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Deribit Dominates CME and Bakkt in BTC Options Volume

Deribit Dominates CME and Bakkt in BTC Options Volume

Existing bitcoin exchange Deribit has bested institutional newcomers CME and Bakkt in terms of Bitcoin option trading volume at the start of 2020.

Fireblocks Introduces 'Off Exchange' to Address Exchange Counterparty Risk, Integrates with Deribit

Fireblocks Introduces 'Off Exchange' to Address Exchange Counterparty Risk, Integrates with Deribit

Fireblocks introduces 'Off Exchange', reducing exchange counterparty risk for institutional traders, allowing them to trade directly from on-chain MPC shared wallets, marking a significant advancement in digital asset trading.

Crypto Exchange Deribit Moves Headquarters to Dubai after Oobtaining VASP License

Crypto Exchange Deribit Moves Headquarters to Dubai after Oobtaining VASP License

Crypto exchange Deribit moves headquarters to Dubai after obtaining a VASP license, expanding crypto trading services in the region.

Deribit Exchange's Hot Wallet Hacked for $28M

Deribit Exchange's Hot Wallet Hacked for $28M

Deribit exchange has revealed it has been hacked for $28 million

Deribit Hackers Turns to Tornado Cash to Launder Stolen Funds

Deribit Hackers Turns to Tornado Cash to Launder Stolen Funds

The hacker(s) who exploited Deribit Exchange have started laundering the stolen cash through Tornado Cash

100,000 Bitcoin Options Scheduled to Expire in Two-Days Time, Indicating a Potential Price Plummet to $28,000

100,000 Bitcoin Options Scheduled to Expire in Two-Days Time, Indicating a Potential Price Plummet to $28,000

Data reveals that 100,000 BTC options are scheduled to expire on crypto exchange Deribit in two days, potentially driving Bitcoin price down to $28,000.

Bakkt Cash Integrated Directly with Starbucks Payment App

Bakkt Cash Integrated Directly with Starbucks Payment App

Bakkt President Adam White has announced the Bakkt Cash integration with the Starbuck mobile app.

Bakkt BTC Options Trading Falls To Zero: What Does This Mean for Mainstream Adoption?

Bakkt BTC Options Trading Falls To Zero: What Does This Mean for Mainstream Adoption?

The impetus behind Bakkt was to create a safe and regulated environment where larger institutions, corporation and investors would feel comfortable leveraging for access to the nascent crypto market. The trading volume or lack thereof seems to indicated that these larger investors are still weary of cryptocurrency.

A Billion Dollars in Bitcoin Options Expired, Bitcoin may be Vulnerable to Violent Price Moves

A Billion Dollars in Bitcoin Options Expired, Bitcoin may be Vulnerable to Violent Price Moves

A billion dollar worth of Bitcoin options are to expire today, in the meantime, traders debating whether this will result in higher volatility, and the direction of which Bitcoin price is headed. Traders are now deciding whether to take their options or leave the market.

Institutional Demand Can’t Keep Bitcoin Above $30K Says Guggenheim’s Minerd

Institutional Demand Can’t Keep Bitcoin Above $30K Says Guggenheim’s Minerd

Institutional investment in Bitcoin is not enough on its own to justify Bitcoin’s price levels said Guggenheim CIO Scott Minerd who predicts BTC will trend below the $30K level.

OKEx Adds Ether Options to Help Crypto Traders Exploit Market Volatility

OKEx Adds Ether Options to Help Crypto Traders Exploit Market Volatility

Cryptocurrency exchange OKEx announced that it is adding two new services to its platform. The Malta-based exchange launched its ETH (Ether) options contracts on June 4. The exchange also announced that it will launch the EOS/USD options on June 18. The company also stated that they have placed 1000 Ether in the Ether options insurance funds to prevent any possible clawback. The exchange is one of the largest cryptocurrency trading and derivative platforms.

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