European Blockchain Startup Launches Trading in Tokenized Securities

Belarus-based blockchain startup Currency.com has launched a trading platform for tokenized securities. The firm announced Tuesday that the platform would allow investors to directly trade and invest in financial instruments using the cryptocurrencies bitcoin or ethereum, without first converting to fiat. The platform will initially host over 150 tokenized securities, tracking the underlying market price of financial instruments such as equity and commodities, it said, while over 10,000 similar offerings could be available in the future. Currency.com explained that the service lets investors buy a token that would reflect the…

Bittrex Launches Over-the-Counter Trading Platform for Bitcoin, Crypto

Major cryptocurrency exchange Bittrex will launch an over-the-counter (OTC) trading desk today, January 14, 2018, by 18:00 UTC. The service will allow investors to trade nearly 200 digital assets currently offered on the Bittrex trading platform. OTC trading is popular with institutional investors who trade in large volumes of cryptocurrencies. This form of crypto trading happens between two parties, and it takes place away from the exchanges. OTC trades are often handled via brokers, who offer high-volume traders a trading desk to execute large trades with a faster settlement and…

Bittrex Launches OTC Trading Desk With 200 Cryptocurrencies

U.S. crypto exchange Bittrex is launching an over-the-counter (OTC) trading desk. The new service, which will allow approved clients to “quickly and conveniently trade assets,” will support nearly 200 cryptocurrencies already offered by the exchange, the company announced Monday. According to the exchange, the OTC desk will provide “guaranteed pricing” for major trades, “typically $250,000 or greater.” OTC trading desks facilitate direct transactions between two parties, unlike exchange trading where buy and sell orders are matched through an order-book. The desk itself will not go live until 18:00 UTC on…

Seed CX Launches New Wallet Features for Institutional Clients

Institutional-focused crypto exchange Seed CX is launching a new wallet solution aimed at adding security and transparency for its customers. The company, which raised $15 million in funding last fall, announced Thursday that its new wallet features on-chain settlement, and provides each customer a unique wallet rather than using omnibus wallets. Provided through its settlement subsidiary Zero Hash, the new wallets allow the exchange to synchronize its internal accounting on the appropriate blockchain. As such, market participants can independently verify all deposits, withdrawals and other transactions associated with their wallet.…

BitTorrent Launches Native TRON-Based Token

Peer-to-peer torrent client BitTorrent has launched a native token, BitTorrent (BTT), based on the TRON protocol, according to a press release shared with Cointelegraph Jan. 3. The token can be exchanged between users to optimize their network speed and attain faster downloads, according to the press release. BitTorrent’s first full-fledged move to begin to tokenize its content sharing ecosystem — which reportedly serves over 100 million users — comes around six months after the company was acquired by decentralized internet startup TRON for an undisclosed amount. BTT tokens, which are…

Bitcoin Magazine Launches Custom Block Explorer

As part of the new Bitcoin Magazine site, we’ve launched a custom block explorer, using Blockstream’s open-source implementation Esplora. What Is a Block Explorer? Bitcoin runs on a distributed network of computers that participate in securing and maintaining a ledger of transactions called a blockchain. A blockchain is made up of blocks that are secured every 10 minutes by computers called miners. For a detailed explanation of Bitcoin mining, see our guide on the subject. A block explorer is an interface for exploring blocks in a blockchain in a detailed…

Bitfinex Crypto Exchange Launches Margin Trading for Stablecoin Tether

Hong Kong-based cryptocurrency exchange Bitfinex has introduced margin trading for stablecoin Tether (USDT), according to a blog post published Dec. 21. Bitfinex has launched margin trading for the USDT/USD pair, which would purportedly lead to more efficient price discovery and enable users to hedge the exposure taken on stablecoins. Along with a dedicated lending market, USDT will be available as collateral for margin positions, the post further reads. While stablecoin margin trading is currently limited to USDT/USD, the exchange is planning to introduce margin trading for some other stablecoin pairings…

Parity Launches Beta Version of Tool Stack for Building Blockchains

United Kingdom-based blockchain infrastructure provider Parity has launched a beta version of Substrate, its tool for creating customized blockchains, according to a press release published Tuesday, Dec. 18. The release states that Substrate is designed to provide “maximum technical freedom” while creating blockchains. It supports multiple programming languages, users can make their own consensus mechanisms, and it is compatible with most existing consensus algorithms. Parity is also going to add more consensus mechanisms in subsequent releases, making them hot-swappable and allowing users to switch between different mechanisms without a hard…

OKEx Launches No-Expiry Bitcoin Derivative Product

Malta-based OKEx, currently the second largest crypto exchange by 24-hour adjusted volume, has launched a new bitcoin derivative product with no expiry date, meaning that positions can be held indefinitely. Announced Tuesday, the product, dubbed a “perpetual swap,” allows crypto traders to speculate on the future value of OKEx’s bitcoin (BTC) to U.S. dollar (USD) index. Each swap contract has a notional value of $100 equivalent in BTC, the exchange said in a statement, adding that traders can either long a position to profit from an increase in bitcoin’s price…

Binance Labs Launches 8 Blockchain Startups

Ella Zhang, Head of Binance Labs Binance Labs recently announced the launch of eight projects which have been incubated over the course of the last few months. The San Francisco chapter of Binance Labs ended its ten-week Incubation Program which focused on providing guidance, mentorship, and resources to each project. Over 500 project teams applied for the program, and after an intensive review process, eight were selected and granted $500,000 each. The projects also received access to fireside talks from industry leaders including Binance CEO Changpeng Zhao. Ella Zhang, the head of…