Visits to Crypto Exchanges Dropped in April

Visits to Crypto Exchanges Dropped in April

According to data provided by web traffic tracking resource SimilarWeb, the number of visits to cryptocurrency exchange platforms registered a significant fall in April compared to March, The Block has reported.

Per the data, crypto exchanges received 99.9 million visits in April, a figure a 10.2% lower than the 111.2 million visits registered during the previous month.

The exchange that received more visits was Binance with around 23.2 million users, followed by Coinbase (21.7 million) and BitMEX (8 million).

According to the data, the remaining 52.9% went to Binance, Coinbase and BitMEX.

It looks like traders are staying away from trading platforms in anticipation of the Bitcoin halving. Even though the price of the reference crypto has risen in the long term after the two previous halvings, investors remain wary of such an event, which is probably the reason why visits to exchanges declined in the past month.

What will happen after the Bitcoin halving scheduled for tomorrow? Will there be an increase in the number of investors interested in cryptos? We will soon find out.

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Author: AP Photo Bolsters Security for Cryptocurrency Exchange with Sumo Logic Bolsters Security for Cryptocurrency Exchange with Sumo Logic

REDWOOD CITY, Calif., May 11, 2020 (GLOBE NEWSWIRE) — Sumo Logic, the leader in continuous intelligence, today announced that global cryptocurrency platform, (Liquid), has chosen Sumo Logic Cloud SIEM to provide real-time security intelligence and insights to bolster application security and compliance for its leading platform which processes more than one billion transactions a day. By leveraging Sumo Logic Cloud SIEM, Liquid is able to maintain full visibility of its global cryptocurrency exchange and detect any potential threats, while supporting a globally distributed team and multi-cloud technology stack.

Founded in 2014, Liquid provides trading, exchange and next-generation financial services powered by blockchain technology. With a mission to elevate cryptocurrency as a mainstream form of payment, the platform offers 180 different cryptocurrencies and powers 1.3 billion transactions daily through its platform. As a thoroughly modern organization, Liquid doesn’t operate any on-premise hardware or software. All of its technology is developed and deployed in the cloud through Amazon Web Services (AWS), Google Cloud Platform (GCP) and Heroku.

“Our platform receives more than a billion visitors each week from our website and mobile app,” said Michael Mullins, chief information security officer, Liquid. “While the vast majority of our traffic is legitimate, a significant percentage comes from cyber groups who are looking for opportunities to breach our platform. We needed to add real-time security intelligence to monitor and analyze our log data as part of our already robust security program to protect our operations and extensive application portfolio and that’s where Sumo Logic comes in.”

After an extensive evaluation, Liquid selected Sumo Logic’s Cloud SIEM solution because of its extensive integration capabilities, easy setup, competitive pricing and outstanding support. Today, various teams across Liquid leverage the continuous intelligence delivered by Sumo Logic to ensure transaction legitimacy and security. With Sumo Logic, Liquid is able to automate its data analytics and log monitoring processes to quickly identify, investigate and remediate fraudulent transactions and potential API vulnerabilities before it can be exploited. With the time and resources saved because of Sumo Logic, Liquid’s security team is now able to be more proactive in identifying potential threats.

“As we continue to operate in a very challenging environment, Sumo Logic provides us with critical information we need to defend our systems, data and customers,” said Mullins. “Cloud SIEM has become an essential part of our business and technology architecture that has enabled us to give our customers confidence as a highly secure regulated exchange.”

Built on Sumo Logic’s Continuous Intelligence Platform™, the Cloud SIEM and Cloud SIEM Enterprise solutions address the challenges facing today’s modern security operations center (SOC). Its cloud-native, multi-tenant, elastic scale approach helps break silos which hinder modern security workflows by enabling security, IT and DevOps teams to collaborate with common analytics and workflow.

“The financial services industry is a highly regulated environment and cryptocurrency exchanges are responsible for a substantial amount of sensitive data that needs to be secured,” said Greg Martin, VP and general manager, security business unit, Sumo Logic. “Our work with Liquid illustrates the value of continuous intelligence for scaling modern businesses with ever-expanding digital surfaces, to provide a holistic view of the threat landscape allowing them to quickly mitigate risk so they can continue to accelerate their processes and conduct business effectively.”

Additional Resources

About Sumo Logic
Sumo Logic is a leader in continuous intelligence, a new category of software, which enables organizations of all sizes address the data challenges and opportunities presented by digital transformation, modern applications, and cloud computing. The Sumo Logic Continuous Intelligence Platform™ automates the collection, ingestion, and analysis of application, infrastructure, security, and IoT data to derive actionable insights within seconds. More than 2,000 customers around the world rely on Sumo Logic to build, run, and secure their modern applications and cloud infrastructures. Only Sumo Logic delivers its platform as a true, multi-tenant SaaS architecture, across multiple use-cases, enabling businesses to thrive in the Intelligence Economy.

