Tagged: tether

P2P Bitcoin, Ethereum Exchange Paxful Denies there Was Data Leak, Confirms User Data and Funds Remain Safe

A recent post on Raidforums, a marketplace for purchasing and selling stolen data, has claimed that it has the personal details from millions of users on Paxful, a leading peer to peer Bitcoin (BTC) and Ethereum (ETH) exchange. However, Paxful‘s management stated that they’re false… Read More

Report on Tether Stablecoin Says it is Backed One to One with the US Dollar

In a post on its site, Tether Holdings Limited said a recent assurance opinion by Moore Cayman confirms that “information in the company’s Consolidated Reserves Report is accurate.” The report, a snapshot document from February 28, 2021, indicates that at that time Tether effectively held… Read More

Binance Introduces Special Program for Tether (USDT) Margined Quarterly Futures, Hires Former FATF Execs

Digital currency exchange Binance is celebrating the launch of Tether (USDT)-margined quarterly futures contracts by introducing a related Referral Bonus Campaign with their affiliate community beginning on April 1 (00:00 UTC) to June 30 (11:59 UTC), 2021. The Binance team noted that a 30% commission… Read More

Pankaj Balani: Delta Exchange CEO Predicts that Crypto Derivatives will Grow Significantly in Coming Years, but 2021 Is the Year of Options

We recently connected with Pankaj Balani, Co-founder and CEO at Delta Exchange, an established digital assets derivatives trading platform. Delta Exchange offers cryptocurrency futures and derivatives trading across Bitcoin and major altcoins with up to 100x leverage. As previously reported, the company aims to support… Read More

P2P Bitcoin Exchanges Paxful and LocalBitcoins Report Steady Growth of Global Operations including Asian Markets

LocalBitcoins, a peer to peer BTC exchange service, notes that Bitcoin is “swooping” over the world and Asia is now at “the center” of all the action. LocalBitcoins writes in a blog post that this should come as no surprise given all the opportunities Bitcoin… Read More

New York AG: Bitfinex to Stop Trading with New York Residents, Pay Penalty and Add Disclosure. Bitfinex Thanks AG’s Office for their Cooperation and Professionalism

Letitia James, Attorney General of New York, says that Bitfinex must stop allowing trading for New York investors. The AG says that Bitfinex’s activities are “illegal” in New York.  The agreement requires Bitfinex and Tether to discontinue any trading activity with New Yorkers while paying… Read More

Digital Asset Savings Platform ICONFi Introduces Mobile App for Bitcoin, Ethereum, USDT, ICX Trading

Crypto-asset savings platform ICONFi has introduced its mobile app on Android and iOS. As confirmed in a release shared with CI, available globally, ICONFi aims to offer simple, flexible, and fixed earning products that allow investors to grow and diversify their digital asset holdings. The… Read More

DeFi Platform Yearn.Finance’s DAI Vault Suffers Major Exploit, Hack Leads to $11 Million in Value Drained from Platforms

On Thursday (February 4, 2021), an unknown entity reportedly stole $2.8 million from a shared digital or online vault via the investment platform Yearn.Finance. The hacker(s) exploited the vault using Aave, a decentralized finance (DeFi) platform that lets investors make flash loans. These DeFi solutions… Read More

Decentralized Credit System OScore will be Combined with New Inclusive Pool to Give Lenders Insight into Users’ Creditworthiness

High-performance blockchain platform Ontology has introduced an “Inclusive Pool” – which is the platform’s first (decentralized finance) DeFi product based on OScore. Since recently launching OScore, the “decentralized” credit system implemented on Ontology’s DeID, the team at Ontology has been working towards adding a new… Read More

Australia: Online Capital Raising Platform Stax Claims First Offering to Accept Crypto, Plans Float on Sydney Stock Exchange

Stax, an online capital formation platform, is claiming to be the first marketplace in Australia to receive investments paid in crypto in advance of an initial public offering (IPO). Stax seeks to crowdfund offerings with both AUD and crypto. West Coast Aquaculture Group Ltd (WCA)… Read More

