Chinese Crypto Investor to Develop Stablecoin Within Hong Kong-Based Blockchain Fund

China’s Bitcoin “tycoon” Li Xiaolai will develop a stablecoin within the Hong Kong-based blockchain fund Grandshores Technology. Chinese crypto investor Li Xiaolai will lead a stablecoin project within Hong Kong-based blockchain fund Grandshores Technology, according to an official document issued on Monday, Dec. 3. China’s Bitcoin (BTC) “tycoon” Li Xiaolai has been also appointed as […]

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Crypto Exchange ErisX Raises $27.5 Million From Fidelity, Nasdaq Ventures and Others

Fidelity Investments, Nasdaq Ventures and others have invested a total of $27.5 million in crypto exchange ErisX. Crypto exchange ErisX has raised $27.5 million from Fidelity Investments and Nasdaq Ventures, among other investors, Reuters reports Dec. 4 Nasdaq is the world’s second largest stock exchange, while U.S. investment firm Fidelity administers over $7.2 trillion in […]

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Crypto Exchange OKEx Launches ‘Perpetual Swap’ Derivative Product

Crypto exchange OKEx has introduced a derivative product called Perpetual Swap, allowing users to hold positions indefinitely. Malta-based cryptocurrency exchange OKEx has launched a new derivative product called  Perpetual Swap trading, according to a press release shared with Cointelegraph Dec. 3. Perpetual Swap is a peer-to-peer, virtual derivative developed by OKex, that enables users to […]

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U.S. Dept. of Homeland Security Takes Interest in Investigating Blockchain Transactions

The U.S. Dept. of Homeland Security has released a proposal, which invites interested parties to comment and design applications for blockchain forensic analysis. The U.S. Department of Homeland Security (DHS) is seeking information about investigating and analyzing blockchains, including those used for privacy coins, according to a pre-solicitation notice published Nov. 30. DHS has released […]

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Bitcoin, Ripple, Ethereum, Bitcoin Cash, Stellar, EOS, Litecoin, Cardano, Monero, TRON: Price Analysis, Dec. 3

Top coins are shaky as Bitcoin falls back below the $4,000 mark, but increased institutional interest — like Coinbase’s new OTC desk — could signal a turnaround. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, […]

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