Day: July 28, 2020

The new version of BitMax Perpetual Contract Documentary is now online, and 5 new functions are added to set the maximum position amount

Cryptocurrency exchange BitMax announced the official launch of version 1.2 of strategy documentary. This new version optimizes many details such as the copy trader list page, and adds 5 new functions such as the maximum position amount and maximum loss ratio that can be set to better meet the trading experience of users.

The stablecoin project Terra plans to add the “cross-chain interoperability smart contract” function

Daniel Hwang, head of development of the stablecoin project Terra Ecosystem, stated in the Huobi AMA that all stablecoins linked to fiat currencies can be stabilized through Terra’s native token Luna. Terra plans to release funds by establishing an open financial infrastructure. Luna can obtain stability, utility and value from Terra’s series of stablecoins. It is not only the collateral for the entire Terra economy, but also the supporting token that protects the PoS network. Luna can be used as…

Data: CME Bitcoin futures open interest reached USD 724 million, another record high

According to Skew data, due to the rise in bitcoin prices, the Chicago Mercantile Exchange (CME) bitcoin futures open interest reached 724 million US dollars yesterday, and the trading volume soared to around 1.3 billion US dollars, both hitting record highs. Bakkt Bitcoin futures trading volume also hit a new high. In addition, perpetual swap contracts (Perpetual Swap) funds are gradually increasing.

Crypto hedge fund LedgerTime becomes CrossTower’s new customer and liquidity provider

Cryptocurrency exchange CrossTower announced that quantitative digital asset hedge fund LedgerPrime has become its new customer and liquidity provider. CrossTower provides LedgerPrime hedge funds and active traders with strict regulatory protection and a strong technical infrastructure. Shiliang Tang, chief investment officer of LedgerPrime, predicts that US institutional investors’ interest in the digital asset market will rise sharply this year, and will continue to rise in the second half of the year, and support bitcoin prices in the medium and long…

Bitmain: 10,000 miners that have been transferred or have been resold at ultra-low prices, will be responsible

The official website of Bitmain released the “Joint Statement on the Illegal Transfer of Mining Machines from Zhenglan Flag Mines” with the official seal of Wu Jihan. The statement stated that most of the approximately 10,000 mining machines that were illegally transferred are still missing. Resale at a super low price. Chongqing Siyuan was the legal owner of the transferred mining machine, and the transfer of the mining machine caused serious property losses and loss of goodwill to Chongqing Siyuan…

Yearn.finance community members initiate a hard fork and create a new project YFII

The DeFi aggregation revenue agreement yearn.finance proposed an additional issuance proposal in the previous community governance YIP-8, halving the weekly additional issuance of each mining pool. Although the proposal received a support rate of over 80%, it failed because the total vote rate was 9.73%, which did not meet the minimum requirement of 33%. Community members proposed to fork the YFI project, code-named YFII. YFII adopts the Bitcoin-like halving additional issuance mechanism in Proposal 8 to ensure that the tokens…

MXC Matcha Margin Trading Launches “Take Profit and Stop Loss” function

MXC Matcha Exchange announced the launch of the “Take Profit and Stop Loss” function for its margin trading. Users can pre-set the trigger price, the order price after the trigger, and the number of orders. When the latest market price reaches the trigger price, the system will automatically borrow currency or place an order according to the preset commission price and quantity, without the need for 24-hour tracking.

Crypto.com appoints its first chief talent officer, the company’s team has doubled in size in the past six months

Crypto.com, a cryptocurrency debit card company, announced the appointment of Wendy Montgomery as the company’s first CPO (Chief Talent Officer) in response to the company’s rapidly growing demand. According to Crypto.com, the number of recruits for the company this year has increased rapidly. The number of team members has increased from 250 in January this year to more than 500 at the end of July. The size of the team has doubled in the past six months. The newly appointed…

Kyber Network allows users to participate in on-chain governance voting through mobile apps

The decentralized liquidity protocol Kyber Network (KNC) provides a secure, integrated mobile wallet and dapp browser, allowing users to participate in governance by staking KNC on KyberDAO. In the application, users can use the browser tab to find KyberSwap or other decentralized exchanges, and convert ETH or other tokens from Status mobile wallet to KNC. Users need to pledge funds before July 28, otherwise they will not be able to get rewards. KyberDAO governance is divided into multiple periods. The…

Decentralization agreement Stafi launches pledge airdrop

The decentralization agreement Stafi announced the launch of “StakingDrop” (StakingDrop). In the first phase of staking airdrops, users can submit a staking address and initiate a small transaction to a designated address or provide a signature to obtain FIS. FIS airdrops are generally for pledgers, and the scale of airdrops is directly proportional to the value of the invested assets. After submitting the proof, the user will receive the FIS airdrop. If the pledge is stopped during the airdrop, the…