Open Interest in Bitcoin Futures Hits Yearly High of $12B

Hong Kong's central bank issued guidance for firms interested in offering custodial services for digital assets.Among the requirements, the HKMA wants firms to hold clients' digital assets in client accounts segregated from the firm's own assets in the event of an insolvency.Hong Kong's central bank issued guidance for authorized institutions interested in offering custody services

news Binance’s much anticipated decentralized exchange (DEX) has gone live ahead of its planned schedule. The world’s top cryptocurrency exchange by adjusted volume announced the news on Tuesday, saying that while trading will begin “at a later date,” users can now create wallets on Binance DEX. A representative told CoinDesk that trading will launch “as soon as…

Crypto investor and Tron network founder Justin Sun transferred $4.3 million worth of MakerDAO’s maker (MKR) tokens to crypto exchange Binance early Tuesday.When investors send tokens to an exchange, it often suggests they plan to sell. Representatives for Sun didn’t immediately respond to a request for comment.Blockchain data by Arkham Intelligence show that a wallet…

Mar 4, 2020 at 19:39 UTCUpdated Mar 4, 2020 at 20:29 UTCBitcoin prices, March 4, 2020.Bitcoin (BTC) is staying steady, with the 24-hour price remaining in the $8,600-$8,800 range as of 18:00 UTC (1 p.m. EST). Over the past 24 hours, the price rose a mere 0.07 percent. The surprise U.S. Federal Reserve rate cut Tuesday…

Two blockchain startups have good news for those tired of teaching AIs to recognize stops signs, announcing a new ethereum-based solution Wednesday that is aimed to tackle the current plague of automated bot nets on the internet. Anyone who uses the web is aware at some level that bots are a problem – that's why…

Sep 21, 2020 at 21:51 UTCAlert placed on the Silk Road 2.0's homepage following its seizure by the U.S. government and European law enforcement. (Credit: FBI)Silk Road programmer Michael R. Weigand pleaded guilty Monday to concealing his involvement in the once-sprawling darknet market’s backend operations. Prosecutors alleged that Weigand, 56, worked to shore up Silk…

The Philippines is likely to issue a wholesale central bank digital currency within two years, the Inquirer reported.The country does not plan on issuing a retail CBDC on concerns this is more likely to cause bank runs.The Philippines is likely to issue a wholesale central bank digital currency (CBDC) within two years, central bank Governor

Litecoin (LTC) has begun the month with a rally, rising 7% over the last 24-hours, with bulls noting the network’s halving in two months and a significant uptick in activity in May.It continues a period of overperformance for litecoin, which is up 7.5% over the last 30 days, the third-best result among crypto assets over…

Oct 28, 2020 at 04:00 UTCJPMorgan Invites Banks and Fintechs to Build on Its Revamped Blockchain Network“Think of it as the foundation of an enterprise mainnet.” That’s how Christine Moy, head of JPMorgan’s newly rebranded Liink banking network, described its aspirations towards decentralization in the realm of big business.The revamped Liink, which is based on a…