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It has been close to 24 hours since the Bitcoin Cash (BCH) blockchain split on Nov. 15, and the community is assessing the first day of battle. At the time of writing, both chains are still operational and the ABC chain has a 32-block lead on the SV chain. Now many BCH supporters are patiently waiting to find out when infrastructure providers will resume deposits, withdrawals, and trading across the entire ecosystem.
Also read: Hash Wars: ABC Chain Leaps More Than 50 Blocks Ahead
Binance — one of the most popular digital currency exchanges across the globe — has announced that it will be adding the fiat-collateralized stablecoin USD Coin (USDC) to its trading platform on November 17, 2018. USDC will be grouped into trading pairs with bitcoin and Binance’s own token, BNB.
The company made the announcement on its official blog, making particular note of the auditing process USDC undergoes to prove that each coin is backed 1:1 with the USD.
“For increased transparency, USDC has engaged a top-ranking auditing firm to release monthly balance attestations of the corresponding USDC and USD balances held/issued,” the post reads.
As cryptocurrency is steadily taking over the online forex trading industry, more and more specifically tailored solutions are being developed. The latest example is an institutional-grade venue built on the widely used Integral FX platform, Mint Exchange.
Also Read: GMO Internet Reports Crypto Exchange Profit Up Over 34% in Q3 2018
Mint Exchange officially launched publicly today, Nov. 14, as a cryptocurrency clearinghouse providing access to major exchanges, brokers and market makers through a single gateway. It is meant to offer better liquidity for institutions to trade across cryptocurrency markets, while keeping their capital in the secure environment they are used to. The exchange maintains development, support, and sales offices in Palo Alto, California, London, and New York.
Last week, Poloniex, a top-15 cryptocurrency exchange by trading volume, began offering users the option to trade the two planned Bitcoin Cash (BCH) protocols pre-fork: Bitcoin Cash ABC (BCHABC) and Bitcoin Cash SV (BCHSV). Today, Hong Kong-based crypto exchange Bitfinex came out to announce a similar product, called Chain Split Tokens (CSTs), including BAB/USD, BAB/BTC, BSV/USD and BSV/BTC trading pairs. These tokens are […]
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Oil giants Shell and BP are among a group of firms planning to launch a blockchain platform to automate post-trade processes in the energy industry.
CoinDesk
Bitcoin Trade Namibia (BTN), an emerging bitcoin marketplace, is trying to make things work for Namibians keen on investing in digital assets, even though it could take up to three days before buy orders are settled. However, in an industry where government forces crave control, the delay looks like it should be worth the wait.
Also Read: Iran Completes Development of Rial-Supported National Cryptocurrency
BTN has adopted the know-your-customer and anti-money laundering requirements of the Bank of Namibia (BoN), the country’s central bank, giving it a chance of survival in an economy where the commercial use of cryptocurrency is banned.
The price of NEM (XEM), a cryptocurrency project building a faster blockchain designed for better-performing smart assets, has surged around 15% after it was announced that trading would resume on Coincheck, a bitcoin wallet and exchange service headquartered in Tokyo. #Coincheck resumed $ XEM activities today! 🇯🇵 https://t.co/ndkPar4bUa — NEM (@NEMofficial) November 12, 2018 Coincheck suffered one of […]
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The post BitMax.io Introduces Innovative Reverse-Mining to Incentivize Trading and Bolsters Exchange Liquidity appeared first on CCN
Poloniex, a top-15 cryptocurrency exchange by trading volume, recently began offering users the option to trade the two planned Bitcoin Cash (BCH) protocols pre-fork: Bitcoin Cash ABC (BCHABC) and Bitcoin Cash SV (BCHSV). Since trading began, Craig Wright’s BCHSV has significantly underperformed Amaury Séchet’s BCHABC, suggesting the market is currently betting on the latter to succeed. Predictably, not everyone is pleased by […]
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Poloniex, a top-15 cryptocurrency exchange by trading volume and subsidiary of Circle, announced Wednesday that it is now offering users the option to trade the two planned Bitcoin Cash (BCH) protocols pre-fork: Bitcoin Cash ABC (BCHABC) and Bitcoin Cash SV (BCHSV). 1/ NEWS: Ahead of the Bitcoin Cash (BCH) hard fork, we are opening pre-fork trading of the […]
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In case you missed it, Poloniex, one of the major altcoin exchanges, was acquired by Circle in February. Previously, Circle was focused primarily on the major coins versus fiat pairings, but since its acquisition of Poloniex it has had the opportunity to dive into more tokens, and in September it launched its own stablecoin to
The post Stablecoin Wars: Poloniex Eliminates USDC Trading Fees in Bid to Boost Volume appeared first on CCN
Partisans in the looming Bitcoin Cash civil war now have the opportunity to put their money where their mouths are, and that money is quickly piling up on one side of the debate. Poloniex Opens Pre-Fork BCH Market Earlier today, cryptocurrency exchange Poloniex became the first crypto trading platform to allow users to trade coins
The post Bitcoin Cash: Pre-Fork Trading Doesn’t Bode Well for Craig Wright’s Camp appeared first on CCN
BITBOX, the cryptocurrency exchange recently created by Japanese tech giant LINE (LN), has launched a new mobile application designed to improve the user experience on its platform. According to an announcement provided to SludgeFeed, the new app allows users to easily trade the roughly 30 different cryptocurrencies currently listed on BITBOX, including TRON (TRX), Ethereum (ETH) and Bitcoin […]
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Cinnober, which was acquired by Nasdaq in September, has signed on to help Luxembourg-based Bitstamp, a crypto exchange with many millions of trades and years to its record. Bitstamp’s matching system will reportedly increase 1,250x, and its overall throughput will increase by 400x, according to the exchange’s estimates. Bitstamp will be replacing its own technology
The post ‘1250x’: Bitstamp Says New Upgrade Will Make Crypto Trading Faster than Ever appeared first on CCN
The Swiss Financial Market Supervisory Authority (FINMA) has instructed banks dealing in cryptoassets to apply a risk weighting of eight times their market value when calculating loss-absorbing capital buffers. In a confidential letter seen by swissinfo.ch, the regulator also imposed a 4 percent cap on crypto positions as a percentage of total capital held by banks,
The post Swiss Regulator Imposes 800% Risk Weighting for Bank Crypto Trading appeared first on CCN
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This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned
The post BitMax.io Launches Innovative Mining to Benefit Crypto Trading and Exchange Community appeared first on CCN
It’s now been nearly two months since Winklevoss-led cryptocurrency exchange Gemini fired the first shot in the stablecoin wars through the launch of its USD-pegged crypto token, the eponymous Gemini Dollar. That same day, Paxos — like Gemini an NYDFS-regulated firm — made a similar announcement, and before long, crypto unicorns Circle and Coinbase revealed
The post Stablecoin Wars: Coinbase Token Attracts Capital But PAX Dominates Trading appeared first on CCN
Crypto fanatics have been on the edge of their seats waiting for the banking firm, Goldman Sachs to make an official move on the firm’s goal to integrate Bitcoin derivatives. The rumours have been stirring since October last year when the Wall Street Journal first reported the investment banking giant might intentions of launching a Bitcoin trading operation. The latest news is that the banking firm is said to have taken on a small number of clients to actively trade a Bitcoin derivatives product.
After months of conflicting reports, it looks like investment banking giant Goldman Sachs (GS) is now onboarding clients to adopt its new Bitcoin (BTC) derivative product. According to a recent report by The Block that cites insiders familiar with the matter, Goldman Sachs is currently introducing a small number of institutional investors to its bitcoin non-deliverable forward […]
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