Monthly Archives: May 2019

Cryptocurrency research firm Diar has indicated that institutional traders recently registered record high volumes on bitcoin (BTC) derivatives exchanges in a report published on May 21.Per the report, bitcoin derivatives trading on the Chicago Mercantile Exchange (CME) hit an all-time-high for two months in a row.Bitcoin derivatives trading volume on CME. Source: DiarCryptocurrency exchange BitMEX…

Bitfinex and Tether lawyers are moving to dismiss their ongoing case versus the New York Attorney General (NYAG), according to court filings on May 21.Law firms representing the two companies argue that the New York Supreme Court (NYSC) does not have jurisdiction over the alleged misconduct being considered.The lawyers argue that the NYSC has neither…

Cryptocurrency asset management company BlockFi announced a change to its interest rates in a monthly update on May 21.Accounts with bitcoin (BTC) balances over 25 BTC will receive a .15% increase in interest rate, and those with ether (ETH) balances between 25 and 75 ETH will decrease from 6.2% to 3.25%.According to BlockFi, the lending…

Chinese e-commerce giant JD.com has applied for over 200 blockchain patents, according to a report by Securities Daily News on May 20.The report also notes that major e-commerce competitor Alibaba has applied for 262 blockchain patents, and Chinese internet titans Tencent and Baidu have applied for 80 and 50 such patents, respectively, as recorded by…

This interview has been edited and condensed.Hyperledger, an open source project, was created in 2016 by the Linux Foundation in order to support the development of blockchain-based distributed ledgers. All the members of Hyperledger — including such major actors as Intel, Accenture, JPMorgan Chase, Hitachi, Fujitsu, Alibaba Cloud, Citigroup, Deutsche Telekom and many others —…

Stablecoin issuer Tether said that it had invested some of its reserves in bitcoin (BTC), according to a court filing obtained by tech-focused media outlet the Block on May 21.Per the document dated May 16, David Miller, an attorney for Tether’s associated firm Bitfinex, said that Tether invested “a small amount” of Tether’s reserves into…

The cryptocurrency space needs regulatory certainty and the current definition of cryptocurrency is too broad, said the CEO of crypto finance startup CIrcle, Jeremy Allaire, in a blog post on May 20.Allaire’s statement comes in the wake of the “geofencing”  of nine different coins for United States-based clients of digital currency exchange Poloniex, which is…

Ledger Vault, the custody arm of hardware wallet manufacturer Ledger, will provide its services to Canadian cryptocurrency broker Voyager Digital, according to a press release shared with Cointelegraph on May 21.Per the release, Voyager Digital will integrate Ledger Vault’s multi-authorization cryptocurrency wallet management system into its trading platform with the aim to increase its overall…