Tag Archives: Exchange News

Huobi Futures – a crypto derivatives market of Huobi Group – is unveiling new bitcoin options trading, which will go live today on September 1.Huobi Opens BTC Options Trading for BusinessHuobi has been on a roll in 2020 during a time when most companies are likely suffering and taking on debt thanks to the growing coronavirus pandemic. Earlier this year, the company released a program known as Huobi Futures’ Perpetual Swaps as a means of giving traders a larger chance to hedge their wealth...

Crypto fraud, sadly, is running rampant throughout the digital space, and according to a new report, popular crypto exchange Binance – arguably the biggest cryptocurrency trading platform by daily volume – has seemingly been associated with a common form of ransomware known as Ryuk.Binance Is a Central Hub for Ryuk EnforcersRyuk has been around since 2018. Per data from the FBI, the ransomware may be responsible for a minimum of $61 million in theft since it first emerged roughly two years...

The Gemini Exchange in New York – founded by Cameron and Tyler Winklevoss of “The Social Network” fame – has announced that it’s turning to Eventus Validus to monitor all the trades that occur on its crypto platform to ensure safety and security for its customers.Gemini and Eventus Are Pairing UpEventus is a trade-surveillance and market risk solution manager for cryptocurrencies and other assets. Right now, Eventus is utilized by six other crypto exchanges and is also quite popular amongst...

Coinbase – one of the most popular cryptocurrency exchanges in the United States, as well as the world – has announced it will soon begin offering bitcoin and crypto-backed loans for customers to utilize.Coinbase Is Offering Bitcoin-Backed LoansCustomers can take out fiat loans against roughly 30 percent of the bitcoin they already have. While the loans themselves won’t necessarily be in bitcoin, they’ll certainly be backed by the digital asset. Coinbase is now one of the largest exchanges...

Adam Todd – CEO and developer of Digitex Futures, a cryptocurrency futures exchange that offers its customers zero fees – says that his company’s native cryptocurrency DGTX is slated to change the way individuals trade digital assets forever.DGTX Has a Unique Way of Bringing Traders to the TableHe says that the biggest thing that DGTX has going for it is that whoever engages in trading the asset will ultimately experience commission-free trades. That means there are no third parties that will...

Binance – the world’s largest and most prominent cryptocurrency exchange by market cap – has been experiencing a few problems over the past few days. It looks like one customer’s trading activities is responsible for sending the price of certain bitcoin futures up into the $100K range.Binance Deals with a Naughty CustomerBinance chief executive Changpeng Zhao explained in a tweet:Another day in crypto. A user’s [algorithm] went ballistic and sent multiple orders to achieve this.The good news...

It’s happened again, folks. Another cryptocurrency trading platform has been compromised by unseen malicious actors. This time, the victim is 2gether, a European crypto exchange that allows people to sell, buy and trade bitcoin and other digital currencies without incurring additional fees.2gether Is the Latest Exchange to Be CompromisedThe hackers made off with more than one million pounds-worth of digital assets. 2gether’s native coin, known as the 2GT token, was set to be released to the...

Cryptocurrency exchange Bitfinex is looking for a little help in recovering more than $1 billion in stolen bitcoin funds.Bitfinex: We Need Your Assistance!The company saw more than $1.3 billion in crypto mysteriously vanish from its platform in the year 2016. After four long years, the exchange is no closer to recovering the funds. Executives are hoping someone involved in the theft or someone with knowledge of the incident will come forward and lending a hand. Those that do will be privy to...

Diginex is establishing a new cryptocurrency trading platform in Singapore, which has become a recent hubbub of crypto activity in the last few years.Singapore Has a Growing Crypto MarketAt the time of writing, the platform is exempt from necessary licensing procedures, meaning it can operate without having all its paperwork in order. In addition, the company is planning a Nasdaq listing in the coming weeks, so traders should be on the lookout if they are also intrigued by more traditional...

Thailand is a growing cryptocurrency hub. The country has just approved six new cryptocurrency exchange licenses to permit the further growth of digital trading within the nation’s borders.Thailand Is the New Home of Crypto LoversAsian regions have long been huge cryptocurrency advocates. Despite a lengthy period of debate over whether to ban bitcoin and crypto mining, China eventually gave in and permitted the practice, citing that it’s effects on the environment were not as strong or as...