BitMEx

BitMEX researched on Bitcoin Lightning Closure and found out that more than 60k non-cooperative channels got dissolved. Seventy-two percent were public channels, while twenty-eight percent were private channels. Instead of considering channel count-based metric, the research perceived the numbers closed as per the value of Bitcoin. The amount of Bitcoin used by the non-cooperative channels amounted to 1070. The public channels used 993 Bitcoins, while the private channels used 131 Bitcoins. When the value count gets considered, the research data…

Progressively, Bitcoin and altcoins are slowly garnering attention from more crypto investors worldwide. Is it because cryptocurrencies have proven themselves to be a haven? Maybe people have started to appreciate the perks of blockchain technology, which is against the government's inflationary strategies.  In that rationale, since cryptocurrency first appeared, many exchange platforms have sprung up to facilitate transfers of digital tokens. However, although they offer similar services, crypto exchanges differ in terms of the level of privacy and security they…

Following recent research and analysis, the use of Segregated Witnesses (“SegWit”) has immensely increased in light of Bitcoin transactions conducted. This is all based on the reviews by various sources that are inclusive of SegWit.Space, stating an increase in the adoption of the protocol, which ranges up to 66% of Bitcoin transactions. Also, the records show that towards late last year, there was a significant upsurge ranging from about 40% in September to a steady yet close 60% in October. …

BitMEX is among the leading crypto exchanges in daily trading volume. Nonetheless, the amount of Bitcoin on the exchange is 0.18% of the coins in circulation. On the 26th of December, James Lopp tweeted about the exchange’s dedicated insurance fund’s upsurge by 62% this year. The exchange’s insurance fund’s historical records show that it was 20,776 Bitcoin on the 1st of January and 33 449 on the 26th of December. As of the time of writing, the value is close…

The launch of Initial Exchange Offerings, IEOs, occurred in 2019. Nevertheless, incriminating new statistics show that IEO investors lost a maximum of 98% of their money. On the 23rd of December, the latest report on twelve leading IEOs by BitMEX Research got launched in 2019. Eleven of these IEOs are currently worthless compared to the price at which they first traded on exchanges. BitMEX Research maintained that their performance since the time they launched is always low. Nearly all the…