Coinbase Participates in $4.3 Million Funding Round of Crypto Derivatives Platform Blade

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Coinbase Participates in $4.3 Million Funding Round of Crypto Derivatives Platform Blade
Crypto derivatives platform Blade will allow users to trade its perpetual swap contracts in Bitcoin and altcoins with up to 150x leverage. Coinbase, as well as other giants, took part in this funding round.
Coinbase Participates in $4.3 Million Funding Round of Crypto Derivatives Platform Blade

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Source: CoinSpeaker

CFTC Investigates Crypto Exchange BitMEX Over Client Trades

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CFTC Investigates Crypto Exchange BitMEX Over Client Trades
The U.S. Commodity Futures Trading Commission (CFTC) is reportedly probing crypto derivatives exchange BitMEX to determine whether it broke rules by allowing U.S. traders on its platform.
CFTC Investigates Crypto Exchange BitMEX Over Client Trades

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Source: CoinSpeaker

Bitfinex Has Relinquished a $100 Million of its Loan from Tether

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Bitfinex Has Relinquished a $100 Million of its Loan from Tether
Following the 2016 cyber attack on top cryptocurrency exchange – Bitfinex, that brought about its loss of $700 million Customer funds. The number one Asian crypto trading platform claims to have relinquished part of its loan from Tether.
Bitfinex Has Relinquished a $100 Million of its Loan from Tether

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Source: CoinSpeaker

June’s Biggest Shakeups in the Crypto Game by the Numbers

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June’s Biggest Shakeups in the Crypto Game by the Numbers
COR Index published its latest monthly report of key crypto exchange data. The report is based on figures gathered from over 150 cryptos and the top crypto exchanges.
June’s Biggest Shakeups in the Crypto Game by the Numbers

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Source: CoinSpeaker

Bitfinex CTO Paolo Ardoino Announces Tether’s Launch on EOS Blockchain

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Bitfinex CTO Paolo Ardoino Announces Tether’s Launch on EOS Blockchain
Bitfinex CTO, Paolo Ardoino discloses the company’s decision to launch Tether stablecoin on the EOS blockchain protocol and, thus, to supplement eosfinex.
Bitfinex CTO Paolo Ardoino Announces Tether’s Launch on EOS Blockchain

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Source: CoinSpeaker

Bitwise Crypto Index Committee Bans Bitfinex as a Price Source

Following the case against Tether and Bitfinex by the New York Attorney General, The Bitwise Crypto Index Committee after a meeting held on 25 April, 2019 has decided to ban Bitfinex from contributing price indices as a price source. This is to take effect immediately.
Rule “III.A.ii.b” meeting
On 25 April 2019, the Bitwise Crypto Index Committee held a meeting in accordance with Index Rule “III.A.ii.b” with respect to the New York Attorney General’s claims toward Tether and Bitfinex. the meeting which was chaired by Matt Hougan. According to a notice of the meeting published on Bitwise website, the New York Attorney General has retained a court order against iFinex Inc., the owner of the Bitfinex exchange and Tether, the company that issues USDT based on the allegations of fraudulent activities involving $850 million.
The meeting ended with a 100% vote against Bitfinex and the company was banned from contributing price indices based on the following conditions which Bitfinex did not meet. The condition is that a company that can contribute such information:
“Is in compliance with local regulations and not subject to extraordinary regulatory or legal action.”
The committee says “This requirement exists to limit exchanges to those that are positive actors in the community, and to limit the potential for interruptions in service or unusual pricing due to the government or regulatory enforcement actions.”
Implications on price discovery
To clear the air, the committee said the ban will not affect price discovery significantly, neither will it affect access to liquidity and the ban is more of a step towards caution. What effect is this likely to have on Bitfinex exchange and its IEO platform Tokinex token LEO?
The post Bitwise Crypto Index Committee Bans Bitfinex as a Price Source appeared first on Coingape.
Source: CoinGape

Tron’s Justin Sun Offers Help to Binance Depositing 7,000 BTC

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Tron’s Justin Sun Offers Help to Binance Depositing 7,000 BTC
After the recent and most unexpected hack of the Binance exchange, in which 7,000 BTC were stolen, Justin Sun has publicly offered to donate 40 mln USDT to support the exchange and buy TRX, BNB, BTT and other coins with that money.
Tron’s Justin Sun Offers Help to Binance Depositing 7,000 BTC

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Source: CoinSpeaker

Bitfinex Likely to Issue Native Exchange Token Through IEO to Recover Frozen Funds

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Bitfinex Likely to Issue Native Exchange Token Through IEO to Recover Frozen Funds
After the latest seizure of funds by the NYAG office, Bitfinex is looking for ways to recover the funds. Conducting and IEO and issuing a native exchange token is one of the probable options.
Bitfinex Likely to Issue Native Exchange Token Through IEO to Recover Frozen Funds

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Source: CoinSpeaker

Tron Launched Its Version of USDT Predicting Massive Bull Run

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Tron Launched Its Version of USDT Predicting Massive Bull Run
Tether issued USD-pegged stablecoin USDT on TRON blockchainm like an upgrade from the OMNI protocol based USDT, which now allows to hold and transfer via smart contract on TRON both with a completely free and transparent process.
Tron Launched Its Version of USDT Predicting Massive Bull Run

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Source: CoinSpeaker

Dollar-Pegged USDT is Not Really Pegged by Dollar? Here’s How Tether Explains This

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Dollar-Pegged USDT is Not Really Pegged by Dollar? Here’s How Tether Explains This
The crypt-community awakened with the revelation that the USDT is not really backed by the dollar and commentators allege that it could in future pull an exit scam stunt.
Dollar-Pegged USDT is Not Really Pegged by Dollar? Here’s How Tether Explains This

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Source: CoinSpeaker

Binance Creates Unified Market to Give Further Push to Stablecoin Trading

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Binance Creates Unified Market to Give Further Push to Stablecoin Trading

In order to boost wider adoption of stablecoins, cryptocurrency exchange platform Binance is creating a combined stablecoin market.

Binance Creates Unified Market to Give Further Push to Stablecoin Trading

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Source: CoinSpeaker