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 …

OKEx Now Lists Orchid (OXT) Token, Spot Trading to Go Live on March 30, 2020

The leading global cryptocurrency derivatives and spot exchange platform OKEx has announced the addition of Orchid (OXT) token to its list of tradable crypto-assets. The utility token is designed for use on the Ethereum blockchain-based Orchid peer-to-peer open marketplace for buying and selling VPN bandwidth. The deposits and withdrawals of OXT on OKEx will be …

Bitcoin Mining Marches On – Bitcoin Magazine Bitcoin Mining, Coronavirus and the Halving

CoinShares, a Jersey-based asset management firm with offices in London and New York that provides advice and other services for investors, released a statement on the state of Bitcoin mining during the global uncertainty caused by the coronavirus, ahead of a planned, more thorough June 2020 mining report. In it, CoinShares’ research director Christopher Bendiksen …

FBI Closes Russian Hacker Marketplace Fuelled By Crypto

The Federal Bureau of Investigation (FBI) has shut down a Russia-based website that hosted online shops engaged in the sale of illegal goods and services and accepted crypto payments. FBI Seizes DEER.IO, Arrests Admin Last Tuesday, the US Department of Justice said that the FBI has managed to take down DEER.IO, an online platform that …

South Korean Crypto Exchanges Aid Police in Child Porn Investigation

South Korea’s four major cryptocurrency exchanges, Upbit, Bithumb, Coinone, and Korbit, reportedly stated that they would support the local police in investigating the so-called “nth rooms” phenomenon, which turned into a nation-wide scandal. Crypto Exchanges Reportedly Said Celebrities Were Users For years, dozens of South Korean middle school girls, and sometimes boys, were filmed performing …

The King of Blockchains, Bitcoin Can Become the Foundation for Web 3.0 – Bitcoin Magazine

Bitcoin remains the undisputed “king” of blockchains. Bitcoin’s dominance has increased significantly since the experimental times of 2017. Bitcoin has survived many attempted forks and “civil wars” and has established itself as the reserve cryptocurrency; people fall back to Bitcoin in bear markets. The production network has stood the test of time for over 10 …

Is Bitcoin a Better Covid-19 Safe Haven Asset or US Treasury Bonds?

Fear of an impending global recession has prompted a rush to move assets into so-called “safe havens” such as U.S. treasuries and precious metals. Bitcoin now offers an alternative, yet the extent to which it protects wealth reveals its unique nature. Bitcoin Has Fallen While Treasuries Rise Longhash just published an article questioning Bitcoin’s ability …