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Grayscale Investments First to list Crypto-Backed Digital Large Cap Fund

October 15, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

Grayscale Investments, a cryptoasset management firm with more than $2 billion in assets under management, has successfully secured approval from the Financial Industry Regulatory Authority (FINRA) for the public listing of its Digital Large Cap Fund (DLC) on over-the-counter (OTC) markets with ticker symbol: GDLCF, according to a press release...

CoinShares, Blockchain Wallet, and MKS Introduce Gold-Backed Token

October 15, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

CoinShares, a leading digital assets management firm, has joined forces with Blockchain wallet and MKS, a Geneva-based precious metals trading firm, to develop DGLD, a gold-backed token powered by the Bitcoin distributed ledger technology (DLT) network. The team claims DGLD has all the qualities of physical gold with none of...

BitGo Announces Support for Justin Sun’s TRON (TRX)

October 15, 2019 by Ogwu Osaemezu Emmanuel at News

BitGo, a leading custodian of bitcoin and altcoins headquartered in California, has announced plans to add support for TRON (TRX), the 11th largest crypto asset in the world, powering a vast array of decentralized applications (dApps). BitGo hot wallet and custody solutions for the digital asset will go live in...

FXCM Group Unveils Fresh Cryptocurrency Trading Product

October 15, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

FXCM Group, a leading forex trading and contract for differences (CFD) broker with presence in London, Australia, and Johannesburg, has announced the launch of its crypto trading product dubbed CryptoMajor. The firm says CryptoMajor will give retail customers exposure to a basket of five cryptos supported on the platform, including...

U.S. Financial Watchdogs Draft Joint Statement on Cryptocurrency

October 14, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

Top financial regulators in the United States, including the Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC) and the Financial Crimes Enforcement Network (FinCEN) have issued a joint statement reminding cryptocurrency market participants of their anti-money-laundering (AML) and counter-terrorist financing obligations under the Bank Secrecy Act (BSA),...

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Health-Focused Blockchain Project Secures $225k Grant from National Science Foundation

October 11, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

SimplyVital Health (SVH), a distributed ledger technology (DLT) based platform that claims to be focused on fostering trust and value in the healthcare ecosystem, has secured a $225k grant from the National Science Foundation (NSF) to enable the former to work on the integration of Graphene Protocol into its Nexus...

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Stryking.io and FC Bayern Munich Partner for Blockchain-based Digital Collectibles

October 11, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

Stryking.io, a distributed ledger technology (DLT) based gaming platform from the stables of Animoca Brands, a publicly listed firm that develops and publishes games and apps for smartphones and tablets, has inked a strategic partnership deal with German football champions, Bayern Munich. The deal will enable Stryking.io to create digital...

Coinbase Pro Mobile App now Available on iOS

October 11, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

In a bid to make it possible for professional cryptocurrency investors to trade bitcoin and supported altcoins on the go, Coinbase Pro has unveiled a new mobile app for iOS. The team says the new app offers traders super-fast trade execution, ease of use and more, according to an official...

B2C2 Unveils Bitcoin-Settled Gold Derivatives Product

October 11, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

B2C2, a leading cryptocurrency over-the-counter (OTC) liquidity provider to financial institutions, has announced the launch of its gold derivatives product which it says is priced and settled in bitcoin. The firm claims the first-of-its-kind product will enable institutional investors to synthetically trade gold on its Financial Conduct Authority (FCA) approved...

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ConsenSys Grants Seven Ethereum Blockchain Projects $175k Each

October 10, 2019 by Ogwu Osaemezu Emmanuel at Ethereum

ConsenSys, a firm that claims to be focused on solving real-world problems with Ethereum blockchain solutions, is dishing out grants of $175,000 to seven credible open-source projects on the Ethereum network through its grants program. This according to reports, October 10, 2019. ConsenSys Shines its Light Ethereum-focused firm ConsenSys has...

SEC Agrees to Re-Examine Bitwise ETF Decision

U.S. SEC Declines Bitwise Bitcoin ETF Filing Again

October 10, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

U.S. financial watchdog, the Securities and Exchange Commission (SEC) has rejected the Bitcoin Exchange Traded Fund (ETF) proposal of Bitwise, on the grounds that the filing does not meet the set standards regarding market manipulation and fraudulent activities, according to an October 9, 2019 announcement. No Bitcoin ETF for Now...

Cardano: Creating Real Use Cases for Blockchain Technology Globally

Emurgo Onboards Another Merchant into the Cardano (ADA) Ecosystem

October 9, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

Emurgo, the official commercial arm of the Cardano (ADA) distributed ledger technology (DLT) project, which claims to be focused on accelerating mass adoption of ADA, has announced that new merchants across the globe are now accepting payments in the altcoin, according to a blog post on October 2, 2019. Cardano...

Finastra Forge Alliance with Ripple for DLT-Based Cross-Border Payments

October 9, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

Finastra, a company that claims to be the third-largest financial technology (fintech) company in the world, has joined forces with Ripple, the distributed ledger technology (DLT) project behind the XRP altcoin, to offer clients faster and more cost-efficient cross-border payments powered by blockchain technology, according to a blog post on...

Binance Offers Chinese Bitcoin Traders a Lifeline with P2P Trading

October 9, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

Binance, the world’s largest crypto exchange by 24-hour trading volume has announced the launch of its peer-to-peer (P2P) crypto trading service for Chinese residents. Users will now be able to trade a few supported cryptocurrencies including bitcoin (BTC), ether (ETH) and Tether (USDT) against the Chinese yuan, according to a...

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Japan Okays Cryptocurrency Donation for Political Campaigns

October 9, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

Sanae Takaichi, Japan’s internal affairs and communications minister has made it clear that it is legal to donate cryptocurrencies to individual politicians and such contributions are not subject to the Political Funds Control Law, according to a report by Reuters Japan on October 8, 2019. Japanese Authorities Greenlight BTC Donations ...