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Monday, 23 July 2018

CME Report: Bitcoin Futures Average Daily Volume Up 93 Percent in Second Quarter & Other News

Don't Miss The Top Five Stories From The Last Week
 

Coinbase Gets Regulator's Approval to List Digital Coins Considered to be Securities

What is this all about?
 
Cryptocurrency exchange and wallet service provider Coinbase has received approval from the U.S. Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) to list digital coins considered to be securities.
What did Coinbase representative say?
A Coinbase representative said that the deal will allow them to extend its offerings with security tokens and to operate as a broker dealer, an alternative trading system and a registered investment adviser. Read more.

China Sees Sixfold Increase in Companies With 'Blockchain' in Their Name

What happened?

In China, the number of companies registered with the word "blockchain" in their names surged from January to July 16, 2018, surpassing last year's number by nearly sixfold.

What do the numbers suggest?
The country currently hosts more than 4,000 blockchain-related companies. In the past six-and-a-half months, there were 3,078 firms with the word "qukualian" — the Chinese translation of blockchain — in their names, while last year there were 555. Get more details here.

 

Enigma's Guy Zyskind: 'I'm Pro-Whatever Kind of Blockchain Fits Decentralization Ideals'

What happened?

Cointelegraph recently spoke to Guy Zyskind, the founder and CEO of decentralized blockchain company Enigma and graduate of the Massachusetts Institute of Technology (MIT), about the future of blockchain protocols and where Enigma fits in.
What did Guy Zyskind say?
During TechCrunch's recent Ethereum Meetup in Zug, Switzerland, Zyskind elaborated on his successful experience teaching a blockchain course at MIT, as well as his regrets over missing out getting into crypto way back in 2010. Read the full interview to know more.


Malta Stock Exchange, Crypto Exchange OKEx to Launch Security
Tokens Trading Platform

What is this all about?

The Malta Stock Exchange (MSE), in collaboration with digital asset exchange OKEx, will create a new institutional-grade, security-tokens trading platform named OKMSX.
What is this for?
The joint project aims to become a platform for digital asset exchanges, with security expertise and client due diligence. Details here.

CME Report: Bitcoin Futures Average Daily Volume Up 93 Percent in Second Quarter

What is this based on?
The research says that in 2017, "over 70 percent of ICO funding (by $ volume) to-date went to higher quality projects, although over 80 percent of projects (by # share) were identified as scams."
What did CME say?
CME stated that the rate of open interest (OI) or the number of open contracts on Bitcoin futures has exceeded 2,400, which amounted to a 58 percent increase in Q1. Read more here.      

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