Bitfinex Derivatives, a derivatives platform accessible through Bitfinex, yesterday announced the launch of perpetual contracts for Shiba Inu (SHIBF0:USTF0), OMG Network (0MGF0:USTF0), Bitcoin and Euro Tether (BTCF0:EUTF0), and Ethereum and Euro Tether.The pairs go live next month. Shiba Inu and OMG Network contracts will be settled in Tether tokens (USDt). BTCF0:EUTF0 and … [Read more...] about Bitfinex Derivatives launches perpetual swaps for Shiba Inu and OMG Network
OMG
OMG Tanks Over 25% as Exchanges See Record Inflows After BOBA Airdrop snapshot
The uptick in the lead-up to the airdrop snapshot and the subsequent sell-off is related to the “buy the rumor, sell the fact” trade often observed in stock markets and recently seen in bitcoin. The concept is based on the belief that market participants, being forward-looking, tend to buy an asset when expecting positive developments and take profit, driving the market lower … [Read more...] about OMG Tanks Over 25% as Exchanges See Record Inflows After BOBA Airdrop snapshot
OMG eyes a new all-time high after unveiling its ‘Boba Network’ layer-2 solution
In September the frenzy that propelled the nonfungible token (NFT) sector quieted down but a burst of fresh energy emerged as the layer-two sector heated after the successful launch of Ethereum (ETH) scaling solutions like Arbitrum and Optimism. Another project that has benefited from the sector's transition to layer-1 and layer-2 alternatives is OMG Network (OMG), a … [Read more...] about OMG eyes a new all-time high after unveiling its ‘Boba Network’ layer-2 solution
DeFi, staking are live on OMG Network via an Ethereum scaling solution
The public testnet of OMGX protocol, a layer-2 platform that supports Ethereum smart contracts and token staking, is now live. The protocol is a joint project between computational lab Enya and the OMG Network. “We’re thrilled about the vision of OMGX, which brings us back to OMG’s core mission of scaling Ethereum,” ended Clement Ip, Partner at Genesis Block Ventures (GBV), … [Read more...] about DeFi, staking are live on OMG Network via an Ethereum scaling solution