Is CeFi Less Secure Than DeFi?
We often hear that CeFi is less secure than DeFi. But is that really the case?
This article will explore the question in-depth.
Topic
CRYPTO EXCHANGE
A collection of 5 issues
Wash Trading Gone Wrong - How A $100M/Day Crypto Exchange Accidentally Bankrupted Itself
This is the story of BaseFEX - a crypto exchange that unintentionally bankrupted itself through wash trading.
It's a cautionary tale for any crypto exchange looking to get ahead by faking volume - and a solid guide for anyone who knows a bit of coding, and wants to
Was FTX A Ponzi Scheme From The Beginning?
What we know:
1. In January 2018, just five months after launching, Alameda Research took a massive loan. The loan totaled $117M, and carried an annual interest rate of 43%. Officially, they needed the loan for doing Kimchi arbitrage - however, it was dubious that they ever did any arbitrage.
How Exchanges Handle Position Liquidations: A Brief Overview
Liquidation procedures vary widely across crypto exchanges.
This article provides an overview of the most popular ones.
Full, Immediate Liquidation
* Your position is transferred to the liquidation engine at its bankruptcy price.
Duration: 0 seconds.
Time: Immediately after your liquidation price is hit.
Result: -100% equity.
Fees: No fees. You
Mark Price, Index Price, Fair Price: How Are They Calculated?
A solid price index is essential for any crypto derivatives exchange.
The primary purpose of the price index is to help the exchange in establishing “The One True Price” — the price that the exchange uses when evaluating whether to liquidate a position or not.
The last traded price (Last Price)