Chainlink will provide climate data for insurance startup Arbol’s weather derivatives. Small to medium sized firms can use the Ethereum-based dapp for hedging natural events.
Bitcoin veterans are about to join the decentralized finance (DeFi) bull run, and they are taking a very different approach than Ethereum fans.
Record open interest in ether derivatives suggests the recent price rally has legs.
Some option traders are now betting ether will rise to $1,000 by year’s end.
Bitcoin’s back on the price roller coaster and DeFi borrowing is hitting a new high.
Surging open interest in crypto derivatives suggests investors are seeking alpha in other investments, like bitcoin, said the co-founder of an index fund provider.
The round was led by FBG Capital and NGC Ventures, both Asia-based venture firms.
Bitcoin is gaining back what it lost and ether’s upward run seems undeterred as the crypto market recovers from a flash crash on Sunday.
Bitcoin is holding onto price gains this week as the number of ether derivatives increases.
The cryptocurrency markets are finally heating up in July.
Exchange Deribit has more than doubled on its previous daily record with well over $500 million worth of bitcoin options traded.
The market for bitcoin futures snapped back to life on Monday as the cryptocurrency's price surged to an 11-month high.
Matrixport has set up its own derivatives exchange and now wants to take on Deribit, the market leader for crypto options.
Data from major exchanges shows that open interest in ether options rose to a new lifetime high of $194 million on Tuesday.
BitMEX's parent company, HDR, has undergone a perhaps controversial rebranding to 100x.