LedgerX, the bitcoin derivatives trading provider, claims that it witnessed a record amount of trading over the course of past 2 Months. The company (in July alone) cleared $50 Million in derivatives volume, claimed Juthica Chou, chief risk officer and president, to the media in an interview. Previously this month, the company also executed its biggest trade till date worth $15,000. Partially in response to elevated client requirement, LedgerX rolled out a new bitcoin buying system previous month. Dubbed as one-click bitcoin, the platform acts as a “one-stop store” for high net-worth or institutional customers to purchase bitcoin effortlessly via…
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Sony, the Japanese technology giant, wishes to patent 2 hardware approaches for maintaining and hosting blockchains, claims the newly published papers. The two filings from Sony are entitled “Device and System” and “Electronic Node and Method for Maintaining a Distributed Ledger,” unveiling for the first time that the firm is operating on blockchain-associated hardware concepts. These concepts also arranged the stage for the firm to possibly comprise blockchain-associated devices in future goods. Earlier, as previously claimed by the media, the tech firm has filed patent applications targeted majorly around the tech’s use cases, comprising security and education data management. The…
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Starbucks said it would not consider and accept Bitcoin (BTC) or other cryptocurrencies as a type of payment, despite misleading media reports, spokeswoman of told Motherboard on Friday, August 3. Earlier on Friday, the Intercontinental Stock Exchange announced, that operates the New York Stock Exchange plans to create a new global platform and ecosystem for digital assets called Bakkt with a group of some large companies, including BCG, Starbucks, and Microsoft. After a big announcement, a number of media outlets, including Bloomberg and CNBC, indexed misleading headlines. For Instance, the new alliance of Starbucks with Microsoft enables customers to pay…
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VoxWeb, the Singapore-located social media company, declared its plans to roll out Vollar, its cryptocurrency. The firm claims that Vollar will allow VoxWeb to monetize via fintech-based and social-commerce solutions without any requirement to serve targeted advertisements. It also plans to resolve the primary challenges in the mass acceptance of volatility, cryptocurrencies, and liquidity via its currency policy. The firm is ready to provide its early accepters a chance to win free Vollar coins, on the basis of their employment of VoxWeb social media application. On SoFi you can trade crypto alongside the stocks, fractional shares, and ETFs that you’re…
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tZero, the token platform subsidiary of Overstock.com, is formally concluding its STO (security token offering). In addition to this, the platform claimed that there will not be additional expansion, as per its interview with the media. The interview claimed that investors with completely executed SAFEs (Simple Agreements of Future Equity) have a deadline till this week to send funds to tZero. The firm aims to report the outcomes of the STO this week during the earnings call. It was not instantaneously clear how much tZero lifted at the time of funding. A tZero spokesperson refused to offer extra information. He…
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A Chinese bitcoin investor sued OKCoin, a local cryptocurrency exchange for not letting him get Bitcoin Cash post-Bitcoin Fork, according to the local news agency, Weekly Cool. This should be the first legal action in China in which bitcoin’s last year’s fork was involved. Investors, under the pseudonym Feng Bin sued OKCoin, accusing the exchange for barring him from receiving 38,748 BCH, which was due he had to get along the hard fork in August 2017. Feng Bin process said that he tried to sell Bitcoin Cash when the digital currency reached a record level to $4,000 in December 2017.…
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With $1.7 Billion in the bank following its ICO (initial coin offering), Telegram has rolled out its first crypto-friendly functionality. But security scientists are doubtful. As stated in a blog post, a US-located startup, Virgil Security, has verified various weaknesses in Passport, the new identity verification app. While the firm praised Telegram for posting the API of the application as open source, Virgil Security detailed 2 issues with the app: how it protects amassed data and how it encrypts data. The API allows the code to be verified by other experts. “Their promise to openness offers security practitioners the chance…
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LevelTradingField, the interactive financial markets technology service, is rolling out a cryptocurrency derivatives exchange employing the ethereum blockchain. Named as CADE, the service is set to go live from September 2018. It will list ERC-20 tokens that track ether, bitcoin, bitcoin cash, litecoin, monero, and ripple. The tracking will be done on a rolling basis, as per a media report published last week. These tokens will permit traders to harvest the economic advantages of crypto investment without essentially owning any of the digital products. All CADE’s derivative tokens are to be price-tagged in LUSD, a stablecoin guaranteed by the firm…
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The first music festival’s tickets are now on sale. The festival is set to be fueled by blockchain technology. Planned for this winter, the Our Music Festival is rolling the OMF token (its personal virtual currency) at the University of California at its opening event at Berkeley’s William Randolph Hearst Greek Theatre. It will be the first musical experience to process booking charges on a live blockchain app. The festival expects that the event will please the tech crowd of the city and aims to grow on the ethereum network. Pre-sale tickets begun with a price tag of $25 and…
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West Virginia is launching out a blockchain-supported mobile voting application to all the 55 counties of the state. This is done so that in the midterm elections military personnel located abroad can more effortlessly cast their ballots. The media earlier claimed that the state piloted the blockchain application in May for stationed military staff and their dependents from Monongalia and Harrison counties. Mac Warner (Secretary of State) claimed that the plan (at that time) was to expand the effort all over the county in November during the midterms if the pilot proved to be victorious. Now, as per the media,…