Digital asset prime broker FalconX has launched an automated clearing service aimed at improving capital efficiency for cryptocurrency miners in the Asia-Pacific region. The service is part of a broader platform for the industry that FalconX has launched to help miners operating in capital-constrained environments manage liquidity more effectively. FalconX revealed that it offers a service that automatically converts cryptocurrency mining rewards, including bitcoin, litecoin, and other proof-of-...
On August 30th, according to the median estimate of the agency's survey of four traders and refiners, Saudi Aramco may reduce the official selling price of Arab Light crude oil sold to Asia in October by $0.85/barrel. Compared with the increase of $0.2/barrel in September, the difference between the official selling price of Arab Light and the Oman-Dubai benchmark crude oil in October is estimated to be $1.15/barrel. Specifically, one respondent expects oil prices to decrease by $1/barrel, two r...