Coinbase releases trading for New York residents in a move which sparked a 22% XRP price move. United States cryptocurrency exchange Coinbase confirmed it had rolled out XRP trading to New York users in a social media update on May 13. Amid bitcoin’s (BTC) ongoing bull market, XRP topped the day’s best performers on Tuesday […]
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Bakkt is pursuing self-certification as a licensed bitcoin custodian, as it looks to obtain CFTC approval for the launch of its physically backed BTC futures contracts. The Intercontinental Exchange (ICE) is reportedly taking steps to ensure approval from the United States Commodity Futures Trading Commission (CFTC) for its bitcoin futures contracts platform — Bakkt. ICE, […]
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A deeper look into Starbucks’ crypto plans. The United States coffeehouse chain Starbucks is one of the most mainstream companies to look into crypto, and its intentions have finally been confirmed this week: The company has teamed up with Microsoft to track its beans with a blockchain. Moreover, reports say that the coffee giant might […]
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Fidelity may soon offer crypto trading, Facebook Coin may be launched in Q3 2019, and more. Top Stories This Week Hackers Withdraw 7,000 Bitcoins in Binance Crypto Exchange Security Breach Binance, one of the largest cryptocurrency exchanges by daily trade volume, experienced a security breach this week, losing a little over 7,000 bitcoins (BTC). CEO […]
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For the first time in three years, the Royal Bank of Scotland and Barclays have managed to speed up commercial real estate transactions using blockchain. The first properties record are to be digitized in England and Wales. Recently, Barclays and the Royal Bank of Scotland (RBS), with the participation of enterprise software company R3, successfully […]
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The U.S. senate is seeking information on Facebook’s secretive cryptocurrency project. The Committee on Banking, Housing, and Urban Affairs of the United States Senate is seeking information on Facebook’s reported cryptocurrency project. The committee addressed its concerns to Facebook founder and CEO Mark Zuckerberg in a letter on May 9. In a series of questions, […]
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Founded by the former SoFi CEO, Figure completed a $1 billion “uncommitted” financing facility via blockchain with Jefferies and WSFS. Morgan Creek-backed blockchain equity loan platform Figure has completed a $1 billion “uncommitted” financing facility via blockchain, the firm announced in a press release on May 9. Custodied on Figure’s blockchain platform Provenance.io, the new […]
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Malta-based cryptocurrency bank Founders Bank hired former Deutsche Bank executive Kenan Altunis as its new CEO. Malta-based cryptocurrency bank Founders Bank has appointed former executive of Deutsche Bank as its new CEO, according to a Bloomberg report on May 9. Backed by major global crypto exchange Binance, Founders Bank plans to assist blockchain and crypto-related […]
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Indian cryptocurrency exchange Coinome has announced it will be halting operations as of May 15, ostensibly due to regulatory difficulties. Indian cryptocurrency exchange Coinome has announced it will be halting operations as of May 15, ostensibly due to regulatory difficulties. The development was announced in an official tweet from the exchange on May 9. As […]
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Nordea is expanding its blockchain-based we.trade platform to small and medium-sized enterprise clients. Nordic private banking institution Nordea is expanding its offering of the blockchain-based trading platform we.trade to its small and middle-sized business customers (SMEs), according to a press release on May 9. The platform will purportedly help address trust deficits extant in current […]
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