Digital asset exchange Bitfinex announced on Tuesday Whale Alert, a tracking service of cryptocurrency transactions from and to exchanges, is available on the social network, Bitfinex Pulse. According to Bitfinex, Whale Alert is claimed to be a vital information source in the digital asset space as the “world’s largest independent blockchain tracker.” Bitfinex noted that the addition of a Whale Alert channel into Bitfinex Pulse will further enhance the value of Bitfinex Pulse.
“Whale Alert oversees the live tracking and analysis of millions of blockchain transactions each day, before converting them into a single standard format and storing them on its proprietary databases. Whale Alert’s tracking software is able to instantly identify transactions made to and from known and associated addresses and by doing so, removes anonymity and adds intention for a significant part of the crypto world, especially exchanges.”
Paolo Ardoino, CTO at Bitfinex, further stated that the addition of Whale Alert represents an important plank in enabling him and his team to achieve their vision for Bitfinex Pulse, namely a service that provides high-quality, real-time data and trustworthy news. Bitfinex further reported that Bitfinex Pulse will let verified customers interact with each other while also letting a user decide whether his or her pulses are posted publicly.
“Both verified and unverified Bitfinex customers will be able to publish private pulses. After a nickname has been chosen, which can be a new one or one the user has on the Bitfinex Leaderboard, a user can write, share and like pulses from other users.”
Founded in 2012, Bitfinx is a digital asset trading platform that claims it offers “state-of-the-art services fo digital currency traders and global liquidity providers.