Founded in 2010, Sumo Logic is a privately held company based in Redwood City, California, and is backed by Accel Partners, Battery Ventures, DFJ Growth, Franklin Templeton, Greylock Partners, IVP, Sapphire Ventures, Sequoia Capital, Sutter Hill Ventures, and Tiger Global Management. For more information, visit

Sumo Logic is a trademark or registered trademark of Sumo Logic in the United States and in foreign countries. All other company and product names may be trademarks or registered trademarks of their respective owners.

Any information regarding offerings, updates, functionality, or other modifications, including release dates, is subject to change without notice. The development, release, and timing of any offering, update, functionality, or modification described herein remains at the sole discretion of Sumo Logic, and should not be relied upon in making a purchase decision, nor as a representation, warranty, or commitment to deliver specific offerings, updates, functionalities, or modifications in the future.

Media Contacts
Melissa Liton
Sumo Logic
[email protected] 
(650) 814-3882

Harper Schmidt
PAN Communications for Sumo Logic
[email protected] 
(415) 544-7220

Redwood City, California, UNITED STATES


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Author: Sumo Logic

Meet the Team Launching a Crypto Exchange During the COVID-19 Pandemic

Meet the Team Launching a Crypto Exchange During the COVID-19 Pandemic

The cryptocurrency market sure has come a long way from its very tumultuous year of 2019 when the then Finance Minister Lim Guan Eng announced new regulations that meant crypto exchanges operating with prior approval from Securities Commission Malaysia may face RM 10 million in fine or face a ten-year jail sentence.

The new regulation which kicks in a day after the announcement, triggered a rush of players seeking approval from the regulator, of the over 40 exchanges that were identified by the Securities Commission to be operating at that time, 22 applied and a year later we now have 3 cryptocurrency exchanges that are permitted to operate in Malaysia.

Among the 3 exchanges that were approved, only SINEGY is a homegrown company. The company was founded in 2017 in George Town, Penang, by Kelvyn Chuah a former Wall Street trader along with his team founding team Wei Chi and Edgar who run the business development and operations respectively.

Having caught the earlier wave of cryptocurrency adopters, the company was able to transact over US$ 16 million in 6 months before they had to put trading on pause when new regulations kicked in. Spending most of their year ticking the checkboxes of the regulators, SINEGY secured blessings from Securities Commission Malaysia to operate their exchange in March.

Though fate is a tricky thing sometimes, their approval came right in the thick of the COVID-19 pandemic and the Movement Control Order. Cryptocurrencies saw a sharp decline which sent bitcoin prices hovering around US$ 4,000 – US$ 5,000. At the time I asked Kelvyn where he sees the prices moving towards — he didn’t seem too concerned about the temporary drop in prices, he was confident that the early adopters and bitcoin fundamentalists would drive prices up again nearer to the much anticipated halving event.

Looking at the charts — it seems Kelvyn’s statements prove to be right, several days away from the bitcoin halving the price has briefly broken the USD$10,000 barrier. Regardless of price, he sees plenty of opportunities for Malaysians to look at cryptocurrencies as an alternative stream of income, Kelyvn has observed a number of enterprising Malaysian arbitrage traders who are taking advantage of the price discrepancies between exchanges.

Despite the fact that they had to effectively put their business on pause for nearly a year to comply with new regulations, Wei Chi lauded the regulator for putting in place a framework to protect investors. He commented that given Malaysia’s position as an emerging economy, the priority should first and foremost be investors protection and not short term gains.

Edgar echoes Wei Chi’s view as well, he seemed bullish about the upcoming IEO regulations by the Securities Commission which was announced in January this year. The new guideline permits for digital token offerings to be carried out by a recognised platform operator. This move allows for enterprises a new method of fundraising and investors a new asset class to consider.

In the face of very challenging market conditions brought on by the pandemic, Kelvyn remained optimistic about the prospects for SINEGY. With all the right regulations mostly in place he said his team is shifting gears to now ramp up awareness and generate demand in Malaysia. Kelyvn also hinted at interests in being an IEO platform to facilitate fundraising exercise and his openness to team up with local players.

What future awaits cryptocurrencies?

Ultimately, his eyes are set on being the leading digital asset exchange in Malaysia, he estimates that only 1% of Malaysians are exposed to digital assets and that in a few years time we will have a robust digital assets marketing comprising of institutional and retail investors.

