Crypto Derivatives Set New Records, ETH Futures Set All-Time Highs, CME Open Interest Spikes
Digital currency derivatives have been on fire during the last two weeks as ethereum futures volumes touched an all-time high on Sunday. The popular derivatives trading platform Deribit saw 1.9 million ETH contracts traded and CME Group is now the third-largest exchange in terms of bitcoin futures open interest. Data shows that cryptocurrency futures and options are seeing significant demand in 2020. Statistics from Skew.com, CME...
Flooding Threatens China’s Bitcoin Miners, Chinese Billionaire Says ‘Three Gorges Dam Collapse Imminent’
This week cryptocurrency enthusiasts are still focused on the severe flooding in China during the 2020 monsoon season. The flooding has already displaced millions of Chinese citizens and skeptics are concerned about the vast number of bitcoin miners located in the Sichuan province. The landlocked province in Southwest China, Sichuan is located upstream of the Three Gorges Dam. During the last two months, the 2020 monsoon season...
South African Bitcoin Investment Company Faces Fresh Scam Allegations
FX Choice, a forex and crypto trading company, is making new allegations that South African bitcoin investment company, Mirror Trading International (MTI) is a multi-level marketing scam. The company says it uncovered this after researching into MTI, a firm that claims to have “118,027 members in 192 countries” and ostensibly sees “12,879.70 Bitcoin in trade daily.” The recent findings prompted FX Choice to...
Bitcoin ATM Locations Reaching 9,000 Worldwide
The number of bitcoin ATM locations has been rising steadily. Almost 9,000 bitcoin ATMs have been installed worldwide. The U.S. leads as the country with the largest number of bitcoin ATMs, followed by Canada and the United Kingdom. Nearly 9,000 Bitcoin ATMs There are currently 8,947 cryptocurrency ATMs and 211,239 non-ATM locations you can buy or sell cryptocurrencies at across 71 countries, according to cryptocurrency ATM tracking...
AVG Anti-Virus Made The Pirate Bay Unusable
With hundreds of millions of users, AVG is a widely used anti-virus tool. The software is a subsidiary of Avast, which is another popular anti-virus brand. In pirate slang, the term Avast can be loosely translated to “Stop!” and this week that translation directly applied to Pirate Bay users. Starting a few days ago, many AVG users noticed that the popular torrent site had become unusable. Instead of listing the usual sea...
