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Almost 7% of Bitcoin’s Circulating Supply Resides in Exchange Wallets, Demand for “Hard Assets” Is Increasing: Report

Nearly 7% of Bitcoin’s (BTC) total circulating supply resides in the wallets of eight major digital asset exchanges, according to The Token Analyst.On October 8, the Token Analyst noted via Twitter that throughout Bitcoin’s history, the amount of the most widely-used crypto assets stored on exchange wallets has been increasing

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John McAfee’s Decentralized Crypto Exchange Launches in Beta

American entrepreneur and vocal crypto advocate John McAfee has launched a decentralized exchange (DEX) running on the Ethereum (ETH) blockchain.McAfee DEX is set to run in a beta release status as of Oct. 7, according to the new platform’s official website and McAfee’s personal Twitter feed.“Centralized exchanges are our

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State-Authorized Crypto Exchange Criptolago Rolls Out Crypto Cards in Venezuela

Good news for crypto enthusiasts in Venezuela – both for investors and exchanges. The state-authorized crypto exchange, Criptolago, rolled out an equivalent of debit cards of crypto recently.The crypto debit card is designed to serve as an easy and efficient means of digital payment. Like the traditional debit card, the

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Venezuelan Exchange Rolls Out Crypto Debit Card with Petro Support

Two Venezuelan companies have partnered to release a cryptocurrency debit card and point-of-sale (PoS) system.“Crypto transfer device” supports four currenciesAccording to a social media release by state-sanctioned exchange CriptoLAGO on Oct. 1, the joint offering with so-called “investment cryptobank” Glufco is already taking orders. Translated part of the announcement

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Swiss Exchange SIX Lists Joint Bitcoin and Ether Exchange-Traded Product

Swiss crypto broker Bitcoin Suisse has partnered with fintech firm Amun to launch a new crypto exchange-traded product (ETP) on the country’s stock exchange SIX.“ABBA” Bitcoin and Ether ETP goes liveAs industry media outlet The Block reported on Oct. 3, the joint Bitcoin (BTC) and Ether (ETH) product, trading

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Swiss Digital Exchange Plans ‘Initial Digital Offering’ in 2020: Report

Swiss Digital Exchange (SDX), a digital asset trading platform by Switzerland’s principal SIX Swiss Exchange, will reportedly launch its initial digital offering (IDO) in 2020.SDX security tokenThe not-yet-launched SDX has reportedly set up a global consortium of financial institutions to back its IDO in the middle of 2020, Coindesk

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SIX Digital Exchange Gathers Financial Institutions for Initial Digital Offering

The IDO for its native SDX security tokens will take place next year in mid-2020 and the issuance of tokens will happen on an enterprise-grade blockchain built using R3’s Corda technology.In the latest development, Switzerland-based SIX Digital Exchange (SDX) has invited financial institutions from across the globe to back its

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