Overstock’s tZERO Exchange to Launch Bitcoin Trading App This June

Overstock’s security token platform tZERO is going full crypto. Until now, security tokens had been the startup’s priority, but this summer, tZERO plans to launch its own mobile trading app for buying and selling bitcoin and, possibly, ether, CEO Saum Noursalehi told CoinDesk Thursday. The app for IOS and Android devices is scheduled to launch in June and is being developed by Bitsy — a crypto startup in the portfolio of Overstock’s venture arm Medici Ventures. “That’s part of the reason we acquired Bitsy — to accelerate time to market…

Binance API Seemingly Reveals Ongoing Margin Trading Implementation

Changes made to the public Application Programming Interface (API) of major cryptocurrency exchange Binance seemingly reveal that the company is working on implementing margin trading. A Reddit user brought the API changes to public attention on March 20 after they were updated last week, noting that the Binance public API response differs from what it should be according to the official documentation released by the company on GitHub. More precisely, the API now includes two additional boolean — which means that their value can be only true or false —…

Crypto Exchange Aggregator Caspian to Offer Crypto Options and Futures Trading

Institutional crypto trading, portfolio and risk management platform Caspian announced that it has integrated its platform with cryptocurrency futures and options trading exchange Deribit. The news was revealed in a press release from Caspian published on March 20. Per the announcement, Deribit has been added to Caspian’s ecosystem of over 30 cryptocurrency exchanges and liquidity providers. The company also claims that the move renders it the first institutional platform to offer both options and futures trading in the crypto asset class. The post also notes that Caspian’s platform includes an…

Japan Introduces Stricter Regulation for Crypto Margin Trading

Japanese regulators have reportedly approved draft amendments to the country’s financial instruments and payment services laws, introducing stricter regulations for margin trading of digital assets. A report by local news publication Nikkei Asia Review noted that the amendments will place a cap on available leverage for crypto margin trading, pegging it at two to four times the initial deposit. The report, published yesterday, also claimed that all cryptocurrency exchanges that offer margin trading will have to register with Japan’s Financial Services Agency (FSA) within 18 months of the new rules…

Cryptopia Exchange Resumes Crypto Trading Amid Banking Issues

Cryptopia, the cryptocurrency exchange hit by a major hack in mid-January, has just announced that it’s restarted trading services. The New Zealand-based exchange posted a notice on Twitter Wednesday, saying: “We have resumed trading on 40 trade pairs that we have quantified as secure. We will continue to expand this list as we clear more coins.” The company is providing a full list of the available pairs on its support pages. On Jan. 16, Cryptopia went offline stating that it “suffered a security breach which resulted in significant losses.” Since then,…

Galaxy Capital-Backed Caspian to Offer Crypto Derivatives Trading

Galaxy Capital-backed institutional trading and portfolio management platform Caspian is launching trading in cryptocurrency derivatives. Caspian announced Wednesday that it has integrated its platform with the Deribit exchange to offer futures and options (F&O) trading in crypto assets. Deribit offers futures and options trading for bitcoin (BTC) and ether (ETH), and also provides another perpetual swap product for bitcoin. The exchange does not charge for deposits and withdrawals and “up to 100x leverage”, Caspian said. Robert Dykes, Caspian CEO, said: “Our goal at Caspian is to provide crypto traders and investors…

Cryptopia Crypto Exchange Resumes Trading on 40 Crypto Pairs

New Zealand-based cryptocurrency exchange Cryptopia has resumed trading on 40 trade pairs, according to a tweet from the firm on March 18. In the tweet, the company announces that it has “resumed trading on 40 trade pairs that we have quantified as secure. We will continue to expand this list as we clear more coins.” The update follows the exchange’s recent announcement of the plans to reopen trading on its platform by the end of March, following a $16 million hack in mid-January. In January, Cryptopia suspended services after detecting…

Ethereum Price Analysis: ETH Trading Near Crucial Juncture

ETH price continues to face a strong resistance near the $138 and $140 levels against the US Dollar. The price failed to gain strength above the $139 level and remained below the $140 pivot. Yesterday’s key bearish trend line is intact with resistance near $138 on the hourly chart of ETH/USD (data feed via Kraken). The pair remains at a risk of a sharp decline towards the $133 support before it could bounce back. Ethereum price is trading below important resistances against the US Dollar and bitcoin. ETH must break…

Malware Targets Israeli Fintech Firms Working in Crypto, Forex Trading

Israeli fintech companies that work with forex and crypto trading are being targeted by malware, according to a blog post from threat research department Unit 42 of cybersecurity company Palo Alto Networks published on March 19. Per the report, Unit 42 first encountered an older version of the malware in question, Cardinal RAT, in 2017. Since April 2017, Cardinal RAT has been identified when examining attacks against two Israel-based fintech companies engaged in developing forex and crypto trading software. The software is a Remote Access Trojan (RAT), which allows the…

Japan Introduces New Regulations for Cryptocurrency Margin Trading

Japanese financial regulators have reportedly introduced new regulations for cryptocurrency margin trading, local news agency Nikkei reported on March 18. The Cabinet of Japan, the executive branch of the country’s government, has reportedly approved draft amendments to Japan’s financial instruments and payment services laws, limiting leverage in cryptocurrency margin trading at two to four times the initial deposit. Margin trading is the use of borrowed funds from a broker to trade a financial asset, thus forming a collateral for the loan. The new rules — which are reportedly et to…