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Tether Becomes Second Crypto to Launch on Blockchain Futures Platform

News As the volume of Bitcoin (BTC) derivatives trading continues to rise, the cryptocurrency industry keeps tapping more crypto markets, like stablecoin Tether (USDT), for futures trading. KuMEX, a derivatives arm of IDG-backed crypto exchange, KuCoin, is planning to roll out USDT-margined Bitcoi..

US Holding Firm Halted Mining Business After Bitcoin Crashed Below $4K

News Although the cryptocurrency markets have slightly recovered following massive sell-offs in mid-March, Bitcoin’s (BTC) faltering price has led to notable miner instability and closures. Soon after Bitcoin dropped below the $4,000 threshold on March 13, DPW Holdings, a Nasdaq-listed holding com..

Binance Academy Establishes Physical Presence in Shanghai

News Binance Academy has entered into an agreement with Shanghai’s local government to set up an office in the country. The initiative will reportedly be devoted to research blockchain technology in accordance with an Oct. 24 statement from Xi Jinping promoting its use. As announced on March 27 by..

South Korea’s Largest Bank Launch a Crypto Custodial Service

News Major South Korean bank KB Kookmin Bank is expected to launch a cryptocurrency custody service in the near future. According to a report from local news outlet Digital Today on March 27, the bank filed a trademark application for KBDAC, referring to a proposed Digital Asset Custody subsidiary..

Gaming Giant Atari to Feature in The Sandbox’s Forthcoming Blockchain Platform

News Iconic entertainment firm Atari is partnering with The Sandbox (TSB) on the upcoming voxel-based blockchain version of its popular user-generated content and gaming platform. In an announcement on March 27, blockchain startup Animoca Brands — parent company of TSB Gaming — revealed that the c..

Another Class Action Suit Brought Against Robinhood Over Platform Outages

News Following a series of platform outages during historic price action earlier this month, Robinhood, a popular stock and cryptocurrency trading app, now faces another class action complaint. The lawsuit, filed March 25, was brought by customer Bruce Queen, on behalf of “all Robinhood customers ..

Indian Tech Giant Mahindra Speeds Up Cross Border Transactions with Blockchain

News Tech Mahindra, the IT subsidiary of Indian conglomerate Mahindra Group, has become the first Indian business to use R3’s blockchain-based Marco Polo Network for conducting cross-border transactions. It said the platform had resulted in faster reconciliation and ambiguity resolution, as well a..

Binance Releases Its Own Debit Card, Initial Testing Will Be in Malaysia

News Binance enters the crypto debit card sector with news of an official Binance Card on March 26. Issued by Visa, the card will initially be available in South East Asia, though other regions will be unlocked soon, the company states. Like most other crypto cards, the Binance Card allows its use..

Binance Reveals the Secret Behind Its Cryptocurrency Futures Success

News Aaron Gong, vice president of futures at major cryptocurrency exchange Binance, explained to Cointelegraph how the firm managed to become one of the top crypto futures trading platforms. As Cointelegraph reported earlier this week, Binance recently overtook BitMEX and became the second-larges..

Malaysian Blockchain App Allows Users to Trace Sustainable Palm Oil

News The Malaysian Palm Oil Council (MPOC) and blockchain startup BloomBloc have developed a blockchain app that enables users to trace palm oil throughout the entire supply chain. Following a successful test, the blockchain-based system is available in a pilot roll out to local oil palm growers, ..

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