Bitzamp News Spotlight For This Week From April 23 – 28, 2018
The popularity of trading bitcoin futures contracts (XBT) continues to scale new heights. On Wednesday, CBOE, the dominant U.S. derivatives exchange providing bitcoin futures contracts, saw its highest-ever trading volume for bitcoin futures since the launch of trading in December.
Wednesday’s instance broke the earlier CBOE record of 15,500 bitcoin futures contracts traded on Jan. 17. While January’s record is attributed to the first ever expiry of the then newly launched bitcoin futures contract.
Here are some major News Spotlight for this week:
Binance has successfully completed the burn of over $71.5 million dollars: Binance has remain the top cryptocurrency exchange by trading volume, a fit it achieved in less than 7 months of operation after it founding around July 2017. The exchange is said to have the largest trading pairs and currently has offices in Hong Kong, Tokyo , London and Singapore.
Iran’s Central Bank Has Banned Banks From Dealing In Cryptocurrency: Iran’s central bank has banned the country’s banks from dealing in cryptocurrencies, including Bitcoin, for money laundering issues, the state news agency IRNA reported on Sunday as the country tries to stop a currency crisis.
Amazon Wins Patent For Data Flow Marketplace To Identify Bitcoin User’s Data: The US Patent and Trademark Office on Tuesday approved a 2014 patent filing of an Amazon.com subsidiary that can correlate different data feeds and sell the combined flow in a market.
The patented system is described as a “streaming data marketplace” where several entities provide..
Amazon Launches AWS Blockchain Templates For Ethereum and Hyperledger Fabric: AWS Blockchain templates, which the company claims will make it easier for developers to create blockchain-based projects. Amazon Web Services (AWS) “blockchain-as-a-service” platform is intended to compete with similar projects from Oracle and IBM.
#MeToo Activists Saved in Ethereum Blockchain to Eliminate Censorship in China: An open letter from a Chinese student who was censored after going viral on social media in China has been published in a more difficult place to erase: the ethereum blockchain.
In a rare act of disobedience, student activists in the emerging #MeToo Chinese movement at Peking..
Winklevoss Twins Teams up with Nasdaq to Increase Crypto Trading Oversight: Gemini, the New York registered digital asset exchange announced they will be using Nasdaq SMARTS Market Surveillance which will enable the bitcoin and ether exchange to monitor trading across BTC/USD, ETH/USD, and BTC/ETH.
Chile’s Court Orders Two Banks to Re-open Accounts of Crypto Exchanges: Chile anti-monopoly court has ordered two banks to re-open the accounts of Buda cryptocurrency exchange.
Earlier this month; a group of exchanges in Chile filed a lawsuit against the banks’ decision to shut down their accounts.
From $400billion to $4trillion and then $40trillion in cryptocurrency market cap-Venture capital firm CEO: Over the past two weeks we have witness a dramatic increase from under $270 Billion to 410 Billion in cryptocurrency market cap as of the time of this writing. These has instill sudden hope to the crypto-community as most investor are beginning to see green signs in their investment portfolio after a long correction that lasted for more than 70 days.
Ripple Adds Five New Customers to xVia: Malaysian fintech firm MoneyMatch has signed on with enterprise blockchain solution provider Ripple to utilise the latter’s xVia solution to facilitate frictionless payments over its proprietary network, RippleNet.
xVia API allows paid users to access the benefits of RippleNet, which includes reducing operating costs, while..
Binance Founder Zhao Changpeng, Denies Allegations By Sequoia In Hong Kong Lawsuit: Binance chief Zhao Changpeng, founder of the world’s largest cryptocurrency exchange, has formally denied allegations made by venture capital firm Sequoia Capital about a failed funding deal.
As reported yesterday, the case stems from the collapse of negotiations for an investment in Binance by..
Despite High-Profile Heist Coincheck Earned Upto $432.56 million in Profit: Japanese online brokerage firm Monex Group has revealed its blockchain and initial coin offering (ICO) plans in its financial results for fiscal year ending March 31, 2018. The Japanese crypto exchange Coincheck earned an estimated $432.56 million between the months of its hack. The cryptocurrency exchange Coincheck has had a bit of a year.
Don’t attend 2018 Coindesk Consensus-Ethereum founder Vitalik Butterin: One of the most influential minds in the cryptocurrency space Vitalik Butterin who is also the founder of the second largest cryptocurrency by marketcap ethereum has called on crypto-community to boycott the much anticipated and one of the most influential crypto gathering called Coindesk consensus scheduled to be held on the 14th to 16th of may 2018.
John McAfee-backed Cryptocurrency left a MongoDB Database Unsecured, Spilling Users Data: Kromtech Security has revealed a data breach tied to investors of the Bezop cryptocurrency. The cybersecurity firm made the announcement on April 24, 2018. The leak exposed confidential information about investors of the Bezos cryptocurrency.