The inside story of how a hike in Hong Kong changed crypto trading forever
"We were a scrappy startup," Delo said of BitMEX back in 2016, when it launched the first perpetual future. "We thought, ‘Just get it out there. If it was any…
Crypto TradFi grows fivefold to $6.6B as exchanges expand into stocks, commodities: Report
A CoinGecko study points to rising demand for tokenized equities and commodities on centralized exchanges, with perpetual futures driving most of the market’s…
Ondo drops tokenized asset blockchain plans for private, high-speed trading network
The new network powers Ondo's recentlylaunched perpetual futures platform and will eventually support trading across onchain financial assets. Source：CoinDesk
Wall Street veteran Don Wilson says regulators are getting perps all wrong
DRW CEO Don Wilson says perpetual futures aren't inherently risky crypto gambling tools, and it’s time traditional markets and regulators start embracing them.…
BitMEX and BitMart may be first casualties of crypto trading slump
Trading volumes across major centralized platforms fell down to $1.05 trillion, marking the quietest stretch of activity for the digital asset market in over…
Crypto’s favorite $90 trillion trading product is coming to Wall Street, but big banks are taking it slow
Regulated perpetual futures are officially landing in the U.S., but while agile trading firms and crypto exchanges race to capture massive retail demand,…
Digital asset trading platform Uphold cuts 17% of global headcount as crypto winter bites
The crypto trading platform said the layoffs reflect a strategic shift toward its fastgrowing enterprise business. Source：CoinDesk
What are perps, anyway? Everything you need to know about crypto’s hottest trading instrument
Perps, which launched on BitMEX in 2016, have become one of the most traded financial products in the world. Source：CoinDesk
Bitcoin price eyes $66K as US stocks rise on Iran-strike pause
Bitcoin copied US stocks as relief over end of USIran strikes spread to risk assets at the start of the US trading session. Source：Cointelegraph
Fanatics buys regulated exchange in bid to grow prediction markets business
The deal gives Fanatics control of its own prediction market infrastructure as eventbased trading gains traction across sports, finance and crypto.…
Fivefold increase for Chinese chip maker CXMT in Shanghai debut
CXMT closed its first day of trading with a market capitalization of $85 billion Source：MarketWatch
South Korea trading giant puts receivables onchain in tokenization test with LG CNS
POSCO International and LG CNS is tapping Injective network to tokenize live commercial invoices, another sign blockchain rails are moving deeper into…