Bitcoin, Tether handler med 30% rabatt på OKEx når brukere flyr fra Exchange

Til tross for forsikringer fra kryptobørs OKEx, har brukerne begynt å frykte det verste.

Viktige takeaways

  • Uttak av kryptovaluta på den kinesiskbaserte OKEx-børsen har blitt suspendert i to uker.
  • Det rapporteres at det kinesiske politiet beordret suspensjon av uttak på børsen etter at det førte eieren Xu MingXing i varetekt.
  • Bitcoin og USDT handler med 30% rabatt på børsen ettersom kunder mister tilliten til plattformen.

Direkteoppdateringer fra OKEx om situasjonen med ventende uttak lyder: “midler forblir trygge og upåvirket” til tross for nesten to ukers suspendert handel. Eieren av kryptobørs Xu MingXing blir fortsatt holdt av det kinesiske politiet.

OKEx Exchange-eier under politietterforskning

Shanxi-politiet brakte eieren av den kinesiske kryptovaluta-utvekslingen, Xu MingXing, 16. oktober. Siden den gang har uttak blitt suspendert på OKEx.

Selv om Xus frykt angivelig ikke er relatert til utvekslingen, har det kinesiske politiet tvunget suspensjon av uttak for å etterforske saken. Hvis Xu ikke blir løslatt innen to uker, blir han arrestert, ifølge kinesisk lov.

Hvis ikke frigjøres i morgen, blir han formelt arrestert. Dette kan innebære ytterligere forsinkelser i gjenopptakelsen av uttak.

Lange forsinkelser i uttak er aldri et godt tegn. Flere forekomster fra fortiden, inkludert Bitfinex-hacket i 2016 og QuadrigaCX-forekomsten, ble alle innledet av lignende forsinkelser.

Videre har den nåværende OKEx-situasjonen en annen betydelig likhet med QuadrigaCX. I likhet med Quadrigas administrerende direktør, Gerald Cotton, er Xu MingXing angivelig eneste eier av børsens private nøkkel. OKEx har imidlertid nektet disse påstandene.

Bitcoin-saldoen på børsen alene er over 205 000 BTC, verdt 2,7 milliarder dollar. Figuren utgjør 1,1% av den totale sirkulerende forsyningen av Bitcoin. OKEx er den største futuresplattformen med et uoppgjort volum av futureskontrakter til en verdi av $ 1,02 milliarder.

Det eneste alternativet for OKEx-brukere er å selge kryptoen sin ved hjelp av børsens P2P-plattform for CNY, INR eller VND.

Etter hvert som forsinkelsen fortsetter, forlater brukere massevis av sentralen. Bitcoin og USDT selger med rabatt på OKEx til henholdsvis $ 10.000 og $ 0.75.

Hashratet på OKEx-gruvebassenget falt også betydelig omtrent samme tid som tilbaketrekningen.

Selv om børsen eller eieren ikke har noe alvorlig å bekymre seg for, gjør forsinkelsene selve kundene engstelige ettersom plattformen fortsetter å miste troverdighet.

HSBC Bangladesh exports 20,000 tonnes of oil using blockchain

HSBC Bangladesh Bank has made a major blockchain transaction to export oil to Singapore. This is the first time that a letter of credit has been used in Bangladesh to settle an international blockchain transaction of this magnitude.

HSBC Bangladesh uses blockchain for export

As The Daily Star reports , the export of oil was carried out with Bitcoin Up scam technology, in order to save time. Until then, the processing of a letter of credit took 5 to 10 days, this period is now reduced to less than 24 hours . The transaction was made with United Mymensingh Power Ltd, the recipient of these 20,000 tonnes of oil, which is located in Singapore.

For this, HSBC Bangladesh made use of the Contour distributed ledger platform, which uses Corda’s blockchain technology . The CEO of the bank, Md Mahbub ur Rahman, has also confirmed that the latter intends to continue to develop this technology:

“This shows our strong commitment and ability to support cross-border trade for Bangladesh businesses, using cutting edge technology platforms . ”

Improve deadlines for letters of credit

Letters of credit for oil imports are particularly time sensitive, which is why the use of blockchain can allow more flexibility for the companies involved . According to HSBC Bangladesh, the effects of using letters of credit with blockchain can be ” huge . ”

The choice of Corda is not by chance. The platform has shown its usefulness for the banking sector . Last July, we learned that 85% of Italian banks were using Corda’s blockchain for data exchange.

United Group Director Moinuddin Hasan Rashid confirmed that the blockchain will continue to be used for imports:

“We are very enthusiastic regarding the use of the blockchain technology for our importa t ions. We understand that we are heading into a digital age , and we are ready to scale our efforts to adapt to these changes. “

Safe and reliable? Why blockchain is not yet used for elections in the world

With American elections in check, blockchain is on the agenda for the security of the electoral system.

Safe and reliable? Why blockchain is not yet used for elections in the worldNOTÍCIAS

The controversies of the US elections – fake ballot boxes, coercion of opponents and threats from President Trump – rekindle the debate about the security of elections on paper ballots and the models of electronic elections around the world.

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Among the technologies that offer transparency and inviolability, blockchain stands out, being used successfully by thousands of companies worldwide in search of data security and accessibility. But why is blockchain not used globally in elections?

The first answer may be obvious: blockchain is a relatively young technology and there are no successful cases of its use in elections. Russia has held blockchain votes, as have smaller nations like Georgia.

The second response involves the resistance of populations to rely on a system of electronic and remote voting, especially after social networks have brought up conspiracy theories that put even successful experiences in check, such as Brazil.

In Brazil, the minister of the Supreme Electoral Court, Luís Roberto Barroso, opened a bidding process to seek a cheaper alternative to electronic voting, including considering tests with online votes, in an attempt to reduce abstentions. Sandro Vieira, coordinator of the “Elections of the Future” project at TSE, told BBC News Brasil:

“From a theoretical point of view, we have no doubt that the online model is cheaper and more efficient. Now we have to do the studies to see if, from a practical point of view, it is feasible, if we can avoid fraud, if we can ensure that the voter has respected his will at the time of the election”.

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There are countries that adopt online voting for citizens living abroad, such as Armenia, Australia, Canada, the United States, Mexico, New Zealand, Panama and Switzerland.

In Estonia, famous for adopting disruptive technologies, 44% of voters have used online voting for over a decade.

In 2018, the United States also began using the Voatz blockchain app in part of electoral jurisdictions, confirming the identity of voters with blockchain and encryption. At the end of the vote, a ‘receipt’ is issued to the citizen and electoral college to ensure authenticity in case a recount is needed.

The app, however, has been criticised by researchers at the Massachusetts Institute of Technology (MIT), who pointed to a number of vulnerabilities in the platform, including loopholes for hacker attacks. The company contested.

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Switzerland is also seeking to launch online voting from 2021 onwards, inaugurating what could be a trend to be adopted across Europe.

In Brazil, despite the skeptical position of President Jair Bolsonaro – who was elected by electronic vote – electronic ballot boxes have survived 23 years and 12 elections, without scandals or fraud. With the acceleration of blockchain adoption in state procedures, it is to be expected that the debate about blockchain in elections will also enter the agenda sooner or later.