Bitcoin 

CME Group Announces Launch Date of Options on Bitcoin Futures Product

The Chicago Mercantile Exchange (CME) Group has announced the date it expects to launch options on Bitcoin (BTC) futures in a statement on Nov. 12. “In response to growing interest in cryptocurrencies and customer demand for tools to manage bitcoin exposure, CME Group will launch options on Bitcoin futures (BTC) on January 13, 2020,” the company revealed in the announcement. The CME Group said that the upcoming product is still pending regulatory approval. Contract specifications CME Group specified that one Bitcoin futures contract will represent 5 BTC quoted in U.S.…

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Blockchain 

Crypto Exchange Kraken Announces That WebSockets Private API is Live

Major cryptocurrency exchange Kraken made its WebSockets private Application Program Interface (API) available for all Kraken clients. On Oct. 24, Kraken reported on its blog that the first two messages of the private API have gone live to all of its clients after being in beta mode since the beginning of October. The new functionalities The crypto exchange advertises WebSockets as providing a faster, more efficient interface for those clients who build software applications for trading and accessing Kraken’s market data. In order for Kraken clients to subscribe to a WebSocket…

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Bitcoin 

Bakkt Announces First Regulated Options Contract for Bitcoin

Bakkt announced on Oct. 24 that it will be launching the first regulated options contract for bitcoin (BTC) futures on Dec. 9.  According to Bakkt, the key features of the Bakkt Bitcoin Options contract include capital efficiency, cash or physical settlement, European style option, low fees, as well as instant messaging, block trades and options analytics.  The new options product is based on customer feedback, explains CEO Kelly Loeffler and is designed to hedge or gain bitcoin exposure.  Bakkt adds: “ICE Futures U.S. has self-certified the contract with the CFTC…

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Bitcoin 

Binance Announces Ruble Trading at Russian Gov’t-Sponsored Event

Binance, one of the largest global crypto exchanges, will soon add support of fiat trading, starting with the Russian ruble. Adding ruble support in “about two weeks” The news was publicly announced by Binance CEO Changpeng Zhao (CZ) at a Russian government-led event, the Open Innovations Forum in Moscow on Oct. 21. By adding Russia’s national cryptocurrency on its platform, Binance will allow users from Russia to buy cryptocurrencies directly using rubles, CZ explained. In a video posted on Twitter, CZ said: “In about two weeks or so, we should…

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Blockchain 

Blockchain Firm Algorand Announces Sharia Certification for Islamic Finance

The Algorand Foundation announced that its blockchain platform is now certified for Sharia-compliant financing. According to a press release on Oct. 21, Islamic institutions can now start using the proof-of-stake Algorand blockchain for economic exchange, stating: “Islamic enterprises will now be able to realise new business opportunities on a platform that is congruent to their finance guidelines.” Although Algorand obtained the certification for Sharia financing, each decentralized application built on Algorand will need to be evaluated and vetted individually for compliance. The Algorand Foundation recognizes the importance of Islamic financial…

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Blockchain 

FC Bayern Munich Announces Digital Token to Boost Fan Engagement

Germany’s FC Bayern Munich has become the latest football club to announce blockchain-based merchandise for fans. As reported Oct. 11, the club will partner with Stryking Entertainment to produce digital collectibles of its players. Play FC Bayern Munich past vs. present The collectibles will take the form of digital player cards with the likenesses of FC Bayern Munich players, past and present. Stryking is also creating a fantasy-league style challenge for the cards, offering a gameplay aspect to the collectibles. Fans can build virtual squads and play each other with…

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Bitcoin 

Bitmain Announces Two New ASIC Cryptocurrency Mining Rigs

Leading Application Specific Integrated Circuit (ASIC) producer Bitmain announced two new series 17 Bitcoin (BTC) mining machines in a blog post published on Oct. 9. Bitmain: higher efficiency and hashrate Bitmain co-founder Jihan Wu announced the S17+ and T17+ mining machines at the World Digital Mining Summit (WDMS) in Frankfurt. Bitmain claims that the new ASICs feature improvements to power efficiency and hashrate. The post states that the new hardware is capable of performing tens of trillions of hashes per second (TH/s): “The Antminer S17+ has a hash rate of…

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Blockchain 

Bittrex Announces New Trading Platform Based in Liechtenstein

Cryptocurrency trading platform Bittrex has announced Bittrex Global, a new platform headquartered in Liechtenstein. Per a press release shared with Cointelegraph on Sept. 30, Bittrex is expecting to roll out Bittrex Global at the end of October in the city of Vaduz, Liechtenstein. A fundamental reason for Bittrex’s choice to set up a new trading platform in Liechtenstein is the country’s regulatory clarity toward digital currencies and blockchain technology. New products in accordance with European Union law Bittrex Global is planning to develop new features and products, including customer reward…

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Blockchain 

Turkey Announces Plans for a National Blockchain Infrastructure

The Turkish government announced its plan to establish a national blockchain infrastructure to utilize distributed ledger technology (DLT) in public administration. The Republic of Turkey’s Ministry of Industry and Technology announced plans for a “National Blockchain Infrastructure” during its Strategy 2023 presentation on Sept. 18 in Ankara, Turkey. Strategy 2023 emphasizes blockchain and DLT as priorities for the National Technology Initiative in the coming year. The document refers to a Startup Genome survey that marks blockchain as one of the fast-rising tech trends, with a 101.5% increase in early-stage startup funding globally.…

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Blockchain 

NEO Global Development Announces Pilot Network for Next Year’s NEO3

NEO is launching the NEO3 Preview1 on a pilot testing network today, intending to introduce its developer communities to major updates in NEO3. First NEO3 TestNet On Sept. 17, in a press release shared with Cointelegraph, NEO Global Development (NGD) announced that it is releasing the NEO3 Preview1 build.  Despite the fact that the official release of NEO3 is not until next year, the Preview1 build provides several insights into architectural changes and some major updates. In response to the release, Erik Zhang, NEO Founder, noted that: “Through the NEO3…

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