Another Bitcoin Futures Exchange Joins The Fray At long last, Bakkt has begun testing its Bitcoin (BTC) futures contract. While this has been marketed as a seemingly mundane “user acceptance testing” phase, this launch has been met with much hurrah from every corner of the cryptocurrency community. It is unclear how exactly...
Bakkt Looks to Launch New Product So far, Bakkt’s Bitcoin (BTC) futures haven’t been faring all too well by many standards. That’s not to say the upstart has been doing bad, rather, the cryptocurrency community had extremely high expectations for Bakkt, citing that it is backed by players like the...
Bakkt Prepping to Launch It seems that Bakkt is arriving at the Bitcoin party a bit early. Announced in a tweet on Wednesday morning, the long-awaited crypto exchange startup will start managing custody of its customers’ BTC on September 6th — a Friday. According to the tweet, this custody solution...
Bancor, a Zug, Switzerland-based company focused on creating a protocol for converting and exchanging smart tokens, raised $153 million through an initial coin offering (ICO) in June 2017. The platform has also attracted a relatively large number of users to its decentralized token network in the past few years. However,...
The Bank of England has indicated that UK's market regulators may need to enforce limits on the usage of stablecoins for payments.
Celsius network wants to hire its former CFO Rod Bolger at a monthly salary of $92,000 The firm has filed a motion stating that Bolger’s crypto knowledge can help the firm navigate its Chapter 11 bankruptcy proceedings. The troubled crypto lender platform Celsius Network is keeping no stone unturned to...
Genesis' request for an extension of its court-appointed mediation process has been granted by bankruptcy Judge Sean Lane. The bankruptcy judge also denied FTX's request to take part in the mediation talks.
Ripple’s Chief Legal Officer Stu Alderoty said the company hopes this quarter will generate conversation within the U.S. financial system and incentivize customers to use XRP for cross-border settlement. Alderoty told CNBC that banks could turn to the company’s ODL solution after last week’s ruling which granted partial victory over...
Libra May Sign on Banks… On Monday, the Libra Association — the somewhat decentralized body governing the Libra blockchain and crypto asset — finally ratified its charter. In a press release published on Monday night, the Libra Association confirmed the 21 member companies — seven less than the initial 28 mentioned...
Summary: DCG has started selling assets held by Grayscale, the Financial Times reported. Recent SEC filings show that most of its holdings sales have come from the company’s Ethereum fund. The group hopes to raise cash to meet more than $3 billion in creditor claims from Gemini and other entities....
Belgium's Financial Services and Markets Authority (FSMA) has ordered Binance to cease all operations and crypto services. The exchange has been ordered to return all crypto assets belonging to Belgian clients.
Belgium's Bit4you has decided to suspend its activities following the insolvency of CoinLoan, one of its major service providers.