Binance announced acquisition of cryptoasset derivatives trading platform JEX on Monday, 2nd Sept 2019. JEX now becomes Binance JEX with the acquisition. Binance will now handle JEX team as well as token. JEX token now will focus on delivering cryptocurrency derivatives to Binance users. Including, futures contracts, options, and other derivatives Interestingly, Binance also introduced...Read More
Mobile phones play a crucial role in the lives of cryptocurrency users. A lot of people either check prices or store their assets on a mobile device. Owners of the Samsung Galaxy S10 will be rather pleased with the most recent software update. They can now store Binance Coin and various stablecoins in auto-generated wallets....Read More
The Indian economy is experiencing severe economic slowdown not seen in many years, and cryptocurrency can potentially help. However, the government is considering a draft bill to ban cryptocurrencies, which could have undesirable consequences on the economy. Meanwhile, the Indian crypto community has already been enduring a banking ban by the central bank. Also read:...Read More
Cryptix AG is a Blockchain service provider. It has completed the acquisition of Blocktrade, a Liechtenstein digital asset platform on Tuesday, 27 August 2019. After the acquisition, the team of Cryptix AG will remain with Blocktrade for future development. The acquisition won’t affect customers says the announcement. Luka Gubo, CEO of Blocktrade says “The additional...Read More
Many signs indicate that the Indian economy is under grave stress, affecting nearly all sectors. “India’s economy is in a deep mess,” due to initiatives such as demonetization and GST, some lawmakers say, as they urge the government to handle the situation “which is intensifying on a daily basis.” Also read: Indian Supreme Court Orders...Read More
After hearing the arguments against the banking restriction by the Reserve Bank of India (RBI) in detail, the Indian supreme court directed the central bank to reply to the representations filed by crypto exchanges. Since the RBI has not adequately answered them, the court set a new date to resume hearing the case. Also read:...Read More
The Indian supreme court heard the case against the crypto banking restriction by the Reserve Bank of India (RBI) in detail Tuesday. After many arguments challenging the RBI’s power over crypto were presented, the counsel for the central bank began making the case against cryptocurrency. Also read: RBI’s Power Over Crypto Challenged at Length in...Read More
Bitcoin has often been compared with gold as it shares a number of similar traits. Both are safe haven assets, immune from government meddling, and both have a strong perception of scarcity. One veteran investor sees a strong demand for bitcoin and crypto assets as a bullish indicator for gold prices.Rise of Crypto Currencies Good...Read More
There are many reasons why the Philippines is becoming increasingly crypto-friendly. Not only has its central bank registered more crypto exchanges recently, but the Securities and Exchange Commission has also been actively finalizing crypto guidelines. The country has an active crypto community, and one of its largest banks has engaged in multiple crypto projects. Also...Read More
Rakuten Wallet has now introduced spot trading services for virtual assets. Using these services, the customers can conduct spot trading on their crypto assets directly from their “dedicated smartphone app”. As per the official post, this exchange will also include few security methods to ensure that the user’s crypto assets are safe. Only Bitcoin, Ethereum,...Read More
There are many reasons why the Philippines is becoming increasingly crypto-friendly. Not only has its central bank registered more crypto exchanges recently, but the Securities and Exchange Commission has also been actively finalizing crypto guidelines. The country has an active crypto community, and one of its largest banks has engaged in multiple crypto projects. Also...Read More
