Cryptocurrency Analysis and News Portal
Singapore-based exchange Bitrue is launching a low-interest crypto lending platform, the company said. The service, which goes live on Sept. 30, loans BTC, ETH XRP and USDT at a 0.04% daily interest rate. Users pledge existing Bitrue-held crypto assets
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It has been a hugely eventful year in the crypto sphere, and perhaps one of the most important developments has been the announcement of Facebook’s Libra. However, as soon as it was announced that it was going to be launched next year, plenty of influential regulators expressed their doubts about the
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Coincheck’s parent company Monex Group has voted to grant crypto to shareholders as a mid-term benefit in addition to regular redeemable points. In a statement, the Japanese online brokerage firm indicated that for fiscal year 2019, shareholders will receive bitcoin as a mid-term benefit. Monex Group will reward its
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The ripples of the Libra effect are beginning to lap against the shores of Europe, with French Finance Minister Bruno Le Maire suggesting that Europe should throw its hat into the ring and launch its own digital currency. Le Maire’s announcement comes at a time when EU politicians are
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Leading insurance broking and risk management firm Marsh has piloted a blockchain-based digital placement platform.Per a Sept. 24 press release, the Risk Exchange platform aims to ensure a more transparent and secure digital placement and enables users to receive real-time information and feedback on the placement and binding process.Insurance
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Deutsche Bank Securities Services has successfully piloted a solution using distributed ledger technology (DLT) to enable further automation of custodial services – a solution which addresses the transparency requirements within many custodial services, such as around the tax processing of asset holdings at an ultimate beneficial owner level, and streamlines
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Montreal-based digital asset custodian Knøx has secured $8.25 million in a seed round to support its crypto custody service for institutional customers and fiduciaries.The funding round was led by San Francisco-based venture capital firm Initialized Capital, with the participation of financial services giant Fidelity and venture firm iNovia, Canadian
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Kik, one of the largest messaging applications to operate on a global scale, has decided to shut down in the face of a ferocious legal battle with the U.S. Securities and Exchange Commission (SEC) that has exhausted the company’s chances for survival. Recently, the company issued a layoff notification to
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Innovative blockchain workflow management software Proxeus self-coined “WordPress of Blockchain”, has just published a version of its software ready to use on the Ethereum mainnet, which will allow Blockchain neophytes the ability to create and publish document-centred blockchain applications. advertisement “Going to mainnet is a big milestone for Proxeus,” said cofounder Antoine
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Bitcoin (BTC) price fell below $9,700 on Sept. 24 as bears continued to dictate market performance and limit gains.Cryptocurrency market daily overview. Source: Coin360Bitcoin price struggles to hold $9,700Data from Coin360 painted a gloomy picture for Bitcoin investors on Tuesday, with BTC/USD bouncing off lows of $9,630 to hover
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