As Facebook gets ready to launch its cryptocurrency in 2020, the group is putting the pieces together. As per the TechCrunch report, Facebook has acquired Servicefriend, a startup which builds chatbots to automate conversational interfaces over WhatsApp and Messenger. According to the co-founder and a few other employees Linkedin profiles,...
Bakkt Bitcoin futures contract goes live on Sunday at 8:00 PM EDT recording a total of 28 BTC in the opening 9 hours of the trading. As of press time, the price of Bakkt monthly Bitcoin futures contract is $10,025, while the Bitcoin prices on spot exchanges like Coinbase, Binance...
U.S. authorities have indicted two hackers, Elliot Gunton, and Anthony Tyler Nashatka, for hacking EtherDelta. The duo used a DNS attack on EtherDelta, a cryptocurrency exchange built on Ethereum blockchain in Dec 2017. The two hacked the EtherDelta systems using the employee phone number and email address purchased from the...
CME Group, one of the largest derivatives exchange announced it will launch options on its Bitcoin futures contracts in Q1 2020. The proposal is pending regulatory review. By launching Bitcoin options, the company is providing its clients additional tools for precision hedging and trading. “Based on increasing client demand and...
Bitwise Asset Management Bitcoin ETF proposal submitted in Jan 2019 is awaiting for SEC final decision on 13th Oct. SEC has postponed several Bitcoin ETF proposals in the past and recently, SEC Chairman Jay Clayton in an interview with CNBC said that concerns remain on lack of safe custody options and...
JP Morgan’s Interbank Information Network, a blockchain-based payment system has now more than 340 banks joining the network. IIN system enables member banks to exchange information in real-time with fewer steps. Recently, Deutsche bank signed-up to be part of the IIN system. Full list of banks joining JP Morgan’s Interbank...
Citi, IBM, and Ubisoft have partnered with Tribe Accelerator, a Singapore blockchain accelerator program backed by Enterprise. The accelerator helps startups from industries such as fin-tech, supply chain, and health care bring their blockchain solutions to market and scale internationally. The addition of IBM, Citi, and Ubisoft will give participating...
VanEck-SolidX withdraws its application for the Bitcoin ETF proposal just a month before the scheduled date for the SEC to give the final decision on the proposal. Earlier this month, VanEck-SolidX launched limited shares of Bitcoin Trust 144A as a testing ground available only for qualified institutional buyers with a shorter...
Many expect BTC is currently forming a descending triangle pattern and approaching near the apex of the breakout. Interestingly, around the same time, Bakkt will launch its Daily/Monthly Bitcoin futures contract on 23rd Sept. Today we are told to believe that interest among institutional investors is high for Bitcoin and...
Wells Fargo today announced plans to create its own digital cryptocurrency ‘Wells Fargo Digital Cash’ to be used as a settlement method within its global network. The digital currency will run on Wells Fargo’s first blockchain platform. The blockchain-based settlement network will help Wells Fargo to remove barriers to real-time...
