A group of former software developers from Morgan Stanley have created a cryptocurrency derivatives exchange that will reportedly execute trades in less than a millisecond for both retail and institutional investors. Phemex has been in the beta testing phase for several weeks, and started trading...
U.S. asset manager WisdomTree has launched its first investment product, offering large investors exposure to bitcoin without having to directly hold the asset. As Jason Guthrie, WisdomTree Europe’s head of capital markets, pointed out, the offering is the first its kind by a mainstream, established...
Decentralized cryptocurrency exchange (DEX) CryptoBridge is shutting down. The exchange posted an announcement on its website to inform users that its services and servers will cease operations after December 15. While users can withdraw funds from the exchange until then, deposits will be closed after...
The Central Bank of Sri Lanka has a call out for tech companies that can help it develop a blockchain-based know-your-customer (KYC) platform. The bank made the announcement on its website on Nov. 29, requesting tech companies who can build a “proof of concept” shared...
The Bank of Russia has voiced its support for a ban on cryptocurrency payments, saying that “private cryptocurrencies cannot be equated with fiat money and cannot be legal tender.” “If it is decided to ban cryptocurrencies as a means of payment at the legislative level, we...
Crypto-based donations are taking center stage this holiday season with #BitcoinTuesday. The event on Dec. 3 is a take on GivingTuesday, which allows people to make donations to charities. The event launched in 2012 and raised around $400 million in the U.S. last year. Now...
Crypto startup Gladius Network announced Nov. 22 that it has shut down. The news comes after it settled charges with the U.S. Securities and Exchange Commission (SEC) earlier this year for selling an unregistered security. “We regret to inform you that Gladius Network LLC has...
India’s Minister of state for electronics and IT (MeitY) has announced that the government is drafting a national framework to expand the deployment of blockchain use cases. “Ministry of Electronics and Information Technology (MeitY) has identified Blockchain Technology as one of the important research areas...
BitBay has announced that monero (XMR) will no longer be tradeable starting in February 2020. The crypto exchange will end deposits of XMR as of Nov. 29, and will block withdrawals from Friday to Dec. 5, which is around the time of a planned monero...
