Monday, July 26, 2021

FTX and Binance will curb highly leveraged cryptocurrency trading, a practice that can vastly multiply losses; FTX offered 101x leverage, now down to 20x (New York Times)

New York Times:
FTX and Binance will curb highly leveraged cryptocurrency trading, a practice that can vastly multiply losses; FTX offered 101x leverage, now down to 20x  —  The moves would reduce the size of the bets that investors can make by drastically cutting the maximum leverage offered.



at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

South Korea's Kospi stock index breaks through the record 5,000 level, driven by chip stocks, led by Samsung, up ~3X, and SK Hynix, up ~4x, in the past year (Daniel Tudor/Financial Times)

Daniel Tudor / Financial Times : South Korea's Kospi stock index breaks through the record 5,000 level, driven by chip stocks, led by...