Blockchain News
OKEx Dominates The Crypto Derivatives Market In Volume: Report

OKEx dominates the crypto futures derivatives market in regards to volume and the common trading activities in traditional financial markets which is no different when it comes to the crypto world as well as we are seeing further in the latest blockchain news.
Currently, there are a lot of platforms that offer the crypto futures trading options and the leader among them by a huge margin is currently OKEx which managed to gain the title of the world’s largest futures crypto exchange. The platform’s increase for fame is further supported by a range of featured offered to its customers and these features are designed to help them optimize the trading practices to place profitable traders while also minimizing the associated risks to an extent. Also, the most recent crypto offering on OKEx is the USDT-margined futures which went live a few days ago. Some of the features of this offering include 0.01 and 100x leverage with a value of less than 0.0001 BTC, the linear contracts and intuitive trading experience.
The crypto futures contracts on OKEx also offered a lot of flexibility for the traders’ thanks to the platform’s size, support of a lot of cryptocurrencies and the userbase. According to the sources of the company, most of the latest features, OKEx dominates by introducing the inputs and feedback received from the community. This led to a lot of developments in the past which have had a lot of bearing on the usability and profitability of the traders. Earlier this year, OKEx moved from the weekly settlements to Daily settlements in CEST time.
OKEx put a lot of thought into the platform by improving the crypto futures trading platform and the Futures and Perpetual Swap trading market data on the platform makes possible for the traders by allowing them access to crucial market info which can be used to predict the market fluctuations and make better trading decisions. There are a lot of plans as well to develop order feature for futures trading as well as a perpetual swap trading and multiple other features requested by OKEx customers. The launch of the algo trading will open the gates for trade automation which enables the users to make more orders in time based on the market parameters that are predefined by them.
DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at editor@dcforecasts.com
Blockchain News
Bitmain Announces Expansion In South America: Report

‘’South America continues to be an important region for the cryptocurrency mining sector. Our collaboration with Fastblock and Bit5ive will help us to build on the relationships we have with the mining community on-the-ground and instill trust in the sales process of Antminers.’’Jihan Wu announced back in November, the new addition to the Antminer 17 series and during the announcement the Bitmain co-founder said that the new miners included a hash rate and power efficiency-enhancing features. In the meantime, Wu continued to solidify the control over the company with the co-founder reportedly holding a meeting with a few Bitmain executives. At the meeting, Wu outlined the most important objectives of the company and the current projects that are under development in the company.This move is a part of the fights with Wu and the fellow co-founder Micree Zhan. Zhan is now aiming to take legal action against Wu accusing other officials at the company of betrayal. After a difficult 2018 and a bad start of 2019, Bitmain lost most of the mining dominance on the market. The company, however, will file an IPO in the US with its fellow competitor Canaan already completing a similar public sale. After the departure from the operational downsizing in 2018, Bitmain began developing expansion plans with the new 33,000-acre bitcoin mining facility in Texas. The company also aims to increase the hash rate capabilities by about 50 percent.
Blockchain News
Big South Korean Exchange Faces Hundreds Of Accusations

Blockchain News
Cryptopia Liquidators Recover $11 Million But The Process Is Still Difficult

“We continue to investigate the affairs of the Company and its directors in the period prior to our appointment to determine if there are any further avenues of recovery available to the Company.’’Grant Thornton didn’t comment further on how much longer will the creditors need to wait for reimbursement saying that ‘’at this stage it is not practicable to estimate the completion date for the Liquidation.’’ Cryptopia shut down in January 2019 years after the hackers stole funds worth about $16 million. The prolonged process has seen the liquidators tease out the details of the user transactions with the reconciliation of funds ongoing. The report adds:
“No detailed reconciliation process between the customer databases and the crypto-assets held in the wallets has ever been completed.’’Grant Thornton is right now focusing on the accounts of more than 900,000 active users potentially involving more than 900 different cryptocurrencies. The reports show that the exchanges worldwide continue to battle hack attacks and they focus mostly on a much larger loss involving the ex-Canadian exchange QuadrigaCX. Earlier this month, a cryptocurrency worth $340,000 mysteriously left the books of the South Korean platform Upbit and some analysts claimed that it was an inside job. The users, however, will be compensated by the company’s funds.As per the previous reports, Cryptopia co-founder and ex-former developer VCDragon revealed evidence that shows that the exchange hack was an inside job with an intention to destroy the exchange. Also, according to the documents, the assigned liquidator Grant Thronton, released the estimation statement for the financial state of the hacked crypto exchange, stating that Cryptopia owes a total of $4.2 million to the creditors.
Blockchain News
Central Asia Is Using Blockchain In Many Industries: Report

- Bitcoin News6 days ago
Billions Of Bitcoin Moved In Minutes: What Happened?
- Altcoin News6 days ago
Deutsche Bank Thinks Crypto Will Replace Fiat Currencies By 2030
- Litecoin News6 days ago
Miami Dolphins Are Officially Accepting Litecoin (LTC) Payments
- Ethereum News6 days ago
Ethereum Gets New Boost From Accounting Firm Ernst & Young
- Ethereum News6 days ago
EY Blockchain Team Allows Sending ETH Anonymously For Under $1
- Altcoin News6 days ago
Cryptocurrency Exchange Kraken Adds Support For Swiss Francs (CHF)
- Ethereum News4 days ago
Ethereum Istanbul Is Now Live: Faster, But Is It The ‘World Computer’?
- Bitcoin News5 days ago
BTC Bull Narrative Rushes Further As Selling Signals Dissolves