Category: Exchanges

FTX has listed quarterly futures on stocks with 100x leverage

Cryptocurrency exchange FTX has announced the launch of quarterly futures on stocks, allowing users to trade with up to 100x leverage on Tesla, Google, Netflix, Amazon, Apple, Pfizer, and Alibaba stock futures. The exchange partnered with CM-Equity, a German financial services provider, to offer the service, and will require users to submit their KYC information…

November 10, 2020
Decentralized Exchanges That Use Automated Market Makers Now Represent 93% of the Market

A recent report by Consensys says the surge in decentralized exchange (DEX) volumes in Q3 of 2020 is down to their adoption of the automated market maker (AMM). According to the report, DEXs that use AMM, a software that algorithmically creates token trading pairs, now represent 93% of the market. The good side of AMMs…

November 6, 2020
Binance Recovers $344K From Scam DeFi Project Launched on Its Platform

Having raised the funds at launch on Binance Smart Chain in October, the operator fled with users’ cryptocurrency “within an hour,” Binance said.

November 4, 2020
U.S. election causes Bitcoin, crypto prediction markets havoc on Biden lead

Traders in the crypto market are increasingly betting on the outcome of the contested U.S. election. So far, the majority of bets are on Joe Biden, the Democratic candidate. Bitcoin is surging on the predicted outcome, as a blue sweep benefits the dominant cryptocurrency. The betting odds in the crypto prediction markets, primarily augur, are…

November 3, 2020
Huobi denies rumors of executive’s arrest as Bitcoin outflows continue

Following the OKEx founder’s arrest that resulted in over 200,000 BTC being caught in limbo due to him being the sole holder of the multi-sig withdraw keys, Bitcoin investors have been wary of holding their coins on centralized exchanges. Huobi – a Chinese-founded cryptocurrency exchange now based in Singapore – has recently been shrouded in…

November 2, 2020
The crypto compliance lie: Sacrificing privacy does not make us safer

The lightchain-vs.-darkchain dichotomy is counterproductive, and a healthy graychain will produce more valuable crypto assets like Bitcoin.

October 31, 2020
The crypto compliance lie: Sacrificing privacy does not make us safer

The lightchain-vs.-darkchain dichotomy is counterproductive, and a healthy graychain will produce more valuable crypto assets like Bitcoin.

October 31, 2020
Report finds majority of DeFi exchanges have poor security

The popularity of decentralized exchanges (DEXs) has grown multifold in 2020, marked by the public interest in the broader DeFi sector and the demand for non-custodial crypto solutions. But the move has been marred by scams, exit schemes, and frauds alike. The ease of listing DeFi tokens on Uniswap and other DEXs, which require no…

October 30, 2020
Binance Futures surpasses BitMEX, becomes most liquid Bitcoin perpetual swap

According to the data from Skew, Binance Futures now has the most liquid Bitcoin perpetual swap contract. It surpassed BitMEX, which was probed by U.S. regulators in early October. Binance Futures, the futures exchange arm of Binance, launched in September 2019. Since then, it has become one of the largest futures exchanges alongside OKEx and…

October 30, 2020
Nearly 24% of Ether held on exchanges — three times the percentage of Bitcoin

Only 8.1% of Bitcoin is held on exchanges compared to Ether where almost one-quarter of the supply sits on exchanges.

October 29, 2020