Financial Industry News
The company behind derivatives exchange BitMEX is increasing the grant it pays to one of the developers responsible for keeping the Bitcoin Core protocol up and running. HDR Global Trading said in a post on Tuesday that it had increased the grant it was paying to Michael Ford, also known by his handle “fanquake,” from […]
Continue ReadingMajor cryptocurrency exchange and wallet provider Huobi has partnered with decentralized crypto lending platform Cred to enable users to earn interest on their holdings. An announcement on April 1 revealed that Cred’s lending and borrowing services will be fully integrated into the Huobi Wallet, which supports over 1,000 crypto assets, including 8 stablecoins, for users […]
Continue ReadingApril Fools’ Day is effectively canceled this year, with some nations prohibiting coronavirus-related pranks. But while such measures may be justifiable, they indicate our failure to assess whether a news source is reliable. The cancelation also indicates that we still don’t know enough about the coronavirus to separate fact from fiction. The coronavirus has canceled […]
Continue ReadingAn amended complaint against Ripple has been filed by XRP investors in a long-running lawsuit involving allegations of breaches to U.S. securities law. The two-year class-action – which claims Ripple, a blockchain payments infrastructure firm, violated securities rules with its sales and marketing of the XRP cryptocurrency – has been refiled with additional claims to […]
Continue ReadingMount and Blade 2: Bannerlord developer TaleWorlds responds to a fan question about a console release. The PC game is the biggest Steam release of 2020. However, Mount and Blade 2 won’t be released on consoles soon as it tries to avoid a launch disaster like Last Oasis’. On Twitter, Mount and Blade 2: Bannerlord […]
Continue ReadingAfter inadvertently advertising Bitcoin (BTC) last week, United States President Donald Trump has now hinted that he expects oil to crash to just $9. In a press conference on March 31, Trump reiterated what has become a penchant for lower oil prices. Trump: $9 could “get you what you wanted” He was speaking amid talks […]
Continue ReadingCoronavirus cases have started spiking in India. Doctors fear the disease will sweep the country. Lack of protective equipment and hunger pose more challenges. As India completes the first week of a 21-day lockdown to contain the spread of the novel coronavirus, a few teething challenges are coming to the fore. First, it has become […]
Continue ReadingAn icy mountain in Norway’s Svalbard – an all but inhabitable, Arctic archipelago covered in glaciers and inhabited by polar bears – is an unlikely safe haven for cryptocurrency code, let alone a pillar of modern-day civilization. But it’s here, 250 meters underground in a forsaken coal mine, that GitHub has chosen to store reams […]
Continue ReadingOnline purchases using Bitcoin (BTC), Visa, and some retail apps are down for the first quarter of 2020, spanning cryptocurrency and fiat currency transactions. With many around the world self-quarantining or otherwise recommended to stay inside to prevent the spread of COVID-19, one might assume there would be an increase in online purchases and deliveries. […]
Continue ReadingInstitutional traders have long known the benefits of derivatives trading, including leverage and hedging. By trading options markets, one can predetermine maximum gains and losses, even with volatile assets like Bitcoin (BTC). Despite being far more complex, such instruments allow traders to generate gains independent of what happens over the next weeks or even months, […]
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