Anyhedge to Launch Blockchain-Enforced Synthetic Derivatives for Bitcoin Cash
Developers from the organization General Protocols have announced the launch of a synthetic derivatives platform built on Bitcoin Cash. The project Anyhedge
Read More
Launch
Binance to Launch Crypto Exchange Supporting KRW-Backed Stablecoin
Crypto exchange Binance is preparing to enter the Korean market for the first time.According to a company blog post on March 31, the Malta-based exchange will soon open Binance KR for trading. The crypto-to-crypto exchange is so named for South Korean traders. Binance KR will be launched on Binance Cloud
Read More
Tether’s Dominance Solidified as more Exchanges Launch Bitcoin USDT Futures Contracts
In brief: In the last week, two prominent crypto exchanges have launched Bitcoin USDT perpetual contracts. They include Bybit and KuMex (KuCoin’s derivatives platform.) Tether (USDT) is ranked 4th according to market cap. Its website states the company has $6.229 Billion in assets. Trading of Bitcoin futures contracts has become more popular as crypto traders
Read More
Will China Launch its Blockchain Service Network Amid the COVID-19 Pandemic?
Numerous cryptocurrency media outlets have published recent reports asserting that China’s Blockchain Service Network will launch in April 2020.However, these predictions appear to be based on local reports published prior to China’s first official fatality resulting from COVID-19.China’s Blockchain Service Network commences testing in October 2019On October 15, 2019,
Read More
South Korea’s Largest Bank Launch a Crypto Custodial Service
Major South Korean bank KB Kookmin Bank is expected to launch a cryptocurrency custody service in the near future.According to a report from local news outlet Digital Today on March 27, the bank filed a trademark application for KBDAC, referring to a proposed Digital Asset Custody subsidiary, at the
Read More
Telegram Is Losing to the US SEC, TON Community Can Launch Network Regardless
As Telegram’s legal battle with the United States Securities and Exchange Commission continues to unfold, the U.S. authorities have convinced the judge to bar the company from issuing Gram tokens — at least in the near future.On March 24, the U.S. District Court for the Southern District of New
Read More
Payment Provider NetCents Readies Cryptocurrency Credit Card for Launch
Canadian cryptocurrency payments provider, NetCents, has completed the technical integration of its consumer credit card into its proprietary ecosystem. NetCents announced March 20 that it had begun edge-case scenario testing in real-world environments in order to ready the card for launch.Not like other crypto credit cardsThe NetCents credit card
Read More
PegNet Has Moved $500M Through Its Network Since Launch
Today stablecoin network PegNet cleared $500 million dollars in conversions, according to data from PegNetMarketCap.com. This means a half-billion dollars in value has moved over the platform’s rails since it launched in August 2019.PegNet is a decentralized non-custodial network of tokens that are pegged to different world currencies and
Read More
European Financial Institutions to Launch Blockchain Investment Platform
Major European financial institutions are jointly launching a blockchain-based platform for the investment fund industry.The system was initially incubated by the Luxembourg Stock Exchange and its affiliate Fundsquare, which, alongside Clearstream, Credit Suisse Asset Management and Natixis Investment Managers, have announced a Series A investment round for “FundsDLT.”FundsDLT for
Read More
Binance to Launch Fiat Support in South Africa, Donate $1M to Blockchain Education
Binance CEO Changpeng Zhao has announced that the company will launch a fiat gateway for South African users, allowing them to make Rand deposits. The announcement was made on day one of the Blockchain Africa conference being held in Johannesburg this week.CZ confirmed that South African traders would soon
Read More