Cboe Digital Bags CFTC Approval to Trade Bitcoin and Ether Futures

The CFTC has officially given Cboe Digital the approval it needs to offer margined futures contracts trading to clients. Cboe Global Markets’ digital asset exchange has received approval to allow users to trade crypto futures contracts. Customers of the Cboe Digital platform will now trade Ether (ETH) and Bitcoin (BTC) futures contracts later this year following the CFTC’s approval for an amended order of registration. The Commodity Futures Trading Commission (CFTC) gave Cboe Digital approval to financially and physically settle margin contracts from the second half of the year. The…

Coinbase proceeds with US bitcoin and ether futures

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Amidst growing regulatory challenges in the U.S., Coinbase, a prominent public cryptocurrency exchange, pushes forward with its plans to roll out bitcoin and ether futures contracts targeted at institutional investors. In the midst of increasing regulatory scrutiny in the U.S., leading public cryptocurrency exchange, Coinbase, presses ahead with its introduction of futures contracts. The announcement was made on June 1, stating that bitcoin and ether futures contracts will be available starting June 5 via its derivatives…

Coinbase Derivatives Exchange Launches Bitcoin and Ether Futures

Coinbase Derivatives Exchange, a derivatives platform linked to its namesake cryptocurrency exchange, will introduce Bitcoin and Ether futures contracts for institutional clients on June 5. Coinbase Bitcoin (BTI) and Coinbase Ether (ETI) futures contracts, sized 1 Bitcoin and 10 Ether per contract, respectively, will be accessible through third-party institutional Futures Commission Merchants (FCMs) and brokers, the company announced on Friday. Coinbase in the announcement said it has witnessed increased demand for futures contracts among investors. Futures contracts are agreements that allow investors to buy or sell an asset at a…

Arbitrum-based Jimbos Protocol hacked, losing $7.5M in Ether

Adding to the existing number of protocol hacks in the crypto industry, Jimbos Protocol has not escaped the sights of the attackers as it has suffered an attack resulting in a loss of a large amount of funds. According to PeckShield, a blockchain security unit, Jimbos Protocol, the liquidity protocol of the Arbitrum system, was hacked on the morning of May 28. The attack resulted in the loss of 4,000 ETH, equivalent to approximately $7.5 million. Specifically, the attacker took advantage of the lack of slippage control of liquidity conversions.…

Ether Balance on Exchanges Nears All-Time Low

“This trend is anticipated to persist, particularly considering that deflationary forces are expected to propel the price of Ether significantly,” analysts at Binfinex previously shared with CoinDesk. “Prior to this upgrade, potential stakeholders may have been deterred from staking their ether tokens due to concerns about their funds being locked for an unacceptably long duration.” Source