Trading News

Japan's largest bank to launch a blockchain payment system in the first half of 2020 Japanese financial corporation Mitsubishi UFJ Financial Group (MUFG), the fifth largest bank in the world in terms of assets under management, has released new information on the development of a blockchain payment system. The project is being implemented in conjunction with the American content delivery system Akamai and is preparing to launch in the first half of 2020.

Crypto-credit startup BlockFi raised $ 4 million from Galaxy Digital and Fidelity BlockFi, a startup providing loans in US dollars secured by cryptocurrency, raised $ 4 million in funding, writes CoinDesk.

Crypto Exchanges Binance and OKEx Expand List of Supported Order Types The two major cryptocurrency exchanges announced several innovations this Thursday to improve the user experience with their platforms.

Coinroom crypto exchange closed along with clients' assets The Polish crypto exchange Coinroom suddenly closed without paying its customers, writes Finance Magnates, citing local news portal Money.pl.

Bond King Jeffrey Gundlach sees bitcoin as a hedge against inflation Billionaire investor Jeffrey Gundlach believes that bitcoin can help protect capital from depreciation amid a weakening dollar in the long term. He made this statement in a conversation with Rosenberg Research on November 2.

Cayman Islands Developing Legal Framework to Attract Cryptocurrency Companies

Invest in Bitcoin at Your Own Peril and Risk - Head of the Central Bank of FranceThe head of the Central Bank of France issued a warning about the risks of investing in bitcoin. Writes about this The Independent.

IDEX will leverage Algorand solutions to empower a non-custodial exchange IDEX, a non-custodial cryptocurrency exchange, will expand its services with Algorand technology as part of a plan to expand into new and sought-after platforms.

The head of the Bank of Canada announced the readiness of the national digital currency for launch, Governor of the central bank of Canada Tiff Maclem said that the initiative of his department to develop its own digital currency is ready to exit the experimental stage. In a conversation with Reuters, he also said that they are cooperating in this direction with other G7 countries.

FTX Issues Largest Volume of WBTC Tokenized Bitcoins for DeFi Farming Alameda Research, the owner of the FTX cryptocurrency exchange, issued the largest one-time emission of WBTC Ethereum token pegged to Bitcoin at a ratio of 1 to 1. The total transaction volume was 2,317 WBTC. This is just 1 WBTC more than the Three Arrows Capital crypto fund issued a day earlier.

Pharmaceutical giant Bayer has hired VeChain to develop a blockchain logistics solution The Chinese arm of pharmaceutical company Bayer has partnered with the VeChain blockchain project to develop a drug tracking platform.

Justin Sun promises to do his best to add TRON to the Binance US platform TRON, the 12th largest cryptocurrency, experienced a 6% decline on Friday evening. Shortly before that, applicants were announced for inclusion in the exchange list of the American branch of the Binance cryptocurrency exchange. A number of analysts argue that adding altcoins from Binance.com to Binance US is an important factor in maintaining their liquidity in the future.