an office in Beijing, two sources with knowledge of the matter told CoinDesk. The new outpost will join Binance’s current mainland China office in Shanghai.
It’s not clear what exactly the office will do or when it will open, but the move follows a slew of announcements from Chinese authorities, including President Xi Jinping outlining China’s new blockchain ambitions.
Relations between Binance leadership and Chinese authorities appear to have warmed recently, with the exchange publishing a report on China’s plans for a digital fiat currency over the summer and Binance CEO Changpeng Zhao stating this week on Twitter that he believes the Chinese central bank is having a positive impact on the crypto industry. This comes just one year after China’s censorship firewall blocked access to the Binance website.
🗞 Huobi Cloud to Offer White-Label Exchange Services in Middle East, Africa
Huobi Cloud, part of the crypto exchange Huobi Group, has announced its plan to provide more local financial institutions with white-label exchange services based on cloud technology in the Middle East and Africa.
Existing institutions include the Nigeria-based SaBi exchange, with about $100,000 worth of daily crypto trading volume, and the South African exchange HIZA, which is expected to go live in the fourth quarter.
Mohit Davar, EMEA regional president of Huobi Group, described to CoinDesk how these institutions are looking to leverage an international platform’s security resources and deeper liquidity, otherwise difficult to recreate on their own.
🗞 ‘Smart Money Came In’ After First Bitcoin ETF Rejection — Analyst
Woo: “Smart money came in” after Winklevoss rejection
This, the time at which U.S. regulators rejected the Winklevoss’ ETF application, was nonetheless a watershed moment for Bitcoin.
“My thesis has always been that the 2017 Winklevoss ETF attempt was the first time in Bitcoin's history that it was described as a financial instrument instead of drug money,” Woo summarized.
He added:
“It was covered in the WSJ. Smart money came in, the rise of crypto quant funds.”
🗞Only 10 out of Top 50 Coins are in Green in 12 Months
With all the developments, ups and downs, crashes and rallies that the market has experienced over the course of the last year, it’s not surprising that there would be victims along the way. However, it’s interesting to notice that only 10 out of the top 50 coins by market capitalization are in green.
Indeed, the market has seen a number of things happening since this day last year, and it has reacted to most of it – not all, but most. There were sudden crashes and major jumps following each other, there were fake news, scams, lawsuits, regulatory distrust, more Faketoshi news, but also more adoption, partnerships, inability to ignore crypto, and development in the ecosystem. Yet, looking at the market now, only 24 coins from the top 100 are green in the past 12 months. From the top 50 coins by total market capitalization, only 10 have seen their prices appreciate. Out of those ten, only 3 are from the top 10 coins category. Importantly, the current results are still compared to the pre-crash period a year ago. If current prices do not change significantly in the first weeks of November, the yearly increase is going to be even larger.
🗞 Daily Crypto News, November, 1st 💰
- VeChain (VET)
BUIDLer Reunion Party in San Francisco from 8 - 11 PM.
- Auxilium (AUX)
"Next snapshot of ETX balances will be taken on 1st November 2019."
- Enjin Coin (ENJ)
"ICYMI: On Enjin Coin’s 2nd anniversary (November 1), Enjin MFTs will be bound to hodlers' blockchain addresses..."
- 3DCoin (3DC)
3DCoin weekly AMA on Telegram from 21:00-23:00 (UTC+04).
- uPlexa (UPX)
PoS/PoW split (Utility nodes ie. master nodes) - Upcoming Anonymity Network much like TOR - Privacy-based DApps - Reduced network fees.
STEEM Trading Update by my friend @cryptopassion
Last Updates
- 🗞 Daily Crypto News, October, 31st💰
- 🗞 Daily Crypto News, October, 30th💰
- 🗞 Daily Crypto News, October, 29th💰
- 🗞 Daily Crypto News, October, 28th💰
- 🗞 Daily Crypto News, October, 27th💰
- 🗞 Daily Crypto News, October, 26th💰
- 🗞 Daily Crypto News, October, 25th💰
- 🗞 Daily Crypto News, October, 24th💰
- 🗞 Daily Crypto News, October, 23rd💰
- 🗞 Daily Crypto News, October, 22nd💰
Join this new Free To Play on the STEEM Platform !
