Category: Crypto News

BitShares DEX Gateway CryptoBridge Implements Mandatory KYC for Users

BitShares DEX Gateway CryptoBridge Implements Mandatory KYC for Users

BitShares Decentralized Exchange (DEX) gateway CryptoBridge announced on Oct. 1 that it has implemented mandatory user Know Your Client (KYC) verification.European regulation is responsibleAccording to the announcement, the reason for the upcoming mandatory KYC is the 5th EU Anti-Money Laundering Directive (AMLD5). Interestingly, CryptoBridge also noted that the company wants to challenge international financial regulation, …


Bitfinex Among First Block Producers of Blockchain Games Distributor Ultra.io

Bitfinex Among First Block Producers of Blockchain Games Distributor Ultra.io

Blockchain-based PC games distribution platform Ultra.io has unveiled its first three block producers (BPs): Bitfinex, EOS Rio and EOS New York.All three future network maintainers are EOS BPs, while Bitfinex is also a major and well-known cryptocurrency exchange.Making the gaming industry fairerPer the announcement on Oct. 2, the three entities will help Ultra optimize its …


It's Too Soon to Write Off Bakkt, Wall Street Analyst Tells ICE Investors

It’s Too Soon to Write Off Bakkt, Wall Street Analyst Tells ICE Investors

It’s too soon to write off Bakkt, despite the bitcoin futures market’s disappointingly slow start, analysts at Oppenheimer & Co. said. In an Oct. 1 research note, the equity research firm encourages investors to “not get upset” about the lackluster trading volume of Bakkt. For one thing, its parent company, Intercontinental Exchange, has plenty of …


Bitcoin Trading Journal: Swing Trader Shares How to Profit From Altcoin, BTC Investing

Swing Trader Shares How to Profit From Altcoin, BTC Investing

This is the second installment of my trade journal, which includes completed trades on large-cap altcoins XRP and Ether. I’ve found that crypto investors are always curious about each other’s positions and typically these conversations take place in private DMs and telegram chats. The goal here is to provide some transparency on my trading routine …


Coinbase to Pay Users 1.25% Interest on USDC Stablecoin Holdings

Coinbase to Pay Users 1.25% Interest on USDC Stablecoin Holdings

You don’t have to be a trader on Coinbase to make a profit. Starting Wednesday, customers of the San Francisco-based cryptocurrency exchange can earn interest on their holdings of the dollar-pegged stablecoin USDC. The annual percentage yield (APY) is 1.25 percent. “We’re trying to build more ways for customers to grow their wealth on Coinbase,” …