Mar 11, · HitBTC reportedly charged the project $, in listing fees to be paid in Bitcoin Core (BTC). The project also submitted its whitepaper which detailed the coin burn and gave the projected date. In January this year, BTCP notified its users that a coin burn would take place on February Update on upcoming HitBTC listing Many community members have been asking about the status of our HitBTC listing. As we have publicly mentioned in the past, originally BTCP was scheduled to be listed by end of March, Bitcoin private hitBTC is decentralized. atomic number 49 a one-year time span from December to December , Bitcoin went from $ to a staggering $20,! This means that anybody who invested $10, in Gregorian calendar month by Bitcoin private hitBTC, would get back a mind-numbing $, in exactly life.
Btcp hitbtc listingBitcoin Private Team Accuses Crypto Exchange HitBTC of Fraud After Delisting
This assures established procedures and workarounds to be in place should the same issue recur. Over the years our dedication to established financial industry practices has guarded us against losses. This a priori more time intensive approach by today has delivered an extremely resilient system, supporting the largest number of assets in the industry without the risks which many platforms may not be able to anticipate.
Since the beginning of , we have been able to bring the average support response time down to below the 12 hours mark. It has always been our core value that the only acceptable mean of expanding our market share is the constant perfection of our product. Apparently, not everyone shares this belief. We let them slide more often than not since we have always been focused on addressing real cases and foregoing the opportunity of entering into fruitless disputes on the anonymous Internet space.
To summarize, the combination of technological advancement and self-imposed communication isolation has repeatedly made HitBTC a target for various provocative statements, both genuine and motivated otherwise. The following recent articles are a vivid illustration of unfounded claims that were casted against HitBTC:. A widely quoted article , in its entirety, is based on only 2 AML cases.
Unfortunately, there is no clear indication of the nature of the second case that can be discerned from the article.
A simple block explorer or our public System Monitor would suffice for these purposes. This makes the statement in the article look like someone has been motivated to openly harm our reputation. Against the will of crypto anarchists and early crypto adopters, the crypto market is progressively becoming more like a regular financial market.
That makes it the subject to practices common to legacy financial institutions. Protection of market participants To provide some background: One of the main outcomes from The Great Depression was the establishment of a regulatory framework to protect the general public. As a result, markets became more transparent and protective for its participants which entirely corresponds with our values. The cryptocurrency space will go through a similar process.
We foresaw the trend of regulation as an essential factor enabling its mass adoption. Elimination of bad actors We respect and understand the inevitable trend of increasing regulation.
In our capacity as the largest spot crypto market, we are making extreme efforts to shield our users from bad actors. This coincides with our philosophy and we consider it to be the only way for the mass adoption of crypto to take hold. In fact, these allegations always fall in one of the following categories:. AML cases that indicate suspicious activity on a user account and require a manual check.
A Security Officer reaches out to the user and requests the necessary documents — a delay from either side during communication might prolong the verification process.
Bad actors using fake documents or counterfeit materials for verification purposes. Rarely, it happens that a person on the other side of a confirmation video call which is a part of our extended AML procedure , shows no signs of affiliation with the account.
Deposits to the wrong address. If a user accidentally deposits digital assets to the wrong address on HitBTC, we can usually rectify the situation. Naturally, it takes time. Victims of phishing. Even though we are always on the lookout for sites mimicking our interface for malicious purposes and initiate their shut down, some of them might escape our attention.
We do our best to increase the level of protection of customer accounts. In recent years we have implemented a number of additional security features, such as: one of the first-in-the-industry 2FA confirmations, whitelisted addresses for withdrawals and advanced market surveillance systems. Rare cases of account suspension due to a law enforcement request in which we are explicitly prohibited from informing the user in question about the matter.
Law enforcement requires us to freeze assets without explicit prohibition from informing the user in question. One of the recent public cases. They are an artifact of a large system — given the nature and quantity of assets we support, at any point in time, there are some of them that are down for maintenance. We have custodial SLAs that we are constantly improving, and we are confident that they are at the optimal level of security vs performance within the entire industry.
Shanghai Composite Index rose 0. Euro Stoxx 50 futures climbed 0. CurrenciesThe yen was at The offshore yuan traded at 6. The Bloomberg Dollar Spot Index was flat. CommoditiesWest Texas Intermediate crude rose 0. Gold slipped 0. For more articles like this, please visit us at bloomberg. The analyst raised the volume estimate to 5. The analyst said the market has chosen to discount the value of Tesla compared to peers despite a range of high outcomes.
It's hard to find a more innovative company, especially in the electric vehicle and autonomous vehicle markets said Jonas calling Tesla the best positioned. The stock was up 2. A new year, a new addition to the stock portfolio — what can make more sense than that?
The right time to buy, of course, is when stocks are priced at the bottom. But the markets are up. With a market environment like that, finding stocks that are caught in the doldrums is harder than it looks. That's where the Wall Street pros can lend a hand. Not to mention each has earned a Moderate or Strong Buy consensus rating. Esperion ESPR We will start with Esperion, a company that specializes in therapies for the treatment of elevated low-density lipoprotein cholesterol levels — a major factor contributing to heart disease.
Bempedoic acid remains in clinical trials of its efficacy in risk reduction for cardiovascular disease. The trial, called CLEAR Outcomes, is a large-scale, long-term study, tracking more than 14, patients with top-line data expected in the second half of The study covers 1, locations in 32 countries around the world. Esperion shares peaked last February, after the FDA approvals, but since then, the stock has declined.
The offering gives the company a boost in available capital for further work on its development pipeline and its marketing efforts for bempedoic acid. We believe this financing should help put to rest concerns regarding Esperion's balance sheet. This growth trajectory suggests potential for a rapid acceleration when conditions improve," Messer wrote. Intercept has a research pipeline based on FXR, a regulator of bile acid pathways in the hepatic system. The effect on the stock is still felt, and ICPT remains at its week low point.
In reaction, in December of , Intercept announced major changes in top-level management, as CEO and President Mark Pruzanski announced he's stepping down effective January 1 of this year. Pruzanski's dedication to transform the liver space is still strong, and that he will continue to guide ICPT's progress as an advisor and Board member.
By November, however, even though remdesivir had been approved, the World Health Organization WHO was recommending against its use, and the COVID vaccines now on the market have made remdesivir irrelevant to the pandemic. The company has been working, in conjunction with Galapagos GLPG , on development of filgotinib as a treatment for rheumatoid arthritis.