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Monthly Archives: December 2021

5-ways-derivatives-could-change-the-cryptocurrency-sector-in-2022
Cointelegraph Feed

5 ways derivatives could change the cryptocurrency sector in 2022

We‘ve all heard stories of billion-dollar future contracts liquidations being the cause of 25% intraday price crashes in Bitcoin (BTC) and Ether (ETH) but the truth is, the industry has been plagued by 100x leverage instruments since BitMEX launched its perpetual futures contract in May 2016.The derivatives industry goes far beyond these retail-driven instruments, as…
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Ftx-us-to-offer-crypto-derivatives-and-nft-services-to-customers
Cryptocurrency News Feeds

FTX US to Offer Crypto Derivatives and NFT Services to Customers

FTX US, the United States division of global cryptocurrency exchange, FTX.com, revealed today that its customers will soon be able to access crypto derivatives and non-fungible token (NFT) services on the platform. According to Brett Harrison, the president of FTX US, the exchange is building a self-hosted wallet that will support FTX NFTs and NFT…
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3-reasons-why-convex-finance-surged-215%-in-december-to-hit-new-all-time-high
Cointelegraph Feed

3 reasons why Convex Finance surged 215% in December to hit new all-time high

The growth of the stablecoin sector within crypto has been one of the most impactful developments of  2021. In particular, stablecoins became integral to the expanding decentralized finance (DeFi) ecosystem as their total value eclipsed $162 billion, according to CoinMarketCap.One project that has seen its token price surge thanks to its focus on stablecoins and…
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Marathon-digital-purchased-additional-78,000-bitcoin-mining-machines-for-$900m
Cryptocurrency News Feeds

Marathon Digital Purchased Additional 78,000 Bitcoin Mining Machines for $900M

One of the largest cryptocurrency mining companies – Marathon Digital Holdings – bought 78,000 Antminer S-19 XP Miners from the Chinese manufacturer – Bitmain. To acquire the equipment, the firm spent nearly $900 million. Marathon Deepens Its Mining Efforts According to the filing with the Securities and Exchange Commission, Marathon Digital Holdings (NASDAQ symbol: MARA)…
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Marathon-bought-78,000-bitcoin-miners-for-$879-million
Bitcoin Magazine Feed

Marathon Bought 78,000 Bitcoin Miners For $879 Million

The mining company expects to have 199,000 active machines outputting 23 EH/s by early 2023.Marathon Digital Holdings, a publicly-traded bitcoin mining company, last week announced a “record purchase” of Bitmain ASIC rigs, which according to a Tuesday filing with the Securities and Exchange Commission (SEC) will cost over $879 million and increase the miner’s fleet…
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Coinone-will-stop-withdrawals-to-unverified-external-wallets
Cointelegraph Feed

Coinone will stop withdrawals to unverified external wallets

The exchange plans to verify users’ names and resident registration details to ensure crypto transactions were “not used for illegal activities such as money laundering.” 590 Total views 24 Total shares South Korean crypto exchange Coinone has announced it plans to no longer allow withdrawals of tokens to unverified external wallets starting in January.In a…
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