BTC $84,561.69 -1.63%
ETH $2,679.00 -1.81%
BNB $766.02 -1.44%
XRP $1.49 -2.52%
SOL $119.43 -1.86%
TRX $0.3351 +0.29%
DOGE $0.0929 -3.05%
ADA $0.2453 -3.61%
BCH $310.39 -1.43%
LINK $14.07 -2.31%
HYPE $88.09 -2.20%
AAVE $180.11 -2.69%
SUI $1.14 -2.72%
XLM $0.2147 -3.37%
ZEC $1,316.72 -4.53%
AAPL $333.34 +0.72%
AMZN $251.86 +0.98%
GOOGL $343.70 +1.12%
MSFT $517.48 +0.33%
META $727.38 -0.14%
NVDA $234.26 +1.09%
TSLA $370.89 +4.26%
SNDK $1,719.27 -3.85%
INTC $118.22 -2.08%
SPCX $158.97 +6.55%
MU $1,068.39 -2.36%
AMD $632.79 +2.22%
BTC $84,561.69 -1.63%
ETH $2,679.00 -1.81%
BNB $766.02 -1.44%
XRP $1.49 -2.52%
SOL $119.43 -1.86%
TRX $0.3351 +0.29%
DOGE $0.0929 -3.05%
ADA $0.2453 -3.61%
BCH $310.39 -1.43%
LINK $14.07 -2.31%
HYPE $88.09 -2.20%
AAVE $180.11 -2.69%
SUI $1.14 -2.72%
XLM $0.2147 -3.37%
ZEC $1,316.72 -4.53%
AAPL $333.34 +0.72%
AMZN $251.86 +0.98%
GOOGL $343.70 +1.12%
MSFT $517.48 +0.33%
META $727.38 -0.14%
NVDA $234.26 +1.09%
TSLA $370.89 +4.26%
SNDK $1,719.27 -3.85%
INTC $118.22 -2.08%
SPCX $158.97 +6.55%
MU $1,068.39 -2.36%
AMD $632.79 +2.22%

ear

All
Article
Flash

first_img Cboe is exploring the launch of VIX perpetual futures, still in the early stages

According to CoinDesk, Cboe is exploring the launch of perpetual futures linked to the VIX index, which is still in the early stages, with no contract specifications yet and no filing documents submitted. This news comes from Bloomberg.The VIX index measures the expected volatility over the next 30 days as reflected by the pricing of S&P 500 options. As investors buy options to hedge against sharp market declines, the demand for options during downturns surges, thereby raising the index, which is why it is regarded as Wall Street's "fear gauge." Perpetual futures were first proposed by economist Robert Shiller in 1993 and were subsequently commercialized by the cryptocurrency industry.A mature derivatives ecosystem has already formed around the VIX, covering futures, options, and exchange-traded products tracking the index. However, futures come with expiration dates, and when contracts terminate, traders must roll over their positions or shift their bets to the next available contract. This rolling operation is costly and erodes returns, which was a major criticism faced by Bitcoin futures ETFs when they debuted at the end of 2021.In contrast, perpetual swaps never settle and instead anchor contract prices to the spot index through a funding rate mechanism, theoretically providing investors with the closest investment channel to the actual VIX spot price. Martin Lee, Head of Market Insights at DWF Labs, told CoinDesk that traders do not need to worry about expiration and value decay, as they can focus solely on assessing the direction of the underlying asset. He expects a strong trend of "perpetualization" to emerge in the coming months.

first_img Spanish police arrested a 16-year-old boy involved in operating the KillSec ransomware group

According to Decrypt, the European Union's law enforcement agency reported that Spanish police arrested a 16-year-old Romanian suspect in Alicante, suspected of being an administrator and main operator of the ransomware group KillSec.Two other suspects in their twenties were arrested in the UK and Romania, respectively; another developer who just turned 18 in August this year has been identified but has not been arrested due to some crimes occurring during their minor years.This operation, codenamed Operation KillSwitch, was led by the Hamburg State Criminal Police and the city's prosecution office, focusing on approximately 1,000 suspected attacks worldwide, with about 500 confirmed as successful intrusions.Law enforcement searched eight locations in Spain, Greece, Romania, and the UK, seized five central servers, and redirected related domain names to seizure announcement pages, while also confiscating at least 110 TB of stolen data.KillSec has been active since around 2024, exploiting software vulnerabilities and poorly secured cloud storage entry points to infiltrate corporate systems, copying internal data and naming victim organizations on dark web leak sites, threatening to publicly release documents to demand cryptocurrency ransoms, and if the target refuses to pay, they release the data for free.The Swiss Federal Police noted that the group also employed double extortion tactics, first encrypting servers and then applying pressure. U.S. prosecutors' charges indicate that a Dutch national residing in the UK, Fouad Eltibrizi (nicknamed Archduke), was indicted by a federal grand jury in Puerto Rico on September 16, subsequently arrested, and awaiting extradition, facing up to 10 years in prison. The European Cybercrime Centre, under the European Union Agency for Law Enforcement Cooperation, is assisting in tracing cryptocurrency funds and conducting digital forensics.
app_icon
ChainCatcher Building the Web3 world with innovations.