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Forex

Zero Slippage Is The Next Big Thing In Decentralized Derivatives Trading

The concept of decentralized trading introduces many opportunities and efficiencies. However, we cannot ignore the drawbacks of this concept either. One of the most grating problems is the concept of slippage, although that may soon become a concern of the past.  Why slippage is a problem On paper, it would seem easy to convert one …

Forex

AUD/USD Currency Stays in Focus as Traders Await Omicron News

Following last week’s volatile market nature, Asia-Pacific markets are expected to start trading cautiously. The economic calendar is currently light, allowing prevailing risk trends to remain controlled. The developing Omicron variant of Covid-19 impacted mood last week, causing risk aversion in the broader markets. The VIX indicator, Wall Street’s “fear gauge,” reached its highest level …

Forex

Why Ardana Is Poised To Bring Out Cardano’s Full Capabilities

The Cardano blockchain was founded by Ethereum Co-founder, Charles Hoskinson, in 2015. Designed as one of the first “Ethereum killers,” it was set to become a market disruptor from inception with its innovative, powerful, and environmentally-friendly infrastructure. Cardano is completely open-source and decentralized, leveraging a Proof of Stake (PoS) consensus mechanism, called Ouroboros, on its …

Forex

Non-Fungible Tokens and FX/CFD Brokers. An Opportunity Not to Be Missed?

Although the first non-fungible token (NFT) was launched as early as 2015, the market fever around this exciting asset class did not kick off until 2020 when it broke all-time records. The value of NFTs sold in the third quarter of this year reached a record level of $10.7 billion, and the craze around them …

Forex

US Regulator Charges Latvian Man for $7 Million Crypto Fraud

The US Securities and Exchange Commission (SEC) announced on Thursday that it charged a man for defrauding more than $7 million from hundreds of investors through two separate fraudulent digital asset securities offerings. According to a civil complaint filed against Ivars Auzins in the US District Court for The Eastern District Of New York, the …

Forex

Vietnam Police Bust $3.8 Billion Crypto Gambling Ring

Vietnamese police have busted a massive illegal online gambling ring in the country that was accepting    cryptocurrencies  Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized …

Forex

Vietnam Police Bust $3.8 Billion Crypto Gambling Ring

Vietnamese police have busted a massive illegal online gambling ring in the country that was using cryptocurrencies for making transactions, leading to the detaining of 59 people. As reported by state-owned broadcaster VTV, it was the biggest gambling ring busted in the country involving around $3.8 billion that include the money put in by the …

Forex

Interactive Brokers Reports 22% Rise of YoY in November DARTs

Interactive Brokers LLC, a prominent trading electronic venue in the United States, has revealed its November trading figures, which saw a 22% increase in daily average revenue trades, or DARTs. In terms of DARTs, the broker recorded 2.793 million for the month, 21% more than the previous month. Furthermore, according to the statistics released on …