To learn more about SINEGY and the work they do do check out their site at


Author: Vincent Fong

Crypto exchange development services

Crypto exchange development services

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Read the full usecase of adopting CryptoEx for e-wallet services Crypto App Factory was a total and utter pleasure to work with his hard work and professionalism far exceeded my expectations. Get fast, secure and customizable white label bitcoin and  We as a startup initiated our services during the start of the year 2016. Zab Technologies, the finest Bitcoin Exchange Development Company can now render you with both whitelabel crypto exchange software and building the trading platform software from the scratch. We offer cryptocurrency exchange software development that is customized by our blockchain developers for the requirements of the clients. Later, in 2014, the rise of P2P crypto exchange development paved the way for lower trading charges and preferred trading. Services focusing on digital assets include crypto exchange, crypto exchange Algo trading, ICO services, white label ICO platform, crypto payment processor, crypto development, coin listing STEX (previously stocks. Exchange Software Development. It is a ERC20 token. In terms of volume, these are followed by Huobi (Singapore), Bitfinex (Hong Kong), Upbit (South Korea), and Bithumb (South Korea). The demand for new platforms is on the rise as customers prefer lower fees, faster transactions, multiple currencies and better rewards. We specialize in delivering a reliable and secured multi-currency crypto wallet for safety management of crypto-assets and transactions. Jun 15, 2018 · With few years of experience both in FinTech sector and Blockchain Development (Core Blockchain development and Decentralized Application Development) Pragmatic Coders is a software house to go to. Feb 27, 2018 · Cryptocurrency exchange like Binance is an online site that operates as an intermediary between customers and digital currencies traders. PR & Marketing. We are a Best ICO development company, delivering a wide range of ICO development services, from token design ideation. Want to create a new cryptocurrency? 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Sep 17, 2019 · Zab Technologies, one of the best Blockchain development companies has released its new version of White label Crypto Exchange Software for clients across the globe. 12+ Pages. Our crypto exchange software solutions render support for popular cryptocurrencies like Bitcoin, Litecoin, Ether, Ripple, Dash, and more Jan 03, 2020 · At the early stages, crypto investors believed in centralized crypto exchange platforms to perform their trade. The country is keeping tabs on those availing cryptocurrency exchange development services and operating crypto exchange platforms. Currently we don’t have any resellers or affiliates or any other development or design partners. Our expert tech team will help to audit cryptographically with an elevated database to monitor the transactions. As a leading cryptocurrency exchange development services company, OpenXcell specializes in the development of custom cryptocurrency exchange service solutions that are trustworthy. 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Crypto exchange development company. Our Crypto Exchange development team provides a holistic solution to launch a successful platform for trading cryptos to cryptos, fiat to cryptos. IO start the d business in 2013 as a provider of cloud mining services. In addition Getting listed on a crypto exchange is essential for any cryptocurrency, including yours. Complete Crypto Exchange Solution. Welcome to CryptoAdvice, We believe that decentralisation is a new way of governing people, digitalising trust and decision making. We offer a full suite of Blockchain Development Services to take on various Blockchain Startups such as Exchange and Trading Platforms, ICOs, Public and  Blockchain development services were developed to augment digital currency of crypto coin, cryptocurrency, bitcoin that is best efficient currency technology  Our crypto exchange developers create wallet of fiat currency together with the Development Company | Technoloader – Blockchain development services  Virtual Currency Software Development Malaysia knowledge of the cryptocurrency world – thus offering top-notch Blockchain software development services. Our blockchain development services help transform and digitize your business using blockchain technology. Development of cryptocurrency software product doesn’t require you to start from scratch. The better choice is to obtain whitelabel p2p exchange solutions from a sort after company, which is reliable, quick to deploy, integrated with quality technical elements, and cost-effective. Aug 23, 2019 · Crypto currency exchange development is a vital part for any entrepreneur to kick start the crypto currency business. , Code Brew Labs is a Cryptocurrency Exchange Development Company that has been developing cutting edge solutions using Blockchain from the past 5 years. Finterra Future Crypto Exchange FinEX’s motto is “be your own exchange. We provide a diversified on-ramp for exposure to the digital currency asset class. SImply put, a crypto wallet functions as your normal physical wallet, except that it stores money digitally. Just search and find the best Cryptocurrency Exchange services near you. A custom crypto exchange can help you get the most out of this money by giving you the opportunity to provide cryptocurrency trading services. Some crypto exchange loyalty programs will even We Simrastechnology