Difference between revisions of "Bittrex"
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== Compliance == | == Compliance == | ||
* Bittrex [https://home.treasury.gov/news/press-releases/jy1006 settled] with US Treasury OFAC for $25 million & FinCEN for $29 million (15-10-2022). | * Bittrex [https://twitter.com/richiela/status/1641879643497308161 announced] that it will be winding down its U.S. operations. Customers are advised to withdraw their funds by April 30, 2023, and trading will cease on April 14. | ||
*Bittrex [https://home.treasury.gov/news/press-releases/jy1006 settled] with US Treasury OFAC for $25 million & FinCEN for $29 million (15-10-2022). | |||
* [https://decrypt.co/111676/treasury-fines-bittrex-53-million-sanctions-violations From] [[Decrypt (DCPT)|Decrypt]] (12-10-2022): | * [https://decrypt.co/111676/treasury-fines-bittrex-53-million-sanctions-violations From] [[Decrypt (DCPT)|Decrypt]] (12-10-2022): | ||
Revision as of 03:32, 9 April 2023
Basics
- 0.25% fees
- Started in:
- Based in: American based exchange
History
Audits & Exploits
- Bug bounty program can be found [insert here].
Bugs/Exploits
Governance
Admin Keys
DAO
Treasury
Coin Distribution
Token
"Bittrex Global, Bittrex's Europe-based exchange partner, said Tuesday that it is launching an exchange token in June. On Tuesday, Bittrex Global announced in a tweet that it would list a "Bittrex Global Exchange Token," though additional details are pending at this time. In what might be characterized as a free-wheeling exchange with Twitter users replying to its announcement, Bittrex Global suggested that it couldn't launch the token due to regulatory concerns.
Token allocation
Utility
Token Details
Other Details
Tech
- Whitepaper or docs can be found [insert here].
- Code can be viewed [insert here].
Implementations
- Built on:
- Consensus mechanism:
- Algorithm:
- Virtual Machine:
- Development language:
====Transaction Details====*Capacity (TPS):
How it works
Fees
Upgrades
Staking
Validator Stats
Liquidity Mining
Scaling
Interoperability
Other Details
Compliance
- Bittrex announced that it will be winding down its U.S. operations. Customers are advised to withdraw their funds by April 30, 2023, and trading will cease on April 14.
- Bittrex settled with US Treasury OFAC for $25 million & FinCEN for $29 million (15-10-2022).
- From Decrypt (12-10-2022):
"The U.S. government has hit digital asset exchange Bittrex with fines of $53 million—the biggest fine on a crypto business by the Treasury Department to date, for “apparent violations” of multiple U.S. sanctions programs."
Oracle Method
Their Other Projects
Roadmap
- Can be found [Insert link here].
Usage
"Bittrex’s market share has been in steady decline for the last year, dropping from 3.5% early last year to around 1% currently."
Projects that use or built on it
Pros and Cons
Pros
Cons
Competition
Team, investors, Partners
Team
- Full team can be found [here].
Investors
Partners
Bittrex Global
Team, Partners
- Lai, Richie; founder
- Shihara, Bill; founder
- Phil Potter, the chief strategy officer at the Bitfinex cryptocurrency exchange, will be leaving the exchange and replaced on an interim basis by J.L. van der Velde, the company’s chief executive.
- Founding member of the Crypto Rating Council (9-2019).
