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 […]

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USD Stablecoins Hit Spot Trading Volume Record Highs, With USDT Still Dominating Market

Cryptocurrency research firm Diar indicates that the market capitalization for USD stablecoins has exceeded $4 billion. Cryptocurrency research firm Diar indicates that the market capitalization for USD stablecoins has hit all-time highs and exceeded $4 billion, according to its latest weekly report published on May 21. Stablecoins tied to the greenback have broken through to […]

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Crypto Exchanges Bitfinex and Ethfinex Jointly Launch Initial Exchange Offering Platform

Major cryptocurrency exchange Bitfinex and its spin-off Ethfinex have launched a new initial exchange offering platform dubbed Tokinex. Major cryptocurrency exchange Bitfinex and its spin-off Ethfinex have launched a new initial exchange offering (IEO) platform dubbed Tokinex. The news was revealed in a press release shared with Cointelegraph on May 21. As reported, IEOs have […]

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Circle Releases Another Attestation Report on Stablecoin USDC’s USD Reserves

Goldman Sachs-backed crypto finance startup Circle has published the latest third-party audit of its USD-pegged stablecoin USD Coin. Goldman Sachs-backed crypto finance startup Circle has published the latest third-party audit of its USD-pegged stablecoin, USD Coin (USDC). The company reported the update in a blog post published on May 17. USD Coin is an Ethereum-based token compliant with the […]

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Capital Outflows From Major Crypto Exchanges Exceeded Inflows by ~$622 Mln in Recent Days

TokenAnalyst estimates that capital outflows from major crypto exchanges have exceeded inflows by ~$622 million over the past 5 days. Blockchain data provider TokenAnalyst estimates that capital outflows from major crypto exchanges have exceeded inflows by ~$622 million over the past five days, Bloomberg reported on May 15. London-based TokenAnalyst has reportedly based its figure […]

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Huobi Launches OTC Desk for Institutional Investors

Major global crypto exchange Huobi launched a Gibraltar-regulated OTC desk to fulfill demand for large volume trading. Major global crypto exchange Huobi has launched a regulated over-the-counter (OTC) trading desk for institutional investors, according to a blog post on May 15. The new OTC crypto trading platform, Huobi OTC Desk, is fully regulated by the […]

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