offer the best cryptocurrency development services. It’s going to be the ultimate future, so why not get it in present with you and get used to it. Mar 09, 2020 · The Burency Exchange is a regulated exchange platform that addresses key challenges including security, liquidity, fiat to crypto transactions and vice versa, and more. Feb 16, 2020 · Dubai-based Compliant Crypto Exchange OKDAX Ready to Shake the Industry It will provide quality trading services to global users and grow in line with leading crypto projects around the world Crypto Exchange Platform Development We have emphasizes more in developing authenticated and highly functional peer-to-peer cryptocurrency exchange platforms to sell, buy or exchange multiple cryptocurrencies with full security and privacy throughout processing. To enable fast and secure transactions using virtual currency, our best blockchain developers create robust and reliable cryptocurrency exchange solutions . We develop cryptocurrency exchange softwares which can deliver fastest computation with intuitive mechanism which automatically detects the users’ behavior and optimize the process. Currency. Our solutions include white label bitcoin and cryptocurrency  Mobiloitte are the top leading Cryptocurrency Exchange Software Development Company, we offers cryptocurrency exchange platform development services  with world-class features. Some cryptocurrency exchanges offer a platform that is focused on ease  Get Crypex is a leading Blockchain Development Company provides custom blockchain With us, you can get groundbreaking blockchain services that will help you cryptocurrency exchange development, ICO development and marketing,  Cryptocurrency Exchange Development Services. Crypto developers are the leading cryptocurrency software development company. Our p2p crypto exchange software is completely decentralized, integrated with state-of-the-art features and functionalities. Launch your own cryptocurrency exchange with an industry-leading solution, provided by a company with almost a decade of experience in building ultra-scalable systems for a variety of niches in the capital markets space. DECENTRALIZED TRADING SYSTEM We have completed cross-chain Dex solution which supports mainstream coins/tokens i. The address is in the form of an alpha numeric structure. E-Wallet Services with Crypto currency & Fiat Currencies With advancement in E-Commerce and E-Banking systems, the need for good e-wallet services is a demanding business model. The platform is community co-managed, and it’s owned by the Bitget Group- a leading digital commercial brand based in Singapore. The Amanpuri Exchange is the only characteristic exchange that think from the perspective of users. com is a leading digital asset trading platform developed to provide secure, efficient digital asset trading, portfolio management, and other financial services needed in the crypto space. Sales Development Representative Job Description Planet Exchange Ltd is a crypto Consulting firm providing Asset mgmt, OTC sales and Liquidity/Advisory services to crypto Exchanges esp in Frontier markets. Mar 05, 2020 · Today, crypto exchanges play a crucial role in the development of the blockchain industry. Security Token Exchange Espay offers a fully-compliant-focused security token and digital coin trading platforms that satisfy your active traders’ every demand. Dapp Design – For Creating intuitive front end and secure admin panel. CRYPTONITIES is a leading crypto marketing agency / IEO marketing that provides first-class crypto marketing services and IEO development with TOP exchanges and IEO marketing campaigns with the best pricing in the industry as well as IEO listing on top exchanges. Oct 10, 2019 · Antier Solutions is an unparalleled cryptocurrency exchange software development company having a network of blockchain experts who have profound experience in creating a reliable exchange. Don’t ever hesitate to discuss with us and hire our blockchain developers for your software development and marketing assistance. Today, blockchain wallet development has evolved to become useful for every type of transaction and virtual storage. Benefits of decentralized applications (dapps) Get the best cryptocurrency wallet development services with most cutting-edge technology for processing virtual exchanges. With a track record of building intricate models for Cryptocurrency tokens, we ensure completion of your ICO token development before your ICO launch. We develop unique cryptocurrency exchange platform with advanced features and functionalities to allow users transfer and exchange cryptocurrency like Bitcoin, in a secure way. TradeStation Crypto is a brokerage service. Choose us, as we are Bitcoin/cryptocurrency  Hire an award-winning cryptocurrency exchange development company for your crypto-digital asset exchange software development needs. Jul 22, 2019 · Additional Dapp Development Services Coinjoker provides. We will build you purely white label cryptocurrency exchange trading software and then deploy that piece of software on your server. Apr 23, 2020 · The crypto exchange business comes with advanced decentralized blockchain technology in secure ways. Without trading, or at the very least providing liquidity to those looking to buy your token, not only will the currency become stagnant but investors and users of your technology will become restless. Cryptocurrency trading & exchange software solutions. We have modern and relevant technologies as well as experts developers play a big role in the process and they are really imperative especially their skills Developcoins is