Huobi Derivative Market Reports Volume Surpassing $20 Billion

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Huobi Derivative Market (Huobi DM) reports that trading volume recently surpassed USD $20 billion. Huobi DM says that trading volume topped $10 billion during the first full month of operations. The company notes that trading growth comes at a time of slowing crypto activity. Huobi… Read More

Bitcoin Payments Processor Bitpay Announces Record 2018 Revenues

Bitcoin payments processor Bitpay says it processed over one billion dollars of Bitcoin payments in 2018 for retail and government clients, and has, “set a new record for transaction fee revenue by adding new customers like Dish Networks, HackerOne, and the State of Ohio.” The… Read More

Ripple Partners with Tsinghua University to Launch the Blockchain Technology Research Scholarship Program

The Institute for Fintech Research, Tsinghua University (THUIFR) has partnered with Ripple to launch the Blockchain Technology Research Scholarship Program (BRSP) for graduate students in China. Based on the academic and industrial research achievement accomplished by Fintech Lab since 2012,THUIFR  is jointly established by PBC… Read More

Survey: American Investors Lost $1.7 Billion on Bitcoin, Many Don’t Know Rules or Value of Tax Reporting

A survey conducted by the credit score provider Credit Karma of 1009 US adult Bitcoin investors has determined Americans investors may have incurred $1.7 billion in collective realized losses from Bitcoin speculation- about $718 USD each. The survey also determined an additional $5.7 billion in… Read More

Alternative Finance is Booming in Latin America: Diego Herrera from the Inter-American Development Bank Provides Deeper Perspective into the Fast Emerging Fintech Market

Last month, CI covered the Cambridge Centre for Alternative Finance (CCAF) Americas Report. Overall, alternative finance grew 26% with the US dominating the sector as the largest market in the region. But digging into Latin America and the Caribbean (LAC), this market grew by a huge 94%… Read More

Fingers Crossed: Thai Crypto Exchange Denied License, Will Reapply

Coin Asset, a Thai cryptocurrency exchange is “seeking a way to remain open” after being denied a license by the Thai Securities and Exchange Commission (SEC), Bangkok Post reports: “Coin Asset chief executive Sivanus Yamdee said the company will meet the SEC on Friday to discuss continuing its… Read More

Crypto Platform Ethos Announces Universal Wallet Update; Now Enables Users to Buy With Simplex & Conduct Coin Swaps With ShapeShift

Singapore-based cryptocurrency services platform Ethos announced earlier this week it has released a new update for its Universal Wallet, v1.6. According to Ethos, the update significantly builds on the existing ability to store, send and receive more than 140 coins/tokens, now enabling users to buy crypto with… Read More

South African Authorities Urge Regulation of Crypto Sector, Aim to Do So By End of Q1 2019

Authorities responsible for regulating finance, banking and taxation in South Africa have issued a consultation paper stating that regulation of the cryptocurrency/digital token sector should be enacted forthwith and adjusted to accommodate innovation later: “The IFWG and Crypto Assets Regulatory Working Group is of the… Read More

Blockspring Team to Join Coinbase

Blockspring, a U.S.-based financial service startup, announced this week its team will be joining Coinbase. Speaking about joining Coinbase, CEO and Co-Founder, Paul Katsen, revealed in a blog post: “Back in summer 2014, Jason, Don, and I launched a tool for developers to easily build APIs without needing to… Read More

IronX Exchange Celebrates $26.3M+ IRX Token Sale, Beta Launch Continues

The IronX Exchange, a joint venture between global multi-asset broker IronFX and Cardano (ADA coin) creator EmurgoHK. The exchange has a full range of both crypto and fiat wallet funding options. Just in: IronX has raised $26,319,447.92 via its token sale. “The IronX token sale… Read More

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