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OKEx Founder Released from Custody and Denies Fraud

Yesterday, it was announced that OKEx founder Star Xu had been taken into police custody for fraud allegations. If no substantial evidence was found, Xu would be released from custody in a 24-hour period. According to local news reports, Xu has been released and isn’t pleased. OKEx Founder Strikes Back “I have no fictional facts, concealing the truth and defrauding ...

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Huobi Global Buys BitTrade | Acquires the Majority Stake

In a major announcement, Huobi Global buys BitTrade. Huobi Japan Holding Ltd, Huobi Global’s wholly owned subsidiary, just acquired the majority stake of Japan’s BitTrade. Huobi Global owns and operates Huobi, the third largest cryptocurrency exchange by daily trade volume. Huobi Global Buys BitTrade Huobi will partner with BitTrade, one of the only 16 regulated and Japanese government-approved crypto currency ...

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Huobi Global Buys BitTrade | Acquires the Majority Stake

In a major announcement, Huobi Global buys BitTrade. Huobi Japan Holding Ltd, Huobi Global’s wholly owned subsidiary, just acquired the majority stake of Japan’s BitTrade. Huobi Global owns and operates Huobi, the third largest cryptocurrency exchange by daily trade volume. Huobi Global Buys BitTrade Huobi will partner with BitTrade, one of the only 16 regulated and Japanese government-approved crypto currency ...

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Crypto Project Carbon Launches Stablecoin CarbonUSD

Crypto project Carbon is launching its own stablecoin called CarbonUSD. According to its website: “Carbon is a price-stable cryptocurrency that is creating a more efficient and inclusive global economy.” The coin will be based on the Ethereum network and is said to be backed one-for-one by the US dollar. Its arrival comes a week after the release of two competitor stablecoins, the Gemini dollar and Paxos Standard. ...

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Crypto Project Carbon Launches Stablecoin CarbonUSD

Crypto project Carbon is launching its own stablecoin called CarbonUSD. According to its website: “Carbon is a price-stable cryptocurrency that is creating a more efficient and inclusive global economy.” The coin will be based on the Ethereum network and is said to be backed one-for-one by the US dollar. Its arrival comes a week after the release of two competitor stablecoins, the Gemini dollar and Paxos Standard. ...

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Are they Viable? Berkeley Economics Prof Doesn’t Think So

Stablecoins are becoming popular. There’s no denying it; a number have hit the market this year. In fact, just yesterday, the Winklevoss twins announced the Gemini Dollar—the first-ever regulated stablecoin. Not to mention Carbon launched CarbonUSD, a US dollar backed stablecoin, today. And yet, despite the crypto market displaying optimism around the latest trend in the industry, one Berkeley Professor ...

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Crypto Project Carbon Launches Stablecoin CarbonUSD

Crypto project Carbon is launching its own stablecoin called CarbonUSD. According to its website: “Carbon is a price-stable cryptocurrency that is creating a more efficient and inclusive global economy.” The coin will be based on the Ethereum network and is said to be backed one-for-one by the US dollar. Its arrival comes a week after the release of two competitor stablecoins, the Gemini dollar and Paxos Standard. ...

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Security Tokens Trading Platform | Binance & Malta Stock Exchange MOU

The subsidiary of the Malta Stock Exchange, MSX PLC, has signed a Memorandum of Understanding (MOU) with crypto exchange Binance. The pair will launch a new Security Tokens Trading Platform. According to a press release from today, the new trading platform will benefit from the two bodies in two ways:  – From the Malta Stock Exchange’s “26-year track record of operating as a regulated stock ...

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World Crypto Con | Huge Line-Up of Experiences for Inaugural Event

HomePress ReleaseWorld Crypto Con Unveils Huge Line-Up of Experiences for Inaugural Event Event kicks off with Bitcoin’s 10th Birthday Bash; Immersive Activities include Bloqchain Smart Vegas Hackathon, Decent.bet’s Blockchain Poker Tournament, Blockchain eRacing, and Much More NEW YORK, SEPTEMBER 06, 2018 – World Crypto Con (WCC), the cryptocurrency and blockchain industry’s most immersive and interactive conference experience, unveiled today a ...

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First Block Capital Launches Canadian Bitcoin Mutual Fund

Yesterday, First Block Capital Inc, a Canadian blockchain and cryptocurrency investment company, announced that its Bitcoin (BTC) trust has achieved mutual fund status in Canada. Due to this, it allows investors to place funds in registered accounts such as Registered Retirement Savings Plans (RRSP) or Tax-Free Savings Accounts (TFSA). Bitcoin Mutual Fund Block’s FBC Bitcoin (BTC) trust allows qualified investors ...

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