BitPay began cooperation with cryptostartap Paxos, developing the same name steyblkoin. This is reported in the startup blog . According to the participants of the partnership, PAX “stable coin” will expand the capabilities of BitPay customers. The latter will be able to conduct transactions secured by "stability and confidence in the US dollar." Previously, merchants could work with Bitcoin and Bitcoin Cash via BitPay processing. In October, the service representatives announced support for the USD Coin and Gemini Dollar steylcoin companies. According to CEO and co-founder Stephen Peir, PAX support will further expand the possibilities for low transaction costs. The…
Author: BlockchainJournal
Operators of CoinMarketCap, an analytical portal dedicated to Bitcoin and another 2,000 different altcoins, have announced the addition of the BCHSV, a coin that appeared as a result of the Bitcoin Cash fork. Hello, BCHSV can be found here: https://t.co/ehO4AnELNP Thank you. – CoinMarketCap (@CoinMarketCap) 20 November 2018 Recall that Bitcoin Cash itself is a fork of the main chain of Bitcoin, taking its own way on August 1, 2017. Later, the developers of Bitcoin Cash came to the decision to conduct regular updates of the network every six months. But, if the first of them went as a whole…
The developers of the Trezor hardware cryptographs have discovered the fake Trezor One, which are full copies of the device. The company said that they could not guarantee the work of such equipment, and in addition, they recommended that users don’t trust their funds “to those who have once deceived” by offering a fake product. However, lawyers of the company have begun legal procedures aimed at protecting clients. “We recommend not to use such a device and inform us about it – it will help to fight with the scammers and provide you with a genuine device ,” added Trezor.…
The launch of the Bakkt cryptocurrency platform, the first products of which should be Bitcoin futures contracts with physical delivery of the asset, will take place no earlier than January 24, 2019. This was announced today by the platform operator Intercontinental Exchange (ICE), CoinDesk reports . Earlier, ICE said that the launch of this crypto-currency-oriented platform for large investors will take place on December 12, 2018, but now this date has been rescheduled. "ICE Futures US, Inc. will post a listing of the new Bakkt Bitcoin (USD) futures contract for trading on Thursday, January 24, 2019, after approval by the…
The Financial Conduct Authority (FCA) confirmed a possible ban on the sale of cryptocurrency derivatives to retail investors, in particular, so-called “CFDs” of cryptocurrency prices (CDFs). This was stated by the Director General of FCA on strategy and competition Christopher Woolard, writes Finance Magnates . Voulard's statement was made on Tuesday, November 20, at a conference in London. According to him, it can be "one of the most complete answers of the cryptocurrency industry and" "We are concerned that retail customers are selling complex, volatile and often borrowed derivatives, based on tokens that have problems that affect the integrity of…
The audit firm from the “Big Four” KPMG believes that to unlock the full potential of cryptocurrency assets , their institutionalization is imperative. She wrote about this in her new 42-page report on crypto-assets, where she also considered the key barriers to their spreading as a global financial services ecosystem and suggested ways to overcome them. The report was prepared with the support of Coinbase, Fundstrat Global Advisors and Morgan Creek Digital. His review leads The Block . KPMG recognizes that “it is no longer possible to ignore crypto assets”, and notes that in 2017 they began to compete with…
Formed by the Ministry of Finance of India, the commission promised to submit a bill to regulate Bitcoin and other cryptocurrencies in December. This became known during the next trial between representatives of the cryptoindustry and local authorities, writes Quartz . “At present, serious efforts are being made to prepare a draft law on virtual currencies and the use of distributed registry technology in the financial system,” the commission said. Indian authorities are not the first time postponing the release of bills on cryptoactive assets. Initially, the government was supposed to prepare a set of legal norms in July, but…
Over-the-counter cryptocurrency dealers Genesis Trading, Cumberland and Circle Trade will provide their data for the MVIS Bitcoin US OTC Spot Index, which will help financial institutions determine the price of Bitcoin. The investment company VanEck will control the new product, reports The Block . @MVISIndices partners with OTC trading titans @CumberlandSays @circlepay and @GenesisTrading to # the first established #OTC #Bitcoin #Index . Ticker: #MVBTCO . Giant leap in #Bitcoin and #digitalassets market structure development! More info: https://t.co/LfMRTG1ndR pic.twitter.com/Ax7ktWk9iT – Gabor Gurbacs (@gaborgurbacs) November 20, 2018 It is expected that the MVIS Bitcoin US OTC Spot Index will become a…
The New York Stock Exchange (NYSE) is the largest stock exchange in the world, and the company associated with it has a total market capitalization of $ 24.2 trillion. The daily trading volume of the NYSE can reach $ 200 billion, which currently exceeds the market capitalization of all cryptocurrencies. So why are traditional exchanges starting to use new money created using blockchain technology ? Obviously, this is part of their strategy. The purpose of the exchange is to create a streamlined regulated platform for the exchange of financial instruments, such as stocks, bonds and other assets (for example, cryptocurrency…
The Командаternity project team announced participation in the IC3 initiative (Initiative for CryptoCurrencies and Contracts). This is reported in the project blog. IC3 was created by representatives of major educational institutions, such as Cornell University, University College London, University of California, Berkeley, Technion (Israel). The goal of the project is to form a scientific base for creating more advanced and secure blockchain systems. Companies such as IBM, Microsoft, Cisco, Intel, Chain and Siemens are participating in IC3. “Relentless exploration and continuous development are essential elements for creating scalable, efficient and reliable blockchain protocols. Continuous updates in the areas of distributed…