Ethereum options volume hits record high—but why is demand surging?

The volume of the Ethereum options market hit a record high as the demand for ETH increased in recent weeks.
The post Ethereum options volume hits record high—but why is demand surging? appeared first on CryptoSlate. …

Ripple CTO says the company would burn 48 billion XRP if “majority wanted rule change”

Ripple, the distributed payment processing service and issuer of the XRP token, has received a lot of flak in the past years for using XRP to keep itself afloat while maintaining its distance from the token.
The post Ripple CTO says the company would burn 48 billion XRP if “majority wanted rule change” appeared first on CryptoSlate. …

Analyst: Once $20k breaks, throw Bitcoin fundamentals and valuations out the window

Bitcoin has been flirting with $20,000 over the past few days.
The post Analyst: Once $20k breaks, throw Bitcoin fundamentals and valuations out the window appeared first on CryptoSlate. …

Crypto.com awarded license to issue debit cards in Australia

Crypto dot com announced today that it was successfully granted a license by the Australian Financial Service License (AFSL), which now allows it to extend its card network down under.
The post Crypto.com awarded license to issue debit cards in Australia appeared first on CryptoSlate. …

This DeFi app based on Ethereum just stole $12 million from its users

The Ethereum decentralized finance (DeFi) space was just hit with a “rug pull,” with unknown developer(s) dragging in $12 million in what seems to be the biggest ostensible scam in recent weeks.
The post This DeFi app based on Ethereum just stole $12 million from its users appeared first on CryptoSlate. …

Bitcoin’s rally from $12,000 has been mostly driven by “institutional hunger”: data

Bitcoin has undergone a strong surge over the past two months that has brought it from the $11,000-12,000 range to new all-time highs just shy of $20,000.
The post Bitcoin’s rally from $12,000 has been mostly driven by “institutional hunger”: data appeared first on CryptoSlate. …