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🤔 Crypto Exchanges: Make It Or Break It

By March 25, 2019 March 29th, 2019 News

🏦 Ripple Partners with $19 Billion Bank

FRIDAY, MARCH 29, 2019

Ripple Inc., has partnered with India-based commercial bank, Federal Bank to offer blockchain solutions for cross-border remittances. At the moment, it’s unclear whether cryptocurrency will be directly related as fiat to crypto trading is illegal in India. Federal Bank is estimated to be worth $19 billion dollars with access to 8 million customers. 

SOURCE: ETHEREUMWORLDNEWS


🙅 FINMA Affirms Envion AG’s ICO Was Unlawful

FRIDAY, MARCH 29, 2019

Switzerland’s Financial Market Supervisory Authority (FINMA), has found Envion AG‘s ICO launch last July 2018 to be illegal. In their official report, it was discovered that the company accepted funds – in the form of bitcoin, ethereum, and USD – from over 37,000 investors and amounted to over 90 million francs.  

Envion was pitched as decentralized, clean energy for mobile mining units. EVN tokens were issued on cryptocurrency exchanges to its investors. The company has since been taken over by the Swiss Cantonal Court of Zug Switzerland, dissolved and ordered to be liquidated.

SOURCE: BITCOINIST


💎 CEDEX Secures $50M Worth of Diamonds for ETF

THURSDAY, MARCH 28, 2019

CEDEX, a blockchain-based trading platform, has secured over 6,000 diamonds, worth $50 million dollars, for the launch of its diamond exchange-traded fund (ETF). The platform uses blockchain technology and a proprietary algorithm that allows diamonds to become a tradable asset class like gold, overcoming challenges such as lack of transparency, liquidity and fungibility.

SOURCE: COINDESK


⚡ Zebpay Launches Bitcoin Lightning Network Integration

THURSDAY, MARCH 28, 2019

Zebpay, a Malta-based cryptocurrency exchange, will be the first platform to enable Lightning Network payments for its bitcoin users. Customers worldwide can use their BTC wallet balances through web, iOS, and Android apps to make Lightning transactions. 

SOURCE: DAILYHODL


🛡 Kraken Enforces 2FA and Launches Security Lab

WEDNESDAY, MARCH 27, 2019

U.S. cryptocurrency exchange, Kraken, ramps up its security by making two-factor authentication (2FA) mandatory for users. Currently, the two supported options for 2FA are Google Authenticator and YubiKey.

In their official blog post, Chief Security Officer, Nick Percoco, also announced the formation of Kraken Security Labs. The team will be dedicated to enhancing security of their environments and products. 

SOURCE: COINTELEGRAPH


📱 Trustology Launches iPhone Crypto Wallet

WEDNESDAY, MARCH 27, 2019

TrustVault, by Trustology, is now available for download from the Apple UK app store. The new iPhone cryptocurrency vault currently only supports ether but bitcoin and ERC-20 tokens will be added soon.

Unlike current typical cold wallets, it boasts a combination of hardware security modules (HSMs) with verification processes distributed among individuals at secure data centres. Users will be able to access funds within a matter of seconds. 

Trustology was founded by a team of technologists that previously worked at financial institutions including BNY Mellon, RBS, and Barclays. The company closed a seed round of $8 million last year. 

SOURCE: COINDESK


⚡ Huobi’s US Arm To Launch Lending, OTC Trading & Stablecoin

WEDNESDAY, MARCH 27, 2019

Huobi Global’s U.S branch, HBUS, is organizing a new team headed by Katelyn Mew to develop solutions for its institutional investors. They will be focusing their time and resources creating services such as token lending, over-the-counter trading, and potential issuance of a Huobi stablecoin. 

SOURCE: COINTELEGRAPH


💻 DragonEx Crypto Exchange Has Been Hacked

TUESDAY, MARCH 26, 2019

Singapore cryptocurrency exchange, DragonEx, notified its users via Telegram that it suffered a hack. The cyberattack took place on Sunday, March 24 and resulted in theft from users and platform crypto assets. The crypto exchange administrator provided an update identifying 20 wallet addresses to where the stolen assets were transferred to: here

SOURCE: COINTELEGRAPH


💸 Rakuten Granted License for New Crypto Exchange

TUESDAY, MARCH 26, 2019

Japanese e-commerce giant, Rakuten, has received licenses for its relaunched cryptocurrency exchange, Rakuten Wallet. The license was issued by the country’s Financial Service Agency (FSA), registering it as a virtual currency exchange service provider. Users can sign up for the new service on March 30, 2019

SOURCE: COINDESK


🇯🇵 Yahoo!-Backed Crypto Exchange to Launch May

TUESDAY, MARCH 26, 2019

Japanese cryptocurrency exchange, Taotao – formerly known as BitARG – is set to launch this May. Taotao is currently 40% owned by a subsidiary of Yahoo! Japan. Taotao will launch two cryptocurrencies on its platform: bitcoin and ethereum. Users will be able to leverage margin positions for ripple, bitcoin cash and litecoin. 

SOURCE: CRYPTOGLOBE


⛓ OKEx Launches New Blockchain Platform & DEX

MONDAY, MARCH 25, 2019

Cryptocurrency exchange, OKEx, announced its latest projects including its new blockchain, OKChain, and decentralized platform, OKDEx.

OKChain is currently in its final stages of development and the testnet is set to launch June 2019. OKEx’s OKB token will start on the ERC-20 blockchain and migrate to the mainnet once it becomes ready. 700 million OKB tokens will be delayed for release between 2020 to 2022.

SOURCE: BITCOINEXCHANGE


💼 Seed CX Partners with Hydra X To Expand To Asia

MONDAY, MARCH 25, 2019

United States cryptocurrency exchange, Seed CX, has partnered with Hydra X, a Singapore-based FinTech firm, to offer its services in Asia. The integration of Seed CX’s exchange platform with Hydra X’s trading platform, Sigma, will allow users to view prices, trade and monitor their portfolio, as well as gain access to a fiat-cryptocurrency gateway. 

SOURCE: BLOCKTRIBUNE


🚀 eToro Lists Tron

MONDAY, MARCH 25, 2019

eToro, the United Kingdom social trading platform, announced its listing for  Tron (TRX). This announcement comes after the company revealed it is offering its trading service in the United States. The platform currently lists 13 cryptocurrency assets including bitcoin (BTC), ethereum (ETH), ripple (XRP), litecoin (LTC), bitcoin cash (BCH), and stellar (XLM).

SOURCE: COINTELEGRAPH


🐋  Blockchain Watch: Whale, Hello There

FRIDAY, MARCH 29, 2019
THURSDAY, MARCH 28, 2019
WEDNESDAY, MARCH 27, 2019
TUESDAY, MARCH 26, 2019
MONDAY, MARCH 25, 2019

SOURCE: TWITTER


Images courtesy of Shutterstock

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