powertrade

Web3 asset data platform RootData published a daily transparency alert on X, raising concerns about the financing information of projects such as PrimeXBT, Coincall, PowerTrade, Foxbit, and BTC Markets, and calling on project teams to submit/update information on RootData to improve their transparency scores. In addition, RootData stated that it will continue to monitor and expose "black box" projects that lack core information.It is reported that the RootData transparency score is used to measure the integrity and timeliness of a project, aiming to reflect the project's information disclosure situation. The transparency score is divided into 5 levels from A to F, with lower scores indicating less complete information disclosure and higher risks of wrongdoing, requiring investors to exercise heightened caution.

ChainCatcher news, according to CoinDesk, PowerTrade's Chief Business Officer Bernd Sischka stated that a trader purchased $2 million worth of Dogecoin (DOGE) call options at an execution price of $0.22 on Wednesday.The current trading price of DOGE is $0.166, and the purchased call options will expire on June 14, which means that DOGE must rise more than 31% for the trade to be profitable. The last time DOGE reached $0.22 was in March, but it has not exceeded this level since November 2021.

ChainCatcher news, according to The Block, BitMEX announced a partnership with PowerTrade to launch options trading on its platform, aiming to capture market share from Deribit.It is reported that PowerTrade is a cryptocurrency options platform, supported by Ascend Ventures, Pantera Capital, and Ledger Prime.