CoinMarketCap Opens Up On the Binance Acquisition

Executives of CoinMarketCap have released an open letter discussing the Binance acquisition. In it, soon-to-be CEO Carylyne Chan seeks to reassure users that the website will remain independent, and will put greater efforts into offering more services. New Chief Executive Officer Addresses User Concerns The reportedly $400 million purchase came as a surprise to the […]

Continue Reading

Huobi Launches Bitcoin Perpetual Swaps with 125x Leverage

Singapore-based Huobi is the latest crypto exchange to launch perpetual swaps. The new product is live on Huobi DM, the company’s derivative trading platform. New Product Allows Traders to Benefit from Market Volatility BitMex-like future contracts with no expiry times, commonly referred to as perpetual swaps, are becoming increasingly popular among crypto exchange firms. Last […]

Continue Reading

Binance to Open Office in Shanghai – Yes, Really

It looks as if Binance has gone ahead and achieved the impossible. In a landmark move, CEO Changpeng Zhao (CZ) announced that Binance Academy will officially set up an office in Shanghai. Binance reaches ‘Milestone’ with Office in Shanghai Taking to Twitter today, CZ applauded the achievement of the Binance Academy team. They were able […]

Continue Reading

Huobi, OKEx Offer Angry Crypto Traders Compensation

Huobi and OKEx have announced that they will be compensating traders who lost funds due to system failure during the crypto market crash two weeks ago. Huobi Calms Down Unsatisfied Traders Crypto exchanges were not prepared for the crypto crash on March 12, and some platforms encountered temporary technical difficulties. Huobi and OKEx were among […]

Continue Reading