Announcements, Stories, Opinions And Ideas

A weekly digest of relevant news about digital assets and crypto, outlining crucial blockchain industry updates that you may have missed.

Crypto Heavyweights Coinbase, Polychain And Paradigm Invest $28 Million In Hong Kong Crypto Trading Firm
The crypto market is thriving in Asia—today it’s home to at least 80% of global crypto trading. Now top U.S. crypto investors, including Pantera Capital, Paradigm, Polychain, Coinbase and Dragonfly are lunging at an opportunity for a piece of that market.
Binance Adds 15 Fiat Currencies as Exchange Pushes Global Expansion - CoinDesk
The new fiat funding options come via the exchange’s integration with Israeli payments processor Simplex.
Coinbase Commerce Integrates Dai Cryptocurrency for Merchant Payments - CoinDesk
This is the first new cryptocurrency added by Coinbase Commerce since it added USDC in May 2019.
Steemit Sets Up Shop on Tron Network - CoinDesk
Steemit, the blockchain-based social media platform, is partnering with the Tron Foundation, introducing Steem dapps and users to the Tron network.
OKEx Partners With Bain-Backed Crypto Exchange to Launch Leveraged Futures in India - CoinDesk
Through the partnership the firms will launch a new futures trading platform in India, providing OKEx with a foothold in a high-potential market.
Bitcoin Price Drop Nets Bitfinex ‘Whale’ $10 Million in 5 Minutes
Bitcoin price suddenly dived below $10K on Saturday leading many to speculate that a well-known Bitfinex whale trader could be the reason for the pullback
China Takes Additional Steps to Digitize the Renminbi
The People’s Bank of China files for multiple patents related to digital currency
Nasdaq, Morgan Stanley Trading Vets Build Startup to Unite Crypto Market Price Ranges - CoinDesk
A group of trading vets from NASDAQ, Visa and Morgan Stanley say they’ve built a liquidity solution for the world’s disparate cryptocurrency markets.
Binance Set to Launch NEO/USDT Futures With Up to 50x Leverage
Major cryptocurrency exchange Binance announced it is about to launch a new futures product tracking crypto asset NEO
Wells Fargo Invests $5M in Startup Connecting Crypto Exchanges and Banks - CoinDesk
Banking giant Wells Fargo is backing blockchain forensics firm Elliptic.
Bitcoin ATM Provider Doubles Number Of Machines In 2-Month Span Using New Licensing Platform
After taking four years to rent space in stores for its first 300 machines in 44 states, Coinsource used its new service to double that number to 600.
Bahamas Digital Dollar to Roll Out Across All Islands in H2 2020, Governor Says
The Central Bank of the Bahamas plans to adopt the Bahamian digital dollar pilot in the second half of 2020