Decentralized Crypto Exchange Disables Trading Due to ‘Critical Security Vulnerability’

The developers behind the peer-to-peer cryptocurrency trading platform Bisq have temporarily disabled services after discovering a critical security vulnerability. Formerly known as Bitsquare, Bisq is a decentralized exchange (DEX) that facilitates crypto-to-fiat trades without a formal intermediary. In a community announcement posted on April 8, the developers said that they were investigating the security issue, telling users: “If you have any active trades right now, please DO NOT send any funds.” The devs add that it is “especially important” for users not to send any funds if they are involved…

Paxful Launches Peer-to-Peer Trading Between Gold and Bitcoin

Peer-to-peer (P2P) cryptocurrency marketplace Paxful announced the introduction of support for trade between gold and Bitcoin (BTC) on the platform on April 7. With the announcement, Paxful now facilitates physical trading in 16 different countries. Cointelegraph spoke to Paxful CEO and Founder Ray Youssef, who attributed the decision to support gold to “surprisingly high” customer demand. When a trade is entered, the Bitcoin will remain in Paxful’s escrow until the physical delivery of the gold is confirmed. Transactions must be completed within 21 days of trade being opened on the…

Brave Tokens Available for Trading on Gemini Starting April 24

Brave, the open-source pay-to-surf browser, will soon have more options for trading its signature token. In April 6 blog post on the Gemini website, the platform announced they would soon support trading for Brave’s Basic Attention Token (BAT). Users will be able to deposit BAT into their Gemini accounts starting on April 24th at 9:30 AM EST, with trading to begin “soon thereafter”: “BAT is the sixth digital asset available for trading on the Gemini platform, joining bitcoin, ether, bitcoin cash, litecoin, and Zcash. We will be offering USD, BTC,…

Tezos Co-Founder Hints That Her Trading Card Game Will Use Alternative Blockchain

Tezos co-founder Kathleen Breitman has left open the possibility that her trading card game Emergents may not be built on the company’s blockchain, according to statements made on April 5. According to the Reddit post, Kathleen pointed out that Emergents might not be using Tezos blockchain technology, saying she had not yet decided on the platform she will use in the game. In a comment left on the post, she added the following: “The alpha doesn’t have a marketplace, it’s an alpha. The white paper doesn’t describe any feature that…

Malaysian Securities Regulator Approves Crypto Trading Platform

Following a nine-month-long probationary period, Malaysia-based cryptocurrency trading firm, Tokenize Malaysia, has received full approval from local securities watchdog. With the approval to operate a Digital Assets Exchange, the company’s cryptocurrency trading platform, Tokenize Xchange, became legally approved and regulated by the Securities Commission (SC) of Malaysia, local news outlet, SoyaCincau, reported on April 3. The exchange offers fiat-to-digital asset pairings. Malaysian laws require that local cryptocurrency exchanges register with the SC, after which they have up to nine month to achieve compliance with the SC’s regulation standards. Commenting on…

Top Crypto Exchange Binance Hints at Launching Bitcoin Options Trading

Top crypto exchange Binance has hinted that it plans to launch Bitcoin (BTC) options trading.  Two tweets — via the exchange’s official handle and CEO Changpeng Zhao (“CZ”) — posted on April 3 revealed “testflight leaks” and a screenshot of an apparent prototype for trading BTC/Tether (USDT) options contracts: Source: @cz_binance official Twitter handle, April 3 “Notice anything new”? Binance’s performative social media “leak” revealed options trading support as one of the items on a “what to test” list, which included other products that have previously been officially announced, such…

CMT Digital Head Says BTC Trading Still Strong Despite Global Conditions

Amid global coronavirus fears and plunging mainstream markets, Bitcoin (BTC) trading has remained largely unchanged, according to CMT Digital head of trading and business development, Brad Koeppen. “Bitcoin trading has not been that different,” Koeppen told Cointelegraph in a March 31 email. “Volatility and volumes saw an uptick as BTC sold off with the traditional markets but high volatility is nothing new in Bitcoin.” Koeppen also referenced the problems seen on exchanges around the time of Bitcoin’s massive drop between March 11 and 13, noting that this is “nothing new”…

Australian Startup Offers New Spin on Tokenized Gold Trading

Australian startup Meld Gold will launch a blockchain-based platform for tokenized gold trading in the third quarter of 2020. Meld Gold said the platform will offer a digital method to buy and sell physical gold that is more efficient and transparent than traditional gold markets. Unlike other gold-backed tokens, the issuer doesn’t have a stash of gold in its own custody — rather each token represents one gram of gold held across different companies in the network, including the Melbourne Mint. Meld Gold to launch platform on Algorand The original…

Binance Futures Hosts Trading Competition With Prize Pool Worth $1M

Cryptocurrency exchange Binance announced on March 25 that it will be hosting a trading tournament where participants could compete in teams and win a prize pool of up to $1 million in BNB tokens. According to the announcement, the tournament will take place between April 10 and April 25, and will take place in two ways: daily ROI and overall USDT team profit tournaments. Binance explains that all teams that trade in perpetual contracts on Binance Futures during the competition period will be ranked based on the total USDT profit of the…

Institution-Focused Crypto Trading Platform Reports 737% Revenue Increase in 2019

Hong Kong Stock Exchange-listed BC Group, the operator of institution-focused digital assets trading platform OSL, reported a 737% increase in revenue in 2019. On March 31, BC Group revealed that its OSL digital assets platform had been its largest 2019 earner, accounting for 44% of the Group’s revenues — up from just 6% in 2018. The OSL digital assets platform offers institutions services that include over-the-counter brokerage, Software-as-a-Service tools, custodial services and institutional digital asset exchange.  Regulatory progress Total year-on-year revenue for BC Group in 2019 was RMB72 million ($10…