Who sets initial margin requirements? - cyptoranking.com

2024-05-05

Popular crypto exchanges(2023 Update) 2024-05-05
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“Gamers no longer have to screen cap their accomplishments — they can prove them mathematically,” the post read. Cowen says ETH will be coming “home” within the next several months. Who sets initial margin requirements?Zimbabwean residents and institutions can now pay or settle domestic transactions using the recently launched gold-backed digital tokens, the central bank has said. Bank governor John Mangudya said the central bank has enlisted the services of external auditors to “validate the availability and adequacy of gold to ZIG at any given time.” Image Source: PixabayDecentralized exchange (DEX) Pond0x has reportedly achieved a total trading volume exceeding $100 million despite scam allegations.In a recent post on X (formerly Twitter), the project's official channel referred to a Dune dashboard that displayed over $111 million in all-time trading volume as of September 29.As of now, the dashboard shows a total trading volume of $112.4 million. Pond0x's latest milestone comes despite concerns and allegations of scams surrounding the launch of the exchange's native token, PNDX.The controversy began when the project launched the PNDX token on July 28. Critics accused the project, led by founder Jeremy Cahen (also known as "Pauly"), of being a rug pull or exit scam. The concerns centered around the unconventional manner in which Cahen launched the coin. In a post on X (formerly Twitter), Cahen shared the URL to an app that allowed users to deposit a fixed amount of Ethereum (ETH) in exchange for a fixed amount of PNDX. He also provided the contract address for the token.In response, some investors purchased the coin on Uniswap using its contract address, while others deposited ETH into the app to receive PNDX. Investors Lose $2M in PNDXThe price of PNDX on Uniswap quickly surpassed the value of the ETH required to mint PNDX, prompting minters to sell their coins on the market for a profit. Critics argued that this process transferred over $2 million from those who bought the coin on Uniswap to those who minted it using the app. The ETH deposited through the app went into a contract without any means of reclaiming the funds, leading to allegations that the project was designed to drain funds from investors and benefit Cahen.Furthermore, coding experts raised concerns about the token's lack of a normal transfer function.Instead of limiting token transfers to the owner, PNDX allowed anyone to transfer tokens. This meant that PNDX owners were at risk of losing their tokens at any moment, as any programmer could "steal" their PNDX using developer tools. On July 29, Solidity enthusiast and blogger Sm-stack claimed to have conducted a test in Foundry that proved this vulnerability.Despite these issues, Pond0x continues to attract a significant number of supporters on Twitter, with some expressing positive sentiments about the project.For one, crypto trader and blogger Antony Williams, who claimed to have examined the smart contract code of the app, stated that Pond0x is fundamentally an LP Farm and not a complete scam. The app assigns each user an ID, which determines their share of a pool of Pepe tokens. Users can increase their Pepe rewards by calling the "BribeforLevelUp" function, requiring a deposit of 0.26 ETH. This ETH is used to purchase Pepe tokens, which are then added to the pool for rewards. The exchange also assigns a "Score" to each user, representing their potential rewards from trading fees.Williams noted that these rewards may not be immediately claimable, but he believes the developer likely intends to distribute them in the future. He also suggested that the PNDX token itself is essentially valueless, possibly created in this manner to avoid legal complications.Base Network Outstrips Solana's TVL as Summer Lull Draws to a Close

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Source: BTCUSD on TradingView.com “Policymakers must understand the underlying data that feed into aggregate indicators to make well informed decisions,” they added. What's next for crypto as FTX collapse triggers 'Lehman ...Grayscale Pursues Ethereum Spot ETF Amid ETH Futures ETF Boom Improving Financial Inclusion

"LoveGPT" GUI. Image: Avast Fireblocks, an institutional-grade cold storage and crypto custody firm, will store and manage the crypto assets. An organization spokesperson said: Ethereum Price Prediction 2023-According To Experts1. UNISWAP David Lavecky: A major concern that requires immediate attention is the legal and regulatory framework surrounding CBDCs. While technological advancements can be rapidly developed and deployed, the legal landscape needs to catch up to provide a stable environment for CBDCs to operate. Regulatory clarity is essential for both government institutions and private sector participants like Canvas to move forward confidently.

