Bybit Adds Cryptocurrency Options Trading

Cryptocurrency News

Singapore-based crypto exchange Bybit expands its range of services and products for institutional traders. Bybit has announced the admission of customers to trading cryptocurrency options. The innovation will allow users to trade options and perpetual assets in US dollars. The crypto exchange community has long demanded that options be added to the company’s product line. Investors, the exchange says, want to trade these products to hedge risk and give traders the opportunity to diversify their…

Peckshield warned users about a phishing attack on Stepn’s Web3 project

Cryptocurrency News

Cybersecurity agency Peckshield reported that attackers flooded the Internet with phishing sites of the Stepn game project to steal the seed phrases of users’ wallets. Blockchain security experts at Peckshield have tweeted that scammers are creating pages that mimic a popular site. Experts explained that the attackers are placing a fake MetaMask plugin in the browser, with which they steal seed phrases from unsuspecting Stepn users. After stealing the seed phrase, hackers gain full control…

Bored Ape Yacht Club Instagram account hacked by hackers

Cryptocurrency News

On the official Instagram account of Bored Ape Yacht Club (BAYC) developers, unknown people posted information about the distribution of tokens and stole 91 NFTs worth $2.8 million from deceived users. The BAYC developers themselves tweeted about the incident. The fake Instagram announcement was about some kind of upgrade and giveaway of LAND tokens. To take part in the distribution, users had to connect their Metamask wallet. To lure customers, the attackers used the Bored…

The Australian regulator presented a plan for the development of rules for the crypto industry

Cryptocurrency News

The Australian Prudential Regulatory Authority has outlined a strategy for developing regulations to oversee the digital asset industry and manage associated risks. Australian Prudential Regulation Authority (APRA) Chairman Wayne Byres sent a letter to the entities regulated by the agency. The letter outlines the steps APRA intends to take to mitigate new risks associated with the industry’s rapid growth. APRA suggested that before providing services to companies operating in this sector, organizations conduct their due…

Sanctions are not for everyone: which crypto exchanges continue to work with Russians

Cryptocurrency News

Cryptocurrency trading platforms, one after another, limit Russian clients. However, not everyone does this. We publish the complete list. The US Treasury Department and the European Central Bank announced in early April that sanctions against the Russian economy would be useless unless access to cryptocurrency platforms was cut off from the world market. The American crypto exchange Coinbase said it would comply with the requirements of the White House and blocked 25,000 customer addresses from…

CedarFX - Trade with the First Eco-Conscious Broker

CedarFX – Trade with the First Eco-Conscious Broker

Cryptocurrency News

It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get…

AUSTRAC reported an increase in the number of cryptocurrency-related crimes

Cryptocurrency News

The Australian Center for Accounting and Analysis of Financial Transactions (AUSTRAC) reported that with the development of the digital asset industry, cases of their use for illegal purposes have become more frequent. “Cybercrime is a growing threat to Australians. According to the Australian Cyber ​​Security Center (ACSC), 500 ransomware attacks were reported in fiscal year 2020-2021, up almost 15% from the previous year,” the report says. The report was published just after the regulator issued…

Sports platform NFT Rario raised $120 million in funding

Cryptocurrency News

Cricket marketplace NFT Rario has closed a $120 million funding round. Singapore-based cricket-themed non-fungible token (NFT) trading platform Rario has announced the closing of a $120 million funding round, the company announced in a blog post. The funding round was led by Indian fantasy sports company Dream Sports. With the funding, Rario will now offer NFTs to the 140 million users of the Indian platform. Given the attention of Indian regulators to cryptocurrencies, the site…

SIBAN Association: Nigerian authorities must stop demonizing blockchain

Cryptocurrency News

The Blockchain Association of Nigeria (SIBAN) called on government agencies and banks not to refuse service to companies operating in the crypto industry. SIBAN believes that financial institutions should not use the Central Bank of Nigeria’s bias towards cryptocurrencies as a reason to refuse service to blockchain companies. SIBAN reminds that blockchain technology is not only about cryptocurrencies. Cryptocurrencies are created, stored and transferred using this technology, but the blockchain can be applied in such…

Coinbase NFT opened access to registered users of the exchange

Cryptocurrency News

Trading platform Coinbase, after six years of development, launched beta testing of a platform for trading non-fungible tokens based on Ethereum. Cryptocurrency exchange Coinbase announced in its blog that it has launched testing of the beta version of its own platform for NFTs. Coinbase Vice President of Ecosystem Products Sanchan Saxena said that any user can take part in testing the new platform. “We are taking the first step on this path by releasing our…