How to long and short with margin trading
Level up your crypto trading game with margin trading steps to turn market ups and downs into your winning moves while navigating involved risks.
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UK-Based Global Funds Network Calastone Switches Entire System to Blockchain
London-based global funds network Calastone announced that it switched its entire system for fund trade clearing services to its blockchain Distributed Market Infrastructure (DMI) in a press release published on May 20.Per the release, the migration of the company’s over 1,800 customers over 41 markets “represents the largest community of global financial services organisations connecting…
Conservative U.S. Think Tank Denies Need for Federal Digital Currency
Conservative United States think tank the Heritage Foundation argues that instead of launching a central bank digital currency (CBDC), the government should ensure that the public can use the currencies they prefer, including private ones.In a commentary piece published on Feb. 12, the Heritage Foundation notes that Facebook’s Libra global stablecoin project “is just the…
Coinbase users can choose to deposit paychecks directly to accounts
Customers will have the option to deposit "as much or as little" of their paychecks as they want in the feature rolling out in the next few weeks. 456 Total views 6 Total shares Coinbase will soon allow United States businesses to deposit employees’ paychecks directly into accounts at the cryptocurrency exchange.In a Sept. 27…
Crypto survived worse than the fall of FTX: Chainalysis
According to Chainalysis, the downfall of FTX is likely to have a relatively smaller effect on the crypto ecosystem than the demise of Mt. Gox. 644 Total views 5 Total shares Blockchain analysis firm Chainalysis has compared the fall of Mt. Gox to FTX to determine how FTX’s bankruptcy will impact the ecosystem.It concluded that…
Hackers Breach Smart Contract on Ethereum-Based Adult Entertainment Platform SpankChain
Ethereum-based adult entertainment platform SpankChain has suffered a smart contract security breach that led to loss of around $38,000, the firm reported on its Medium page Oct. 9.The hack, which purportedly took place Oct. 6, was detected by SpankChain a day after, and was announced today in a post entitled “We Got Spanked: What We…
Bitfinex Confirms Initial Exchange Offering to Raise Up to $1 Billion in Tether
Embattled cryptocurrency exchange Bitfinex confirmed it would conduct a $1 billion so-called initial exchange offering (IEO) in a whitepaper issued on May 8.Bitfinex, which faces ongoing legal scrutiny from authorities who accuse it of losing $850 million, had hinted it would seek to sell its own tokens earlier this month.The release of a formal whitepaper…
Bitso to assist the launch of El Salvador’s official Bitcoin wallet Chivo
Bitso, a major cryptocurrency exchange in Latin America, will be the core crypto service provider for El Salvador’s official Bitcoin (BTC) wallet known as Chivo.In conjunction with Bitcoin becoming legal tender in El Salvador, Bitso announced on Sept. 7 that the firm would assist El Salvador in launching the state-supported BTC wallet alongside companies like…
When Will Bitcoin Join the DeFi Revolution?
As of early February, more than $1 billion U.S. dollars of assets reside in decentralized finance protocols, commonly called DeFi protocols. DeFi protocols and platforms offer crypto holders sophisticated financial tools that were unavailable to them just a year or two prior, but the rapid evolution and speedy adoption of DeFi has left some observers…