Bitstamp, one of the largest Bitcoin exchanges, wants to attract more (and above all larger) investors in the future. In this context, the operators of the exchange have decided to use a technology in the future to make the processes on the exchange more transparent.
Bitcoin news: New system to bring in big money
Bitstamp now wants to confront these problems. To this end, Nejc Kodric, CEO of the Luxembourg-based Bitcoin news company, announced: https://www.geldplus.net/en/bitcoin-news-trader-review/ “We have committed ourselves to crypto in the long run. We want to ensure that market data is both genuine and transparent to help the industry grow.”
As you can see from the Twitter post, the blockchain company has joined forces with Irisium to do this. The company offers software solutions for monitoring trading activities. By using the software, Bitstamp should ultimately ensure that there is no market manipulation. In addition, Irisium says it has the ability to publish the analysis results. This enables regulatory authorities to check whether the Bitcoin Exchange is doing the right thing.
Questionable Bitcoin formula shapes are not uncommon
The Bitcoin formula universe continues to provide reliable reasons that deter institutional investors according to onlinebetrug. One remembers the probably most famous crypto scam around the still unsolved machinations of the stock exchange Mt.Gox. It gave the go-ahead for a series of questionable actions in the blockchain area. Bitfinex caused a sensation here recently. In this country, it is still the Causa Envion that cast a shadow over the security image of the scene.
One of the most promising Bitcoin bull narratives is that of institutional investors. They are supposed to flush the big money into the Bitcoin ecosystem. But according to the same narrative, one thing still holds them back: the lack of security. On the one hand, it is the Bitcoin exchanges that still do not radiate enough trustworthiness. Lack of security precautions and morally flexible personnel are certainly the biggest obstacles here. The other side is the lack of regulatory security. A lion’s share of government authorities still do not know how to treat the new financial technology Bitcoin and all its offspring.