Cryptocurrency Blog



  • Almost $1 Billion Stolen So Far This Year Via Cryptocurrency Hacks



    It’s no surprise that the cryptocurrency industry is growing, and so is the total amount hackers are going home with. The total amount roughly $927 million has been moved from legit hands to less legit hands and many of these hacks were preventable. Just one of the altcoin hacks made up more than half of that total amount stolen this year, at a cool crisp $530 million, from the Japanese exchange coincheck.

    The Roll Out Of Consistent Regulations

    With the lack of cryptocurrency regulations across the board, the ability to launder and pass through exploits gave much of the chances needed to acquire the almost $1 Billion stolen.

    Zaif a Japanese cryptocurrency exchange, is announcing a plan to compensate victims of a major hack last month, a result of new management of the exchange.

    The future will not be safer for users of altcoins, but on a united front, will become more difficult to operate exploits within.





TD Ameritrade backs new cryptocurrency exchange ErisX



The retail brokerage firm TD Ameritrade, announced it would be investing in a brand new cryptocurrency exchange named ErisX.

The exchange will allow investors to trade:

  • Bitcoin
  • Bitcoin Cash
  • Ethereum
  • Litecoin
  • Bitcoin Futures

The CFTC Hurdle and the road to Bitcoin futures trading

The Exchange is built by derivative market provider Eris Exchange and is also backed by DRW Holdings and Virtu Financial. It’s also further noted that the bitcoin futures contracts traded by the exchange, will be physically delivered not cash settled.

ErisX is currently in the process of applying a self-certification of it’s bitcoin futures contracts with the U.S. Commodity Futures Trading Commission ( CFTC ) and will clear it’s derivative products through a parent firm’s clearinghouse if and when it’s approved.

Should the CFTC approve ErisX, they will begin cash trading sometime from March – June of 2019 and will begin trading derivatives in the second half of the year.