Ethereum (ETH) Transaction Fees Keep Falling After Major DeFi related Ecosystem Growth, Bitcoin (BTC) TX Fees Surge: Report

Bitcoin (BTC), the flagship cryptocurrency, has again surged past the $11,000 mark as US stimulus talks begin and institutions start to allocate more funds to the leading digital asset. As noted by the OKCoin team, Bitcoin has managed to break out this past week, after… Read More

Digital Asset Exchange Bitfinex Introduces Staking Rewards for Cardano (ADA)

Bitfinex, a major digital asset exchange, will be introducing staking rewards for ADA, the native crypto token of Cardano, a blockchain-based platform for developing decentralized applications (dApps). According to the Cardano team, which is led by its founder Charles Hoskinson, the distributed ledger tech (DLT)… Read More

EOS, Chainlink (LINK), Tezos (XTZ), Cardano (ADA) Futures Contracts to Launch on Crypto Derivatives Exchange BitMEX

The Bitcoin Mercantile Exchange (BitMEX), a leading cryptocurrency derivatives trading platform, will be offering four new altcoin/USDT underlying “quanto” futures contracts for EOS, Chainlink (LINK), Tezos (XTZ), and Cardano (ADA). These new contracts are being introduced in order to expand the exchange’s existing altcoin (or… Read More

Digital Asset Exchange Huobi to Launch Decentralized Finance Mining Campaign

Huobi Global, a leading digital asset company, will be launching a decentralized finance (DeFi) mining campaign with Phase I, which will involve staking Huobi Token (HT) and the Huobi Pool Token (HPT). Huobi noted that users may stake tokens so that they can share mining… Read More

Delta Exchange, a Crypto Derivatives Trading Platform, Introduces Calendar Spread Contracts on Bitcoin (BTC) Futures

Delta Exchange, a cryptocurrency derivatives trading platform that’s not regulated in any jurisdiction, revealed on August 27, 2020, that it will be offering calendar spread contracts on Bitcoin (BTC) futures. Calendar spread trading for Bitcoin or BTC futures is scheduled to begin on Delta Exchange… Read More

Ethereum (ETH) Price and Transaction Fees Keep Rising, as Blockchain Network Prepares for Major ETH 2.0 Upgrade

The number of transactions conducted on the Ethereum (ETH) blockchain have increased by over 2x in 2020, when compared to last year. The world’s second-largest blockchain (behind only Bitcoin) is now handling around the same number of transactions as it did back in January 2018,… Read More

Crypto Derivatives Exchange OKEx CEO Jay Hao Reveals that Bitcoin (BTC) and Gold Correlation Increased during COVID-19

Jay Hao, CEO at OKEx, one of the world’s largest cryptocurrency exchanges, notes that the US dollar “drop” and the Bitcoin (BTC) surge recently occurred at the same time. Hao points out that there’s been a regular downward adjustment of interest rates on US Treasury… Read More

Compliant Cryptocurrency Derivatives Exchanges Accounted for Only 1% of the Trading Volume of the Sector During Q2 2020 with $21.62 Billion in Reported Volume

The overall performance of the nascent cryptocurrency market during Q2 2020 was not as good as it was when compared to the previous quarter. According to Token Insight, the main reason for the relatively poor performance this past quarter may be attributed to very little… Read More

Chainalysis Introduces New Website, Market Intel, which gives Digital Asset Managers and Regulators Access to Meaningful Insight about Crypto Activity

Leading blockchain analysis firm, Chainalysis, which recently secured $49 million in capital through a Series B round, announced on July 27, 2020, that it has launched Market Intel, its newly designed website for asset managers and regulatory agencies. The new site may be used to… Read More

Digital Asset Investment App Provider Abra Launches Interest Accounts Offering Up to 9% Interest per Annum on Deposits

Abra, the provider of a digital asset investing app, revealed on July 28, 2020, that it has launched new Abra Interest Accounts that offer investors an opportunity to earn as much as 9% interest p.a. on their crypto deposits and certain USD backed stablecoins. As… Read More

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