As defined by Investopedia, liquidity “describes the degree to which an asset or security can be quickly bought or sold in the market without affecting the asset’s price.” Hence, liquidity is one of the most essential qualities that traders and investors usually look for in modern crypto exchanges. The liquidity of a given currency on
Nowadays hundreds of crypto exchanges are offering their services to users worldwide but very few assure smooth, fair and safe trading experiences. The struggle to acquire new users in the extremely competitive industry during the current bear market induces many exchanges to sugarcoat their liquidity with fake trading activity. Furthermore, in the rush for profit,
CODEX, a licensed cryptocurrency and digital asset exchange based in Estonia, partners with HackenProof bug bounty platform. As a part of our broad and ongoing partnership, CODEX decided to start a public bug bounty program on HackenProof. Previously, CODEX went through web penetration testing by Hacken and appeared to get the highest web platform security
Multi-million and billion dollar daily trade volumes fueled the confidence of the community in the inevitable prosperity and bright future for the crypto economy. Unfortunately, we were wrong… 10 years ago, Bitcoin changed the world, becoming the first cryptocurrency to carry out fast, secure and cheap peer to peer transactions without intermediaries and across borders.
We frequently notice some exchanges coming from nowhere and reaching the top of the CMC rating almost immediately after their appearance. A striking illustration of such a situation is the Bitinka ‘success’ case (see Fig. 1)By reporting huge daily trading volumes, these exchanges easily and rapidly become first in line ahead of well-known crypto exchange
“The Exchange Suffered A Security Breach” is a statement that makes the heart beat faster. There has never been a day when this phrase brought positive connotations because it always means hacks, data leakage, and the considerable loss of money. On January 15, 2018, such a phrase was published on Cryptopia, a New Zealand crypto
The previous month has been remarkably successful and extremely important for the CER team and the CER project as a whole. We are pleased to inform you of what has been achieved in terms of the platform and business development, as well as our recent investigations on exchanges. We have conducted several interesting investigations that
It isn’t surprising that today, apart from the widely applied trade volume manipulations and an absence of transparency in crypto exchange operations, the cybersecurity is also the issue of the paramount importance (Learn more here). In March 2014, Poloniex lost $64,000; in August 2016, $77 million was stolen from Bitfinex; in half a year, Bithumb
What is the worst issue in the crypto industry? Is it trade volume manipulations, security issues, exit scams, or maybe fake community cases? These and a number of other problems shatter the confidence of young crypto investors as well as that of capital owners in the traditional financial world. As a result, these practices negatively
