Binance, a cryptocurrency exchange that was launched just five months ago, became the largest exchange in the world by trading volume with $2.8 billion traded since Tuesday according to data from Coinmarketcap.com. The company recently stated they had now reached 2.9 million users on their platform since their launch in July of 2017. “We are…
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After Segwit2x was planned to happen in mid November this year, the fork was unexpectedly cancelled, leaving many Bitcoin enthusiasts wondering what is going on within the Bitcoin community. Now, a month later, the new fork is set to launch again. The new announcement was made on the 16th of December, with plans for the…
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Following Bitcoin’s latest tumble, Mark Ward, head of trading at Sanlam UK, has examined why the virtual currency is so volatile and shared the three reasons that will shape the future of the cryptocurrency. Seldom a week goes by without mention of Bitcoin in the news – from commentators predicting it to be the swindle…
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Russia's National Settlement Depository (NSD) has announced that it has closed the country's first transaction issuing commercial bonds based on blockchain technology. And apparently it was a large success, with increasing demand for more. The NSD stated that on December 22, a RUB 500 million (USD $9 million) commercial bond issue of MegaFon was paid…
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A number of news outlets in Israel have reported that the country's Ministry of Finance, in conjunction with the central Bank of Israel, are looking at creating a state-sponsored cryptocurrency. The reports cited anonymous government sources. According to the reports, the move is being looked at as part of an initiative to reduce dependency on…
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Adding its voice to British Columbia regulator BCSC's recent warning against trading with USI-TECH, an online Bitcoin and Forex trading platform based in Dubai, the Manitoba Securities Commission (MSC) has added its voice in issuing a warning about the company. According to the MSC, USI-TECH is an Internet-based company billing itself as an ‘automated Bitcoin…
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Three weeks after the approval of bitcoin futures by the Commodity Futures Trading Commission in the United States, Solactive announced that it is launching the Solactive Bitcoin Front Month Rolling Futures 5D Index, an index tracking the performance of XBT futures listed on Cboe Global Markets. On Sunday, 10 December 2017, Cboe made history by…
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Worldwide Asset eXchange (WAX) announced it will use blockchain-backed loan platform Salt to allow token holders to use WAX as collateral for cash loans. WAX token holders will be able to keep their cryptocurrency assets, including gaming skins and crypto collectibles, while accessing cash loans on the Salt platform. WAX is a groundbreaking project and we’re…
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While this week has been hard for Bitcoin and other altcoins, the summer of 2018 seems promising. Probably the world’s most respected investment bank, Goldman Sachs, is now considering the launch of a cryptocurrency trading desk in 2018. With the respect and brand that Goldman has, this may be a pivotal moment for the firm…
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While Bitcoin and other big cryptocurrencies are plunging this week, Ripple investors are taking off nice profits along the way. In the last couple of hours, Ripple rose in value by almost 30%, and is now trading at an all-time high of $1.39. This means that the cryptocurrency outdid Bitcoin Cash in market capacity and…
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