Author: cashtechnews

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BitOasis Secures Preliminary Approval With UAE Financial Regulator

May 13, 2019cashtechnews

BitOasis has reportedly secured preliminary approval with the Financial Services Regulatory Authority of the Abu Dhabi Global Market. United Arab Emirates-based cryptocurrency exchange BitOasis has reportedly secured preliminary approval with financial regulators, Bloomberg reported on May 13. Founded in 2015, BitOasis claims to be the Middle East’s first digital currency wallet that uses multi-signature technology. […]

Grayscale Reports Vast Majority of Investments in Q1 2019 Were in Bitcoin Trust

May 13, 2019cashtechnews

New York-based crypto asset manager Grayscale reported a 42% growth in its product inflows in Q1 2019 over the previous quarter. American digital asset manager Grayscale Investments reported a 42% growth in its product inflows in Q1 2019 over the previous quarter, the firm announced in a new financial report on May 13. Grayscale was […]

Microsoft Builds Decentralized Identity Network Atop Bitcoin Blockchain

May 13, 2019cashtechnews

Microsoft is developing a decentralized identity network because, “every person needs a decentralized, digital identity they own and control…” Microsoft is building a decentralized identity (DID) network atop of the bitcoin blockchain, the tech giant announced on May 13. In a blog post, the company said the infrastructure, known as the Identity Overlay Network (ION,) is based on […]

Charles Hoskinson to Launch Security Token Blockchain With Polymath

May 13, 2019cashtechnews

The Ethereum co-founder will work to build a platform dedicated to compliant security token development. Security token platform Polymath will build a separate blockchain for regulation-compliant tokens with an Ethereum (ETH) co-founder, the company confirmed in a blog post on May 13. Polymath, which has already contributed to the launch of over 100 security tokens, […]

Paxos Now Allows for Instantaneously Redeeming Unlimited Amounts of PAX for USD

May 13, 2019cashtechnews

Every PAX deposited on the company’s platform can now be immediately sent as USD to a bank account. The company behind the Paxos Standard (PAX) stablecoin announced that its users can now instantaneously redeem unlimited amounts of its tokens for United States dollars. The development was described in a blog post published on May 13. […]

Flexa Launches App Where Shoppers Can Spend Crypto at 15 Major US Retailers

May 13, 2019cashtechnews

Major American brands such as Barnes & Noble, GameStop and Whole Foods Market are among the retailers accepting payments. Payments startup Flexa unveiled an app where consumers can spend cryptocurrencies at major American retailers. The app was unveiled during the first day of the Consensus conference in New York City on May 13. Tyler Spalding, the company’s […]

HBUS Survey: Almost 12% of US Cryptocurrency Holders Are Long-Term Investors

May 13, 2019cashtechnews

Almost 12% of crypto holders are long-term investors, according to a survey released by HBUS. Almost 12% of crypto holders are long-term investors, according to a survey shared with Cointelegraph on May 13 by HBUS, the operator of United States-based cryptocurrency exchange Huobi. The company reportedly surveyed 1,067 American participants between March and April this […]

Bakkt to Roll Out First Bitcoin Futures Testing in July 2019

May 13, 2019cashtechnews

First announced in August 2018, ICE’s Bakkt is planning to test bitcoin futures trading and custody in July 2019. Bakkt plans to roll out testing for bitcoin futures trading in early July 2019, Bakkt CEO Kelly Loeffler announced in a Medium post on May 13. First announced in August 2018, institutional crypto exchange Bakkt now […]

Bitcoin Worth Over $7,400 Again as US Stock Market Sees Moderate Downturn

May 13, 2019cashtechnews

Most of the top 20 cryptocurrencies are reporting moderate gains on the day as bitcoin crossed the $7,400 mark. Monday, May 13 — most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time, as bitcoin (BTC) has crossed the $7,400 mark. Market visualization courtesy of Coin360 Bitcoin is up […]

Ethereum Consortium Launches New Enterprise Tools With Input From Microsoft, Intel

May 13, 2019cashtechnews

The blockchain standards organization has released two new specifications aiming to enhance blockchain implementation for enterprises. Member-driven blockchain standards organization the Enterprise Ethereum Alliance (EEA) has released two new specifications aiming to accelerate and enhance blockchain implementation for enterprises. The news was shared with Cointelegraph in two press releases on May 13. The EEA, which […]

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Author: cashtechnews

BitOasis Secures Preliminary Approval With UAE Financial Regulator

Grayscale Reports Vast Majority of Investments in Q1 2019 Were in Bitcoin Trust

Microsoft Builds Decentralized Identity Network Atop Bitcoin Blockchain

Charles Hoskinson to Launch Security Token Blockchain With Polymath

Paxos Now Allows for Instantaneously Redeeming Unlimited Amounts of PAX for USD

Flexa Launches App Where Shoppers Can Spend Crypto at 15 Major US Retailers

HBUS Survey: Almost 12% of US Cryptocurrency Holders Are Long-Term Investors

Bakkt to Roll Out First Bitcoin Futures Testing in July 2019

Bitcoin Worth Over $7,400 Again as US Stock Market Sees Moderate Downturn

Ethereum Consortium Launches New Enterprise Tools With Input From Microsoft, Intel

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