Photo: BitBay / TwitterBitBay has become the latest major cryptocurrency exchange to create an Initial Exchange Offering (IEO) launchpad. IEOs have surged in popularity in recent years, largely replacing the ICO funding model. BitBay’s new platform will launch on November 18, with users given the chance to buy IEO tokens directly via EURO, USD, GBP and Polish Złoty. With 245 IEOs having taken place in the past few years, BitBay may be late to the party – but the exchange hopes to hit the...
Read More »BitMEX Reveals Some Users’ Email IDs Making Amateurish Mistake
Cryptocurrency derivatives exchange BitMEX sent a mass email to its users on Friday with all of their email addresses in the “To” field. Usually, when you are sending a mass e-mail and you want to protect other users’ privacy, you put their e-mail addresses in the so-called blind carbon copy or BCC field. That’s how the other users’ e-mail addresses stay hidden from everybody else. This way, by not putting the names in the BCC field but in an amateurish manner dividing them by the comma,...
Read More »Will AOFEX Become a New Leading Exchange?
With the development of blockchain, the competition between various fields has become very fierce. As one of the few traffic entrances of blockchain, exchanges have always been such places for strategists to fight for, and their competition has already entered a serious stage. Moreover, even under the attack of three giants, namely, Binance, Huobi and OKEx, there are still many new trading platforms constantly showing their heads, injecting more innovative and fresh elements into this already...
Read More »CoinGecko Launches Section for Crypto Derivatives with Futures Next in Line
Photo: CoinGecko / InstagramCoinGecko, a coin market ranking chart aggregator that provides a fundamental analysis of the crypto market, has announced it is preparing to roll out its own section for monitoring cryptocurrency derivatives. According to the company, its offering will be the first of its kind.Announcing: CoinGecko Derivatives! ??At a glance, you'll see aggregated data for the derivatives market including pricing, funding, open interest, volume and more!Currently covering over...
Read More »Huobi to Launch Fiat Platform with Lira-Tether Pairing in Turkey in Q4 2019
Huobi, a leading global crypto exchange, announced that it plans to launch a fiat gateway in Turkey. If successful, the platform may increase access to over 250 digital tokens for the local investors.Mohit Davar, Huobi’s EMEA regional president, is convinced that this will prove to be a worthwhile investment. He said that the move has come amidst Turkey’s efforts to set up a clearer legal infrastructure for the cryptocurrency market. Reports show that many people in the country already hold...
Read More »New Defi Project Kava to Launch its Token on Binance Launchpad
It is announced that the decentralized finance (Defi) platform Kava is set to sell its tokens on the Binance Initial Exchange Offering (IEO) platform popularly referred to as Binance Launchpad. The event will start on the 23rd of October, 2019. The sales will involve a lottery and an airdrop. The IEO will feature the KAVA token at $0.46 and will also include 6.52% of the total tokens available. The event will also include an airdrop of $150,000 with a total of 326,087 tokens for the event....
Read More »Harmony and Huobi Cross Paths in Asia
Huobi, a leading cryptocurrency exchange, and Harmony, a throughput scalable blockchain consensus platform have announced a partnership to list Harmony’s native token and work together with a focus on Asian markets.Harmony will be the first Binance IEO project to be launching on the Huobi exchange.According to the Huobi announcement, Harmony’s token, under the ticker ONE, is now available for trading in three pairs: ONE/BTC, ONE/USDT & ONE/HT.In anticipation of the listing on Huobi...
Read More »Could Tether Be the World’s Most Used Cryptocurrency Ahead of Bitcoin?
What is the most used crypto in the world today? Many may think that it is Bitcoin since it accounts for over 67% of the digital-asset world’s market value. They could be wrong. Although dependable figures on trading volumes are rare to come by in the unpredictable crypto finance world, CoinMarketCap.com data shows some interesting reports.The token that has the highest daily and monthly trading volume is Tether that has a market capitalization that is over 30 times smaller than Bitcoin....
Read More »Huobi Reportedly Plans a Backdoor IPO on the Hong Kong Stock Exchange
Photo: ShutterstockOver the last one month, cryptocurrency exchange Huobi has been flexing its muscles to launch its IPO. The latest filing documents suggest that Hubo is planning for a backdoor entry to the Hong Kong Stock Exchange (HKEX).The filing dated September 10, mentions Hong Kong-based electronics manufacturer Patronics Holdings Ltd. Huobi acquired this company last August and has renamed it to Huobi Technology Holdings Ltd. Upon its acquisition, Patronics transferred over 220...
Read More »