Blockchain 

Maker Launches New Dai Today, Expects to Phase-Out Old Dai in Months

Decentralized autonomous organization (DAO) Maker will launch a new type of Dai (DAI) stablecoin today. Known as Multi-Collateral Dai (MCD), the new type of the DAI will be backed by several types of collateral in contrast to the existing Single-Collateral Dai (SCD), which will now be called Sai (SAI).  While Maker previously announced the new protocol in October, the firm provided an update on the upcoming changes to Dai in a post on Nov. 18. As per the announcement, the launch of MCD will not require any action from Dai…

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Bitcoin 

Crypto Exchange OKEx Launches Bitcoin Futures Margined With Tether

Cryptocurrency exchange OKEx has launched Bitcoin (BTC) futures contracts that are margined with the Tether (USDT) stablecoin. OKEx announced the new offering in a press release on Nov. 14. OKEx first announced its intention to launch USDT-settled futures trading with up to 100x leverage at the end of October. Now, after conducting a simulation that began on Nov. 5, the exchange listed the BTC/USDT offering on its trading platform. The exchange previously said that offering a stablecoin-based derivatives contract will make it simpler and more efficient for traders to navigate…

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Bitcoin 

Coinbase Card Adds XRP and Launches in 10 More European Countries

Coinbase’s Visa debit card has expanded support for five more cryptocurrencies in ten new jurisdictions, the firm announced in two separate tweets on Nov. 14. Launched in April 2019, Coinbase Card now supports a total of nine cryptocurrencies in 29 countries in Europe. The Coinbase Card’s new supported cryptos include XRP, Stellar (XLM), Basic Attention Token (BAT), 0x (ZRX) and Augur (REP), enabling users to spend using the listed currencies. The five coins join other major supported cryptocurrencies like Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH) and Litecoin (LTC). Coinbase…

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Bitcoin 

Crypto.com Launches New Exchange Eyeing Top-10 Spot Within 5 Years

Hong Kong-based cryptocurrency platform, Crypto.com, announced the launch of its cryptocurrency exchange on Nov. 14.  The Crypto.com Exchange is intended to drive the mass adoption of cryptocurrencies by enabling over one million users the ability to trade digital assets through the Crypto.com web interface, trading API, or through its app. “Creating an exchange has been a natural extension and next step to ensure that everything stays in our own ecosystem,” Kris Marszalek, co-founder and CEO of Crypto.com, told Cointelegraph at BlockShow Singapore 2019. Notable features of the Crypto.com Exchange include…

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Bitcoin 

DigitalX Launches Bitcoin Fund Seeded With $1.9M in BTC

Australian crypto firm DigitalX Ltd. is launching a Bitcoin (BTC) fund, seeded with roughly $1.9 million of its own holdings in cryptocurrency. According to a news release published on Nov. 13, the new fund is offered through an unlisted fund structure to enable investors like family offices and high net worth individuals to gain exposure to the coin via a familiar vehicle.  Seeded with 215 Bitcoin — roughly $1.9 mln DigitalX has reportedly been involved in the Bitcoin space since 2014, beginning with mining before evolving to offer trading and…

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Bitcoin 

HTC Launches Limited Run of Smartphone With Crypto Exchange Binance

Taiwan-based smartphone maker HTC will launch a limited edition of the Exodus 1 featuring services by major global crypto exchange Binance. The Binance Edition Exodus 1 supports the Binance public blockchain, Binance Chain, as well as its decentralized counterpart Binance DEX, the firms announced Nov. 12. Exodus 1’s native crypto wallet is integrated with Binance DEX HTC and Binance announced the news at a Binance Super Meetup in Singapore attended by Binance CEO Changpeng Zhao and CFO Wei Zhou, according to a press release shared with Cointelegraph. The Binance Edition…

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Blockchain 

Canadian Blockchain Firm Launches USD-Pegged Stablecoin CUSD

Canadian blockchain research firm Blockchain Venture Capital Inc. (BVCI) has officially launched a United States dollar-pegged stablecoin, the CUSD, according to a press release published on Nov. 11. The new USD-anchored stablecoin comes four months after the firm launched CADT, a stablecoin initiative pegged to Canada’s national fiat currency. CUSD is pegged 1:1 to USD As reported, BVCI debuted CADT stablecoin in conjunction with last Canada Day on July 1. With one CUSD equivalent to one USD, the new stablecoin is expected to be used by people and businesses, and…

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Blockchain 

VC Firm Andreessen Horowitz Launches Free 7-Week Crypto School

Venture capital firm Andreessen Horowitz (a16z) is launching a free, seven-week crypto startup school, scheduled to kick off in February 2020.  The firm — well-known for its investments in crypto industry names such as Coinbase and Ripple — publicly announced the program on Nov. 8. Free materials online for the general public According to the announcement, the program — which will entail lectures held in person in Menlo Park, California — will cover a broad curriculum for those seeking to found blockchain startups. In parallel, videos and curriculum materials will…

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Blockchain 

Tokenized Carbon Credits Exchange for Airlines Launches in Singapore

Carbon exchange AirCarbon launched a global tokenized carbon credits trading platform in Singapore. Business news outlet Business Times reported on Oct. 30 that the platform will allow firms such as airlines to buy and sell tokens representing carbon offset credits or Eligible Emission Units (EEUs), approved by the International Civil Aviation Organization (ICAO). The first token representing an EEU has been created today by Senior Minister of State at the Ministry of Trade and Industry Koh Poh Koon upon the platform’s launch at the Asia Clean Energy Summit 2019. The…

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Blockchain 

Crypto Ranking Website CoinGecko Launches Derivatives Section

CoinGecko announced that it is launching its own cryptocurrency derivatives section. In a press release shared with Cointelegraph on Oct. 29, the data aggregator said that its new derivatives section will offer additional stats so users can track more than 100 derivatives products offered by over 20 derivatives exchanges. CoinGecko’s offering is the first of its kind According to CoinGecko, this offering is the first to provide “free, unimpeded access to vital aggregated crypto derivatives data”, such as price, interest, funding rates, trading volume and more. CEO of CoinGecko, TM…

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