Difference between revisions of "Bittrex"

Latest revision as of 03:50, 27 November 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

From The Block (5-5-2020)

"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):

Latency:

How it works

Fees

Upgrades

Staking

Validator Stats

Liquidity Mining

Scaling

Interoperability

Other Details

Compliance

Bittrex Global winding down (11-2023).
From Bitcoin.com (12-8-2023):

"Bittrex has agreed to settle charges with the U.S. Securities and Exchange Commission (SEC). Bittrex and Bittrex Global agreed to pay $24 million. The SEC’s director of enforcement alleged that for years, Bittrex worked with token issuers to “scrub” their online statements “to evade the federal securities laws.”"

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

From The Block (5-5-2020)

"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).

@@ Line 5: / Line 5: @@
 * 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 ==
 * [https://www.theblockcrypto.com/linked/64134/bittrex-global-says-it-will-launch-an-exchange-token-in-june From] [[The Block]] (5-5-2020)
@@ Line 12: / Line 20: @@
 === Utility ===
 === Token Details ===
-=== Stablecoin ===
+=== Other Details ===
 == Tech ==
-* [[Whitepaper]] can be found [insert here].
+*[[Whitepaper]] or docs can be found [insert here].
-* Code can be viewed [insert here].
+*Code can be viewed [insert here].
-* Programming language used:
+===Implementations===
-=== Transaction Details ===
+* Built on:
-* Capacity ([[TPS]]):
+*Consensus mechanism:
+*Algorithm:
+*[[Virtual Machine (VM)|Virtual Machine]]:
+*Development language:
+====Transaction Details====*Capacity ([[TPS]]):
 * [[Latency]]:
-=== [[Consensus]] Algorithm ===
+===How it works===
-=== Staking ===
+=== Fees===
-== Privacy Method being used ==
+===Upgrades===
-== Oracle Method being used ==
+===Staking===
+====Validator Stats====
+===Liquidity Mining===
+===Scaling===
+===Interoperability ===
+===Other Details===
+== Compliance ==
+* Bittrex Global [https://bittrexglobal.com/ winding down] (11-2023).
+* [https://news.bitcoin.com/crypto-exchange-bittrex-settles-with-sec-agrees-to-pay-24-million/ From] [[Bitcoin.com]] (12-8-2023):
+''"Bittrex has agreed to settle charges with the U.S. Securities and Exchange Commission (SEC). Bittrex and Bittrex Global agreed to pay $24 million. The SEC’s director of enforcement alleged that for years, Bittrex worked with token issuers to “scrub” their online statements “to evade the federal securities laws.”"''
+* 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):
+''"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 ==
-=== DEX ===
-== Governance ==
-=== DAO ===
-== Upgrades ==
 == Roadmap ==
 * Can be found [Insert link here].
-== Audits ==
-* [[Bug bounty]] program can be found [insert here].
-=== Bugs ===
 == Usage ==
 * [https://www.theblockcrypto.com/linked/64134/bittrex-global-says-it-will-launch-an-exchange-token-in-june From] [[The Block]] (5-5-2020)
@@ Line 43: / Line 66: @@
 === Cons ===
 == Competition ==
-== Coin Distribution ==
+== Team, investors, Partners ==
-== Team, investors, Partnerships, etc. ==
 === Team ===
 * Full team can be found [here].