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CME Bitcoin Trading Product Records Show Institutional Participation Uptick

Mainstream market exchange, the Chicago Mercantile Exchange, or CME, recently posted record numbers for its Bitcoin (BTC) trading products. May 14 yielded open interest of 10,792 Bitcoin futures trading contracts at CME, totalling 53,960 BTC — an all-time high for the product, according to information a CME representative provided to Cryptox.  On

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Ripple Seems to Be Developing a Blockchain-Based Working Capital Loans Product

The blockchain-based payment network Ripple recently added a job opening on its official website for a “Director of Product Management, Loans.”The description indicates that Ripple is working on a new loan product to help its customers with working capital loans.Working capital loans are loans companies take to financially support their

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OKEx Announces Elite Trading Team Contest on its Derivatives Product, Offers 150,000 USDT Reward

The global cryptocurrency spots and derivatives exchange platform, OKEx doesn’t need any introduction. Known for its trading and other cryptocurrency-related products and services, the platform has now started an initiative to encourage and reward its traders.The Elite Trading Team Contest by OKEx offers a chance for traders on the platform

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BitMax.io and Bithumb Korea Announce Strategic Partnership to Enhance Product Platform and Accelerate Global Expansion

Singapore / Feb 17, 2020 – BitMax.io, a Singapore-registered digital asset trading platform with a global footprint, and Bithumb Korea, a South Korean-based cryptocurrency exchange, are pleased to announce a strategic global partnership leveraging their respective market presence and expertise.  Founded by a group of Wall Street quant trading veterans in

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Lightning Labs Secures $10M in Investments, Releases Beta of First Paid Product

Lightning Labs, the developer of the high-speed transaction protocol Lightning Network (LN), has secured $10 million in Series A funding round.The news was announced by Lightning Labs CEO and co-founder, Elizabeth Stark, in a blog post on Feb. 5. The company plans to allocate the raised funds to further

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