cex.io chart

CEX.IO is a cryptocurrency exchange and former Bitcoin cloud mining provider. Founded in London in 2013, CEX first began as a cloud mining provider that owned the Ghash.io pool. As an online digital currency exchanger, CEX.IO offers the trading of cryptocurrency for fiat money, including USD, EUR, GBP, and RUB. The exchange charges commissions from 0% to 0.25%  on trades using the Maker-Taker fee schedule. The current list of cryptocurrencies available on CEX.io is Bitcoin, Ether, Ripple, XLM, Bitcoin Cash, Dash, Zcash, and Bitcoin Gold.

cex cryptoName: CEX
URL: https://www.cex.io
Total trading pairs: 15
Founded: 2013
Deposit fees: no
Withdrawal fees: no
Trading fees: 0.00% – 0.20%
Margin trading: no
USA accepted: yes
Verification levels and withdrawal limits:

Verification Level

Limits

Basic Daily: 1000 USD; Monthly: 3,000 USD
Verified Unlimited
Verified Plus Unlimited
Corporate Unlimited

Registration

CEX.io allows for initial registration using email, Google Oauth, or Facebook Oauth. To continue after Oauth, you will still need to manually input your email address. An email verification link will be sent to you. Upon verification, you are directed to the /buysell page, which has prices for currency available for purchase by Credit Card, good for the next 66 seconds. After that, a new price is populated, based on exchange rate, and you are given a further 120 seconds.

cex.io screenshot

Verification

A full guide to account verification is available here. With basic registration, you are allowed to buy and sell bitcoin with a daily limit of $1000 via credit card only, and a monthly limit of $3000. Verification allows you to make bank transfers and take commissions as well as removes the deposit/withdrawal account limits on basic registration.

 

CEX.io verification screenshot
CEX.io verification

The Verified level requires the submission of identifying documentation (DL, Passport, or ID card) and a tax reference number, such as a social security number. This will include your address and scans/photos of your identification documents.

CEX personal information verification
CEX personal information verification

In the personal information section, the registree will be required to submit their Gender, date of birth, first, middle, and last name, place of birth, and contact number. Optionally you can submit social media profiles as well. The following page is a simple address verification form.

From the CEX.io website:

PAYMENT OPTIONS

Most popular methods: Visa, MasterCard, bank transfer (SWIFT, SEPA), cryptocurrency

STRONG SECURITY

Protection against DDoS attacks, full data encryption, compliant with PCI DSS standards

WORLD COVERAGE

Providing services in 99% countries around the globe, including 24 states of USA

LEGAL COMPLIANCE

Registration in the UKMSB status in FinCEN, essential licenses and strong relations with banks

MARGIN TRADING

1:2 and 1:3 leverages, automatic funds borrowing, no extra accounts needed, negative balance protection.

COMPETITIVE COMMISSIONS

Reasonable trading fees for takers and makers, special conditions for high volume traders, strong offers for market makers.

CROSS-PLATFORM TRADING

Trading via website, mobile appWebSocket and REST API. FIX API for institutional traders

ADVANCED REPORTING

Downloadable reports, real-time balance, transaction history with transparent fees

HIGH LIQUIDITY

Fast order execution, low spread, access to high liquidity orderbook for top currency pairs

On April 6th, at 16:44:02 UTC (block 1546000), the privacy-oriented cryptocurrency Monero successfully performed its scheduled hard fork. Which, among other updates, hardened the cryptocurrency against ASIC miners.

As a result of the PoW change, various forks have appeared that intend to maintain the old blockchain, stating that the existence of ASICs for the cryptocurrency is good.

ASIC Resistance

The Monero community first began to suspect that an ASIC was in play in January, when the hashrate began to increase rapidly. Though at the time, the Monero community believed that developing an ASIC for CryptoNote would be prohibitively expensive.

Monero reported hash rate – bitinfocharts.com

The suspicions were proved correct when Bitmain announced its AntMiner X3 ASIC in mid-march alongside other ASIC announcements. Though these announcements occurred not long after the Monero team announced that it would be changing the PoW algorithm to set back any ASIC miners.

Other features added

One of the notable changes made over the hard fork is support for the ledger nano hardware wallet. Otherwise, sub-addresses and multi-signature wallets were added to the reference wallet.

