Bakkt has received approval from all the necessary regulators and is preparing to launch the long-awaited crypto platform on September 23rd. The launch of Bakkt became known from the company's Medium publication. Kelly Loffler, head of Bakkt, announced she received a trust license from CFTC (US Department of Financial Services). Approval of the regulator will allow the company to present on the market supply futures for Bitcoin cryptocurrency, which everyone has been waiting for. Bakkt plans to provide users with access to two types of contracts – with daily and monthly settlements. Settlements will be made through Bakkt Warehouse. Loeffler…
Author: BlockchainJournal
The Binance Jersey cryptocurrency account on Twitter was hacked by an unknown hacker who claimed to control the binance.je domain. At the same time, he emphasized that he was a researcher and did not intend to create a large-scale phishing scheme from which millions could suffer. “I decided not to do this, although I really need money. I hope the community will appreciate it. ” He also asked Changpeng Zhao personally […]
The Moscow administration has begun to search for a contractor who will create a blockchain platform to automate public services. This was reported by local media with reference to the press service of the Moscow Department of Information Technology. The agency announced an auction to develop a system based on the Ethereum blockchain , which will have a set of functions for interacting with citizens. The developer will receive from the city hall 57 million rubles ($ 860,000). The system should autonomously issue documents to people, for example, when dealing with real estate. According to the department, the platform should…
According to yesterday's report by the Egyptian newspaper Al-monitor, an anonymous source in the Central Bank of Egypt said that the bank plans to issue a cryptocurrency similar to that created by Saudi Arabia and the United Arab Emirates. The excitement around the Facebook Libra project made the main bank of Egypt think about how this digital currency could harm the country's monetary system. In addition, in order not to lose ground in this sector, given that China also intends to launch its own state cryptocurrency in the near future, Egypt wants to enter the cryptocurrency market. Hosni Hassan, a…
Coinbase, the world's largest cryptocurrency exchange, acquired the Hong Kong custodian service Xapo. The acquisition is expected to provide Coinbase with the opportunity to expand its custodial capabilities – the crypto exchange will be able to store up to $ 7 billion. Earlier reports said Coinbase could store about $ 1.3 billion. It is known that negotiations between Coinbase and Xapo regarding the future merger began in mid-May of this year. The acquisition cost the US crypto exchange $ 55 million. It is known that most of the major customers of Xapo agreed to continue cooperation with Coinbase, as a…
While the crypto-investor greed index reaches “extreme fear” levels, and Bitcoin (BTC) for the fourth time since the beginning of the current rally fell below $ 10,000, “whales” continue to buy. The Block analyst Larry Chermak draws attention to this, referring to information from the Coinbase cryptocurrency exchange . According to the data presented, two-thirds of Coinbase’s major customers continued to accumulate cryptocurrency over the past 24 hours. Interestingly, according to Coinbase's data, 67% of customers with large BTC holdings (top 10%) are buying rather than selling in the last 24 hours. pic.twitter.com/mOfNMbscuc – Larry Cermak (@lawmaster) August 15, 2019…
The Egyptian government is discussing plans to issue a national digital currency from a central bank. As an anonymous source in the central bank told Al-monitor, the initiative of the authorities is explained by the unwillingness to miss opportunities and positions in the financial sector. In addition, the Egyptian government hopes that issuing its own digital currency will increase the coverage of the population with financial services: now only 10% of residents have bank cards or […]
Russia is one of the world's largest holders of physical gold in reserves, what does this have to do with bitcoin? Immediately, a number of leading Russian media outlets published the opinions of experts that the reduction in interest rates in the USA and the EU, as well as the “trade war” of the USA and China lead to the fact that not only gold is becoming more and more attractive to investors, but also Bitcoins, which some of the participants in the classic financial market are beginning to perceive as "new gold." Indeed, the monetary easing policy pursued by…
Stablecoins are a type of cryptocurrency whose value is tied to fiat money or precious metals. Most often, stablecoins are pegged to the US dollar, at the rate of 1 asset = 1 dollar. Stablecoins are used by cryptocurrency exchanges to quickly and cheaply transfer large amounts of dollars to each other, without the need to use a banking system. There, the fees for such transactions would be significantly higher. How did stablecoins come about? The controversial issue that arose since the advent of bitcoin 10 years ago about whether electronic or virtual money can compete with traditional types of…
The Waves Platform , a decentralized blockchain ecosystem for creating Web 3.0 solutions, launches the Item Market , a unique platform that allows game developers to easily integrate an open economy into their projects, as well as offering players a secure way to trade their digital items. Any in-game item or currency can be tied to a token in the blockchain , which guarantees confirmation of ownership and the safety of trade. With the exception of trade itself, tokenization is able to introduce new mechanics into games, bringing digital elements as close to their physical counterparts as possible. In-game tokenization…