Robinhood suspends 24-hour trades for 8 hours
Robinhood’s 24-hour execution venue, Blue Ocean ATS, has its own risk controls to prevent stocks from trading more than 20%.
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High priced $80K Bitcoin options signal pro traders expect more upside
Bitcoin's recent price action and the increasing pace of institutional adoption suggest that traders betting on the June $80,000 Bitcoin call option will be handsomely rewarded. 2760 Total views 10 Total shares Betting on an $80,000 Bitcoin call options for June doesn't seem outrageous given BTC's bullish performance over the past few weeks. This was…
India to roll out CBDC using a graded approach: RBI Annual Report
Halfway through 2022, at the proof of concept stage, RBI is in the process of verifying the feasibility and functionality of launching a CBDC. 233 Total views 8 Total shares Further cementing India’s decision to introduce an in-house central bank digital currency (CBDC) in 2022-23, the Reserve Bank of India (RBI) proposed a three-step graded…
McDonald’s Instagram hackers make $700K shilling Grimace memecoin
Scammers hacked the official McDonald’s Instagram account to promote a sham memecoin based on the fast food giant’s mascot Grimace.
Binance launches its first customer service center in Turkey
Data shows that Turkey accounts for over 7% of the desktop browser access to Binance's primary platform. 361 Total views 8 Total shares Binance, the world's largest cryptocurrency exchange by volume, announced the launch of its customer service center, Cointelegraph Turkey reported.Binance picked Turkey, where it established a local entity roughly two years ago, as…
FTX resumes paying staff and contractors after weeks in limbo
Bankrupt crypto exchange FTX has announced it will be “resuming ordinary” cash payments, salaries and benefits to its remaining employees around the world.The announcement came from new FTX CEO John Ray III on Nov. 28, as the insolvency professional looks to help FTX and its approximated 101 affiliated companies (FTX Debtors) navigate their way through…
US lawmakers hold EU and UK as examples of crypto regulation in joint hearing
With the European Union coming closer to passing the Markets in Crypto Assets framework and Kraken in the process of investing in the United Kingdom, lawmakers are taking notice. 176 Total views 3 Total shares Some members of the United States House of Representatives’ Financial Services and Agriculture Committees pointed to crypto asset frameworks being…
Ethereum Price (ETH) Has Surged 92% in 2020 With Targets Set on $300
For the second time in two weeks, Ether price (ETH) has notched a new 2020 high. This time the surge from $217.83 to $253.79 occurred as Bitcoin’s (BTC) price reversed course from $9,700s and rallied to a new high at $10,346.83. As Bitcoin rallied on Feb. 12, many altcoins pulled back in their BTC pairs but…
Luna Classic (LUNC) pricing error leads to Mirror Protocol exploit
An error on the pricing oracle software for Terra Classic validators opened the door for an exploiter to drain four synthetic asset pools from the Mirror Protocol. 1027 Total views 26 Total shares A mismatch in the reported price of underlying assets on synthetic assets DeFi platform Mirror Protocol has caused an ongoing exploit that…