Stock market news live updates: S&P 500, Dow jump to all-time highs after blowout July jobs report – Yahoo Finance
Stocks rose to record levels on the heels of a key labor market report, which reflected a stronger-than-expected rebound in employment last month and a marked drop in the jobless rate. The S&P 500 logged record closing and intraday highs, extending record-setting gains from a day earlier. The Dow added more than 100 points, or […]
Cryptoexchange Binance to stop Hong Kong users trading derivatives – Reuters
Binance app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration/File Photo HONG KONG, Aug 6 (Reuters) – Binance, one of the world’s largest cryptocurrency exchanges, said on Friday it would restrict Hong Kong users from trading derivative products, the latest in a series of changes the exchange has made […]
Binance Shuts Down Derivatives Trading in Hong Kong Following Similar Suspension in Europe – Coinspeaker
Binance has expanded its crypto derivatives shutdown net to include Hong Kong, after stopping trading in Germany, Italy, and the Netherlands. On Friday, Binance Holdings Ltd said new users in Hong Kong will no longer be able to trade derivatives products. Also, existing users of the platform will have 90 days to close any open […]
Binance to Wind Down Hong Kong Derivatives Trading in Switch to ‘Proactive’ Compliance Stance – CoinDesk – CoinDesk
Binance, the crypto exchange that has come under scrutiny from regulators globally, said it will take a more proactive stance to compliance and stopped Hong Kong clients from opening new derivates accounts, effective immediately. UPDATE (AUG. 16, 9:27 UTC): Adds H.K. derivatives decision to headline, first paragraph.UPDATE (AUG. 16, 9:57 UTC): Adds Binance’s recent actions, […]
Delta Exchange Derivative Trading Solutions: A Closer Look – CryptoNewsZ
Introduction Over the years, the crypto markets and exchanges have undergone several changes to promote the trading of cryptocurrencies. This was further enhanced with the arrival of decentralized finance (DeFi) and blockchain-based crypto trading. The crypto market is full of amazing services, from stablecoins and asset tokenization to crypto loans and much more. Crypto derivatives […]
After Europe, Binance now shuts derivatives trading for Hong Kong users – The Block Crypto
Crypto exchange Binance announced Friday that it will no longer offer crypto futures and options trading to users in Hong Kong. With immediate effect, new users from Hong Kong will no longer be able to open accounts with Binance to trade crypto derivatives. As for existing users, Binance said it will announce a date later, […]
Binance to restrict derivatives trading for Hong Kong users – Cointelegraph
Stepping up efforts to minimize the inherent risks of trading cryptocurrency, major crypto exchange Binance has announced it would restrict access to derivatives products to Hong Kong users. The official announcement reads: “Users from Hong Kong will have a 90 days’ grace period to close their open positions. During the grace period, no new positions may […]
Issue Briefing: What’s next for decentralized finance (DeFi)? – World Economic Forum
Over $58 billion USD is now locked in blockchain-based decentralized finance (DeFi) – and governments around the world are starting to pay attention. Join this issue briefing to hear from experts on the future of decentralized finance and the global policy outlook for this quickly evolving space. Robert Leshner, Founder and CEO, Compound Labs Paul […]
Nigeria’s Decagon raises millions to finance and train software engineers – TechCrunch
This past decade, Nigeria has seen several companies cater to the development and growth of software engineers and tech talent in general. It’s a space many in the Nigerian ecosystem like to think is budding yet overcrowded. So when Chika Nwobi started Decagon in 2018, the perception was generally “here comes another tech talent accelerator.” […]
DeFi Deep Dive — UMA, Cutting Middlemen Out of Derivatives Markets – BeInCrypto
Introducing the cost of lawyers and financial advisors has always represented a high barrier to entry to financial markets. With the help of smart contracts and oracles, the UMA project aims to bring that barrier down. Sponsored Sponsored Unlike meme coins that are created for the sole purpose of riding the whimsical waves of social […]