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New Segment: Random Spotlight on Token(s) soon.

We have heard you, our valued readers. Coming soon, we will have a new segment – spotlight on one token at random that is worthy of mention. Hegion will look at the business side of the coin (company), the team, the solutions they are adding and the potential of it. Kindly take note that these are NOT financial advice. Any coins mentions are NOT sponsored ads. All coins mentions are purely speculative and are our own opinion. Invest and use the information solely at your own risks. Further information will be released in due time. The post New Segment: Random…

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Congratulations to the #GameOnUltra trading competition winners!

Another day, another trading competition winner announcement on Bitfinex. The #GameOnUltra trading competition officially ended on 7th October 2020. We’ve seen many traders put their trading skills on the test and gave their best efforts to win up to US$10,000 worth of UOS.  As the competition ended, we’d like to thank all participants who have taken part in this exciting competition. According to the competition rules, we have selected the winners based on their trading volume on UOS pairs on Bitfinex during the competition period. Without further ado, here are the winners of the #GameOnUltra trading competition*: 1st – @coinhax…

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COVID Security: A Free Kraken Webinar w/ Nick Percoco – September 25 @ 14:00 UTC

As Kraken’s Chief Security Officer, Nick Percoco knows firsthand how to protect clients at one of the world’s largest cryptocurrency companies from cutting-edge cyber attacks. However, in the wake of the COVID-19 pandemic, it’s more important than ever that traders and investors take matters into… The post COVID Security: A Free Kraken Webinar w/ Nick Percoco – September 25 @ 14:00 UTC appeared first on Kraken Blog.

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Kraken Is Returning to Japan

  Kraken is excited to announce we will soon be reopening services in Japan, a move that’s part of a broader initiative to expand our industry-leading services into high-growth APAC markets. The announcement follows Kraken’s expansion into the rapidly growing Australian market with the acquisition… The post Kraken Is Returning to Japan appeared first on Kraken Blog.

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Kraken Wins Bank Charter Approval

We are thrilled to announce that the State of Wyoming has approved Kraken’s application to form the world’s first Special Purpose Depository Institution (SPDI), tentatively called Kraken Financial. Headquartered in Cheyenne, Wyoming, Kraken Financial is the first digital asset company in U.S. history to receive… The post Kraken Wins Bank Charter Approval appeared first on Kraken Blog.

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Kraken Futures Cuts Taker Fees Across the Board for All Traders

On October 2, Kraken Futures will reduce taker fees for all clients and move from a flat-fee model to volume-based fee tiers. We’re cutting taker fees by at least 33% FOR ALL CLIENTS (from 7.5bps to 5 bps). In addition to offering some of the… The post Kraken Futures Cuts Taker Fees Across the Board for All Traders appeared first on Kraken Blog.

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Introducing the pro rata token distribution model

Bitfinex Token Sales Inc. (BTS) offers plug and play technology solutions to simplify the token sale process. BTS is excited to introduce a new token distribution model that can help projects to cater to the high demand for tokens offered during a sale and ensure wider distribution. User-centric innovation In the past, token sales conducted using the BTS technology used the first come, first served token distribution model and were completed within seconds after launch due to the high demand. As a result, thousands of verified users were unable to successfully purchase tokens. Feedback from BTS users helped to shape…

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Bitfinex gives away 9.4M Nectar (NEC) for DeversiFi bounties & more

The world of cryptocurrency is very dynamic and ever-evolving. As one of the pioneers in the industry, Bitfinex is known as a major supporter of new developments that bring advancement to the crypto community and the entire industry at large. Taking a trip down memory lane, Bitfinex incubated Ethfinex, a community-driven exchange with a focus on developing decentralised technology as well as a platform for incentivised learning, trading and analysis of blockchain’s most innovative projects back in 2018.  When Ethfinex developed the Nectar token (NEC) to boost liquidity on the platform, Bitfinex was one of its early [and biggest] supporters.…

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Jeremy Welch Joins Kraken as VP of Product

We’re pleased to announce Jeremy Welch, co-founder of the popular Casa wallet service, is joining Kraken as our newest VP of Product. In addition to his expertise as a cryptocurrency entrepreneur, Jeremy brings to Kraken a decade of experience leading product development at both startups… The post Jeremy Welch Joins Kraken as VP of Product appeared first on Kraken Blog.

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The Secrets of Successful Crypto Traders: A Free Kraken Webinar w/ Nelson Minier – September 10 @ 13:00 UTC

Fast, furious, ever-changing. It’s not easy to find success as a trader in the 24/7 cryptocurrency market. Whatever experience you have, trust us, you’ve never seen anything like this before.  Still, it’s possible to not just survive – but thrive – in the crypto market.  That’s why… The post The Secrets of Successful Crypto Traders: A Free Kraken Webinar w/ Nelson Minier – September 10 @ 13:00 UTC appeared first on Kraken Blog.

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Congratulations to the Fetch It! Trading competition winners!

