|
 |
Binance was the largest cryptocurrency derivatives trading platform in September by trading volume, seeing traders move $164.8 billion last month, CryptoCompare’s September 2020 Exchange Review shows.
Stablecoin issuer Tether has blacklisted 100 addresses on the Ethereum network so far, 84 of which were blacklisted this year. Most of these were blacklisted after July.
Ripple, a payments startup with a multibillion-dollar valuation and the biggest XRP holder, has announced a new service named “Line of Credit” that allows financial institutions on RippleNet to use XRP to make fast and low-cost cross-border payments for their customer, and pay Ripple later.
Sponsored: After more than 9 months of intense development, and the implementation of a very advanced logistics infrastructure, Sesterce announces the launch of its e-commerce store, Crypterce.
Top stories in the Crypto Roundup today:
- Binance Was the Largest Crypto Derivatives Exchange in September
- Tether Blacklisted 100 Addresses on Ethereum so Far
- Ripple Enters Credit Lending with XRP ‘Line of Credit’
- Sponsored: Crypterce - the New E-Commerce Store, Like Amazon but With Crypto
|
 |
Binance Was the Largest Crypto Derivatives Exchange in September
|
Binance was the largest cryptocurrency derivatives trading platform in September by trading volume, seeing traders move $164.8 billion last month, CryptoCompare’s September 2020 Exchange Review shows.
Binance’s figure was down 10.7% when compared to August, but other top derivatives trading platforms were seemingly worst off. Huobi came in second, trading $156.3 billion, 25.8% less than in August. Next came OKEx, down 18.5% at $155.7 billion, and in fourth place came BitMEX, down 30.7% to $56.4 billion.
Cryptocurrency derivatives trading volumes went down 17.5% in September to $634.9 billion, while spot trading volumes dropped to $676.6 billion. FTX notably escapted the derivatives downward trend, seeing its trading volume go up 12% in September, to $23.89 billion.
|
Tether Blacklisted 100 Addresses on Ethereum so Far
|
Stablecoin issuer Tether has blacklisted 100 addresses on the Ethereum network so far, 84 of which were blacklisted this year. Most of these were blacklisted after July.
The term “blacklisting,” The Block reports, means the addresses in question are unable to send, receive, or redeem USDT tokens, making any USDT held in them unusable.
On July 9, the stablecoin issuer reportedly blacklisted 39 Ethereum addresses holding USDT. An address may be blacklisted for various reasons, including law enforcement requests, freezing actions as part of a recovery process, and more.
Tether’s USDT, it’s worth noting, is circulating on various blockchains, including Ethereum, Omni, TRON, Algorand, EOS, BCH, and Liquid.
|
Ripple Enters Credit Lending with XRP ‘Line of Credit’
|
Ripple, a payments startup with a multibillion-dollar valuation and the biggest XRP holder, has announced a new service named “Line of Credit” that allows financial institutions on RippleNet to use XRP to make fast and low-cost cross-border payments for their customer, and pay Ripple later.
Speaking to CoinDesk, a company spokesperson said:
"This is our first time testing a product offering in the lending space. We may decide to build out a more robust offering in the future."
The credit line will reportedly allow small-to-medium enterprises to expand their business where they would otherwise face “stalled growth,” stopping them from competing with larger firms. Companies using On-Demand Liquidity (ODL) on its network of payment providers, RippleNet, will be able to buy XRP from Ripple on credit and will be charged a fee on the amount borrowed.
The service may not be available in all jurisdictions.
|
Cosmos' ATOM Joins Coinbase's Staking Reward Program
|
Coinbase launched 5% staking rewards for Cosmos' ATOM on October 5th. According to the Flipside Data Cooperative, this attracted over 18.6M more ATOM to be staked in a day. ATOM is only the second cryptocurrency to join Coinbase’s nearly year-old rewards program, after tezos (XTZ) kicked off the service in 48 U.S. states last November.
|
|
|
|
|
Crypterce - the New E-Commerce Store, Like Amazon but With Crypto
|
After more than 9 months of intense development, and the implementation of a very advanced logistics infrastructure, Sesterce announces the launch of its e-commerce store, Crypterce.
"It’s like Amazon in cryptos. The idea is to create a secure and reference-rich space, open to all, to be able to use its cryptos for everyday purchases (...) Our aim here is to increase the number of real applications for end consumers, and thus help the development and democratization of cryptos throughout the world" stated Younes El Manssouri, CEO of Crypterce.
Crypterce already offers several tens of thousands of products on its site, in 50 different categories. You will find everything: high tech equipment, gaming hardware, home equipment, sports stuff, toys, etc… The range of products available is really very wide.
The delivery can be made all over the world, and no less than 5 cryptocurrencies are already available to pay for your purchases: Bitcoin (BTC) of course, but also Ethereum ethers (ETH), Litecoin (LTC), Bitcoin Cash (BCH) or Ripple's XRP token.
Discover now Crypterce and take advantage of a 5% discount available for the next 24 hours with the code CRYPTOCOMPARE5.
|
|
|
|
|
State of the Crypto by Top Tier Exchange Volume
|
Build your project with CoinDesk Data
|
|
|
|
Terms
| Privacy
13 Charles II St, SW1Y 4QU
London, UK
This email may include advertisements by third parties. None of the advertised or promoted products and services have been verified or approved by us and this email is not any endorsement by us of the third party or of their products or services.
|
|
|
|
|
