Charles Hoskinson, founder of Cardano and CEO of IOHK, discussed the impact of Binance CEO Changpeng Zhao’s departure. He said Zhao proved himself to be a “monumental figure in the space” and his departure has opened “a new chapter of global challenge and diversity”.
An emerging fintech firm from the Philippines has joined forces with a major US-based digital currency issuer to explore ways to help promote the adoption of a digital dollar-backed stablecoin. The partnership is a potentially game-changing move for financial inclusion in the region.
FTX CEO Sam Bankman-Fried recently granted the Alameda County account “special privileges” on the exchange. Accounts are usually limited to investing in traditional assets, but Alameda has been given access to new markets. It is unclear exactly what these privileges entail.
From November 2020, Dutch customers of the US-based cryptocurrency exchange Gemini will be unable to buy, sell, or store their crypto assets. The decision was made due to a policy change by the Dutch Central Bank.
As Telegram users continue to grow, its wallet is becoming increasingly important. With its close integration into day-to-day chat interactions and excellent scalability, Telegram is quickly becoming a major contender in the crypto wallet landscape.
Swan, a crypto-centric exchange, has announced the launch of its own trust company, allowing users to trade and store digital assets within the US. The move is part of Swan’s goal to become the world’s first Bitcoin-only financial platform.
The oldest crypto-exchange in the world has unexpectedly announced a major boost to Ripple’s XRP token. The move is expected to have a significant impact on the price of the cryptocurrency, heightening investor interest.
Analysts are predicting that the price of Litecoin may drop below $60 in the near future. This prediction is thought to be due to suspicious “whale” deposits of a large number of coins to exchanges in recent days.
Kraken, the cryptocurrency exchange, is looking to expand its services in the UK by establishing a derivatives unit. According to Bloomberg, this move is part of their ambition to become one of the top players in the cryptocurrency derivatives market.