Hong Kong-based algorithmic crypto trading firm GSR launched cryptocurrency variance swaps, a product for hedging against volatility. Hong Kong-based algorithmic crypto trading firm GSR launched cryptocurrency variance swaps, a product for hedging against volatility. The company announced the development in a press release published on April 24. Per the announcement, the variance swaps will allow […]
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The crypto lender says bitcoin has continued to represent the lion’s share of its loan portfolio, but demand for ethereum has halved. Cryptocurrency lender Genesis processed $425 million in loans over the first quarter of 2019, according to a report released on April 25. The company’s Q1 Digital Asset Lending Snapshot revealed bitcoin (BTC) continues […]
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Representatives from Galaxy Digital, Coinbase and Binance were among those said to have attended January’s talks. More than 20 of the crypto market’s biggest traders gathered in January for talks on making digital assets and tokens part of the global financial architecture, according to a Bloomberg report published on April 25. The meeting was reportedly […]
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The teenage rapper, who has tens of millions of fans on social media, is now accepting Lightning Network payments for merchandise. American rapper Lil Pump has started accepting bitcoin (BTC) payments through his merchandise store Unhappy, according to his website. Fans of the 18-year-old, known for his catchphrase “Esskeetit” and his most recent album Harverd […]
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The Ministry of Economic Development of Russia wants to pilot the use of unregulated tech in Moscow and other regions. Moscow and three other Russian regions will legally pilot the use of cryptocurrencies and blockchain technology, local media outlet Izvestia reports on April 24. The Russian Ministry of Economic Development is reportedly planning to test […]
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The broker’s acquisition of Coincheck and the crypto bear market appeared to weigh on overall performance. Japanese online broker Monex Group is planning to start trading in their United States cryptocurrency exchange in July, CEO Oki Matsumoto said on April 25, according to Cointelegraph Japan. The spin-off, currently dubbed TradeStation Crypto, would serve semi-professional traders […]
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Chicago-based cryptocurrency exchange EriX is reportedly about to launch its spot trading service. Chicago-based cryptocurrency exchange EriX is reportedly about to launch its spot trading service, industry news outlet The Block reports on April 24. Per the report, the exchange has recently been in test mode with some financial firms that would potentially become users. […]
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JPM is planning to widen the use of its blockchain system. On April 21, it was revealed that JPMorgan Chase (JPM), the United States’ largest bank with over $2.62 trillion in assets, is planning to widen the use of its blockchain system. Specifically, JPM is adding new features to its Interbank Information Network (IIN), which […]
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Ripple sold $169.42 million worth of XRP in Q1 2019, up over 31% from the preceding quarter. Ripple sold $169.42 million worth of XRP in Q1 2019, up over 31% from the preceding quarter, the company’s latest quarterly XRP Markets Report revealed on April 24. While the $169.42 million figure represents a 31% increase in […]
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A 13-count indictment was filed in the U.S. charging two men with the theft of 10.88 bitcoin (worth ~$59,000). A 13-count indictment has been filed in the United States District Court in Portland, Oregon, charging two men with the theft of 10.88 bitcoin (BTC) worth roughly $59,000 as part of an allegedly fraudulent investment scheme. […]
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