You can read the full changelog on the Monero team’s blog post.

Results

While the full extent of the hashrate drop is still unknown, the difficulty algorithm has begun to lower the difficulty. At the time of writing, monerod reported a network hashrate of 645.63 MH/s and a difficulty of 77475745059. It is expected that the difficulty and therefore reported hashrate will have normalized around block 1546720.

coin renders

This is a weekly summary the current status of a few popular cryptocurrencies. More cryptocurrencies will be added over time. You can click on the name of each cryptocurrency to learn more information about it. If you have any suggestions, you can contact us!

Name Block Height Hash Rate Current Difficulty Current Price
Bitcoin (BTC) 516631 9223.37PH/s 3511060552899.72 $5611.58
BitcoinCash (BCH) 524428 2314.00PH/s 322446720222.0 $638.75
Ethereum (ETH) 5380686 258.21TH/s 3172000000000000.0 $378.76
Monero (XMR) 1544839 1.00GH/s 120509598719.0 $170.63
Litecoin (LTC) 1397700 210.64TH/s 6.8026260954785e+18 $116.70
Ethereum Classic (ETC) 5664893 11.15TH/s 168870000000000.0 $13.61

Data sources

All price data is sourced from BlockExplorer, and other data on each currency is sourced from various locations linked below.

Bitcoin: SmartBit.com.au
Bitcoin Cash: bitinfocharts.com
Ethereum: bitinfocharts.com
Ethereum Classic: gastracker.io
Litecoin: chainz.cryptoid.info
Monero: moneroblocks.info

A journey through Bitcoin Village.

Ever since around Thanksgiving, it’s been impossible to tune out all of the noise that Bitcoin is making in the media. First, it was Bitcoin’s meteoric rise to $20K, followed by an abrupt crash, downward spiraling all the way down to under $6K at one point. The widespread mania prompted (foolish) people to remortgage their homes to avoid missing out on the promise of Lambos and wealth beyond our wildest dreams. Dreams that quickly turned into nightmares for many, as FOMO turned to FUD in a mere few months.

Beyond the wild swings in price due to its volatile, speculative nature, those that have been embracing the cryptocurrency as a replacement for the almighty dollar, have begun to show the rest of the world what life using Bitcoin is like.

Bitcoin Village,” a small section of Portsmouth, New Hampshire, is taking lead and showing the rest of the world that cryptocurrency is indeed a currency that can be used for everyday occurrences, like dining out at your favorite restaurant, visiting a theatre, ‘getting your hair did’, or shopping at a local mom and pop retail boutique.

The journey started with STREET, a casual dining restaurant that was featured on an episode of the Food Network’s ‘Diners, Drive-Ins, and Dives’, entitled ‘Sausage, Seafood and Shawarma’. Flyers for Bitcoin that include a “quick-start guide” and references to a “world famous” Bitcoin tour. Marketing materials in the lobby call out that Bitcoin is “accepted here” and boasts that “people who paid with Bitcoin saw food prices drop by 75%” likely referencing Bitcoin’s parabolic value increase in 2017.

The signage boldly asks “can your money do that?”

STREET also accepts other cryptocurrencies, such as Dash, Bitcoin Cash, and Litecoin. When management was asked “why crypto,” the response was “there wasn’t a reason not to accept it,” citing how easy it was to integrate an app into their iPad-based point-of-sales system. STREET’s sister restaurant, an eclectic pizza parlor located in the same plaza called STREET’ZA also accepts the same cryptocurrencies.

Also on this famed Bitcoin “tour” was La Maison Navarre, a French pastry shop; Fresh Press, a 100% organic smoothie and foodie spot; Lair’s Bench, a brewpub; and Fezziwig’s Food and Fountain, which offers coffee, tea, crepes, milkshakes, and ice cream sundaes. And that only covers food.

Sol Sunwear, which was the first retailer to join the Bitcoin revolution that started in Portsmouth, takes a tongue in cheek approach to their accepting cryptocurrency. Like STREET, each shop accepting crypto in Bitcoin Village has unique signage to alert customers and passer-by that Bitcoin is accepted here. At Sol Sunwear, a shop that sells designer eyewear, the sign reads “Bitcoin millionaires prefer Prada and Valentino.”

