An entity called Bitcoin Manipulation Abatement LLC accuses FTX exchange of scheming to trigger liquidity cascades on Binance’s Bitcoin futures. Cryptocurrency derivatives exchange FTX has received a $150 million lawsuit for market manipulation and selling unlicensed securities in the United States. Uploaded to social media by End of the Chain podcast host Samuel McCulloch on…
Read more
Cryptocurrency exchange Bitfinex moved 1 .561 million USDT from the Omni Protocol to the Liquid Bitcoin sidechain. Cryptocurrency exchange Bitfinex moved 1 .561 million Tether (USDT) from the Omni Protocol to the Liquid Bitcoin (BTC) sidechain. Bitfinex CTO Paolo Ardoino announced the U.S. dollar-pegged stablecoin’s protocol swap on Twitter on Nov. 2. The conversion increases the quantity…
Read more
Changpeng Zhao, the CEO of major cryptocurrency exchange Binance, says that timing Bitcoin price is the most difficult part but $16,000 will happen “soon-ish.” Changpeng Zhao, the CEO of major cryptocurrency exchange Binance, says a price of $16,000 per Bitcoin will happen “soon-ish,” in a tweet sent on Nov. 1. Zhao explains that price predictions…
Read more
If a stablecoin is truly stable, why is a futures contract needed, as there is no risk to hedge? OKEx, the world’s fifth-largest crypto exchange, announced on Oct. 29 plans to launch Tether (USDT) futures trading, featuring a linear contract with leverage of up to 100x. Stablecoin futures, the exchange said, offer a simpler and…
Read more
Even though cryptocurrency exchanges claim to not call them listing fees, they still accept payments before adding tokens to their platforms. Visit the website of any stock exchange platform, like the Nasdaq or the New York Stock Exchange, and the listing fees for new companies are there to see. There is hardly any controversy when…
Read more
Non-custodial decentralized exchange Dolomite announced that it will add margin trading with stop-loss orders. Non-custodial decentralized exchange (DEX) Dolomite announced that on Nov. 4 it will add a margin trading with stop-loss orders. The company explained in a press release shared with Cointelegraph that — while its current exchange is based on the Loopring protocol…
Read more
Monero (XMR) futures trading launched by a regulated Dubai-based BTSE cryptocurrency exchange that says it wants to “spark a conversation.” Dubai-based multi-currency and spot/futures exchange, BTSE, unveiled its Monero (XMR) futures trading, Oct. 31. The move makes it one of the first and only exchanges offering futures contracts on the privacy-focussed cryptocurrency. Bucking the trend…
Read more
Lawyer Jake Chervinsky raised the question of whether exposing the public to risks with KYC requirements is worth enduring the risks. In the aftermath of the recent BitMEX data leak, lawyer and general counsel at decentralized finance startup Compound Finance Jake Chervinsky raised the question of whether exposing the public to data risks that Know…
Read more
Binance.US announced that the exchange will now offer its customers the possibility to purchase cryptocurrencies with a debit card. Customers of the United States-based branch of major crypto exchange Binance, Binance.US, can now purchase cryptocurrencies using their debit cards. In a blog post on Nov. 1, Binance.US announced that the exchange will now offer its…
Read more
CEO of the Zimbabwean Golix cryptocurrency exchange claims to have lost the password to a cold wallet containing 33 Bitcoins. Tawanda Kembo, the founder and CEO of the Zimbabwean cryptocurrency exchange Golix, claims to have lost the password to one of the exchange’s Bitcoin (BTC) cold wallets. On Nov. 1, local news daily iHare reported…
Read more
