Paxos, a NY trust company, announced that its stablecoin PAX is now instantly redeemable for the same number of U.S. dollars.
NasdaqCM-listed Riot Blockchain reported a narrowing loss in its 2019 first quarter that included quadrupled bitcoin mining revenues. The company famously pivoted from biosciences to crypto two years ago.
COBINHOOD, a highly rated cryptocurrency exchange based in Taiwan, has severed ties with its Co-Founder and CEO Popo Chen due to his erratic behavior.
Lightning network, which is experimenting with high speed, low value bitcoin transactions, is now available on Apple’s smart watches.
ErisX launches spot market trading today after closing another $20 million round; still waiting for futures and clearing approvals.
POD: DeFi, which stands for decentralized finance, is a cryptocurrency movement has been attracting attention for its ability to recreate traditional finance mechanisms without reliance on central institutions.
Bcause, which is led by CBOT veterans Fred Grede, Tom Hammond, and Scott Early, filed for bankruptcy protection while it tries to reorganize its debts to a Virginia electric company and others.
FinCEN, the U.S. government office responsible for anti-money laundering, settled charges against an individual, Eric Powers, for bitcoin violations in its first such action. Powers was not registered with FinCEN and did not file the appropriate reports.
LedgerX, the cleared bitcoin swaps exchange, announced Monday that it will be moving into retail markets with bitcoin futures. LedgerX has applied to the CFTC for registration as a futures exchange.
BitMEX’s Arthur Hayes revealed that BitMEX is developing an options trading market to be launched in 12 to 18 months. Hong Kong-based, futures-trading BitMEX is one of the largest crypto platforms in the world.