Another fashion outlet, Cotillion Bureau, offers second-hand clothing selected for its craftsmanship.

As a tourism hotspot, Bitcoin Village is also home to a few gift shops that offer unique and interesting trinkets. Pickwick’s Mercantile is one of them. Their “feminine” counterpart is Lady Pickwick’s. Deadwick’s Ethereal Emporium is chock full of oddities including crystal balls, costumes, antiques and more – a stark contrast to the technologically advanced nature of Bitcoin and cryptocurrencies. All of these places will accept cryptocurrency alongside traditional dollars and cents.

For entertainment, 33 Artspace offers a local value for live performances, and the Seacost Repertory Theatre is a historic venue for plays, musicals, and more. Portsmouth School of Ballet, Portsmouth Smoke and Vape, Oomph Hair Salon, Port City Coin and Jewelry, Pickwick’s at the Banke, and even Portsmouth’s local Lens Crafters franchise accepts Bitcoin and other cryptocurrencies. Yoga classes at Bikram Yoga Portsmouth can be paid for using crypto. Crypto can buy you almost anything in this town.

Portsmouth is also home to the Blockchain Institute of Technology and offers hands-on education on blockchain development. Passing by the window, students were hard at work while unmanned computers had screensavers that flashed the images of various cryptocurrency tokens.

Last but not least, the tour ends at the Portsmouth Free State Bitcoin Shoppe. This is where it all started, the “Cryptoanarchy Mecca,” as the two founders define it. Their mission is to “help people use better money.” At the Free State Bitcoin Shoppe, everything from crypto related T-shirts, cold storage hardware wallets, books, and propaganda are available – but here, only cryptocurrency is accepted. That’s right, they’ll turn away fiat money and encourage you to use their crypto ATM if you don’t already own Bitcoin or one of the many other cryptocurrencies accepted here (including Bitcoin Cash, Dash, Zcash, Monero, Ripple, Ethereum, Litecoin, and Dogecoin). It’s the founders of the Free State Bitcoin Shoppe that encouraged other retailers in the area to get involved in the “movement.”

And what a job they’ve done. No other place on the planet offers such a wealth of diversity in its people and its businesses, yet also accept cryptocurrencies so widely and openly. Portsmouth, NH has always been an innovative community, but it’s the one place on Earth where the future of currency – a future led by cryptocurrencies – is already in practice.

Cryptojacking – which involves hackers exploiting code vulnerabilities to allow the installation of malicious code into computer programs that are then used to mine for cryptocurrency – has become a widespread phenomenon affecting everyday consumers and major businesses alike. A new report of cryptojacking from cyber-security firm Trend Micro has emerged, that’s among the largest documented yet, resulting in just under $75,000 in Monero to be mined from people’s computers from across the globe.

A vulnerability discovered in the Network Weathermap plugin for Cacti – which is, ironically, an open-source network monitoring tool – was used to infect Linux servers with malware that enables hackers to utilize computer resources to mine for Monero.  Monero is often used in cryptojacking schemes, due to its ease of mining and its privacy-centric design that helps to keep the hijackers anonymous.

This specific cryptojacking campaign is using malicious code dubbed “watchd0g.sh” and is focusing on x86-64 Linux servers in the United States, Japan, Taiwan, China, India, and much of the rest of the world.

Vulnerability “CVE-2013-2618” has had a patch available for nearly five years, and allows the hackers to gain control of code execution on the servers its hosted on, enabling a customized version XMRig to be installed. The hackers have modified XMRig’s open-source code in such a way to avoid detection, by limiting the amount of CPU resources it uses as to not set off any red flags and continue to fly under the radar. The advanced code runs every time the computer is fired up, runs every three minutes, and is designed to automatically re-download itself if deleted.

Trend Micro was able to tie the malicious mining software to two Monero wallets, totaling just under $75,000 in the privacy-focused cryptocurrency. The firm also believes that this campaign is connected to another cryptojacking campaign on Windows computers that resulted in over $3 million in XMR being mined.

Trend Micro explains that users must keep their machines up-to-date with all patches, and that “data from Cacti should be property kept internal to the environment.” Since the vulnerability is so old, many users will unknowingly remain affected. For more technical details on the vulnerability, Trend Micro has a full breakdown on their blog.