Major crypto exchange giant Binance has announced that it is launching a new perpetual contract product through its futures trading platform – Binance Futures. The new contract, which pairs EOS with Tether’s USDT is the platform’s fifth one.According to an official announcement on the Binance website, the new contract launched at 8:00 AM (UTC) on Wednesday, January 8. Also, Binance Futures is offering users up to 75x leverage.Binance also put a pricing limit of ±1% on the mark price, to...
Read More »Poloniex Demands Action from Customers Following Security Breach
U.S. cryptocurrency exchange Poloniex has suffered a data leak and is enforcing a mandatory password change for all its users to prevent hackers from gaining access to their accounts.Poloniex Is Warning All Its UsersThis seems to happen a lot in the crypto world. Either it’s people’s money that’s vulnerable, or it’s their private data. Either way, it looks like Poloniex has put out a message to all its customers demanding that they change their passwords immediately to prevent cyberthieves...
Read More »Binance Partnership With FTX Exchange: Follows In The Footsteps Of BitMEX In Futures Trading
Binance continued its growth this year by completing a strategic investment in the cryptocurrency derivatives exchange FTX. By working together and delivering mutually beneficial products, the community wonders if both companies can actually be disrupting the dominance established by other exchanges on the futures market.Binance Invests In FTXThe largest cryptocurrency exchange by volume, Binance, announced yesterday its strategic investment in the crypto derivatives exchange FTX. Both...
Read More »Top 7 Referral Programs in Crypto Trade: Where to Go and What to Expect
When some folks claim they’re into cryptocurrencies because of the thrill of the blockchain… well, they’re lying for the most part. Or at the very least not revealing everything. All things aside, it’s about the profits. How can I make money? How can I do it fast? How can I do it legitimately and securely?Whereas media sources nowadays bombard their readers and viewers with a zillion ways to make a quick buck by trading, exchanging, and investing into cryptocurrencies, there exist other, more...
Read More »Early BitMEX Investor Files Suit Against the Platform
BitMEX – one of the world’s largest and most prominent bitcoin and cryptocurrency exchanges – is being sued by one of its early investors over potential fraud and lost equity.BitMEX Is In Trouble All Over AgainThe plaintiff in this case is a former JPMorgan derivatives trader named Frank Amato. He and his company RGB Coin are looking to garner $300 million in restitution from BitMEX and its head executive Arthur Hayes, who also owns a company called HDR Global Trading.Amato claims he was one...
Read More »#771 BitMex 300 Mio Klage, Gefahr durch Stablecoins & Darknet ICO in Russland
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 771. Heute sprechen wir über folgende Themen: BitMex 300 Millionen Dollar Klage, Digitales Wettrüsten der Stablecoins & Russlands globale DarkNet Expansion durch ICO. 1.) BitMex Anklage: Seed Investor fordert 300 Mio. Dollarhttps://cryptomonday.de/bitmex-anklage-seed-investor-fordert-300-mio-dollar-von-exchange/ 2.) Digitales Wettrüsten: Kann die EU noch...
Read More »Early Investor Files A $300M Lawsuit Against BitMEX
One of the most popular Bitcoin margin trading exchanges, BitMEX, and its founder, Arthur Hayes, are being sued as per a recent report. The case is for $300 million, and it has been brought up by an early investor, who says he has been stiffed by the company.Law Case Against BitMEX For $300 MillionAccording to a recent report, one of the leading Bitcoin margin trading exchanges, BitMEX, has been taken to court by an early investor. Frank Amato and RGB Coin LTD have filed the suit on December...
Read More »Have a Look at the Most Valuable Companies in Crypto Space
Many things have been said about the champions who have been at the forefront of making things happen in the crypto space but not much has been known about them. The list below and the descriptions indicate the biggest companies in the industry not only by valuation and capitalization but also by goodwill and corporate presence both online and offline as well. They shall be listed in no particular order of preference. Ripple (Valuation of about $5 Billion)Many people have heard one way or the...
Read More »Huge Responsibility: Coinbase Holds Almost 1 Million Bitcoins
The largest cryptocurrency exchange in the U.S., Coinbase, reportedly holds the biggest amount of bitcoins. It has 966k BTC, which is a substantial lead over the other exchanges, as per a recent report. BitMEX and Bitstamp are completing the top three, with 265K and 229K respectively.Coinbase Stores The Most BitcoinsThe largest US-based cryptocurrency exchange, Coinbase, stands alone in an intriguing statistics regarding Bitcoin storage. Established in 2012, the exchange has accumulated over...
Read More »Bitcoin Price Drops to $7,500 and $180M Worth of BTC Longs Liquidated on BitMEX
Bitcoin price is still falling which causes a lot of worries among the traders. As on BitMEX and Bitstamp, it fell below $7,400, it has now seen its lowest points in the last four weeks and has crashed 50 percent since it’s year-long high in June.The crypto market, like any other financial market, is subject to price changes and swings at certain times but it has become rather interesting to watch over the years. In its initial stages, it was predicted that Bitcoin and other cryptocurrencies...
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