Bitcoin 

Crypto Trading Platform OKCoin Expands Its Services and Opens Office in Malta

Digital asset trading platform OKCoin has expanded its trading services and opened an office in Malta, according to a blog post published on June 4. OKCoin has launched its services to non-United States customers, who can now deposit and withdraw euros, as well as participate in euro spot trading for cryptocurrencies such as bitcoin (BTC), ether (ETH), and bitcoin cash (BCH). Per the post, the exchange is planning to add more euro digital asset pairs in the future. Apart from expanding its trading, OKCoin has opened an office in Malta…

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Bitcoin 

Bitcoin Purchases Roll Out to 2,200 US Coinstar Kiosks as Partnership Expands

Bitcoin ATM operator Coinme has expanded its bitcoin (BTC) purchasing options for United States residents to cover 21 states, the company confirmed in a press release on May 22. Coinme, which began as the U.S.’s first licensed bitcoin ATM provider in 2014, will now serve around 2,200 locations in the country via its existing partnership with coin kiosk operator Coinstar. As Cointelegraph reported, Coinstar first started selling bitcoin for USD in January this year, so far restricting the feature to the U.S. market. “Bitcoin and other digital currencies offer unique…

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Bitcoin 

Blockchain Intelligence Firm Chainalysis Expands Monitoring Tools to Cover 10 Cryptos

New York-based blockchain compliance firm Chainalysis has expanded its real-time transaction monitoring tools to cover a total of 10 cryptocurrencies, Reuters reported on April 24. Chainalysis is one of the highest-profile players in the blockchain intelligence industry, providing technology — such as its proprietary KYT (Know Your Transaction) tool — that enables firms, governments and law enforcement agencies to track the flow of cryptocurrencies on the blockchain and track suspected illicit transactions, helping to uncover money laundering or terrorism financing. The firm has reportedly issued a statement outlining that its…

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Blockchain 

Algorand Expands Testnet Platform to Public Ahead of June Mainnet Release

Digital currency and transaction platform Algorand has released its public testnet to gather feedback on its product, the company confirmed in a press release on April 16. Algorand, the brainchild of Massachusetts Institute of Technology (MIT) professor Silvio Micali, seeks to build an app development platform for enterprises. The project previously obtained $66 million in funding, releasing the testnet to a limited group of participants prior to the public rollout. Among them was Top Network, a decentralized cloud communication service which subsequently formed a partnership with Algorand to develop its…

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Blockchain 

Fintech Platform Expands by Offering Wallets and Exchange Tools for ‘Crypto Spring’

A fintech company says it has reached several milestones that help crypto enthusiasts capitalize on the current bull market, as it complements its crypto lending service with wallets, blockchain integration and crypto-fiat conversions. YouHodler offers cash loans of up to $30,000 to consumers who are willing to use their cryptocurrency as collateral. As previously reported by Cointelegraph, this gives people the chance to unlock liquidity and access funds without selling their assets. The platform says suggestions from its community are instrumental in its ambition to unveil new features — and…

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Blockchain 

Blockchain Insurance Initiative B3i Expands Its Group of Investors

Swiss blockchain-based insurance transaction platform B3i has expanded its group of investors in its ongoing funding round, according to a press release published on April 3. Per the release, B3i has added three new insurer and reinsurers to participate in the company’s current funding round. B3i notes in the announcement that the first phase of the product scheduled to be launched in the fourth quarter of 2019 is being evaluated, while invitations for the second wave of investors are being extended. Additionally, B3i formed a Board of Directors that includes…

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Ethereum 

Fintech Firm trueDigital Expands Over-the-Counter BTC, ETH Reference Rate Distribution

New York-based fintech infrastructure provider trueDigital Holdings (TDH) is partnering with crypto data firm Kaiko and digital assets analytics company Inca Digital Securities to widen the distribution of its over-the-counter (OTC) reference rates for Bitcoin (BTC) and Ethereum (ETH). The development was shared with Cointelegraph in a press release on March 25. As reported last year, TrueEX created TDH as an affiliate in March 2018, immediately announcing a TDH partnership with prominent blockchain tech firm ConsenSys (created by Ethereum co-founder Joseph Lubin) to create a benchmark rate for the price…

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Bitcoin 

US Institutional Crypto Exchange Seed CX Expands to Asia With New Partnership

United States-based institutional cryptocurrency exchange Seed CX has partnered with Singapore-based fintech company Hydra X to offer its trading service in Asia. Seed CX announced the development in a press release published on March 21. Per the announcement, Seed CX will join the list of supported digital asset trading venues available on the Sigma trading platform offered by Hydra X, which is currently in public beta. The partnership will also reportedly allow institutional Sigma users to access Seed CX’s fiat-crypto gateway. Seed CX is a licensed digital asset exchange for…

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Blockchain 

Kraken Expands Its Team With Five New High Level Hires

United States-based cryptocurrency exchange Kraken is expanding its team with new high level hires, according to the company’s blog post published on March 7. In the post, Kraken announced five new appointments to its team. The new appointments will see Matt Mason as Chief Marketing Officer, Steve Hunt as Vice-President of Engineering, Nelson Minier as Head of OTC Sales and Trading, Bob Zagotta as Head of Business Operations and Strategy, and Mary Beth Buchanan as General Counsel. Prior to joining Kraken, Mason was employed by Sony Pictures as Studio Head…

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Cryptocurrency 

Crypto News | Elon Musk Talks Bitcoin and Binance Expands

The cryptocurrency market had quite the shakeup last week, causing a spike in most digital currencies. On Valentine’s Day, six days ago, JP Morgan announced that it would launch a test for its new JPM coin. This was the biggest crypto news to surface in quite some time. Now, digital currencies seem to have corrected, and most are trading red today. In today’s crypto news, we’ll discuss Elon Musk’s interview and the details behind him calling Bitcoin “quite brilliant.” Also, we’ll look into Binance’s new testnet they just released. Crypto News:…

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