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 »OKEx Surpasses CME in Launching Bitcoin Options Trading
Cryptocurrency exchange OKEx announced it decided to launch Bitcoin options trading by the end of this year.According to the announcement, the Malta-based exchange currently offers spot trading meaning purchase or sale of foreign currency, financial instrument or commodity for instant delivery on a specified spot date. It also offers futures trading and both of it in cryptocurrencies, A per the company, starting cash-settled options trading in BTC/USD pair begins on December 27 due to...
Read More »Binance Is to Come Out as a Winner Because of Decentralization
Recently we wrote about how there were some media rumors about Binance having shutdown its Shanghai following a police raid. It was then reported that Binance has relocated its 100-member Shanghai team to other offices in Singapore.However, shortly after, we reported of Binance spokesperson refuting all the claims and media reports saying that any police raid on Binance’s Shanghai office actually did not happen.Nevertheless, the story needs its closure, but also, an explanation, at least if...
Read More »Binance Shanghai Office Reportedly Shut Down after Local Police Raid
Recent reports currently suggest that one of the world’s largest cryptocurrency exchanges, Binance, has had its Shanghai office shutdown causing its many staff members to either work remotely or even completely abandon China and move to Singapore. According to sources familiar with the matter as cited by The Block, there is currently no fully functioning Binance Shanghai anymore.The cited sources have also added that the office was recently raided by police in the area, for unknown reasons....
Read More »CryptoCompare Releases New Exchange Benchmark Report With Quite a Few Surprises
In what seems to be a weird turn of events, top cryptocurrency data and assessment firm CryptoCompare has released its data for cryptocurrency exchange rankings and there are a few surprises in its benchmark report. Firstly, Binance has been dropped from its top ten rankings which comes as a shock as it is currently in the top three cryptocurrency exchanges in terms of the trading volume. Secondly, most of the popular cryptocurrency exchanges didn’t receive the expected rankings as only...
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 »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 »OKEx and Blockchain Transparency Institute Spar Over Alleged Wash Trading
Accusations of wash trading from the Blockchain Transparency Institute (BTI) have prompted OKEx's CEO to challenge BTI to a wager, which has opened up an entirely new can of worms. Wash trading, a form of market manipulation, is often used to create artificial marketplace activity to draw in more investors. Last week, a report from BTI alleged that 90% of OKEx exchange's volume was falsified via wash trading. Today, OKEx CEO Jay Hao invited researchers to partake in a bet. Hao staked 100...
Read More »Ethereum Classic has Successfully Completed the Atlantis Hard Fork
Photo: ShutterstockEthereum Classic has completed its long-awaited hard fork named Atlantis. The network hard forked at block height 8,772,000 and implemented new upgrades to the blockchain.The #EthereumClassic network successfully upgraded today on block 8,772,000. This upgrade, nicknamed “Atlantis”, includes features on #SpuriousDragon and #Byzantium EIPs from the #Ethereum blockchain.https://t.co/lKHgphlNU9 via @MyEtherplan— Ethereum Classic (@eth_classic) September 12, 2019As Coindesk...
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