Today's Hot Topics

Bitcoin Futures Coming in July Announce Bakkt

An institutional cryptocurrency trading platform led by the Intercontinental Exchange (ICE), expects their Bitcoin futures to be listed on federally regulated futures exchanges in July. The well-anticipated Bakkt platform will be overseeing the initial first user tests of its Bitcoin futures live on federally regulated futures exchanges. “We’ll be working with our customers over the next several weeks to prepare for user acceptance testing (UAT) for futures and custody, which we expect to start in July. We’ll provide more details in upcoming posts, but we expect to use UAT to ensure that customers have time to onboard and can test...

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Third Security Update From Binance - Still Going Strong

Last week was a particularly eventful one for the crypto space with Bitcoin making some significant price gains but the one that stood out the most is the security breach on Binance that saw 7,000 Bitcoins stolen out of hot wallets. So yes, one of the biggest crypto exchanges suffered a big hack where $41 million worth Bitcoins were stolen. Following the attack, the exchange announced that they were a victim of a hack due to a breach in security. “A large number of user API keys, 2FA codes, and potentially other info,” in order to carry out the attack.”...

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Was Bitfinex Behind Bitcoin’s Price Rally?

What a weekend it has been for the crypto space! Bitcoin just touched $7,500 in what seemed to be some unbelievable price surge so short after the leading cryptocurrency hit the $6,000 mark. It’s just so unexpected after a year of turmoil, and with the recent breach on Binance that Bitcoin is still defying the odds is nothing short of incredible. The trading volumes in BTC have made some serious gains over this weekend. In fact, they even went to an all-time high of $29 billion yesterday which surpassed the previous record set on January 8th in 2018. If anyone...

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Weekly Roundup: What’s Happened with Binance, BTC & XRP This Week?

Well then, this week has been particularly exciting for the crypto space. Not necessarily in a good way either as one of the world’s biggest exchanges, Binance experienced a security breach but luckily this didn’t stop Bitcoin from surpassing the $6k key resistance level. On top of this, we also saw Ripple launch the new 4.0 update which is helping more banks integrate the xRapid system. Ripple 4.0 The Chief Technology Officer at Ripple Labs, David Schwartz has said that the latest version of its cross-border payment solution xCurrent is now live. Now as we know, Ripple has over 200...

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India’s Regulatory Environment Behind Coinome Close

It was announced yesterday that the Indian Coinome exchange is closing down. The crypto exchange, backed by Billdesk, announced that its operations will be closing its doors from 15th May, however, it is unclear if the company plans to exit the Indian market forever or whether this is just a temporary closing. All crypto markets on Coinome will be suspended, effective 2pm on May 15th, 2019. Customers are requested to withdraw all their crypto assets from Coinome at the earliest. — Coinome (@CoinomeOfficial) May 9, 2019 Recent regulatory changes introduced by the Reserve Bank of India, are most likely to...

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