Cryptocurrency Analysis and News Portal
Linda A. Lacewell, Superintendent of Financial Services, confirmed that New York State Department of Financial Services (NYDFS) has allowed Paxos Trust Company LLC to offer a gold-backed virtual currency.This will be the first such virtual currency due to be authorized by NYDFS that will be backed by the gold and
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Open source blockchain platform Waves and blockchain game distribution platform The Abyss will jointly launch a blockchain-based marketplace of digital goods and in-game items.In a blog post published on Sept. 5, The Abyss revealed its collaboration with the Waves Platform, aimed at the development of a blockchain-powered marketplace of
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Binance, the biggest crypto exchange by volume, and digital asset trust company Paxos announced its partnership to launch a USD-backed stablecoin, which has received approval from the New York State Department of Financial Services (NYDFS)Binance USD available later this monthIn a press release shared with CryptoX on Sept. 5,
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A venture arm of major global crypto exchange Binance has led a $5.7 million funding round to launch new decentralized blockchain protocol, the FIO Protocol.According to a press release shared with CryptoX on Sept. 5, Binance labs has invested in Denver-based blockchain usability firm Dapix, which is developing the
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After a massive demand for its Bitcoin Futures Contract this year, the CME Group is planning to introduce Bitcoin options contracts as per the internal source.Back in December 2017 when Bitcoin was trading at its all-time high of $20,000, the Chicago Mercantile Exchange (CME) was the first to launch Bitcoin
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One of the largest cryptocurrency exchanges, Huobi, recently announced its plan to launch a blockchain-powered smartphone, titled “Acute Angle,” in Southeast Asia next week.During the launch of Huobi Prime 6, Huobi global will launch Whole Network’s native NODE crypto token and its innovative Acute Angle blockchain phone, which qualified users
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Tech Mahindra, the IT subsidiary of Indian conglomerate Mahindra Group, partnered with American distributed ledger technology (DLT) firm Adjoint to launch a blockchain financial management and insurance solution.Telecommunications industry news outlet CommsMEA reported on Sept. 2 that the solution is the first of its kind. With this service, clients
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Roger Ver’s Bitcoin.com has launched a cryptocurrency exchange with a promotional negative fee, meaning users get an intrinsic discount on their trades, September 2, 2019. The head of the exchange, Danish Chaudhary, believes this will be key to getting more users and amassing adoption. Bitcoin.com is a wallet and product
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The Bakkt launch is one of the most anticipated and talked about in the sector currently. We take a look at whether or not this means anything for Bitcoin at all.It’s less than a month until Bakkt officially launches its Bakkt Warehouse. From Friday, the 6th of September, interested users
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Swiss-based blockchain fintech company Jibrel Network, a blockchain-based fintech company has just launched Jibrel.com — a new regulated blockchain-powered private financing platform.advertisementIt was recently accepted into the Abu Dhabi Global Market (ADGM) RegLab cohort in the UAE and the words of Yazan Barghuthi, Jibrel’s co-founder and CEO: “We are excited to
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