Volumes for Bakkt’s futures delivered in BTC are trumping fiat settlements as markets rise to fill a days-old CME gap. Bitcoin (BTC) futures platform Bakkt now sees most of its contracts settled in BTC, not cash, the latest data reveals. According to analytics resource Skew, the latest date for which data is available in May…
Author: nbelov
Ripple CEO Says US Regulators Must Embrace Crypto or Fall Behind China
Brad Garlinghouse, the CEO of Ripple, has taken to Twitter urging U.S. regulators to get on board with cryptocurrencies, or risk losing global financial dominance to China. Ripple CEO Brad Garlinghouse has urged United States regulators “to step up and lean into digital currencies” to avoid falling behind China in the field. In a tweet…
This Time It’s Official: Coinbase to Acquire Crypto Brokerage Tagomi
Coinbase is acquiring the prime cryptocurrency brokerage Tagomi as part of its evolving strategy for institutional investors. Major cryptocurrency exchange Coinbase is acquiring the Peter Thiel-backed prime crypto brokerage Tagomi. In an announcement on May 27, the exchange claimed the acquisition agreement came at “an inflection point in the industry,” a moment when increasing numbers…
$13B Custodian Launches Retirement Account Supporting Bitcoin
Kingdom Trust, a regulated custodian managing over $13 billion in assets, has launched a retirement account supporting both Bitcoin and legacy assets. Kingdom Trust, a South Dakota-based financial custodian that manages more than $13 billion in assets, has launched a retirement account that supports legacy, alternative, and crypto assets. The launch of the account “Choice,”…
Bitcoin Suisse Users Can Now Trade Gold and Silver Against Bitcoin and Ether
Bitcoin Suisse has unlocked 24/7 trading of precious metals, cryptocurrencies and major fiat currencies on its platform. Today, Swiss cryptocurrency financial services firm Bitcoin Suisse introduced precious metals’ trading against top cryptocurrencies. Bitcoin Suisse has just added gold, silver and platinum for trading on its platform, enabling users to trade the precious metals against major…
Delta Crypto Exchange to Expand Into Indian Market With New Funding
New funding from CoinFund will help Delta establish a further presence in the Indian market. Crypto derivatives exchange Delta Exchange has announced a new injection of funding from blockchain investor CoinFund, aiming to provide strategic resources for both parties in their focus to expand in India. According to the announcement, New York-based firm CoinFund looks…
Is Ethereum 2.0's Launch Being Slowed Down by Too Many Clients?
Ethereum 2.0’s “many clients” approach is sometimes criticized for slowing down progress, but a Nimbus developer believes this will make the network more resilient. Progress on Ethereum 2.0 has picked up pace recently as the Schlesi multi-client testnet revealed itself to be a more-or-less stable network. Cointelegraph spoke with Zahary Karadjov, R&D lead for Nimbus,…
Digital Yuan Has No Launch Date, Bank of China Stresses Amid Rumors of Looming Rollout
People’s Bank of China clarified that there is still “no timetable” on a formal digital yuan launch, despite the ongoing pilot project. The People’s Bank of China, or PBoC, clarified that there is still “no timetable” on a formal digital yuan launch. In an interview published earlier today on the central bank’s website, PBoC Governor Yi…
Bank of Lithuania Envisions Future Cross-Industry Blockchain Platform
The Bank of Lithuania has revealed ambitious long-term plans to develop its blockchain platform for use beyond the financial services sector. The Bank of Lithuania (BoL) has revealed ambitious long-term plans to develop its blockchain platform for use beyond the financial services sector. On May 26, the central bank’s blockchain-based sandbox, LBChain project, completed its…
Interoperability Platform to Use Telos Tech for Cross-Chain Transactions
Transledger’s platform enables inter-blockchain communication allowing cross-chain transactions to speed up decentralized exchanges and give Bitcoin the features of smart contracts. Telos announced on May 26 that Transledger will use its blockchain technology to power an interoperability platform enabling cryptocurrencies to move between blockchains. The Transledger platform aims to bring improvements to peer-to-peer applications like…