Coinbase Looking to Add 30 New Digital Assets
Dec07

Coinbase Looking to Add 30 New Digital Assets

Coinbase said via its company blog today that the digital asset exchange is working with local banks and regulators to explore the feasibility of adding a further 31 digital assets to its platform, including OmiseGo (OMG), Cardano (ADA), Stellar (XLM) and Neo (NEO).

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R3 Makes Ripple’s Rival XRP Token First Addition to Payments App
Dec05

R3 Makes Ripple’s Rival XRP Token First Addition to Payments App

Enterprise blockchain development firm R3 has announced that Ripple’s rival XRP token will be the first supported cryptocurrency on its universal payment settlement platform, according to a Finextra report published Dec. 5.

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NASDAQ & Fidelity Invest in Wall Street Cryptocurrency Exchange ErisX
Dec05

NASDAQ & Fidelity Invest in Wall Street Cryptocurrency Exchange ErisX

Emergent cryptocurrency exchange ErisX has secured $27.5 million in Series B funding from investors including stock exchange NASDAQ and brokerage giant Fidelity investments, according to a Dec. 4 report by Reuters.

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Poloniex Exchange Opens Door To Institutions
Dec04

Poloniex Exchange Opens Door To Institutions

Circle has announced that its cryptocurrency exchange Poloniex is now open to institutional clients in a Tuesday Dec. 4 blog post.

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Satang Exchange Plans $9.9 Million STO, With Thai Govt’s Blessing
Dec04

Satang Exchange Plans $9.9 Million STO, With Thai Govt’s Blessing

Thailand-based cryptocurrency exchange Satang Corp. has plans for a $9.9 million security token offering in early 2019, according to a report from the Nikkei Asian Review. The report notes that the country’s government has expressed support for the company’s plans, as officials continue to pursue blockchain adoption.

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Beijing Regulators Throw Cold Water On STO
Dec03

Beijing Regulators Throw Cold Water On STO

The director of Beijing Municipal Bureau of Local Financial Supervision, Huo Xuewen, has said that the agency sees Security Token Offerings as an illegal activity, according to a Dec. 1 report in local media outlet, Caijing.

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Texas Regulators Issue Cease and Desist Order Against My Crypto Mine
Dec01

Texas Regulators Issue Cease and Desist Order Against My Crypto Mine

Texas regulators this week issued an emergency cease and desist order to My Crypto Mine operator Mark Steven Royer. In the order, Texas Securities Commissioner Travis J. Iles alleges that Royer’s company is “fraudulently offering investments in a cryptocurrency trading and mining program” that uses social media and “standalone websites” to target investors in Texas and other states.

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NYSE Chairman Says Crypto Will Survive
Nov29

NYSE Chairman Says Crypto Will Survive

During remarks at this week’s Consensus: Invest conference, New York Stock Exchange chairman and Intercontinental Exchange (ICE) CEO Jeff Sprecher asserted that digital assets are not going anywhere, despite the current bearishness in the crypto markets. In response to a question about the lower prices, Sprecher chose to address the issue of whether digital assets can survive:

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Social Platform Steemit Lays Off 70% of Workforce
Nov29

Social Platform Steemit Lays Off 70% of Workforce

Steemit Inc., the company behind Steemit, a popular social media platform that rewards content creators with cryptocurrency has laid off close to 70% of its team in a restructure.

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Coinbase Wallet Adds Support for Ethereum Classic
Nov27

Coinbase Wallet Adds Support for Ethereum Classic

Coinbase has announced that its Coinbase Wallet will now provide support for Ethereum Classic (ETC). The company’s blog announcement confirmed that the wallet app is expected to update “in the next few days.”

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Businesses Can Now Use Bitcoin to Pay Ohio Taxes
Nov25

Businesses Can Now Use Bitcoin to Pay Ohio Taxes

Starting tomorrow, businesses operating in the U.S. state of Ohio will have the option to pay their taxes using Bitcoin. The new option is part of the Ohio Treasurer’s efforts to provide cutting-edge innovations and services to taxpayers in the state.

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Overstock Shares Soar 26% On Blockchain Bet
Nov23

Overstock Shares Soar 26% On Blockchain Bet

Overstock shares have soared 26% on the news that the company plans to sell its retail business to make way for a forward-looking bet on blockchain.

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DNotesEDU Announces Release of Cryptocurrency Industry Insight Report
Nov23

DNotesEDU Announces Release of Cryptocurrency Industry Insight Report

DNotesEDU has announced the release of its Global Digital Currency Industry Insight Report, a 45-page examination of the cryptocurrency industry that covers a broad range of blockchain and crypto-related technologies, trends, and potential risks.

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How ICOs Contributed to The Crypto Crash
Nov21

How ICOs Contributed to The Crypto Crash

“What everyone got really excited about was, hey, I can publish a paper and people will send me money.” — J. R. Willet, the creator of the first ICO.

This is a fascinating and revolutionary concept: pitch your product idea to the community, and if they like it, they’ll send you money to get your private business or decentralized application off the ground.

But an idea itself is worth very little. How an idea works in practice is of much greater importance. Unfortunately, this evaluation paints a story of scams, incompetence, recklessness, and greed.

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Teens Prefer Crypto & Fortnite’s V-Bucks Over Cash & Gift Cards
Nov21

Teens Prefer Crypto & Fortnite’s V-Bucks Over Cash & Gift Cards

A recent report is suggesting that teenagers are rapidly adopting cryptocurrencies and digital assets, which could have big implications for the future of finance.

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FCA Reportedly Considering Task Force Recommendation to Ban Crypto Derivatives
Nov20

FCA Reportedly Considering Task Force Recommendation to Ban Crypto Derivatives

When the UK government’s cryptocurrency taskforce reported to the government in late October, one of its recommendations advised officials to consider a complete ban on crypto derivatives like CFDs, futures, and options. UK Financial Conduct Authority (FCA) Executive Director of Strategy and Competition Christopher Woolard has confirmed that regulators will consider such a ban, according to Finance Magnates.

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Bakkt Bitcoin Futures Product Delayed Until Early 2019
Nov20

Bakkt Bitcoin Futures Product Delayed Until Early 2019

The NYSE’s parent company, The International Exchange (ICE) has postponed the launch of its Bitcoin futures product on its upcoming Bakkt platform to Jan. 24, 2019, according to a public notice from the company.

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Switzerland’s Largest Trading Exchange SIX Eyeing Blockchain Future
Nov20

Switzerland’s Largest Trading Exchange SIX Eyeing Blockchain Future

Switzerland’s largest stock exchange SIX is readying a new blockchain-based trading platform that they claim could replace the company’s current trading system entirely within ten years, according to a November 14 Reuters report.

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OKEx Raises Furor with Forced Early Settlement of Bitcoin Cash Futures Contracts
Nov19

OKEx Raises Furor with Forced Early Settlement of Bitcoin Cash Futures Contracts

Hong Kong-based cryptocurrency exchange OKEx angered many traders last week with a controversial decision to force early settlement of Bitcoin Cash futures contracts. The exchange made the move without warning, altering the set terms of $135 million in futures contracts.

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Kucoin Completes $20 Million Series A Funding
Nov18

Kucoin Completes $20 Million Series A Funding

Singapore based digital asset exchange Kucoin has completed a $20 million Series A funding round with participation from IDG Capital, Matrix Partners and Neo Global Capital, according to a November 14 post to the company’s website.

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