Bitfinex concluded partnership with Irisium

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2018-03-15
Bitfinex concluded partnership with Irisium

The cryptocurrency exchange Bitfinex, the third on the trading volume, based in Hong Kong, will introduce the platform for trade surveillance Irisium for identification and monitoring of manipulative behavior and suspicious activity, improvement of integrity of the market and receiving analytics about all trade processes.

“Comprehensive market and trade surveillance capabilities are integral to operating an exchange. To meet the complex needs of an evolving digital asset class and to protect our sophisticated participants, Bitfinex requires an agile surveillance system built on the latest technology. Together with our experienced team, the Irisium platform will provide the surveillance needed to protect our participants and our venue from trading abuses.”

– Paolo Ardoino, CTO of Bitfinex.

Bitfinex considers that the Innovative Irisium technology will allow to process wide data array that will provide professional analysts with information, necessary for identification of suspicious activity.

“We are at a tipping point in the development of the digital currency marketplace. As professional traders and sophisticated investors enter the market, exchanges need to deploy modern surveillance tools that can detect abusive trading practices and protect their customers”

– Alastair Goodwin, CEO of Irisium Ltd.

In Bitfinex they emphasized that together with Irisium they intended to create the new global standard for transparency of functioning of cryptocurrency exchanges.

CRYPTOCURRENCIES
  • bitcoinBitcoin$5,268.94
  • ethereumEthereum$180.21
  • rippleXRP$0.356466
  • tetherTether$1.00
  • eosEOS$5.88
  • stellarStellar$0.126689
  • litecoinLitecoin$88.16
  • cardanoCardano$0.090378
  • tronTRON$0.030475
  • moneroMonero$71.37
  • iotaIOTA$0.351967
  • nemNEM$0.072861
  • dashDash$130.72
  • neoNEO$12.50
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