Latest Leveraged News

  • Dogecoin Margin Trading and Saving Accounts Now on OKEx
    Dogecoin Margin Trading and Saving Accounts Now on OKEx
    The announcement follows a Dogecoin marketing campaign that caused the coin’s price to surge 124% in two days. Cryptocurrency exchange OKEx launched saving accounts and margin trading for meme cryptocurrency Dogecoin (DOGE). According to an announcement shared with Cointelegraph on July 9, OKEx announced that leveraged spot trading, perpetual swap contract trading, and saving features will launch tomorrow for the meme-based cryptocurrency, Dogecoin. OKEx did not answer Cointelegraph’s inquiry by press time. Exchanges capitalize on the Dogecoin crazie The announcement follows a recent Dogecoin viral marketing campaign conducted by its fans on social media video platform TikTok.
  • Kraken’s Subsidiary Becomes the First Licensed Derivatives Platform to Offer Leveraged Crypto in the EU
    Kraken’s Subsidiary Becomes the First Licensed Derivatives Platform to Offer Leveraged Crypto in the EU
    Kraken Futures, a subsidiary of Kraken, also known as Crypto Facilities has announced it had been granted a Multilateral Trading Facility (MTF) license from the United Kingdom’s Financial Conduct Authority (FCA).
  • Researchers Say New Lightning Network Attack Could Create ‘Chaos’
    Researchers Say New Lightning Network Attack Could Create ‘Chaos’
    The Lightning Network is susceptible to attacks that could drain Bitcoin wallets by flooding the blockchain. A study published on June 29 revealed a way to drain Bitcoin (BTC) wallets’ funds on the Lightning Network by exploiting a bottleneck in the system. According to the “Flood & Loot: A Systemic Attack On The Lightning Network” paper, Jona Harris and Aviv Zohar from the Hebrew University in Israel evaluated a systemic attack on the Lightning Network that allows for the theft of BTC funds that were locked in payment channels. Flooding the blockchain with simultaneous attacks The Lighting Network is used to send payments through intermediary nodes, which can be leveraged to steal Bitcoin. Thi
  • Massive Cyberattack on Australia Uses Cryptojacking Exploits
    Massive Cyberattack on Australia Uses Cryptojacking Exploits
    A report from the Australian Cyber Security Centre highlights a vulnerability related to attacks using cryptojacking malware. The Australian Cyber Security Centre said a group of “state actors” hacked Australian networks on June 19 and one of the vulnerabilities they exploited is related to cryptojacking malware attacks.  According to the 48-page report released on June 24, the threat actors exploited four critical vulnerabilities in Telerik UI, including CVE-2019-18935, which was recently leveraged by the Blue Mockingbird malware gang to infect thousands of systems with XMRRig, a Monero (XMR) mining software. Vulnerability mostly used for cryptojacking purposes Although the advisory didn’t say if hackers could have installed cryptojacking malware during the recent massive cyberattack, such vulnerability is the preferred one for the cybercriminals for installing crypto-mining applications within corporate networks.  The report elaborates on the CVE-2019-18935 vulnerability, which also has similarities with the ones that Cointelegraph reported on the Blue Mockingbird’s attack, although it doesn’t imply that such gang participated in the cyberattack against Australia: “Other exploit payloads were identified by the ACSC most commonly when the actor’s attempt at a reverse shell was unsuccessful.
  • Blockchain Verifies the Authenticity of Non-Genuine Nikes
    Blockchain Verifies the Authenticity of Non-Genuine Nikes
    An Australian custom shoemaker is using VeChain to verify the authenticity of its licensed Nike shoes. Blockchain-based traceability platform VeChain will be used to power the issuance of a limited-edition run of licensed Nike Air Max 1 shoes. Announced on June 24, Australian shoemaker Chase Shiel and retailer The Kickz Stand have partnered to produce a limited run of the sneakers — which are also based on Stussy’s ‘SB Dunk’ shoe that was launched in 2005. The shoes will go on sale from June 28 and will be sold exclusively through Chase Shiel’s website. VeChain authenticates custom footwear The Kickz Stand announced the upcoming limited release of the Air Max 1-inspired shoes on June 24, with a tweet emphasizing that the shoes will be traced using VeChain’s ToolChain Suite and Thor Blockchain. The Australian shoemaker first revealed that they were partnering with VeChain in November 2019, tweeting that the traceability platform would be leveraged to prove authenticity and fight counterfeit products. Chase Shiel’s shoes are shipping with VeChain’s tracking chip, which allows customers and retailers to access detailed product information by scanning a QR code. While the decision to work with a licensed shoe manufacturer to ensure the authenticity of non-genuine Nike’s may amuse some, Redditor ‘Nopers5’ believes the blockchain firm is angling to get a call from Nike proper once they spot VeChain’s work with licensees: “This is the best strategy by Vechain.
  • Leveraged Tokens Soon Available on the Bitcoin.com Exchange
    Leveraged Tokens Soon Available on the Bitcoin.com Exchange
    Four new tokens by Amun will be listed on the Bitcoin.com Exchange this Thursday.