Binance Futures have claimed a large chunk of trading volumes for the cryptocurrency futures market since launching its platform in September 2019. However, a crypto market flash crash on May 10 understandably puts the platform at risk of losing at least some of its customers. The notional USD value of open interest on the platform had dropped from $382 million, just before the flash crash to $219.2 million at the time of writing this report. Additionally, data from TheBlock confirmed that Binance recorded the highest number of wiped open interest positions (42.15%), more than 70% of its closest competitor, Huobi,
An indigenous crypto company in the Netherlands has shut down following the Fifth Anti-Money Laundering Directive’s (AMLD5) implementation by the Dutch government. The...
Bybit is a cryptocurrency derivative exchange that launched its services at the end of 2018.
The exchange gives traders the ability to trade Cryptocurrency...