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Bitfinex Exchange Launches Tether Gold (XAUT) Margin Trading with 5x Leverage

January 31, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

Bitfinex crypto exchange has announced the launch of its Tether Gold margin trading service. Traders on the platform can now trade various pairs of Tether Gold, including XAUt/USD, XAU/USDt and XAUt/BTC with up to 5x leverage, according to a press release on January 30, 2020. Tether Gold Margin Trading Live...

Coinbase Custody will Attract Over $20 Billion from Institutional Investors

Coinbase Custody Expand Operations to Europe via Its Ireland Office

January 30, 2020 by Ogwu Osaemezu Emmanuel at News

Coinbase Custody, the standalone, independently-capitalized bitcoin (BTC) and crypto custodial platform from the stables of Coinbase exchange have announced the launch of Coinbase Custody International. The firm says the new European arm will enable it to offer its institutional-grade crypto asset storage to its clients in the region in a...

Binance.US Set to Launch Algorand (ALGO) and Cosmos (ATOM) Staking

January 30, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

Binance.US, the United States arm of Binance cryptocurrency exchange, has announced that it will roll out Algorand (ALGO) and Cosmos (ATOM) staking services from February 2020. The firm says crypto traders on its platform will be able to access the staking service right from the Binance.U.S app, as well as...

Paris Saint-Germain to Partner with Blockchain Company Socios for Fan Token Offering

PSG Football Club Launches Blockchain-Based Fan Token on Socios.com

January 29, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

Leading French football club, Paris Saint Germain (PSG) has officially launched is Socios-powered Android app that will enable thousands of fans from around the world to earn rewards for interacting with the club. Holders of the PSG fans token will also be able to vote on specific matters concerning the...

Person Holding Smart Phone with Identity

15 Top Human Resources Managers Launch DLT-Based Credentials Platform

January 29, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

Cornerstone, the National Student Clearinghouse, a trusted source for degree verification and enrollment verification, Velocity Career Labs, Upwork, SAP, and 11 other highly-reputed human resources management platforms have come together to launch a blockchain-powered non-profit dubbed Velocity Network Foundation. The primary objective of the non-profit is to create an open-source...

0x (ZRX) Protocol Launches New API to Facilitate Cost-Efficient Token Swaps

January 29, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

0x (ZRX), an Ethereum-powered open-source protocol that enables peer-to-peer (P2P) exchange of cryptoassets via smart contracts, has announced the launch of its new 0x application programming interface (API). the 0x API makes it possible for DeFi developers to swap tokens at the best price on decentralized exchanges (DEXs), easily execute...

Ditto Music Launches Blockchain-Based App to Eliminate Copyright Issues

January 28, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

Ditto Music, a leading online music distribution company that distributes music to 160 music stores around the world, including Spotify, iTunes, and others, is set to launch a blockchain-based application dubbed Bluebox, which will eliminate copyright infringement issues and enable musicians to earn more from their works, reports Billboard on...

Bitcoin Exclamation Warning Signs Singapore Skyline

Singapore Implements New Legislation to Govern Crypto Market Participants

January 28, 2020 by Ogwu Osaemezu Emmanuel at Regulation

Singapore’s financial watchdog, the Monetary Authority of Singapore (MAS), has announced that its Payment Services Act (PSA) is now live. The PSA aims to strengthen the existing regulatory framework governing cryptocurrency exchanges and other financial services platforms, while also fostering consumer protection and promote users’ confidence in digital payments, according...

Security Token Issuer Vertalo Dumps Ethereum for Tezos Blockchain

January 28, 2020 by Ogwu Osaemezu Emmanuel at Ethereum

Vertalo, a distributed ledger technology (DLT) based security token issuance platform, broker and investor onboarding firm, has announced its migration away from the Ethereum (ETH) smart contracts blockchain to Tezos (XTZ). Vertalo says it has chosen Tezos over the Ethereum network due to a number of reasons, including network stability,...

Binance Donates $1.44M to Help Fight China’s Deadly Coronavirus

January 27, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

Binance cryptocurrency exchange has donated 10 million yuan ($1.44 million) to China through its charity arm, the Binance Charity Foundation (BCF), to aid the fight against the deadly Coronavirus that has claimed many lives in the nation, reports AsiaTimes on January 27, 2020. Binance Wages War against Coronavirus Since its...

TRON (TRX) CEO Justin Sun Sued by Ex-Employees Over Workplace Hostilities

January 27, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

Two former employees of the TRON (TRX) blockchain project have dragged the TRON Foundation as well as CEO Justin Sun to court, alleging that they were treated in an unfriendly manner by Sun and illegally fired from the firm for objecting to the project’s unlawful management practices, according to reports...

IOTA (MIOTA) Tangle Technology Uses Far Less Energy Than Bitcoin (BTC)

January 27, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

Digiconomist, a platform that claims to be dedicated to exposing the unintended consequences of digital trends from an economic angle, has evaluated the energy consumption of IOTA (MIOTA) and Bitcoin (BTC) and discovered that the latter uses over 10x more energy to carry a 1 BTC transaction as compared to...

ArcBlock (ABT) dApp Platform Launches Token Swap Service and Asset Chain

January 25, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

ArcBlock (ABT), a distributed ledger technology (DLT) platform that enables developers to build custom blockchains and decentralized applications (dApps), has announced the launch of its bidirectional Token Swap service and Asset Chain for its native ABT altcoin. The team says the ArcBlock Token Swap and Asset Chain adopts the “grayscale”...

Reebonz Luxury Goods Platform Adopts VeChain (VET)

January 24, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

VeChainThor (VET) a distributed ledger technology (DLT) project that claims to be focused on connecting blockchain technology with the real world, through a robust governance model and IoT integration, has been chosen as the network of choice by Singapore’s Reebonz luxury goods platform. Ribbons will use the VeChainThor network to...

TRON (TRX) Now Second Largest dApp Ecosystem after Ethereum

January 24, 2020 by Ogwu Osaemezu Emmanuel at Ethereum

TRON (TRX), the blockchain network powering the 12th-largest cryptocurrency in the world by market capitalization, is now the second most used DLT protocol for the development of decentralized applications (dApp), after Vitalik Buterin’s Ethereum, according to the Dapp.com 2019 Annual dApp Market Report. TRON (TRX) Surpasses EOS, Others Despite the...

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