Sunday, March 7, 2021

Binance Futures Launches Cardano (ADA) Against Tether (USDT) Perpetual Contract

About 24 hours ago, Binance Futures announced its move to launch Cardano (ADA) against Tether (USDT) (ADA/USDT) perpetual contract on 31st January 2020 (UTC).

According to the report released on Binance official website, users will be able to select between 1-75x leverage. The trading pair of ADA/USDT perpetual contract is now live on the exchange, considering the scheduled time reported.

The exchange added that it will prevent market manipulation by implementing a pricing limit of ±1% on the mark price within the first 15 minutes after the trading starts.

Binance warned the users about the high risk that abound in the Futures trading. There is a possibility for major gains and losses due to the high volatility of the prices of digital currencies in the market. So, this may liquidate all margin balance in users’ futures wallet.

Cardano’s IOHK Releases Jormungandr 8.9

According to the CEO of Cardano and founder of IOHK, Charles Hoskinson, IOHK has released Jormungandr version 8.9 just hours after announcing the release of version 8.8 as reported by Herald Sheets a couple of hours ago.

He said, “We released Jormungandr 0.8.9 to patch a regression from 0.8. Make sure to upgrade.”

Below are the fixes made to version 8.8 issues with bootstrapping to bring forth the latest version 8.9 as shared on Github.

  1. fix panic in network bootstrap where the block was ahead of the validated ones.
  2. use checkpoints when bootstrapping.
Tobi Loba
Tobi-Loba is a creative and an award-winning writer with over 5 million readers from all over the world. She has B.A in English and Literature from a reputable University and currently studying for her M.A in the same field. She recently became a contributor at Herald Sheets in order to satisfy her thirst in reporting crypto and blockchain occurrences, the interest she built over the years.

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