Blockchain 

Facebook Set to Launch Its Own Cryptocurrency Coin

In 2018, and early this year, Bitcoin experienced a bearish market that riled the interest of several parties and social media companies such as Facebook. As a result, Facebook has since entered the blockchain space with its own cryptocurrency known as FBCoin. FBCoin and WhatsApp Users “FBCoin” is an unofficial name for the crypto asset that the social media giant has designed for its users. Facebook intends to unveil the technology to billions of its users, along with the real name. Besides Facebook, several technology companies have acknowledged the potential…

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Blockchain 

RAID Project | Bittrex Cancels RAID IEO Hours Before Launch

Cryptocurrency exchange Bittrex has reportedly canceled an IEO (initial exchange offering) hours before its launch. The RAID project was expected to make $6 million USD by selling its XRD token to customers on the Bittrex exchange. Canceled RAID Project Bittrex reportedly called off the token sale after it learned that the RAID project had suddenly terminated its partnership with e-gaming data analytics company OP.GG. According to Bittrex, the partnership “was a vital part of the RAID project,” Bittrex said in a statement. “When Bittrex International became aware of this significant event, we did not feel that it…

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Blockchain 

Thai Stock Exchange to Launch Cryptocurrency Platform Next Year

The Thai Stock Exchange (SET) is planning on rolling out a cryptocurrency platform sometime in 2020. According to SET’s official press release yesterday, the country is “ready for digital transformation.” Thai Stock Exchange Expands into Crypto SET President Pakorn Peetathawatchai said that the exchange’s three-year plan would focus on developing a “digital infrastructure platform.” The Thai president feels that this will open up new investment opportunities for investors and will provide more speed and convenience for trade. The Thai Stock Exchange seeks its new structure to be a “one-stop” digital…

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Cryptocurrency 

Binance Blockchain | Binance to Launch the Binance Chain

If it wasn’t enough for Binance to be the biggest crypto exchange by trading volume in the world, such is its popularity that it will now launch its own blockchain. Dubbed the ‘Binance Chain’ (give that genius a can of coke), the new blockchain is due to arrive in the “coming months” according to a Tweet today. The Binance Blockchain The Tweet gave a little more detail. It said the following: “Binance is pushing for blockchain adoption and doing many things to help advancement of the industry. E.g. we will have the…

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Bitcoin 

Bitcoin Futures | NASDAQ Officially Confirms Launch in Early 2019

The world’s second-largest stock exchange in the world, the Nasdaq exchange, has officially confirmed its plans to launch Bitcoin futures in 2019. Late last week, unofficial reports surfaced of the exchange launching these plans, first reported by Bloomberg. Joseph Christinat, VP of Nasdaq’s media team, spoke to the UK’s daily tabloid The Express yesterday and confirmed the plans. The VP states that these futures will be listed and launched in the first half of 2019—no official date has been given at this time. Nasdaq Bitcoin Futures The launch still remains subject to…

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Cryptocurrency 

Circle and Coinbase Launch Their Joint Stablecoin USDC

Two of the largest companies in the cryptocurrency space, Circle and Coinbase, have joined forces to establish their own stablecoin, the USDC, or USD Coin. The tech startup companies are calling their joint venture the ‘CENTRE Consortium,’ which has its own website already. Circle and Coinbase: CENTRE Both Circle and Coinbase released their own individual blog posts about the joint venture and the launching of the stablecoin yesterday. The CENTRE Consortium is said to be aimed at “establishing a standard for fiat on the internet and providing a governance framework…

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Cryptocurrency 

Bitcoin Futures | Bakkt Announces Futures Launch Date!

The launch date for Bitcoin futures on the Bakkt platform has been announced. Bakkt is a platform for trading, storing, and spending digital assets, and was created earlier in 2018 by Intercontinental Exchange—the parent company of the New York Stock Exchange (NYSE). Bitcoin Futures Launch Date According to a document released today, the launch date for trading is December 12th, 2018. The document explains the idea further: “Each futures contract calls for delivery of one Bitcoin held in the Bakkt Digital Asset Warehouse, and will trade in US dollar terms. One daily contract will be listed…

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Blockchain 

Golden Gate Ventures | To Launch $10 Million Blockchain And Crypto Fund

Capital firm Golden Gate Ventures (GGV), based in Singapore, is planning to launch a $10 million USD fund exclusively for blockchain and cryptocurrency investments. The fund will be accessible for cryptocurrency start-ups as well as established blockchain companies looking for further investment. The announcement was made via Reuters, early today August 10th.  Who is Golden Gate Ventures? Golden Gate Ventures is one of Southeast Asia’s leading venture capital firms. The new fund will see the GGV invest in start-up companies such as cryptocurrency exchanges, security providers, and blockchain tech startups. This…

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