the leading STO Development Company offers end to end STO development services such as Security Token Offering, Security Token development, Smart Contract development, White Paper Creation, Security Token exchange Development and wallet development etc… Mar 03, 2020 · Talk to our tech professional to know the price range of our white-label crypto exchange website development! whether you need a cryptocurrency exchange service or related to any other crypto business, we make it possible with fine-tune techno developers. Finding a good  Secure, Scalable and Reliable Crypto Wallet Creation, Exchange platform and Cryptocurrency Development Services by top Cryptocurrency Development  CRYPTOCURRENCY EXCHANGE SOFTWARE AND MARGIN PLATFORM with the most trusted cryptocurrency exchange software development service  23 Dec 2019 Services Offered: ICO Marketing & Development, Cryptocurrency Development, Cryptocurrency Exchange Development, Cryptocurrency Wallet  Cryptocurrency exchange development services are certainly gaining traction because of the unrivaled security and user-friendly design rising from innovation. Make your deposits in Bitcoin or Ethereum to trade global financial instruments with competitive leverage and tight spreads. We are expert in developing highly secured decentralized cryptocurrency exchange platform fulfilled with trading engine, crypto interfaces, features, wallets, etc. Our network of experts follows strategy-driven approach and goes the extra mile to understand the clients’ objectives and deliver them a meaningful solution aligning with their requirements. OUR CRYPTOCURRENCY EXCHANGE DEVELOPMENT SERVICES INCLUDE Build on blockchain, crypto exchanges are by default offering all the features  ICO App Factory helps businesses build complete ICO / Blockchain solutions starting from Requirement Gathering to Pilot and Final Implementation of the  Are you looking for blockchain development services then Awapal solutions is a Each of our next generation products including Crypto Currency, Exchange,  Our crypto wallet development services consist of: Cryptocurrency exchanges, also known as digital currency exchanges (DCE) are online marketplaces that  In simple words, we provide you Blockchain development services that allow you to Development of a coin exchange website application on Django and  Get all the cryptocurrency development services from us and create your own cryptocurrency now. One new feature that Crypto. P2P Crypto Exchange Development We bitdeal – a leading bitcoin exchange development company empowers cryptocurrency exchange startups with our flagship product bitcoin exchange script. Sellbitbuy- Leading Cryptocurrency Exchange development company provides the best cryptocurrency exchange development services which include cryptocurrency exchange script, cryptocurrency wallet development, crypto exchange clone development. ” The Finterra future crypto exchange’s mission emphasizes on the provision of a secure and censorship-resistance way of exchanging cryptocurrencies for national currencies, as well as other cryptocurrencies, over the internet. You will be aware of the P2P crypto exchange platform that furnishes bitcoin escrow services. It is a remote team of made up of 10+ core-contributors and growing community of members scattered around the globe. These solutions instantly help entrepreneurs to launch a t Our Cryptocurrency development services include Cryptocoin Creation, Mining, Wallet development, and Cryptocoin Exchange Platform development. Our team explores the  Velvetech is a trusted provider of Smart Contracts and Blockchain Development services: ICO consulting, cryptocurrency exchange, DApps, wallets, and more. This year, the company plans to work more closely with the Dubai government to develop regulations around crypto as well, with an eye towards becoming a fully-licensed exchange by the end of the year. Crypto Exchange is a unique marketplace that allows users to buy, sell and trade cryptocurrency. Cryptocurrency exchange trading software is customized and scalable it is created by the experienced Blockchain engineers with focusing on security, connectivity and seamless environment. Blockchain is a multi-billion-dollar business, that only a few businesses are presently exploring with most effectiveness. Don’t miss our cryptocurrency exchange development services that we offer at an unimaginable price. A range of related services, such as deposits, instant transfers between users. Mobiloitte delivers white-label customizable solutions for Crypto Exchange on a global scale. Our broad range of development services for cryptocurrency : Cryptocurrency Wallet Development Bitcoin MLM Software Cryptocurrency Exchange Development Local Bitcoin Exchange Development for trading Bitcoin and more Developed by Expert Blockchain Engineers and Consultants. Cryptocurrency exchange solutions are developed with high-security standards and multiple payment methods. As a blockchain development company, we get more focused on helping individuals, startups & entrepreneurs to start various kind of blockchain-based business applications such as crypto exchange, ICO / STO with uncompromising secured business. Operated by Etna Development OÜ with 2 licenses: 1) Financial services, providing services of exchanging a virtual currency against a fiat currency. 85% Business Through Customer Referrals; 95% Client Retention Rate; 88% Retention Rate of Tech Leads; 24×7  Cryptocurrency Development Services. Hire bitcoin exchange software developer today. crypto exchange development services


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