Crypto Derivatives Platform Vows to Tackle Socialized Losses Seen on Other Exchanges

sponsored A crypto derivatives exchange says it offers competitive advantages over rivals thanks to its partnerships with established industry players. A crypto futures exchange says its features mean it is well-positioned to solve current problems that exist among rivals. The team behind FTX claims they were driven to act after “hours of feedback” to established […]

Continue Reading

Facebook in Talks With Coinbase, Winklevoss’ Gemini to Launch Its Globalcoin: FT Report

Anonymous sources say that Facebook’s upcoming Globalcoin project is “bigger and more open” than just a payment method. Social media giant Facebook has reportedly held talks with major United States-based crypto exchanges about the issuance of its own crypto, the Financial Times (FT) reports on May 24. Citing two people familiar with Facebook’s “Globalcoin” project, […]

Continue Reading

Russian State-Owned Holding Giant Proposes to Apply DLT in All the Gov’t Data Systems

Russian state-owned firm Rostec offers a $1.3 billion-worth plan to apply blockchain in all the state data systems. Russian state-owned holding conglomerate Rostec proposed a roadmap on applying blockchain in all the governmental data systems, local financial newspaper Kommersant reports on May 24. An institution under Rostec has reportedly developed a blockchain roadmap worth of […]

Continue Reading

Monero Developers Consider Adopting New Proof-of-Work Algorithm in October

Privacy-centric cryptocurrency monero will reportedly switch to a new proof-of-work algorithm in October. Privacy-centric cryptocurrency monero (XMR) plans to switch to a new proof-of-work (PoW) algorithm in October. The new algorithm follows an agreement with permanent storage network Arweave, which will fund an audit of the new algorithm, an Arweave spokesperson told Cointelegraph via email […]

Continue Reading

Crypto Markets Turning Green, Oil Prices Tumble

Cryptocurrency markets are turning green, having overcome the drop in the beginning of the day. Thursday, May 23 — Cryptocurrency markets are starting to move upward, having overcome the drop in the beginning of the day, according to Cointelegraph’s Coin360. Market visualization from Coin360 The leading cryptocurrency bitcoin (BTC) started the day at $7,638 gradually […]

Continue Reading