CoinspeakerUAE’s Stable Politics Foster Crypto-Friendly Environment over US, Says Komodo CTO The Komodo exec said the UAE is doing a lot more than the US is, to facilitate crypto adoption by supporting businesses. UAE’s Stable Politics Foster Crypto-Friendly Environment over US, Says Komodo CTO
Read More »BitMEX Unites Forces with PowerTrade to Launch Deribit Challenger
CoinspeakerBitMEX Unites Forces with PowerTrade to Launch Deribit Challenger BitMEX said its options trading platform will offer a full range of institutional-grade options for digital assets. BitMEX Unites Forces with PowerTrade to Launch Deribit Challenger
Read More »Crypto Veterans Secure $28 Million in Funding Round for Arbelos Markets Led by Dragonfly
CoinspeakerCrypto Veterans Secure $28 Million in Funding Round for Arbelos Markets Led by Dragonfly Currently, Arbelos operates offshore through the British Virgin Islands. The company is also seeking a regulatory license from financial authorities in the region to enable it to operate without restrictions in compliance with local laws. Crypto Veterans Secure $28 Million in Funding Round for Arbelos Markets Led by Dragonfly
Read More »Open Interest in Bitcoin Perpetual Futures Hits New Yearly Record on Deribit Exchange
The Deribit exchange has recorded a new yearly high for Bitcoin perpetual futures open interest, a record not seen since BTC’s ATH. The amount of open interest in Bitcoin perpetual futures on the Deribit derivatives exchange has hit a new high of $740 million. This impressive level was last seen in November 2021 when Bitcoin hit its $68,000 all-time high. As of this writing, open interest in Bitcoin perpetual futures has fallen to $717 million. A rise in open interest in Bitcoin perpetual...
Read More »Deribit Introduces Linear Options for SOL, XRP, and MATIC
Beyond its crypto options offerings, the exchange has set its sights on obtaining a brokerage license in the European Union (EU). Deribit, one of the world’s leading crypto options exchanges, has recently made a significant announcement that it is set to introduce options contracts linked to three prominent alternative cryptocurrencies: XRP, Solana (SOL), and Polygon (MATIC). This expansion initiative comes on the heels of Deribit’s continued efforts to cater to the evolving needs of...
Read More »Deribit Launches Zero-Fee Spot Trading
The new spot trading feature will have zero maker and taker fees, meaning there will be no margin for the exchange. Deribit, the world’s largest crypto options exchange, is expanding its offerings by launching its zero-fee spot trading. Per the announcement, the company will launch a zero-fee spot exchange by April 24. With this development, Deribit now offers a full spectrum of trading opportunities to its clients. The move comes shortly after Binance ended its zero-fee spot trading...
Read More »Coinbase Extends Its Commitment to Canada, Binance Plans to Exit
Amid the tightening of regulatory rules in Canada, crypto exchanges are contemplating whether to continue their operations or exit from the country. Similar to the United States, regulators in Canada have been tightening their grip on crypto firms operating in the region. Amid this intense regulatory environment, several exchanges have planned to move out of the country. However, crypto exchange Coinbase would prefer to continue its operation in Canada. A person familiar with the matter...
Read More »Deribit Eyes Dubai Amidst Global Expansion Plans: Report
Crypto exchange Deribit is planning to move its main headquarters to Dubai as soon as the third quarter of this year. The Bloomberg report suggests that the new office will be staffed by a team of 10 people comprising both domestic hires alongside the exchange’s core employees. Roles in management, compliance, and support will be housed in the Dubai office. According to Deribit Chief Legal, Compliance, and Regulatory Officer David Dohmen, some employees will continue to be...
Read More »Crypto Firm Deribit Hacked; Nearly $30 Million Gone
It’s happened again, folks. Another digital currency hack is in the books. This time, the victim is Deribit, a cryptocurrency exchange based in the Central American nation of Panama. Deribit Has Lost a Lot of Money At the time of writing, as much as $28 million in crypto assets have been stolen. The exchange confirmed the incident in a tweet a few weeks ago, claiming that it’s BTC, ETH, and USDC hot wallets had been compromised by malicious actors and inherently drained of the units they...
Read More »Deribit Loses $28M in Hack, Halts Withdrawals Temporarily
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