BitMEX to Launch Bitcoin-Settled Futures Tracking Ether Price Against Dollar

Cryptocurrency exchange BitMEX launched a new Ether -based futures contract on its trading platform. Cryptocurrency exchange BitMEX announced a new Ether (ETH)-based futures contract on its trading platform. According to an April 24 announcement, the new derivative contract will feature a fixed Bitcoin (BTC) multiplier which will be unaffected by the Ether price in U.S. […]

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Bitcoin-Backed ‘Cryptodollar’ to Combat Hyperinflation in Venezuela

Colombian startup Valiu has launched its ‘cryptodollar’ — Bitcoin-backed synthetic USD that Venezuelans can use for payments and remittances. Colombian-based cross-border remittance start-up Valiu has launched Bitcoin-backed synthetic U.S. dollars as a means for Venezuelans to access stable assets and bypass the hyperinflation plaguing their national economy. It’s still in Alpha, but Valiu has partnered […]

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