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Kraken OTC Desk Head: Trading Volume Has Increased 2,000% Since 2018

News Nelson Minier, head of over-the-counter (OTC) trading at major cryptocurrency platform Kraken, has stated that the OTC desk’s trades per month have increased by a factor of 20 since the beginning of last year. Minier gave his remarks in an episode of The Block’s podcast, The Scoop, on Aug. 20..

Crypto Trading Firm INX Hopes to Raise $5M-$130M in Upcoming IPO

News Gibraltar-registered blockchain and cryptocurrency-focused startup INX Limited intends to raise between $5 million and $130 million through an initial public offering (IPO) per a document filed with the United States Security and Exchange Commission (SEC). The filing reads that INX — which de..

South Korean Crypto Exchange Coinone Releases Criteria for Crypto Listing

News South Korean cryptocurrency exchange Coinone has released a set of criteria for determining whether to list new digital currency projects on the exchange. In a blog post published on Aug. 8, Coinone described nine criteria cryptocurrency projects should comply with in order to be listed on th..

Crypto Exchange Poloniex to Delist 23 Trading Pairs Due to Low Volume

News San Francisco-based cryptocurrency exchange Poloniex is going to remove 23 trading pairs ostensibly due to low volume. In a tweet published on Aug. 15, Poloniex announced that it will be removing 23 trading pairs on August 16, 2019, due to low volume. After removing, each asset will continue ..

Celsius Network Incorporates Bitcoin.com Platform to Streamline Services

News A new partnership between crypto lending and borrowing platform Celsius Network and fintech-focused media outlet Bitcoin.com aims to streamline digital currency-related services for crypto owners using the Celsius App. Per a press release published on Aug. 15, Celsius has integrated Bitcoin.c..

Crypto Derivatives Exchange Blade Raises $4.3M From Coinbase and Others

News A soon-to-launch cryptocurrency derivatives exchange has raised $4.3 million from major investors such as the cryptocurrency platform Coinbase and the investment firm SV Angel. The exchange Blade is scheduled to launch in three weeks’ time. Blade’s funding and plans come by way of a Tech Crun..

TZERO Officially Launches Public Security Token Trading оn Schedule

News Retail giant Overstock’s blockchain subsidiary company, tZERO, has opened up its preferred equity security tokens — dubbed TZROP — for trading by accredited and non-accredited investors. TZERO announced the news in a press release on Aug. 12, the previously proclaimed day of the launch. Accor..

Crypto Vs. Cash: Which Countries Expect to Go Digital Soon?

Crypto Map The Liberal Party of Australia recently proposed a draft bill clarifying that purchases of over 10,000 Australian dollars (around $6,750) in cash would not be legal. According to the government, this step will dissuade tax evasion and encourage a transition to a cashless society. Accor..

EY Hired to Help Develop Blockchain-Based Fine Wine Trading Platform

News A blockchain-based fine wine investment trading platform has selected Big Four auditing firm EY to provide technology services as its development continues. WiV Technology enables clients to trade bottles and cases of premium wine, with the origin, quality and value of assets certified on a c..

Coinbase’s Professional Platform to Begin Listing Process for Algorand Token

News Major cryptocurrency platform Coinbase is adding the Algorand protocol’s eponymous token to its professional-targeted trading platform Coinbase Pro on Aug. 14. Coinbase announced this latest addition in an official blog post on Aug. 9. The cryptocurrency exchange will scale up to full Algoran..

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