Confidential transfers will use zero-knowledge (ZK) proofs to encrypt the balances and transaction amounts of SPL tokens. “The Israel Police’s Cyber Unit, in collaboration with the Ministry of Defense, the Israel Security Agency, and other national intelligence agencies, has successfully frozen cryptocurrency accounts used by Hamas for fundraising their activities,” the statement reads. Robinhood opens up a slow and steady approach to crypto ...Disclaimer: The following article is part of Cryptonews Deals Series and was written as a promotional article in collaboration with the sponsor of this offer. If your company has an exclusive promotion that you would like to share with our readers, we invite you to reach out to us. Let’s build together.London, UK — In January 2023, decentralized options and social trading platform OptionBlitz, launched its community networks. The platform is now poised for a February deployment into Ethereum Layer protocol Arbitrum, to offer unique trading options like ‘zero-day’, and ‘Turbo’. OptionBlitz will also run a 2-stage (BLX) token presale from February 28th to March 28th, 2023.What is OptionBlitz?OptionBlitz is a decentralized, enterprise-grade options and social trading platform - powered by Ethereum Layer 2 protocol, Arbitrum. The Arbitrum Protocol underpins all of the platform's trading options including Zero-day, Barrier, American/European options, and the world's first DeFi Perpetual option, known as ‘Turbo’.Zero-day Options and MoreThe OptionBlitz platform offers a multitude of cutting-edge trading options, unique features, and over 22 different trading pairs. Zero-day options are one of the fastest-growing trends in the financial markets and one of the pillars of the OptionBlitz platform. Zero-day options expire the same day that they are purchased, allowing traders to take advantage of ultra short-term trades, which they can enter & exit almost instantaneously. The OptionBlitz platform also features various American & European options with maturities from 24h down to as low as 10 seconds, allowing for highly-customizable trading control. The liquidity Provider program is another great feature that offers traders excellent returns, boosted by up to +50% when USDC capital is staked with the platform’s native BLX token.What About Perpetual Turbo?OptionBlitz is currently the only platform that offers Perpetual Turbo Options. Turbos are an exciting new form of derivative which are like a cross between a perpetual futures contract and an option. Instead of paying margin, the trader pays an initial outlay depending on the leverage selected. Turbos have different characteristics to other perpetuals, including:1:200 LeverageNo MarginNo expirationFixed 0.1% TX Fee0% Slippage No margin means no margin calls, so highly volatile markets can be supported even with high leverage. A Turbo is liquidated by the risk engine if its barrier level is touched, the barrier level is set according to the leverage selected and it moves according to a funding rate mechanism. Social Trading & BLX Token EconomyOptionBlitz has integrated numerous features to promote community growth through social trading. The platform uses a Web 3.0-enabled in-app chat, deep social sentiment analytics, free trading signals, and indicators — all built around the platform’s BLX token economy and incentive model. Deep integration with affiliate networks offers traders an opportunity to build their own brand with verifiable on-chain proof of trade delivered through the OptionBlitz social hub.More Reasons to Use OptionBlitzBesides the unique perpetual turbo and Zero-day options, there are many other reasons to start trading on OptionBlitz. For example, the platform uses advanced risk management systems to keep liquidity secure & maintain product pricing in line with the market. The platform's native BLX token also gives traders huge discounts on fees, boosts liquidity provider rewards, and unlocks exclusive features. And if that wasn’t enough, traders do not have to worry about onboarding, lengthy sign-up processes, or even KYC.The Future of DeFi OptionsOptionBlitz is intent on becoming the most popular decentralized trading platform for options, leveraged trading, and investing. The platform is already on the way to achieving this and is soon to introduce decentralized managed funds and robo funds to supercharge their trading community.OptionBlitz will also bring unique, freely transferable, unrestricted, tokenized stocks to the blockchain and turn the platform into a fully featured investment hub. It will also Integrate with other DeFi partners committed to a transparent, open, and censorship-resistant future. BLX Token SaleOptionBlitz is launching a two-stage BLX token presale from 28th February to 28th of March 2023. The token pricing for stage one is 0.1 USDC/BLX. Pricing for stage two will start at 0.1 USDC/BLX, rising to 0.41 USDC/BLX should the sale sell out.The BLX Token has been audited by award-winning company Shellboxes and will initially launch on Uniswap. The company has also established agreements in principle that will see the BLX token listed on Bitmart, Lbank and Probit exchanges respectively. OptionBlitz SocialsTwitter | Telegram | Medium | Discord | Reddit Media Contact DetailsContact Name: ArtemisContact Email: [email protected] OptionBlitz is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to investFirst Exchange with a Cold Wallet Welcomes Newcomers Ordinal’s Falling Figures, Bitcoin’s NFT Sales Decline and the BRC20 Market

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