Coinone’s Malta-based crypto exchange CGEX will cease operations on Sept. 18, following temporary termination of services. Coinone Global Exchange (CGEX), a Malta-based crypto exchange launched by major South Korean exchange Coinone, will terminate its service in mid-September. Less than a year in operation According to an announcement on Aug. 12, the exchange will shut down […]
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Blockchain-powered prediction markets attempt to change the world, from politics to science, by creating digital democracies with a new age of financial tools. Recently, there have been an increasing number of blockchain-based prediction markets (PMs) such as Augur, Bitcoin Hivemind, Amoveo, Gnosis, Cindicator, etc. PMs use the technology of smart contracts for bets on various […]
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Three crypto ETF proposals are in limbo as the SEC delays again. Let’s take a look at the history of the SEC’s dealings with the applications… The long and uncertain road toward crypto exchange-traded funds (ETFs) being approved by the United States Securities and Exchange Commission (SEC) took its latest turn on Aug. 12, when […]
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Cere Network, San Francisco-based blockchain CRM startup raised $3.5 million in a seed round participated by Binance Labs. Cere Network, a San Francisco-based blockchain customer relationship management (CRM) startup, has completed a $3.5 million funding round. The seed round involved major global blockchain investors, including Binance Labs, a venture arm of Binance, the second biggest […]
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German regulator BaFin greenlights Black Manta Capital Partners to use its STO platform in the country. Luxembourg-registered financial firm Black Manta Capital Partners has received a license from the German Federal Financial Supervisory Authority (BaFin) for its Security Token Offering (STO) platform. A regulated STO platform in Germany Black Manta Capital Partners announced on Aug. […]
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Binance’s intended launch of a Libra-like stablecoin appeared to buoy markets as Bitcoin reversed previous losses. Bitcoin (BTC) price was returning to bullish form on Aug. 19 as markets look to break out from last week’s sideways trading. Market visualization. Source: Coin360 Bitcoin price builds on $10K support Data from Coin360 revealed Bitcoin challenging $11,000 […]
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Three cryptocurrencies are now available for spot trading, with a smartphone app set to follow. Japanese cryptocurrency exchange Rakuten Wallet has launched trading a year after acquiring Everybody’s Bitcoin. Three trading pairs go live Confirmed in a press release on Aug. 19, Rakuten Wallet, which is a subsidiary of Japanese e-commerce giant Rakuten, said spot […]
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Binance says it is launching its own “independent regional version of Libra” calling for governments and businesses with strong influence and interest to join the initiative. Top cryptocurrency exchange Binance is launching an open blockchain project “Venus” focused on developing localized stablecoins worldwide. In an announcement published today, Aug. 19, the exchange argues it is […]
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Silvergate Bank’s Silvergate Capital Corporation is examining the possibility of offering cryptocurrency loans. The holding company of cryptocurrency-friendly Silvergate Bank, Silvergate Capital Corporation, announced that the firm plans to offer cryptocurrency-collateralized loans. In an S1/A form filed with the United States Securities and Exchange Commission on Aug. 15 the bank notes: “We believe there may […]
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Barclays halts business with Coinbase as exchange needs an innovative bank to tailor to its AML and KYC needs, but will U.K. customers be better off now? It is being reported that Barclays, the London-based global bank, recently stopped banking for Coinbase, the United States-based crypto exchange. Coinbase reportedly found a quick replacement in the […]
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