BitMEX CEO explains how perpetual swaps test altcoin value

As the cryptocurrency market matures, advanced trading instruments like perpetual swap contracts are increasingly influencing the value of altcoins, according to BitMEX CEO Stephan Lutz. Perpetual swap contracts are a type of crypto trading contract that lets traders bet on the price of a coin without actually owning it. The derivatives product functions similarly to…

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New Development in SEC-Ripple Drama Raises Eyebrows

Ripple’s longstanding battle with the U.S. Securities and Exchange Commission (SEC) seemingly came to a long-awaited end in March after the company dropped its cross-appeal. Last week, however, a new development emerged in the case, with a man named Justin W. Keener filing an emergency request to submit “decisive evidence” in favor of Ripple. He claims…

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Hackers hide crypto address-swapping malware in Microsoft Office add-in bundles

Malicious actors are attempting to steal crypto with malware embedded in fake Microsoft Office extensions uploaded to the software hosting site SourceForge, according to cybersecurity firm Kaspersky. One of the malicious listings, called “officepackage,” has real Microsoft Office add-ins but hides a malware called ClipBanker that replaces a copied crypto wallet address on a computer’s…

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