To celebrate the listing of Fetch.ai (FET) on Bitfinex, we launched the trading competition, Fetch It!, enabling our users to test their skills trading FET and claim prizes from a pool of 98,000 FET! And now that the Fetch It! competition is complete, we are happy to thank all the Fetch It! participants that have taken part in this exciting competition. According to the competition rules, we have selected the winners based on their trading volume on FET pairs. We know that you can’t wait to find out, so here they are: 1st – Coinhax_ 2nd – son_of_a_bitcoin_ 3rd –…

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reDOTnomination – How it affects you

Polkadot is an open-source network working on developing a scalable multi-chain network protocol that allows specialised blockchains to communicate with each other in a secure, trust-free environment. It’s the flagship project by the Swiss-based Web3 Foundation, whose goal is to facilitate a fully functional and user-friendly decentralised web. Polkadot aims to solve blockchain’s interoperability problem by facilitating the exchange of any kind of data across any type of blockchains in a trustless way; thus, making it easier than ever to create and connect decentralised applications, services, and institutions. Along the way, it’s also working to resolve commonly cited problems in…

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Introducing Catalyst Sales

We are excited to announce the launch of Catalyst Sales, the first formal plug-and-play technology solution to support secondary sales programs in the digital asset ecosystem from Bitfinex Token Sales Inc. (BTS).  Introduction Catalyst Sales are designed to bring high-quality token projects to BTS users while providing those projects a way to grow their community, expand their network and re-engage with their existing users. Token issuers can leverage the best in class BTS technology to run the token sale and distribute their tokens. Catalyst Sales give BTS users the opportunity to receive bonus tokens to encourage them to learn more…

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Kraken Adds 5 New Global Funding Options With Bank Frick

We are pleased to announce we have added five new funding options through an enhanced integration with Bank Frick, a trusted, family-owned financial institution. Available to our clients worldwide, the new funding options include international SWIFT deposits and withdrawals for USD, EUR, CAD, GBP and… The post Kraken Adds 5 New Global Funding Options With Bank Frick appeared first on Kraken Blog.

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Make Smaller Bitcoin Buys with Kraken’s New Updated Order Minimums

As part of our continued effort to make Kraken the world’s best place to trade crypto, we have adjusted minimum order sizes to better reflect asset prices. We believe these new minimum order sizes will accommodate investors and active traders who trade in small amounts,… The post Make Smaller Bitcoin Buys with Kraken’s New Updated Order Minimums appeared first on Kraken Blog.

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Kraken Introduces No-Fee USD Deposits with Signature and MVB Bank

Funding your Kraken account is now easier, faster and more cost-effective with our newest integration with Signature Bank. Announced today, clients who take advantage of this integration will receive free deposits on domestic and international USD wire transfers and pay only a low $4 fee… The post Kraken Introduces No-Fee USD Deposits with Signature and MVB Bank appeared first on Kraken Blog.

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How much can be achieved in six months? At Bitfinex, the answer is “ LOTS!”

“It’s not what you look at that matters; it’s what you see.” – Henry David Thoreau 2020 has been a challenging year for all of us. The world’s economy is spiralling downwards as governments struggle, industries shrink, and many businesses collapse due to the global pandemic and humanitarian crisis.  But, when people see the hole, we see the whole doughnut. What everyone sees as a debacle, Bitfinex sees as an opportunity. The chaos has challenged many people on what they’ve believed all along, which we see as the perfect opportunity to introduce them to the many possibilities of cryptocurrency.  Despite…

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Digital Wallet Leader Paysafe Chooses Kraken as Crypto Liquidity Provider

  We are excited to announce leading specialized payments platform Paysafe has become the latest enterprise to choose Kraken as a crypto asset liquidity provider.  The move comes in advance of Paysafe’s launch of its own crypto buy and sell services through its digital wallets… The post Digital Wallet Leader Paysafe Chooses Kraken as Crypto Liquidity Provider appeared first on Kraken Blog.

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Dazaar, how the internet should be – open, free and hyper scalable

With more than 4.6 billion internet users in the world as of May 2020 and around 2.5 quintillion bytes of information being produced daily, data is indeed changing the world we’re living in today. Most of this information is created on centralised platforms, such as search engines, social media and messaging apps, that rely heavily on central servers to keep and process incoming requests. On the other hand, the peer-to-peer (P2P) network offers a decentralised system without relying on a central server to save all the data. Each of the distributed nodes on the P2P network can store information; thus,…

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Bitfinex celebrates UNUS SED LEO first BURNday

As one of the longest-standing exchanges in the crypto industry, Bitfinex is guided by the innovation for progress value that motivates us to work relentlessly to build industry-first products and tools to bring the blockchain promise of freedom and scalability to fruition.  At the same time, we know that driving adoption is equally crucial, which we believe is best achieved through an independent fiat gateway that will increase the speed and ease by which fiat currencies can be exchanged for cryptocurrency in a legally compliant manner. With that in mind, Bitfinex developed the UNUS SED LEO token and released the…

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