DeFi project Balancer has hastily conducted a community vote to determine how to limit attempts to exploit the protocol’s token reward system. Following the meteoric launch of Balancer Labs’ governance token, the decentralized finance (DeFi) protocol has quickly implemented changes to limit large players from exploiting the platform to mine BAL tokens, rather than for […]
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Crypto derivatives trading platform Delta Exchange has today launched options trading for two major altcoins, BNB and LINK. Cryptocurrency derivatives trading platform Delta Exchange has today launched options trading for two major altcoins, Binance Coin (BNB) and Chainlink’s LINK. In an announcement on June 19, the exchange indicated it would be following the launch of […]
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2020 has been one of BTC’s most volatile periods, but why do cryptocurrency exchanges keep crashing under high demand? Nobody can really predict Bitcoin’s (BTC) price volatility. But one thing is becoming painfully predictable when the price of Bitcoin suddenly lurches in one direction or another: One or more of the major cryptocurrency exchanges simply […]
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Experts say CoinMarketCap’s update is not good enough after the latest method tweak causes further controversy among the community. For reasons of vanity as well as for those of industry health, it’s important to have a good method for ranking crypto exchanges and coins. But as the past few years have shown, no foolproof method […]
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Here’s how the crypto derivatives market compares to the traditional derivatives one. Crypto derivatives volumes have hit a new record high in May 2020. The early generation of crypto investors mostly worked with a hold-and-sell perspective. With the inevitable evolution of the market and the advent of cryptocurrency derivatives, investors with varied agendas — such […]
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The community is taking issue with the fact that BitMEX is ranked 175th by CoinMarketCap, but other derivatives platforms are not properly ranked as well. Following the latest CoinMarketCap update which introduced the “Confidence factor” to rank exchanges, users are taking issues at perceived injustices against popular platforms. A pseudonymous Twitter user going by the […]
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A growing number of crypto exchanges are offering futures trading for Bitcoin and altcoins, can retail investors capitalize on this powerful instrument? There’s an increasing number of exchanges offering futures contracts trading. So far there’s Binance, FTX, Bitfinex, Bybit, and Kraken, to name just a few. Volumes are also picking up across the board and […]
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Bitcoin price manipulation, money laundering and racketeering are just some of the complaints against BitMEX, but is there any merit to them? BitMEX, one of the most popular derivatives exchanges in the cryptocurrency market, has come under fire with accusations of being purposefully designed to facilitate “a myriad of illegal activities.” The accusations were made […]
Continue ReadingCoinbase Custody has been selected by the Binance-backed derivatives exchange FTX to store and insure its exchange token, FTT. Coinbase has announced that it will provide custody services for the exchange token of the Binance-backed crypto derivatives platform FTX (FTT) on May 22. Coinbase Custody will comprise the primary custodian for the ERC-20 token, managing […]
Continue ReadingMiners need traditional financial products in order to hedge against the risk of increasing hash rate and difficulty. Bitcoin (BTC) mining has become a multibillion-dollar industry. Pools, manufacturers and farms contribute to the growth and professionalization of the space. Financial service companies bring institutional-grade products and capital that increases liquidity for the biggest operators. There’s […]
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