Crypto News

Financial derivatives provider Eightcap is now offering a contract for difference (CFD) based on the CoinDesk 20 Index (CD20), which offers a weighted performance of the largest digital assets.The CD20 CFD is now available to traders in both fiat and USDT pairs as an over-the-counter (OTC) derivatives product to retail traders, according to an announcement on Monday.CFDs are derivatives instruments where traders and brokers exchange the difference in an asset's value at the opening and closing of a contract.The CD20 CFD will "bridge the gap between traditional finance and the digital asset space by delivering institutional-grade crypto index access within a robust, compliant framework," Eightcap said in the announcement.Melbourne-based Eightcap holds regulatory licenses in the U.K., European Union (EU) and...

Adam Back took to social media to debunk claims about paper bitcoin, stating that large institutions are taking delivery of their purchases with custodians. However, a discussion ensued, with some claiming that this phenomenon is real and that there are billions of fake BTC in the market. Adam Back Debunks Paper Bitcoin: Is It Fake?Source link

Spanish police arrested five members of a suspected crypto fraud operation that allegedly laundered 460 million euros ($540 million) stolen from over 5,000 victims.The bust, carried out by Guarda Civil, the armed wing of the country's law enforcement agencies, saw three arrests from searches in the Canary Islands and two in Madrid on June 25.The investigation was supported Europol, as well as police forces from Estonia, France and the U.S.The criminal network raised funds through cash withdrawals, bank transfers and crypto payments, Europol said in a statement on Monday.Investigators suspect the organization of having set up a corporate and banking network out of Hong Kong to receive, store and transfer criminal funds through accounts in different names and in different...

Metaplanet’s Bitcoin stash grew by 46,806 BTC in June, fueling both investor excitement and concerns among industry observers.Source link

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